About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
29 10, 2025

Ripple (XRP) Price Prediction: Consolidation Continues, Will the Bulls Dominate? (10/29/25)

By |2025-10-29T12:36:23+03:00October 29, 2025|Crypto News, News|0 Comments

Jakarta, Pintu News – Ripple recently embarked on a fresh upswing after breaking above $2.40, following in the footsteps of Bitcoin and Ethereum . Now, with some hurdles cleared, the digital currency is showing positive signs. If Ripple (XRP) can cross the next key resistance, there is potential for further gains.

Ripple (XRP) Technical Analysis

After successfully crossing the $2.420 and $2.50 resistance levels, Ripple (XRP) continues to show positive momentum. The bulls managed to push the price past $2.550 and $2.65, reaching a peak at $2.6972. Currently, Ripple (XRP) is consolidating gains above the 23.6% Fibonacci retracement level of the last move from $2,327 to $2,6972.

The price is currently trading below $2.60 and the 100-hour simple moving average. There is a bullish trend line formed with support at $2.60 on the hourly chart of the Ripple (XRP)/USD pair. In case of a fresh upside movement, the price may face resistance near the $2.650 level.

Also Read: 5 Shocking Ethereum (ETH) Predictions from Robert Kiyosaki that Made Crypto Hunted by Whales

Upside Potential and Resistance

The first major resistance is near $2.6880, where if successfully crossed, the price could try to break $2.70. If Ripple (XRP) manages to cross the $2.70 resistance, this could take the price towards the $2.7650 resistance. A further rise might push the price towards $2.80, and if this momentum continues, the next resistance that might be faced is near $2.880.

Correction and Price Support

If Ripple (XRP) fails to cross the $2.6880 resistance zone, the price may see a fresh decline. Initial support on the downside is near $2.60. The next major support is near $2.5650. In case of a downward breakout and close below the $2.5650 level, the price may continue to decline towards $2.5120 or the 50% Fibonacci retracement level of the last move from $2.327 to $2.6972. The next major support lies in the $2.4680 zone, below which the price could continue to drop towards $2.420.

Conclusion

With strong support and clear resistance, Ripple (XRP) is at a tipping point. Success in breaking through higher resistance could bring a new wave of optimism for investors and traders. However, failure to overcome this obstacle might trigger a deeper price correction.

Also Read: Can You Live Only on Crypto? Here are 3 Sources of Income & Challenges You Need to Know About

Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check todays bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app through Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

Source link

29 10, 2025

Natural gas price tests the extra support– Forecast today – 29-10-2025

By |2025-10-29T11:17:40+03:00October 29, 2025|Forex News, News|0 Comments


The GBPJPY pair activated the previously suggested bearish corrective track, putting it under strong negative pressure to achieve the previously suggested stations by reaching 201.15, then retesting the extra support at 201.75.

 

Forming extra barrier at 202.55 level and the continuation of providing negative momentum by stochastic will increase the efficiency of the bearish corrective track, to expect targeting 200.45 level, and surpassing it might extend the losses towards 199.20 directly.

 

The expected trading range for today is between 200.45 and 202.55

 

Trend forecast: Bearish

 





Source link

29 10, 2025

Pound to Dollar Price Forecast: GBP/USD Drops on UK Budget Risks

By |2025-10-29T11:02:19+03:00October 29, 2025|Forex News, News|0 Comments


– Written by

The Pound-to-Dollar exchange rate (GBP/USD) slipped sharply on Tuesday as investors turned cautious ahead of the UK government’s upcoming autumn budget.

At the time of writing, GBP/USD was trading at 1.32815, down around 0.44% from Tuesday’s opening levels.

The Pound (GBP) came under renewed pressure after the Office for Budget Responsibility (OBR) warned that the UK faces a £20bn fiscal shortfall, largely due to weak productivity and slowing growth.

The findings intensified speculation that Chancellor Rachel Reeves may be forced to introduce tax increases in next month’s budget to shore up the nation’s finances.

