Trump vs. Powell: 4d Gold Price Roller Coaster📊 Summary of Recent 4 Trading Days
During the ongoing US-China trade war, President Trump has ramped up his public criticism of Federal Reserve Chair Jerome Powell. Though he lacks the authority to remove Powell directly it seems, Trump's frustration with the Fed’s independent policy direction has led to an apparent institutional power struggle.
This conflict hasn’t gone unnoticed by the markets. Just the mention of removing Powell caused the gold price to spike, as stock market money got squeezed out, amplified by tensions in the trade war. The Federal Reserve’s credibility is high, so such remarks naturally trigger significant volatility.
After Trump's initial outburst, gold surged $216. But when he softened his tone, the price reversed just as dramatically—falling about $240 (with the trading day still ongoing at the time). Hopes for progress in trade negotiations also played a role in this sharp reversal.
⚠️ Warning Signs of Market Distortion
Statements from the US President now function almost like market-moving events in addition to normal news. For gold traders, this creates an unstable environment where typical technical setups may fail.
The past days showed signs of manipulated or artificial movements—with potential insider activity. One notable example: Gold looked set to break higher after a 1-hour candle closed above the EMA 20 line. But a sudden $12 bearish candle in the last 30 seconds erased the setup. It felt orchestrated—possibly by institutional players defending key levels.
💡 Trader’s Takeaway
Don’t blindly trust technical signals in this environment.
Watch for political noise—it’s louder than usual.
Prefer quieter markets if you’re risk-averse.
Expect $100+ daily ranges and frequent price whipsaws.
🗣 What’s your take?
Is Trump really influencing the gold market on purpose—or just creating chaos? Let’s discuss below. 👇
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
