• Gold gaps higher on geopolitical tension
• Market caution may keep metal buoyed
• Watch out for US CPI report on Thursday
• Failure to close gap may see prices test 21-EMA
• Keep eye on $1885 level 

Friday’s post-NFP price action saw gold bounce off levels not seen since March 2023 at $1810, to post its first bullish candlestick since September 19th.

• Oil surges over 5% on geopolitical uncertainty
• Middle East tensions fuel concerns over crude supplies
• Keep eye on OPEC/EIA monthly report
• Brent gaps higher but still under pressure on D1 chart
• Keep eye on $89.70 dynamic resistance level 

Oil prices were in sharp focus on Monday after surging on geopolitical tensions following the weekend attack on Israel.

• Big week for SPX500_m thanks to host of key risk events
• Watch out for US CPI, Fed speeches & big bank earnings
• SPX500_m bearish but RSI flirting around oversold territory
• Fresh fundamental spark could trigger big move
• Keep eye on strong support above 200-day SMA

Even as the countdown looms to the highly anticipate

• USDInd textbook uptrend approaches weekly resistance
   
• 4 potential targets, if uptrend persists
   
• Warning: Bearish divergence spotted

• Strong US JOLTS data pushes USDJPY beyond 150.00
• Currency pair later experiences aggressive selloff
• Weak yen supporting speculation of government intervention
• However, market still guessing what triggered spike in yen 
• USDJPY remains bullish with 150 key level of interest

Investors were in a frenzy on Tuesday after the USDJPY collapsed almost 300 pips in a matter of minutes.

• Bitcoin pulls back after soaring to 6-week high
   
• Prices broke beyond neckline of “inverse head-and-shoulders”
   
• $30k handle could be attained if pattern plays out
   
• ADX, RSI indicators also suggest more immediate headroom

• AUDNZD has kicked of Q4 breaching 1.0720 support
• Antipodean central bank decisions could move AUDNZD further
• Neither RBA nor RBNZ expected to raise interest rates
• However, fresh insight on future policy moves could spark volatility
• Relative Strength Index (RSI) flirting near oversold territory

A central bank mashup featuring the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) could trigger a significant move in the AUDNZD this week.

If you thought the last few days were explosive for gold prices, then wait until you see what next week has in store!

• US government shutdown may further slow economic momentum

• Fed could be prevented from one last rate hike

• Market reaction from 2018 shutdown may repeat itself

• US dollar may weaken, but not much

• Gold, US stock indexes could recover

• Market stabilize after sharp selloff in previous session
• SPX500_m could test 200-day SMA
• NQ100_m breaks key daily support
• STOX50_m wobbles above 4100
• UK100_m trapped in wide range 

Some semblance of stability returned to global equity markets on Wednesday as rate hike fears cooled after a sharp selloff in the previous session.