@IceStorm69 on XAUUSD | PriceONN Community
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This XAUUSD action reminds me a bit of that period last year when the DXY was all over the place. Remember how gold was just lagging behind, not really reacting to anything? It feels like we're in a similar situation now where there's a lot of geopolitical stuff happening, but the price action is just sluggish. I keep thinking about that $4,900 level mentioned in the news, but we're miles away from it. It's like the market can't decide if it wants to react to the ceasefire news and dip, or if it's going to get spooked by something else entirely. I'm just watching from the sidelines for now, too much chop for me to feel confident about entering anything significant. Need to see some clearer direction before I commit any capital.