Fed Maintains a Firm Inflation Stance but Offers No Specific Rate Signal
🏛️ Federal Reserve Chair Kevin Warsh said the central bank’s top priority is to steer monetary policy in the right direction, adding that the inflation surge of the past five years could become a thing of the past if the Fed succeeds.
📉 The remarks were delivered during testimony before the House Financial Services Committee on July 14, after June CPI data showed easing price pressures while headline inflation remained above the Fed’s 2% target.
📌 Warsh’s statement that the Fed has “no tolerance” for persistently elevated inflation reinforces a clearly anti-inflation stance. However, he did not provide a specific signal on whether interest rates should be raised, held, or cut, making the message hawkish in tone but insufficient to confirm a policy shift at the late-July FOMC meeting.
📍 Price is currently around 974.9, sitting in a transition zone after the lower long-liq cluster has sharply declined. This is a sensitive area, as there is a short-term liquidity gap above before price reaches a larger short-liq cluster, while notable long-liq zones remain around 955.2–946.1.
🟢 Above the current level, short-liq becomes clearer around 994.2–1,007.2, then gets much denser near 1,007.2–1,034.5. The most notable zones are 1,007.2–1,016.3 and 1,025.4–1,034.5, where short liquidity stands out and could become price magnets if upside momentum is confirmed.
🔴 Below, the nearest long-liq area sits around 978.6–964.3, followed by 955.2–946.1. Further below, the 937–898 zone still holds large liquidity, so losing the current buffer could allow downside pressure to expand quickly.
⚖️ The preferred scenario is to wait for confirmation around 964.3–994.2. A stable breakout higher could open the path toward 1,007.2–1,016.3, then 1,025.4–1,034.5. On the other hand, losing 964.3 would increase the risk of a pullback toward 955.2–946.1.
🛡️ Upside liquidity is more prominent in the short term, but the lower near-price zone can still create liquidation-sweep noise. Chasing strong candles may carry higher risk, so it is safer to wait for a clear reaction near 994.2 above or 964.3 below, with tight risk control.
SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 2.21% wide. The uptrend has lasted 10 hours 10 minutes, with the largest recorded price increase at 11.27%. If price loses this support zone, the trend will likely reverse downward.
SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 4.70% wide. The uptrend has lasted 4 hours 42 minutes, with the largest recorded price increase at 31.10%. If price loses this support zone, the trend will likely reverse downward.
China’s fixed-asset investment falls more sharply than expected in H1 2026
📉 China’s fixed-asset investment declined 5.7% year-on-year in the first half of 2026, missing market expectations and worsening significantly from the 4.1% contraction recorded in the first five months.
🏘️ Property investment remained the main drag, while infrastructure and manufacturing investment were not strong enough to offset the decline. The figures suggest that domestic demand and private-sector willingness to expand investment remain weak.
🌐 The deterioration in FAI highlights the uneven nature of China’s economy, with exports still supporting growth while domestic drivers have yet to recover at a similar pace.
🏦 The data may strengthen expectations that Beijing will increase public investment, expand fiscal support and maintain a more accommodative monetary policy in the second half of the year.
$XAUT – Liquidation Map (7D) – Current Price ~4,031.2
📍 Price is currently around 4,031.2, sitting in a transition zone after the lower long-liq cluster has sharply declined. This is a sensitive area, as short-liq starts to form clearly from 4,095.8 upward, while notable long-liq clusters remain around 4,005.5–3,923.8.
🟢 Above the current level, short-liq becomes clearer around 4,095.8–4,125.9, then gets much denser near 4,151.7–4,203.3. The most notable zone is 4,151.7–4,177.5, where short liquidity stands out and could become a price magnet if upside momentum is confirmed.
🔴 Below, the nearest long-liq area sits around 4,005.5–3,975.4, followed by 3,949.6–3,923.8. Further below, the 3,898–3,867.9 zone still holds notable liquidity, so losing the current buffer could allow downside pressure to expand quickly.
⚖️ The preferred scenario is to wait for confirmation around 4,005.5–4,095.8. A stable breakout higher could open the path toward 4,125.9–4,151.7, then 4,177.5–4,203.3. On the other hand, losing 4,005.5 would increase the risk of a pullback toward 3,975.4–3,949.6.
