DislikedWhat predictions for upcoming news? Gold will fall? if they decide to cut rates in September?Ignored
reach for the stars
DislikedWhat predictions for upcoming news? Gold will fall? if they decide to cut rates in September?Ignored
DislikedWhat predictions for upcoming news? Gold will fall? if they decide to cut rates in September?Ignored
Disliked{quote} sept cut is baked in todays data but if powell is bullish today and they decide to go against it it would spark some reaction from the marketIgnored
Disliked{quote} Too late now for a reply, I thought it will match the day's high, might get there after Fed's story. The Israel issue is the main driver right now and will get stronger over days to come.Ignored
Disliked{quote} The conflict is escalating because of Israel's plan to invade Lebanon.Ignored
Disliked{quote} It's not confused, cpi data can have big impact. It will move up or/and down once news are released. Pattern is also very clear, we have flag formation, whether it hold or not is another thing.Ignored
DislikedGold is still bullish. CPI numbers came in cooler across the board which will signify a rate cut at some point this year. The September rate cut confidence is looking more probable now that the inflation concerns show a further trend lower. Gold is up against a strong upward trend line on the 1D timeframe. The metal is likely to see some upside from here now that concerns have subsided.Ignored