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XRP has finally broken above a major resistance zone, igniting fresh bullish momentum across the market. After weeks of consolidation, the token closed above the $3.03–$3.08 range, a level that had capped gains for months. This decisive breakout has shifted sentiment, with traders now eyeing higher targets as momentum indicators flash green. XRP Market Performance Analysis The XRP Technical charts confirm the bullish setup. The Relative Strength Index (RSI) has crossed into favorable territory, hovering around 58, a level that historically precedes strong rallies. Volume has also spiked, reflecting growing buyer confidence. Analysts say this confluence of price action and momentum signals could pave the way for XRP’s next big move. Immediate resistance sits at $3.30, with further upside targets at $3.65 and $4.20. On the downside, support is clustered between $2.72 and $3.00, levels bulls must defend to keep the trend intact. ETF Speculation Adds Fuel, But Doubts Remain Adding to the buzz is renewed speculation around a potential XRP ETF. Supporters argue that Ripple’s partial legal clarity and XRP’s utility in cross-border payments make it a prime ETF candidate. An approval, they say, could unlock institutional inflows and trigger a powerful demand surge. However, skeptics caution that XRP’s regulatory status remains murky in several jurisdictions. Unlike Bitcoin and Ethereum, XRP’s classification is still contested, raising doubts over whether an ETF is likely in the near future. Even if approval comes, some analysts argue that XRP’s utility-focused design may limit its appeal as a traditional investment vehicle. For now, ETF chatter remains speculative, but it has injected optimism into the XRP community as the token tests key levels. Whale Selling and Short-Term Pullbacks Despite the bullish setup, on-chain data shows that whales have offloaded over 160 million XRP in recent weeks. Historically, such large-scale selling reflects profit-taking and risk management by institutional players. Yet, XRP’s ability to stabilize around $3 despite this pressure signals strong retail demand. Short-term pullbacks have also been noted, with traders highlighting key support between $2.87 and $2.95. Analysts suggest these dips could provide entry points for bulls aiming for the next breakout above $3.30. Overall, XRP’s resilience, improving technicals, and growing adoption narratives suggest the token is gearing up for its comeback. The coming days will determine whether bulls have the strength to extend this breakout into a sustained rally. Cover image from ChatGPT, XRPUSD chart from Tradingview

The wave structure of the 4-hour EUR/USD chart has remained unchanged for several months, which is encouraging. Even when corrective waves form, the overall structure holds together. This makes accurate forecasting possible. It should be noted that wave patterns do not always look like textbook examples. At the moment, the pattern looks very clear. The upward segment of the trend continues to develop, while the news background continues to support mostly not the dollar. The trade war initiated by Donald Trump is ongoing. The confrontation with the Fed continues. Market "dovish" expectations for the Fed's rate are growing. The market's assessment of Trump's first 6–7 months remains low, even though U.S. GDP growth in Q2 reached 3%. Currently, it can be assumed that the formation of impulse wave 5 continues, with potential targets extending as far as the 1.25 level. Inside this wave, the structure is somewhat complicated by the sideways movement observed over the past month. Nevertheless, waves 1 and 2 can be identified. Accordingly, I believe the instrument is now within wave 3 of 5. The EUR/USD rate rose by 20 basis points on Monday, while trading amplitude remained weak. The news background was very limited today, but buyers still dominated the first half of the day, allowing the euro to gain slightly in value. In the second half, the New York Manufacturing Index, which is not the most important market indicator, came out at -8.7 points in September instead of the expected 5–10 points. Paradoxically, after this report demand for the U.S. dollar even ticked up slightly, though I tend to believe the market largely ignored it. This week, there will be plenty of important events in the U.S., the EU, and the U.K. From the very beginning of trading, market participants showed they were inclined toward new purchases. What remains is for upcoming events to support the euro. This evening will feature the first of three speeches by ECB President Christine Lagarde, although this event is unlikely to affect market sentiment. Traders will be waiting for key reports that will shape central bank decisions. The Fed meeting should be highlighted as the key event of the week. Despite the market being confident in its expectations of a 25 basis point rate cut, what matters is the tone Jerome Powell will adopt. Recently, dovish expectations in the futures market have been growing, as four consecutive Nonfarm Payrolls reports have been extremely weak. From this perspective, the real question is not whether the FOMC will cut rates in September (that is already certain), but how many times the Fed will cut rates in the near future. Dot plot charts currently suggest two cuts this year, but given the poor statistics, there could be more. General conclusions.Based on the EUR/USD analysis, I