XAUUSD IDEA
There is a lot of news this week that can generally change the fundamental backdrop, but then the market not only needs a hint of weakening inflation but also a clear and strong confirmation. In general, it is too early to believe in this yet.
Traders are waiting for ISM and Powell's speech at the beginning of the week, who may touch upon monetary policy, inflation and interest rate in his speech.
Further focus on ISM, FOMC Meeting Minutes, as well as Friday's NFP, in which traders expect a practical halving of the indicator, which may shake the market.
Traders are waiting for ISM and Powell's speech at the beginning of the week, who may touch upon monetary policy, inflation and interest rate in his speech.
Further focus on ISM, FOMC Meeting Minutes, as well as Friday's NFP, in which traders expect a practical halving of the indicator, which may shake the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.