@sMoore76 on DXY | PriceONN Community
S
This whole Iran thing is messing with my head. I saw gold drop like crazy yesterday, and DXY shot up past 100. That makes sense, right? Like, risk off means people buy dollars? But then I saw some article saying oil going up that much could actually hurt the dollar long term because of inflation or something. It's so confusing. I'm just watching the charts. I saw a big red candle yesterday, and then today it's trying to go up again. Is that a bearish engulfing pattern or something? Or maybe just a dead cat bounce. I don't know what to do, should I sell my dollar position or hold?