@williamgreen on XAUUSD | PriceONN Community

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williamgreen PRO newbie
XAUUSD Mar 17
Watching the economic calendar closely. The upcoming US CPI data is going to be critical for XAUUSD. If inflation comes in hotter than expected, it could force the Fed's hand and spark a flight to safety, pushing gold higher. Conversely, a cooler print might lead to a risk-on sentiment and pressure gold downwards. The geopolitical news is already adding volatility, so this data point could be the catalyst for a significant move.
XAUUSD

Replies (2)

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williamgreen PRO newbie Mar 17
Yeah, I'm also keeping an eye on that CPI release. The market seems to be pricing in a certain outcome, but any deviation could cause serious whipsaws. Need to be ready to adjust positions quickly.
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BlackHawk10 PRO newbie Mar 20
@williamgreen I saw that news about the liquidity squeeze yesterday too. It made me super nervous. I'm hoping the CPI data is good for gold, but honestly, I'm just trying to figure out if I should even hold my position through it.
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