CX Trading Education

CX Trading Education we are providing online trading education and investment services

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06/09/2022
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Market daily updates

Gold moves away from multi-week low, retakes $1,700 ahead of NFP*Gold edges higher on Friday and moves away from a multi...
02/09/2022

Gold moves away from multi-week low, retakes $1,700 ahead of NFP

*Gold edges higher on Friday and moves away from a multi-week low touched the previous day.

*A modest USD pullback from a two-decade high, retreating US bond yields offer some support.

*Hawkish Fed expectations should cap any meaningful upside ahead of the US jobs data (NFP).

Gold Price Forecast: XAU/USD looks to $1,700 amid Fed rate hike bets – Confluence Detector*Gold continues losing ground ...
29/08/2022

Gold Price Forecast: XAU/USD looks to $1,700 amid Fed rate hike bets – Confluence Detector

*Gold continues losing ground for the second straight day and drops to over a one-month low.
*Strong follow-through USD buying, rising US bond yields continue to weigh on the commodity.
*The risk-off impulse might turn out to be the only factor that might help limit any further losses.

Gold Price Forecast: XAU/USD run-up eyes $1,770 as China favors bulls, focus on Jackson Hole.Gold price rises for the th...
25/08/2022

Gold Price Forecast: XAU/USD run-up eyes $1,770 as China favors bulls, focus on Jackson Hole.

Gold price rises for the third consecutive day to refresh weekly top.
Sluggish yields, hopes of less-hawkish central bankers exert downside pressure on DXY.
China’s status as the key XAU/USD consumer favors the metal buyers in times of stimulus.

Gold Price Forecast: XAU/USD slides towards $1,730, US data, Jackson Hole eyed.Gold price reverses the previous day’s bo...
24/08/2022

Gold Price Forecast: XAU/USD slides towards $1,730, US data, Jackson Hole eyed.

Gold price reverses the previous day’s bounce off monthly low.
Sour sentiment weighs on the XAU/USD prices after US data triggered recovery.
Recession, hawkish Fed bets are the key catalysts favoring bears.
US Durable Goods Orders for July, Fed Chair Powell’s speech at Jackson Hole Symposium will be crucial for fresh impulse.

A Dovish Powell Could Set Stage for Stocks to Erase All Losses by Year-EndFederal Reserve chairman Jerome Powell is expe...
22/08/2022

A Dovish Powell Could Set Stage for Stocks to Erase All Losses by Year-End

Federal Reserve chairman Jerome Powell is expected to deliver fresh clues on monetary policy next week, and some investors believe that failure from the Fed chief to push back against bets on a ‘dovish pivot’ could set the stage for a rally in stocks to erase losses by year-end.

Gold: Firmer DXY directs bears towards $1,730Gold price takes offers to renew monthly low near $1,750 during early Frida...
19/08/2022

Gold: Firmer DXY directs bears towards $1,730

Gold price takes offers to renew monthly low near $1,750 during early Friday morning in Europe. The bullion prices register the five-day downtrend as the US dollar bulls cheer recession woes, as well as firmer US data and hopes of the Fed’s aggression vis-à-vis rate hikes.

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