Bitcoin, gold, and silver are playing hide-and-seek with their prices, much like a toddler with a cookie jar. The bulls are flexing their muscles, ready to charge the gates of the October FOMC minutes, which are due at 2:00 ET like a tardy guest at a party. 🐐💰
The FOMC minutes are the Fed’s version of a “transcript” from a secret meeting, where they probably discussed how to confuse the market. These minutes could be the key to unlocking rate cuts, or maybe just another round of “wait and see” nonsense. 🐸
BTC, XAU and XAG Brace for Minutes of Fed’s October FOMC Meeting
The October FOMC meeting already happened, but today, the Fed is serving up a “transcript” like a magician pulling a rabbit out of a hat. 🧙♂️ However, the shutdown has left inflation data missing, so the Fed is flying blind with a map made of smoke. 🕯️
If the minutes hint at a rate cut, markets might dance like a drunk squirrel. If they’re hesitant, the market could yawn and go back to sleep. 🐿️💤
Meanwhile, the only real signal markets have before December is this report. It’s like trying to navigate a maze with a flashlight in a pitch-black room. 🔦
Bitcoin Bulls Defend $90,000 Psychological Level
On the one-day timeframe, BTC bulls are defending the $90,000 fortress, but their RSI is weaker than a wet noodle. 🍝 If the bears take over, Bitcoin could drop to $86,707, which is like losing a bet at a casino. 🎰
But if buyers rally, the price could flip resistance into support. However, the red volume profiles are like a crowd of skeptics whispering, “Not so fast.” 😏
So, traders, keep your fingers crossed and your wallets ready. The Fed’s minutes are as predictable as a weather forecast in a thunderstorm. ☔
Gold Price Pushes to Fill the FVG, But $4,135 Remains Critical
Gold is trying to fill the FVG like a hungry bear at a honey stand. With the RSI rising, it’s like a firework show-bright, but not guaranteed to last. 🔥
Traders should wait for a candlestick close above $4,135, or risk getting burned by a sudden pullback. 🌋
But if gold drops to $4,061, it’ll be a sad day for investors. Think of it as a rollercoaster that’s stuck at the top. 🎢
Bears Counter Silver Price’s Push Toward October High
Silver is chasing gold like a puppy after a tennis ball. The RSI is climbing like a mountain climber with a coffee buzz. ☕
If silver flips $52.46 into support, it could target $54.37. But if it fails, it’ll be back to the drawing board. 📝
So, traders, keep your eyes on the prize and your wallets secure. The Fed’s minutes are as clear as mud, and the market is a game of chance. 🎲
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2025-11-19 16:03