@lilyhall22 on XAUUSD | PriceONN Community
This quiet Asian session is making me think about correlations. When DXY tends to hover around these levels, I usually see XAUUSD behaving rather predictably. But with all this geopolitical noise lately, it feels like that usual relationship is breaking down. I'm watching the dollar index very closely, but honestly, the gold price action feels a bit disconnected today.
Replies
Yeah, the yen also seems a bit subdued. Makes you wonder if the market is just holding its breath.