$Endeavour Silver(EXK)$ $iShares Gold Trust(IAU)$ $FedEx(FDX)$ $General Mills(GIS)$ 

🎯📉🎯📈 FED Week Frenzy: Gold, Silver & Miners Soar Amid Key Earnings!🎯📉🎯📈🎯

Kia ora Tiger traders!

It’s Fed Week, and the markets are heating up! With Gold and Silver surging, plus some major earnings reports on deck, there’s no better time to get ready for action. ☕📈

Key Events This Week:

📅 Tuesday – August Retail Sales Data

🏗️ Wednesday – August Building Consents Data

💸 Wednesday – Fed Interest Rate Decision

📢 Wednesday – Fed Press Conference

🏭 Thursday – Philly Fed Manufacturing Index

🏘️ Thursday – August Existing Home Sales Data

🟡 Gold Update: Rally Before the Fed Decision

🔥 Gold futures (GCmain) are currently at 2606.2, climbing 0.99%, as traders flock to the safe-haven metal ahead of the Fed’s decision. Concerns over geopolitical tensions and inflation continue to push gold higher.

💡 Silver Surge: China Demand, Weak Dollar & Fed Speculation

🔥 Silver futures (SIMAIN) have jumped to 31.065, a 3.18% increase for the day.

This is powered by:

   •   China’s increased silver consumption for solar panels and EV production.

   •   A weaker US dollar as expectations grow for a larger Fed rate cut this month.

💥 Reuters reports that silver miners are also tracking this rise:

   •   Endeavour Silver Corporation (EXK) rose by 2.54%

   •   Spot silver climbed to 30.68/oz amid these bullish trends.

📈 Chart Check: Silver & EXK Bullish Momentum

📊 Silver is aiming for 31.50 and could potentially break through to 32.00 if momentum continues.

💡 Endeavour Silver (EXK) is currently trading at 3.60, showing strong bullish momentum on the 4-hour chart. The expanding Keltner Channels and Bollinger Bands signal further upside. Keep an eye on resistance at $3.80.

Earnings to Watch This Week 📊:

Here’s the lineup of key earnings releases you don’t want to miss:

Monday:

      •   IPA 🧬 (ImmunoPrecise Antibodies)

      •   HITI 🍃 (High Tide)

      •   RFIL 📡 (RF Industries)

      •   VNCE 👗 (Vince Holding)

Tuesday:

      •   FERG 🛠️ (Ferguson)

Wednesday:

      •   GIS 🥣 (General Mills)

      •   SCS 🪑 (Steelcase)

      •   SANG 📞 (Sangoma Technologies)

Thursday:

      •   DRI 🍽️ (Darden Restaurants)

      •   FDX 🚚 (FedEx)

      •   FDS 💻 (FactSet Research Systems)

      •   LEN 🏡 (Lennar)

      •   CBRL 🥞 (Cracker Barrel)

      •   MLKN 🪑 (MillerKnoll)

Friday:

      •   TBN ⛽ (Tamboran Resources)

💼 Key Focus:

   •   FedEx (FDX) 🚛 will be a major watch, especially with rising fuel costs impacting shipping margins.

   •   General Mills (GIS) 🥣 may face challenges with inflation hitting commodity prices, will they manage to maintain their profit margins?

🧐 Tiger Traders, What’s Your Play?

Are you riding the silver wave 🌊 with me in $EXK?Share your trading strategies below! 💬👇

What’s the best strategy for trading silver miners like EXK and silver futures during volatile weeks like this? Should we expect silver to continue its rally post-Fed@TigerGPT 

Happy trading ahead. Cheers, BC 🍀

@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion