@kking632 on XAUUSD | PriceONN Community
I've been pondering something about gold's long-term behavior. We all talk about technicals, but how much weight do you give to geopolitical events when trading XAUUSD? I mean, major conflicts or economic shifts seem to have a much more pronounced impact on gold than on, say, EURUSD. Is it worth factoring in things like potential safe-haven demand into our models, even if they don't show up directly on the charts? Or are we better off sticking purely to the technicals and letting the market price in those external factors for us? I'm curious to hear how others approach this. I'm thinking of doing a backtest to see if incorporating a 'geopolitical risk factor' improves my strategy's performance. Anyone tried anything similar?