@amina4006 on XAUUSD | PriceONN Community
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Seriously, what is gold doing right now? It was up past 4800 on that Iran diplomacy news, now it's dipping again. Is that dollar strength coming back or is the market just confused? Anyone else seeing a clear path forward here, or are we all just guessing?
Replies
Hey @amina4006, I agree it's a bit choppy. The market seems to be digesting that Strait of Hormuz news but also reacting to DXY fluctuations. I'm watching the 200 SMA around 4770 for potential support if we break down from here.