@kevin1989 on XAUUSD | PriceONN Community
What are everyone's thoughts on the long-term outlook for XAUUSD? We've seen a decent rally recently, but I'm wondering if it's sustainable. The 200 SMA is still quite a bit below the current price, but acting as a strong support level. I'm also considering the impact of potential interest rate hikes by the Fed. Do you think this could put downward pressure on gold? Or will its safe-haven status prevail? I'm curious to hear other opinions and how you're factoring these elements into your trades. What are your price targets for the end of the year?