The prospect of tighter fiscal measures dampened market sentiment, with investors wary that higher taxes could weigh on household spending and slow the UK’s already fragile recovery.

As a result, Sterling struggled to find support through the European session, with the Pound weakening against a firming US Dollar.

The Greenback (USD) held steady ahead of the Federal Reserve’s interest rate decision on Wednesday, buoyed by safe-haven demand as global markets adopted a more cautious tone.

Save on Your GBP/USD Transfer

Get better rates and lower fees on your next international money transfer.
Compare TorFX with top UK banks in seconds and see how much you could save.


Compare the Best GBP/USD Rates »

Investors widely expect the Fed to announce a 25-basis-point rate cut, but uncertainty over future policy guidance kept USD trading volatile.

GBP/USD Forecast: Fed Decision to Steer Mid-Week Direction

Looking ahead, attention will turn squarely to the Federal Reserve’s rate announcement, which is likely to set the tone for mid-week market movement.

If Chair Jerome Powell signals that further rate cuts are on the table before year-end, the Dollar may weaken, potentially giving GBP/USD scope to rebound.

However, a more measured tone — or hints that this could mark the final cut of the cycle — could strengthen the Greenback, pushing the pair lower still.

With the UK data calendar empty until the end of the week, the Pound will remain heavily influenced by global sentiment and speculation over both Fed policy and UK fiscal plans in the run-up to the November budget.

Like this piece? Please share with your friends and colleagues:




International Money Transfer? Ask our resident FX expert a money transfer question or try John’s new, free, no-obligation personal service! ,where he helps every step of the way,
ensuring you get the best exchange rates on your currency requirements.

TAGS: Pound Dollar Forecasts

Source link

29 10, 2025

Clean Jeju Green Tea Cooperative ‘Sumang’ Targets Premium Tea Market with Graded Matcha Lineup

By |2025-10-29T10:50:19+03:00October 29, 2025|Dietary Supplements News, News|0 Comments


JEJU, South Korea–(BUSINESS WIRE)–#CleanJejuGreenTeaCooperativeClean Jeju Green Tea Cooperative ‘Sumang’ announced the introduction of a more refined grading system for its matcha products to diversify its premium tea portfolio. The cooperative now offers three distinct grades — Ceremonial, Premium, and Superior — allowing consumers to choose according to their taste and purpose.


Based in Jeju Island, Sumang produces, manufactures, and sells organic green tea under a one-stop system. Equipped with a specialized tencha production line, the cooperative ensures that both the flavor and aroma of its matcha maintain consistently high quality.

Sumang has established a production system that ensures exceptional taste and aroma, distinguishing its matcha from others in the market. Moving forward, the cooperative plans to expand its distribution network to make premium-quality tea more accessible at a more reasonable price.

The cooperative, which has traditionally focused on B2B transactions, is now broadening its reach by strengthening its direct-to-consumer sales channels through its own online mall and e-commerce platforms.

About Sumang

Since 2007, Sumang has produced Jeju green tea of the highest quality, provided by the natural environment of Jeju Island, South Korea. Abiding by the strict rules of the Clean Jeju Green Tea Agricultural Cooperative, Sumang offers products that promote both health and environmental sustainability.

Contacts

Sumang

Kyungmin Kang

+82-64-739-8033

[email protected]





Source link

29 10, 2025

Dogecoin (DOGE) Price Prediction: Dogecoin Holds Key Support as Bulls Eye Explosive $0.50 Breakout

By |2025-10-29T10:35:16+03:00October 29, 2025|Crypto News, News|0 Comments

Dogecoin (DOGE) is capturing investor attention again, holding critical support at $0.19 as analysts anticipate a potential breakout that could propel the meme coin toward $0.50.

Despite a quieter crypto market and declining trading volumes, Dogecoin continues to demonstrate resilience. Technical setups, historical patterns, and growing whale accumulation indicate the coin is positioning itself for a bullish surge. Traders are closely monitoring key support and resistance levels to gauge the next major move.

