Today Is Friday

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Hi, I’m Maicol, an Italian trader.
I study Gold since 2019.

I need your support.
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Please read the description to understand the trading plan.
Don’t focus only on the chart. Thanks.

🌞 GOOD MORNING EVERYONE 🌞

Today is Friday, typically seen as a bullish day, right?
However, Gold closed yesterday’s session still negative, breaking the previous low. I remain in a bearish bias for now.

I will wait for the monthly close and next Friday’s NFP before considering any shift in positioning.

MACRO NEWS UPDATE:

Gold remains in a clear bearish structure, but the key driver is no longer purely macro—it is Middle East uncertainty directly impacting inflation expectations and yields.

The market is pricing a dangerous mix: war-driven inflation combined with delayed Fed easing, which is structurally negative for gold despite intermittent safe-haven demand.

Key Points:

Gold is in a bearish trend (lower highs and lower lows).
The yield curve remains elevated and slightly steeper → rates are still restrictive.
The Middle East conflict continues to generate inflation through oil, not just risk-off flows.
Market reaction: equities are volatile, yields remain sticky, and the USD stays supported.
Diplomatic headlines are slowing escalation, but not resolving uncertainty.

Latest developments:

Oil remains elevated (recently above $107 intraday)
Markets are reacting to fuel-driven inflation risk
OECD warning: US inflation could rise toward ~4.2% due to the conflict

Donald Trump has extended the Iran negotiation deadline again, while simultaneously deploying troops—clearly signaling potential escalation over the weekend.

🔍 Reminder 🔍
I avoid trading during the Asian and London sessions.
I focus on the 14:30 news and the New York open at 15:30.

🔔 Turn on notifications so you don’t miss anything.

📬 If you have any questions, message me. I’ll reply.

In the meantime, have a good day.

-GOOD TRADING
-MANAGE RISK
-BE PATIENT

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