Gold closed at $4,156.10 (-0.60%) and silver at $60.29 (-1.72%), giving back ground during the New York session.
Cooler PCE data cut October hike odds from about 71% to 37%, but long-term yields rose anyway: the 10Y near 5.30% and the 30Y around 5.65%. Oil and Hormuz risks are keeping inflation concerns in play.
For Thursday, I’m watching the edges of the range: gold $4,136–$4,210 | silver $60.00–$61.18.
Friday’s 8:30 ET NFP is the next test for rate expectations. Softer jobs could support me...
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BTC is resting at a crossroads, waiting for a 1h close to break it.
⚪ $BTC /USDT: NO TRADE YET, waiting for one side to break
Bias: NEUTRAL · 2 bullish vs 1 bearish
Two scenarios, no position yet:
🟢 Scenario A: LONG on a 1h close above 83958.61 (top of the resistance zone)
Trigger 83958.61 → targets 84900.97 / 85529.21 / 86471.57, stop 82702.13
🔴 Scenario B: SHORT on a 1h close below 82500.10 (bottom of the support zone)
Trigger 82500.10 → targets 81557.74 / 80929.50 / 79987.14, stop 83756.5...