Dow Jones
- Resistance: The September 23 record high of 47,055.
- Support: 46,500, 46,000, the 50-day EMA (45,607).
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Nasdaq 100
- Resistance: October 2 record high of 25,077 and 25,250.
- Support: 24,500, 24,000, and the 50-day EMA (23,930).
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#xauusd#NASDAQ100#dax18#DAX#DAX125#ger30#us100#XAUUSD
Dow Jones
- Resistance: The September 23 record high of 47,055.
- Support: 46,500, 46,000, and then the 50-day EMA (45,497).
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#GOLD has rallied to a record high of $3819.85 this morning partly buoyed by this shutdown uncertainty, with the lead up to Chinaโs Golden Week (October 1-7th) also historically bullish for metals.
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#XAGUSD is in strong bullish momentum, breaking above $35 after holding $28. Despite short-term overbought conditions, the trend points toward $48โ$50. Any dip to $41โ$42 offers a solid long-term buying opportunity.
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๐จ #Gold Market Update ๐จ
Gold remains firm above $3,750 after record highs.
Stay sharp โ dips remain opportunities in this strong uptrend. ๐นโจ
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#Nasdaq100
- Resistance: September 22 record high of 25,027 and 25,250.
- Support: 24,500, 24,000, and the 50-day EMA (23,638).
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๐Gold (XAU/USD) Outlook
Bias: ๐ Strong Bullish โ dips are considered key buying opportunities.
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#DowJones
Resistance: September 19 record high of 46,738 and then 47,000.
Support: 46,500, 46,000, and then the 50-day EMA (45,155).
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๐ US Dollar 2025 Timeline
From 110 โ 96.20, DXY is down 12.5% this year after Fed cuts. The dollar keeps losing ground! ๐ตโ ๏ธ
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โ ๏ธFed FOMC Updateโ ๏ธ
๐ป Fed cuts rates 25bps to 4.25% (first since 2024)๐ Dot-Plot: 2 more cuts ahead
๐ฌ Miran pushed for 50bps
๐ Jobs risk flagged
โก๏ธ Watch USD, Gold & Indices for volatility!
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๐ S&P 500 awaits Fedโs first rate cut since 2022. History favors rallies, but risks from high valuations remain.
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