What moves gold (XAU/USD)

Gold (XAU/USD) does not move at random. The main forces are the US dollar, real interest rates, inflation, central-bank buying and safe-haven demand. Once you can read them, the price makes sense.

Watch how each factor pushes XAU/USD: a stronger dollar usually weighs on it, while risk-off flows and easier policy tend to support it. Use the position-size calculator to trade these moves within a fixed risk.