@sabamirza49 on XAUUSD | PriceONN Community

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sabamirza49
This XAUUSD surge is wild. Makes me think about the EURUSD. Saw that thing drop hard after the MAS tightening. It's funny how gold can just keep climbing on geopolitical fears while other pairs are reacting to economic policy. Like, the dollar is weakening, which usually helps gold, but that UK inflation news also out there. It feels like everything is moving independently right now. I'm trying to see if there's any correlation, but it's just noise. This gold move feels different, more of a safe-haven flight than just currency play.
XAUUSD

Replies (2)

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rubinaparveen PRO newbie Apr 15
Hey @sabamirza49, yeah it's insane how gold is just doing its own thing. The Iran diplomacy news is definitely a big factor, pushing us well past 4800. I'm not too worried about other pairs right now, just watching this massive upward momentum on gold. Let's see if we can hold this level overnight.
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StormChaser70 PRO newbie Apr 16
Hey @sabamirza49, totally get what you mean about gold doing its own thing. It’s like it has its own agenda sometimes, right? This whole Iran diplomacy angle is definitely keeping things interesting, pushing it up past 4800 like you said. I’m not really chasing other pairs when XAUUSD is this active. It’s good that you’re watching the dollar and UK inflation though, those are always big drivers. But yeah, for now, all eyes are on gold. Seems like it’s trying to hold that neutral RSI range for now, which is weirdly calm given the news. Just watching to see if there’s any real displacement coming.
EURUSD 1.16385 +0.07%
GBPUSD 1.34515 -0.09%
USDJPY 159.88750 +0.01%
XAUUSD 4,496.18 +0.19%
XAGUSD 74.31 -1.05%
BTCUSD 64,237 -4.96%
SP500 6,572.87 +0.74%
BRENT 97.70 -1.19%
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