Author: Arslan Butt

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

Whales Buy 323,523 ETH Worth $1.12B as Analysts Predict Ethereum’s $10K Rally

Posted on by Arslan Butt

Ethereum (ETH) has grabbed market attention again, as on-chain data shows whales dumped 323523 ETH, worth a pretty penny at $1.12 billion, right when the market dipped. Big-time buying like that aligns with what analysts have been saying for a while now: this could be the start of a brand-new upswing that sends ETH all the way to $10,000.

Blockchain tracking company Lookonchain tracked whale wallets as they went on a buying spree over the past week while ETH pulled back from its highs. Analysts think this is a good sign that Whales are sticking with ETH in the long run, especially since they jumped in at a time when everyone else is being super cautious.

Now that the uncertainty has passed, the market is feeling more optimistic, even if still a bit guarded. CrediBull Crypto is going out on a limb, saying the recent dip was a healthy correction before ETH really starts to take off. They also think ETH is in a retracement phase at the moment, which is usually a sign that a really big upswing is just around the corner – you know, the kind of upswing that could send the price of ETH into the stratosphere.

Key Highlights of Whale Accumulation

  • Whales bought over 323,000 ETH in just 2 days ($1.12 Billion)
  • Coin Bureau says BitMine Immersion is in for a further $300M in ETH, bringing their total to $13.7 Billion
  • SharpLink also picked up $78.3M in ETH from FalconX

Ethereum (ETH/USD) Technicals Are Starting to Look Promising

At the moment, Ethereum is trading at $3,309, steadying out after breaking below the $3,359 support. The charts are looking a bit like they might be about to reverse at this point, and even the technicals are starting to point in that direction.

The Directional Movement Index (DMI) is saying that the bears are losing steam, and even the momentum indicators are showing that not many people are looking to sell ETH at the moment. If ETH can hold onto that key $2,800 support point, there are some big upside targets to look forward to – $3,906, $4,290 and $4,959. That would get ETH into the $10,000 territory at long last.

Ethereum Price Chart - Source: Tradingview
Ethereum Price Chart – Source: Tradingview

Large Buyers Keep Pumping Up Optimism

Well its not just the Whales that are feeling positive that Ethereum is a good long-term bet. BitMine Immersion adding $300M, and SharpLink picking up $78.3M in ETH (again, from FalconX) is making big buyers even more confident that ETH is on its way up.

Analysts are also noting that big players like this tend to buy up when things are quiet – and that usually spells good times ahead. And when you put all that together with the fact that on-chain data is showing that big buyers are stepping in at a time when the market is being cautious, it all starts to look like a perfect storm that could propel ETH to that $10,000 milestone.

XRP Set for Major Shift: Teucrium CEO Predicts Big Moves by Late November

Posted on by Arslan Butt

Late November might be the moment when XRP’s fortunes change direction, according to Teucrium ETF’s CEO Sal Gilbertie, who is betting big on rising institutional investment and renewed interest in Ripple’s rapidly expanding ecosystem. Speaking to Ray Fuentes at the 2025 Ripple Swell conference, Gilbertie reckons we’re at the start of a decade-long shift in how traditional finance operates, saying, “This is the start of a decade-defining transformation.”

Interestingly, he’s saying this just before the Canary XRP ETF launches on November 13th, which is expected to draw significant institutional capital and make XRP more mainstream. Gilbertie points out that, with regulation, technology, and product innovation coming together at the same time, it’s setting the stage for solid, long-term adoption of blockchain.

It’s also worth noting that Citibank has predicted that $5 trillion in assets will be tokenised within five years, which is a big deal because it would finally bring blockchain technology into the mainstream of the financial world. Gilbertie says this is a very rare occasion when “infrastructure and opportunity are finally in alignment.”

Ripple Swell 2025 Marks a Turning Point

The Ripple Swell 2025 conference really showed how far blockchain has come in gaining credibility in the global financial system. Ripple’s CEO, Brad Garlinghouse, made it clear that XRP is a key part of cross-border payments.

At the same time, the company’s president, Monica Long, said, “Digital finance is moving faster than any prior financial innovation has ever done.”

One notable example was when Nasdaq’s Adena Friedman discussed how blockchain is increasingly integrated into capital markets and that traditional exchanges will work more closely with the crypto sector. Gilbertie told XRP holders to be patient, saying, “Volatility always fades as more and more large-scale investors get in.”

