Gold has new swagger this week, hovering near records while big banks sharpen their pencils and nudge targets higher. Spot gold has settled around $3,759 per troy ounce on Sunday, Sept. 28, after tagging $3,783 two days ago on Sept. 26—a fresh peak that has bullion fans talking. Wall Street’s base case is simple: softer […]Gold has new swagger this week, hovering near records while big banks sharpen their pencils and nudge targets higher. Spot gold has settled around $3,759 per troy ounce on Sunday, Sept. 28, after tagging $3,783 two days ago on Sept. 26—a fresh peak that has bullion fans talking. Wall Street’s base case is simple: softer […]

Gold Kisses Record Again as Banks Chase $4K Calls Into Year-End

2025/09/29 01:20
Gold Kisses Record Again as Banks Chase $4K Calls Into Year-EndGold has new swagger this week, hovering near records while big banks sharpen their pencils and nudge targets higher. Spot gold has settled around $3,759 per troy ounce on Sunday, Sept. 28, after tagging $3,783 two days ago on Sept. 26—a fresh peak that has bullion fans talking. Wall Street’s base case is simple: softer […]
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Bitcoin (BTC) Dips and Rallies Post-Fed Rate Cut: What’s Next for Prices?

Bitcoin (BTC) Dips and Rallies Post-Fed Rate Cut: What’s Next for Prices?

The post Bitcoin (BTC) Dips and Rallies Post-Fed Rate Cut: What’s Next for Prices? appeared on BitcoinEthereumNews.com. The expected Federal Reserve rate cut was announced on Wednesday. True to form, market makers sold Bitcoin down to $114,800. Then the price rebounded hard, stopping just short of $118,000. Is this rally just getting started? 3 more rate cuts to come? A failing US jobs market undoubtedly forced the hand of the Federal Reserve, and not only were 25-basis points cut on Wednesday, but analysts are predicting a further 3 monthly cuts through to the end of the year. These easier financial conditions are likely to be beneficial for Bitcoin and the crypto market in general. Dip, then strong rally Source: TradingView The 4-hour chart for $BTC shows that the price rallied strongly after the initial dump going into the FOMC meeting rate cut announcement on Wednesday. Once the price had hit a bottom, which coincided with the lower trendline of the ascending channel and the top of the small bull flag, it then rebounded vigorously. Currently, the bulls are battling with the $117,500 horizontal resistance. This is the last big level to overcome before the $BTC price can head on back to the all-time high. A candle body pierced through the resistance level but a candle will have to open above in order to break this resistance. A tale of two resistances Source: TradingView The daily chart presents a nice clear picture of what is in front of the $BTC price. It can be observed that the price is right up against the first of the two resistances. If $117,500 falls, $120,000 will be next. The second of these two resistances is also likely to have the top trendline of the ascending channel acting as resistance at the same time, so this could prove even more difficult to break. That said, a break of $120,000 would most definitely…
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BitcoinEthereumNews2025/09/18 17:39
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