As Kuwait boosted up oil prices & Crude inventories being low.. oil has has found light 2 a new balanced area. Now that oil is here.. Fed can look 2 higher inflation coming.. Fed are watching global markets & global gdp so don't get hyped 2 just yet. With the eyebrows being raised for Fed rate hike.. gold will probably go down along with money being Poured into U.S. assests.. Interesting news week for -Usd- next week
Note
AU loosing momentum & flat top wedge formed chart-->
Note
saw expectations for next week & I don't look 4ward toward holding it for long.. exited out with + 35 pips
Note
Aud CPI Q/Q expectations is bad.. & I look 2 short this until after it.. mayb even a bit b4 the FOMC statement if price is right.. keep an eye on a dramatic release in Usd consumer confidense
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.