Neon-Tiger

Good weekend, everybody. First of all, have a good weekend.Then let's look at the gold trend analysis starting next monthFirst, the world situation:Gold fell to a three-day low below $2,650 after the US Bureau of Economic Analysis (BEA) reported that inflation in September was moving closer to the Federal Reserve's (Fed) target. Despite expectations of further interest rate cuts from the Federal Reserve, gold was subdued as traders likely took profits. Currently, XAU/USD is trading at $2,657, down nearly 0.50%.Earlier, the Bureau of Economic Analysis announced that the Fed's preferred inflation measure, the Personal consumption expenditures (PCE) price index, moved toward its 2% target in August. Core personal consumption expenditures also rose slightly from July.Trend:Gold completed 5 gains, H4 frame overall upside. Let's wait for the near-term gold correctionTechnical analysis:Based on the resistance and support areas for gold prices under the H4 framework, I think the following important key areas are these:Resistance: 2685, 2702Support: 2640, 2625, 2580Hello everyone, so far, my analysis of the trend of gold has been absolutely correct. If you think I need to improve or lack, please give me a comment, thank you!When things go exactly as I thought they would, it's easy to make money later. Congratulations to those who followed my signal.Hello everyone, according to CME's Fed Watch: The probability of the Fed cutting rates by 25 basis points by November is 63.3%, and the probability of a 50 basis point cut is 36.7%. The probability of a cumulative 50 basis point cut by December is 32.6%, and the probability of a cumulative 75 basis point cut is 49.6%; The cumulative probability of a 100 basis point cut is 17.8%. This is a big deal for XAUUSD! Please be sure to pay attention and plan your transactions well.

A number of factors, from macroeconomic changes to shifts in market sentiment, have come together to drive this wave of Bitcoin's rise.Here are what I think are the five key reasons behind Bitcoin's latest rally:Rate cuts and inflation hedgesThe Federal Reserve's recent 50 basis point cut in interest rates impacted the market, with Bitcoin benefiting from a weaker dollar and accommodative monetary policy.Bitcoin, like gold, is seen as a non-sovereign asset that is especially popular in times of fiscal excess, especially when U.S. debt levels reach $35 trillion. So far this year, Bitcoin is up 45 percent, while gold is up 27 percent.The cryptocurrency industry is gaining support from both partiesIn addition, cryptocurrencies are gaining political support, with bipartisan support in the United States adding momentum to Bitcoin. U.S. Vice President Holly Huckabee recently voiced her support for digital assets at an event in New York City, the first time the government has explicitly endorsed cryptocurrencies.While Trump's victory may drive further policy support for the cryptocurrency industry, institutional interest in major assets such as Bitcoin is expected to remain strong regardless of the outcome of the election.The Bitcoin ETF is gaining momentumInstitutional inflows into Bitcoin ETFs have been steady. Over the past 10 days, the Bitcoin ETF has attracted $800 million in inflows despite the volatile price.More institutions such as Morgan Stanley will launch Bitcoin ETFs, which could further drive inflows as investment advisers recruit clients.After halving, the miners are more stableBitcoin miners are said to have adapted to the April 2024 halving event and their business has stabilized.Computing power has rebounded, which shows that the mining industry remains resilient and further strengthens Bitcoin's foundation.Easing of selling pressureThe company said the market has absorbed the major bitcoin selling triggered by the U.S. and German governments as well as Mt. Gox's distribution.In addition, MicroStrategy raised $2.1 billion to buy more bitcoin, bringing the company's holdings to 252,220 BTC, or 1.3% of the total supply.These messages are sorted out for everyone in the hope that everyone can use these signals to make profitable transactions for themselves. Hope everyone can win in the market!hope it was helpfulBitcoin Price Signals Market Hesitation, But Here's Why Standard Chartered Is Still OptimisticI think you'll need more signals and analysis, I'll keep updating!