To join my free Disc...from NirvanaFinancials

To join my free Discord channel for specific entry and exit trade signals, with detailed trade breakdowns on Gold, Oil & WTI, please open an account below and shoot me a DM: https://my.ausglobaluk.com/dir... I look forward to welcoming you to my private community

Edited 08 Nov 2023, 15:49

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NirvanaFinancials

Gold Longs Loading... Fundamental Punchline - Gold saw some strength last week as weaker-than-expected U.S. nonfarm payrolls data, coupled with less hawkish signals from the Fed. This spurred deep declines in the dollar and Treasury yields. However, the yellow metal opened the week with a slump from the Asian session into the London session as any relief over a potential pause in the Federal Reserve’s rate hikes was largely offset by traders selling the yellow metal in favor of more risk-driven assets. Gold remains ultimately bullish, especially driven by geopolitical tensions in the middle east. Further escalation in the Isreal-Palestain crisis will lead to further bullish push for the safe heaven asset. Technical bias - The charts point to the strong bullish strength of Gold still intact. I will be looking to go long on proper bullish price action confirmation at a key support. #OPINIONLEADER#

NirvanaFinancials

Oil prices could hit $150 if Israel-Hamas conflict intensifies, World Bank warns https://www.ft.com/content/7fe... #OPINIONLEADER# #CrudeOil# #oilprice#

NirvanaFinancials