🛡️ Upside liquidity is more prominent on the 7-day map, but the lower near-price zone can still create liquidation-sweep noise. Chasing strong candles may carry higher risk, so it is safer to wait for a clear reaction near 4,095.8 above or 4,005.5 below, with tight risk control.
SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 4.35% wide. The uptrend has lasted 1 hour 8 minutes, with the largest recorded price increase at 19.72%. If price loses this support zone, the trend will likely reverse downward.
SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 1.28% wide. The uptrend has lasted 3 hours 21 minutes, with the largest recorded price increase at 12.02%. If price loses this support zone, the trend will likely reverse downward.
IBM plunges 25% as the AI investment boom reshapes enterprise technology budgets
📉 IBM shares fell about 25% on July 14, closing near $217.05 and erasing almost $69 billion in market value, marking the company’s steepest decline since Black Monday in 1987.
📊 Preliminary second-quarter results showed revenue of approximately $17.2 billion, up 1% year over year, while Infrastructure revenue declined 7% and fell short of market expectations.
🧠 IBM said many customers are prioritizing spending on servers, storage and memory for AI infrastructure, delaying several large deals and weakening the company’s quarterly performance.
🌐 The move suggests that the AI boom is shifting technology spending toward hardware and infrastructure at the expense of traditional enterprise software. The pressure also spread to Salesforce, Microsoft and the broader software sector.
📍 Price is currently around 79.4, sitting in a transition zone after the lower long-liq cluster has sharply declined. This is a sensitive area, as short-liq is fairly close above, while several large long-liq clusters remain around 78.8–76.3.
🟢 Above the current level, short-liq becomes clearer around 79.9–81.5, followed by smaller clusters near 82.3–83.5. The most notable zone is 80.7–81.1, where short liquidity stands out and could become a price magnet if upside momentum is confirmed.
🔴 Below, the nearest long-liq area sits around 78.8–78.3, followed by 77.9–77.5. Further below, the 77.1–76.3 zone still holds large liquidity, so losing the current buffer could allow downside pressure to expand quickly.
⚖️ The preferred scenario is to wait for confirmation around 78.8–79.9. A stable breakout higher could open the path toward 80.3–80.7, then 81.1–81.5. On the other hand, losing 78.8 would increase the risk of a pullback toward 78.3–77.5.
🛡️ Liquidity exists on both sides, but the lower cluster is larger and closer, so it can still create liquidation-sweep noise before price chooses a clearer direction. Chasing strong candles may carry higher risk, so it is safer to wait for a clear reaction near 79.9 above or 78.8 below, with tight risk control.
SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 8.41% wide. The uptrend has lasted 7 hours 5 minutes, with the largest recorded price increase at 45.52%. If price loses this support zone, the trend will likely reverse downward.
SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 12.76% wide. The uptrend has lasted 1 hour 56 minutes, with the largest recorded price increase at 81.00%. If price loses this support zone, the trend will likely reverse downward.
📍 Price is currently around 137, sitting in a transition zone after the lower long-liq cluster has sharply declined. This is a sensitive area, as several large short-liq clusters are positioned from 140 upward, while notable long liquidity remains around 136–132.4.
🟢 Above the current level, short-liq becomes clearer around 140–141.6, then gets denser near 143–145.4. The most notable zones are 144.2–145.4 and 151.4–155, where short liquidity stands out and could become price magnets if upside momentum is confirmed.
🔴 Below, the nearest long-liq area sits around 136–135.6, followed by 134.8–133.6. Further below, the 132.4–131.2 zone still holds notable liquidity, so losing the current buffer could allow downside pressure to expand quickly.
⚖️ The preferred scenario is to wait for confirmation around 136–140. A stable breakout higher could open the path toward 141.6–144.2, then 145.4–149. On the other hand, losing 136 would increase the risk of a pullback toward 135.6–134.8.
🛡️ Upside liquidity is more prominent on the 7-day map, but the lower near-price zone can still create liquidation-sweep noise. Chasing strong candles may carry higher risk, so it is safer to wait for a clear reaction near 140 above or 136 below, with tight risk control.
