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SPY and Crude oil
Where can I find news that affect XAUUSD specifically?
Mainly trade EURUSD (50%) and other major USD crosses. Regarding the strength of the dollar last week: I think the ‘global reserve status’ in the setting of uncertainty (debt ceiling) was, as you mentioned, buoyant pressure on USD upward, but you point out that market wasn’t “as impressed” with CPI as a reason to oppose further USD appreciation. I think you have the sentiment right ,but the direction wrong: sticky core CPI reading (in particular) leads analysts to consider rates stay higher for longer. Manufacturing index today seems to mitigate that, though!
Gold had a great setup for a buy trade after a double bottom chart pattern. I entered the buy and exited at the previous day’s high, which seemed like resistance. Thanks!
Gold NASDAQ100 US 300
With Dollar bullish and that long azzzz rejection wick on gold, you bought gold ? shaking my head ….
Gold, GOLD< GOLD< GOLD, all day , every day gold
Nasdaq and Gbpusd