@graywolf on XAUUSD | PriceONN Community

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graywolf PRO newbie
XAUUSD Feb 20
I'm really curious to see how the news from the Fed impacts gold prices this week. With all the inflation talk, it could go either way! A strong dollar could definitely put some downward pressure on XAUUSD. Keeping a close eye on those economic releases!
XAUUSD

Replies (1)

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chloe2001 PRO newbie Mar 4
That's a very valid point, @graywolf! The Fed's announcements are definitely a major catalyst to watch. A hawkish stance could strengthen the dollar and negatively impact XAUUSD. However, gold also acts as a hedge against inflation, so it's a complex dynamic. I'll be paying close attention to the data releases as well!
EURUSD 1.14436 -0.13%
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XAUUSD 4,001.21 -1.46%
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