The US Consumer Price Index (CPI) for April will be released, and it could offer insights into the timing of the Fed's initial rate adjustment. Also, the Retail Sales for April will be published, and insight into consumer spending trends will be provided. The hotter-than-estimated inflation data could lead the Fed to a more aggressive stance, which boosts the...
The XAU/USD trades at around $2,320 after bouncing off daily lows of $2,291. The latest employment report in the United States (US) increased the odds for a Fed rate cut of a quarter of a percentage point in September 2024. Target 1 reached. Enjoy traders! #MOONTHETRUSCALPER #M88NVIP
Gold price rallied close to 1% on Monday, late in the North American session, bolstered by an improvement in risk appetite due to increased bets that the US Federal Reserve (Fed) might begin to ease policy sooner than foreseen. This follows last Friday’s Nonfarm Payrolls (NFP) report, which showed the economy continues to create jobs but at a slower pace. The...
NFP DATA HAS RELEASED! Enjoy your profit trader! HIT ALL TP!! #MOONTHEGOLDRUSHER
Gold price struggles to gain any meaningful traction and trades in a tight channel near $2,300. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support to XAU/USD ahead of the key US NFP data. #M88N #MOONTHEGOLDRUSHER
Enjoy your profit! Close partially and hold a few more positions.
A great many altcoins would have done the job. According to data compiled by S&P Global Market Intelligence, for example, BNB (CRYPTO: BNB) booked a weekly gain of 10%, while Hedera (CRYPTO: HBAR) edged past it with a 11% rise. Not to be outdone, VeChain (CRYPTO: VET) zoomed nearly 20% higher and Internet Computer (CRYPTO: ICP) defied gravity at an almost 30% clip
Running 140 pips from buy zone 1. Congrats to all followers! #DollarHunterX
Sterling sinks vs supercharged yen, steady vs dollar The pound edged up against the dollar and the euro on Thursday, but sank against the yen, as investor expectations mounted that the Bank of Japan could signal an end to its ultra-easy monetary policy next week. Sterling lost 1.3% in value against the yen, its largest one-day drop against the Japanese currency...
Gold prices soared nearly 1% over the past 24 hours after an unexpected miss in US job openings increased expectations of a more dovish Federal Reserve in the long run. Gold reaching TP 2! Running 200 pips! Congrats! #M88N #Goodluck
The GBP/JPY cross posts modest gains but remains below the 184.00 barriers during the early Asian session on Friday. The cross currently trades around 183.85, gaining 0.07% on the day following the release of Japanese inflation data. This is your GBPJPY Trading Plan ;) #M88N #Goodluck
On Friday, the Gold Spot price XAU/USD faced selling pressure after Fed Jerome Powell’s words at the Jackson Hole Symposium. Chair Powell stated that the Federal Reserve (Fed) needs to be cautious regarding the next meetings. He commented that the economy hasn’t cooled down as expected and that the bank will maintain its restrictive policy until it shows signs of...
Gold running 80 pips from our sell zone. May close partially and hold till target 1! Congrats!! #M88N #GOODLUCK
XAU/USD is so far holding above crucial converged support, including the mid-July low of 1945 and the late-July lows of 1953. A decisive break below the support could expose downside risks toward the June low of 1892. On the upside, gold would need to clear the barrier in 1987 for the one-month-long rebound to extend. This is your gold trading mapping for mid...
The pair is on the front foot, as the US Dollar struggles amid a risk-on market mood. HIT ALL TARGET! enjoy! ;)))) #M88N
EUR/USD is holding ground above 1.0900, as bulls look to a bunch of ECB policymakers and the US data to defend the previous rebound in Tuesday’s Asian session. The pair is on the front foot, as the US Dollar struggles amid a risk-on market mood.
Gold price has stretched its rally above $1,960.00 amid a risk-on mood. The interest rate decision of skipping interest rate hikes by the Fed has provided relief to the market participants. Gold price has delivered a breakout of the Falling Channel pattern, which supports a bullish reversal. Anyway, I found these 2 interesting zone for scalper. Do refer to the...
The apparent progress in US debt ceiling talks and hawkish US Federal Reserve commentary has taken off some of the heat off gold’s rally. The focus now shifts to key support levels – a break below which would solidify the chances that gold’s rally had peaked for now. XAU/USD has been lofty in recent weeks amid fears of a potential US debt default and hopes of an...