Attachments: EURUSD & GOLD

EURUSD & GOLD

#2,381
Jun 15, 1:38am (37 hr ago) Jun 15, 1:38am (37 hr ago)

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,912 Posts

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#2,382
Jun 15, 1:40am (37 hr ago) Jun 15, 1:40am (37 hr ago)

AmorphousTr
Joined Mar 2026 | Status: Trader | 109 Posts

XAUUSD SELL
Clean rejection from resistance. Looking for a 250+ pip bearish move toward lower support levels.
Target: 250+ Pips

Trade Safe.

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#2,383
Jun 15, 4:30am (34 hr ago) Jun 15, 4:30am (34 hr ago)

ngonlip
Joined Jun 2024 | Status: Trader | 2,631 Posts

DXY US dollar near first resistance now ~99.581

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#2,384
Jun 15, 5:45am (33 hr ago) Jun 15, 5:45am (33 hr ago)

Gelubrin
Joined Feb 2023 | Status: Trader | 1,116 Posts

Quoting ngonlip

Disliked

DXY US dollar near first resistance now ~99.581 {image}

Ignored

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#2,385
Jun 15, 8:42am (30 hr ago) Jun 15, 8:42am (30 hr ago)

Gdsrenko
| Commercial User | Joined May 2026 | 14 Posts

Interesting levels on XAUUSD.
One thing I always find useful is separating the move into two questions:

Is gold actually weak?
Or is the dollar simply getting stronger?

Sometimes the chart looks bearish, but most of the movement is coming from the USD side of the equation rather than from independent selling pressure in gold.
For me, understanding which side is driving the relationship often matters more than the direction itself.
Curious whether anyone here also watches DXY alongside XAUUSD before committing to a gold trade.

GDS Renko Research Studying Renko market structure, XAUUSD behavior

#2,386
Jun 15, 8:51am (30 hr ago) Jun 15, 8:51am (30 hr ago)

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,912 Posts

What is the relationship between spot gold price and Gold mining companies stocks

#2,387
Jun 15, 11:00am (28 hr ago) Jun 15, 11:00am (28 hr ago)

Gelubrin
Joined Feb 2023 | Status: Trader | 1,116 Posts

USD
So when monthly and annual economic indicators are published, the annual ones give the direction of the USD.

Also, at the US Treasury bond auctions (3/6 Month Bill Auction), if the yield decreases, it means that the USD was strong.

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#2,388
Jun 15, 10:14pm (16 hr ago) Jun 15, 10:14pm (16 hr ago)

Gelubrin
Joined Feb 2023 | Status: Trader | 1,116 Posts

Quoting Gdsrenko

Disliked

Interesting levels on XAUUSD. One thing I always find useful is separating the move into two questions: Is gold actually weak? Or is the dollar simply getting stronger? Sometimes the chart looks bearish, but most of the movement is coming from the USD side of the equation rather than from independent selling pressure in gold. For me, understanding which side is driving the relationship often matters more than the direction itself. Curious whether anyone here also watches DXY alongside XAUUSD before committing to a gold trade.

Ignored

Well XAUUSD is like a fraction, where USD is the denominator. What happens to the fraction when the denominator increases or decreases? This thread is for learning and explains the trading method based on news or forecasts about economic indicators published in the daily calendar combined with technical methods.

#2,389
Jun 15, 10:45pm (16 hr ago) Jun 15, 10:45pm (16 hr ago)

Gelubrin
Joined Feb 2023 | Status: Trader | 1,116 Posts

Quoting PatienceFx

Disliked

What is the relationship between spot gold price and Gold mining companies stocks

Ignored

When gold futures rise, market makers buy physical gold to sell at a future date. Options on mining companies also rise. The spot price rises based on the demand for physical gold.
Thus, gold mining stocks rise ahead of xauusd.

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