๐จ GOLD BREAKS ABOVE $4,400 AS CPI BOOSTS FED HOLD BETS! ๐ฅ
Gold jumped to a 2+ month high, with Spot Gold reaching $4,406.64/oz after US CPI matched expectations.
๐ Gold broke above its 100-day MA at $4,387
๐ September Fed hike odds fell to ~40%
๐ฅ Silver hit $65.49
๐ฅ Trader takeaway: Softer rate-hike expectations + weaker USD are supporting precious metals.
๐ Next catalyst: US PPI โ watch XAU/USD & XAG/USD for volatility.
Trade Here ๐ $XAU | $PAXG | $XAUT
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #MUFGToUseBlockchainForJGBSettlement #StreamerClub #Write2Earn
Gold jumped to a 2+ month high, with Spot Gold reaching $4,406.64/oz after US CPI matched expectations.
๐ Gold broke above its 100-day MA at $4,387
๐ September Fed hike odds fell to ~40%
๐ฅ Silver hit $65.49
๐ฅ Trader takeaway: Softer rate-hike expectations + weaker USD are supporting precious metals.
๐ Next catalyst: US PPI โ watch XAU/USD & XAG/USD for volatility.
Trade Here ๐ $XAU | $PAXG | $XAUT
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #MUFGToUseBlockchainForJGBSettlement #StreamerClub #Write2Earn