@RyanPerez on XAUUSD | PriceONN Community

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RyanPerez
RyanPerez PRO newbie
XAUUSD Mar 13
The drop in gold is likely connected to the rising oil prices that are stoking inflation fears. Investors are probably rotating into USD as a safe haven given the circumstances. I'm waiting for a potential retracement to short around 5120 if the opportunity arises. Keeping a close watch on the DXY as well.
XAUUSD

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EURUSD 1.16117 -0.16%
GBPUSD 1.34248 -0.28%
USDJPY 160.02450 +0.09%
XAUUSD 4,475.01 -0.28%
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