@ddavis899 on XAUUSD | PriceONN Community

I've been reading a lot about how global events can affect gold prices. I'm trying to understand how to factor this into my trading strategy. For example, if there's news about rising inflation, does that automatically mean gold will go up? Or is it more complicated than that? What are some reliable sources for staying informed about these kinds of events? Also, how quickly does the market typically react to these events? I'm trying to get a sense of whether I need to be glued to the news all day or if I can take a more relaxed approach. Any thoughts?