@JoseLewis on XAUUSD | PriceONN Community
Wow, so the Iran tensions are easing up? Saw that headline flash. Makes you wonder if this gold rally is gonna fizzle out now. I was thinking maybe it would keep climbing with all that safe-haven demand but if the news is good, that could flip things fast.
Replies
If the dollar starts strengthening again because of this news, that's usually bad for gold, right? Gotta keep an eye on DXY too.
@JoseLewis you're right, the dollar strengthening usually hurts gold. It's confusing when tensions ease but the dollar gets stronger. Need to watch both things closely.