Policy and Innovation Start to Latch On

Regulation is also becoming more friendly to blockchain. We saw for ourselves at Ripple Swell with Patrick Witt, the US digital asset advisor, talking to Garlinghouse, and later at SmartCon with Sergey Nazarov from Chainlink, where he said there is genuine co-operation between governments and the industry. Witt said the policy outlook for blockchain is “looking pretty good” and that there is a real effort to get blockchain and financial modernisation working together.

Now, as November ticks on, the launch of the Canary XRP ETF, the growing number of big money investors getting in, and the strengthening of ties between governments and industry could all combine to shape XRP’s next major upswing – one that might determine which direction it heads in 2026.

MetaPlanet Secures $100M Loan to Boost Bitcoin Treasury After One-Month Halt

Posted on by Arslan Butt

Japan’s MetaPlanet Inc. will resume Bitcoin treasury purchases after a one-month pause, fueled by $100 million in new funding secured through a crypto-backed loan. The Tokyo investment firm confirmed the financing on October 31, saying it used part of its existing Bitcoin portfolio as collateral.

The move marks MetaPlanet’s return to its aggressive accumulation strategy, strengthening its position as one of the world’s largest institutional Bitcoin holders. Its treasury now totals 30,823 BTC, valued at roughly $3.33 billion, ranking fourth globally.

The company said the new loan equals just 3% of its total Bitcoin reserves, ensuring a comfortable collateral buffer against volatility. Management reaffirmed a “conservative leverage approach” designed to protect liquidity and long-term balance sheet stability.

New Capital, Clear Priorities

MetaPlanet plans to deploy the $100 million across three initiatives:

  • Expanding Bitcoin holdings as part of its treasury growth plan.
  • Launching yield-generating projects, including cash-collateralized coin options.
  • Repurchasing shares when market conditions are favorable.

The funding falls under a broader $500 million credit facility approved on October 28, with flexible repayment terms. The firm’s 75-billion-yen equity acquisition cap remains in place to support future buybacks.

Target: 210,000 BTC by 2027

This marks MetaPlanet’s first Bitcoin acquisition since October 1, when it added 5,268 BTC at $116,870 each. Its Bitcoin portfolio has returned nearly 497% year-to-date, underscoring the success of its buy-and-hold approach.

Following a $1.4 billion global share offering, more than double its initial target, MetaPlanet reaffirmed its long-term goal of accumulating 210,000 BTC by 2027, cementing its role as a leader in corporate Bitcoin adoption across Asia.

Elsewhere, institutional momentum remains strong: Hyperscale Data Inc., a U.S. tech firm, recently increased its Bitcoin reserves to $73.5 million, equivalent to 61% of its market capitalization.

As MetaPlanet returns to the market, its disciplined expansion and strategic funding signal renewed institutional confidence in Bitcoin amid global financial uncertainty.

Strategy Inc. Launches 3.5M Shares to Boost Bitcoin Holdings and Investor Yield

Posted on by Arslan Butt

Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) are issuing 3.5 million Euro-denominated Series A Perpetual Stream Preferred Stock (STRE) as of November 3rd, which is offering a 10% annual dividend.

The stock is registered under the US Securities Act of 1933 & are specifically designed to attract institutional investors who are on the lookout for a hybrid financial instrument that combines the familiarity of traditional finance with a toe in the waters of digital assets.

Its not going to be open to just anyone, the offering is restricted to investors in the European Economic Area and the U.K. , & the strategy is to keep retail participation out of this deal.

The net proceeds from this deal are going to go towards general corporate purposes, that includes buying more bitcoin & meeting the companies working capital needs. As far as analysts are concerned, this is another example of Strategy Inc looking to solidify their bitcoin-centric capital allocation model.

Key details of the offering include:

  • 10% annual dividend which will be paid out to investors quarterly – first payment due on December 31, 2025
  • The dividend accrues interest at a rate of up to 18% a year
  • The company retains the right to redeem the shares
  • The company also has the option to buy back the shares in the case of “Significant market changes”

Why Hybrid Securities are a Hit with Investors

Institutional investors are getting more and more interested in asset-backed securities that combine traditional dividend income with exposure to cryptocurrency. Strategy Inc is tapping into this growing demand with the STRE offering which is bridging the gap between conventional finance and the digital asset economy.

