Gold is the Key Market Driver – Gold is approaching a critical resistance level at $3,090, which will determine the direction of global financial markets.
U.S. Dollar Strength – The U.S. dollar remains strong, impacting commodities, stocks, and emerging markets. A stronger dollar can pressure risk assets.
U.S. Stock Market at Bottom – The U.S. stock market is in a bottoming phase, indicating a possible accumulation zone before a potential recovery.
Bitcoin Near Support – BTC is trading near a key support level. A breakdown could lead to further downside, while a bounce may trigger short-term bullish momentum.
Indian Stock Market Bullish but Facing Resistance – The NIFTY index is in an uptrend but is approaching resistance.
Crude Oil & Natural Gas Near Support – Both crude oil and natural gas are trading near key support levels.
Gold Breakout =
If gold breaks above $3,090, expect a bullish rally across commodities, potentially impacting stock markets and crypto
Gold Rejection = Sideways Markets – If gold fails to break resistance, U.S. and Indian stock markets may remain neutral to bullish,