Indices and commodities
Active
GOLD
Short
Gold Downside Setup Toward $4,075
Rationale
TradingView idea: XAUUSD — H1 Bearish Retest Into Reaction Sell Zones for OANDA:XAUUSD by XAU_Macro_Pulse
TradingView symbol: XAUUSD
Fundamental
Gold remains under pressure after Monday’s sharp selloff, as higher oil prices have revived inflation concerns and reinforced expectations for additional Fed tightening. U.S. 10-year Treasury yields are near a 19-year high around 5.27%, while Brent remains around $106, keeping the macro backdrop restrictive for non-yielding Gold. Markets are pricing roughly a 70% probability of an October Fed hike.
The Fed raised its target range to 3.75%–4.00% in September and noted that …
Key details
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