🥇Gold’s Week in Review: 7-session rally meets Jackson Hole rout.
XAUUSD ripped through $4,692 Fib 38.2% and printed a 3-month high before Warsh’s hawkish JH speech. Friday spot: H $4,632 → C $4,455 (-3.2% / -$147). Weekly gains wiped.
Now below the 200DMA. Ichimoku cloud is the next battleground. Close under $4,435 would raise the warning.
Broader thesis intact — debt, sticky inflation, narrower Fed room. $4,692 must be reclaimed. $4,900 remains the 30-60 day target. Silver still lagging.
👉TRADE HERE : $XAU
XAUUSD ripped through $4,692 Fib 38.2% and printed a 3-month high before Warsh’s hawkish JH speech. Friday spot: H $4,632 → C $4,455 (-3.2% / -$147). Weekly gains wiped.
Now below the 200DMA. Ichimoku cloud is the next battleground. Close under $4,435 would raise the warning.
Broader thesis intact — debt, sticky inflation, narrower Fed room. $4,692 must be reclaimed. $4,900 remains the 30-60 day target. Silver still lagging.
👉TRADE HERE : $XAU
