#economic_calendar

These events may affect the market on 21 August.

XAGUSD: Waiting to break out?
Silver is stuck in a tight range — 37.00 to 39.50.
Price is holding near the EMA21, but it won’t stay quiet for long.

✅ Hold above EMA21? Momentum could push toward 39.50.
⚠️ Drop below 37.00? Eyes on 35.00 next.

💰 Gold remains resilient—but Fed Symposium can change everything 💥

Today begins the three-day Jackson Hole Economic Symposium. How will it impact your trading? Read more to find out.

👉 Key takeaways

• Events. Gold stayed near $3,340 per ounce on Thursday as traders waited for clues on the monetary policy from the Federal Reserve (Fed) 👂

• Background. An expected September rate cut now looks less certain after hotter-than-expected inflation, despite a weak jobs report putting pressure on the Fed.

• Possible outcome. Fed Chairman Jerome Powell's speech could reinforce gold's support or trigger a correction, depending on rate outlook signals 📊

👉 Tip for traders

Stay nimble—volatility could spike following Powell's remarks, although gold remains reluctant to collapse.

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#economic_calendar

These events may affect the market on 22 August.

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