@leomorris89 on XAUUSD | PriceONN Community

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leomorris89
Dollar surge is really putting pressure on gold right now. Saw that plunge yesterday after the DXY started moving. London session needs to show some strength otherwise we're heading lower.
XAUUSD

Replies (1)

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oakinola739 PRO newbie Mar 30
Yeah @leomorris89, the DXY is the main player right now. It's pushing gold around like crazy. I saw that yesterday’s drop too. But honestly, this whole Iran thing is creating so much noise, it's hard to tell what's real. I'm not convinced this dollar strength will last though. If it starts to weaken, gold could pop hard. I've got a small long on, but I'm not betting the farm on it. Might just close it before bed and see what happens. This volatility is getting to me.
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