Expecting a little bit pullback … that’s why taking some profits
Price Action Trading ⚡️
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𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️ (English)
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Price Action Trading ⚡️
22 Jan, 13:38
Booking 10% more profit from my Gold buy trade here at 2752 ( holding from 2660 , Total 950 pips :92$ Move so far, Holding 80%) , not closing any profit from silver , Silver still looking very bullish to me so I don’t want to book any profit right now … Let it run…🚀
Price Action Trading ⚡️
21 Jan, 12:59
Facing issue with telegram, multiple crash on telegram server from last month… Make sure to follow the backup discord account , Link to discord
Price Action Trading ⚡️
21 Jan, 11:19
BTC failed again to sustain above the recent swing top....Expecting BTC to trade in range / decline(Not under 82K) for 3-4 Weeks maybe ...
Price Action Trading ⚡️
21 Jan, 03:52
Gold Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
Price Action Trading ⚡️
20 Jan, 03:29
Quick Update for this week:
I am still holding my buy trade on Gold and Silver , yes price facing resistance at 2720 for gold and we can see some correction (maybe near to 2675-85 area, but not expecting a complete reversal / decline ) and timing wise we can expect this correction to last for 7-10 days … I will keep holding both Gold Silver.
And
Thought for this week is that…
"Don't expect miracles from a new president; history shows that global issues persist, and gold prices? Gold not just going to drop because of who's in the White House."
If you know what I mean😉
Will post the detailed chart in evening
I am still holding my buy trade on Gold and Silver , yes price facing resistance at 2720 for gold and we can see some correction (maybe near to 2675-85 area, but not expecting a complete reversal / decline ) and timing wise we can expect this correction to last for 7-10 days … I will keep holding both Gold Silver.
And
Thought for this week is that…
"Don't expect miracles from a new president; history shows that global issues persist, and gold prices? Gold not just going to drop because of who's in the White House."
If you know what I mean😉
Will post the detailed chart in evening
Price Action Trading ⚡️
19 Jan, 16:18
Key Events This Week:
1. MLK Day, US Markets Closed - Monday
2. Inauguration of President Trump - Monday
3. Initial Jobless Claims data - Thursday
4. S&P Global Manufacturing/Services PMI data - Friday
5. December Existing Home Sales data - Friday
1. MLK Day, US Markets Closed - Monday
2. Inauguration of President Trump - Monday
3. Initial Jobless Claims data - Thursday
4. S&P Global Manufacturing/Services PMI data - Friday
5. December Existing Home Sales data - Friday
Price Action Trading ⚡️
18 Jan, 06:10
Hi everyone! I’m traveling this weekend and won’t be able to upload the video. I’ll be back on Tuesday and will update the analysis on Monday evening or on Tuesday morning.
Price Action Trading ⚡️
17 Jan, 06:01
No change to my Entries, still holding buy on both Gold and Silver , yes no doubt gold facing resistance 2720 but there is no big rejection
Price Action Trading ⚡️
16 Jan, 15:20
RATE FUTURES TRADERS MOVE TO PRICE IN NEAR-EVEN ODDS OF FED RATE CUT IN MAY, FROM EARLIER JUNE VIEW, AFTER FED'S WALLER'S COMMENTS
Price Action Trading ⚡️
16 Jan, 15:11
WALLER: THREE OR FOUR CUTS COULD BE POSSIBLE THIS YEAR IF THE DATA COOPERATES
Price Action Trading ⚡️
16 Jan, 13:46
Booking 10% profit from my Gold buy trade here at 2715( holding from 2660 , Total 550 pips :55$ Move so far, Holding 90%) , not closing any profit from silver , Silver still looking very bullish to me so I don’t want to book any profit right now … Let it run…🚀
Price Action Trading ⚡️
16 Jan, 01:51
Both buy trades shared on Monday and Tuesday and both running with very good profit , All updates for TP, SL , exact timing already shared with Golden Circle members
Price Action Trading ⚡️
16 Jan, 01:44
For gold the final resistance is 2720, closing above 2720 will be very bullish, I will add more buy entries above 2720 on confirmation
Price Action Trading ⚡️
11 Jan, 14:04
Price Action , Volume, OI Analysis https://youtu.be/_rRk6yrGROw
Price Action Trading ⚡️
11 Jan, 04:22
Last week, gold had a pretty wild ride. It hit a solid support around 2,600 and then, after the NFP data came out, it almost touched 2,700. Gold was definitely showing its strength....No doubt in that...
Now, when it comes to gold miners, things weren't quite as straightforward. , while gold was climbing, the stocks of gold miners, like those in the GDX and GDXJ ETFs, didn't follow suit in the same way. They had a bit of a rally with bonds, but they didn't capture the same energy as gold itself. despite gold having its highest weekly close in two months, the miners lost nearly half their gains by the end of Friday.
It seems like there's a bit of a disconnect. Investors might be holding back on mining stocks, possibly worried about rising costs or other risks in the mining world, even with gold doing well.
So, while gold was all about bullish signals and strong support levels, gold miners were kind of lagging behind. This might be something to keep an eye on, as it could mean the market's still catching up or there are some reservations specifically about the mining sector.
Now, when it comes to gold miners, things weren't quite as straightforward. , while gold was climbing, the stocks of gold miners, like those in the GDX and GDXJ ETFs, didn't follow suit in the same way. They had a bit of a rally with bonds, but they didn't capture the same energy as gold itself. despite gold having its highest weekly close in two months, the miners lost nearly half their gains by the end of Friday.
It seems like there's a bit of a disconnect. Investors might be holding back on mining stocks, possibly worried about rising costs or other risks in the mining world, even with gold doing well.
So, while gold was all about bullish signals and strong support levels, gold miners were kind of lagging behind. This might be something to keep an eye on, as it could mean the market's still catching up or there are some reservations specifically about the mining sector.
Price Action Trading ⚡️
10 Jan, 16:59
BREAKING: Goldman Sachs and JP Morgan revise Fed outlook to show no Fed rate cuts until at least June 2025
Price Action Trading ⚡️
10 Jan, 13:38
TRADERS SHIFT FULL PRICING OF NEXT FED RATE CUT TO OCTOBER
Price Action Trading ⚡️
10 Jan, 12:43
Rising Wedge Formation on H1 before NFP, wait for breakout or breakdown oh H1
Price Action Trading ⚡️
10 Jan, 12:32
Our Today's analysis is selected for Editor's Picks⚡️
Chart Link
Chart Link
Price Action Trading ⚡️
10 Jan, 03:09
Current PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
Price Action Trading ⚡️
09 Jan, 14:37
Gold trying again to claim the resistance area but US market are closed today, Low volatility is possible.
Price Action Trading ⚡️
09 Jan, 03:54
the price has been ranging between roughly 2,600 and 2670, showing a classic consolidation pattern.
The most interesting part is how the price keeps testing the upper resistance around 2,670 but hasn't been able to make a decisive break above it. We've seen multiple attempts, especially in the recent few days, but each time it pulls back. Similarly, there's decent support around 2,630 that's been holding up quite well.
One thing that catches my eye is the decreasing volatility - notice how the price swings have become somewhat tighter recently? This often happens before a significant move, kind of like a spring coiling up.
In situations like this, it's usually smart to wait for a clear breakout from either side of the range before making any major moves.
The most interesting part is how the price keeps testing the upper resistance around 2,670 but hasn't been able to make a decisive break above it. We've seen multiple attempts, especially in the recent few days, but each time it pulls back. Similarly, there's decent support around 2,630 that's been holding up quite well.
One thing that catches my eye is the decreasing volatility - notice how the price swings have become somewhat tighter recently? This often happens before a significant move, kind of like a spring coiling up.
In situations like this, it's usually smart to wait for a clear breakout from either side of the range before making any major moves.
Price Action Trading ⚡️
09 Jan, 02:20
FOMC MINUTES SUMMARY – DEC 2024 MEETING: OFFICIALS EXPECTED TO SLOW PACE OF RATE CUTS
RATE POLICY:
— A 25bps rate cut was broadly supported, with the majority favoring a cautious approach to further easing.
— Many participants suggested that a variety of factors underlined the need for a careful approach to monetary policy decisions over coming
quarters
— Some participants noted it might be prudent to pause rate cuts if inflation readings remain above target or economic momentum persists.
— A few officials highlighted potential scenarios to accelerate cuts if inflation trends lower or labor market softens more than expected.
— Many emphasized the importance of carefully assessing the neutral rate and moving gradually to avoid policy missteps.
RISK OUTLOOK:
— Inflation risks remain balanced, though higher-than-expected recent readings warrant close monitoring.
— Labor market risks were deemed manageable, with no rapid deterioration expected.
ECONOMIC CONTEXT:
— Inflation progress has slowed but remains on a downward path; core PCE inflation was noted at 2.8% in October.
— Labor market conditions have eased slightly, but unemployment remains low at 4.2%.
— Participants expect solid GDP growth to continue, though some noted financial strains for lower-income households.
BALANCE SHEET AND TECHNICAL ADJUSTMENTS:
— Continued reduction in Treasury and mortgage-backed securities reaffirmed, with caps set at $25B and $35B per month, respectively.
— Discussed adjusting the overnight reverse repo (ON RRP) rate to align with the bottom of the federal funds rate range.
ADDITIONAL NOTES:
— Fed emphasizes data-dependent decision-making, balancing risks to inflation and employment.
— Gradual easing remains the likely path, with flexibility to adapt if economic or inflation conditions shift.
RATE POLICY:
— A 25bps rate cut was broadly supported, with the majority favoring a cautious approach to further easing.
— Many participants suggested that a variety of factors underlined the need for a careful approach to monetary policy decisions over coming
quarters
— Some participants noted it might be prudent to pause rate cuts if inflation readings remain above target or economic momentum persists.
— A few officials highlighted potential scenarios to accelerate cuts if inflation trends lower or labor market softens more than expected.
— Many emphasized the importance of carefully assessing the neutral rate and moving gradually to avoid policy missteps.
RISK OUTLOOK:
— Inflation risks remain balanced, though higher-than-expected recent readings warrant close monitoring.