Dogecoin Stability Amid Low Volume

According to a recent analysis by Saad Ullah of The Tradable, Dogecoin has been holding firm around the 0.5 Fibonacci retracement level at $0.19–$0.20. Even as trading volume declines, technical indicators suggest accumulation is ongoing, creating the conditions for a possible breakout.

Analyst Ullah noted, “All it takes is just some volume. Even a modest influx of buying pressure could quickly flip this quiet phase into action.”

On the weekly chart, Dogecoin (DOGE) holds key support at the cycle high VWAP, Ichimoku “Katana,” and 0.5 Fibonacci level, with low volume suggesting a small influx could trigger a quick rebound. Source: Cantonese Cat via X

Dogecoin’s stability in this zone is further reinforced by the Ichimoku “Katana” formation and cycle VWAP indicators, which historically highlight equilibrium points before major price moves. These technical signals collectively point to a growing bullish potential if the $0.19 support continues to hold.

Triangle Patterns Signal Potential Upside

On the weekly chart, Dogecoin is trading within a well-defined triangle pattern, a classic setup that often precedes periods of high volatility. Usman Salis, a market analyst, highlighted that “DOGE has delivered explosive rallies after extended periods of compression, making the current triangle setup particularly interesting for traders.”

Dogecoin (DOGE) Price Prediction: Dogecoin Holds Key Support as Bulls Eye Explosive alt=

Dogecoin’s weekly chart maintains a symmetrical triangle, signaling consolidation with potential for a bullish breakout or bearish reversal depending on key support and resistance levels. Source: Trader Tardigrade via X

Key levels to watch include the lower boundary at $0.19 and the upper triangle resistance near $0.30. A clean breakout above this threshold could propel Dogecoin toward the $0.50 mark and potentially higher. Historical cycles from 2021 and 2024 suggest that similar triangle consolidations preceded sharp upward movements, lending credibility to the pattern’s predictive value.

Accumulation and Whale Activity

Data from October 2025 shows that whales have been actively accumulating Dogecoin. According to Diana Sanchez, $DOGE has surged 43% year-to-date and “is holding strong above $0.20, a key support zone,” despite altcoins underperforming.

Accumulation and Whale Activity

Dogecoin (DOGE) has surged 43% this year, holding firm above the $0.20 support zone, with $0.218 as a critical level—breaking it with volume could pave the way toward $0.50. Source: Diana Sanchez

Recent transactions indicate $134 million worth of Dogecoin was purchased by larger holders, flipping previous resistance at $0.21 into support. Analysts argue this accumulation could underpin the next bullish wave, potentially taking the coin to $0.50 if momentum persists.

Short-Term Targets and Outlook

Technical analysis points to immediate resistance levels at $0.25–$0.26, followed by higher targets at $0.33 and $0.50. According to Ali_charts, maintaining support near $0.18–$0.20 could allow DOGE to flip $0.25 into a new support level, enabling a rally toward $0.33 in the short term.

EtherNasyonal, a long-term market analyst, emphasized that “the real wave of expansion hasn’t arrived yet,” noting that Dogecoin is still in the accumulation phase within a lower band of an ascending channel. This mirrors previous bull waves observed in the 2015–2018 period, where DOGE climbed from fractions of a cent to roughly $0.018, marking a cumulative gain of over 5,000%.

Final Thoughts

Dogecoin (DOGE) continues to present an interesting combination of stability and bullish potential. Holding crucial support at approximately $0.19, paired with historical patterns and whale behavior, positions DOGE for an explosive push to $0.50.

Short-Term Targets and Outlook

Dogecoin was trading at around $0.20, down 3.44% in the last 24 hours at press time. Source: Brave New Coin

Amidst continued uncertainty in the broader crypto market, technical setups suggest the meme coin is coiling for another phase of bullish momentum, with opportunities for traders and long-term holders alike.

