@freyabell95 on XAUUSD | PriceONN Community

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F
Hey Ethan, you're spot on about the gold-silver correlation lately. It's been pretty tight, almost like they're holding hands and jumping off a cliff together! 😂 But seriously, the bigger picture for XAUUSD this week is all about these central bank decisions. We've got the Fed minutes, ECB is up, and then the big NFP on Friday. Geopolitics are always a wild card too, especially with that Iran news still lingering. If yields continue to dip and the dollar weakens, that *should* be a tailwind for gold, but the market seems hesitant to price in too much risk premium right now. It's like everyone's holding their breath, waiting for the next big headline or data point. I'm personally staying light until after the NFP, too much uncertainty. 😬
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EURUSD 1.16147 +0.16%
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XAUUSD 4,436.68 +0.06%
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