— Labor market risks were deemed manageable, with no rapid deterioration expected.
ECONOMIC CONTEXT:
— Inflation progress has slowed but remains on a downward path; core PCE inflation was noted at 2.8% in October.
— Labor market conditions have eased slightly, but unemployment remains low at 4.2%.
— Participants expect solid GDP growth to continue, though some noted financial strains for lower-income households.
BALANCE SHEET AND TECHNICAL ADJUSTMENTS:
— Continued reduction in Treasury and mortgage-backed securities reaffirmed, with caps set at $25B and $35B per month, respectively.
— Discussed adjusting the overnight reverse repo (ON RRP) rate to align with the bottom of the federal funds rate range.
ADDITIONAL NOTES:
— Fed emphasizes data-dependent decision-making, balancing risks to inflation and employment.
— Gradual easing remains the likely path, with flexibility to adapt if economic or inflation conditions shift.
Price Action Trading ⚡️
08 Jan, 08:33
Trump's Rate Talk vs. Today's FOMC: What's Next for Gold?
Yesterday, Donald Trump criticized the current high levels of interest rates, suggesting they are "far too high" and expressing concern over continuing inflation. This stance has been interpreted by some as a push for lower interest rates to stimulate economic growth or manage inflation.
Impact on FOMC Minutes and Policy:
FOMC Minutes: The minutes from the December meeting, to be released today, will be scrutinized for any signals on how the Fed might react to political pressures or economic policy comments from the newly elected administration. Given Trump's history of advocating for lower rates during his previous term, there's speculation on whether the Fed might feel compelled to adjust its rhetoric or policy direction, although the Federal Reserve traditionally aims to maintain independence from political influence.
Potential Outcomes:
If the minutes reflect a cautious or even slightly dovish stance, perhaps in response to both economic data and political commentary, this could align with Trump's views, potentially leading to a more favorable environment for gold in the short term as lower rates typically reduce the opportunity cost of holding non-yielding assets.
Conversely, if the Fed emphasizes a hawkish stance to combat inflation, disregarding political comments, this might lead to a stronger US Dollar and could suppress gold prices initially. However, if markets perceive this as a temporary stance with potential for reversal under political pressure, gold might still find support.
Impact on Gold:
Short Term:
With Trump's Influence: His comments might push market expectations towards lower rates, which could support gold prices by reducing the yield on alternative investments like bonds. However, the Fed's actual policy direction as detailed in the minutes will be crucial. If the minutes suggest a continuation of rate cuts or a dovish outlook, gold could benefit.
Without Direct Influence: If the Fed maintains a hawkish or neutral stance, gold might face downward pressure due to a stronger dollar or higher yield environment.
Mid Term:
Inflation Hedge: Trump's policies, which historically have included tax cuts and increased spending, could lead to higher inflation expectations. If these policies are anticipated to continue, gold might gain as an inflation hedge, especially if the Fed responds with accommodative monetary policy.
Geopolitical and Economic Uncertainty: Trump's administration could introduce new trade policies or other economic measures that lead to increased uncertainty, which traditionally boosts gold as a safe-haven asset. If the FOMC minutes suggest an economy reacting to such policies with volatile growth or inflation, gold could see a sustained upward trend.
Yesterday, Donald Trump criticized the current high levels of interest rates, suggesting they are "far too high" and expressing concern over continuing inflation. This stance has been interpreted by some as a push for lower interest rates to stimulate economic growth or manage inflation.
Impact on FOMC Minutes and Policy:
FOMC Minutes: The minutes from the December meeting, to be released today, will be scrutinized for any signals on how the Fed might react to political pressures or economic policy comments from the newly elected administration. Given Trump's history of advocating for lower rates during his previous term, there's speculation on whether the Fed might feel compelled to adjust its rhetoric or policy direction, although the Federal Reserve traditionally aims to maintain independence from political influence.
Potential Outcomes:
If the minutes reflect a cautious or even slightly dovish stance, perhaps in response to both economic data and political commentary, this could align with Trump's views, potentially leading to a more favorable environment for gold in the short term as lower rates typically reduce the opportunity cost of holding non-yielding assets.
Conversely, if the Fed emphasizes a hawkish stance to combat inflation, disregarding political comments, this might lead to a stronger US Dollar and could suppress gold prices initially. However, if markets perceive this as a temporary stance with potential for reversal under political pressure, gold might still find support.
Impact on Gold:
Short Term:
With Trump's Influence: His comments might push market expectations towards lower rates, which could support gold prices by reducing the yield on alternative investments like bonds. However, the Fed's actual policy direction as detailed in the minutes will be crucial. If the minutes suggest a continuation of rate cuts or a dovish outlook, gold could benefit.
Without Direct Influence: If the Fed maintains a hawkish or neutral stance, gold might face downward pressure due to a stronger dollar or higher yield environment.
Mid Term:
Inflation Hedge: Trump's policies, which historically have included tax cuts and increased spending, could lead to higher inflation expectations. If these policies are anticipated to continue, gold might gain as an inflation hedge, especially if the Fed responds with accommodative monetary policy.
Geopolitical and Economic Uncertainty: Trump's administration could introduce new trade policies or other economic measures that lead to increased uncertainty, which traditionally boosts gold as a safe-haven asset. If the FOMC minutes suggest an economy reacting to such policies with volatile growth or inflation, gold could see a sustained upward trend.
Price Action Trading ⚡️
08 Jan, 03:18
The price is trading within converging trendlines, forming a symmetrical triangle.
This indicates a phase of consolidation and decreasing volatility, suggesting a potential breakout soon.
The current price is near the midpoint of the triangle and seems like forming double top on H4, with potential to retest support.
Momentum seems neutral, awaiting a trigger for a directional move.
Liquidity will likely be taken from one side (most probably from the support trendline) before the real move occurs till then we can consider the sideways market and we can plan our trade accordingly for Intra day.
This indicates a phase of consolidation and decreasing volatility, suggesting a potential breakout soon.
The current price is near the midpoint of the triangle and seems like forming double top on H4, with potential to retest support.
Momentum seems neutral, awaiting a trigger for a directional move.
Liquidity will likely be taken from one side (most probably from the support trendline) before the real move occurs till then we can consider the sideways market and we can plan our trade accordingly for Intra day.
Price Action Trading ⚡️
07 Jan, 15:00
U.S. JOLTS JOB OPENINGS 8.098 MLN IN NOV (CONSENSUS 7.700 MLN) (OCT 7.839 MLN) - LABOR DEPT
Price Action Trading ⚡️
07 Jan, 14:00
but this does not mean that I want to short gold, I am still waiting for a good buy area, if gold deliver this kind of move then that will be a good setup for swing buy
Price Action Trading ⚡️
07 Jan, 04:50
Yesterday, Donald Trump criticized The Washington Post for a story about his tariff policies. He claimed that the article, which cited anonymous sources, was incorrect in stating that his tariff policies would be scaled back. Trump labeled the story as "Fake News," asserting that the anonymous sources "don't exist" and that the Washington Post was aware of the falsehoods in the report. He emphasized that there would be no changes to his tariff stance.
In his speech yesterday, Donald Trump discussed his plans for imposing tariffs, which could have several implications for gold prices.
Here's a summary of the potential impacts on gold from a short, mid, and long-term perspective:
Short Term:
Increased Uncertainty: Trump's announcement of new tariffs, particularly the 10% on Chinese goods and 25% on imports from Canada and Mexico, could lead to immediate market volatility. Gold is often seen as a safe-haven asset, so increased uncertainty could drive investors to gold, potentially increasing its price in the short term. This was observed in past instances where tariffs were announced or escalated, leading to spikes in gold prices as investors sought to hedge against potential economic disruption.
Inflation Expectations: Tariffs can lead to higher import costs, which might translate into higher inflation expectations. Given that gold is traditionally viewed as an inflation hedge, its price might rise as investors anticipate higher consumer prices.
Mid Term:
Economic Retaliation: If other countries retaliate with their own tariffs, this could lead to a trade war, further increasing economic uncertainty. This scenario would likely support gold prices as a continued safe haven, although the strength of this effect would depend on the severity and duration of the trade tensions.
Currency Fluctuations: Tariffs might influence currency values, with a stronger USD potentially making gold cheaper for foreign investors, but a weaker USD could increase gold's appeal to domestic investors looking to preserve wealth.
Long Term:
Economic Growth and Inflation: Over the longer term, if tariffs lead to sustained higher inflation or economic slowdown, gold might benefit. Persistent inflation would generally increase gold prices as it preserves purchasing power. However, if the tariffs result in a significant economic downturn or deflation, this could counteract the positive effects on gold, as investors might turn to more liquid or income-generating assets.
Investment Patterns: Long-term investment strategies might shift towards gold if tariffs lead to a reevaluation of global trade patterns and economic stability. Investors might increase their gold holdings as a hedge against ongoing geopolitical risks and economic policies that favor protectionism.
Policy Continuity: If Trump's tariff policies are seen as part of a long-term shift in U.S. trade policy, this could fundamentally alter market dynamics. Gold could benefit if this shift leads to a more protectionist global trade environment, pushing up commodity prices due to reduced global trade efficiency.
So, in a nutshell, Trump's tariff talk could mean good times for gold in the short term because of the panic button. But how it plays out over the years will depend on how much these policies mess with inflation, growth, and how countries deal with each other in trade.
In his speech yesterday, Donald Trump discussed his plans for imposing tariffs, which could have several implications for gold prices.
Here's a summary of the potential impacts on gold from a short, mid, and long-term perspective:
Short Term:
Increased Uncertainty: Trump's announcement of new tariffs, particularly the 10% on Chinese goods and 25% on imports from Canada and Mexico, could lead to immediate market volatility. Gold is often seen as a safe-haven asset, so increased uncertainty could drive investors to gold, potentially increasing its price in the short term. This was observed in past instances where tariffs were announced or escalated, leading to spikes in gold prices as investors sought to hedge against potential economic disruption.
Inflation Expectations: Tariffs can lead to higher import costs, which might translate into higher inflation expectations. Given that gold is traditionally viewed as an inflation hedge, its price might rise as investors anticipate higher consumer prices.
