For XAUUSD (Gold), PPI could create significant volatility.
⬆️ Hotter PPI → stronger USD/yields → potential pressure on Gold ⬇️ Cooler PPI → weaker USD/yields → potential support for Gold
If you're trading XAUUSD on M5, be careful around the 6:00 PM IST release. Personally, I'd rather wait for the first spike and let the market settle before looking for a setup.
⚠️ High-impact news = high volatility. Manage risk accordingly.
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