The Fed is expected to stand pat this week, with markets focused on whether Warsh signals a hawkish stance. Inflation remains elevated, and expectations of a December rate hike have topped 80%. Bullish bets on U.S. Treasuries have recently increased significantly. If policy guidance proves hawkish and rate-hike expectations strengthen, the bond rally could reverse and trigger position unwinds.
A look back at yesterday: Gold edged up to 4070 in the early hours before pulling back to around 4028. At the start of the European session, it surged to around 4060, then came under pressure again and dipped to around 4035. $XAUT Seven out of seven winning trades in live trading yesterday! Ayue first suggested going short in the morning, then entered short positions live at 4061/068/045, banking over $40,000 from those three trades alone! After Duodan exited successfully, Ayue followed the market momentum and went long, entering in batches at 4037/044/038/046 and banking over $20,000 more! All seven trades brought in over $67,000!
Looking at the daily chart, gold has strong technical-recovery potential after its sharp decline, and an initial short-term bottom appears to be taking shape. Fundamentally, the Fed rate decision at 2 a.m. is the key variable. Markets largely expect rates to remain unchanged, and once the uncertainty is out of the way, that could easily trigger a bullish rebound. If the subsequent statement signals a more dovish stance, gold may find support at key levels and begin a corrective rebound. The suggested trading approach is to look for long entries on pullbacks, with stop-losses set strictly. Pay close attention to how the market actually responds after the meeting before making further decisions.
$XAU Gold pullback: look to go long around 4020–4000, with a target above 4070.
#股票财报季
A look back at yesterday: Gold edged up to 4070 in the early hours before pulling back to around 4028. At the start of the European session, it surged to around 4060, then came under pressure again and dipped to around 4035. $XAUT Seven out of seven winning trades in live trading yesterday! Ayue first suggested going short in the morning, then entered short positions live at 4061/068/045, banking over $40,000 from those three trades alone! After Duodan exited successfully, Ayue followed the market momentum and went long, entering in batches at 4037/044/038/046 and banking over $20,000 more! All seven trades brought in over $67,000!
Looking at the daily chart, gold has strong technical-recovery potential after its sharp decline, and an initial short-term bottom appears to be taking shape. Fundamentally, the Fed rate decision at 2 a.m. is the key variable. Markets largely expect rates to remain unchanged, and once the uncertainty is out of the way, that could easily trigger a bullish rebound. If the subsequent statement signals a more dovish stance, gold may find support at key levels and begin a corrective rebound. The suggested trading approach is to look for long entries on pullbacks, with stop-losses set strictly. Pay close attention to how the market actually responds after the meeting before making further decisions.
$XAU Gold pullback: look to go long around 4020–4000, with a target above 4070.
#股票财报季
