CPI DATA SCENERIO 2 (RISE IN CPI DATA)
Scenario 2:
- Lower inflation printing than 0.4%
- Dollar weakness
- Bullish gold, equities and even crypto
- FED weakening stance
- Hints of slowing rates for DEC and months to come
If inflation prints lower than that of the prev month of 0.4%, we will be looking at bullish continuations in gold as the institutions have already priced in their buys from the lows. As they have received news before hand that the prints will be lower at 9:30pm with FED pivots in play slowing rate hikes to 50 BPS in months to come. Breaking above the all time resistance of 1730 KL could signify a change of market structure of gold if accompanied with low inflation prints.
- Lower inflation printing than 0.4%
- Dollar weakness
- Bullish gold, equities and even crypto
- FED weakening stance
- Hints of slowing rates for DEC and months to come
If inflation prints lower than that of the prev month of 0.4%, we will be looking at bullish continuations in gold as the institutions have already priced in their buys from the lows. As they have received news before hand that the prints will be lower at 9:30pm with FED pivots in play slowing rate hikes to 50 BPS in months to come. Breaking above the all time resistance of 1730 KL could signify a change of market structure of gold if accompanied with low inflation prints.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.