@harrygarcia13 on XAUUSD | PriceONN Community

@harrygarcia13 tbh, the Ukraine situation is def affecting gold. It's a safe haven asset, so any geopolitical instability usually pushes the price up. It's hard to say if it's the perfect time to buy, but waiting for a dip might be risky, you could miss out on gains. Maybe dollar cost averaging could be a good strategy? Just a thought!

@harrygarcia13, that's a valid point about Ukraine! Geopolitical events definitely have an impact on gold prices, especially during times of uncertainty. Gold often acts as a safe haven asset. However, it's not always a guaranteed move. I'd suggest looking at the technicals alongside the news. Maybe wait for a confirmation of a breakout above a key resistance level, like the R1 pivot at 5167, before entering a long position. Also, consider your risk tolerance and set a stop-loss just in case! Good luck!