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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7755.96
7755.96
7755.96
7763.08
7719.19
+46.01
+ 0.60%
--
--
DJI
Dow Jones Industrial Average
53963.10
53963.10
53963.10
54094.65
53807.94
+78.00
+ 0.14%
--
--
IXIC
NASDAQ Composite Index
26348.34
26348.34
26348.34
0.00
0
0.00
0.00%
--
--
USDX
US Dollar Index
99.390
99.390
99.470
99.840
99.240
-0.360
-0.36%
--
--
EURUSD
Euro / US Dollar
1.15615
1.15615
1.15622
1.15806
1.15175
+0.00385
+ 0.33%
--
--
GBPUSD
Pound Sterling / US Dollar
1.34975
1.34975
1.34984
1.35086
1.34340
+0.00448
+ 0.33%
--
--
XAUUSD
Gold / US Dollar
4348.92
4348.92
4349.35
4371.80
4229.58
+108.90
+ 2.57%
--
--
WTI
Light Sweet Crude Oil
77.187
77.187
77.217
77.864
75.687
-0.152
-0.20%
--
--

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Trump Nominated Lawyer Danielle Tuman Seifert To Serve As A Commissioner Of The Federal Communications Commission (FCC)

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According To The Iranian News Agency IRNA, Iran's Deputy Foreign Minister Stated That Security In The Gulf Must Be Ensured By Regional Countries, Without The Need For External Interference

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Citigroup: Due To The Unpredictable Nature Of US-Iran Negotiations, It Has Adjusted Its Average Brent Crude Oil Price Forecast To $80 In The Third Quarter, $70 In The Fourth Quarter, And $65 In 2027

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The Argentine Presidential Office Reported That Argentine President Miloš Milà Held A Meeting With The Israeli Foreign Minister. Milà Reiterated Argentina's Firm Support For Israel's Right To Legitimate Self-defense Under International Law And Condemned The Attacks On Israeli Territory By Iran And Its Affiliates, Arguing That These Attacks Pose A Serious Threat To The Security And Stability Of The Region

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According To TASS, The Attack On Crimea By Ukraine Has Resulted In Two Deaths

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New York Fed Survey: U.S. Consumers Have Become More Optimistic About The Outlook For Employment And Inflation

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Russian Defense Ministry: Russian Troops Hit Two Cargo Ships In The Black Sea

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US Wheat Prices Rose 2.00% Intraday, Currently Trading At 644.00 Cents Per Bushel

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New York Fed: Labor Market Expectations In July Were Mixed. Both The Current And Expected Outlook For Personal Financial Conditions Improved In July

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[U.S. July New York Fed 1-Year Inflation Expectation 3.63%, Below Expectations] August 7th: On August 7th, The 1-year Inflation Expectation In The United States, As Measured By The New York Fed's Gauge For July, Was 3.63%, Compared To An Expectation Of 3.71% And A Previous Value Of 3.67%

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The New York Fed: In July, The Three-year Inflation Forecast Remained Unchanged At 3.3%; The Five-year Inflation Forecast Remained Unchanged At 3%

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The New York Fed’s One-year Inflation Expectation For July In The U.S. Was 3.63%, Versus An Expected 3.71% And A Prior Reading Of 3.67%

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Federal Reserve Bank Of Barkin: It Is Still Unclear How Much Impact Artificial Intelligence Will Have On Overall Productivity Levels

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Federal Reserve Bank Of Barkin: We Are Still Hearing A Lot From Our Contacts About Inflation And Cost Pressures

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According To Data From The Forecasting Platform Kalshi, The Probability Of The Federal Reserve Keeping Interest Rates Unchanged Next Month Has Risen To 65%

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Federal Reserve Bank Of Barkin: The Best Indicator Of A Healthy Job Market Is The Unemployment Rate

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Federal Reserve's Barkin: I Do Not Believe There Is Wage Inflation At Present

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Uzbekistan Says Its President Spoke By Phone With U.S. President Donald Trump

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Federal Reserve's Barkin: The Fed Will Keep Inflation At 2%

TIME
ACT
FCST
PREV
IMPACT
China, Mainland Trade Balance (CNH) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
China, Mainland Exports (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
China, Mainland Imports (CNH) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Japan Leading Indicators Prelim (Jun)

A:--

F: --

P: --

USDJPY
  • USDJPY
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
France ILO Unemployment Rate (SA) (Q2)

A:--

F: --

P: --

EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Germany Exports MoM (SA) (Jun)

A:--

F: --

P: --
EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Germany Industrial Output MoM (SA) (Jun)

A:--

F: --

P: --
EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.K. Halifax House Price Index YoY (SA) (Jul)

A:--

F: --

P: --
GBPUSD
  • GBPUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.K. Halifax House Price Index MoM (SA) (Jul)

