$GOLD

**PivotBoss Pre-Market Video [January 30, 2023]: Crude Oil Breakdown?** JANUARY 30, 2023 — MONDAY AM FOMC Week is here, which means we get another FOMC key level and potential volatility ahead later in the week. But first, the ES, NQ, and YM may look to establish an early range to settle into ahead of the Fed Statement and Rate Decision later Wednesday. Watch yLO, as a rejection of these levels could lead to a bounce back toward wCL above. Crude Oil appears to be breaking down from the large 9-day trading range. If the breakout holds, we could see a move to 70.50 to 72 below. Gold remains highly bullish.

gold dont forget

al momento i posizionamenti lunghi prevalgono sui posizionamenti short sia su Gold 62% long e 38% short che Silver 74% long e 26% short

Gold che ieri ha chiuso una giornata in negativo oggi si vede la candela Daily HA rossa m se andiamo sul grafico settimanale si nota come i minimi di lunedi sorreggano il prezzo e comunque ancora non viene intaccato il trend rialzista . SILVER sul grafico daily rimane in laterale mentre sul settimanale stà dando vita a una candela rossa HA che mi porta a non prendere in considerazione la verde daily HA di mercoledi, situazione incerta le prossima settimana avremo dei chiarimenti maggiori

Gold Long trad

Gold è tutta la settimana che da semplici entrate long sul livello di Open delle candele daily HA

**Market Update – January 26: BOC Pause, TESLA Beat, USD at Lows** HK markets reopened today and rallied +2.15%, other Asian markets were softer following a weak handover from Wall Street (opened -1.6% but recovered to close flat) Gold remains at 9-mth highs and USD at 8-mth lows. The Dovish 25bp hike from the BOC hit the CAD (USDCAD hit 1.3430 from 1.3340); – the key phrase the Bank – “expects to hold the policy rate at its current level while it assesses the impact of cumulative interest rate increases.” Speculation building that the BOC could even be raising rates before year end. __Read More:__ https://analysis.hfeu.com/en-eu/655678/

Gold ieri nuovi massimi di periodo oggi prese di profitto con un -50% giornaliero

By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day Lunar New Holiday. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.9% to 557.65 and was set for its fifth straight day of gains. The index has gained 10% so far in January, buoyed by expectations of a strong economic rebound in China and by hopes that most major central banks are nearing an end to hefty rate rises. Trading was thin on Thursday with Australia closed for a holiday and certain parts of Asia, including China, still away for the Lunar New Year. The buoyant mood looked set to continue in Europe, with the Eurostoxx 50 futures up 0.58%, German DAX futures 0.58% higher and FTSE futures up 0.30%. Traders betting that the U.S. Federal Reserve will soon tone down its aggressive rate hike policy got a lift after the Bank of Canada on Wednesday raised rates but became the first major central bank to say it would likely hold off on further increases for now. After a series of super-sized rate hikes last year, the U.S. central bank is now largely expected to raise rates by a smaller 25 basis points next week on signs that inflation is cooling. While analysts expect the Fed to eventually pause its interest rate hikes this year, for some the meeting in February is a bit too early for that. "We believe the Fed will make a special effort to avoid suggesting that the end of the tightening process is in sight," said Kevin Cummins (NYSE:CMI), chief economist at NatWest Markets. Cummins said it was likely that the committee would go out of its way to keep the official policy statement free of anything that could be construed as a suggestion that a pause might be under consideration just yet. The spotlight will be on the U.S. GDP data due later on Thursday. The report could mark the last quarter of solid growth before the lagged effects of the Fed's jumbo rate hikes kick in. "The U.S. GDP release today will be of key interest to gauge whether the market expectations shifting in favour of a soft landing rather than a recession can continue to hold," Saxo strategists said in a note to clients. The prospect of a less aggressive pace in monetary tightening has stoked expectations of a so-called soft landing - a scenario in which inflation eases against a backdrop of weakening but still resilient economic growth. Hong Kong's Hang Seng Index surged 1.7% in its first day of trade in the Year of the Rabbit, while Japan's Nikkei fell 0.25%. Investor attention will also be on the Bank of England and European Central Bank meetings due next week, with traders looking for clues as to when the central banks are likely to turn dovish. In the currency market, the dollar index, which measures the U.S. currency against six major rivals, was at 101.64, not far off the eight-month low of 101.51 it touched last week. The Japanese yen strengthened 0.22% to 129.32 per dollar, while sterling was last trading at $1.2394, down 0.05% on the day. The yield on 10-year Treasury notes was down 2.1 bps to 3.441%, while the yield on the 30-year Treasury bond was down 3 bps to 3.595%. A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at -68.7 bps. The inversion of this curve has predicted eight of the last nine recessions, analysts have said. Oil prices were steady after U.S. crude stocks rose less than expected. U.S. West Texas Intermediate (WTI) crude rose 0.09% to $80.22 per barrel, while Brent was at $86.05, down 0.08% on the day. [O/R] Gold prices touched a nine-month high, with spot gold at $1,945.55 per ounce, after hitting $1,949.09 earlier in the day.

