Data suggests that gold may soon move higher, while the outlook for silver is mixed
Source
Gold (XAU/USD) & Silver (XAG/USD) – Latest Retail Sentiment Analysis
access_timeSeptember 8, 2024
Latest:
- The bitcoin chart isn’t looking pretty after a $2500 decline today
- The Fed is in a tricky spot – CIBC
- USDJPY moves lower to test the August low and finds support buyers.
- Australian dollar tumbles to the lowest since August 19. Carves out H&S top
- NZDUSD falls to the 100 bar MA on the 4-hour chart
- Fed’s Goolsbee: Critical challenge is not letting things turn into something worse
- Waller Q&A: Forecasts could be wrong, must be nimble as data comes in
- USDCAD extends to the next upside target
- WSJ’s Timiraos: Waller does not explicitly say “25” or “50”, but leans to 25.
- FOMC Waller : Time has come to begin reducing. Labor market softening/not deteriorating
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