#BinancePick
$AMZNB
🟡 Gold is trading around $3,980–3,990, back under the $4,000 level. Hot US inflation and hawkish Fed comments have raised bets on a steeper rate hike at the December meeting. (fxstreet)
📉 Bias: bearish short term
Price sits below the 21, 50, 100 and 200-day SMAs, which cap the upside. (fxstreet)
Resistance: ~$4,050 (21-day SMA), then ~$4,065, then ~$4,168 (50-day SMA). (fxstreet)
The 24h range is roughly $3,975 to $4,074. A break below $3,975 could open more downside. (coinglass)
🌍 Big picture: Gold is down more than 8% in 2026, and about 29% below its January record high near $5,625.
$AMZNB
🟡 Gold is trading around $3,980–3,990, back under the $4,000 level. Hot US inflation and hawkish Fed comments have raised bets on a steeper rate hike at the December meeting. (fxstreet)
📉 Bias: bearish short term
Price sits below the 21, 50, 100 and 200-day SMAs, which cap the upside. (fxstreet)
Resistance: ~$4,050 (21-day SMA), then ~$4,065, then ~$4,168 (50-day SMA). (fxstreet)
The 24h range is roughly $3,975 to $4,074. A break below $3,975 could open more downside. (coinglass)
🌍 Big picture: Gold is down more than 8% in 2026, and about 29% below its January record high near $5,625.
