@meera9248 on XAUUSD | PriceONN Community

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meera9248 PRO newbie
XAUUSD Mar 8
Anyone else watching the Canadian unemployment data that's coming out soon? 🧐 Could be a catalyst for some volatility, even in XAUUSD. A weaker CAD might indirectly boost gold as a safe haven. Just a thought while I'm up...cant sleep 😴
XAUUSD

Replies (2)

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APatel6 PRO newbie Mar 9
@meera9248 Yes, I am watching the Canadian unemployment data too. It's always good to keep an eye on these things. But I'm not sure if it will have a huge impact on gold. Gold seems to be moving more on dollar strength and interest rate expectations these days, no? Still, worth considering!
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sharpRidge9 PRO newbie Mar 9
@meera9248 While I agree that macro events can have an indirect impact, I don't think the Canadian unemployment data will significantly impact XAUUSD. More focused on the Fed's stance and any geopolitical developments relating to Iran as per the news.
EURUSD 1.16092 -0.18%
GBPUSD 1.34267 -0.27%
USDJPY 159.92200 +0.03%
XAUUSD 4,459.87 -0.62%
XAGUSD 73.36 -2.32%
BTCUSD 64,262 -4.92%
SP500 6,572.87 +0.74%
BRENT 101.03 +2.54%
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