By Arundhati Sarkar (Reuters) - Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter economic growth figures. Spot gold was down 0.6% to $1,925.75 per ounce at 1320 GMT, after hitting its highest since late April on Tuesday. U.S. gold futures dropped 0.4% to $1,927.20. The U.S. Commerce Department is expected to unveil its initial advance fourth-quarter GDP estimates on Thursday, which could set the tone for the Federal Reserve's Jan. 31-Feb. 1 policy meeting. Gold's losses, after the peak recorded on Tuesday, resulted from a technical correction as investors closed positions in order to lock in profits ahead of the release of the data, said ActivTrades senior analyst Ricardo Evangelista. "The overall sentiment is positive, with the Fed expected to adopt a more benign posture and announce a 25bp rate hike, when it meets next week. If confirmed, the scenario will be negative for the U.S. dollar and treasuries, offering support to gold." Lower interest rates tend to be beneficial for bullion, decreasing the opportunity cost of holding the non-yielding asset. The dollar index, meanwhile, held steady, making gold less appealing for other currency holders. [USD/] Traders expect the Fed to scale back its rate hike pace further after slowing its policy tightening spree to 50 basis points (bps) last month after four straight 75-bp hikes. Fears around possible recession were also offering support to gold, analysts said. U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across both the manufacturing and services sectors for the first time since September. Among other precious metals, spot silver fell 0.9% to $23.4537 per ounce and palladium lost 1.1% to $1,723.35. Platinum snapped a three-day winning streak, having shed 1.7% to $1,038.76 on the day.

Gold falls as dollar holds ground, traders eye U.S. data

**PivotBoss Pre-Market Video [January 25, 2023]: Early Selling Pressure** JANUARY 25, 2023 — WEDNESDAY AM The ES and NQ have broken through yLO and are currently seeing quite a bit of selling pressure, with more downside likely ahead. Short of a strong low and a recovery of yLO, these markets appear poised for more weakness toward wMID below. Crude Oil has developed a narrow 7-day range around the previous year's close price. An 8-point breakout move could be ahead. Gold remains bullish, and pullbacks remain buying opportunities.

