23/08/2026
Weekly Market Outlook | August 24–28 📊
Last week the USD took a hit. Gold gained 5%+ and broke above $4,600. Bitcoin jumped around 22% and approached $80,000. GBP/USD pushed higher.
Now the real question: was that the start of a bigger trend, or are markets due for a correction?
What we're watching this week: 🟡 Gold — can $4,600 hold? ₿ Bitcoin — can it consolidate above the breakout? 💷 GBP/USD, USD/JPY, USD/CAD — all tied back to the dollar
The big catalysts: Tuesday — US Consumer Confidence Wednesday — US PCE Inflation, Q2 GDP revision, NVIDIA earnings Thursday–Friday — Jackson Hole, Fed Chair speech, Consumer Sentiment
Expect volatility. A hot PCE print or a hawkish Fed message could flip the picture quickly.
Trader takeaway: don't chase last week's move. Watch the USD, watch Treasury yields, and let price confirm the narrative.
📌 Save this for the week.
⚠️ Trading involves significant risk. Educational content, not investment advice.