@rkumar692 on XAUUSD | PriceONN Community

Rahul, I'm also watching XAUUSD closely, though I'm not sure about the technicals you mentioned. The news about the oil prices climbing and the potential for higher rates due to inflation fears is definitely making me nervous about gold. It feels like the geopolitical situation, especially with Iran, is adding a lot of uncertainty. I did consider going long earlier, but this news flow is making me hesitant. Is it possible the market is overreacting to the rate cut expectations receding, or is there real substance behind the bearish sentiment? I'm still learning how to interpret all these factors together, especially when news seems to be pushing prices in conflicting directions.