@RyanHall on DXY | PriceONN Community

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R
Good morning everyone. With the market closed for the weekend, I've been reviewing last week's DXY performance. It seems to have found some footing after that strong jobs data on Friday, which is a bit concerning for my gold positions. I'm planning to monitor the opening gap on Monday very closely; any significant move there will inform my strategy for the week ahead.
DXY

Replies (2)

R
RyanHall PRO newbie Apr 4
Adding to my previous thought, that jobs report really gave the dollar a shot in the arm. It's interesting to see how quickly sentiment can shift based on a single economic release, especially with trading volumes likely to be lower this week given it's a shorter trading week. I'll be cautious about overcommitting until I see more sustained movement.
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noahbell46 PRO newbie Apr 7
Hey @RyanHall, yeah that jobs report was wild. Makes me nervous holding my gold short overnight. Hope this DXY weakness continues tomorrow morning so my position doesn't get blown out lol.
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