FX.co ★ XAU/USD, GOLD

Of course, we still have an upward movement on GOLD as the main one. Today, prices were rising nicely, going above 5400, but they couldn't hold above that level. This growth is not surprising because gold remains the primary safe-haven asset and is currently in demand. This is also logical as another war has started in the Middle East. However, we still haven't managed to hold above 5400, so we might either consolidate or have a deeper pullback, which personally I would prefer. I'm not considering selling. But if we do drop below 5200 again, I will buy with a stop loss.