๐จ ALERT: Gold drops below $4,300 as rising oil prices and a tough Fed reduce its appeal.
Gold price (XAU/USD) declines to near $4,275 during the early Asian session on rising oil prices and a hawkish stance from the Federal Reserve.
๐ Possible Market Move:
๐ก GOLD โ Bearish | hawkish Fed stance
๐ต USD/DXY โ Bullish | rising yields
๐งญ Overall today โ ๐ด Bearish (big driver: rising US Treasury yields)
@wells_crypto
Gold price (XAU/USD) declines to near $4,275 during the early Asian session on rising oil prices and a hawkish stance from the Federal Reserve.
๐ Possible Market Move:
๐ก GOLD โ Bearish | hawkish Fed stance
๐ต USD/DXY โ Bullish | rising yields
๐งญ Overall today โ ๐ด Bearish (big driver: rising US Treasury yields)
@wells_crypto
๐1
๐จ BREAKING: Iran's President says US โmust chooseโ whether to end war
Iranian President Masoud Pezeshkian stated that it is up to the United States to decide if it wants to continue its conflict with Iran, as Tehran seeks to avoid further fighting.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Mild bid | geopolitical tensions
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
Iranian President Masoud Pezeshkian stated that it is up to the United States to decide if it wants to continue its conflict with Iran, as Tehran seeks to avoid further fighting.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Mild bid | geopolitical tensions
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐2โค1
๐จ ALERT: Houthi missiles target Saudi military in Jazan; Civil Defence warns of potential threat.
Yemen's Houthi claimed to have launched ballistic missiles and drones at Saudi military installations in Jazan, targeting Taif and Yanbu.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
Yemen's Houthi claimed to have launched ballistic missiles and drones at Saudi military installations in Jazan, targeting Taif and Yanbu.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐5โค2
๐จ ALERT: Gold price forecast shows worst week in a month amid hawkish Fed outlook.
Gold is extending its late rebound from a weekly low of $4,244 but remains below $4,300, heading for its worst week in four weeks due to a hawkish US Federal Reserve outlook.
๐ Possible Market Move:
๐ก GOLD โ Bearish | hawkish Fed outlook
๐ต USD/DXY โ Bullish | Fed rate expectations
๐งญ Overall today โ ๐ด Bearish (big driver: rising US Treasury yields)
@wells_crypto
Gold is extending its late rebound from a weekly low of $4,244 but remains below $4,300, heading for its worst week in four weeks due to a hawkish US Federal Reserve outlook.
๐ Possible Market Move:
๐ก GOLD โ Bearish | hawkish Fed outlook
๐ต USD/DXY โ Bullish | Fed rate expectations
๐งญ Overall today โ ๐ด Bearish (big driver: rising US Treasury yields)
@wells_crypto
โค3๐3
๐บ๐ธ๐ฎ๐ท JUST IN: Iran proposes a "7-day" plan to reopen the Strait of Hormuz and restart peace talks.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven bid
๐ต USD/DXY โ Mild bid | risk-off flows
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven bid
๐ต USD/DXY โ Mild bid | risk-off flows
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐6โค4
๐จ BREAKING: US bond yields hit new highs this week.
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields and a stronger dollar are negative for gold
๐ต USD/DXY โ Bullish | rising yields support dollar
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US Treasury yields)
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields and a stronger dollar are negative for gold
๐ต USD/DXY โ Bullish | rising yields support dollar
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US Treasury yields)
@wells_crypto
โค3๐3
๐จ ALERT: US CPI jumps 3.7% in September, exceeding expectations and signaling ongoing inflation.
๐ Possible Market Move:
๐ก GOLD โ Bearish | higher inflation pressures
๐ต USD/DXY โ Bullish | inflation supports dollar strength
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising real yields vs safe-haven demand)
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | higher inflation pressures
๐ต USD/DXY โ Bullish | inflation supports dollar strength
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising real yields vs safe-haven demand)
@wells_crypto
๐6โค1
๐จ ALERT: Gold and silver drop to FOMC lows as US yields rise; gold tests $4,245 low.
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising US yields
๐ต USD/DXY โ Bullish | higher yields support dollar
๐งญ Overall today โ ๐ก Mixed โบ ๐ด Bearish (flipped) (big driver: rising US Treasury yields)
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising US yields
๐ต USD/DXY โ Bullish | higher yields support dollar
๐งญ Overall today โ ๐ก Mixed โบ ๐ด Bearish (flipped) (big driver: rising US Treasury yields)
@wells_crypto
๐1
๐จ GEOPOLITICAL SHOCK: Iran offers to reopen the Strait of Hormuz within seven days if the US accepts its terms
๐ Possible Market Move:
๐ก GOLD โ Bullish | potential de-escalation and safe-haven bids easing
๐ต USD/DXY โ Bearish | potential de-escalation
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bullish | potential de-escalation and safe-haven bids easing
๐ต USD/DXY โ Bearish | potential de-escalation
๐งญ Overall today โ ๐ด Bearish โ ๐ก Mixed (now unclear)
๐ A big counter-event just hit โ today's read is now UNCLEAR (was bearish); the latest news points bullish. Wait for price.
@wells_crypto
๐2
๐จ ALERT: Hong Kong to launch yuan-denominated gold futures to boost yuan's global status.
Officials aim to position Hong Kong as an international gold hub and boost the yuan's global standing.
๐ Possible Market Move:
๐ก GOLD โ Bullish | new demand channel for gold
๐ต USD/DXY โ Mild bid | yuan strengthening
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: geopolitical tensions and rising real yi)
@wells_crypto
Officials aim to position Hong Kong as an international gold hub and boost the yuan's global standing.