conclude that the instrument continues to build an upward segment of the trend. The wave structure still largely depends on the news background related to Trump's decisions and the foreign and domestic policy of the new Administration. The trend's potential targets may extend up to the 1.25 level. With the news background developing as it is, I continue to consider buy positions, with initial targets around 1.1875, corresponding to the 161.8% Fibonacci extension, and higher. On a smaller scale, the entire upward segment of the trend is visible. The wave structure is not textbook-standard, as corrective waves differ in size. For example, the larger wave 2 is smaller than the internal wave 2 within wave 3. However, this also happens. It should be remembered that it is best to highlight clear structures on the charts rather than tying every move to individual waves. Currently, the upward structure leaves little doubt. The main principles of my analysis: Wave structures should be simple and clear. Complex structures are difficult to trade and often change.If there is no confidence in what is happening in the market, it is better to stay out.There can never be 100% certainty about the market's direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the Japanese yen The price test of 147.54 in the first half of the day occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. The dollar may rise against the yen if the U.S. Empire Manufacturing Index shows strong results. However, the figures would need to significantly exceed economists' expectations. The Empire Manufacturing Index, which reflects the state of the manufacturing sector in New York State, is traditionally considered an indicator of U.S. economic activity. Better-than-expected results often signal rising production, higher orders, and overall improvement in business confidence. Any strengthening of the dollar against the yen in response to strong Empire Manufacturing data is likely to be temporary, allowing medium-term traders betting on yen strength to enter at more attractive prices. For this reason, I would not count on strong USD/JPY growth. A positive Empire Manufacturing Index may support overall confidence in the U.S. economy, but it is unlikely to influence the Fed's interest rate plans. Thus, strong data could trigger a short-term dollar rise against the yen, but the effect would likely be brief. As for intraday strategy, I will mainly rely on scenarios #1 and #2. Buy signal Scenario #1: I plan to buy USD/JPY today if the entry point around 147.45 (green line on the chart) is reached, with a target at 147.91 (thicker green line on the chart). At 147.91, I will exit buys and open sells in the opposite direction, expecting a 30–35-point move downward. Growth will only be realistic after strong data.Important! Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy USD/JPY if the price tests 147.25 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 147.45 and 147.91. Sell signal Scenario #1: I plan to sell USD/JPY after the price breaks below 147.25 (red line on the chart), which would lead to a rapid decline. The key target for sellers will be 146.82, where I will exit sales and open purchases in the opposite direction, aiming for a 20–25-point rebound. Selling pressure is likely to return if the data is weak.Important! Before selling, make sure the MACD indicator is below the zero line and just starting to decline from it. Scenario #2: I also plan to sell USD/JPY if the price tests 147.45 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can then be expected toward 147.25 and 146.82. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding to enter trades. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always place stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. Remember: successful trading requires a clear trading plan, like the one presented above. Spontaneous decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the British pound The price test of 1.3573 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming the correct entry point for buying the pound. As a result, the pair rose toward the target level of 1.3608. The absence of U.K. statistics had a positive effect on the pound. Without fresh data to assess the state of the British economy, investors tend to rely on existing trends and the overall perception of risk. In the second half of the day, the Empire Manufacturing Index will be released, and only strong data could help the dollar rise against the pound. However, even with positive results, it would be premature to talk about a fundamental trend reversal. Despite domestic economic challenges, the pound continues to show resilience. Even if the Empire Manufacturing Index turns out strong, this may only provide temporary support for the dollar, unlikely to outweigh long-term negative economic factors. As for intraday strategy, I will rely mainly on scenarios #1 and #2. Buy signal Scenario #1: I plan to buy the pound today if the entry point at 1.3618 (green line on the chart) is reached, with a target at 1.3662 (thicker green line on the chart). Around 1.3662, I will exit buy positions and open sells in the opposite direction, aiming for a 30–35-point move downward from the level. Strong pound growth today can be expected only after weak U.S. data.Important! Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy the pound if the price tests 1.3588 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 1.3618 and 1.3662. Sell signal Scenario #1: I plan to sell the pound after the price updates 1.3588 (red line on the chart), which will lead to a rapid decline in the pair. The key target for sellers will be 1.3540, where I will exit sell positions and open buys in the opposite direction, aiming for a 20–25-point move upward. The pound is unlikely to collapse, even in the case of strong U.S. data.Important! Before selling, make sure the MACD indicator is below the zero line and just beginning to decline from it. Scenario #2: I also plan to sell the pound if the price tests 1.3618 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can then be expected toward 1.3588 and 1.3540. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding on market entries. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you choose to trade during news releases, always place stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you ignore money management and trade with large volumes. Remember: successful trading requires a clear trading plan, such as the one presented above. Spontaneous decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the euro The price test of 1.1738 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming the correct entry point for buying the euro and resulting in a 20-point rise. A slight narrowing of the eurozone trade surplus only temporarily slowed the pair's growth, after which the euro's upward trend resumed. Now, in the second half of the day, the Empire Manufacturing Index will be released. An increase in the Empire Manufacturing Index in the U.S. may strengthen the dollar, but it is unlikely to be enough to reverse the current market trend. Traditionally, the Empire Manufacturing Index, which reflects the state of New York's manufacturing sector, plays an important role in assessing the U.S. economy. If the index exceeds forecasts, it usually points to a rise in production, more orders, and overall business optimism. In such cases, investors tend to show increased interest in the dollar. However, if the figures disappoint significantly, the dollar is likely to weaken further against the euro, as this would reinforce expectations of a Federal Reserve rate cut this week. As for intraday strategy, I will mainly rely on scenarios #1 and #2. Buy signal Scenario #1: Buying the euro is possible today if the price reaches 1.1773 (green line on the chart) with the target at 1.1826. At 1.1826, I plan to exit the market and sell the euro in the opposite direction, expecting a 30–35-point move from the entry point. Growth should be considered only if U.S. data is weak.Important! Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy the euro if the price tests 1.1744 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 1.1773 and 1.1826. Sell signal Scenario #1: I plan to sell the euro after it reaches 1.1744 (red line on the chart). The target will be 1.1699, where I plan to exit the market and immediately buy in the opposite direction, aiming for a 20–25-point rebound. Pressure on the pair will return if U.S. data is strong.Important! Before selling, make sure the MACD indicator is below the zero line and just beginning to decline from it. Scenario #2: I also plan to sell the euro if the price tests 1.1773 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline toward 1.1744 and 1.1699 can be expected. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner traders in the Forex market must be very cautious when deciding to enter trades. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always set stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. Remember: successful trading requires a clear plan, like the one presented above. Spontaneous trading decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

The euro was well executed today through the Mean Reversion strategy. Due to low market volatility, there was no opportunity to trade via Momentum. The decline in the eurozone trade balance surplus pressured the euro, but buyers took advantage of the moment to increase long positions. Overall, the U.S. dollar will continue to weaken against risk assets. It is clear that the dollar is under pressure from the relatively dovish policy expected from the Federal Reserve in the near future. In the second half of the day, the Empire Manufacturing Index will be released, but it is unlikely to shift market sentiment in favor of the dollar. The market appears to have already priced in moderately negative data, given the broader picture of slowing U.S. economic activity. Moreover, traders are focused on global factors, such as the Fed's decision on interest rates. Geopolitical issues, including renewed U.S.