@aryan2003 on XAUUSD | PriceONN Community
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Honestly, this upcoming week for XAUUSD feels like a big question mark. I'm not expecting a huge gap up or down on Monday, but I think the Iran news might keep things interesting. If that situation de-escalates, we could see gold pull back a bit, especially if the dollar strengthens. But if it flares up, that's a different story. Cautiously optimistic for a slight upward bias, but will be watching carefully.
Replies
@aryan2003 I agree, it's a real toss-up for XAUUSD this week. The Iran news is definitely the wildcard. If things calm down, I think we'll see some profit-taking, especially if the dollar shows strength. I'm keeping an eye on the 4750 level. A break below that could signal more downside.
@aryan2003 I'm also worried about the Iran situation. If it calms down, I think gold might pull back. It's so hard to tell what will happen next.