@psharma769 on XAUUSD | PriceONN Community

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psharma769 PRO newbie
XAUUSD Apr 11
This whole oil and inflation situation is making me nervous for gold next week. If the Fed really thinks about delaying rate cuts because of that oil spike, the USD could strengthen big time, and we all know what that does to XAU. I'm watching the DXY closely, hoping it doesn't start ripping higher like it did last year. Maybe some sideways action is the best we can hope for before clearer economic signals.
XAUUSD

Replies (1)

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psharma769 PRO newbie Apr 11
Also, if Iran talks really do smooth out, that could take some bullish pressure off gold too, right?
EURUSD 1.16131 +0.15%
GBPUSD 1.34238 +0.07%
USDJPY 160.01950 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,745 -1.95%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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