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Gold Trading Strategy For Thursday, July 11

Gold Trading Strategy For Thursday, July 11

Image Source: PixabayToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:42More By This Author:Gold Trading Strategy Today – Wednesday, July 10 […]
Earnings Season Gets Underway: Bank Earnings In Focus

Earnings Season Gets Underway: Bank Earnings In Focus

Image Source: Unsplash For 2024 Q2, S&P 500 earnings are expected to be up +8.0% from the same period last year on +4.6% higher revenues. This will be the highest earnings growth rate since the +9.9% growth rate in the first quarter of 2022. Earnings growth for the Energy sector is on track to turn positive […]
Metal Markets Report For Wednesday, July 10

Metal Markets Report For Wednesday, July 10

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:14More By This Author:Financial Markets Report For Wednesday, July 10Metal Markets Report For Tuesday, July 9SPDR ETF Report For Tuesday, July 9
Gold Price Trades With Positive Bias Around $2,375 Area, Focus Remains Glued To US CPI

Gold Price Trades With Positive Bias Around $2,375 Area, Focus Remains Glued To US CPI

Image Source: Unsplash Gold price ticks higher for the third straight day on Thursday, albeit lacking bullish conviction. Fed rate cut bets keep the USD bulls on the defensive and continue to lend some support. The risk-on mood caps the upside as traders keenly await the release of the US CPI report. Gold price (XAU/USD) attracts […]
Australian Dollar Extends Gains Due To The Hawkish Sentiment Surrounding RBA

Australian Dollar Extends Gains Due To The Hawkish Sentiment Surrounding RBA

Image Source: Unsplash The Australian Dollar gains ground due to the hawkish sentiment surrounding the RBA. Australia’s Consumer Inflation Expectations for July posted a reading of 4.3%, slightly lower than June’s 4.4% reading. The US Dollar declines due to the lower Treasury yields ahead of Consumer Price Index data for June. The Australian Dollar (AUD) holds […]
Markets Race Ahead Before CPI Data Thursday

Markets Race Ahead Before CPI Data Thursday

Image Source: PexelsMarkets raced surprisingly higher today. After a second day of testimony from Fed Chair Jerome Powell on Capitol Hill — the first day of which amounted to a mostly flat trading session — we saw all major indices running hotter. Part of this was likely due to Powell’s clear and concise presentation, and some of it […]
Gold, Silver, And Stocks Hitting All-Time Highs: What’s Next?

Gold, Silver, And Stocks Hitting All-Time Highs: What’s Next?

Image Source: PixabayAs we enter the third quarter of the year, Craig Hemke of Sprott Money and I discuss the outlook for the stock market and precious metals for the coming months.Craig and I discussed the following topics and questions: What I see coming for the S&P 500, Nasdaq, Russell 2000, and the Dow. I am […]
Asia Morning Bites For Thursday, July 11

Asia Morning Bites For Thursday, July 11

Image Source: Unsplash Global Macro and Markets   Global Markets: It was another quiet day for US Treasury markets, with the 2Y and 10Y yields down, but only fractionally. 10Y US Treasury yields are now 4.284%. That lack of action in Treasury markets wasn’t reflected in currencies, and EURUSD made small gains up to 1.0834 and there […]
CPI Alert; These (2) Trades Could Make Our Entire Week

CPI Alert; These (2) Trades Could Make Our Entire Week

Image Source: Pexels CPI tomorrow – let’s do this!  Markets made another big move higher ahead of tomorrow’s CPI Report!Put those 2 clues together – big move today, big news tomorrow – and I have 2 easy trades I’m watching for tomorrow!I always get excited whenever I see a big move the afternoon before a major […]
USD/JPY Weakens Below 162.00 As Traders Await US CPI Data

USD/JPY Weakens Below 162.00 As Traders Await US CPI Data

Image Source: Pixabay USD/JPY edges lower to 161.55 in Thursday’s early Asian session.  Fed’s Powell gave a cautious nod to recent progress on inflation. The growing speculation that BoJ will hike in the July meeting boosts the JPY.  The USD/JPY pair trades on a softer note around 161.55, snapping the three-day winning streak on Thursday during the early […]