If you did miss this trade bois follow and check my previous analysis i called this trade b4 even the CPI and PPI comes
Guys if you like my analyse please Boost this post and follow me on tradingview lets Start with the analyse GOld 15/05/24 : Yesterday We had Uncle Jerome talks he mentioned alot of things these are the points he mentioned 🟥 Jerome Powell: It is reasonable that job vacancies will decrease without a significant increase in unemployment. 🟥 Jerome Powell: Our...
🔴 Here are the most notable developments: • Yesterday, Powell stated that his confidence in the decline in inflation had declined, but he indicated that inflation so far remains stable. • Powell also ruled out the Fed raising interest rates and stated that the decision to reduce interest rates or not would be linked to inflation and labor data. • Therefore, the...
Waiting for PPI release , elliot waves on the chart im waiting for Price to Hit 2355-2362 im looking for sells over there , :) Gl bois
According to my analysis and according to what you taught me, Tamas : Scenario 1 : If CPI comes negative on Wednesday, it could lead to deflation concerns, which might prompt the Federal Reserve to consider cutting interest rates to stimulate economic activity and prevent deflationary pressures. A negative CPI could indicate a decrease in the general price...
Awsome who took this trade i shared analysis this morning Like always guys keep up the good work , Be patient to your setups
Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors...
OANDA:XAUUSD 1/ US Fed's Interest Rate Stance: Neal Kashkari's remarks on maintaining a high interest rate amidst rising inflation could bolster the US dollar 2/ Middle East Tensions: Israel's limited operation in Rafah has stalled the upward momentum of gold prices, indicating a temporary halt in geopolitical concerns 3/ Impact of Interest...
Bearish Scenario: Increased Geopolitical Tensions: Escalation of the conflict leads to heightened geopolitical tensions in the Middle East, sparking concerns about regional stability and security. Risk Aversion: Investors flee from riskier assets, including the U.S. dollar, as uncertainty rises. Instead, they seek refuge in safe-haven assets like gold, driving up...