🚨 ANALYSIS: Gold holds strong ahead of US CPI! 🧵
Safe-haven demand remains firm amid geopolitical uncertainty as Trump continues to drive volatility with his tariff threats. After Friday’s NFP, gold failed to break ATHs, consolidating at $2850-$2880.
Market participants are waiting on Wednesday’s CPI for the next move. Key buy zones: $2850, $2830s, $2810. A break above $2880 could push gold toward $2900.
🚀 MRKT V2 is HERE! A sleek, redesigned interface packed with powerful new features for equities traders. @MRKT_AI
> A brand-new Equities Dashboard
> AI-driven Market Sentiment Indicators
> Detailed Price Targets for stocks
> Comprehensive Company Financials
🎉 Explore MRKT's new Research Hub feature! 📊
• Write and publish professional-grade market research
• Instantly embed economic data visualizations
• Add real-time news snippets for context
• Integrate @tradingview charts within your research
Example research: https://t.co/SxOPrkC2fP
Elevate your market research game: https://t.co/mdn3H9f0NB
$XAUUSD $FX $USD $JPY $FX $SPX #FED #buildinpublic
Users: Can we get a more prioritized UI view with the key features?
Me: develops and deploys the new prioritized UI the same day.
Stay focused with @MRKT_AI 🔒
Just soft launched @MRKT_AI 🚀
Beta access emails have been sent to selected @Capital_Hungry members!
With just a weeks until hard launch, these members will shape MRKT's future with feedback on what works, what needs improvement, and what traders need. Together, we'll build the ultimate trading platform! 💡📈
Absolute banger of a trading session hosted by @Mujaah1d and myself for CH private group. It’s 3:30am but we stay working.
We waited for BOJ Gov Ueda’s press conference, observed his DOVISH TONE, remaining status quo from policy release, and called out buys on XXXJPY pairs.
Gave a breakdown ahead of time of the potential tone and respective comments Ueda could mention.
Waited for comments, understood that Ueda brought out DOVISH TONE and adapted to XXXJPY buys as per plan.
Quick market analysis on $GOLD for this coming week.
As gold continues to hold its bid due to lingering geopolitical tensions and mass buying from central banks, I’ll continue to ride its momentum and look for potential intraday buys.
$XAUUSD
ANOTHER DAY, ANOTHER DOLLAR.
Today in @Capital_Hungry Asian Market Scalping Session. I called out $GOLD sells from 2372.00 as that was the price point where the markets sold off right before daily close.
Ws IN THE CHAT! 💰💰
WE STAY EATING IN @Capital_Hungry.
Called out Gold buys during tonight’s Asian market live trading session. Gold buys played out for 100+ pips.
Check before & after videos 😉
GOLD Analysis & Breakdown: November 8th
Discussed the following:
- Recent macro drivers for GOLD
- Key price points I will be watching
- Overall market sentiment breakdown
- Long term trade ideas
Bailey has also mentioned the following regarding their outlook on the inflation problem.
[Oct 20 2023, 01:53:31 EST]: BOE'S BAILEY - CORE INFLATION FELL SLIGHTLY FROM WHAT WE EXPECTED, "QUITE ENCOURAGING"
[Oct 20 2023, 01:54:31 EST]: BOE'S BAILEY - AFTER LIKELY "NOTICEABLE DROP" IN INFLATION NEXT MONTH, FURTHER FALLS LIKELY TO COME "INCREMENTALLY"
There is a high probability of Bank of England holding rates steady at 5.25% (93%+ probability). That is what the markets are expecting.
Yes there is also probability of a surprise hike but it is quite low. Just like the US economy, the UK economy still has yet to feel the impacts of the previous hikes.
If US GDP comes in HOT tomorrow (as market expectations) and $DXY (dollar) pushes up with extreme volatility, this increases the possibility of a Yentervention.
Not saying that it is certain, but probabilities increase as dollar pushes with extreme volatility and UJ reaches higher price points.