Mid Term:
Economic Retaliation: If other countries retaliate with their own tariffs, this could lead to a trade war, further increasing economic uncertainty. This scenario would likely support gold prices as a continued safe haven, although the strength of this effect would depend on the severity and duration of the trade tensions.
Currency Fluctuations: Tariffs might influence currency values, with a stronger USD potentially making gold cheaper for foreign investors, but a weaker USD could increase gold's appeal to domestic investors looking to preserve wealth.
Long Term:
Economic Growth and Inflation: Over the longer term, if tariffs lead to sustained higher inflation or economic slowdown, gold might benefit. Persistent inflation would generally increase gold prices as it preserves purchasing power. However, if the tariffs result in a significant economic downturn or deflation, this could counteract the positive effects on gold, as investors might turn to more liquid or income-generating assets.
Investment Patterns: Long-term investment strategies might shift towards gold if tariffs lead to a reevaluation of global trade patterns and economic stability. Investors might increase their gold holdings as a hedge against ongoing geopolitical risks and economic policies that favor protectionism.
Policy Continuity: If Trump's tariff policies are seen as part of a long-term shift in U.S. trade policy, this could fundamentally alter market dynamics. Gold could benefit if this shift leads to a more protectionist global trade environment, pushing up commodity prices due to reduced global trade efficiency.
So, in a nutshell, Trump's tariff talk could mean good times for gold in the short term because of the panic button. But how it plays out over the years will depend on how much these policies mess with inflation, growth, and how countries deal with each other in trade.
Price Action Trading ⚡️
07 Jan, 02:59
The price action showing consolidation within this ascending channel.
Price Action Trading ⚡️
07 Jan, 02:33
Latest COT report : Key Observations:
Open Interest:
Total open interest is 458,584 contracts, unchanged from the previous week.
Managed Money:
The reduction in short positions alongside the slight decrease in long positions suggests profit-taking on longs rather than a complete shift in sentiment.
The net effect still indicates a bullish bias, as Managed Money remains overwhelmingly net long by 166,169 contracts.
Open Interest:
Total open interest is 458,584 contracts, unchanged from the previous week.
Managed Money:
The reduction in short positions alongside the slight decrease in long positions suggests profit-taking on longs rather than a complete shift in sentiment.
The net effect still indicates a bullish bias, as Managed Money remains overwhelmingly net long by 166,169 contracts.
Price Action Trading ⚡️
06 Jan, 14:20
SPOT GOLD FALLS 1% TO $2615/OZ AFTER TRUMP DENIES WAPO REPORT
Price Action Trading ⚡️
06 Jan, 04:42
I am still without any swing entry on both Gold and BTC ...Waiting for more evidences
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
07 Dec, 07:06
In November, global gold ETFs saw their first monthly outflow since April, led by Europe, while North America was the only region reporting inflows.
Total AUM fell 4% in the month, although y-t-d flows have remained positive at US$2.6bn. But the 29t fall in holdings last month flipped y-t-d demand to negative.
Global gold trading volumes kept rising, mainly driven by active trading of futures and ETFs.
Total AUM fell 4% in the month, although y-t-d flows have remained positive at US$2.6bn. But the 29t fall in holdings last month flipped y-t-d demand to negative.
Global gold trading volumes kept rising, mainly driven by active trading of futures and ETFs.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
07 Dec, 02:18
If we look at the last two COT reports for gold, there’s an interesting trend. On November 26th, we saw managed money increasing their long positions. However, in the latest report from December 3rd( before NFP), there is very little change—no significant additions or reductions in long or short positions (reductions is short is there but not that big). This suggests that managed money was waiting for the NFP data before making any big moves. So, the COT report due on December 10th will be crucial, as it will likely reflect how managed money positioning themselves based on the NFP numbers.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
06 Dec, 16:31
We have seen range bound movement on gold this week ,as I was selling gold and holding from last two weeks I managed to catch good move in sell side , daily Updates shared at Golden Circle… , for today also gold still seems to be stuck on range for today, I closed multiple entries in profit today and
still holding few Entries in sell side for next week( which is currently in profit:average sell at 2650, still expecting move in downside if price stays below 2675 for next week) and now calling it here for the week…Closing week in good profit ✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Breathe in Breathe out
Meditate 🧘♂️
Travel ,Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
still holding few Entries in sell side for next week( which is currently in profit:average sell at 2650, still expecting move in downside if price stays below 2675 for next week) and now calling it here for the week…Closing week in good profit ✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Breathe in Breathe out
Meditate 🧘♂️
Travel ,Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
06 Dec, 01:11
Breaking down important support on lower TF , now need confirmation on HTF to add to my current running sell which is giving massive profits right now✨⚡️
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
05 Dec, 03:50
Gold has been relatively calm following Powell's recent speech, showing little immediate reaction... Currently, gold is trading in a narrow sideways range, struggling to break through key technical levels. The daily trading range remains confined between 2,620 and 2,650 , with the weekly pivot point sitting at 2,659 – a level that's currently acting as resistance.
the market is bracing for potential volatility.... The upcoming economic data releases – today's Initial Jobless Claims report and tomorrow's crucial Non-Farm Payrolls data – could be the catalysts that finally break this consolidation pattern. These reports have the potential to inject some significant movement into gold price.
From current perspective, I'm maintaining a cautious bearish outlook. However, I've adjusted my risk management approach by moving my stop-loss to the 2,670-2,675 range. This adjustment helps protect against any unexpected bullish surprises that might emerge from the upcoming economic data releases.
the market is bracing for potential volatility.... The upcoming economic data releases – today's Initial Jobless Claims report and tomorrow's crucial Non-Farm Payrolls data – could be the catalysts that finally break this consolidation pattern. These reports have the potential to inject some significant movement into gold price.
From current perspective, I'm maintaining a cautious bearish outlook. However, I've adjusted my risk management approach by moving my stop-loss to the 2,670-2,675 range. This adjustment helps protect against any unexpected bullish surprises that might emerge from the upcoming economic data releases.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
04 Dec, 19:19
⚠️ POWELL:
**U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED
**CENTRAL BANK CANNOT TAKE DEBT AND DEFICITS INTO ACCOUNT IN SETTING RATES; NEEDS TO FOCUS ON INFLATION
**THE FED IS FAR FROM A SITUATION OF FISCAL DOMINANCE, USES ITS TOOLS TO ACHIEVE MANDATE ON INFLATION AND JOBS
**BITCOIN IS USED AS A SPECULATIVE ASSET; IT IS A COMPETITOR WITH GOLD NOT THE U.S. DOLLAR
**GEOPOLITICAL RISK IS ELEVATED AROUND THE WORLD
**LOW AND MODERATE INCOME FAMILIES IN THE U.S. ARE UNDER PRESSURE EVEN THOUGH AGGREGATE NUMBERS ARE STRONG
**U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED
**CENTRAL BANK CANNOT TAKE DEBT AND DEFICITS INTO ACCOUNT IN SETTING RATES; NEEDS TO FOCUS ON INFLATION
**THE FED IS FAR FROM A SITUATION OF FISCAL DOMINANCE, USES ITS TOOLS TO ACHIEVE MANDATE ON INFLATION AND JOBS
**BITCOIN IS USED AS A SPECULATIVE ASSET; IT IS A COMPETITOR WITH GOLD NOT THE U.S. DOLLAR
**GEOPOLITICAL RISK IS ELEVATED AROUND THE WORLD
**LOW AND MODERATE INCOME FAMILIES IN THE U.S. ARE UNDER PRESSURE EVEN THOUGH AGGREGATE NUMBERS ARE STRONG
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
04 Dec, 15:40
As I was selling gold from November 22 ( Gold was above 2710 at that time) , I got a good move in sell overall to till date (today low was around 2633)….
Now it’s time to adjust my Initial Entry SL near to 2675 level ( Which is still running in profit).
Gold can surprise today in any direction after a long consolidation.
Now it’s time to adjust my Initial Entry SL near to 2675 level ( Which is still running in profit).
Gold can surprise today in any direction after a long consolidation.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
24 Nov, 14:39
Key Events This Week:
1. CB Consumer Confidence data - Tuesday
2. October New Home Sales data - Tuesday
3. FOMC Meeting Minutes - Tuesday
4. Q3 2024 GDP data - Wednesday
5. October PCE Inflation data - Wednesday
6. US Markets Closed for Thanksgiving - Thursday
A short but busy week ahead of us.
1. CB Consumer Confidence data - Tuesday
2. October New Home Sales data - Tuesday
3. FOMC Meeting Minutes - Tuesday
4. Q3 2024 GDP data - Wednesday
5. October PCE Inflation data - Wednesday
6. US Markets Closed for Thanksgiving - Thursday
A short but busy week ahead of us.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
23 Nov, 04:09
As a reminder, Russia has voluntarily and unilaterally committed not to deploy intermediate-range and shorter-range missiles until US weapons of this kind appear in any region of the world.
To reiterate, we are conducting combat tests of the Oreshnik missile system in response to NATO’s aggressive actions against Russia. Our decision on further deployment of intermediate-range and shorter-range missiles will depend on the actions of the United States and its satellites.
We will determine the targets during further tests of our advanced missile systems based on the threats to the security of the Russian Federation. We consider ourselves entitled to use our weapons against military facilities of those countries that allow to use their weapons against our facilities, and in case of an escalation of aggressive actions, we will respond decisively and in mirror-like manner. I recommend that the ruling elites of the countries that are hatching plans to use their military contingents against Russia seriously consider this.
It goes without saying that when choosing, if necessary and as a retaliatory measure, targets to be hit by systems such as Oreshnik on Ukrainian territory, we will in advance suggest that civilians and citizens of friendly countries residing in those areas leave danger zones. We will do so for humanitarian reasons, openly and publicly, without fear of counter-moves coming from the enemy, who will also be receiving this information.
Why without fear? Because there are no means of countering such weapons today. Missiles attack targets at a speed of Mach 10, which is 2.5 to 3 kilometres per second. Air defence systems currently available in the world and missile defence systems being created by the Americans in Europe cannot intercept such missiles. It is impossible.
