GOLD Investor sentiment remained pressured by geopolitical and trade tensions after President Trump confirmed that tariffs on Mexican and Canadian imports, previously paused for a month, will take effect next week.
Additionally, reports surfaced that the US is tightening restrictions on China’s chip industry.
MNQ1! 4Hr TF Current PA we've had strong Sellers coming off HTF Daily Supply and breaking a Huge Daily Demand Zone... We may still be very much so Bearish. Let's see how PA in NY develops today. I'm here to adapt and capitalize. Always a student 1st.
The stock market saw a sharp decline today after CPI data revealed a 3.0% YoY rise in January, exceeding forecasts of 2.9%. This unexpected inflation spike has raised doubts about the Fed’s anticipated rate cuts, leading investors to fear potential delays or policy shifts. The growing concern is Stagflation — stagnant growth combined with persistent inflation — which could further destabilize markets and complicate economic recovery efforts.
Investor sentiment remains cautious as uncertainty looms.