–China trade tariff disputes, are also influencing the currency market. In the short term, the EUR/USD pair will likely continue its upward movement, driven by the fundamental strength of the European economy and the ECB's restrictive stance. In the case of strong data, I will rely on implementing the Momentum strategy. If the market does not react to the release, I will continue using the Mean Reversion strategy. Momentum Strategy (breakout) for the second half of the day: For EUR/USD Buying on a breakout above 1.1760 may push the euro toward 1.1790 and 1.1825.Selling on a breakout below 1.1740 may push the euro down to 1.1715 and 1.1693.For GBP/USD Buying on a breakout above 1.3615 may push the pound toward 1.3643 and 1.3677.Selling on a breakout below 1.3585 may push the pound down to 1.3555 and 1.3525.For USD/JPY Buying on a breakout above 147.40 may push the dollar toward 147.75 and 148.05.Selling on a breakout below 147.25 may push the dollar down to 146.90 and 146.66.Mean Reversion Strategy (reversal) for the second half of the day: For EUR/USD I will look for selling opportunities after a failed breakout above 1.1763 with a return below this level.I will look for buying opportunities after a failed breakout below 1.1730 with a return above this level. For GBP/USD I will look for selling opportunities after a failed breakout above 1.3617 with a return below this level.I will look for buying opportunities after a failed breakout below 1.3573 with a return above this level. For AUD/USD I will look for selling opportunities after a failed breakout above 0.6674 with a return below this level.I will look for buying opportunities after a failed breakout below 0.6652 with a return above this level. For USD/CAD I will look for selling opportunities after a failed breakout above 1.3842 with a return below this level.I will look for buying opportunities after a failed breakout below 1.3824 with a return above this level.The material has been provided by InstaForex Company - www.instaforex.com

GBP/USD Brief analysis: Quotes of the British pound in the main pair continue the uptrend that started early this year. The unfinished corrective wave section (B) has been moving the price sideways for the past two months. Previously broken resistance has turned into support, along which quotes have formed a price channel. Weekly forecast: At the beginning of the upcoming week, sideways movement of the pound is expected, with a bearish vector toward calculated support. After that, the price may transition into a sideways range, followed by a reversal and renewed growth. The resistance zone shows the maximum expected range of growth. Potential reversal zones Resistance: 1.3680/1.3730Support: 1.3430/1.3380Recommendations Selling: limited potential due to nearby support, acceptable in reduced volumes within individual sessions.Buying: premature until confirmed reversal signals appear near support. AUD/USD Brief analysis: The direction of the Australian dollar's major pair since April has been set by an upward wave. The current upward section started on August 21. Price is approaching the lower boundary of a strong potential reversal zone on the daily timeframe. Weekly forecast: At the start of the week, sideways movement is likely. The pair may decline to the support zone. Toward the weekend, a reversal and resumption of upward movement can be expected. Potential reversal zones Resistance: 0.6720/0.6770Support: 0.6610/0.6560Recommendations Buying: no market conditions until reversal signals appear.Selling: possible in fractional volumes in scalping style within separate sessions. USD/CHF Brief analysis: The short-term trend of the Swiss franc pair since April has been set by an upward wave. The structure is forming as a descending flat. The final part (C) is not yet complete. In recent weeks, price has corrected along the upper boundary of a strong potential reversal zone. Weekly forecast: At the beginning of the week, further downside movement is expected, toward support. Later, the probability of reversal and renewed growth increases. Resistance marks the upper boundary of the weekly range. Potential reversal zones Resistance: 0.8180/0.8230Support: 0.7930/0.7880Recommendations Selling: low potential, may lead to losses.Buying: possible after confirmed reversal signals near support. EUR/JPY Brief analysis: The euro-yen pair has been forming an upward wave structure since early August. The structure is shaping a corrective pullback within the final part (C). Last week, quotes moved along support. Weekly forecast: At the beginning of the week, sideways movement is likely, with possible moves toward support. In the second half, a reversal and upward movement are probable. A temporary breakout below support cannot be excluded. Potential reversal zones Resistance: 175.00/175.50Support: 171.00/170.50Recommendations Selling: low potential, risky.Buying: may become the main strategy after confirmed reversal signals near support. US Dollar Index Brief analysis: The short-term trend of the dollar index has been downward since early August. In recent months, a correction has been forming sideways along previously broken support, now resistance. The next stage will be the final part (C). Weekly forecast: At the start of the week, sideways movement is possible. A rise to resistance cannot be excluded. In the second half, volatility is expected to increase with renewed downside movement. Support marks the upper boundary of the current wave's target zone. Potential reversal zones Resistance: 98.00/98.20Support: 96.90/96.70Recommendations Buying the dollar is premature. Strengthening of national currencies and dollar weakness should be prioritized in trading this week. Bitcoin Brief analysis: After weakening in early September, Bitcoin entered a growth phase. The bullish wave has gained over 10 figures in the past two weeks. Price is nearing the lower boundary of the potential reversal zone. An intermediate pullback is needed before continuation. Weekly forecast: At the beginning of the week, sideways movement is likely, with possible declines to support. Toward the weekend, volatility may increase and upward movement resumes. A breakout above resistance within the week is unlikely. Potential reversal