Expectations that the US Federal Reserve (Fed) will sharply cut

4 sept.

US inflation is on the decline, leading observers to expect the US Federal Reserve (Fed) to cut interest rates sharply for the rest of the year. In fact, US inflation remains at 2.9%, far from the Fed's target of 2%. If interest rates are cut too sharply, the monetary easing policy could cause inflation to return quickly. Therefore, as soon as there is a positive signal for the US economy, investors immediately consider the possibility of the Fed delaying the interest rate cut. The USD has a chance to recover.

4 sept.

Note

BUY XAU 2489

TP1: 2494
TP2: 2500
SL: 2482

4 sept.

Note

RUnning + 30 pips

4 sept.

Note

Hit Tp1 + 60 pips

4 sept.

Note

Hit Tp 2

5 sept.

Note

SELl
XAU 2515

TP1: 2508

SL: 2520