Dale J Pinkert
Independent Analyst
In today’s TradeGATEHub Live Trading session, Coach Dale explores the potential of option sweeps as indicators of a trading low, providing traders with insights into this often-overlooked signal. He updates on the Australian Dollar’s retracement zones and delves into current market conditions for wheat and natural gas. Meanwhile, Michael provides an update on his trading activities for the day, detailing his high conviction positions supported by price, range, and volume analyses. This session is designed to give traders a comprehensive overview of diverse markets and the strategic tools needed to navigate them effectively.
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GBP/USD extends decline toward 1.3050
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Gold holds modest intraday gains above $2,510
Gold struggles to build on Monday's gains but manages to hold near $2,500 on Tuesday. Investors refrain from taking large positions ahead of Wednesday's highly-anticipated US inflation data for August, limiting XAU/USD's volatility.
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