zones Resistance: 119000.0/120000.0Support: 114000.0/113000.0Recommendations Selling: high risk, low potential, may lead to losses.Buying: possible after confirmed reversal signals near support. Gold Brief analysis: Gold continues to move upward in line with the global trend. The main wave structure is nearing completion. Quotes have reached the boundaries of the daily reversal zone. No signs of reversal are present. Weekly forecast: In the coming days, movement toward resistance is likely. Then sideways consolidation may follow, creating conditions for a reversal. A temporary breakout above resistance cannot be ruled out. Potential reversal zones Resistance: 3660.0/3680.0Support: 3580.0/3560.0Recommendations Buying: low potential, may be unprofitable.Selling: may become attractive after confirmed reversal signals near resistance. Explanations: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). Each timeframe is analyzed by its last unfinished wave. Expected movements are shown with dashed lines. Note: The wave algorithm does not account for the duration of movements over time. The material has been provided by InstaForex Company - www.instaforex.com

High-grade results from drilling at Seabridge Gold’s (TSX: SEA; NYSE: SA) Iskut project in British Columbia’s Golden Triangle have confirmed the continuity and size of the Snip North target and spurred the company to add 3,000 metres to its drill program. Highlight hole SN-25-30 cut 104.3 metres grading 1.55 grams gold per tonne, 0.25% copper and 4.5 grams silver from 390 metres depth, including 57.6 metres at 2.62 grams gold, 0.4% copper and 3 grams silver, Seabridge reported Monday. “A core zone may be emerging within this mineralized envelope showing strong gold and copper grades that we see continuing for hundreds of meters in our drill logs,” Seabridge Chair and CEO Rudi Fronk said in a release. “We will achieve the density of drilling projected to be necessary for a maiden resource and we are confident of announcing a mineral resource estimate for Snip North early next year based on this drill program.” The results from an 18,000-metre program follow similarly high-grade intersections just over one month ago at Snip North that extended the target’s footprint. The summer has been a particularly busy drilling season for several explorers in the Golden Triangle, whose southern edge is near the town of Stewart. Seabridge shares gained 7.5% to C$28.03 apiece by mid-Monday in Toronto, for a market capitalization of C$2.86 million. The stock has traded in a 12-month period of C$13.44 to C$28.39. Possible porphyry area Hole SN-25-30 has potentially cut a porphyry intrusion linked with the wider system in line with the program’s objectives, Seabridge said. Another noteworthy hole, SN-25-28, returned 513 metres grading 0.42 gram gold, 0.13% copper and 1.9 grams silver from 25 metres depth, including 32 metres at 1.05 grams gold, 0.25% copper and 4.2 grams silver. And hole SN-25-29 cut 342.5 metres at 0.64 gram gold, 0.1% copper and 1.1 grams silver from 298 metres depth, including 35.7 metres grading 0.85 gram gold, 0.16% copper and 2.1 grams silver. 1,800 metres of mineralization The results have shown the presence of steeply north-and-west-plunging copper-gold mineralization featuring potassic alteration and porphyry stockwork veining over a strike length of 1,800 metres. Snip North lies about 30 km by air from the company’s main KSM project, which could mean Snip North is a satellite deposit to KSM. Snip North could feed into a central mill and processing facility. KSM, one of the world’s largest undeveloped gold-copper projects, has 12 billion tonnes of economic resources across five deposits. It now has an after-tax net present value of $15 billion at spot metal prices, Fronk told The Northern Miner in a recent interview.

EUR/USD Brief analysis: The direction of price movement for the euro since the end of July this year has been defined by an upward wave. The wave level corresponds to the daily timeframe. At the end of August, quotes reached the lower boundary of a strong potential reversal zone. In recent weeks, the price has been in correction. Weekly forecast: In the first days of the coming week, the most likely scenario is sideways movement of the euro along resistance boundaries. Toward the weekend, volatility may increase, with a potential reversal and the beginning of a decline toward support levels. Potential reversal zones Resistance: 1.1760/1.1810Support: 1.1600/1.1550Recommendations Buying: low potential, safer to reduce volume size.Selling: may be considered after reversal signals appear near support. USD/JPY Brief analysis: The unfinished wave of the short-term upward trend of the yen pair began on August 21. This wave is part of a larger structure as correction (B), not yet complete. Since early August, a downward pullback has been forming within this model. Weekly forecast: Most of the week is expected to see sideways movement along resistance. Increased activity and renewed downside movement are more likely toward the weekend. A brief breakout above the upper boundary of the range cannot be ruled out. Potential reversal zones Resistance: 148.10/148.60Support: 145.70/145.20Recommendations Buying: high risk, potentially unprofitable.Selling: relevant after confirmed signals appear near resistance. EUR/CHF Brief analysis: Since March, the euro-franc pair has been moving toward the lower part of its price range. From mid-April, a