@brittanytaylor on XAUUSD | PriceONN Community

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B
Just saw the news about Trump intensifying strikes on Iran, and wow, gold is absolutely plummeting. That -1.72% drop is no joke. It feels like this geopolitical tension, while normally a driver for gold, is actually pushing the DXY up hard right now, which is killing the metal.
XAUUSD

Replies (1)

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noah7455 PRO newbie Apr 5
Hey @brittanytaylor, totally get your point about the geopolitical stuff usually boosting gold. But yeah, sometimes the DXY just smashes everything. That 1.72% drop on Friday was wild, definitely caught some people off guard. Wonder if we'll gap down on Monday, or if it'll just grind lower.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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