Mohammad Arafat Official Telegram-Beiträge

The way gold prices are falling in last 2 days. It seems we may get higher inflation number tomorrow.
Higher inflation would translate to no or single rate cut this year. Which is negative for gold price.

However we have already seen nearly 80$ crash in 2 days. So instead crashing. Gold may trap sellers.

Currently charts are in weak zone. So avoid buying. Trade with levels always. Do not trade with data.

Data is just one reference point which should reflect on chart later or sooner.

Signals slots open for India now.

Gold is bonkers for some reason

Trade with levels and not with data

US Unemployment Claims at 219K vs 213K previous
US Philly Fed Manufacturing Index at. 18.1 vs 44.3 previous

Mild positive for gold price

Trade with levels and not with data

Empire State Manufacturing Index 5.7 vs -12.6 previous

Mild negative for gold price

Trade with levels and not with data

US Core PPI m/m at. 0.3% vs 0.0% previous
US PPI m/m at. 0.4% vs 0.2% previous
US Unemployment Claims at. 213K vs 219k previous

Data is negative for gold price

New levels will be in market commentary in few mins

This is still Biden's inflation as most of the January he was the president.

Trump's tariff didn't kick it yet in numbers

Trade with levels and not with data

Core CPI m/m at. 0.4% vs 0.2% previous
CPI m/m at. 0.5% vs 0.4% previous
CPI y/yat. 3.0% vs 2.9% previous

Negative for gold price

New levels will be posting in market commentary

Trump: Gaza cease fire should end Saturday if all hostages not released

Seems Trump bought gold before his innaugration 😂