I would like to emphasise once again that it was not Russia, but the United States that destroyed the international security system and, by continuing to fight, cling to its hegemony, they are pushing the whole world into a global conflict.
We have always preferred and are ready now to resolve all disputes by peaceful means. But we are also ready for any turn of events.
If anyone still doubts this, make no mistake: there will always be a response.
To reiterate, we are conducting combat tests of the Oreshnik missile system in response to NATO’s aggressive actions against Russia. Our decision on further deployment of intermediate-range and shorter-range missiles will depend on the actions of the United States and its satellites.
We will determine the targets during further tests of our advanced missile systems based on the threats to the security of the Russian Federation. We consider ourselves entitled to use our weapons against military facilities of those countries that allow to use their weapons against our facilities, and in case of an escalation of aggressive actions, we will respond decisively and in mirror-like manner. I recommend that the ruling elites of the countries that are hatching plans to use their military contingents against Russia seriously consider this.
It goes without saying that when choosing, if necessary and as a retaliatory measure, targets to be hit by systems such as Oreshnik on Ukrainian territory, we will in advance suggest that civilians and citizens of friendly countries residing in those areas leave danger zones. We will do so for humanitarian reasons, openly and publicly, without fear of counter-moves coming from the enemy, who will also be receiving this information.
Why without fear? Because there are no means of countering such weapons today. Missiles attack targets at a speed of Mach 10, which is 2.5 to 3 kilometres per second. Air defence systems currently available in the world and missile defence systems being created by the Americans in Europe cannot intercept such missiles. It is impossible.
I would like to emphasise once again that it was not Russia, but the United States that destroyed the international security system and, by continuing to fight, cling to its hegemony, they are pushing the whole world into a global conflict.
We have always preferred and are ready now to resolve all disputes by peaceful means. But we are also ready for any turn of events.
If anyone still doubts this, make no mistake: there will always be a response.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
23 Nov, 04:09
Russian President Vladimir Putin addressed the nation on Thursday evening, November 21, to respond to days of escalation in the Ukraine conflict.Below is the full transcript of his speech:
I would like to inform the military personnel of the Russian Federation Armed Forces, citizens of our country, our friends across the globe, and those who persist in the illusion that a strategic defeat can be inflicted upon Russia, about the events taking place today in the zone of the special military operation, specifically following the attacks by Western long-range weapons against our territory.
The escalation of the conflict in Ukraine, instigated by the West, continues with the United States and its NATO allies previously announcing that they authorise the use of their long-range high-precision weapons for strikes inside the Russian Federation. Experts are well aware, and the Russian side has repeatedly highlighted it, that the use of such weapons is not possible without the direct involvement of military experts from the manufacturing nations.
On November 19, six ATACMS tactical ballistic missiles produced by the United States, and on November 21, during a combined missile assault involving British Storm Shadow systems and HIMARS systems produced by the US, attacked military facilities inside the Russian Federation in the Bryansk and Kursk regions. From that point onward, as we have repeatedly emphasised in prior communications, the regional conflict in Ukraine provoked by the West has assumed elements of a global nature. Our air defence systems successfully counteracted these incursions, preventing the enemy from achieving their apparent objectives.
The fire at the ammunition depot in the Bryansk Region, caused by the debris of ATACMS missiles, was extinguished without casualties or significant damage. In the Kursk Region, the attack targeted one of the command posts of our group North. Regrettably, the attack and the subsequent air defence battle resulted in casualties, both fatalities and injuries, among the perimeter security units and servicing staff. However, the command and operational staff of the control centre suffered no casualties and continues to manage effectively the operations of our forces to eliminate and push enemy units out of the Kursk Region.
I wish to underscore once again that the use by the enemy of such weapons cannot affect the course of combat operations in the special military operation zone. Our forces are making successful advances along the entire line of contact, and all objectives we have set will be accomplished.
In response to the deployment of American and British long-range weapons, on November 21, the Russian Armed Forces delivered a combined strike on a facility within Ukraine’s defence industrial complex. In field conditions, we also carried out tests of one of Russia’s latest medium-range missile systems – in this case, carrying a non-nuclear hypersonic ballistic missile that our engineers named Oreshnik. The tests were successful, achieving the intended objective of the launch. In the city of Dnepropetrovsk, Ukraine, one of the largest and most famous industrial complexes from the Soviet Union era, which continues to produce missiles and other armaments, was hit.
We are developing intermediate-range and shorter-range missiles in response to US plans to produce and deploy intermediate-range and shorter-range missiles in Europe and the Asia-Pacific region. We believe that the United States made a mistake by unilaterally destroying the INF Treaty in 2019 under a far-fetched pretext. Today, the United States is not only producing such equipment, but, as we can see, it has worked out ways to deploy its advanced missile systems to different regions of the world, including Europe, during training exercises for its troops. Moreover, in the course of these exercises, they are conducting training for using them.
I would like to inform the military personnel of the Russian Federation Armed Forces, citizens of our country, our friends across the globe, and those who persist in the illusion that a strategic defeat can be inflicted upon Russia, about the events taking place today in the zone of the special military operation, specifically following the attacks by Western long-range weapons against our territory.
The escalation of the conflict in Ukraine, instigated by the West, continues with the United States and its NATO allies previously announcing that they authorise the use of their long-range high-precision weapons for strikes inside the Russian Federation. Experts are well aware, and the Russian side has repeatedly highlighted it, that the use of such weapons is not possible without the direct involvement of military experts from the manufacturing nations.
On November 19, six ATACMS tactical ballistic missiles produced by the United States, and on November 21, during a combined missile assault involving British Storm Shadow systems and HIMARS systems produced by the US, attacked military facilities inside the Russian Federation in the Bryansk and Kursk regions. From that point onward, as we have repeatedly emphasised in prior communications, the regional conflict in Ukraine provoked by the West has assumed elements of a global nature. Our air defence systems successfully counteracted these incursions, preventing the enemy from achieving their apparent objectives.
The fire at the ammunition depot in the Bryansk Region, caused by the debris of ATACMS missiles, was extinguished without casualties or significant damage. In the Kursk Region, the attack targeted one of the command posts of our group North. Regrettably, the attack and the subsequent air defence battle resulted in casualties, both fatalities and injuries, among the perimeter security units and servicing staff. However, the command and operational staff of the control centre suffered no casualties and continues to manage effectively the operations of our forces to eliminate and push enemy units out of the Kursk Region.
I wish to underscore once again that the use by the enemy of such weapons cannot affect the course of combat operations in the special military operation zone. Our forces are making successful advances along the entire line of contact, and all objectives we have set will be accomplished.
In response to the deployment of American and British long-range weapons, on November 21, the Russian Armed Forces delivered a combined strike on a facility within Ukraine’s defence industrial complex. In field conditions, we also carried out tests of one of Russia’s latest medium-range missile systems – in this case, carrying a non-nuclear hypersonic ballistic missile that our engineers named Oreshnik. The tests were successful, achieving the intended objective of the launch. In the city of Dnepropetrovsk, Ukraine, one of the largest and most famous industrial complexes from the Soviet Union era, which continues to produce missiles and other armaments, was hit.
We are developing intermediate-range and shorter-range missiles in response to US plans to produce and deploy intermediate-range and shorter-range missiles in Europe and the Asia-Pacific region. We believe that the United States made a mistake by unilaterally destroying the INF Treaty in 2019 under a far-fetched pretext. Today, the United States is not only producing such equipment, but, as we can see, it has worked out ways to deploy its advanced missile systems to different regions of the world, including Europe, during training exercises for its troops. Moreover, in the course of these exercises, they are conducting training for using them.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
23 Nov, 02:14
Managed money still covering there long positions , No new Buy positions in latest COT report
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
22 Nov, 16:58
Holding entries in sell on gold, for next week… I am calling it here for the week…Closing week in floating again✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
22 Nov, 12:38
Looks crazy ? but I am still expecting daily cycle move like this, as per previous daily Cycle chart that I shared I was expecting the zone higher level near 2693(Fib 60%) but after current move I have modified the higher level (2745-50) which is the final level for this cycle , if price take out this higher level then I have to re -adjust and re calculate the daily cycle , till then a sell move is not out of the game.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
22 Nov, 11:23
The way price moving in higher side without significant retracement is an Indication that sellers are stuck in lower side during this wave ...Now more squeeze is possible if price sustain above 2700, closing below 2700 can release some pressure .
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
22 Nov, 05:28
DXY above 107 and moving without any correction and gold also doing the same, both moving in same direction and this rally is fueled by geopolitical scenario (Russia UKR war)
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
22 Nov, 02:18
The gold market has seen some intriguing developments recently. At the end of October, gold prices hit a peak near 2,780, before beginning a correction. This dip wasn't unexpected, as speculative "hot money" had poured into the market. On October 30, gold open interest reached 584.4K contracts, a notably high figure.
Since then, gold open interest has steadily declined, dropping to 501K contracts—a more moderate level. Historically, this has been a sign of market bottoms, though open interest has occasionally fallen as low as the low 400K range in recent years.
However, something unusual has occurred over the past five days. Despite gold's sharp rally from its low in the low 2530s on November 14, gold open interest has continued to fall every day. This suggests that speculators are unwinding their positions while gold rallies, a positive sign.
It's not just overseas bargain hunters driving this rebound. Over the past five days, there have been consistent inflows into the largest U.S.-based gold ETF, GLD, totaling 10.5 tons. Additionally, the second-largest gold ETF, IAU, has seen inflows exceeding 10 tons over the past nine days, with no outflows during this period.
During the recent correction, the Daily Sentiment Index (DSI) for gold plummeted to 23%, down from a high of nearly 90%. This indicates that market sentiment has shifted significantly, and the decline in open interest suggests a reduction in speculative activity.
While many expected gold to test its lows again, potentially testing investors' resolve before the correction ends (myself included), these ETF inflows and the continued exit of speculators are making me rethink that assumption.
In conclusion, I had planned to wait for the traditional mid-December seasonality to kick in (the strongest period for gold demand from now through February) before deploying more capital. However, given the recent changes, I’m now reconsidering whether we've already seen the low for buying opportunities at current elevated levels I am still expecting some correction before start buying gold and will decide the buying opportunities after weekly close or within next week trading sessions.
