Gold and Silver Repeat June 13 Playbook
Gold and Silver Repeat June 13 Playbook
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Gold and Silver Repeat June 13 Playbook
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Risk-off sentiment hits global equities Nvidia earnings & delayed September NFP = volatility Traders see less than 45% chance of Fed cut in December Bitcoin falls below $90,000 for the first time since April Gold hit by cooling Fed cut bets and stabilizing USD We could be in for a wild week as federal…
The GBP/USD forecast remains bearish below 1.3350 as dismal UK CPI weighs on the pound. Rising unemployment and downward-trending UK CPI cement the odds of a BoE rate cut on Thursday. The weakening dollar keeps pound losses limited, with eyes on the US CPI data ahead. The British pound plummeted against the US Dollar on…
CIBC monthly FX outlook: Why the US dollar selloff is likely over Source link
After three sessions of correction in US equities, the Dow Jones is attempting a comeback. The move comes in the shadow of what had been a heavily risk-on pre-FOMC environment, where expectations for rate cuts kept fueling a wave of optimism across markets. The Nasdaq even strung together 12 consecutive sessions higher, while the Dow…
Introduction Hello Traders, today we are looking at a critical setup on the Gold 30-minute chart. As we approach the next market open, the price action is hovering near recent highs, but a significant imbalance—the Fair Value Gap (FVG)—remains a primary magnet for price. Market Context Gold has recently tested the $4,517$ level, leaving behind…
Article Highlights Momentum Warning at Record Highs: MACD bearish crossover at all-time highs. Price touched $498.83 before pullback. Indicator readings suggest correction risk. Critical Support Zone in Play: $468-$475 confluence of 20 EMA and horizontal support. Break below targets 50 EMA at $458. Bulls must defend or face deeper decline. Tesla (TSLA) is trading around…