Its worth noting that Strategy Inc has assembled a top-notch team to manage this offering – Barclays, Morgan Stanley, Moelis & Co, SG Americas Securities, TD Securities, Canaccord Genuity, and Stonex Financial are all going to be working together to bring this offering to sophisticated investors who are looking for yield as well as a solid shot at strategic exposure to bitcoin.

Strategy Inc’s Bitcoin Buying Spree

The offering comes at a time when Strategy Inc are making a big push to buy more and more bitcoin. Over the course of the week ending November 2nd, they got in on the action and purchased 397 Bitcoin for around $45.6 million, which works out to a whopping $114,771 per coin.

Analysts are saying that Strategy Inc are making a concerted effort to not only issue equity but also to buy up more and more bitcoin – this is being seen as a savvy move to not only strengthen the company’s balance sheet but also to increase their market influence. By tying their traditional equity instruments in with the performance of digital assets, Strategy Inc is positioning itself as a market leader in the space.

Investor takeaway:

  • The balance sheet gets a boost from the equity issuance
  • Bitcoin holdings increase and – as a result – market influence
  • Institutional investors get an attractive 10% dividend yield to boot

Zohran Mamdani Wins NYC Mayor’s Race What It Means for Crypto and the City

Posted on by Arslan Butt

Zohran Mamdani has publicly won the New York City mayoral election beating former governor Andrew Cuomo in a highly watched contest that attracted interest from both political and cryptocurrency circles. His win which was strongly backed by prediction markets like Polymarket heralds a new chapter in the city’s progressive movement as well as possible shifts in the financial and technological landscape.

Prediction Markets Get It Right Again

Blockchain-based forecasting systems had already predicted the result before to election day.

Above 92% of players on Polymarket bet on Mamdani’s victory with a $1 million position demonstrating a high level of confidence in his lead. Similar outcomes surfaced on Myriad Markets, confirming prediction markets’ increasingly solid reputation for correctly predicting election outcomes.

From Donald Trump’s victory in the 2024 presidential election to the Democratic primary in New York earlier this year they always delivered true forecasts.

Zohran Mamdani: Who Is He?

Zohran Mamdani age 34 was up in New York City but was born in Uganda. A Democratic Socialist and former member of the state assembly he run on a platform of taxing the city’s top 1% earners in order to address housing, childcare and affordability.

With the help of a broad grassroots coalition Mamdani became the first Muslim mayor of New York City making his victory historic. Social justice, economic equity and openness in government were the main topics of his campaign.

Mamdani’s Stance on Crypto

Mamdani has been wary about cryptocurrency in contrast to rival Andrew Cuomo and former mayor Eric Adams. He has hardly discussed digital assets in public and has prioritized consumer safety over advancing the cryptocurrency sector.

Mamdani supported Attorney General Letitia James’s bill in 2023 to safeguard small investors following the demise of FTX and the Terra stablecoin. He declared,

“Small investors from low-income communities suffer when cryptocurrency companies fail not the rich.”

Additionally citing environmental concerns he co-sponsored a bill to halt proof-of-work cryptocurrency mining using local energy sources.

Reaction of the Crypto Industry 

The cryptocurrency and finance sectors in New York have had differing opinions about Mamdani’s victory. Tyler Winklevoss a co-founder of Gemini, and investor David Sacks voiced concern that his actions could slow innovation and drive away tech companies.
Bill Ackman a billionaire hedge fund manager even gave more than $1 million to political committees against Mamdani during the campaign. In the meantime Cuomo was supported by the pro-crypto organization Innovate NY PAC which hoped for a more business-friendly government.

  • In response to the criticism, Mamdani said,
  • “He’s spending more money against me than I would even tax him.”

How Much Power Does the Mayor Have Over Crypto?

Experts claim the mayor has no direct effect over cryptocurrency, despite the industry’s worries. State and federal authorities, not City Hall, are responsible for the majority of securities and financial regulations.

The mayor can still have an impact on things like business permits, licensing, and tax incentives, which may have an effect on how local cryptocurrency companies function.

The majority of cryptocurrency activity in New York is already governed by the BitLicense regime, thus businesses are mainly shielded from changes in city-level regulations.

In the future Mamdani will take office on January 1, 2026. It is expected that he would continue to prioritize consumer safety housing affordability, and economic justice. His regulation of cryptocurrency will probably be more concerned with maintaining sustainability and fairness than with outright prohibition.

The cryptocurrency sector in New York is now keeping an eye on Mamdani’s progressive plans to see if they will present any new chances or barriers for one of the most significant financial hubs in the world.

Canada Unveils 2025 Stablecoin Framework to Boost Trust and Transparency

Posted on by Arslan Butt

Canada has prepared a major step toward regulating stablecoins by announcing plans in its 2025 federal budget to pass laws guaranteeing fiat-backed stablecoin issuers maintain complete reserves, robust risk controls and transparent redemption rules. The action represents a sea change for Canada’s digital asset market and is similar to previous U.S. legislation.

Canada’s Plan for Stablecoin Oversight

The Canadian government intends to implement a new legal framework for fiat-backed stablecoins which are digital tokens linked to currencies such as the Canadian or US dollar, according to the budget that was made public on Tuesday. It will be necessary for issuers to:

  • Ensure that you have enough reserves to support issued tokens.
  • Adopt reliable risk management techniques.
  • Protect financial and personal information.
  • Give users clear redemption guidelines.

The Bank of Canada will play a key role in supervising such efforts with a $10 million contribution spread over two years beginning in fiscal year 2026–2027.After that the fees from stablecoin issuers governed by the Retail Payment Activities Act will pay the $5 million yearly oversight costs.

According to officials the objective is to improve the speed, security, and transparency of Canada’s payments system.

Taking the U.S. Lead

This decision was made four months after the US passed the historic GENIUS Act, which established regulations for stablecoins. Global norms are already being influenced by the U.S. framework which is putting pressure on nations like Canada to adopt similar policies.

The new legislation is part of a larger payments modernization program designed to improving Canadians’ online transactions according to authorities even though the Canadian government has not yet announced a timeframe for its introduction.

Lucas Matheson, CEO of Coinbase Canada, praised the action saying CBC that the changes will “change how Canadians interact with money and the internet forever.”

Institutional Demand Driving Adoption

One of the fastest-growing areas of digital finance is stablecoins. The U.S. Treasury expects that as more financial institutions use them, the worldwide market cap which currently stands at $309.1 billion, may rise to $2 trillion by 2028.

Stablecoin-based payment methods have already been included or intentions to use them have been announced by major players like Western Union, SWIFT, MoneyGram and Zelle.

Tetra Digital, which has secured $10 million to create a digital Canadian currency, is at the forefront of the Canadian scene. The National Bank of Canada, Wealthsimple and Shopify are supporting the project which is an indication of the increasing cooperation between traditional banks and fintechs.

No Central Bank Digital Currency — For Now

It’s interesting to note that Canada shelved plans for a central bank digital currency (CBDC) in September 2024, which coincided with the effort to regulate stablecoins. Tiff Macklem the governor of the Bank of Canada at the time stated that there was “no compelling case” to issue one because the current payment mechanisms were effective.

Actually Canada seems to be concentrating on fostering innovation in the private sector under tight regulation guaranteeing stablecoins are secure, reliable and linked into the larger financial system.

Vivopower Bets $5M on First XRP-Backed Weathercoin for Climate Trading

Posted on by Arslan Butt

Vivopower International Plc – the guys on the Nasdaq with the ticker VVPR – are really starting to push XRP into the mainstream financial world, with a $5 million investment that should start making their presence felt. Just a week or so ago on Nov 3rd, they announced a partnership with Kweather Co. Ltd. (if you’re wondering what that is KOSDAQ ticker 104460) which is South Korea’s top weather data provider, to start up an XRP reserve and roll out a brand new climate focused token called Weathercoin – they’re claiming it as the very first of its kind.

The deal, which they think they’ll wrap up by Nov 30th, sets Kweather up as the first publicly listed Korean company to let investors have a direct finger on the pulse of XRP. That’s not all, though. The agreement also has Vivopower snapping up a 20% stake in Kweather through their digital assets arm, Vivopower Federation. And in return, they get two of the five board seats—and one of those seats is for Adam Traidman, some bloke who used to work at Ripple Labs.

  • The investment is $5 million for a 20% stake.
  • They get 2 out of 5 board seats, and one of them is an ex-Ripple man.
  • They think the whole thing will be wrapped up by November 30th.

XRP and Climate Intelligence get cozy

This deal should signal a new trend: digital assets integrated into sustainable investing, which many smart money players are betting on. What’s happening here is that Kweather is going to buy XRP and stash it in its digital asset treasury. They will use the cash from the share sales to buy some of Vivopower’s shares.