Since then, gold open interest has steadily declined, dropping to 501K contracts—a more moderate level. Historically, this has been a sign of market bottoms, though open interest has occasionally fallen as low as the low 400K range in recent years.
However, something unusual has occurred over the past five days. Despite gold's sharp rally from its low in the low 2530s on November 14, gold open interest has continued to fall every day. This suggests that speculators are unwinding their positions while gold rallies, a positive sign.
It's not just overseas bargain hunters driving this rebound. Over the past five days, there have been consistent inflows into the largest U.S.-based gold ETF, GLD, totaling 10.5 tons. Additionally, the second-largest gold ETF, IAU, has seen inflows exceeding 10 tons over the past nine days, with no outflows during this period.
During the recent correction, the Daily Sentiment Index (DSI) for gold plummeted to 23%, down from a high of nearly 90%. This indicates that market sentiment has shifted significantly, and the decline in open interest suggests a reduction in speculative activity.
While many expected gold to test its lows again, potentially testing investors' resolve before the correction ends (myself included), these ETF inflows and the continued exit of speculators are making me rethink that assumption.
In conclusion, I had planned to wait for the traditional mid-December seasonality to kick in (the strongest period for gold demand from now through February) before deploying more capital. However, given the recent changes, I’m now reconsidering whether we've already seen the low for buying opportunities at current elevated levels I am still expecting some correction before start buying gold and will decide the buying opportunities after weekly close or within next week trading sessions.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
21 Nov, 16:25
Today's closing will be decisive as per Fib, Closing above 2664 can push price towards 2700 and closing below 2664 can resume last week correction cycle .
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Nov, 12:47
A gold top? Give me a break. Western investors haven't even begun to wake up to the many reasons why gold is so attractive to Eastern buyers (wild U.S. govt. spending, out-of-control budget deficits, soaring National Debt - $36 Trillion) and the Fed's constant money printing and debasement of the dollar - in order to fund the spending and debts.
Know what else is down nearly 20% from its high (4 mos. ago)? The SOX semiconductor index (even with the Magnificent NVDA as a component). The SOX is typically thought of as a leading indicator for the economy & stock market. It's signaling trouble. Without the GenAI (malinvestment), the SOX would really be cratering. And that's because the global economy is weakening.
Western investors will eventually figure this all out - late as usual - and then they'll pile into the GLD, the GDX and gold mutual funds - driving gold to more record highs and the miners to incredible levels - as they've done before. Then we'll have our top. It's early days, gold investors.
Know what else is down nearly 20% from its high (4 mos. ago)? The SOX semiconductor index (even with the Magnificent NVDA as a component). The SOX is typically thought of as a leading indicator for the economy & stock market. It's signaling trouble. Without the GenAI (malinvestment), the SOX would really be cratering. And that's because the global economy is weakening.
Western investors will eventually figure this all out - late as usual - and then they'll pile into the GLD, the GDX and gold mutual funds - driving gold to more record highs and the miners to incredible levels - as they've done before. Then we'll have our top. It's early days, gold investors.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
15 Nov, 17:09
Holding entries in buy side on gold, for next week… I am calling it here for the week…Closing week in floating✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
15 Nov, 02:46
Gold price seems to be bouncing on Bullish Imbalance on daily TF (Seems like a hammer on daily) but we need a green follow up day to confirm this as possible pullback (The length of pullback is not clear right now but we can expect it approx. 70-80$ from the recent low).
In higher side we have to watch 2595 (First Fib retracement level on daily) and then 2600-20 area for re sell opportunities on confirmation.
In higher side we have to watch 2595 (First Fib retracement level on daily) and then 2600-20 area for re sell opportunities on confirmation.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
15 Nov, 01:48
POWELL INTERVIEW SUMMARY⚠️
1. Powell feels US economy and Fed policy is in a good place. Recent performance of US economy has been remarkably good. The best by far of any major economy in the world.
2. Policy works with ‘long and variable lags’. He feels the current situation calls for moving carefully. Likely to slow the pace of policy loosening when getting close to plausible neutral rate. Not clear how restrictive policy is at present. He reiterated that the path of rate cuts is not pre-set, will depend on data, going slower if the data allows seems like ‘the smart thing to do’
3. Believes US to be on sustainable path to 2% inflation goal.
4. Powell was asked why the Fed are cutting rates given strong economy and more recent higher inflation prints. The Fed see inflation to be on a bumpy path, but a sustainable one, to their target. Today’s PPI slightly hotter than the Fed expected. Fed still believe policy is restrictive but very mindful of going too far too fast. Powell pointed to the labor market cooling despite being in a good place at present. Reiterated Fed has dual mandate of both maximum employment and stable prices.
5. Confident that with recalibration to their policy they can maintain strength in labor market and also achieve inflation goals. Don’t want to see painful rise in unemployment seen in historic efforts to combat inflation.
6. Feels labor market is solid. Was very overheated a couple years ago. Now more consistent with 2% mandate. Labor report in October affected by strikes and hurricanes, can’t take too much from it. No longer a source of significant inflationary pressure.
7. Housing sector activity has been week, in contrast to wider economy.
8. Powell talked about Fed independence. States central banks that are independent do a better job on inflation according to academic research. This is because they are not thinking of political factors.
9. Tried to deflect a number of politically charged questions. States it is too early to make judgements on the effect Trump administration policies will have on economy. Fed have time to think about net effects of any policy changes. Very uncertain at present and even when specific policies are outlined in the future this is still difficult.
10. Fed not in any way at present taking into account the US debt when making decisions. Acknowledged that it needs addressed and sooner would be better than later. Didn’t want to say more than this as political issue.
1. Powell feels US economy and Fed policy is in a good place. Recent performance of US economy has been remarkably good. The best by far of any major economy in the world.
2. Policy works with ‘long and variable lags’. He feels the current situation calls for moving carefully. Likely to slow the pace of policy loosening when getting close to plausible neutral rate. Not clear how restrictive policy is at present. He reiterated that the path of rate cuts is not pre-set, will depend on data, going slower if the data allows seems like ‘the smart thing to do’
3. Believes US to be on sustainable path to 2% inflation goal.
4. Powell was asked why the Fed are cutting rates given strong economy and more recent higher inflation prints. The Fed see inflation to be on a bumpy path, but a sustainable one, to their target. Today’s PPI slightly hotter than the Fed expected. Fed still believe policy is restrictive but very mindful of going too far too fast. Powell pointed to the labor market cooling despite being in a good place at present. Reiterated Fed has dual mandate of both maximum employment and stable prices.
5. Confident that with recalibration to their policy they can maintain strength in labor market and also achieve inflation goals. Don’t want to see painful rise in unemployment seen in historic efforts to combat inflation.
6. Feels labor market is solid. Was very overheated a couple years ago. Now more consistent with 2% mandate. Labor report in October affected by strikes and hurricanes, can’t take too much from it. No longer a source of significant inflationary pressure.
7. Housing sector activity has been week, in contrast to wider economy.
8. Powell talked about Fed independence. States central banks that are independent do a better job on inflation according to academic research. This is because they are not thinking of political factors.
9. Tried to deflect a number of politically charged questions. States it is too early to make judgements on the effect Trump administration policies will have on economy. Fed have time to think about net effects of any policy changes. Very uncertain at present and even when specific policies are outlined in the future this is still difficult.
10. Fed not in any way at present taking into account the US debt when making decisions. Acknowledged that it needs addressed and sooner would be better than later. Didn’t want to say more than this as political issue.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 15:22
Silver Alert
CME just dropped margin rates on the Silver Futures contract by 8%
Effective 11-14-2024
CME just dropped margin rates on the Silver Futures contract by 8%
Effective 11-14-2024
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 13:31
U.S PPI (MOM) (OCT) ACTUAL: 0.2% VS 0.0% PREVIOUS; EST 0.2%
U.S PPI (YOY) (OCT) ACTUAL: 2.4% VS 1.8% PREVIOUS; EST 2.3%
U.S CORE PPI (MOM) (OCT) ACTUAL: 0.3% VS 0.2% PREVIOUS; EST 0.2%
U.S CORE PPI (YOY) (OCT) ACTUAL: 3.1% VS 2.8% PREVIOUS; EST 3.0%
U.S PPI (YOY) (OCT) ACTUAL: 2.4% VS 1.8% PREVIOUS; EST 2.3%
U.S CORE PPI (MOM) (OCT) ACTUAL: 0.3% VS 0.2% PREVIOUS; EST 0.2%
U.S CORE PPI (YOY) (OCT) ACTUAL: 3.1% VS 2.8% PREVIOUS; EST 3.0%
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 12:49
The High volume support (2500-30) is the main area that I am watching for possible bottom for this decline .
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 12:47
Too early to time the bottom from these support area right now and we have to wait for week close for next move , those who are stuck in buy (Including me) need to wait for December first week for possible bullish continuation , before that prepare your mind for more pain either in range bound move or more decline towards lower levels(3 to 4 weeks) .
Despite the ongoing selloff, the outlook for gold remains positive in the medium to long term.
Despite the ongoing selloff, the outlook for gold remains positive in the medium to long term.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 03:15
So true… everyone needs to understand this …Few people want to make a fortune with 100-500$ account and they start crying if they get stuck in any trade.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 03:10
Gold is under Non stop selling pressure and now reaching the support area as per daily TF , on H1 gold is forming a falling wedge pattern , and for any pullback price need to breakout the trendline from higher side , On Higher TF there is no good indication of any pullback as of now but I think every DIP is a buying opportunities as at present I am not expecting a bearish reversal for a longer period.
First support area is at 2530-55 area.
Second Support area is at 2500-25 area.
First support area is at 2530-55 area.
Second Support area is at 2500-25 area.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 02:40
By the way I love how haters and criticisers going to see me in drawdown… I have good experience to handle them.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
14 Nov, 02:35
Crazy Non stop decline…. I was expecting a bounce from 2600-50 area and entered early without a good confirmation on daily… Still holding buy and waiting patiently for a bottom for next bullish cycle… As per daily 2530-55 area looks good support… Let’s see.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
11 Nov, 15:50
Technically we are in buy zone for a good ( 30-40$) pullback but need good MM to catch this falling knife
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
11 Nov, 13:02
Sharp drop after the update ...watch 43-52 for Buy opportunities with calculated risks
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
11 Nov, 12:57
As mentioned in weekly analysis video that gold price is clearly under pressure , we have seen the same today , price is resuming the decline and now moving towards the recent low (2643-52).
𝐎𝐯𝐞𝐫𝐚𝐥𝐥 𝐰𝐞 𝐚𝐫𝐞 𝐢𝐧 𝐜𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐩𝐡𝐚𝐬𝐞 𝐚𝐧𝐝 𝐦𝐨𝐫𝐞 𝐝𝐞𝐜𝐥𝐢𝐧𝐞 𝐢𝐬 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 .
🔼For Intra day we can consider following levels for buy in scalping (Buy is just valid for scalping only , so trade with tight SL)
1.For Today the buying area is near 2650-52 (Gann Support Level and Last week Low).
2.Can look for buy on weekly S1+ Gann support Level (2635)
🔻𝐀𝐧𝐝 𝐟𝐨𝐫 𝐬𝐞𝐥𝐥 𝐰𝐞 𝐜𝐚𝐧 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨.
1.On pullback and under Weekly pivot + Under resistance trendline
2.On breakdown from Last week Low (Price need good volume to breakdown last week low so keep watching the volume near this Level).
Imp Levels :
Weekly Pivot :2692
Weekly S1,S2:2635,2585
Weekly R1,R2:2741,2799
𝑺𝒖𝒎𝒎𝒂𝒓𝒚 : Buying is valid for scalping only and we have to wait for good confirmation on daily TF for any good buy opportunities and sell is seems to be more favourable.
Chart Link
𝐎𝐯𝐞𝐫𝐚𝐥𝐥 𝐰𝐞 𝐚𝐫𝐞 𝐢𝐧 𝐜𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐩𝐡𝐚𝐬𝐞 𝐚𝐧𝐝 𝐦𝐨𝐫𝐞 𝐝𝐞𝐜𝐥𝐢𝐧𝐞 𝐢𝐬 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 .
🔼For Intra day we can consider following levels for buy in scalping (Buy is just valid for scalping only , so trade with tight SL)
1.For Today the buying area is near 2650-52 (Gann Support Level and Last week Low).
2.Can look for buy on weekly S1+ Gann support Level (2635)
🔻𝐀𝐧𝐝 𝐟𝐨𝐫 𝐬𝐞𝐥𝐥 𝐰𝐞 𝐜𝐚𝐧 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨.
1.On pullback and under Weekly pivot + Under resistance trendline
2.On breakdown from Last week Low (Price need good volume to breakdown last week low so keep watching the volume near this Level).
Imp Levels :
Weekly Pivot :2692
Weekly S1,S2:2635,2585
Weekly R1,R2:2741,2799
𝑺𝒖𝒎𝒎𝒂𝒓𝒚 : Buying is valid for scalping only and we have to wait for good confirmation on daily TF for any good buy opportunities and sell is seems to be more favourable.
Chart Link
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
10 Nov, 13:37
Key Events This Week:
1. OPEC Monthly Report - Tuesday
2. October CPI Inflation data - Tuesday
3. October PPI Inflation data - Thursday
4. Fed Chair Powell Speaks - Thursday
5. October Retail Sales data - Friday
6. Total of 12 Fed speaker events this week
We have another very busy week ahead of us.
1. OPEC Monthly Report - Tuesday
2. October CPI Inflation data - Tuesday
3. October PPI Inflation data - Thursday
4. Fed Chair Powell Speaks - Thursday
5. October Retail Sales data - Friday
6. Total of 12 Fed speaker events this week
We have another very busy week ahead of us.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
10 Nov, 02:41
atch out for the "Trump Effect" on the markets.
So far within 72 hours, all this has happened. 👇
First female Chief of Staff appointed
NYC to stop giving debit cards to illegals
US companies bring production home
Stock market hitting all-time-highs
Bitcoin hitting all-time-highs
The newest migrant caravan breaking up
Qatar agrees to evict Hamas leaders
Hamas wants "immediate" end to war
Taliban claims to want a "new chapter"
China wants "peaceful coexistence"
Russia is "ready" to speak with the US
EU wants to buy US gas, not Russian gas
Ukraine leaders in talks with Trump/Elon
Source: ByronDonalds
So far within 72 hours, all this has happened. 👇
First female Chief of Staff appointed
NYC to stop giving debit cards to illegals
US companies bring production home
Stock market hitting all-time-highs
Bitcoin hitting all-time-highs
The newest migrant caravan breaking up
Qatar agrees to evict Hamas leaders
Hamas wants "immediate" end to war
Taliban claims to want a "new chapter"
China wants "peaceful coexistence"
Russia is "ready" to speak with the US
EU wants to buy US gas, not Russian gas
Ukraine leaders in talks with Trump/Elon
Source: ByronDonalds
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 16:20
We have seen high volatile week on gold this week ,we managed to catch move in both side at Golden Circle… , for today gold is not making good move on weekend and seems to be stuck on range for today, I closed all positions on gold for this week and now calling it here for the week…Closing week in good profit ✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Breathe in Breathe out
Meditate 🧘♂️
Travel ,Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Breathe in Breathe out
Meditate 🧘♂️
Travel ,Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 05:12
Can't check my DM in working days that frequently as I have to focus on running trades ...Please wait till weekend...
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 04:41
After every account wash ...every trader should act like Powell: I will not step down if the president asks me to leave.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 02:28
We have seen good comeback of gold price in yesterday trading session and gold price tested 2700 level again, on price action gold price re-tested the trendline from where the price breakdown on Wednesday and seems like facing resistance now.
In yesterday trading session we have not seen and major rejection in higher side and till now there is no major rejection as of now , so idea is today is to wait for a good confirmation on H4 , or wait till London session , if price stays below 2700 then we can look for sell opportunities
Or
For a safe sell entry wait for price to either test on main resistance area 2717-37 (fib resistance area) or let it breakdown the daily pivot for today which is at 2685.
In yesterday trading session we have not seen and major rejection in higher side and till now there is no major rejection as of now , so idea is today is to wait for a good confirmation on H4 , or wait till London session , if price stays below 2700 then we can look for sell opportunities
Or
For a safe sell entry wait for price to either test on main resistance area 2717-37 (fib resistance area) or let it breakdown the daily pivot for today which is at 2685.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 02:13
FOMC statement summary ⚠️
1. The Fed cut Federal Funds Rate by 25 bps to 4.5-4.75%
2. Fed feels balance of inflation and employment mandates now 'roughly in balance'
3. Economic outlook is uncertain but economy continued to expand at solid pace
4. Willing to adjust policy to ensure attainment of goals
5. Labor market conditions have generally eased but unemployment remains low
6. Vote was unanimous this time after previous Bowman dissent
7. Inflation has seen progress but remains 'somewhat elevated'
8. Will continue quantitative tightening
Not a lot of change from the previous statement
1. The Fed cut Federal Funds Rate by 25 bps to 4.5-4.75%
2. Fed feels balance of inflation and employment mandates now 'roughly in balance'
3. Economic outlook is uncertain but economy continued to expand at solid pace
4. Willing to adjust policy to ensure attainment of goals
5. Labor market conditions have generally eased but unemployment remains low
6. Vote was unanimous this time after previous Bowman dissent
7. Inflation has seen progress but remains 'somewhat elevated'
8. Will continue quantitative tightening
Not a lot of change from the previous statement
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
08 Nov, 02:13
What's happening with the "Fed pivot?" Today, the Fed cut interest rates by 25 bps in their 2nd cut since 2020. Meanwhile, mortgage rates are at their highest level since July and have risen ~100 basis points in 2 months. Is the market doubting the Fed pivot? (a thread)
Today's rate cut brings the Fed fund target rate to 4.75% which marks the lowest level since February 2023. Interest rate futures are projecting another 25 basis point rate cut in December. They are also projecting at least another 50 to 100 basis points of rate cuts in 2025.
Meanwhile, since the Fed began their rate cut cycle on September 18th, interest rates have skyrocketed. The average 30-year mortgage rate has gone from 6.15% to 7%+. Also, the 10-year note yield has moved in a straight line higher from 3.60% to a high of 4.50% this week.
Treasury yields sold off today in a "sell the news" style reaction to the 25 basis point cut. We've seen this happen multiple times as the decision is often priced-in in advance. However, the 10-year note yield at 4.33% remains significantly higher than when the "pivot" began.
Today, Fed Chair Powell was asked about his thoughts on why interest rates are rising as the Fed is cutting them. He said that "material changes in financial conditions that LAST" are what matters. Powell said the Fed is not sure the recent moves in bond markets will last.
Interestingly, stocks continue to skyrocket regardless of the fact that treasury yields have soared. Earlier this year, when the 10-year note yield hit 5.00%, stocks come under serious pressure. Momentum is so strong that the recent shift in bond markets feels irrelevant.
Ultimately, we expect to follow long-term inflation expectations which have not ticked higher yet. However, if these do begin rising, as they now stand at 2.1%, we believe the "Fed pivot" would be at risk. This is a big IF, but anything is possible as we head into 2025.
Incoming inflation data and labor market data is going to be even more crucial going forward. Trading these large swings in equity, commodity, and bond markets will be highly profitable.
Today's rate cut brings the Fed fund target rate to 4.75% which marks the lowest level since February 2023. Interest rate futures are projecting another 25 basis point rate cut in December. They are also projecting at least another 50 to 100 basis points of rate cuts in 2025.
Meanwhile, since the Fed began their rate cut cycle on September 18th, interest rates have skyrocketed. The average 30-year mortgage rate has gone from 6.15% to 7%+. Also, the 10-year note yield has moved in a straight line higher from 3.60% to a high of 4.50% this week.
Treasury yields sold off today in a "sell the news" style reaction to the 25 basis point cut. We've seen this happen multiple times as the decision is often priced-in in advance. However, the 10-year note yield at 4.33% remains significantly higher than when the "pivot" began.
