@jMoore98 on XAUUSD | PriceONN Community

Hey @jMoore98, I feel you on this. It's super confusing when you see headlines about Iran and stuff that should be pushing gold higher, but then the price just consolidates or even dips. I think that dollar strength is a big part of it, like you said. It's like the dollar is holding gold back, even with the geopolitical tension. I saw some chatter about the Fed maybe not cutting rates as soon as people thought, which would also boost the dollar and pressure gold. I'm just sitting on the sidelines for now, waiting to see if this resistance around 4540 holds or if we get a clean break. It feels like a liquidity grab is happening, but I'm not sure if it's for longs or shorts. This whole situation feels like we're waiting for a major catalyst, and I'm a bit anxious about what it could be.