Another week and some profit as well I really hope that you guys have had a decent week. We did have some manipulation especially for the Euro New Zealand. You must have seen apart from that everything else was spot on as we were expecting in terms of the scalping trades.
As some of some sometimes Market would actually go in the same sort of a trending situation. But then if you would have actually listened to what we were looking for you must have made money.
Few things for this week and potentially for the rest of this month. As well I want you all to keep an eye on uh fundamentally. it might not impact your trading as such imminently but you’ll probably see some sort of impacts happening very soon. We’ll talk about that one anyway.
The situations that I’ve actually been keeping an eye on. Now a few things again two things I’d say the situation near the Polish border. it’s a rising and it’s getting to a situation where Belarus is actually struggling tocapture or to retain them. You know Wagner army they obviously there. They’re the army of mercenaries and they wanted to obviously keep on fighting. And they are heading towards or they are looking towards you know going towards the border of Poland and again if that happens. that it’s. That Poland is a NATO Ally. It can actually uh take things to the next level in the war. On top of that we have been seeing some sort of movement into Niger.
as well this is a country in Africa, that you probably would never ever heard this name before in the mainstream Media or in the top lines. Because you’d potentially be hearing a lot more about the continent of Africa. Where some of the countries they are the major source of the energy in in the countries. Like Germany and France because they are actually getting uranium fromthese countries. So again there was a military coup in Niger. In the last week and because of that they had actually stopped providing uranium to especially to France. And definitely the different parts of different countries of the West as well. and that’s why there is a speculation that we might actually see some retaliation from France.
Other countries on the west side as well again. France is also a NATO Ally so all of these what I’m trying to tell you is worlds 25% of the uranium is coming from Niger. it’s a huge resource for for West. At the moment and this could actually impact our Market how is it going to impact our Market. it would actually make the precious metals becoming more expensive. so what I’m trying to get your attention, towards is if that will be the situation and if we see there the front sends their military Supply towards Niger to eradicate the situation of military coup then you might actually be hearing some sort of the precious metals might actually be getting more expensive. Actually looking at in the market again it will obviously bring that instability in the world again. All of these situations because both the Poland and the France they’re both NATO allies and obviously there are speculations that the Russia is behind. You know this all of African Union. which I wouldn’t blame them at the same time uh because if you look at the country as a Niger you probably would see that 75 to 79% of the countries without electricity at the moment. and they are actually providing the uranium which is the major resource of energy to to a different country so again that was the the main fundamental behind this military coup. I don’t know how many more military coups or how many more militaries in the African continent would actually start to join this. but if that would happen you’re going to see some retaliation from the west side as well from especially from the front side. so if that would be the case then you are going to see some instability and that would actually potentially push the gold and the silver and most of the Commodities to top side okay just keep that in your mind I’m not saying that it will happen but as Traders we all have to have an eye on every single thing. that can impact our Market I do not want any of you to sell gold or any of these Commodities while we are having this sort of speculation and the in the in the African part of the world where you that again 25% is not a small amount of uranium. it’s a huge resource of nuclear power invest. so that’s the main reason that I want you all to keep an eye on this one I’m sure many of you would actually be hearing about this one but if you haven’t make sure you keep an on this one and this news tab has to be on your top of the list when you’re actually looking around for the geopolitics around the world .
This is something that will actually be aligning with our structures .as well as you all know that we have been selling gold in the silver uh since the start of this month and probably the last few days of the last month as well and if you guys have been doing that you must have done great job now this is a time and as as I’ve been telling you every single week uh that since uh you know Market was above 1980 that until at unless Market TAPS in 1930 I’m not a buyer okay now last week Market has tapped 1930 now we need to see the charts today I’ll explain you the situation how you can take advantage of this if uh this speculation becomes a reality and then there’s a you know there’s a problem uh happening in this uh due to this you know Border in the Polish. Polish border and and you know in Africa so this how we can take advantage on the market from this which aligns with our structures.
In this month I do notsee gold a dollar uh going to the downside because of this particular reason that if they they want it to look strong at the moment and I wouldn’t blame as such because this is this is a good uh you know good move to keep the dollar stronger especially during the during around the summit uh which will be happening probably in the third week of this this month.
CPI so would fed wouldn’t do and how dollar will behave. I’m not anticipating that they are going to stop the hiking until at least until the start of the Q4 okay the next hike is still coming as 25 basis points what I’m anticipating is 5.75 to 6.25 between that those two points depending on what the inflation number will look like at the moment if you ask me the unemployment rate that they have seen last time was pretty pretty much under the control they were expecting 3.6 but the real number came through as 3.5 the ADP non-form is was was not what they were expecting they were expecting 197k instead they came above 300 which is also a very good positive indicator. again the CPI in this way week is
going to be a crucial Factor they are expecting the CPI number to go up by 0.3 percent from three percent year on year if that number becomes three percent which is going to be the forecast well which is going to be the actual for the last time then we might actually be able to see just the last hike probably until the Q4 starts then we will see that how Market would react after indices will start to fall again all of these are connected uh what I see from the U.S 10 years bond yield it is pretty much ready if they want to go to the downside for a decent drop they can certainly do that because the bigger buyers have squeezed out and then now if the bigger sellers will join in then you’re going to see that drop happening as well okay and that also will impact uh the dollar strength and the weakness okay so all of it we shall see with time but for now I think it’s too early to predict that they’re going to stop it because the factors that they are going to look for especially will be concluding in this week’s CPI .
