Hello traders,
Fed's Hawkish Hold & Policy Deadlock (May 7 Meeting)
Rates unchanged, no cuts planned. Powell warned tariffs hurt inflation/employment, limiting Fed’s ability to ease.
Stalemate: Trump won’t drop tariffs; Fed won’t cut amid trade risks. Gold’s appeal weakens if rates stay high.
China-U.S. Tensions Escalate
Tariff talks stalled despite Swiss meetings. China’s rate cuts hint at preparing for worst.
Tech war: Trump may lift AI chip curbs to lock China out of global markets, diverting capital from gold.
Gold’s Outlook
Risks Up: U.S.-China breakdown or Fed panic-easing.
Risks Down: Tech truce or tariff U-turns.
Key: Watch politics (talks/Trump) over data. Gold’s moves hinge on policy shifts, not just rates.
On 4h chart, in the Asia morning, Gold was only slightly affected by Fed, but quickly stabilized above the EMA and regained upward momentum.
This could be a great chance to reenter open longing trade on GOLD with 3 targets marked on this chart.
GOOD LUCK!
LESS IS MORE!
Fed's Hawkish Hold & Policy Deadlock (May 7 Meeting)
Rates unchanged, no cuts planned. Powell warned tariffs hurt inflation/employment, limiting Fed’s ability to ease.
Stalemate: Trump won’t drop tariffs; Fed won’t cut amid trade risks. Gold’s appeal weakens if rates stay high.
China-U.S. Tensions Escalate
Tariff talks stalled despite Swiss meetings. China’s rate cuts hint at preparing for worst.
Tech war: Trump may lift AI chip curbs to lock China out of global markets, diverting capital from gold.
Gold’s Outlook
Risks Up: U.S.-China breakdown or Fed panic-easing.
Risks Down: Tech truce or tariff U-turns.
Key: Watch politics (talks/Trump) over data. Gold’s moves hinge on policy shifts, not just rates.
On 4h chart, in the Asia morning, Gold was only slightly affected by Fed, but quickly stabilized above the EMA and regained upward momentum.
This could be a great chance to reenter open longing trade on GOLD with 3 targets marked on this chart.
GOOD LUCK!
LESS IS MORE!
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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.
Join Free Telegram Group to get all the updates: t.me/FuntraderVera
Related publications
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.