Intraday Market Thoughts Archives
Displaying results for week of Nov 12, 20233 Metrics for Gold's Takeoff
I hope Monday's video helped you clearly pinpoint what part of CPI you needed to focus on. That was straightforward, trigerring Nasdaq's 3rd biggest percentage 1-day rise of the year. Now, let's move onto gold. With today's plunge in 10-yr yields below 4.40%, is this the ultimate green light for gold and silver?? Not so fast. Here are the 3 key metrics you need: Start watching here from 7:40 mins and focus on the XME trendline resistance.
Here's Where to Look in Today's CPI
Today's release of the US October CPI consists of 4 main components. Here are the 2 most important parts of the report bond, gold and currency traders will be prioritizing. Start watching from 7:07 minutes of the video below.
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Cycle Turnaround Video Pre CPI
Do not miss the key levels on indices, JPY, gold and EURUSD as well as the possible inflection cycle cyce turnround in this pre-CPI video with EightCap. Full video.
