Trade gold like a pro!

Patterns, tips, and tricks from an FBS analyst ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [FBS&FCB&LCFC]( [Personal area]( [Forex news and more]( Especially for you this week: 1. A gold mine of information 2. Weekly economic calendar 3. Fed Pretends to Control the Market 4. Weekly outlook [Trading gold effectively]( VIDEO LESSON Trading gold effectively In today’s video lesson, our analyst Eduard Melkostupov will share essential tips on how to deal with gold in trading. A 6-minute video features patterns and tricks that help traders predict this asset’s movements. Moreover, at the end of the video, Eduard will cast light on his outlook on gold’s prospects. Are you ready to gain useful knowledge? Click the button below and explore! How to change the language of subtitles? The video is in English, but you can turn on subtitles in your language. Just hit the ‘Settings’ button and choose ‘Auto-translate’ in the ‘Subtitles’ section. [Watch now]( [Weekly Economic Calendar]( May 11, All day OPEC meetings If OPEC increases supply, oil prices will fall. [Trade XBRUSD, XTIUSD.]( May 11, 15:30 MT time US CPI If the US CPI is greater than forecast, the USD will likely gain. [Trade EURUSD, USDCAD, GBPUSD.]( May 12, 15:30 MT time US PPI If the US PPI disappoints, traders will sell the USD. [Trade EURUSD, USDCAD, GBPUSD.]( [Check calendar]( * MetaTrader time (MT time) is the server time of the trading platform — MetaTrader. It’s the same as GMT+3. Check MT time at the top of the ‘Market Watch’ window or on the time axis of the price chart with the 1-minute timeframe. [tips] To see MT time in the mobile app, go to the ‘Quotes’ screen. For MetaTrader 5, it’s placed under a currency pair. For MetaTrader 4, in the ‘Advanced’ section, above a currency pair. [tips] [FRESH ANALYTICS]( Fed Pretends to Control the Market On May 4, the US Federal Reserve revealed the federal funds rate for the next two months. Even though a 50 basis points hike was widely expected, the future is not so clear. Before the FOMC statement came out, the market expected a 75 basis point hike in July 2022. In the statement, Fed chair Jerome Powell said the central bank has no reason to hike rates so aggressively. Thus, the next rate hike will likely be not 75 but 50 basis points, which is positive for every risk asset. US500 gained almost 3% after the statement. The next moves will be volatile due to the changes in seasonal demand for stocks. Positive news from the Fed will boost the index, but not for long. As for the best hedge against inflation, gold, prolonged inflation is usually a bullish factor. Even with shrinking inflation, prices will keep rising. Thus, the USD will feel weaker for months, if not years. [Learn more]( Weekly outlook [New video]( is out now! May 10-13 Forex news coverage & trading tips [weekly]( [telegram] Subscribe to [FBS Analytics]( Telegram channel with Forex news [how-to-start] Go to [FBS website]( and learn how to start trading on Forex [fbs] If the preparation is hard, the process is likely to be effortless. Eduard Melkostupov, FBS analyst [Trade now]( [Contact us]( | [Personal area]( You received this email because you registered at [fbs.com](. If you have any questions, please contact us via email at support@fbs.com. [google_play]( [apple_stor]( Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web version]( | [Unsubscribe]( | [About Us]( FBS is always by your side since 2009 [fbs]