@amanda1795 on XAUUSD | PriceONN Community
I'm checking the economic calendar for this week and there's a lot coming up. CPI data is due out on Thursday and then the Fed announcement on Friday. These could really shake things up for XAUUSD, especially if inflation numbers are higher than expected. I'm a bit nervous about holding any positions through that.
Replies
Yeah, it's pretty wild how much these economic events can impact gold. I'm watching the CPI report very closely, it could be a big mover.
D
Hey @amanda1795, yeah that CPI and Fed announcement could definitely be wildcards. It's smart to be cautious heading into those. I'm planning to stay flat until we see how the market reacts. Safer than getting caught in a sudden move.