- Search Metals Mine
- Ftmofx commented Oct 1, 2024
They got suddenly Aladin's Chirag
US Job Openings and Labor Turnover – August 2024
- Ftmofx commented Sep 30, 2024
FED Powel hawkish and well expectation. He is always positive for US economy either bad data or good data. He is hawkish but what is the reality of the US economy? What is the behind the scenes? We know everybody? We saw the previous data and we ...
Powell: Fed will absolutely take into account important data that arrives during the blackout...
- Ftmofx commented Sep 30, 2024
FED Powel hawkish and well expectation. He is always positive for US economy either bad data or good data. He is hawkish but what is the reality of the US economy? What is the behind the scenes? We know everybody? We saw the previous data and we ...
Powell: GDI wasn't as low as once thought "removes a downside risk to the economy"
- Ftmofx commented Sep 26, 2024
Until the rate cut ends, Gold will remain bullish. it will be stepping with on-the-spot minor corrections. Gold is stepping towards 3000
US Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), Second...
- Ftmofx commented Sep 23, 2024
Again USD soft data. I can see Gold will remain firm up to 2700.
US services drive sustained robust economic upturn in September, but optimism wanes and prices...
- Ftmofx commented Sep 18, 2024
Gold manipulation from the psychological high of 2600. The market does not deserve such a fall against a 50 bps rate cut. I still believe Gold will rise soon whatever falls because the market is not the right way. Gap will fill up soon.
Federal Reserve issues FOMC statement
- Ftmofx commented Sep 18, 2024
Finally, FED's judgment on the devaluation of the USD is correct. Indiscipline financial market will be disciplined. We have to obey facts. FED PROJECTIONS IMPLY 50 BPS OF ADDITIONAL RATE CUTS IN 2024 FROM CURRENT LEVEL, 100 BPS MORE IN 2025 AND ...
Federal Reserve issues FOMC statement
- Ftmofx commented Sep 17, 2024
I said need minor correction to continue bull Forcust upto 2650-2670. Did Gold not minor correct?
US retail sales top Wall Street estimates in August
- Ftmofx commented Sep 17, 2024
Until the rate cut Gold will hold all types of traders. Limited Gold correction ended before retail sales news. USD mixed data, so Gold will buy continue until the FOMC conference
US retail sales top Wall Street estimates in August
- Ftmofx commented Sep 17, 2024
Always firming Gold will rise 2700 ahead of FED rate cut decision in the Upcoming FOMC Conference and until complete rate cut 3000-3500
US retail sales top Wall Street estimates in August
- Ftmofx commented Sep 13, 2024
Gold may be correct more now and is showing soft as UOM rises and as the market was greedy level despite end of the week instead of the profit taking.
US UoM Consumer Confidence Index rises to 69 in September vs. 68 expected
- Ftmofx commented Sep 11, 2024
NFP and ADP data firmly say that inflation is cooling. Rising is fake. Market do not believe it. Gold will touch 2550
US Consumer Price Index - August 2024
- Ftmofx commented Sep 6, 2024
Bad things is bad. We have to accept it. Dont fall in trap. For stability the USD what is next. It will give up fall buy within few minutes
The US Employment Situation -- August 2024
- Ftmofx commented Sep 6, 2024
NFP downward revision. Came very bad both NFP and ADP readings. Both are very low decline, I saw it after a lot of years. Job market collapse so badly GDP will greatly affect in the US economy for the long term. FED rate cut should start in series ...
The US Employment Situation -- August 2024
- Ftmofx commented Sep 5, 2024
Good NFP= 50 Bps Rate Cut Low NFP=25 Bps Rate cut Now Rate cut in the table 50 bps
ADP: US Private Sector Employment Increased by 99,000 Jobs in August; Annual Pay was Up 4.8%
- Ftmofx commented Sep 4, 2024
USD could not overcome the bearish path. Gold will give up a short-term bearish tone and will continue to bullish firm.
US Job Openings and Labor Turnover – July 2024