James_Sf
voted
What I am looking out for in Jul and Q3 that may potentially move the market.
1. Non farm payrolls 5/7 - Looking if the labour market in the US continues to show weakness. if so that will help in planning of my trades set up for the month and T3. If not woll have to stay nimble and adjust accordingly.
2. CPI datas on 11/7 - Will see how the numbers are playing out and if we are seeing continuation of slowing inflation numbers. This helps to further determine the sta...
1. Non farm payrolls 5/7 - Looking if the labour market in the US continues to show weakness. if so that will help in planning of my trades set up for the month and T3. If not woll have to stay nimble and adjust accordingly.
2. CPI datas on 11/7 - Will see how the numbers are playing out and if we are seeing continuation of slowing inflation numbers. This helps to further determine the sta...
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James_Sf
voted
Higher Treasury yields are making gold less competitive, given that the asset doesn't offer its holders any income. $Gold Futures(AUG4)(GCmain.US$ also fell as stronger economic datacurbed demand for haven.
How are you expressing your outlook on gold in the investing world? Share your thoughts below
How are you expressing your outlook on gold in the investing world? Share your thoughts below
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James_Sf
liked and commented on
$XAU/USD(XAUUSD.CFD$
Patience pays off ! 😭 I've been waiting for gold to hit 2339 for a while now and it finally did ! Just check my post from two days ago . 🥹
$Gold Futures(AUG4)(GCmain.US$
Patience pays off ! 😭 I've been waiting for gold to hit 2339 for a while now and it finally did ! Just check my post from two days ago . 🥹
$Gold Futures(AUG4)(GCmain.US$
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James_Sf
liked
$XAU/USD(XAUUSD.CFD$
US Consumer Price Index (CPI): This report tells us how much inflation is happening in the US economy .
Federal Reserve Interest Rate Decision: Everyone waiting to see if the Fed will keep interest rates the same or change them .
What's the buzz ? Although most people think the Fed will hold rates steady , the inflation data and Fed Chair Jerome Powell's press conference will give us some hints abou...
US Consumer Price Index (CPI): This report tells us how much inflation is happening in the US economy .
Federal Reserve Interest Rate Decision: Everyone waiting to see if the Fed will keep interest rates the same or change them .
What's the buzz ? Although most people think the Fed will hold rates steady , the inflation data and Fed Chair Jerome Powell's press conference will give us some hints abou...
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James_Sf
liked and commented on
$XAU/USD(XAUUSD.CFD$
Gold prices didnt have a good time this week , closing way down at 2286 on Friday . Blame it on that US jobs report it turns out the economy might be stronger than some thought . 🫨
That means the Fed holding off on those interest rate cuts , which isnt exactly what gold likes to hear (Lower rates tend to make gold shine brighter) . 🤙🏻
Support Levels Broken .
Looking at the daily chart , things are a bit grim . Gold actually broke through tha...
Gold prices didnt have a good time this week , closing way down at 2286 on Friday . Blame it on that US jobs report it turns out the economy might be stronger than some thought . 🫨
That means the Fed holding off on those interest rate cuts , which isnt exactly what gold likes to hear (Lower rates tend to make gold shine brighter) . 🤙🏻
Support Levels Broken .
Looking at the daily chart , things are a bit grim . Gold actually broke through tha...
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James_Sf
voted
Morning mooers! It is Thursday, June 6th, the market is pulling back a bit from all time highs hit three minutes before the market closed yesterday. $NVIDIA (NVDA.US)$ hit its own all time highs Wednsday, climbing above $3T in market cap and to the second position for most valuable companies, but pulled back Thursday before the stock is due to split 10-1 Friday June 7th.
My name is Kevin Travers. I am home sick today, but h...
My name is Kevin Travers. I am home sick today, but h...
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James_Sf
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$XAU/USD(XAUUSD.CFD$
Yesss ! Gold hit my take profit of 2357 , just like I said !
Feeling pretty good about that trade . Here hoping it makes another run for my next target of 2369 !
I haven't been able to do my usual in depth analysis today because things have been crazy busy .🥲
$Gold Futures(AUG4)(GCmain.US$
Yesss ! Gold hit my take profit of 2357 , just like I said !
Feeling pretty good about that trade . Here hoping it makes another run for my next target of 2369 !
I haven't been able to do my usual in depth analysis today because things have been crazy busy .🥲
$Gold Futures(AUG4)(GCmain.US$
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James_Sf
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$XAU/USD(XAUUSD.CFD$
Hi everyone , sorry for no updated today . 💀
But no worries , big things are coming tomorrow . Its US non-farm payroll day and everyones waiting with bated breath .😌
A Payroll Surprise Could Shake Things Up
If the data comes in weaker than expected , it could throw a wrench in the Fed hawkish plans (meaning they might not be as aggressive with raising interest rates) .
And that my friends , could be good news for gold prices potentially sending them up .
Technical Talk: Bi...
Hi everyone , sorry for no updated today . 💀
But no worries , big things are coming tomorrow . Its US non-farm payroll day and everyones waiting with bated breath .😌
A Payroll Surprise Could Shake Things Up
If the data comes in weaker than expected , it could throw a wrench in the Fed hawkish plans (meaning they might not be as aggressive with raising interest rates) .
And that my friends , could be good news for gold prices potentially sending them up .
Technical Talk: Bi...
17
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James_Sf
liked and commented on
$XAU/USD(XAUUSD.CFD$
High five to everyone who followed the analysis !
Gold Shot up all the way to target 2354 , hitting my take profit target .
$Gold Futures(AUG4)(GCmain.US$
High five to everyone who followed the analysis !
Gold Shot up all the way to target 2354 , hitting my take profit target .
$Gold Futures(AUG4)(GCmain.US$
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