A:--

F: --

P: --

GBPUSD
  • GBPUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
France Trade Balance (SA) (Jun)

A:--

F: --

P: --
EURUSD
  • EURUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
China, Mainland Foreign Exchange Reserves (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Mexico CPI YoY (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Canada Employment (SA) (Jul)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Canada Unemployment Rate (SA) (Jul)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Canada Labor Force Participation Rate (SA) (Jul)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Canada Full-time Employment (SA) (Jul)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
Canada Part-Time Employment (SA) (Jul)

A:--

F: --

P: --

WTI
  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Nonfarm Payrolls (SA) (Jul)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Average Hourly Wage YoY (Jul)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Unemployment Rate (SA) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Manufacturing Employment (SA) (Jul)

A:--

F: --

P: --
USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Government Employment (Jul)

A:--

F: --

P: --
USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Average Hourly Wage MoM (SA) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. U6 Unemployment Rate (SA) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Private Nonfarm Payrolls (SA) (Jul)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Labor Force Participation Rate (SA) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
U.S. Average Weekly Working Hours (SA) (Jul)

A:--

F: --

P: --

XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Canada Ivey PMI (SA) (Jul)

A:--

F: --

P: --

USDCAD
  • USDCAD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Canada Ivey PMI (Not SA) (Jul)

A:--

F: --

P: --

USDCAD
  • USDCAD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
Richmond Federal Reserve President Barkin delivered a speech.
U.S. Weekly Total Oil Rig Count

--

F: --

P: --

U.S. Weekly Total Rig Count

--

F: --

P: --

China, Mainland Trade Balance (USD) (Jul)

--

F: --

P: --

U.S. Consumer Credit (SA) (Jun)

--

F: --

P: --

China, Mainland CPI YoY (Jul)

--

F: --

P: --

China, Mainland CPI MoM (Jul)

--

F: --

P: --

China, Mainland PPI YoY (Jul)

--

F: --

P: --

Japan Trade Balance (Jun)

--

F: --

P: --

Euro Zone Sentix Investor Confidence Index (Aug)

--

F: --

P: --

Canada National Economic Confidence Index

--

F: --

P: --

U.K. BRC Like-For-Like Retail Sales YoY (Jul)

--

F: --

P: --

U.K. BRC Overall Retail Sales YoY (Jul)

--

F: --

P: --

Indonesia Retail Sales YoY (Jun)

--

F: --

P: --

Australia Overnight (Borrowing) Key Rate

--

F: --

P: --

Turkey Retail Sales YoY (Jun)

--

F: --

P: --

South Africa Unemployment Rate (Q2)

--

F: --

P: --

U.S. NFIB Small Business Optimism Index (SA) (Jul)

--

F: --

P: --

Mexico Industrial Output YoY (Jun)

--

F: --

P: --

Brazil CPI YoY (Jul)

--

F: --

P: --

U.S. Weekly Redbook Index YoY

--

F: --

P: --

Russia Trade Balance (Jun)

--

F: --

P: --

U.S. Existing Home Sales Annualized Total (Jul)

--

F: --

P: --

U.S. Existing Home Sales Annualized MoM (Jul)

--

F: --

P: --

U.S. EIA Short-Term Crude Production Forecast For The Year (Aug)

--

F: --

P: --

U.S. EIA Short-Term Crude Production Forecast For The Next Year (Aug)

--

F: --

P: --

Germany Current Account (Not SA) (Jun)

--

F: --

P: --

U.S. EIA/WTI Crude 1-Year Average Price Forecast (Aug)

--

F: --

P: --

U.S. EIA Natural Gas Production Forecast For The Next Year (Aug)