By Ambar Warrick Investing.com -- The Australian dollar rallied to a five-month high on Wednesday after fourth-quarter consumer inflation read higher than expected, while most Asian currencies moved little as fears of a global recession offset optimism over a potential economic recovery in China. The Australian dollar jumped nearly 1% to 0.7115 against the dollar, its strongest level in over five months. Data showed that Australian CPI inflation rose more than expected in the December quarter, likely heralding more interest rate hikes by the Reserve Bank. While high inflation and rising interest rates are likely to also dent the Australian economy, higher borrowing costs also make the Australian dollar appear more attractive. The Reserve Bank had hiked rates by a cumulative 400 basis points in 2022 to curb inflation and had also defended the currency against further depreciation to the greenback. ING said in a note that the Reserve Bank of Australia will have to raise rates by at least another 50 basis points in the coming months to curb rising price pressures - a scenario that favors the Australian dollar. The Singapore dollar jumped 0.4% to a near five-year high after data showed that core consumer inflation grew more than expected in December. The trend is also expected to invite more tightening measures by the Monetary Authority of Singapore. Broader Asian currencies retreated amid increased concerns over a U.S. recession, after overnight data showed business activity shrank for a seventh straight month. But the dollar saw little safe haven demand, with the dollar index and dollar index futures moving little in Asian trade. Expectations that U.S. interest rates will rise at a slower pace saw investors pivot into gold as their preferred safe haven, while the Japanese yen also benefited in recent sessions. But most risk-driven Asian currencies saw scant bids, amid fears that slowing economic growth could dry up capital flows to the region. The Chinese yuan was largely unchanged in holiday trade, while the offshore yuan added 0.2%. The Japanese yen fell 0.2%, while Indonesian rupiah slid 0.5%. Fears of a recession largely offset optimism over a potential Chinese economic recovery. Traders are betting that the economy will be boosted by the Lunar New Year holiday, especially after it relaxed most anti-COVID restrictions and reopened its borders earlier this year.

**PivotBoss Pre-Market Video [January 24, 2023]: Fade After Trend Day** JANUARY 24, 2023 — TUESDAY AM The ES, NQ, and YM are pulling back into yday's range, as a full-on Fade After Trend Day develops. If the markets can maintain acceptance above yMID, we could see a return to yCL later in the day, as the markets continue to work higher toward the Dec FOMC key levels above. Crude Oil needs a test at 83.52, and Gold pullbacks remain buying opportunities until proven otherwise.

Good Morning, US stock futures are modestly lower ahead of premarket earnings releases Dollar and Treasuries are flat Gold and Silver moderately higher Oil flat, NG higher PMI data out at 9:45am Trade Well

**PivotBoss Pre-Market Video [January 23, 2023]: Gold Remains Bullish** JANUARY 23, 2023 — MONDAY AM The ES, NQ, and YM are trading within very narrow ranges ahead of the RTH open, and each remains within larger compression patterns that continue to build out. Eventually, a breakout from these patterns could trigger a major expansion phase. Until then, we likely see more back and forth price action. Crude Oil appears poised to test the 83.52 key level, and Gold remains extremely bullish, with an upside target of 2000 ahead.

Good Morning, US stock futures pretty flat premarket. Dollar and Treasuries are little changed Crude and NG are trading higher Gold and Silver little changed China names still climbing Trade well

Gold non risponde alla Super Sgommata che ha fatto USDJPY molto strano questo comportamento

Good Morning, US stock futures are mixed premarket, Techs with relative strength driven by $NFLX earnings release, $GOOG job cuts Dollar and Treasuries are marginally higher Gold lower, Silver higher Crude higher, NG lower China stocks higher, trying to get above daily 200ma Trade Well

