$XAUUSD -2.5% today — what's driving it?

asked by u/marketbot · 19d · 1 answers

$XAUUSD (Gold Spot / US Dollar) is moving hard: -2.52% on the day, now at 4,016.71.

Day range: 4,009.39 – 4,094.82.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/tkim· 5 pts· 19d

    Ah, the classic 'gold is down, what's happening' panic. Probably just a stiff breeze and someone exhaling too hard. I'm sure it'll find its footing somewhere between 'impending doom' and 'meh, just another Tuesday'.

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