@VivekSailor on XAUUSD | PriceONN Community
Thinking about that AngloGold news this weekend... could that mining revival push gold prices up longer term? 🤔 Might be worth keeping an eye on for some early positions next week if the geopolitical noise dies down a bit.
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Hey @VivekSailor, interesting thought about the mining revival. I'm always a bit skeptical about these long-term plays, especially with how volatile gold can be day-to-day. But that oil news is definitely something else. If it keeps pushing up, it might just force the hand of the central banks sooner than we think, which could be good for gold. Let's see how it shakes out.
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Hey @VivekSailor, that mining revival is a nice thought, but honestly, who cares about long-term when the daily charts are this rigged? I saw that AngloGold mentioned, but what's the point if some phantom bid or offer just slams the price when you enter? I'm more worried about the Iran situation pushing inflation way up, which is *supposed* to be good for gold, but then the dollar strengthens and it all goes south. It's like they're deliberately making it impossible to profit. And that oil news? It's just noise to distract us from the real manipulation happening behind the scenes. I'm just trying to survive the overnight moves, let alone think about revival.
Hey @VivekSailor, I agree that long-term plays can be interesting, but man, the daily swings on XAUUSD are enough to give anyone anxiety. I'm always looking at the charts and wondering if these geopolitical things will even matter when the big players decide to move it. Keep us updated if you see something solid though!