By Peter Nurse Investing.com - European stock markets are expected to open higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight monetary policy. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40 futures in France climbed 0.8%, while the FTSE 100 futures contract in the U.K. rose 0.5%. European stocks have had a strong start to the year, with Germany’s DAX up over 7% year-to-date, helped by hopes that the expected economic slowdown in 2023 will not be as severe as previously feared. However, these gains remain tenuous, with European Central Bank President Christine Lagarde warning, at the World Economic Forum in Davos, Switzerland on Thursday, that inflation figures remained "way too high", reiterating the need for aggressive monetary policy decisions. Additionally, ECB officials were divided over whether to raise interest rates by 50 or 75 basis points in December, according to minutes from the ECB's policy meeting last month. The central bank eventually settled on hiking its deposit rate by 50 basis points, edging down slightly from three straight larger 75 basis-point increases rolled out earlier in 2022. This tightening has had an impact on German producer prices, which fell 0.4% on the month in December, an annual increase of 21.6%, but this was not as big a reduction as expected. The Bank of England also hiked by 50 basis points in December, having lifted interest rates by a combined 325 basis points in 2022 alone, to their highest since late 2008. This resulted in disappointing news for retailers over the festive period, as U.K. retail sales fell 1% on the month in December, an annual drop of 5.8% as the monetary tightening and the cost of living crisis weighed on discretionary spending. In corporate news, Ericsson (ST:ERICb) is likely to be in the spotlight after the Swedish telecommunications company reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United States. Oil prices rose Friday, on course for a second straight positive week, on continued optimism that the brightening outlook for the Chinese economy will result in increased demand from the world’s largest crude importer. Earlier this week, in their monthly reports, both the Organization of Petroleum Exporting Countries and the International Energy Agency forecast that a Chinese economic recovery will spur record-high crude demand in 2023. This confidence has helped the market look past data showing a bigger-than-expected build in U.S. inventories, after the Energy Information Administration reported an increase of over 8 million barrels on Thursday. By 02:00 ET, U.S. crude futures traded 0.4% higher at $80.94 a barrel, while the Brent contract rose 0.4% to $86.48. Both closed 1% higher on Thursday, near their highest closing levels since the start of December. Additionally, gold futures rose 0.3% to $1,929.25/oz, while EUR/USD traded 0.1% higher at 1.0832.

gold green line h4 get at target

**PivotBoss Pre-Market Video [January 19, 2023]: Major Rejection Days** JANUARY 19, 2023 — THURSDAY AM The ES and NQ each saw major rejection days in the prior session, with the YM leading the way down. If these are Day 1 rejections, then more weakness could be seen ahead. Can bulls reclaim yCL to keep the trend alive? Gold has a narrow 4-day range that could yield a 60 point move ahead.

Good Morning, US stock futures are marginally higher Dollar and Treasuries are ticking lower Gold and Silver are moderately higher Crude 2% higher, NG 5% lower China names a little higher, recouping some of yesterday's drop Trade Well

gold was expect to reach 1,500 within 5 years , but it only got to 1600 within 3 years

gold had a 20 drop from firsr red day , is typically a good 10 take profit . . .

GOLD continua a lavorare l'area compresa tra i 1900 / 1925 $ conun posizionamento dei retail short del 62% contro il 38% posizionati lunghi