Source link

29 10, 2025

The GBPJPY price archives the corrective targes– Forecast today – 29-10-2025

By |2025-10-29T09:15:57+03:00October 29, 2025|Forex News, News|0 Comments


The (ETHUSD) price settled with sharp decline in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, attempting to look for rising low that might help it to recover, leaning on the support of its EMA50, providing strong chance for gaining this momentum, especially with the dominance of the bullish correction trend on the short-term basis and its trading alongside trendline, with the strength relative indicators reaching exaggerated oversold levels.

 

 

 

VIP Trading Signals Performance by BestTradingSignal.com (13-17 Oct, 2025)


 

Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:


 

 

Full VIP signals performance report for 13-17, October 2025:

  View Full Performance Report   Telegram (https://t.me/besttradingsignalstocksbot?start=p88d632b0-66dd-11f0-a948-13815052d5ae)





Source link

29 10, 2025

Japanese Yen Forecast: USD/JPY Faces Volatility on BoJ-Fed Policy Split

By |2025-10-29T09:01:14+03:00October 29, 2025|Forex News, News|0 Comments

USDJPY – Daily Chart – 291025 – TA1

Fed Interest Rate Decision and Powell’s Press Conference

While economists speculate about the timing of a BoJ rate hike, the Fed will take center stage later on Wednesday, October 29.

Economists expect the Fed to cut interest rates by 25 basis points. Unless there is a surprise 50-basis-point cut, Fed Chair Powell will set the tone for markets. Support for a December rate cut to bolster the labor market and acknowledgement that inflation has peaked could send USD/JPY toward 150 and the 50-day EMA. If breached, the 200-day EMA would be the next key technical support level.

The US government shutdown could extend to day 29, leaving the Fed flying blind on crucial labor market data. Fed Chair Powell had already taken a more dovish stance before the shutdown as labor market data signaled weaker conditions.

Beyond Fed Chair Powell’s views on interest rates, there is also the potential winding down of Quantitative Tightening (QT).

On October 14, 2025, Fed Chair Powell gave his strongest signal on QT, stating:

“Our long-stated plan is to stop balance sheet runoff when reserves are somewhat above the level we judge consistent with ample reserve conditions.”

He also noted that there were early signs of tightening liquidity conditions.

Notably, winding down QT would also narrow the US-Japan rate differential, favoring the yen, potentially being compounded by a hawkish BoJ policy stance. This scenario could trigger a market event similar to the yen carry trade unwind on July 31, 2024.

Source link

29 10, 2025

Longevity Seekers are Taking NAD+ Supplements. Do they Work? – Kashmir Observer

By |2025-10-29T08:49:18+03:00October 29, 2025|Dietary Supplements News, News|0 Comments


Pills, vitamins and supplements in New York, December 5, 2013. — Tony Cenicola/The New York Times

By Mohana Ravindranath

The cells in our bodies naturally break down as we age, making it harder to bounce back from illness and injury in our later years. What if you could make your cells more resilient to damage to stave off that decline?

That’s the idea behind NAD+ boosting, a trendy longevity therapy.

Nicotinamide adenine dinucleotide, or NAD+, is a molecule found in all cells that’s essential for repairing damage, generating energy and encouraging healing. NAD+ levels decrease with age, and some scientists think that increasing those levels through infusions or supplements could potentially slow the aging process. But they warn that the treatments are unregulated and largely unproven.

Research on mice strongly supports using some NAD+ boosting therapies for healthy aging, said Daniel Craighead, an assistant professor of exercise physiology at the University of Minnesota who has studied NAD+. But scientists don’t know whether the therapies currently on the market meaningfully improve health span or life span in humans, he said.

“The literature is very scarce” on health span and life span, echoed Jonas Thue Treebak, an associate professor at the University of Copenhagen’s Novo Nordisk Foundation Center for Basic Metabolic Research. “The science is almost nonexistent.”

That hasn’t stopped people — including longevity expert-influencers like David Sinclair and celebrities like Joe Rogan — from trying the treatments.

