PPI and retail sales both came in hotter than expected, adding to the inflation concerns raised by yesterdayâs CPI. PPI rose 1.3% m/m and 6.3% y/y; retail sales increased 0.8% m/m.
đ°DXY is testing 102.25â102.27, near its 20-day EMA. Gold remains below $4,145â$4,150, while BTC is still under $81,000 with a weak RSI.
Iâm staying cautious until price settles after the data.
Cash is a position. NFA.
TRADE $XAU HEREđ
đ°DXY is testing 102.25â102.27, near its 20-day EMA. Gold remains below $4,145â$4,150, while BTC is still under $81,000 with a weak RSI.
Iâm staying cautious until price settles after the data.
Cash is a position. NFA.
TRADE $XAU HEREđ