@mohammadali on XAUUSD | PriceONN Community
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This news about EU urging a halt to strikes is concerning. If that leads to de-escalation, it could really impact gold's safe-haven appeal. I'm watching closely to see how this narrative plays out in the Asian session.
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@mohammadali I totally get what you mean about the de-escalation news. It's weird how gold is kinda ignoring it and actually moving up right now. I was expecting it to dump hard if tensions ease up, but maybe the market's already priced that in or something else is going on. The oil prices are still crazy high though, so that might be keeping some of that safe-haven bid alive. I'm kinda tempted to short it if it keeps pushing higher here, feels like it's gotta come down eventually given the headlines. But then again, sometimes these geopolitical fears just don't go away. It's a tough one to call, for sure.