SC02 H1 - ausstehender Short-Auftrag. Der Einstieg liegt innerhalb des LVN + wird von keiner schwachen Zone beeinflusst. Die aktuelle Widerstandszone hat eine Breite von etwa 12,47%. Der Abwärtstrend dauert 6 Tage 21 Stunden, wobei der größte aufgezeichnete Kursrückgang bei 68,77% liegt. Wenn der Kurs diese Widerstandszone nach oben durchbricht, ist eine Umkehr des Trends nach oben wahrscheinlich.
SC02 M5 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 1.81% wide. The uptrend has lasted 15 hours 45 minutes, with the largest recorded price increase at 16.27%. If price loses this support zone, the trend will likely reverse downward.
SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 2.03% wide. The uptrend has lasted 15 hours 20 minutes, with the largest recorded price increase at 14.99%. If price loses this support zone, the trend will likely reverse downward.
JPMorgan eröffnet die US-Saison der Bankenergebnisse mit Rekordgewinn, aber wichtige Risiken bleiben
🏦 JPMorgan meldete für Q2 einen Nettogewinn von 21,2 Milliarden US-Dollar, während der bereinigte EPS-Wert 6,14 erreichte und damit die Prognose von 5,85 übertraf. Die Ergebnisse wurden durch eine starke Erholung in den Kapitalmärkten und bei den Handelsaktivitäten gestützt.
📈 Die Umsatzerlöse der Märkte stiegen um 35% im Jahresvergleich, einschließlich eines 86%igen Anstiegs im Aktienhandel, während die Gebühren aus Investmentbanking um 30% kletterten. Der Nettozinsertrag ohne Märkte stieg um 4% auf 23,7 Milliarden US-Dollar, begleitet von einem Wachstum von 10% bei den durchschnittlichen Krediten.
💵 Die Bank erhöhte ihre Prognose für den Nettozinsertrag für das Gesamtjahr ohne Märkte auf 96,5 Milliarden US-Dollar und verwies dabei auf stärkere Erwartungen für das Kreditwachstum sowie auf das Zinsumfeld.
⚠️ Der herausragende Gewinn wurde jedoch deutlich durch einen einmaligen Gewinn in Höhe von 4,6 Milliarden US-Dollar im Zusammenhang mit seiner Visa-Beteiligung gestärkt. JPMorgan erhöhte außerdem die Ausgabenprognose auf 107,5 Milliarden US-Dollar; damit bleiben die Qualität der Gewinne und das Kostenmanagement zentrale Punkte, die es zu beobachten gilt.
$XAU – Liquidation Map (7D) – Current Price ~4,051.3
📍 Price is currently around 4,051.3, sitting in a transition zone after the lower long-liq cluster has sharply declined. This is a sensitive area, as several large short-liq clusters are positioned above, while notable long-liq zones remain around 4,042.7–3,944.
🟢 Above the current level, short-liq becomes clearer around 4,066.2–4,094.4, then gets much denser near 4,122.6–4,179. The most notable zone is 4,150.8–4,179, where short liquidity stands out and could become a price magnet if upside momentum is confirmed.
🔴 Below, the nearest long-liq area sits around 4,042.7–4,000.4, followed by 3,972.2–3,944. Further below, the 3,915.8–3,887.6 zone still holds notable liquidity, so losing the current buffer could allow downside pressure to expand quickly.
⚖️ The preferred scenario is to wait for confirmation around 4,042.7–4,066.2. A stable breakout higher could open the path toward 4,094.4–4,122.6, then 4,150.8–4,179. On the other hand, losing 4,042.7 would increase the risk of a pullback toward 4,000.4–3,972.2.
🛡️ Upside liquidity is more prominent on the 7-day map, but the lower near-price zone can still create liquidation-sweep noise. Chasing strong candles may carry higher risk, so it is safer to wait for a clear reaction near 4,066.2 above or 4,042.7 below, with tight risk control.
SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 0.54% wide. The uptrend has lasted 4 hours 41 minutes, with the largest recorded price increase at 8.97%. If price loses this support zone, the trend will likely reverse downward.
SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 6.84% wide. The uptrend has lasted 14 hours, with the largest recorded price increase at 43.81%. If price loses this support zone, the trend will likely reverse downward.