๐ Possible Market Move:
๐ก GOLD โ Bullish | new demand channel for gold
๐ต USD/DXY โ Mild bid | yuan strengthening
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: geopolitical tensions and rising real yi)
@wells_crypto
๐3
๐จ JUST IN: Iran denies talks with the U.S. are real, claims it's a market manipulation tactic.
๐ Possible Market Move:
๐ก GOLD โ Bearish | easing safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US yields vs geopolitical tension)
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | easing safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US yields vs geopolitical tension)
@wells_crypto
โค3๐3
๐จ ALERT: US Treasury yields rise as 30-Year yield hits 22-year high
๐ Possible Market Move:
๐ต USD/DXY โ Bullish | rising yields
๐ก GOLD โ Bearish | higher yields pressure gold
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US yields vs geopolitical tension)
@wells_crypto
๐ Possible Market Move:
๐ต USD/DXY โ Bullish | rising yields
๐ก GOLD โ Bearish | higher yields pressure gold
๐งญ Overall today โ ๐ด Bearish โบ ๐ก Mixed (flipped) (big driver: rising US yields vs geopolitical tension)
@wells_crypto
๐3โค1
๐จ BIG: US 10-year Treasury yield jumps to 5.2%, the highest since just before the 2008 crisis.
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields
๐ต USD/DXY โ Bullish | rising yields
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields
๐ต USD/DXY โ Bullish | rising yields
@wells_crypto
โค4๐1
๐จ JUST IN: US and China agree to cut tariffs on $30 billion in goods after Xi-Trump talks.
๐ Possible Market Move:
๐ก GOLD โ Bearish | tariff relief supports a stronger dollar
๐ต USD/DXY โ Bullish | tariff relief boosts dollar demand
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | tariff relief supports a stronger dollar
๐ต USD/DXY โ Bullish | tariff relief boosts dollar demand
@wells_crypto
โค4๐1
๐จ ALERT: Trump rejects Iran's Strait of Hormuz reopening proposal, raising tensions in oil markets.
Iran's offer was deemed unacceptable by the U.S. President, escalating tensions in the region.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
@wells_crypto
Iran's offer was deemed unacceptable by the U.S. President, escalating tensions in the region.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | risk-off flows
@wells_crypto
โค3๐3
๐ BOND YIELDS: Bond yields surged across major economies this week, with Japanโs 10-year yield hitting 3.08%
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields and stronger dollar pressure gold
๐ต USD/DXY โ Bullish | rising yields support dollar
@wells_crypto
๐ Possible Market Move:
๐ก GOLD โ Bearish | rising yields and stronger dollar pressure gold
๐ต USD/DXY โ Bullish | rising yields support dollar
@wells_crypto
โค1๐1
๐จ BREAKING: Iran captures a second U.S. underwater drone in the Strait of Hormuz
This escalation raises tensions in the region, impacting global shipping routes.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | heightened geopolitical risk
@wells_crypto
This escalation raises tensions in the region, impacting global shipping routes.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | heightened geopolitical risk
@wells_crypto
โค4๐2
๐งญ WEEKEND WATCH โ Gold at Monday's open
Markets reopen ~22:00 UTC Sunday. Weekend news that could gap gold:
๐ด Iran captures second U.S. underwater drone
๐ด US Treasury yields surge to 5.2%
๐ด Trump rejects Iran's Strait of Hormuz proposal
๐ด US and China agree to cut tariffs
Net lean at the open: ๐ด Bearish โ Rising bond yields and escalating geopolitical tensions are likely to weigh on gold at the reopen.
Market sentiment could shift if geopolitical tensions ease.
news-driven ยท not advice
@wells_crypto
Markets reopen ~22:00 UTC Sunday. Weekend news that could gap gold:
๐ด Iran captures second U.S. underwater drone
๐ด US Treasury yields surge to 5.2%
๐ด Trump rejects Iran's Strait of Hormuz proposal
๐ด US and China agree to cut tariffs
Net lean at the open: ๐ด Bearish โ Rising bond yields and escalating geopolitical tensions are likely to weigh on gold at the reopen.
Market sentiment could shift if geopolitical tensions ease.
news-driven ยท not advice
@wells_crypto
๐5โค4
๐จ UPDATE: Trump expects Iran talks this week; key Middle East developments could shake markets.
๐ Possible Market Move:
๐ต USD/DXY โ Bullish | risk-off flows
๐ก GOLD โ Bullish | safe-haven demand
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
๐ Possible Market Move:
๐ต USD/DXY โ Bullish | risk-off flows
๐ก GOLD โ Bullish | safe-haven demand
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
โค2๐ฅ2๐1
๐จ BREAKING: Trump hints at possible military strikes on Iran.
US President Donald Trump stated that he believes the war with Iran will be won "very soon," and additional military strikes before the midterm elections are possible.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | geopolitical tensions
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
US President Donald Trump stated that he believes the war with Iran will be won "very soon," and additional military strikes before the midterm elections are possible.
๐ Possible Market Move:
๐ก GOLD โ Bullish | safe-haven demand
๐ต USD/DXY โ Bullish | geopolitical tensions
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
๐3
๐ GOLD PRICE DROP: Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion
The precious metal drops to around $4,215 during early Asian trading hours on Monday.
๐ Possible Market Move:
๐ก GOLD โ Bearish | stronger US Dollar
๐ต USD/DXY โ Bullish | hawkish Fed signals
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
The precious metal drops to around $4,215 during early Asian trading hours on Monday.
๐ Possible Market Move:
๐ก GOLD โ Bearish | stronger US Dollar
๐ต USD/DXY โ Bullish | hawkish Fed signals
๐งญ Overall today โ ๐ก Mixed (big driver: geopolitical tensions in Strait of Hormu)
@wells_crypto
โค2๐1