Gold can move hundreds of points in a short period of time. But why?
3 major factors drive Gold:
① US Dollar (DXY) A stronger dollar can put pressure on Gold, while a weaker dollar can support it.
② Interest Rates & Fed Decisions Expectations around US interest rates can create strong volatility in XAU/USD.
③ Economic Data & News CPI, NFP, FOMC and other major US data can cause sudden price movements.
⚠️ Remember: High volatility = High opportunity AND high risk. Don't trade Gold just because it's moving. Wait for your setup. Follow your risk management.