--

F: --

P: --

U.S. 3-Year Note Auction Yield

--

F: --

P: --

U.S. API Weekly Crude Oil Stocks

--

F: --

P: --

Q&A with Experts
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    Size flag
    Enjoy the weekend, reset, and come back on Monday with a clear mind.@MIDAS TOUCH
    5203131 flag
    resume on monday
    MIDAS TOUCH flag
    Size
    Enjoy the weekend, reset, and come back on Monday with a clear mind.@MIDAS TOUCH
    @Sizeshot bro catch you guys next time
    Sean flag
    Sean flag
    Gold is consolidating now
    Size flag
    5203131
    can I place aposition in the market
    @Visitor5203131Yes, mate. You can wait for the market to reopen on Monday and then look for fresh setups
    stephen Om flag
    Sean
    @Seanwee sell bana
    Size flag
    That way, you avoid weekend gap risk and can trade based on the new price action.@Visitor5203131
    Size flag
    MIDAS TOUCH
    @Sizeyeah ..overtrading can creep up on you like a dark shadow
    Absolutely, mate. Overtrading is one of the quickest ways to give profits back
    john flag
    5203131
    can I place aposition in the market
    @5203131 Yeah you can take your chances,,,the important thing is making sure risk is under control
    Size flag
    @MIDAS TOUCHKnowing when to stop is just as valuable as knowing when to enter a trade.
    Size flag
    MIDAS TOUCH
    @Sizeshot bro catch you guys next time
    Thanks, mate. Have a great weekend, and take care.
    EuroTrader flag
    MIDAS TOUCH
    @EuroTrader i got a positive result with slippage on the small gap up on monday open had a stop at break even over the weekend and the gap gave me profit
    @MIDAS TOUCHTgats really cools brother. congrats on the win. Have you studied opening week gaps?
    john flag
    Sean
    Gold is consolidating now
    @Sean And its healthy for the market to do so after such a rally
    Size flag
    Sean
    Gold is consolidating now
    @SeanYeah, it does look like Gold is taking a breather.
    EuroTrader flag
    MIDAS TOUCH
    @EuroTrader i got a positive result with slippage on the small gap up on monday open had a stop at break even over the weekend and the gap gave me profit
    @MIDAS TOUCHAnd it's always sweet when you on the positive side
    EuroTrader flag
    Sean
    Gold is consolidating now
    @Seani think the buyers are struggling to continue pushing forward but let's see
    Size flag
    After today's move, some consolidation is healthy@Sean
    EuroTrader flag
    Sean
    @Seangpld is still very much bullish, bull flag pattern formation means the bulls are still taking center stage
    Size flag
    @SeanThe next breakout from this range should give us a better clue about the next direction.
    Type here...
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          Bullish Rally Unfolds as Expected, but Upward Momentum Is Fading Rapidly

          Eva Chen
          Summary:

          Gold has likely established a bottom for the current correction around the $4,000 area. However, after a sharp short-term rally, bullish momentum is beginning to weaken, increasing the likelihood of a phase of technical correction.

          SELL XAUUSD
          EXP
          TRADING

          4350.00

          Entry Price

          4075.00

          TP

          4450.00

          SL

          4348.92 +108.90 +2.57%

          0.0

          Pips

          Flat

          4075.00

          TP

          Exit Price

          4350.00

          Entry Price

          4450.00

          SL

          Fundamentals

          Spot gold surged above the $4,300 mark on Thursday for the first time since June 18, gaining approximately $250 so far this week and rising more than 1% on the day.
          Although gold experienced a sharp pullback after reaching a record high earlier this year, we continue to view the decline as a healthy correction within a long-term bull market rather than a trend reversal. The fundamental drivers supporting higher gold prices remain intact: an expanding U.S. fiscal deficit, persistent geopolitical fragmentation amid deglobalization, and continued central bank gold purchases, all of which provide a solid long-term foundation for the precious metal.
          From a historical perspective, the magnitude of the recent correction has approached the extreme levels typically seen during bull markets. As a result, the $4,000 region has likely become the cyclical bottom of this correction.
          Looking ahead, the impact of developments in the Strait of Hormuz is expected to shift from temporarily weighing on gold to reinforcing safe-haven demand. At the same time, markets may still be underestimating the potential for a more accommodative Federal Reserve policy path. Combined with a rapidly expanding U.S. fiscal deficit driven by higher military spending, these factors should continue to strengthen gold's long-term investment appeal. Therefore, after a period of short-term consolidation, gold is expected to resume its medium- to long-term uptrend.
          Bullish Rally Unfolds as Expected, but Upward Momentum Is Fading Rapidly_1

          Technical Analysis

          On the 4-hour chart, gold established a solid base around $4,102 before breaking decisively above its consolidation range and rallying rapidly beyond $4,300, broadly in line with our expectations. However, after the recent sharp advance, prices have entered a new consolidation range at elevated levels, while bullish momentum has started to slow noticeably.
          Technically, the breakout above the descending triangle confirmed a bullish trend reversal, shifting market structure from bearish to bullish. Nevertheless, the rapid price appreciation has pushed short-term momentum indicators into deeply overbought territory. The 4-hour RSI has climbed to around 80, suggesting that buying momentum has become overstretched. Meanwhile, although the MACD remains above the zero line, its histogram has begun to contract and the signal lines are showing signs of turning lower, indicating that bullish momentum is gradually fading and the risk of a near-term pullback is increasing.
          Should profit-taking intensify, gold could retreat to retest the $4,100-$4,050 support zone. Beyond the near term, price action will continue to depend primarily on upcoming U.S. economic data, Federal Reserve policy expectations, and further developments in Middle East geopolitical tensions.

          Trading Strategy

          Direction: Sell
          Entry Price: 4,350
          Target Price: 4,075
          Stop Loss: 4,450
          Valid Until: August 29, 2026, 23:55
          Support: 4,205, 4,165, 4,120
          Resistance: 4,305, 4,330, 4,350
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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