U.S. close | Fri, Oct. 23
Stocks ended the week mixed. The Dow fell 1.23% to 52,215, while the S&P 500 lost 0.52% to 7,623.68 and the Nasdaq slipped 0.21% to 25,955. For the week, the Dow gained 0.4% for a third consecutive weekly rise; the S&P and Nasdaq fell 0.5% and 0.7%, respectively. Oil remained a key driver.
Over the weekend, Houthi attacks on Saudi facilities and an airport kept supply concerns in focus. WTI eased to around $102 from above $103 on Friday; Brent was near $115, below its Friday highs of roughly $116–$117. The 10-year Treasury yield was around 4.99%, and DXY near 101.7.
Early Asia prices
🥇Gold: $3,990–$3,999, little changed from Friday’s close near $3,996
🥈Silver: around $54
🟠BTC: $80,000–$80,200
⚪️ETH: around $2,330
Recent U.S. data has been mixed: payrolls were soft at +29K, while CPI and PPI came in hot. Markets are pricing a 90–94% chance of a Fed hold on Oct. 28, with December hike expectations still elevated.
Levels to watch :
Gold: Support at $3,975 and $3,950; resistance at $4,025 and $4,050. Range-bound, with oil and yields limiting upside.
Silver: Support near $53; resistance around $55.50. Still softer than gold.
BTC: Support near $79K; resistance around $82K. Consolidating near $80K.
Today’s U.S. calendar is light, with Chicago and Dallas Fed releases and a 2-year Treasury auction. Durable Goods are due Tuesday, the FOMC decision Wednesday at 2 p.m. ET, and GDP and PCE on Thursday.
Cash is a position of Kingdom. Confirm live prices. NFA.
TRADE $XAU | $BTC HERE👇
Stocks ended the week mixed. The Dow fell 1.23% to 52,215, while the S&P 500 lost 0.52% to 7,623.68 and the Nasdaq slipped 0.21% to 25,955. For the week, the Dow gained 0.4% for a third consecutive weekly rise; the S&P and Nasdaq fell 0.5% and 0.7%, respectively. Oil remained a key driver.
Over the weekend, Houthi attacks on Saudi facilities and an airport kept supply concerns in focus. WTI eased to around $102 from above $103 on Friday; Brent was near $115, below its Friday highs of roughly $116–$117. The 10-year Treasury yield was around 4.99%, and DXY near 101.7.
Early Asia prices
🥇Gold: $3,990–$3,999, little changed from Friday’s close near $3,996
🥈Silver: around $54
🟠BTC: $80,000–$80,200
⚪️ETH: around $2,330
Recent U.S. data has been mixed: payrolls were soft at +29K, while CPI and PPI came in hot. Markets are pricing a 90–94% chance of a Fed hold on Oct. 28, with December hike expectations still elevated.
Levels to watch :
Gold: Support at $3,975 and $3,950; resistance at $4,025 and $4,050. Range-bound, with oil and yields limiting upside.
Silver: Support near $53; resistance around $55.50. Still softer than gold.
BTC: Support near $79K; resistance around $82K. Consolidating near $80K.
Today’s U.S. calendar is light, with Chicago and Dallas Fed releases and a 2-year Treasury auction. Durable Goods are due Tuesday, the FOMC decision Wednesday at 2 p.m. ET, and GDP and PCE on Thursday.
Cash is a position of Kingdom. Confirm live prices. NFA.
TRADE $XAU | $BTC HERE👇