By Stella Qiu SYDNEY (Reuters) - The Japanese yen tumbled and bonds notched their biggest rally in two decades on Wednesday after the country's central bank stuck to its ultra-easy monetary policy, defying expectations that it would start phasing out its massive stimulus programme. Speculation in the bond market that the BOJ would tweak its yield curve control (YCC) settings at the meeting that concluded on Wednesday had pushed 10-year government bond yields above the policy cap of 0.5% for a fourth straight session. The bank, however, maintained ultra-low interest rates, including its 0.5% cap for the 10-year bond yield. The 10-year yield fell as much as 15 basis points - the biggest drop since November 2023 - to a low of 0.36%, after hitting an intraday high of 0.51% before the BOJ announcement came through. It last traded at 0.395%. Japan's Nikkei share index meanwhile surged 2.5%, the biggest gain since mid-November, bucking the downtrend seen elsewhere. The dollar also gained 2.5% against the Japanese yen to 131.4 yen, in its biggest percentage daily rise since March 2020. Elsewhere, stocks dipped, with MSCI's broadest index of Asia-Pacific shares outside Japan easing 0.2%, after weak earnings from Goldman Sachs (NYSE:GS) overnight dragged the Dow Jones index 1% lower. The investment bank reported a bigger-than-expected 69% drop in fourth-quarter profit. European markets are set to open slightly higher, with the pan-region Euro Stoxx 50 futures rising 0.3%. S&P 500 futures and Nasdaq futures were both up 0.1%. In a Reuters poll, 97% of economists expected the BOJ to maintain its ultra-easy policy at the meeting. "It was a tough day for the bond vigilantes who were positioned to bully the BOJ into a policy change not justified by their economic forecasts," said Sean Callow, a senior currency strategist at Westpac. "For sure, the BoJ will have its hands full in the JGB market in coming weeks, but with no new forecasts at the March meeting, speculators in both JGBs and JPY should cool their heels a little and adjust their expectations." Mahjabeen Zaman, head of FX Research at ANZ, now expects any further rises in the Japanese yen might have to be delayed until April when a new BOJ governor is expected to be in place. "I guess Kuroda has sort of done the groundwork with widening the band in December, He's done the groundwork for the new governor to get on board and take it from there." Zaman expects the yen to appreciate to 124 per dollar by end 2023 and 116 per dollar by end 2024. Just a month ago the BOJ shocked markets by doubling the allowable band for the 10-year JGB yield to 50 basis points either side of 0%. The change emboldened speculators to test the BOJ's resolve Mizuho Bank analysts said in a note that the BOJ adjusting YCC or pushing interest rates above zero was just a matter of time and execution, given the pressures arising from its divergence from monetary policy elsewhere. A survey of global fund managers by BofA Securities out on Tuesday showed that expectations of further appreciation in the Japanese yen in January were the highest in 16 years. The dollar index, which measures the safe-haven dollar against six peers, rose 0.4% at 102.84. It has been undermined lately by falling U.S. bond yields as markets wager the Federal Reserve can be less aggressive in hiking rates. Longer-dated bonds elsewhere also rose. In the Treasury market, the yield on benchmark 10-year Treasury notes slid 5 basis points to 3.4848%. Oil prices jumped on hopes of Chinese demand rebounding. Brent crude futures rose 0.8% to $86.56 while U.S. West Texas Intermediate (WTI) crude settled up 0.8%, at $80.85. At the World Economic Forum in Davos on Tuesday, German Chancellor Olaf Scholz said he was convinced Europe's largest economy would not fall into a recession. China's Vice Premier Liu He also welcomed foreign investment and declared his country open to the world after three years of pandemic isolation. Data on Tuesday showed China's economic growth had slumped in 2022 to 3.0% - the weakest rate in nearly half a century. Spot gold eased 0.6% to $1899.23 per ounce.

**PivotBoss Pre-Market Video [January 17, 2023]: Bitcoin Rallies** JANUARY 17, 2023 — TUESDAY AM The ES, NQ, and CL each remain within short term rallies, which have developed within longer term declines. Will more upside be seen toward the previous quarterly highs, or will mMID give out first? Gold remains within a very bullish trend, and is likely working higher toward 2000. Bitcoin has begun the year in strong fashion, and the market structure suggests more upside to 25k if 18k can hold.

Good Morning, US stock futures are modestly lower 0.1-0.3%. Dollar is lower, while Treasuries are higher to start the day Gold and Silver are moderately lower Crude and NG are both trading higher Follow your trading plan and make some money

GOLD chiude la settimana sopra il livello settimanale 1891.54 $ e rimane con una impostazione rialzista il posizionamento delle posizioni corte superano quelle lunghe con un 65% vs 35%

und zur Thematik Gold. Die industrielle Produktion hat einen Nutzen keine Frage. Ist aber der kleinere Teil, der viel größere wird für Schmuckproduktion oder Wertespeicher verwendet

Dann ist damit meiner Meinung nach die Diskussion auch Beendet. Können gerne mal einen längeren Talk über darüber haben ob und wenn was für einen nutzen BTC hat. Gerne mal aber nicht Freitag Abends^^ > @action said: So , Jonathan und nun die Antwort. Du hast Recht, diese Diskussion kann man unendlich ausdehnen. Ich versuche das auf den Kernpunkt zu bringen. Wenn Energie (heute ist das weltweit eben überwiegend mit CO2 Ausstoss verbunden, da die Erneuerbaren immer noch eine kleine Rolle spielen) benutzt wird, sollte das eben auch einen Nutzen haben, ob das Abbau von Rohstoffen (eben auch Gold, braucht man auch industriell) ist, Produktion, Fortbewegung oder eben auch eine warme Bude ! SO, und jetzt kommt unser Dispens. M.E. hat eben bitcoin keinerlei Nutzen. braucht man für GAR NIX.

