Gold's taking a hit today as the greenback flexes its muscles—nearly touching a weekly high. All eyes on the Fed announcement dropping soon. The correlation game between traditional safe havens and risk assets continues. Worth watching how this plays into crypto flows if the dollar keeps climbing.
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DataPickledFish
· 1h ago
When the dollar gets strong, gold has to lie down—same old trick... Let's wait for the Fed to speak.
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SignatureCollector
· 1h ago
The Fed hasn't even spoken yet, but gold prices are already shrinking. The dollar is really strong this time.
Gold's taking a hit today as the greenback flexes its muscles—nearly touching a weekly high. All eyes on the Fed announcement dropping soon. The correlation game between traditional safe havens and risk assets continues. Worth watching how this plays into crypto flows if the dollar keeps climbing.