📊 Dovish rhetoric puts downward pressure on gold
Gold prices (XAU) fell towards $3,370 on Wednesday after Federal Reserve (Fed) Chairman Jerome Powell made dovish statements.
👉 Possible effects for traders
As expected, the Federal Open Market Committee (FOMC) left the benchmark fed funds rate unchanged at 4.25–4.5% while acknowledging that economic uncertainty has somewhat eased but remains elevated. Notably, the committee dropped previous remarks of a rising risk of both higher unemployment and inflation, signalling a more balanced, though still cautious, policy stance. The Fed Chair warned that inflation is expected to rise significantly in the coming months, largely due to the recent increases in trade tariffs. He noted trade tariffs could have more persistent effects on price levels than previously anticipated.
In its updated projections, the FOMC revised its 2025 U.S. GDP growth estimate towards 1.4%, from 1.7% in March, reflecting growing concerns about economic momentum. At the same time, the central bank raised its 2025 core inflation forecast towards 3.1% from 2.8%, underlining the impact of external cost pressures, including trade-related factors. The Fed's dot plot maintained its outlook for two rate cuts by the end of 2025, with a median fed funds rate projection of 3.875%. While the Fed remains open to easing, it proceeds cautiously in the face of evolving inflation dynamics.
XAUUSD continued to fall during Asian and early European trading sessions. Today's macroeconomic calendar is rather uneventful, but traders should monitor any developments around trade tariffs. Key levels to watch for XAUUSD are support at $3,360 and resistance at $3,400.
#VIP ALWAYS WIN 💪💯
Gold prices (XAU) fell towards $3,370 on Wednesday after Federal Reserve (Fed) Chairman Jerome Powell made dovish statements.
👉 Possible effects for traders
As expected, the Federal Open Market Committee (FOMC) left the benchmark fed funds rate unchanged at 4.25–4.5% while acknowledging that economic uncertainty has somewhat eased but remains elevated. Notably, the committee dropped previous remarks of a rising risk of both higher unemployment and inflation, signalling a more balanced, though still cautious, policy stance. The Fed Chair warned that inflation is expected to rise significantly in the coming months, largely due to the recent increases in trade tariffs. He noted trade tariffs could have more persistent effects on price levels than previously anticipated.
In its updated projections, the FOMC revised its 2025 U.S. GDP growth estimate towards 1.4%, from 1.7% in March, reflecting growing concerns about economic momentum. At the same time, the central bank raised its 2025 core inflation forecast towards 3.1% from 2.8%, underlining the impact of external cost pressures, including trade-related factors. The Fed's dot plot maintained its outlook for two rate cuts by the end of 2025, with a median fed funds rate projection of 3.875%. While the Fed remains open to easing, it proceeds cautiously in the face of evolving inflation dynamics.
XAUUSD continued to fall during Asian and early European trading sessions. Today's macroeconomic calendar is rather uneventful, but traders should monitor any developments around trade tariffs. Key levels to watch for XAUUSD are support at $3,360 and resistance at $3,400.
#VIP ALWAYS WIN 💪💯
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Sell Gold @3365-3370
Sl :3372
Tp1 :3363
Tp2 :3360
Enter Slowly-Layer with proper money management
Do not rush your entries
Sl :3372
Tp1 :3363
Tp2 :3360
Enter Slowly-Layer with proper money management
Do not rush your entries
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Touch and TP1//23pips✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
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Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
What a great way to start our day🔥🔥🔥
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Forwarded from ELITE TRADING INSTITUTION VIP .
✅ WOHOO! TP2 HIT clean and clear! +125 pips delivered 💸
Secure partials & adjust that SL — no emotions, just strategy.
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Secure partials & adjust that SL — no emotions, just strategy.
We play this game with precision 🎯📈
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Forwarded from ELITE TRADING INSTITUTION VIP .
Gold fly hit TP bro!! Super quality
38K USD DONE✅ in this account
38K USD DONE✅ in this account
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ULTREOS FOREX FREE SIGNALS
#ARPA/USDT Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Cross (20X) Entry Targets: 0.02856 Take-Profit Targets: 1) 0.028274 2) 0.027989 3) 0.027703 4) 0.027418 5) 0.027132 6) 0.024276 7) 0.02142 8) 0.018564 9) 0.01428 10) We take off……
Binance Futures
#ARPA/USDT All take-profit targets achieved 😎
Profit: 311.1578% 📈
Period: 34 Months 13 Days 10 Hours 56 Minutes ⏰
#ARPA/USDT All take-profit targets achieved 😎
Profit: 311.1578% 📈
Period: 34 Months 13 Days 10 Hours 56 Minutes ⏰
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ULTREOS FOREX FREE SIGNALS
💎 #GRT/USDT 💎 📈 LONG 🟢 Buy zone: 0.06232 - 0.06186 🎯 Target: 0.06292 - 0.06342 - 0.06406 - 0.06477 - 0.06550 - 0.06630 🚫 StopLoss : 0.05800 ⚡️ Leverage: 20x
Binance Futures, ByBit USDT
#GRT/USDT Entered entry zone ✅
Period: 33 Months 16 Days 13 Hours 14 Minutes ⏰
#GRT/USDT Entered entry zone ✅
Period: 33 Months 16 Days 13 Hours 14 Minutes ⏰
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