Today, Fed Chair Powell was asked about his thoughts on why interest rates are rising as the Fed is cutting them. He said that "material changes in financial conditions that LAST" are what matters. Powell said the Fed is not sure the recent moves in bond markets will last.
Interestingly, stocks continue to skyrocket regardless of the fact that treasury yields have soared. Earlier this year, when the 10-year note yield hit 5.00%, stocks come under serious pressure. Momentum is so strong that the recent shift in bond markets feels irrelevant.
Ultimately, we expect to follow long-term inflation expectations which have not ticked higher yet. However, if these do begin rising, as they now stand at 2.1%, we believe the "Fed pivot" would be at risk. This is a big IF, but anything is possible as we head into 2025.
Incoming inflation data and labor market data is going to be even more crucial going forward. Trading these large swings in equity, commodity, and bond markets will be highly profitable.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
07 Nov, 15:46
Post-Election Market Focus With the election now behind us, markets are shifting focus back to fundamentals: economic growth and Fed rate cuts. Today’s FOMC decision will be pivotal for year-end momentum.
What to Watch Today Markets are zeroing in on 2 elements: 1) Rate Cuts: It’s expected, but surprises can shake things up. 2) Forward Guidance: Does the Fed signal that more cuts are coming? This will set the tone for expectations heading into year-end.
Market Scenarios Depending on today’s outcome, here’s how the market might react: Expected Outcome: Likely keeps the rally steady. Dovish Outcome: Could add more fuel to the rally. Hawkish Surprise: A pushback on future cuts would pressure stocks.
Election vs. Fed Influence Despite a rally on the Republican win, the Fed remains crucial. Today’s decision could impact stocks no matter the political backdrop. If the Fed hints at fewer rate cuts, that could temper the rally—even with fiscal policies leaning pro-growth.
What’s Expected Today The market anticipates a 25-basis-point rate cut and no major change in forward guidance. The Fed has signaled this move, and recent data likely hasn’t altered that stance.
Key Forward Guidance Language Watch for these lines in the Fed’s statement: "Risks to achieving its employment and inflation goals are roughly in balance." "In considering additional adjustments… the Committee will carefully assess incoming data and the evolving outlook."
Expected Market Reaction Mild Rally or Consolidation: With today’s cut largely priced in, stocks may digest gains or drift slightly higher.
Treasury Yields & Dollar Impact Treasury yields could stabilize or see a slight decline if there are no surprises. The dollar is also likely to pause, as an expected Fed move won’t extend its recent strength. This would provide a minor boost for gold and commodities.
Hawkish Scenario: No Rate Cut or Shift in Guidance Election outcomes add a question, but the answer is likely “no.” The Fed’s cuts are largely driven by inflation levels, not growth alone, and inflation hovers near the 2% target.
Hawkish Market Reaction Expect a notable sell-off: Yields: The 10-year yield could jump above 2.5%, adding pressure to stocks. Dollar Surge: A stronger dollar would hit multi-nationals’ earnings. Commodities: Likely to drop, as a higher dollar impacts demand.
Dovish Scenario: A 50-Bps Cut While highly unlikely, a 50-bps cut would signal the Fed’s strong commitment to supporting growth. Economic data has been solid, so this is a very small possibility, but if it happens, expect a big rally across all sectors.
Dovish Market Reaction Treasury Yields: A sharp drop, potentially more than 10 bps. S. Dollar Decline: Might fall 1% or more, with gold and commodities as clear beneficiaries.
Focus Beyond Politics The Fed’s actions will have longer-lasting market impact. As the election buzz fades, the Fed’s policies on growth and rate cuts will steer the market. Investors are hoping for confirmation of continued cuts to sustain the rally.
Bottom Line: All eyes on the Fed today. Expectation is for a 25-bps cut and steady guidance. But any surprise could swing the market significantly in either direction but the odds are in favor of the bulls.
What to Watch Today Markets are zeroing in on 2 elements: 1) Rate Cuts: It’s expected, but surprises can shake things up. 2) Forward Guidance: Does the Fed signal that more cuts are coming? This will set the tone for expectations heading into year-end.
Market Scenarios Depending on today’s outcome, here’s how the market might react: Expected Outcome: Likely keeps the rally steady. Dovish Outcome: Could add more fuel to the rally. Hawkish Surprise: A pushback on future cuts would pressure stocks.
Election vs. Fed Influence Despite a rally on the Republican win, the Fed remains crucial. Today’s decision could impact stocks no matter the political backdrop. If the Fed hints at fewer rate cuts, that could temper the rally—even with fiscal policies leaning pro-growth.
What’s Expected Today The market anticipates a 25-basis-point rate cut and no major change in forward guidance. The Fed has signaled this move, and recent data likely hasn’t altered that stance.
Key Forward Guidance Language Watch for these lines in the Fed’s statement: "Risks to achieving its employment and inflation goals are roughly in balance." "In considering additional adjustments… the Committee will carefully assess incoming data and the evolving outlook."
Expected Market Reaction Mild Rally or Consolidation: With today’s cut largely priced in, stocks may digest gains or drift slightly higher.
Treasury Yields & Dollar Impact Treasury yields could stabilize or see a slight decline if there are no surprises. The dollar is also likely to pause, as an expected Fed move won’t extend its recent strength. This would provide a minor boost for gold and commodities.
Hawkish Scenario: No Rate Cut or Shift in Guidance Election outcomes add a question, but the answer is likely “no.” The Fed’s cuts are largely driven by inflation levels, not growth alone, and inflation hovers near the 2% target.
Hawkish Market Reaction Expect a notable sell-off: Yields: The 10-year yield could jump above 2.5%, adding pressure to stocks. Dollar Surge: A stronger dollar would hit multi-nationals’ earnings. Commodities: Likely to drop, as a higher dollar impacts demand.
Dovish Scenario: A 50-Bps Cut While highly unlikely, a 50-bps cut would signal the Fed’s strong commitment to supporting growth. Economic data has been solid, so this is a very small possibility, but if it happens, expect a big rally across all sectors.
Dovish Market Reaction Treasury Yields: A sharp drop, potentially more than 10 bps. S. Dollar Decline: Might fall 1% or more, with gold and commodities as clear beneficiaries.
Focus Beyond Politics The Fed’s actions will have longer-lasting market impact. As the election buzz fades, the Fed’s policies on growth and rate cuts will steer the market. Investors are hoping for confirmation of continued cuts to sustain the rally.
Bottom Line: All eyes on the Fed today. Expectation is for a 25-bps cut and steady guidance. But any surprise could swing the market significantly in either direction but the odds are in favor of the bulls.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
07 Nov, 14:44
We got this buy from today’s low at Golden Circle, but I was thinking this trade as scalping and I personally closed this trade very early
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
04 Nov, 02:23
Gold price is now again entered in range area and we have to wait for breakout this range area for next move,
The uncertainty around the US presidential election and Middle East tensions might boost the safe-haven demand, supporting the gold price.
On volume profile we can see that the current price is trading under High Volume area, in Lower side if price breakdown Friday low then we can expect test at weekly S1 or at psychological support at 2700, In higher side the resistance is at weekly pivot (2750) and Friday High (2761) is main hurdle for bulls. To conclude this we have following trade opportunities for Intraday :
Currently we have to wait as price is in range:
and after range breakout:
For buy either wait for breakout on Friday High or wait for lower Levels near 2700-10 area.
For sell: Wait for breakdown the Friday Low
The uncertainty around the US presidential election and Middle East tensions might boost the safe-haven demand, supporting the gold price.
On volume profile we can see that the current price is trading under High Volume area, in Lower side if price breakdown Friday low then we can expect test at weekly S1 or at psychological support at 2700, In higher side the resistance is at weekly pivot (2750) and Friday High (2761) is main hurdle for bulls. To conclude this we have following trade opportunities for Intraday :
Currently we have to wait as price is in range:
and after range breakout:
For buy either wait for breakout on Friday High or wait for lower Levels near 2700-10 area.
For sell: Wait for breakdown the Friday Low
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
03 Nov, 13:29
Key Events This Week:
1. U.S. Presidential Election - Tuesday
2. ISM Non-Manufacturing PMI data - Tuesday
3. Initial Jobless Claims data - Thursday
4. Fed Interest Rate Decision - Thursday
5. MI Consumer Sentiment data - Friday
6. ~15% of S&P 500 companies report earnings
Get ready for roller coaster ride …
Are you ready for the busiest week of the year?
1. U.S. Presidential Election - Tuesday
2. ISM Non-Manufacturing PMI data - Tuesday
3. Initial Jobless Claims data - Thursday
4. Fed Interest Rate Decision - Thursday
5. MI Consumer Sentiment data - Friday
6. ~15% of S&P 500 companies report earnings
Get ready for roller coaster ride …
Are you ready for the busiest week of the year?
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
02 Nov, 11:21
Discipline will get you far
But it won't make you a profitable trader
What ACTUALLY makes you a better trader
Are the small yes or no moments throughout the day
Do I add more?
Do I take this trade?
Do I close the charts?
Do I hold just a little longer?
The smallest of good decisions eventually compound
And before you know it you can't even recognize yourself
But these decisions don't require "grit" and "determination"
They require a CALM mind
A mind that can OBSERVE its own impulses
A mind that can bring itself BACK to neutral
And mind that has prepared its answers to the seemingly meaningless moments
A mind that is ready to WIN
Not with force,
But with understanding.
But it won't make you a profitable trader
What ACTUALLY makes you a better trader
Are the small yes or no moments throughout the day
Do I add more?
Do I take this trade?
Do I close the charts?
Do I hold just a little longer?
The smallest of good decisions eventually compound
And before you know it you can't even recognize yourself
But these decisions don't require "grit" and "determination"
They require a CALM mind
A mind that can OBSERVE its own impulses
A mind that can bring itself BACK to neutral
And mind that has prepared its answers to the seemingly meaningless moments
A mind that is ready to WIN
Not with force,
But with understanding.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
01 Nov, 15:15
Managed to catch the selloff/ corrective move from high this week and still Holding few entries in sell on gold from high for next week… I am calling it here for the week…Closing week in good profit ✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
01 Nov, 10:58
Too Hot” Scenario
➡️ Job adds > 200k, unemployment rate < 4.0%
Implications:
• This would confirm economic resilience, and the Fed might not cut next week.
