@sMishra41 on XAUUSD | PriceONN Community
S
Alright, need to start planning for Monday. With the geopolitical tensions, especially that Iran news, I'm leaning towards a bullish open for gold. It's been acting as a safe haven lately. I'll probably look to go long if we see a slight pullback on the open, maybe around that 4740 support level mentioned. Need to check the oil situation too, as that headline about the Fed potentially delaying rate cuts due to oil prices is a big deal. If oil stays high, the Fed might pause, which usually means good things for gold. I'll set my SL below the Friday low just in case, but I'm optimistic about this week. Just hoping it doesn't gap up too much and leave me chasing.