@kevinmartin15 on XAUUSD | PriceONN Community
K
Anyone else think gold is just following the dollar's lead right now? Seems like every time the dollar sneezes, gold catches a cold, or vice versa. I'm trying to figure out if it's worth factoring in DXY analysis into my XAUUSD trades. I usually focus on pure technicals, but the correlation seems pretty strong lately. Maybe I should start paying more attention to news events and the dollar index. What are your thoughts on the dollar's influence? Is it significant enough to change your trading strategy?