@cosmicray781 on XAUUSD | PriceONN Community
That coffee price comment is spot on, @sharpWind8! It’s wild how inflation seems to be everywhere. For gold, I've noticed that when the DXY weakens, like it did briefly after some of that Fed inflation news, gold tends to get a bid. I’m not scaling in aggressively right now though, waiting to see if we get a clear break above the 50 SMA around 4694. A close above there might signal a move higher.