Gold trading near $4,140 after pulling back from August highs near $4,700.
Market Context: • Gold corrected from $5,595 ATH (Jan 2026) • Currently testing important demand zone • 30-year yields at 5.6% driving sentiment • 4 central bank decisions coming this month
This is not financial advice - gold is volatile, do your own research!
Why Bullish? ✅ BTC is above all 4 major weekly moving averages ✅ October is historically bullish - 10 of last 15 Octobers were green with 11.2% median gain【7653304639224432920†L54-L57】 ✅ Fed rate hike odds dropped below 50% ✅ Institutional buying + ETF inflows - Citi raised BTC forecast to $113K