Reuters: "U.S. President Donald Trump is scheduled to make a statement on trade with the European Union at 1345 EST (1745 GMT) on Friday, Bloomberg reported citing daily White House guidance. On Thursday, Trump threw global financial markets into a ...

Gold RIGHT NOW

We have recieved mixed US data. The unemployment rate raised marginally from 3.6% to 3.7%. While this might seem unimportant at fist glance, if we consider fed emphasized the strong labour market over and over again, we can see this as an issue. I'd ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Nonfarm Payrolls • Friday 2.8.2019. Last month, nonfarm payrolls increased 224,000, though May hiring was downgraded by 3,000. Transportation & warehousing employment growth has been trending lower as trade-related headwinds affect hiring at home. ...

High Impact Events Trading... Gold & Copper

WTF is the right reaction... I honestly have no idea how anyone sane can consider this constructive... you're in negotiations and you announce additional tarrifs. As some pointed out, now Xi's image might be hurt and it might appear that China has ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold went up because the ISM Manufacturing data came in weaker then expected, that combined with the fact it reached a key psychological level 1400 and also has a ton of upward potential due to global uncertanties.

Gold RIGHT NOW

The ISM Manufacturing data came in lower, this could cause an USD sell off as many might believe that FED was not dovish enough. On top of that, due to all the global uncertanties gold has a solid upward potential.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

ISM Manufacturing • Thursday 1.8.2019. The manufacturing sector continued to struggle in June. The ISM manufacturing index has fallen 3.6 points since March and now stands at 51.7—its lowest level since October 2016. June production was strong, ...

High Impact Events Trading... Gold & Copper

Quite possible scenario, i'm actually carefully monitoring the market looking for a chance to buy, but i've gotten nothing solid so far. I could say the same for your preview. I do hope they are reading it for their own benefit, and i believe many ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

XAUUSD sentiment and price correlation for the last 2 days. The hourly news sentiment is moving higher and in 90% of the last 10 occurences price has risen within 11 hours. image Contrary to that, we've got a possible breakout of XAUUSD on H4. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Here is a detailed review of the FOMC meeting that i wrote with 5 different scenarios analysed. I think you'll find it useful, every scenario has FED actions and probability, as well as a short summary for those who don't like to read and a detailed ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

FOMC Meeting • Wednesday 31.7.2019. Scenario I: A Stich in Time Saves Nine Actions: - Fed funds rate: 25 bps cut - Language: More upbeat on recent activity, but notes uncertainty and risks to the outlook persist, while inflation remains muted - ...

High Impact Events Trading... Gold & Copper

Personal Spending • Tuesday 30.7.2019. We will receive June estimates for personal income and spending today. Given this friday’s release of second quarter GDP and the solid 4.3% annualized gain in personal consumption expenditures (PCE), spending ...

High Impact Events Trading... Gold & Copper

Both I and the market disagree. Only the number beat expectations, the report failed expectations and showed us very worrying signs about the US economy. As i always say don't focus on the number itself, but rather on the report. The GDP was mostly ...

High Impact Events Trading... Gold & Copper

The GDP report is not as good as the number represents. I highly advise against selling gold quoted in USD. url

High Impact Events Trading... Gold & Copper

Please be careful, even if GDP comes in stronger/weaker, we should be looking at personal consumption change within the report as it accounts for 70% of GDP. As you can see from EventsTrader's analysis, on the previous GDP release the data was much ...

High Impact Events Trading... Gold & Copper

I'd have to agree on you with that, I'm also long on many stocks across the globe... just not the most popular ones, i see potential in many companies, but for S&P 500 index, i prefer to stay away from that and similar stuff for now. I wouldn't go ...

High Impact Events Trading... Gold & Copper

It's hard to tell right now, at the moment, most central banks still have the tools to fend off a recession, but they are slowly running out those tools. And that's the biggest problem. I believe if we continue going into neutral/negative rates and ...

High Impact Events Trading... Gold & Copper

GDP • Friday 26.7.2019. The first look at real GDP growth during the second quarter is released tomorrow and will also be closely scrutinized ahead of the July 30-31 FOMC meeting. First quarter GDP growth surprised to the upside, running at a 3.1% ...

High Impact Events Trading... Gold & Copper

Yeah... Putin has actually said that they plan to replace the USD completely in international trade. And he constantly emphasizes how Russia has proven that international economy can function without the USD as a reserve or intermediary currency. ...

Gold RIGHT NOW