đš GOLD BREAKS ABOVE $4,400 AS CPI BOOSTS FED HOLD BETS! đ„
Gold jumped to a 2+ month high, with Spot Gold reaching $4,406.64/oz after US CPI matched expectations.
đ Gold broke above its 100-day MA at $4,387
đ September Fed hike odds fell to ~40%
đ„ Silver hit $65.49
đ„ Trader takeaway: Softer rate-hike expectations + weaker USD are supporting precious metals.
đ Next catalyst: US PPI â watch XAU/USD & XAG/USD for volatility.
Trade Here đ $XAU | $PAXG | $XAUT
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #MUFGToUseBlockchainForJGBSettlement #StreamerClub #Write2Earn
Gold jumped to a 2+ month high, with Spot Gold reaching $4,406.64/oz after US CPI matched expectations.
đ Gold broke above its 100-day MA at $4,387
đ September Fed hike odds fell to ~40%
đ„ Silver hit $65.49
đ„ Trader takeaway: Softer rate-hike expectations + weaker USD are supporting precious metals.
đ Next catalyst: US PPI â watch XAU/USD & XAG/USD for volatility.
Trade Here đ $XAU | $PAXG | $XAUT
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #MUFGToUseBlockchainForJGBSettlement #StreamerClub #Write2Earn
