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Repost from N/a
Donald Trump wants to cut interest rates in the United States quickly, so that the economy and stock market can accelerate. But the current Fed Chair Jerome Powell is very cautious about interest rates, he wants to make data-based decisions without political pressure. This is why the differences and open conflict between Trump and Powell have been going on for a long time.
Kevin Warsh is seen in the Trump camp as someone who is relatively rate cut-friendly, and in favor of changes in Fed policy. As a result, the issue is not just a personal change, but the independence of the Fed versus political influence. That's why Trump is ready to do anything.
If Powell is dropped, Warsh or someone pro-Trump comes in, the dollar is more likely to weaken. Gold will benefit the most. Because investment will increase there. The stock market will also be in a buying mood. So now it's time to see who comes...
#trading #forextrading #motivational #key #XAUUSD #stockmarket #SpotTrading #BTC #CopyTrading #Powell #Trump #KevinWarsh #usa
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📉 The reason for the sudden drop in gold prices is that a deal has been reached in the US Senate. Funding related, which is expected to avoid a government shutdown, and large investors are leaving gold in the Treasury. The government will run the entire fiscal year. So the USD is strong and gold is selling.
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US President Donald Trump has expressed his intention to remove Jerome Powell, the current head of the country's central bank, the Federal Reserve (Fed). An announcement on when Powell's term will end or who will replace him could come very soon.
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Repost from N/a
#BREAKING If Iran does not negotiate quickly and agree to give up its nuclear weapons, the United States will use force if necessary. And it could be worse than previous attacks. - US President Donald Trump
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Central Bank News
Bank of Canada: They will announce their interest rate decision. The current interest rate is 2.25% and it is unlikely to change.
However, there is uncertainty in the market about whether interest rates will decrease or increase in the future.
Fed (United States): The Fed will announce their decision. There is no possibility of changing interest rates here either. Investors are mainly waiting for Fed Chairman Powell's opinion on future interest rate cuts.
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📊 Risk–Reward Example
XAUUSD BUY ZONE
Entry: 5265
SL: 5235 (−30)
TP1: 5325 (+60) → 1:2 RR
TP2: 5380 (+115) → 1:3.8 RR
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🚨 NEWS TIME AVOID ZONE (Today)
⛔ High Impact USD / Gold News
Avoid window:
🔴 15 minutes before news → 30 minutes after
That means if news is at 7:30 PM, then
👉 7:15 PM – 8:00 PM
No trading during this time
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