@williamgreen on XAUUSD | PriceONN Community
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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.