Gold hits $3,500, crypto profit-taking, indices rally, NFP ahead [Video]

Jasper Osita Independent Analyst

The markets are at a critical turning point this week, and in this video, I break down the major moves across asset classes:

Gold’s surge to $3,500

Gold has pushed into uncharted territory, hitting the $3,500 level as risk-off sentiment and Fed cut expectations fuel safe-haven demand. We’ll explore the catalysts behind this move and what it means for traders in the days ahead.

Crypto money rotation

After weeks of strong gains, the crypto market is showing signs of rotation. Altcoins are cooling off as traders take profit, while Bitcoin and Ethereum face key resistance zones. Is this just a healthy reset or the start of a deeper correction?

US indices gearing up

The S&P 500, Nasdaq, and Dow Jones are showing strength and building momentum toward new all-time highs. With investor sentiment improving, I’ll discuss what levels to watch and how earnings and Fed policy are shaping the next leg higher.

Forex majors in a waiting game

EUR/USD, GBP/USD, USD/JPY and other major pairs remain rangebound as traders position for Friday’s Non-Farm Payrolls (NFP) release. Liquidity is building up, and a strong or weak jobs report could trigger the breakout.
This week’s price action reflects a market in transition - from profit-taking in crypto to safe-haven demand in gold and bullish equity positioning. The real volatility catalyst, however, may come from NFP, which could dictate USD direction across the board.

If you’re a trader looking for:

Short-term trade setups.
Macro market narratives.
Technical outlooks with clear scenarios.

This breakdown will help you stay prepared.

Author

Jasper Osita

Independent Analyst

Jasper has been in the markets since 2019 trading currencies, indices and commodities like Gold. His approach in the market is heavily accompanied by technical analysis, trading Smart Money Concepts (SMC) with fundamentals in mind.

GBP/USD remains in two-day highs around 1.3260

GBP/USD adds to Friday’s bounce, gathering fresh traction and flirting with the 1.3270 zone on Monday, or two-day tops. Cable’s decent advance comes despite the move higher in the Greenback and investors’ assessing of UK PM K. Starmer's resignation.

EUR/USD remains offered; focus is on 1.1400

EUR/USD rapidly gives back Friday’s rebound and trades with marked losses near 1.1420, or three-month lows, in the latter part of Monday’s NA session. The pair’s intensifies its retracement following the continuation of the robust upside momentum in the US Dollar. Next on tap will be preliminary PMIs the Germany and the Euroland.

Gold bounces off lows, looks to surpass $4,200

Gold regains composure and leaves behind three-consecutive daily declines on Monday, looking to regain the area above the $4,200 mark per troy ounce. Reports of progress in the latest round of US-Iran talks are helping the precious metal maintain its footing at the start of the week, although the stronger Greenback seems to limit the upside potential for now.

XRP recovery underpinned by persistent ETF inflows

Ripple (XRP) gains momentum on Monday, trading above $1.15 as the crypto market widely recovers. This recovery comes amid easing geopolitical tensions in the Middle East, following reports that the United States (US) and Iran made progress in the first round of talks aimed at achieving a lasting peace agreement.

Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash

SHIB, the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021. Is SHIB simply another fading meme coin, or is the market overlooking a possible recovery story?

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.