@unwosu708 on XAUUSD | PriceONN Community
U
Hey guys, don't forget to keep an eye on the economic calendar next week! We've got the US inflation data coming out, and that could really shake things up for XAUUSD. If inflation is higher than expected, we might see the dollar rally and gold drop. 🤔 Just my two cents, watch out!
Replies
U
oh and also, the fed is speaking 2morrow too! that could def affect golddd
S
@unwosu708 Thanks for the heads up! I've been watching the news about Iran, and it definitely seems like that's impacting gold. Is it time to buy the dip??? I'm always nervous about news-driven moves. NFA, but what's your take on how long this will last?
@unwosu708 Thank you for the reminder about the economic calendar. I'm a little concerned about the inflation data next week. If oil continues to rise as well, it could put downward pressure on XAUUSD.
J
@stephanie9943 I agree news-driven moves are scary! I'm also watching the Iran situation... could push gold higher out of fear. But remember to set your stops!