• Markets won't like this at all.
• Expect a higher-rate-driven sell-off
• 📈 10-year will surge into the 4.30% range, putting even more pressure on stocks
• 💵 Dollar will rally +1% ~ breaking 105
• 🛢 Commodities: Gold down (stronger dollar), oil up (demand expectations)
“Just Right” Scenario (Goldilocks)
➡️ Job adds 50k-200k, unemployment ≤ 4.1%, wages ≤ 4.0%
This scenario keeps a 25-bps cut in play, but if data leans weak, whispers of 50 bps could emerge.
Market Reactions if “Just Right”
• 📈 Stocks likely extend their rally
• 📉 10-year yield will drop ~ back to 4.20%, giving more breathing room to equities.
• 💸 Dollar will moderately sell off, supporting a commodity rebound.
• 🪙 Gold and other commodities will rally
“Too Cold” Scenario
➡️ Unemployment ≥ 4.3%, job adds < 50k
Even if hurricanes and strikes play a role, a near-zero jobs figure will rattle mark
Market Reactions if “Too Cold”
• 📉 10-year will plunge ~ 20 bps as markets brace for a slowdown.
• 💸 Dollar will fall >1%, as traders price in dovish Fed actions.
•🥇 Gold rallies hard, loving the weaker dollar.
➡️ Job adds > 200k, unemployment rate < 4.0%
Implications:
• This would confirm economic resilience, and the Fed might not cut next week.
• Markets won't like this at all.
• Expect a higher-rate-driven sell-off
• 📈 10-year will surge into the 4.30% range, putting even more pressure on stocks
• 💵 Dollar will rally +1% ~ breaking 105
• 🛢 Commodities: Gold down (stronger dollar), oil up (demand expectations)
“Just Right” Scenario (Goldilocks)
➡️ Job adds 50k-200k, unemployment ≤ 4.1%, wages ≤ 4.0%
This scenario keeps a 25-bps cut in play, but if data leans weak, whispers of 50 bps could emerge.
Market Reactions if “Just Right”
• 📈 Stocks likely extend their rally
• 📉 10-year yield will drop ~ back to 4.20%, giving more breathing room to equities.
• 💸 Dollar will moderately sell off, supporting a commodity rebound.
• 🪙 Gold and other commodities will rally
“Too Cold” Scenario
➡️ Unemployment ≥ 4.3%, job adds < 50k
Even if hurricanes and strikes play a role, a near-zero jobs figure will rattle mark
Market Reactions if “Too Cold”
• 📉 10-year will plunge ~ 20 bps as markets brace for a slowdown.
• 💸 Dollar will fall >1%, as traders price in dovish Fed actions.
•🥇 Gold rallies hard, loving the weaker dollar.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
01 Nov, 01:42
As discussed we have seen a good corrective move in yesterday trading session and we can expect more decline as per the last day close , price didn’t close below weekly pivot(2738) in lower side and any close below weekly pivot can open room for more decline.
For today i think it is good idea to look for sell on Intraday, now the fib zone (2761-67) is major resistance zone for any upside potential, for any buying opportunity buyers need to wait price to re -claim this zone first, under this zone selling is seems to be good .
Today we have to watch NFP as major data which going to add good volatility in Friday close .
For today i think it is good idea to look for sell on Intraday, now the fib zone (2761-67) is major resistance zone for any upside potential, for any buying opportunity buyers need to wait price to re -claim this zone first, under this zone selling is seems to be good .
Today we have to watch NFP as major data which going to add good volatility in Friday close .
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
31 Oct, 13:08
Going well from the zone … still holding and selling from zone … trades already shared to Golden Circle yesterday and today.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
25 Oct, 16:22
Last week I was holding entries in sell side on gold ,today I closed them on average in today's Asian session,No open entries on gold for next week, Overall No profit no loss week ✨ , Now Holding buy entries on EU and Silver for next week TP and SL shared to Golden Circle… I am calling it here for the week…
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
Take care of your health 🏋️
Spend time with family and friends ♥️❤️
Stay fit , Keep learning keep hustling 🔥🤝
Enjoy your weekend 🥂 💥❤️✨
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
25 Oct, 13:01
Silver seems to returning to north , above marked support area buyers are in control
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
25 Oct, 12:55
Multiple buying side imbalance near to CPR zone, buyers want to claim this area
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
25 Oct, 05:09
Current Outlook (After analyzing multi time frame and current scenarios)
To current gold short-sellers: If you have sufficient margin, consider maintaining your positions and prepare for potential moves to the $2,780-2,800 range for additional opportunities. Those with limited margin should consider closing positions either at a loss or break-even.
In the broader picture, I anticipate:
- Initial resistance near $2,780-2,800 (within 2 weeks )
- then A pullback towards $2,700
- Another push toward $2,800
- A deeper correction to around $2,600 or lower side
- then A significant buying opportunity (In December maybe) targeting $3,000 before March 2025
I will share a detailed chart mapping out these levels after today's Closing.
Regarding immediate trading opportunities for Intraday: Opening new long positions at current levels isn't advisable (at least for me) due to extremely bullish sentiment and FOMO in the market. While a decline is possible, we lack significant confirmatory signals at current level and we have to wait for more confirmations. The current projection suggests a market top in mid-November followed by a low in mid-December....
I'll update with new swing trading opportunities as they develop with the time.
To current gold short-sellers: If you have sufficient margin, consider maintaining your positions and prepare for potential moves to the $2,780-2,800 range for additional opportunities. Those with limited margin should consider closing positions either at a loss or break-even.
In the broader picture, I anticipate:
- Initial resistance near $2,780-2,800 (within 2 weeks )
- then A pullback towards $2,700
- Another push toward $2,800
- A deeper correction to around $2,600 or lower side
- then A significant buying opportunity (In December maybe) targeting $3,000 before March 2025
I will share a detailed chart mapping out these levels after today's Closing.
Regarding immediate trading opportunities for Intraday: Opening new long positions at current levels isn't advisable (at least for me) due to extremely bullish sentiment and FOMO in the market. While a decline is possible, we lack significant confirmatory signals at current level and we have to wait for more confirmations. The current projection suggests a market top in mid-November followed by a low in mid-December....
I'll update with new swing trading opportunities as they develop with the time.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
25 Oct, 02:20
Gold price facing resistance at Fibonacci golden zone (2733-39: marked with red zone) and now moving towards the support area (green zone : at Wednesday low), under PDH and under resistance trendline sell is good towards the support area where price seems to be completing H&S formation and the neckline is at 2708-10 area, if price breakdown from H&S formation a good correction is expected.
On buying side we have to wait for breakout at PDH and breakout on the resistance trendline (Why Buying? because buying is still good if we go through the footprint chart ,if we watch last two days delta , the delta is negative but not strong enough to justify any deep correction as of now).
On buying side we have to wait for breakout at PDH and breakout on the resistance trendline (Why Buying? because buying is still good if we go through the footprint chart ,if we watch last two days delta , the delta is negative but not strong enough to justify any deep correction as of now).
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
24 Oct, 13:16
And any close above recent high (2758-60) can squeeze sellers towards 2780-2800 area .
(Earlier I was not expecting this but today the way price reversing is showing great strength of bulls, so those who are in sell be prepared for that too)
(Earlier I was not expecting this but today the way price reversing is showing great strength of bulls, so those who are in sell be prepared for that too)
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
18 Oct, 02:41
Gold breakout psychological level of 2700 and now trading above this level after Chinese data ;as per my view buying at these elevated levels is risky (Same goes with sell also : sell is also risky but with proper MM sell seems to be more favorable as per volume distribution ) : So my plan is to sell at every Intra day resistance as per Pivots (R1:2702,R2:2711,R3:2725 and weekly R3: 2734).
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
18 Oct, 02:09
Closed my all buy entries a bit early near 2680 in good profit (2618-2680) and now I am in sell from 2685 and will keep selling above 2700 , Let’s see how it goes now…
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
17 Oct, 15:46
Gold bulls seems to be exhausted here...2700 was not that far... 🧐
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
17 Oct, 13:24
Seems like selling is good on the rise now ( Against the trend: need good MM) : price can pump to flush the FOMO traders
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
17 Oct, 03:38
As expected and as shared on daily updates ,we have seen a good bullish rally on gold again and gold re-tested the ATH level and now facing resistance on Intraday but there is no big indication of good rejection at ATH level: CPR is very extreme today and gold price still showing strength. Today we have some high impact data in US session that can generate good volatility
For today:
For Buy:
We will wait for breakout above 2685 and on breakout we can look for buy on Intraday towards 2700,
For Sell; Price need to see a good decline first /close on H4 and bears at least need to push the price under 2660 (Daily S1 for today) and then only we can look for sell opportunities on Intraday.
For today:
For Buy:
We will wait for breakout above 2685 and on breakout we can look for buy on Intraday towards 2700,
For Sell; Price need to see a good decline first /close on H4 and bears at least need to push the price under 2660 (Daily S1 for today) and then only we can look for sell opportunities on Intraday.
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Oct, 14:57
Sell is also doing good at resistance zone for Intraday…but no good sign yet for good correction
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Oct, 13:40
Now we are at resistance area , a sell with good MM is good but risky
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Oct, 13:24
US OFFICIALS EXPECT ISRAEL’S COUNTERATTACK ON IRAN WILL COME BEFORE US ELECTION DAY - CNN
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Oct, 13:15
Also this silver trade shared to Golden circle member very early… you can see my confidence about silver from the message ( written in all caps 🤓)
𝐇𝐨𝐮𝐬𝐞 𝐨𝐟 𝐆𝐨𝐥𝐝 ⚡️
16 Oct, 12:54
Silver then and now 🎯
Posted this setup on October 10…so far sooooo gooood
Moved my SL near to 30.65 area , already booked few entries…✨
Posted this setup on October 10…so far sooooo gooood
Moved my SL near to 30.65 area , already booked few entries…✨
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