So , Jonathan und nun die Antwort. Du hast Recht, diese Diskussion kann man unendlich ausdehnen. Ich versuche das auf den Kernpunkt zu bringen. Wenn Energie (heute ist das weltweit eben überwiegend mit CO2 Ausstoss verbunden, da die Erneuerbaren immer noch eine kleine Rolle spielen) benutzt wird, sollte das eben auch einen Nutzen haben, ob das Abbau von Rohstoffen (eben auch Gold, braucht man auch industriell) ist, Produktion, Fortbewegung oder eben auch eine warme Bude ! SO, und jetzt kommt unser Dispens. M.E. hat eben bitcoin keinerlei Nutzen. braucht man für GAR NIX.

Ist das Schürfen von Gold Ressourcenverschwendung? Wieso ist etwas Ressourcen Verschwendung, wenn Energie am Arsch der Welt gewonnen wird wo sonst keine Zivilisation ist? Beispiel Sibirien/Nordnorwegen. Erneuerbare Energien Verfügbar ohne Ende, aber keiner der sie nutzen könnte > @action said: das ist Resourcen-Verschwendung ohne Sinn

**PivotBoss Pre-Market Video [January 13, 2023]: Buy the Dips in Gold** JANUARY 13, 2023 — FRIDAY AM The ES, NQ, and YM have pulled back from Thursday's close and are trading deep within yday's range. If the markets can find a strong morning low, we could see a moderate bounce into the close. Failure to get back above yMID, however, will suggest a return to yLO. Crude Oil continues a modest rally, but could find resistance soon. Bulls will look to buy the dips in Gold, as it remains extremely bullish.

Gold rimane con una impostazione rialista e si avvicina sul livello dei 1915.19 $, ieri ha chiuso al di sopra del livello settimanale 1891.54 $ con un posizionamento dei traders shortisti al 69% contro un posizionamento del 31% piazzati a rialzo

when gold turns a single red day , go all in

Gold settimanale HA su time frame a1 ora HA

Gold si trova a fare i conti con la vecchia resistenza settimanale HA del 2021 livellone 1891.54 $

**PivotBoss Pre-Market Video [January 12, 2023]: Big Moves on CPI Data** JANUARY 12, 2023 — THURSDAY AM The ES, NQ, and YM each saw big moves after CPI data was released, with strong lows leading to new highs. These markets are at key pivots in the charts, as acceptance above mMID could open up mHI ahead, while a rejection of mMID suggests a return to lows. Where will we finish the day? Gold remains highly bullish as it tests 1900.

Good Morning, US stock futures are flat this morning ahead of CPI data release Asia closed green and Europe is trading about 0.5% higher Dollar and Treasuries are slightly lower Gold and Silver are modestly higher Crude and NG are 1-2% higher Inflation Data and Weekly unemployment numbers at 8:30 China stocks taking a breather in the premarket Trade Well

**PivotBoss Pre-Market Video [January 11, 2023]: Key Levels to Watch** JANUARY 11, 2023 — WEDNESDAY AM OUTLOOK RECORDING: Thank you for joining me for our PivotBoss Monthly Outlook for January 2023! Click the following link to watch the recording: The ES, NQ, and YM remain within Monday's range, and are trading higher within the range at the moment. We could see further range-bound action ahead, with an upward bias. Expect the market to find a range ahead of inflation data Thursday morning. Gold remains very bullish, and pullbacks remain buying opportunities.

gold is bound to hit 1,800 within a year , so just wait it in . . .

need gold to plummet so I can buy my wife a new pair of earrings for her bday

gold going for another dip , -20

Good morning, US stock futures are marginally higher early, trading above and below yesterdays close throughout the night. Asia closed higher, Europe trading higher across the board Dollar and Treasuries are flat Gold and Silver both trading higher Crude and NG modestly higher Mortgage Applications and Oil Inventories for econ reports today CPI data tomorrow is a market moving report Trade Well