Let’s go to the calendar and see what we have for the Tuesday Monday Tuesday I would expect Market to be quite slow most likely you’re going to be seeing the biz moving sideways so if you are trading in them on Mondays and Tuesday even on Wednesday as well. I would anticipate some sort of a slow Market okay so it will be a decent market for the scalpers but if that would be the case then which one to go for that’s what we are going to talk about shortly.
I’ll give you two more pairs today that I will be pretty much keeping an eye on and like I gave you the last week. EUR CHF , CAD CHF this time I’ll give you two more please keep an on them because these two and the the two that I gave it to you last week they will be when they will go they will give you a decent profit.
Wednesday is the main day where we will be potentially start to see some volatility in the market Chinese CPI year on year they’re expecting the number to drop 0.5 percent uh compared to the actual point one point zero percent last time that’s a decent drop of the CPI I do not see this one actually happening again I have got no comment on this one as as of now because until I see the structures on these especially the Aussie pairs. so if Aussie is correcting at the moment until this news this news might actually drop the Aussie to the downside. I do see Aussie dropping once more I do have those levels where I’ll be seeing
Market uh reacting but we shall see on Wednesday anyway but prior to the Wednesday I I want you all to take it easy okay because most likely your Brokers will will probably be manipulating the market because last week we did have decent news but then the market didn’t react the way you as a Trader would React. A decent movement especially with NFP especially with Boe you probably would you know expect a little bit more movement but we didn’t get much anyway. I’ll show you why I’m saying that shortly. On Thursday we have CPI again they’re expecting this number to go to the upside from 3.0 to 3.3 which is a point three percent uh increment and if that would be the case then you’d expect uh dollar to get a bit more stronger because then again it will be indicating the next two hikes okay I’m deliberately using the next two hikes is because of this they probably would end this cycle of hiking at six percent probably by the end of this year okay from next year Q1 Q2 that’s when I will start to see some drop happening from all these Banks coming back to the normal interest rates. Which was below three percent CPI year on year again and we might see some fluctuation in this one if they don’t want to move the market in this week they probably would have a positive data in the CPI here and the negative in here just to compensate that positive and negative in here. then Market will keep on moving as a correction.
Then on Friday we have a GDP month on month uh for the GBP, GBP do see well at the moment I was again that we are expecting in the smart Market tab 1.25 it will be happening it’s just like the way market is going to the downside there’s a huge momentum to the downside I do want to see this one going to the upside I’ll shortly give you the levels where I’ll be expecting Market to give me a reaction and if that would be the reaction I’m a setup okay I’m a seller towards one two five once market caps one two five I’m only a buyer okay so these sort of things that you need to understand because I’m a day trader I do not do scalping and that’s why I’m saying this if you’re a scalper you should not listen to uh what I’ve I’ve just said you should be focusing on what is coming fast I shortly give you the structure anyway but what is coming first that will be your first trade that you should be trade in okay regardless of the bigger picture because bigger picture would actually be giving you a decent Pips but if you’re a scalper you don’t want to wait for the daily trade anyway.
Then we have a core PPI month and month again both these numbers they’re expecting them to go up from the actuals they do have some sort of a backing behind it that’s why these kpis they’re expecting the CPI and the PPI both to be a little higher if that would be the case then yes they might actually be going to the upside again in this month. I won’t be surprised if they manipulate that U.S data just so they can keep the dollar strong in this month.
One it’s a seasonality second because of the summit. Then we’ll end the week with uh loan consumer sentiment again that number is also expected to go to the upside. okay you can see that here they have revised the number from 72.6 to 71.6 that’s a decent drop of one point. now if this number this time will be giving us any positive here. you might see Market not reacting much on that because of this revision here. This is always the the case whenever you see your vision Market will anticipate another visual in the actual in the coming weeks.
There’s a retaliation from the African side then you probably would see that more countries will jump in into just eradicate this situation then you would see that temporarily you will see gold will getting more momentum to the upside.
Because again it’s a safe haven you should know that and why do you think this bricks currency is actually going to. threaten dollars’ dominance because of the backing of the gold if they take off the gold behind that currency it has no value whatsoever. that is the reason gold is the only thing that that probably would have been staying before us probably would stay after us. So that’s the main thing and the unstable times you can’t just simply expect the real interest rate being positive because of the last two years from negative would actually take dominance on the un stability.
It wouldn’t like it wouldn’t be the case it’s a mixture of few factors when you combine them all then we need to see that. which one is actually more dominant. We don’t know which one is going to be that the moment vessel but we shall see that in August. we should see some sort of indication from them from their new development bank. what they are really planning to do but once it is there definitely I’ll you know put some because that’s backed by gold.
