✅✅JPMORGAN RAISES S&P 500 TARGET TO 8,000

JPMorgan raised its S&P 500 year-end target to 8,000 from 7,800, implying roughly 3% upside from Friday’s close.

Strategists cited strong earnings and growing evidence that massive AI investment is translating into customer demand.

Stronger cloud growth and expanding backlogs at major tech companies are helping validate rising AI spending, which JPMorgan expects to represent more than half of the S&P 500’s $1.5 trillion in capex this year.

Good morning! Wishing you a wonderful day ahead. ☀️

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🔔XAU / USD : plan : 08/11/2026

⭐️GOLDEN INFORMATION:

Gold (XAU/USD) scales higher for the third consecutive day – also marking the fifth day of a positive move in the previous six – and climbs to its highest level since June 5, around the $4,435 area during the Asian session on Tuesday. Friday's weak US Nonfarm Payrolls (NFP) report pointed to signs of a cooling labor market and forced investors to scale back their expectations for an immediate interest rate hike by the US Federal Reserve (Fed). This, in turn, is seen as a key factor that continues to drive flows toward the non-yielding bullion.

⭐️Personal comments NOVA:

The market is positive—gold prices have rebounded to around 4,400 and are maintaining the H1 uptrend line.

⭐️SET UP GOLD PRICE

🔥SELL GOLD zone: 4433 - 4435 SL 4443
TP1: $4415
TP2: $4388
TP3: $4360

🔥BUY GOLD zone: 4317- 4315 SL 4307
TP1: $4330
TP2: $4352
TP3: $4370

Note : Day plan signals are only valid until 09:00 PM French time.

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@NovascalperVIP

GOLD : 🔔🔔🔔

GOLD EASES FROM OVER TWO-MONTH PEAK, INFLATION REPORTS IN FOCUS

Gold ​ticked lower on Tuesday after hitting its highest level in more than ‌two months, while investors focused on upcoming inflation data for clues on the U.S. interest-rate outlook.

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US : 🎯🎯🎯

🔔S&P 500 EARNINGS BOOM MAY SET UP A TOUGHER 2027

S&P 500 EPS is tracking roughly 32% growth in Q2, after 30% in Q1 — a historically rare back-to-back surge.

Bank of America warns growth could slow below 20% by Q1 2027 and to the mid-teens for the full year.

That matters because markets often struggle when earnings remain strong but decelerate.

✅AI and cloud spending remain key supports, but tougher comparisons could pressure returns in 2027.

GOLD : ✅✅✅

🔴 Gold Surpasses $4,400, Then Cools Off: Long-Term Uptrend Remains Intact

Gold prices recently broke above $4,400/ounce, reaching $4,435 before retreating to around $4,370 as the market awaits the U.S. CPI report to determine the Fed’s next direction.

In the short term, gold could face pressure if inflation comes in higher than expected, oil prices rise, and the USD and Treasury yields strengthen. Conversely, a cooling CPI would reinforce expectations for monetary easing and provide further support for gold.

Saxo Bank warns that the $4,360–$4,370 zone is a key support area.