Gold's Bullish Setup Faces Fed Test as Key Levels Hold
Gold futures hold near-term bullish advantage above $4,350 as traders await the Fed decision, with key resistance at $4,382 in focus.
Gold futures hold near-term bullish advantage above $4,350 as traders await the Fed decision, with key resistance at $4,382 in focus.
Raoul Pal says Bitcoin outperforms gold as a hedge against currency debasement, citing its earlier adoption stage and higher growth potential.
Strive CEO Matt Cole forecasts roughly 50% annual Bitcoin returns into 2030, citing macro trends in the dollar and Treasury rates.
Robert Kiyosaki says the biggest stock and bond crash has begun, tying it to predictions from his 2002 book.
Strike CEO Jack Mallers says US debt-to-GDP over 120% points to inflation, cites Japan's example, and sees Bitcoin as the best hedge.
Gold is pressured ahead of the FOMC decision as markets focus on the dot plot and oil prices.
A Pentagon Inspector General report confirms the Iran war has strained US munitions stockpiles, contradicting administration denials and adding to market…
Gold pulled back to retest key $4,250 support after hitting an August high, with the September 14 low at $4,253.58. A close above the downtrend line could…
Gold prices have fallen below $4,300, with a break of technical support levels potentially triggering a deeper selloff before the Fed decision.
The FCA plans to propose exempting tokenized gold from fund rules, potentially boosting London's gold market competitiveness.
Rather than replacing gold, crypto may tokenise it, as the FCA considers easing rules and tokens like XAUT and PAXG gain traction.
Gold rallied on Friday despite higher inflation, testing $4,300 support. Rate hike bets and oil prices remain key; FOMC decision ahead.
Oil opened with a gap higher and held, as Saudi pipeline damage threatens exports. Goldman Sachs now expects a Fed rate hike.
Crude oil climbed on supply disruptions while crypto and metals declined ahead of the Fed decision.
Gold near $4,347 neckline; CPI data may decide if break to $3,950 occurs. Pattern unconfirmed.