@hiker780 on XAUUSD | PriceONN Community
Does anyone else find XAUUSD is behaving similarly to crude oil lately? With all this geopolitical tension, it's like they're moving in tandem. I've noticed that spikes in oil prices often precede similar moves in gold, especially with the inflation concerns being fueled by these events. I'm wondering if it's wise to monitor both markets closely for potential leading indicators. It's almost as if gold is reacting to oil's volatility as a proxy for broader economic uncertainty. Perhaps a diversified commodity approach is prudent in this environment. Any thoughts on this correlation?