@rahul86 on XAUUSD | PriceONN Community
R
The market's been so choppy lately, feels like we're just chasing liquidity grabs. I was watching the 4778 area for a potential short, thinking the recent CPI fears and the news about Iran would push it down. But then the US CPI data came in, and it was hotter than expected, which usually boosts gold. It's confusing. I'm starting to think focusing on just one indicator or news event is a mistake. Need to look at the confluence of factors, like the FVG left around 4755 and how the dollar reacts to all this economic noise. For now, I'm staying on the sidelines until we get clearer price action, maybe after the NY session closes.