What Researchers Know So Far

NAD+ levels below a certain threshold are correlated with a higher risk of organ and tissue dysfunction, said Dr Shin-ichiro Imai, a professor of environmental medicine at Washington University School of Medicine in St. Louis. (Many experts who study NAD+ also have associated financial ties. For example, Dr Imai receives royalties on patents for some products related to NAD+.)

But scientists are still debating whether NAD+ decline actually speeds the aging process, or if it’s just associated with it.

I don’t think you can say there is or there isn’t evidence that NAD+ drives the aging process,” said Dr Eduardo Chini, a pharmacology professor who runs a metabolic research lab at the Mayo Clinic in Jacksonville, Florida (Dr Chini has a patent on a drug that blocks a protein believed to break down NAD+, but said he did not support the use of these types of inhibitors or therapies until large-scale clinical trials had proven their benefits.)

Along with trying to better understand the role of the molecule in aging, researchers are investigating the best way to increase its levels in the body.

NAD+ boosting is an umbrella term for several longevity therapies currently on the market. These include NAD+ infusions or pills, as well as treatments using smaller molecules, called “precursors,” that convert into NAD+ once they’re in the body. These include nicotinamide mononucleotide, or NMN, and nicotinamide riboside, known as NR.

Many experts think the NAD+ molecule is too big to be absorbed into cells and that the precursors have more potential promise for anti-aging.

Early evidence on NAD+ boosting in mice (including a study that Dr Imai worked on) has shown that rodents that were given NMN treatments lived longer and stayed healthier than those who did not receive the treatments, though some trials suggest the effects could vary by sex.

The human studies have been very small, and the results have been modest. One analysis of studies that focused on NMN therapy for improving metabolic health concluded that infusions and oral supplements had little to no benefit. Another set of studies using a variety of precursors found mild improvements in cell function and reduced inflammation.

Small studies specifically focused on NAD+ boosting in older adults, and in people with particular health conditions, have shown more benefits. A 12-week study on 60 subjects found that N.M.N. mildly improved the sleep quality of healthy adults in their 70s and 80s. Another on two dozen prediabetic women found that N.M.N. improved insulin sensitivity, but the researchers only observed subjects over 10 weeks.

“In humans, no studies have been conducted to show that elevating NAD+ levels in young age can prevent the loss of NAD+ as we age,” Dr Treebak said.

The Treatments & Risks

Longevity clinics offer weekly or biweekly IV infusions for hundreds of dollars a session, and retailers sell pills, to be taken daily or weekly, starting at about $20 a month. Some use NAD+ itself, while others use precursors or other versions of the molecule.

Because these treatments are marketed as wellness products or dietary supplements, they don’t have to be reviewed or approved by the Food and Drug Administration before they are sold to consumers. As a result, the manufacturers’ claims may not be supported by scientific evidence, said Jennifer Oliva, a professor at the Maurer School of Law at Indiana University Bloomington.

There can also be a wide variation in the products’ dosage and quality. One recent study found that most N.M.N. supplements contain a different amount of the molecule than advertised. In an email to The Times, an FDA spokesperson said the agency had not approved any NAD+ products for medical use and that it had sent warning letters to companies marketing NAD+ products with unproven health claims.

If you decide to try NAD+ boosting, experts recommend caution. While short-term human studies suggest these therapies may be safe, “we don’t know what the long-term effects of these supplements may be,” Dr Craighead said.

It’s also not clear if taking an excess amount of any of these supplements could damage organs, including the liver, said Joseph Baur, a physiology professor at the University of Pennsylvania Perelman School of Medicine. And studies have noted some potential side effects, including headaches and muscle pain.

It’s also possible that these treatments could be more effective for a different set of patients. Some researchers think there’s stronger evidence that NAD+ therapies slow the progression of age-related illnesses, like heart disease or Parkinson’s disease, rather than delay cell aging in young, healthy people, Dr Baur said. (Dr Baur has consulted for and received research funding from companies studying NAD+, and he has a patent related to the molecule.)

Dr Chini also thinks NAD+ may be better used to battle illness than to slow cell aging. He also worries that commercialising its use in unproven longevity treatments could take the focus away from studying its potential to treat diseases like Parkinson’s.

