π $SOL TO $130?
SOL broke out from around $95 and is now near $120. If momentum continues and resistance breaks cleanly, $130 could be next. The strength from consolidation is clearβnow letβs see if SOL can deliver!
π₯ Double Bottom Breakout! π Two lows at support form the βWβ pattern, while the neckline marks key resistance. A strong close above it can confirm the breakout. π’ Entry on breakout or retest, π SL below structure, π― target based on pattern height.
π΄ The US Core PCE Price Index (MoM) came in at 0.2%, against an estimate of 0.3%. The annual rate stands at 2.7%. Dollar weakness and declining yields are having a direct positive impact on gold and major currency pairs.
@Nefertiti8T Good morning! ππ½πΉ Wishing you a beautiful day filled with happiness, positivity, and countless blessings. Stay blessed and keep smiling! βοΈβ¨
π₯ Gold (XAU/USD) Record-Breaking Update: Spot gold has reached a new all-time high today, trading at $4,153.00. This strong upward trend is being sustained by significant bullion acquisitions by central banks and geopolitical hedging during the Asian and European trading session
EUR/USD is currently testing the 1.0850 resistance zone. Order flow indicates that institutional desks have established heavy sell walls. I anticipate a correction back towards 1.0810. #EURUSD#ForexTrading
JPMorgan notes that $84,948 the average cost to mine standard Bitcoin is serving as a solid price floor.
Whenever BTC dips toward this level, miners step in as active buyers to defend their costs and cushion the downside. π·
πΊπΈ U.S. STOCKS GAIN MOMENTUM AS OCTOBER BEGINS
π Investors are closely monitoring fresh economic signals and the interest-rate outlook as markets open the new month.
β‘οΈ Wall Street remains focused on the next major market catalyst.
βΏ BITCOIN MARKET WATCH
Bitcoin is trading around $86,300.08, as investors monitor price action and broader market sentiment.
π BTC remains above the $86K mark, keeping attention focused on the cryptocurrency market.