While they vacation and go into their dream-like stupor until next year's election is over, the U.S. "powers-that-be" seem to be content to watch the US$ slip further down into the "abyss" as shown on the Weekly chart below...
While Gold holds above the current month's Volume Profile Point of Control of 1773.90 and the Monthly VWAP of 1763.70 after bouncing off a Fibonacci confluence level of 1700ish as shown on the Daily chart below:
Welcome and thank you for visiting!
The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.
UPCOMING (MAJOR) ECONOMIC EVENTS...
* Tues. Sept. 19 ~ 2-day FOMC Meeting Begins
* Wed. Sept. 20 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. Oct. 6 @ 8:30 am ET ~ Employment Data
* Wed. Oct. 11 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. Oct. 18 @ 2:00 pm ET ~ Beige Book Report
* Tues. Oct. 31 ~ 2-day FOMC Meeting Begins
* Wed. Nov. 1 @ 2:00 pm ET ~ FOMC Announcement
* Tues. Dec. 12 ~ 2-day FOMC Meeting Begins
* Wed. Dec. 13 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference