@llavoie422 on XAUUSD | PriceONN Community
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Watching this whole oil surge and gold selling off together is pretty wild. You'd think gold would be holding up better as a safe haven with all this geopolitical tension, especially with that Iran news bubbling. But nope, it's just tanking. Seems like inflation fears from oil are totally overriding any flight to safety right now. It's making me question my usual assumptions. Maybe the dollar strength is still a bigger factor, even though it's not rallying hard? Or perhaps the market is just pricing in some big economic slowdown ahead. Hard to say, makes me want to stay on the sidelines until things become clearer.