The US midterm elections have delivered a major political shift, with Democrats taking control of both the House and Senate, creating a divided government for the remainder of Trump's term.


Markets initially reacted by selling the dollar and buying Treasuries, pushing the US 10-year yield lower. Concerns over congressional gridlock, potential constraints on Trump's fiscal agenda and increased scrutiny of the AI investment boom have added to market uncertainty.


Gold has capitalized on the weaker dollar and falling yields, reclaiming the $4,000 level and gaining more than 2%.


Meanwhile, US economic data presented a different picture. JOLTS job openings came in at 7.523 million against 7.164 million expected, while Factory Orders rose 1.8% against 1.2% forecast. Both releases point to underlying economic resilience and complicate expectations for monetary easing.


On the geopolitical front, the US-Iran situation remains unresolved. Despite ongoing diplomatic efforts through Qatar, reports indicate both sides remain far from a final agreement. Recent US strikes around Qeshm Island have kept Strait of Hormuz supply risks alive. Oil remains sensitive to every development.


My market outlook:


  • Gold: Bullish momentum while the dollar and yields remain under pressure. Watch whether $4,000 holds as support.


  • BTC: Recovery potential, but sustained spot demand and liquidity confirmation are essential.


  • DXY: Election-driven weakness is a headwind; watch for a reversal.


  • Oil: Highly sensitive to Iran negotiations and Hormuz shipping developments.


  • Treasuries: Falling yields are supporting precious metals, but stronger economic data could challenge that move.


Friday's US Nonfarm Payrolls will be another major catalyst for Fed expectations.


For now, the market is balancing political uncertainty, geopolitical risk and economic resilience. Don't chase headlines; wait for confirmation through price action, volume, open interest and funding.


Confirmation, not feelings. The market rewards survivors, not heroes.


Profit Angel #USMidterms-WhatAreMarketsExpecting? #BTC走势分析 #GOLD #oil