Prop firm news

Gold broke below $4,000: gold price fell to a three-month low

On Thursday, October 22, XAU/USD lost more than 2% and dropped to $4,047, and in the Asian session on October 23 it reached **$3,986.74** - the lowest level in three months. The $4,066.64-$4,227.90 corridor, in which the metal had traded for three weeks since the start of October, was broken to the downside.

What Americans expect from US inflation: one-year-ahead already at 4.6%, survey at 17:00 MSK

Today at 17:00 MSK, the preliminary University of Michigan survey will be released. The market's main focus is inflation expectations: in September, the one-year-ahead figure rose from 4.0% to 4.6%, while five-year expectations climbed to 3.4%.

Gold plunged from $4,220 to $4,139 - a seven-week low

Gold first rose to $4,220 after soft US inflation data, but then completely erased its gains and fell to $4,139-4,150. Pressure was intensified by rising US Treasury yields, a strong dollar and more hawkish rate expectations