Too much hype could “hurt real therapies,” he said.

The article originally appeared in The New York Times.



Source link

29 10, 2025

XRP Price Prediction: XRP Eyes $3.60 Breakout as Liquidity Cluster and Whale Accumulation Drive Momentum

By |2025-10-29T08:34:45+03:00October 29, 2025|Crypto News, News|0 Comments

Investor confidence in XRP is strengthening as whales accumulate hundreds of millions worth of tokens and liquidity clusters form above current levels.

With XRP trading around $2.67 and the market eyeing the $3.60 breakout zone, the asset’s next move could determine whether this bullish wave matures into a full-scale rally.

XRP Approaches Critical Resistance Levels

According to crypto analyst Stephanie Starr (@StephanieStarrC), XRP is at a pivotal point. “This has been a level of resistance since early July. I will not get overly excited until we clear $3.22 and $3.60,” Starr noted. XRP recently tested $2.68, reflecting its struggle to break through long-standing resistance while maintaining support near $2.50.

XRP hits a critical resistance zone—watching $3.22 and $3.60 for the next breakout! Source: @StephanieStarrC via X

Technical charts from Bitstamp highlight ascending trend lines and repeated attempts to surpass resistance. Analysts suggest that a successful close above $3.22 could pave the way for a breakout toward $3.60. If momentum is sustained, some projections even anticipate a potential bull flag toward $4.50.

Liquidity Clusters Signal Potential Upside

A recent analysis from Steph is Crypto (@Steph_iscrypto) highlights a dense liquidity cluster for XRP between $3.2 and $3.8. “This is where price wants to go,” the post noted, emphasizing the importance of accumulated orders in fueling breakouts.

XRP Price Prediction: XRP Eyes .60 Breakout as Liquidity Cluster and Whale Accumulation Drive Momentum

XRP’s $3.2–$3.8 liquidity cluster is exploding—target zone in sight! Source: @Steph_iscrypto via X

Liquidity clusters often act as magnets for price movement, attracting leveraged positions and triggering stop sweeps that can accelerate short-term rallies. On-chain data confirms heavy positioning in this range, signaling strong market interest.

Whale Accumulation Boosts Market Confidence

In October 2025, whales acquired $560 million in XRP, signaling strong institutional confidence in the asset. This significant accumulation points to potential upward momentum as large holders position themselves ahead of possible breakouts.

Whale Accumulation Boosts Market Confidence

The XRP mid-base channel shows accumulation—holding here hints at upside, but breaking below could spark concern. Source: @GeoMetric_9 via X

Ripple’s ongoing advisory expansions and ecosystem developments have further reinforced optimism among traders and investors. Combined with on-chain data showing heavy leveraged positioning, XRP’s market activity suggests that both short-term gains and long-term growth are being closely watched by key players.

Market Sentiment and Strategic Considerations

Despite bullish signals, analysts caution traders to remain vigilant. XRP’s mid-base channel currently acts as a key accumulation zone. As long as the asset holds above the channel, upside potential remains. Consecutive closes below this level, however, could indicate short-term weakness.

Crypto experts suggest a balanced approach to trading XRP. While moon targets such as $9 remain mathematically possible, these are based on extended projections and require careful risk management.

Final Thoughts

XRP is showing signs of strong accumulation within its mid-base channel, supported by whale activity and a dense liquidity cluster between $3.2–$3.8. Holding above this channel suggests that upside momentum toward $3.60 remains possible, with technical indicators pointing to potential further gains. Traders and investors are watching these levels closely, as they could determine the next significant move for the asset.

Market Sentiment and Strategic Considerations

XRP was trading at around $2.66, down 0.70% in the last 24 hours at press time. Source: XRP price via Brave New Coin

However, caution remains essential. Consecutive closes below the channel or key resonance lines could signal weakness, while ambitious targets like $5–$10 require careful risk management. A strategic approach, laddering positions, and leaving small “moon bags” for long-term growth can help navigate the market’s volatility without overexposure.