Dong Sik Kim, who is the CEO of Kweather, was pretty chuffed when he said, _”We are stoked to be partnering with Vivopower and launching our XRP and blockchain division. “_Kevin Chin, the exec Chairman over at Vivopower, said the Weathercoin is going to be a risk management tool and really help South Korea become one of the largest XRP markets out there.

Blockchain and Sustainability Integration

Weathercoin is going to be the first token backed by XRP—and that’s the kind of thing that should get a lot of people talking. By backing the token with XRP, Vivopower and Kweather are giving investors a real chance to get in on the action—and take part in the rapidly growing digital asset market.

  • First-of-its-kind climate token backed by XRP.
  • Getting blockchain and sustainability on the same team.
  • Looks like XRP is going to be the bridge that links those DeFi guys to real-world economy systems

Loads of industry analysts say this is just the beginning and should really help push XRP forward in global markets. With Weathercoin, XRP will play a much bigger role in the world of digital finance, helping people invest in solutions that are good for the planet.

Oil Price Prediction: WTI Faces Pressure at $61.50 as Dollar Strengthens

Posted on by Arslan Butt

Oil prices edged lower on Wednesday, mirroring a global risk-off sentiment as a stronger U.S. dollar and rising stockpiles pressured crude benchmarks. Investors weighed supply-side developments and macro headwinds, with WTI crude trading near $60.59, still struggling to regain momentum after last week’s slide.

Strong Dollar and Market Volatility Weigh

Global markets faced heightened volatility after an overnight tech selloff on Wall Street rippled through Asia, prompting investors to flee risk assets. The U.S. Dollar Index (DXY) held near a three-month high, buoyed by mixed signals from Federal Reserve policymakers, who appear divided on whether another rate cut is warranted this year.

A stronger greenback typically dampens oil demand by making it more expensive for foreign buyers. “Crude oil is trading lower as risk sentiment turned sharply negative, strengthening the safe-haven dollar,” noted IG analyst Tony Sycamore.

Adding to the pressure, the American Petroleum Institute (API) reported a surprise buildup in U.S. crude inventories for the week ending October 31, a sign that supply remains robust despite recent OPEC+ curbs.

Meanwhile, OPEC+’s decision to modestly raise output by 137,000 barrels per day in December, followed by a production pause in early 2026, did little to bolster sentiment. LSEG analysts said the move “is unlikely to offer meaningful support” for prices through year-end.

WTI Crude Oil (USOIL) Technical View: Key Resistance at $61.50

From a technical standpoint, WTI crude remains constrained under a descending trendline stemming from the October peak of $63.85. The 4-hour chart shows repeated rejections near $61.50, which align with the 50-EMA and reinforce short-term bearish pressure.

Recent Doji and spinning top candles underscore indecision around current levels, while the RSI near 49 signals muted momentum and early bearish divergence. Support lies at $60.05 (38.2% Fibonacci retracement), followed by $59.26 (50%) and $58.50, where buyers previously re-emerged.

A decisive close above $61.50 could spark a rebound toward $62.58–$63.85, while a drop below $59.25 risks accelerating losses toward $57.40.

Oil Price Chart - Source: Tradingview
Oil Price Chart – Source: Tradingview

WTI Crude Oil (USOIL) Trade Setup and Outlook

Short-term traders may consider selling between $61.00–$61.50, with a stop-loss above $62.60 and profit targets at $59.25 and $58.50. Alternatively, a confirmed breakout above $61.50 could flip sentiment bullish, inviting a quick move toward $63.80.

For now, oil’s outlook remains cautiously bearish, with macroeconomic pressure, dollar strength, and supply resilience keeping the path of least resistance tilted lower, at least until demand data or Fed clarity sparks a new directional shift.

Silver Price Prediction: Bulls Target $49 as Demand and Dollar Shift

Posted on by Arslan Butt

Silver (XAG/USD) is trading near $47.79, climbing steadily after rebounding from its ascending trendline support around $46.91 — a level that has consistently attracted dip buyers since late September. The metal’s technical setup and improving macro backdrop suggest that momentum could soon tilt in favor of the bulls.

Silver (XAG/USD) Fundamentals: Demand Rebounds, Dollar Softens

From a fundamental perspective, silver’s rebound coincides with easing U.S. dollar strength and growing optimism about a recovery in industrial demand. The U.S. dollar index (DXY) has retreated slightly from its three-month highs after recent Federal Reserve comments hinted at a cautious approach to further rate cuts. Markets now price a 65% chance of another cut in December, down from 90% last week, signaling mixed expectations that are keeping precious metals in play.

