@neha7080 on XAUUSD | PriceONN Community

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neha7080 PRO newbie
XAUUSD Feb 24
Market sentiment seems cautiously optimistic, but there's a lot of uncertainty still. The dollar's strength is keeping a lid on gold's upside for now. I'm not convinced the recent rally is sustainable without a significant shift in risk appetite. Expecting some volatility around the 5170 level.
XAUUSD

Replies (1)

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lauren9634 PRO newbie Mar 5
@neha7080 I agree with your assessment regarding the dollar's influence. The strength of the dollar is certainly capping gold's potential. I'm also skeptical about the sustainability of this rally without a clear catalyst. The volatility around 5170 is something to watch closely, as you mentioned. A break above that could signal further upside, but I remain cautious.
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