Fed Chair Powell's speech after the FOMC meeting, held on Wednesday significantly moved the markets during the second half of the previous week. A “higher for longer” wording used by FOMC members was not welcomed by the market. Fed Chair Powell mentioned another rate hike till the end of this year, with an expected rate cut somewhere during the end of the next...
My bullish stance on Gold still remains the same. Yesterday when Gold sell's got closed out, the bullish momentum violated a lot of structures to the upside, indicating a possible change in direction. As long as Gold remains above the last low of $1,901 I am still bullish. However, if Gold breaks back below the low of $1,885 we can go back to looking for our...
Is Gold getting ready to surpass its current high & reach a new one? Very high possibility! Even though a little more downside is expected, this version could also play out very well. I am currently holding short positions, but will open a buy as a hedge. I will keep you updated on this move! We've seen a Wave 1 & Wave 2 completion on the 12HR TF, followed by a...
Japan has no completely lost control of their bond yields. Japan has completely lost control the US Yield Curve Control. The FRED paused (as I expected they had no choice). The FRED realizing they need to initiate YCC / QE / Rate Cuts before end of 2023 or we're going to see an economic meltdown. Option 1, let yields raise > mortgages blow up > bank...
Obviously as money flows into cash it flows out of assets If rates on US bonds rise then the incentive to hold cash increases which dries up liquidity almost everywhere else. We are seeing very bullish signs (current data/can fail and reverse) for both US Dollar and US Yields. Which of course correlates to bearish signs for assets prices (bitcoin/stocks/real...
Whats next for the markets? A complete collapse? A blowoff top? Sideways Chop? Lets discuss some pivotal price action
There are many considerations that can be made about Gold, and today we share some of them. In this geopolitical and economic context, Gold is an important pawn on the chessboard. If we want to understand where the price could go in the coming months, we need to understand why we got this far today (as I write the Spot price is 1925). 💡 What is really supporting...
The US inflation figures were published during the previous week, which showed that it is not going to be an easy task for the Fed to bring it back to its 2% target. At the same time, oil was traded above $90/barrel with some analysts’ prediction that it might easily reach the level of $100 till the end of this year. Taking current circumstances into account, the...
Rules are blurred, game changes. Credit goes to the "Ground" reality. Four wickets in one over, no hattrick, but history is made. 50 looks like double century. Stunning Performance of a century by Siraj, a loss to both who spared time to watch, and those who failed to watch. Clearly, Siraj said "My time and My rules". Japan's increasing worries of Chinese...
During market crashes yields plummet along with equities in flight for safety and also they tend to lead in the decline. But here as we see 10-year yield divergence is suggesting equities can retest ATH once more before the crash. This also aligns with previous market behavior where equities rally on rate pause leading to recession - a "Sucker Rally" essentially.
Yield spreads tighten and also invert leading into a recession and it is only once they start to de-invert that any sizable decline begins once all the durations have been squeezed and there is nowhere else to run/hide for market participants. The 10Y-03M curve is of particular interest compared to 10Y-02Y, which almost always leads to a crash once that cuts above...
Is Gold getting ready to surpass its current high & reach a new one? Very high possibility! Even though a little more downside is expected, this version could also play out very well. I am currently holding short positions, but will open a buy as a hedge. I will keep you updated on this move!
We have 1 final leg down on Gold, before we see the long term bullish momentum return & target new ATH'S. We are currently in Wave C which is the final corrective move to the downside. Hoping to see 1 more retest of $1933 - $1938 zone, before we see the melt begin. Also, we have CPI data this Wednesday, so that could be the fundamental catalyst used to manipulate...
Gold moved lower today, putting us 700 PIPS in profit now!🎉 However, bare in mind this move down happened prior to CPI tomorrow so this could merely be a liquidity grab. We also have internal LQ sitting around $1,933 - $1,938 which we should be careful about. I have moved Gold Fund investors SL to $1946.60 which'll bank us 350 PIPS profit if market was to...
The market uncertainty of the future course of inflation and FED`s next moves continued during the previous week, especially after the news that Saudi Arabia will continue with its decreased supply of oil by 1 million barrels per month until the end of this year. The price of oil surged on this news, putting the markets back on the negative sentiment. However,...
looking bearish trend in daily timeframe bec follow ascending channel and follow abc pattern
Here's a closer look at a highly reliable cyclical bear market indicator. Over the past two decades, it has consistently proven itself as a trusted signal, often aligning with yield curve inversions. In contrast to employing trendlines and breakouts for precision, this chart relies on moving averages. These moving averages function in a similar manner to channels,...
US10Y remains in an established uptrend on the daily chart, and Friday's bullish engulfing candle suggests a swing low has formed and more gains are to follow. But having looked back at price action since the April low, we note that prices are yet to break the low of a bullish engulfing candle if it has formed after a pullback or period of consolidation....