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Gold rally trend is about to end, says Bank of America Securities' Paul Ciana
CNBC Television· 2025-10-06 18:17
Gold Market Analysis - Technical analysis indicates gold prices are in a steadfast uptrend, but the 14-week RSI being stretched well above 80 suggests an overbought market [2][3] - The analysis points to potential psychological resistance at around $4,000 per ounce, with a possible pullback towards $3,720 or even $3,500 in the coming months [3][4][5] - TD sequential patterns suggest the gold trend may be exhausted, requiring confirmation of resistance at $4,000 before a rollover [4] 10-Year Yield Analysis - Converging trend lines indicate a symmetrical triangle pattern in 10-year yields, suggesting a lack of clear trend and a period of consolidation [6] - A long bias is preferred while the candle at approximately 405% holds as yield resistance, but a longer-term consolidation may persist until year-end [7][8] US Dollar Analysis - The US dollar has been in a long-term secular uptrend since the 2008 lows, with a pattern of big up moves followed by three down waves [9][10] - A potential retracement of roughly one-third to one-half of the recent move could bring the dollar index up to approximately 102 to 103 [12]
X @Market Spotter
Market Spotter· 2025-10-02 07:08
As expected, #PEPE broke through resistance and then started to rise.Our "Support and Resistance Levels" indicator perfectly showed the support and resistance levels from which the price is now moving sharply.https://t.co/LihKjS4De5 https://t.co/deaqMgiOwuMarket Spotter (@MarketSpotter):#PEPE is moving within the support and resistance zone shown by our “Support and Resistance Levels” indicator.If PEPE breaks the resistance — growth will continue 🚀If not — we’ll retest support again. https://t.co/wjN6aVet3F ...
X @Crypto Rover
Crypto Rover· 2025-10-02 06:42
Bitcoin just broke above the most important resistance.ATH next? 🚀 https://t.co/XiCtvJvmqv ...
X @Crypto Rover
Crypto Rover· 2025-10-01 13:55
Watch this Bitcoin resistance closely! https://t.co/BiKBmxQyHS ...
X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-10-01 12:46
RT Livercoin (@Livercoin)$USELESS just broke above the local horizontal resistanceI think upper diagonal is next and then we can hope for a final breakout 💥 https://t.co/rG16PHpqaP ...
X @Crypto Rover
Crypto Rover· 2025-09-30 11:36
Bitcoin flipped resistance into support! https://t.co/aahkNdZ5vm ...
X @Crypto Rover
Crypto Rover· 2025-09-24 08:42
The final Bitcoin resistance! https://t.co/XjoUVkigdS ...
X @Ash Crypto
Ash Crypto· 2025-09-23 10:07
Bitcoin just retested the May-June key resistance, aligning with the 1D EMA 100 dynamic support.We should bounce from here https://t.co/a4BGwjfQEW ...