At the same time, industrial consumption, which accounts for over 50% of global silver use, continues to strengthen. Rising demand from solar energy, electric vehicles, and semiconductor manufacturing has reinforced silver’s role as both a safe-haven asset and a key industrial metal.

Meanwhile, ongoing concerns over a potential U.S. government shutdown and slowing global growth have boosted safe-haven interest. Investors are positioning silver as a dual hedge against both market volatility and the dollar’s pullback.

[[XAG/USD-graph]]

Silver (XAG/USD) Technical View: Buyers Reclaim Control

Technically, silver’s chart shows an ascending trendline guiding the market higher since early autumn. After a brief test of $46.91, the metal printed a hammer candle, followed by a bullish confirmation bar, a classic reversal pattern that signals renewed buying strength.

The 20-EMA now sits just below price action, acting as near-term dynamic support, while the RSI at 47 continues to recover from oversold levels, showing improving momentum.

A breakout above $47.95 could accelerate gains toward $49.33, a resistance zone that capped several October rallies. Clearing that level opens the path to $50.87, where a double-top formation previously triggered heavy profit-taking.

Conversely, a decisive drop below $46.90 would expose $45.58, aligning with the broader ascending channel support.

Silver Price Chart - Source: Tradingview
Silver Price Chart – Source: Tradingview

Silver (XAG/USD) Trade Setup: Watching for Breakout Confirmation

A long entry may be considered on a sustained move above $47.95, targeting $49.33 and $50.87, with a stop-loss at $46.80. Traders seeking confirmation can wait for a bullish engulfing candle or a three-white-soldiers pattern to validate an upward continuation.

Silver’s price structure remains constructive, supported by strong fundamentals and improving sentiment. If buyers maintain control above trendline support, the next leg higher toward $49–$51 could develop swiftly, potentially marking the start of silver’s November rebound.

Gold Price Prediction: Bulls Defend $3,940 Support as U.S. Data Looms

Posted on by Arslan Butt

Gold prices recovered on Wednesday as bargain hunters stepped in after bullion dipped to a near one-week low. The precious metal traded around $3,974, buoyed by renewed safe-haven demand amid global market uncertainty and a cautious tone from the Federal Reserve.

The U.S. dollar index (DXY) hovered just below a three-month high, limiting gold’s upside but failing to spark significant selling pressure. According to Jigar Trivedi, senior currency analyst at Reliance Securities, “It’s just bargain buying and broader risk-off sentiment supporting gold.”

Asian equities mirrored Wall Street’s overnight weakness as investors reassessed valuations, further driving funds toward defensive assets like gold.

Fed Pause Keeps Traders Guessing

The Federal Reserve’s rate cut last week provided temporary support for bullion, but Chair Jerome Powell hinted it may be the final reduction this year. Market data from the CME FedWatch Tool shows a 69% chance of another rate cut in December, down from over 90% before Powell’s remarks.

A prolonged U.S. government shutdown has disrupted key data releases, forcing investors to rely on private metrics such as the ADP National Employment Report, due later in the day. Stronger-than-expected payrolls could briefly pressure gold, while a soft reading might reignite rate-cut bets and boost bullion.

[[XAU/USD-graph]]

Gold, a non-yielding asset, typically benefits from lower interest rates and heightened economic uncertainty, both of which may resurface if labor data weakens.

Gold (XAU/USD) Technical View: Bulls Hold the Line

From a technical perspective, gold remains in a constructive uptrend, holding above its ascending trendline support near $3,940. A Doji candle followed by a bullish confirmation bar suggests buyers are regaining control.

GOLD Price Chart - Source: Tradingview
GOLD Price Chart – Source: Tradingview

The 20-EMA near $4,045 continues to cap upside momentum, but a breakout above this level could trigger a rally toward $4,142. Meanwhile, the RSI at 47 shows improving momentum from oversold levels, hinting at near-term strength.

A break below $3,940, however, may expose support zones at $3,883 and $3,795, inviting renewed dip-buying interest.

Trade Setup: Traders may look for long entries above $3,980, with stops under $3,935 and targets at $4,045–$4,142.

Gold Outlook & Summary:

Gold stands at a pivotal level — steady above $3,940 but capped by $4,045 resistance. With Fed policy uncertainty and U.S. jobs data ahead, volatility could define the next big move in bullion prices.