Source link

29 10, 2025

XAU/USD looks to Fed policy verdict for next directional impetus

By |2025-10-29T07:15:15+03:00October 29, 2025|Forex News, News|0 Comments


Gold is replicating Tuesday’s Asian bounce toward the $4,000 mark early Wednesday as traders look to cash in on the recent sharp correction from record highs of $4,382 ahead of the critical US Federal Reserve (Fed) monetary policy decision.  

Gold: Will the rebound last on the Fed outcome?

Having lost another 3.5% of its value so far this week, Gold is attempting a tepid recovery on profit book, as markets resort to pre-Fed repositioning.

However, the further upside in Gold appears capped by easing US-China trade concerns and the ongoing risk rally on global stocks.

Heading into the crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping, Trump said that he expects to lower fentanyl linked tariffs on China, while reiterating, “I think we are going to have a great meeting with Xi.”

The near-term direction in Gold could be driven by the Fed policy announcements and the outcome of the Trump-Xi meeting.

The Fed is widely expected to lower the key interest rates by another 25 basis points (bps), following the “risk management cut” in September. As the rate decision is fully priced in, the focus will be on the voting composition and any hints from Fed Chair Jerome Powell on future rate reductions.

Markets expect a 9-3 vote split, as Fed Governor Stephen Miran is again expected to dissent in favor of a 50 bps cut, while board members Goolsbee and Musalem are seen leaning in favor of rates on hold.

In case the vote count surprises with 10-2 or 11-1 in favor of a 25 bps rate cut and/ or Powell underscores the increasing downside risks to the labor market, that is likely to be perceived as dovish. This scenario is set to revive the record-setting rally for the non-yielding bullion.

However, Gold could accelerate its corrective downside if the vote split comes out hawkish, watering down hopes of further rate cuts, especially for the December meeting.

All in all, the Fed statement and Powell’s words will be closely scrutinized for the central bank’s outlook on inflation, growth and labor market amid the US government shutdown-driven data drought.

But markets could continue to remain wary ahead of Thursday’s Trump-Xi meeting.

Gold price technical analysis: Daily chart

The daily chart shows that Gold price has sustained its rebound from near the critical support at $3,847, which is the 50% Fibonacci Retracement (Fibo) level of the parabolic rise that began in mid-August.

However, it is critical for buyers to recapture the $4,000 round figure to negate the near tern bearish bias.

The important resistance levels to watch out for on a dovish Fed are $4,000 and the 21-day Simple Moving Average (SMA) at $4,064, followed by $4,129 – the 23.6% Fibo level of the same ascent.

In case of a less dovish Fed outcome, Gold could once again challenge the abovementioned 50% Fibo support at $3,847,  below which the 50-day SMA at $3,795 aligns.

The last line of defense for buyers is seen at the $3,721, which the 61.8% Fibo level (Golden ratio).

The 14-day Relative Strength Index (RSI) is flatlining close to the 50 threshold, suggesting a lack of clear trading incentives in the bright metal.

Economic Indicator

Fed Interest Rate Decision

The Federal Reserve (Fed) deliberates on monetary policy and makes a decision on interest rates at eight pre-scheduled meetings per year. It has two mandates: to keep inflation at 2%, and to maintain full employment. Its main tool for achieving this is by setting interest rates – both at which it lends to banks and banks lend to each other. If it decides to hike rates, the US Dollar (USD) tends to strengthen as it attracts more foreign capital inflows. If it cuts rates, it tends to weaken the USD as capital drains out to countries offering higher returns. If rates are left unchanged, attention turns to the tone of the Federal Open Market Committee (FOMC) statement, and whether it is hawkish (expectant of higher future interest rates), or dovish (expectant of lower future rates).



Read more.

Next release:
Wed Oct 29, 2025 18:00

Frequency:
Irregular

Consensus:
4%

Previous:
4.25%

Source:

Federal Reserve



Source link

Go to Top