🔔 Tournament 📊
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Gold Prices Still Weighed Down by Fed Rate-Hike Bets
Gold prices won back a little lost ground on Thursday, but the market remains beleaguered by a strong belief that global interest rates have further to rise, including most importantly those in the United States.
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GOLD LIFT ON REDUCED EXPECTED VOLATILITY
Expected 30-day gold volatility continues to track lower at a time when gold prices have lifted off the swing low seen at the end of June. Lower volatility typically favours range-bound trading conditions as the market lacks the sustained momentum to break out of a period of consolidation in search of a new direction.
JAPANESE YEN BACKDROP
The Japanese Yen has held its ground over the past few days as intervention talk continues. Yen pairs have seen a slight lull of late with USDJPY in particular feeling the effects of a potential intervention while trading at a key area of resistance. The Yen has started the day with a wee bit of strength as indicated by the currency strength chart below and with the US Independence Day holiday could be in or some short-term gains against the greenback in particular.
Tournament Progress 📊
VIP Tournament Signals are in fire🔥
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How does the Tournament Works 📊
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💰Tournament 📊
🔰Target : 50$ To 2500$ IN 5 DAYS
🔥 Finally we are done 🔥
🔹Started from : 50$
🔸Transfered to : 2409$ 💰
A Great acheivment made only in 5 trading days although the real target was 2500$ But the duration wasn't too enough
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📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +65 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +80 PIPS ✅✅ ✅
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GOLD BULLS ATTEMPT A RECOVERY
Gold bulls have been out of favour since reaching the new all-time high in May this year, with prices falling around 9% to the recent swing low. Further hawkish interest rate guidance from the Fed threatens see bring about higher interest rates in the US, something the market is already pricing in more and more. Markets have been lagging the Fed, anticipating that market stresses will lead to downward revisions on the interest rate front.
However, US economic data has held up rather well. Last week, a surprise upward revision to the final GDP growth print suggests that the economy is performing well on a relative basis. Furthermore, the job market continues to show its resilience as companies remain motivated to hold onto staff in the fear of not finding suitable replacements.
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💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
🔵 Tournament 50$ To 2500$ in (5 days) starts on #Monday
➖ Fee : 100$ ✅
✅ Payment method:
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💰 Tournament Progress 📊📊
🔰 Target : 50$ To 2500$ IN 5 DAYS
Number of signals : 11 ✅
9 Sgnals TP Hitt ✅
NO Signal SL Hitt❌
✅ +640 ToTAL PIPS
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🔹Started from : 50$
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🔔 Tournament 📊
💰 50$ TO 2500$ IN 10 DAYS
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📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
📊XAUUSD TP HITT +70 PIPS ✅✅ ✅
💥 The Goal achieved with our Expert Application designed specifically for TRADING GOLD 💪
☎️ @LeadersSupport
