🛢️ #BZ: BRENT NEARS $120. HOUTHIS, SAUDI RISK AND THE FED ARE THE KEY WILD CARDS! 🛢️
Brent closed at $111.70 on Oct 23, up about 84% year to date and well above its 50-day (~$100.7) and 200-day (~$91) averages. It pushed toward $120 as Saudi-Houthi tensions fueled another weekly rally.
📌 Why is oil strong? • Houthi attacks threaten Saudi energy infrastructure. • Higher oil reinforces Fed tightening expectations, pressuring gold and crypto. Fed meets Oct 27-28.
📊 Key levels (sources differ by $110–117 depending on contract) • Support: ~$105, then ~$100 (50-day MA zone) • Resistance: ~$118 (52-week closing high), then $120 (psychological)
🎯 My scenarios 🟢 Escalation, supply disruption → break $118, test $120+ 🟡 Risks unchanged → range between $105 and $118 🔴 De-escalation or hawkish Fed hits demand → pullback to $100–$105
💡 Oil is moving on geopolitical headlines. No all-in, size small, use a stop, and avoid high leverage.
🥇 #XAU BREAKS BELOW $4,000: OIL AND THE FED ARE SQUEEZING GOLD 🥇
Gold slipped to around $3,995 in early Asian trade Monday as higher oil prices reinforced Fed rate-hike expectations. It touched $3,986, the lowest level since July, far below the all-time high of $5,602 set on Jan 29, 2026.
📌 Why is gold weak? • WTI crude hit a five-month high after Houthi attacks in Saudi Arabia, reviving inflation and tightening fears. • Fed meeting on Oct 27-28 keeps traders cautious. • Technically, gold stays negative below the 100-day SMA.
📊 Key levels • Support: $3,986, then ~$3,886 (52-week low) • Resistance: $4,000, then $4,050–$4,100 (my estimate)
🎯 My scenarios 🔴 Hawkish Fed + higher oil → break below $3,986, test ~$3,890 🟡 No surprises → chop between $3,950 and $4,050 🟢 Softer Fed or safe-haven flows → reclaim $4,000, aim for $4,050–$4,100
💡 No chasing before the Fed. Wait for a candle close beyond the levels, size small, use a stop.
BTC slipped under $80,000 early Monday and is stalling near that level in a tightening sideways range. It dipped to $79,146 on $810M in liquidations and ETF outflows, with the Fed meeting on Oct 27-28.
$CHIP Short now - Price hit the level I marked. Trade Plan: Entry: 0.03641 - 0.03680 TP1: 0.03523 TP2: 0.03431 TP3: 0.03293 SL: 0.03844 CHIP finally walked into the zone I was waiting for. My call. Your choice. Trade here 👇
Anthropic accuses Chinese wizards (specifically DeepSeek, Moonshot & Minimax) of "distilling" Claude's models to train their own models. Particularly MiniMax (it's no surprise that MiniMax models resemble Claude the most when used in Claude Code). Musk & X retaliate: they also siphon data from others, so there's nothing noble about it!
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