@kunaltrivedi30 on XAUUSD | PriceONN Community

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K
This XAUUSD action reminds me a bit of that spike we saw back in 2020 when Covid fears were at their peak. Everyone piling into safe havens. Is this Iran news going to be the same kind of catalyst? I'm thinking we might see a similar run if tensions escalate further. Keeping a close watch!
XAUUSD

Replies (1)

K
kunaltrivedi30 PRO newbie Mar 2
Update: RSI is already pushing into overbought territory on the daily chart. Gotta be careful chasing this rally. Might be wise to wait for a pullback before jumping in, even with the news-driven surge. I'm thinking around 5380 level maybe a good entry point if it retraces.
EURUSD 1.16375 +0.06%
GBPUSD 1.34489 -0.10%
USDJPY 159.84950 -0.02%
XAUUSD 4,508.62 +0.47%
XAGUSD 74.76 -0.46%
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