**PivotBoss Pre-Market Video [January 10, 2023]: Join Me Today!** JANUARY 10, 2023 — TUESDAY AM NOTE: Please join me for our first PivotBoss Monthly Outlook of 2023! We'll talk candidates for January and for Q1, and we'll also discuss some industry groups you should focus on. We'll also take your requests. Join us today (Tuesday, January 10) at 4pm CT. Use the following ZOOM link to join: https://us06web.zoom.us/j/86910148010 The ES, NQ, and YM each saw reversals from Monday's intraday highs, which gives us a good pivot to work with in the near term. We could see a bit of increased volatility this morning with Fed Chair Powell due to speak. Watch yLO for early signs of intraday directional conviction. Gold remains strong, and Crude Oil bulls need above 77.

Good Morning, US stock futures are down slightly, trying to regain all of overnight losses ahead of the open. Dollar and Treasuries are modestly higher Gold and Silver mixed but little changed Crude 1% higher, NG back well below $4 down 5% Trade well

By Selena Li HONG KONG (Reuters) - Asian shares fell on Tuesday, commodities shed recent gains from China's reopening, and oil traded lower following hawkish comments from two U.S. Federal Reserve officials overnight, with investors turning cautious ahead of key inflation data. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.17%. "The main theme overnight was cautiousness in the equity space as stocks pared gains after hawkish comments from two Fed officials. Raphael Bostic and Mary Daly said the Fed would likely hike (interest) rates to above 5% and hold them there for some time," Commerzbank (ETR:CBKG) said in a client note. The S&P500 index began the week on a bullish tone with a more than 1.4% increase in early U.S. trading on Monday before giving up all the gains to close a touch lower. U.S. treasury notes and the U.S. dollar remained under pressure, with the yield on U.S. 10-year notes edging higher on Tuesday by 2.23 basis point to 3.5393%, from 3.517% late on Monday. The dollar index stayed flat. "Sentiment may turn more cautious ahead of the U.S. CPI (consumer price index) release on Thursday, dampening the 'risk on' trades initiated as a result of the optimism around China's reopening," Mizuho Bank said in a note. If U.S. consumer price data confirms the cooling seen in the most recent monthly jobs report, Atlanta Fed Bank President Bostic said he would have to take a quarter point increase "more seriously and to move in that direction". China stocks on Tuesday snapped a six-session winning streak, while Hong Kong shares jumped to a six-month high. However, any optimism may be short-lived, said Trinh Nguyen, emerging Asia economist at Natixis in Hong Kong. "I think what would temper a lot of this optimism coming up is really the reality of this opening up. Even in Hong Kong, although it is officially open, the visa issuance has been rather slow," Nguyen said. China's benchmark edged up from earlier losses to gain 0.15%, while losses of Hong Kong's Hang Seng index narrowed to 0.15%. Prices of most base metals fell on Tuesday from recent rallies driven by top consumer China's reopening, as traders gauged the risks of a global economic downturn and weak consumption. Three-month copper on the London Metal Exchange was down 0.8% at $8,786 a tonne, as of 0422 GMT. Copper prices hit their highest in more than six months on Monday, while zinc climbed 5% on Monday to its highest since Dec. 15 Japan's Nikkei rose 0.35%, bucking the regional trend. Core consumer prices in Tokyo, released on Tuesday, rose a faster-than-expected 4.0% in December from a year earlier, underpinning market expectations that the Bank of Japan may phase out its massive stimulus by tweaking its yield curve control policy. In Australia, shares lost 0.28%. Oil edged lower on Tuesday on expectations of further Fed rate hikes. U.S. crude fell 0.5% to $74.26 per barrel and Brent was at $79.20, down 0.56%. Gold prices inched higher, adding 0.15% to $1,872.70 an ounce. E-mini futures for the S&P 500 indicated a sluggish open with a 0.17% dip.