Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
FUNDAMENTAL
OVERVIEWThe bullish momentum in
gold waned recently despite lots of tailwinds like lower real yields, looser
financial conditions and lower US dollar. It’s certainly not been the same
since the late January crash, and the major difference is that the Fed has
pivoted away from the dovish stance.Nonetheless, gold should
remain supported amid the positive US-Iran deal expectations which should keep any
downside limited. Everything now hinges on
US-Iran talks. If negotiations were to collapse again, we might get a bigger pullback,
but as long as the ceasefire holds, the losses should remain limited. On the
other hand, a peace deal might give gold another boost to extend the rally into
new highs. For a much stronger rally, gold would need the Fed to pivot back to a
dovish stance.GOLD TECHNICAL
ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can
see that gold is continuing to slowly edging higher as the bullish momentum
waned. The natural target for the buyers is the downward trendline around the
5,000 level. If the price gets there, we can expect the sellers to step in with
a defined risk above the trendline to position for a drop into the major upward
trendline. The buyers, on the other hand, will look for a break to increase the
bullish bets into the 5,400 level next.GOLD TECHNICAL ANALYSIS – 4
HOUR TIMEFRAMEOn the 4 hour chart, we
have a trendline defining the bullish momentum. The buyers will likely lean on
the trendline with a defined risk below it to keep pushing into the major downward
trendline. The sellers, on the other hand, will look for a break to pile in for
a drop into the major upward trendline around the 4,100 level.GOLD TECHNICAL ANALYSIS – 1
HOUR TIMEFRAMEOn the 1 hour chart, we
have a minor downward trendline defining the current pullback into the upward
trendline. The sellers will likely continue to lean on the trendline to keep
pushing into new lows, while the buyers will look for a break to pile in for a
rally into new highs. The red lines define the average daily range for today.
This article was written by Giuseppe Dellamotta at investinglive.com.
💡 DMK Insight
Gold’s recent dip despite favorable conditions is a red flag for traders: With ETH currently at $2,348.40, the correlation between gold and crypto markets could signal a shift in risk appetite. As the Fed’s pivot from dovish to a more hawkish stance takes hold, traders should be cautious. A stronger dollar and rising yields typically pressure gold, which could spill over into crypto as investors reassess their portfolios. If gold fails to regain momentum, it may indicate broader market weakness, potentially impacting ETH and other assets. Watch for key support levels in gold around $1,800 and resistance near $1,950. If gold breaks below support, it could trigger a sell-off in risk assets, including cryptocurrencies. Conversely, if it manages to rally, we might see a renewed interest in ETH as a hedge against inflation. Keep an eye on the Fed’s next moves and any economic data releases that could influence market sentiment.
📮 Takeaway
Monitor gold’s support at $1,800; a break could lead to ETH volatility, while a rally might boost crypto interest.
