Seems like price is trying to base around that intraday support, but the bounce still feels pretty weak. The previous breakdown area is acting as resistance, and buyers haven't managed to reclaim it yet. If this range gives way, I'd be watching for ...

Gold

GBP/USD is slipping back under 1.34 makes sense with oil jumping and the Middle East mess getting worse, but sterling is holding up better than I expected. The weird part is that higher oil is bad for UK inflation, yet the market is also using that ...

Macro, Markets & Mild Panic

I probably spend too much time refreshing the news section here Apart from Trump, what's been on everyone else's radar lately?

Macro, Markets & Mild Panic

After today's price action, I think gold is entering a much more interesting spot than it was a few sessions ago. The immediate catalyst seems to be the Fed minutes. Although policymakers continue to acknowledge inflation risks, the minutes didn't ...

Macro, Markets & Mild Panic

I'd probably do the same. No trade is better than forcing one. Gold has been chopping around too, so I'd rather wait for a cleaner move.

No attacks just gold trades/analysis

The setup looks good. Now it's all about whether the next macro headline gives it enough momentum. All the best my fellow traders

EURUSD only

Thanks for jumping into the discussion! That's a solid take. GBP/JPY has definitely been one of the more macro sensitive pairs lately. Do you think the bearish view still holds if overall risk sentiment improves, or is your bias mainly driven by the ...

Macro, Markets & Mild Panic