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Trade ideas thread – European session 2 November 2021

Daily thread to exchange ideas and to share your thoughts US 2-year yields are down by nearly 3.5 bps to 0.48% while 10-year yields are down 2.5 bps to just below 1.55%, as we continue to count…

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Gold Price Outlook: XAU Strength Likely to Continue on Dovish Fed, PCE in Focus

Gold strength may continue in the near term as the Fed stands firm on their transient inflation outlook. Nevertheless, hotter-than-expected PCE figures on Friday pose a potential headwind to XAU/USD. Read more: dailyfx.com

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Clubhouse’s Android Version is Moving Closer, as Competitors Continue to Rise

Clubhouse's Android version is getting closer, as competitors swirl around the app. Read more: socialmediatoday.com

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Silver Prices May Continue Outpacing Gold Despite Rising Inflation Bets

Gold prices continue to move lower despite rising inflation bets. Investors have been friendlier towards silver over the same period, however. Why is there a disconnect? Read more: dailyfx.com

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Gold Price Outlook: XAU/USD Rebounds from a 6-Week Low. Now What?

Gold prices snapped higher after dropping as much as 1.2% before Monday but a stronger USD and fading stimulus hopes may continue to weigh. Traders are eyeing US$ 1,807 for near-term support. Read more: dailyfx.com

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