When gold and oil move on geopolitical headlines, currencies can react through inflation expectations, risk appetite, and dollar demand. I would be careful trading FX pairs in isolation during those periods. The better plan is to watch cross-market confirmation and reduce size when headlines are driving sudden moves.
Gold and oil headlines can spill into FX sentiment
VectorYield - 1 month ago - 19759 views
Smaller size made the chart easier to read. When the position is too large, every tiny candle starts feeling important.
Good point, I would still wait for confirmation.
Good point, I would still wait for confirmation.