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XAUUSD Scenario
Lets see if XAU will be good to us this week,
last week we managed to catch some nice trades on it however market did not go according to our expectations. The ability to adapt to change is key on the market. If you can't adapt to the change as its happening you get left behind or eaten by the sharks.
Expecting further USD weakness, 25 bps hike in the next month. More money printing to feed the deficits, trade balances, FedNow is coming out soon, so we should see transition into that as well, slowly.
Lets see what markets give us.
last week we managed to catch some nice trades on it however market did not go according to our expectations. The ability to adapt to change is key on the market. If you can't adapt to the change as its happening you get left behind or eaten by the sharks.
Expecting further USD weakness, 25 bps hike in the next month. More money printing to feed the deficits, trade balances, FedNow is coming out soon, so we should see transition into that as well, slowly.
Lets see what markets give us.
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