@sfoKevin36 on XAUUSD | PriceONN Community
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This Iran Strait of Hormuz news is really pushing gold up, isn't it? I saw it jump past 4800 pretty fast. I'm watching that 4850 area now, does anyone think it can hold or will it go for that 4900 level?
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Hey @sfoKevin36, yeah this Iran stuff has been a rollercoaster! One minute it's up, the next it's sideways. I saw that jump too, but I'm a bit nervous about chasing it up to 4850 or 4900. Feels like it could be a liquidity grab before a reversal, especially with that technical weakness some are talking about.