EURUSD & GOLD

As I mentioned in a previous post, we interpret the data published daily to find out if it causes the FED to raise or lower the federal funds rate. That is, if inflation is rising or falling.
The FED's objectives: maintaining price stability and full employment.

For example, today:
-NFP strong compared to estimates;
-Average hourly earnings (MoM and YoY) and Michigan 1-Year Inflation Expectation, below expectations; less money in the economy, so lower inflation is expected. Therefore, the FED would not have to raise the federal funds rate taking into account this data.

Conclusion: USD weak after the publication of news about the US economy

Exception: news with geopolitical impact that can suddenly change the direction of the USD.

Gold range

GOLD SHORT !!

Absolutely SHort Is See in Structural way also , Trump Freedom And people gets react to sell

The US inflation indicators, from the chart, eliminate temporary inflation variations. As I see, the FED would have no reason to increase the federal funds rate in June.

GOLD options show us that the big boys are targeting 4750-4800, which is also resistant.

At least so far. I may be wrong, but time will tell.

the donkey tail path , i don't need to think

The two steps to making a happy cat:

https://www.forexfactory.com/thread/...5#post15701165

is the top left label reading it correctly ?

This video is available in English also

AI read the FF calendar sentiment correctly

Gold Analysis (Sell Setup):
Gold is currently reacting from a strong resistance zone around 4704–4711 after failing to maintain bullish momentum.
The market structure is showing lower highs, and price is respecting the descending trendline resistance, which suggests sellers are still active in this area.
Sell Idea:
Entry: Around 4701–4704
SL: Above 4717
TP: 4689 first target, 4677 extended target
The previous support zone is now acting as resistance, and the rejection from this level could lead to further downside movement.
If price remains below the resistance zone, bearish momentum may continue toward the lower liquidity areas.
Let’s see how price reacts.

https://justthenews.com/politics-pol...ers-resolution

The Gold options we were talking about on May 11th, reached their target on May 12th.

Now the target is 4700; it is always moving.

Gold is showing strength after holding key support around the 4692–4695 zone while breaking above the short-term bearish trendline.
If buyers maintain momentum, price could continue moving toward the 4713 resistance area.
Entry: Above 4696
Target: 4713
Stop Loss: Below 4686
Trend structure is shifting bullish

The surprisingly strong data (compared to forecasts or previous values) published about the US economy caused a sharp decline in gold, EURUSD.