Due to two FED rate cut, US inflation is picking up again but the question is the labor market. Why unemployment claims is increasing more aggressively, this is not a sufficient FED rate cut to balance labor market. We need a 50 bps or more FED rate ...

Due to two FED rate cut, US inflation is picking up again but the question is the labor market. Why unemployment claims is increasing more aggressively, this is not a sufficient FED rate cut to balance labor market. We need a 50 bps or more FED rate ...

This adding 254k data is not fake because it is the effect of previous 50bps of FED rate cut. Now Non-Farm sector feel comfortale to some extent for that. USD is deserve to buy today

Because Gold is also safe haven and Geopolitical risk is stil around the corner

Yes, Job add 254k, uneployment is down, houly rate expectation is increase but down from previous. This is fundamentally strong data. This data may delay FED rate cut. USD/JPY is getting uptrend again if FED rate cut is delay or pause. I expect Gold ...

ADP 200k below is not standard data. Economically it is poor data and it is so far from 200K

Poor data

They got suddenly Aladin's Chirag

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 ...

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 ...

Ishiba=JPY=Strong

Until the rate cut ends, Gold will remain bullish. it will be stepping with on-the-spot minor corrections. Gold is stepping towards 3000

Again USD soft data. I can see Gold will remain firm up to 2700.

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.

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 ...

I said need minor correction to continue bull Forcust upto 2650-2670. Did Gold not minor correct?

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

Always firming Gold will rise 2700 ahead of FED rate cut decision in the Upcoming FOMC Conference and until complete rate cut 3000-3500

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.

NFP and ADP data firmly say that inflation is cooling. Rising is fake. Market do not believe it. Gold will touch 2550