BTC 27/10: The overall market downturn continues, driven by pressure from USD interest rates. The US government continues to maintain the USD's strong purchasing power. The 1-hour chart also clearly shows the price below the 200 MA, indicating that the short-term downtrend is continuing ✅ Price target $77,000 ✅ #BTC
At the moment, investors who sell gold have 2 major advantages ✅ 1. Trading with the trend can increase profits quickly and safely because you're following the right trend ✅ 2. Most brokers now offer positive swaps on gold sell orders. If the market is under downward pressure, holding a gold sell order for a month will yield an average of $1,000–$2,000 in overnight interest ✅ #XAU
By the close of the morning session on October 27, the price had clearly failed to break above the 4030 level, showing that selling pressure is weighing heavily on gold. Pressure is coming from the hawkish FOMC stance ahead of the early hours of October 29, along with the continued downward momentum on the technical chart. The price’s near-term target remains the $3980 area ✅
Gold continues to face selling pressure on October 26, 2026
So, as the market opened on Monday, October 26, gold prices were temporarily supported in the $3,940–$3,980 range ✅ The 200-day moving average is also now relatively far from the price, indicating that strong selling pressure remains and investors are less inclined to buy gold. The upcoming FOMC interest rate announcement in the early hours of October 29 will also be a decisive factor for gold prices.
#XAUUSD waiting for an opportunity to sell down. XAUUSD’s main trend is still bearish. However, on the H1 chart, gold is currently in a rebound phase and there are no signs that it has stopped. In the short term, gold may rise to the 4200 resistance zone before it can reverse downward.
At the moment, traders need to be patient and look for a sell-down opportunity around the 4200 price zone if bearish confirmation signals appear, SL: 4240, TP: 4000