Gold Technical & Elliott Wave analyst
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Educational content on Elliott Wave Theory, Price Action, and Technical Chart Patterns. Learn market structure and technical analysis without any guesswork.
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Happy weekend let's see Monday
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@FxRaees_trader786
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trump panic on hot nfp driven rate hike fear
FOMC day is about more than the rate decision. A hold can still be hawkish, and a cut can still disappoint. Swipe to understand what really moves the USD and gold.
Waiting for confirmation
Last week still hold
Thursday: US PPI
Friday: US CPI
یہ دونوں data Fed کی rate expectations کو بہت تیزی سے بدل سکتے ہیں۔ اگر inflation expected سے کم آئی → 🟢 Gold مزید اوپر جا سکتا ہے۔
اگر inflation زیادہ آئی → 🔴 Dollar/Yields اوپر، Gold میں correction کا امکان۔ �
Reuters
نتیجہ: ابھی صرف fundamental basis پر میری ترجیح BUY-on-dips / bullish bias ہے، لیکن $4,500 کے قریب chase کرنے کے بجائے confirmation بہتر ہے۔ جنگ میں اچانک ceasefire/de-escalation کی خبر آئے تو Gold میں تیز selling بھی آ سکتی ہے۔ �
Looking for something like this if break major low possible more drop
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