corrective upward wave started from strong support, still incomplete. Recently, quotes have been moving sideways. Weekly forecast: In the coming days, sideways movement is likely to continue, with a higher probability of an upward move toward resistance. After consolidation, a reversal and renewed decline are expected by the weekend. Support marks the probable lower boundary of the week's move. Potential reversal zones Resistance: 0.9390/0.9440Support: 0.9280/0.9230Recommendations Buying: limited potential, possible in fractional volumes within sessions.Selling: premature until confirmed reversal signals appear near resistance. EUR/GBP Brief analysis: The euro-pound trend since mid-April has been defined by an upward wave. The middle section (B) is still forming. Over the past four weeks, price has drifted within a narrow range. Weekly forecast: Sideways movement is likely to continue. In the next couple of days, a downward move toward support is possible, followed by a reversal and renewed rise by the weekend. A breakout of the established corridor is unlikely. Potential reversal zones Resistance: 0.8730/0.8780Support: 0.8600/0.8550Recommendations Buying: possible after confirmed signals near support.Selling: limited potential, possible in intraday trading with reduced volume size. AUD/JPY Brief analysis: An unfinished upward wave structure in the AUD/JPY pair has been developing since early April. Over the past 1.5 months, a corrective section has been forming, while the upward segment launched the final part (C). The lower level of the strong reversal zone marks the target boundary of the current wave. Weekly forecast: In the coming days, upward momentum is likely to continue, with price moving toward resistance. By week's end, a reversal and renewed decline are expected. A temporary breakout above resistance cannot be ruled out. Potential reversal zones Resistance: 100.00/100.50Support: 96.30/95.80Recommendations Buying: possible within individual sessions in small volumes.Selling: not recommended until reversal signals appear near resistance. Ethereum Brief analysis: Since late August, Ethereum has turned downward, moving mainly sideways. The middle section (B) is still developing. Quotes are approaching the lower boundary of the potential reversal zone, with no signals of a reversal yet. Weekly forecast: In the coming days, a continued upward move is likely. Near resistance, a halt and reversal are possible. The second half of the week may bring higher volatility, with a probable resumption of the decline. Potential reversal zones Resistance: 4730.0/4830.0Support: 4270.0/4170.0Recommendations Selling: possible after confirmed entry signals near resistance.Buying: carries high risk, may lead to losses. Litecoin Brief analysis: Since July 21, Litecoin has been forming a descending flat. The corrective part (B) is not yet complete. The upper boundary of the reversal zone serves as strong resistance. Weekly forecast: Sideways movement is the most likely scenario. A bullish vector is more expected in the short term. Toward the weekend, volatility may increase, with a reversal and renewed decline. Potential reversal zones Resistance: 121.00/122.00Support: 101.00/100.00Recommendations Buying: possible in separate sessions with reduced volume size.Selling: not recommended until reversal signals appear near resistance. Explanations: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). Each timeframe is analyzed by its last unfinished wave. Expected movements are shown with dashed lines. Note: The wave algorithm does not account for the duration of movements over time. The material has been provided by InstaForex Company - www.instaforex.com

Gold prices rose to a new all-time high on Monday, as investors geared up for this week’s Federal Reserve meeting with the expectation that the US central bank will finally let loose and start cutting interest rates. Spot gold hit a fresh peak of $3,682.51 per ounce, about $9 higher than its previous high set nearly a week ago. US gold futures also jumped about 1% to $3,724.90 per ounce. Click on chart for live prices. The latest move takes gold’s year-to-date gains up to 40%, with geopolitical uncertainty and robust central bank buying providing strong momentum for the safe-haven metal. After surpassing the $3,500 mark in April, gold has largely consolidated within a tight range, but analysts say it looks poised to break out in the near term. The latest rally is largely driven by market-wide expectations of a quarter-point US rate cut this week after labour market data showed signs of weakness. “Expectations of a 25-basis-point rate cut are largely baked into the cake at this point,” Peter Grant, vice president and senior metals strategist at Zaner Metals, told Reuters. Those expectations have also driven Treasury yields to the lowest level in months and weakened the dollar, making bullion more appealing as a store of value. Traders are also pricing in at least another Fed rate cut before the end of the year, a sentiment that is also echoed by Grant, who gave $3,700 as his next upside target for gold. However, whether the US central bank will challenge these bets is a key question for investors. This week’s FOMC meeting comes at a time when the Fed faces unusual pressure amid a leadership dispute and President Donald Trump pushing for greater sway over policy. To analysts, a potential weakening of Fed’s independence could serve as another catalyst for gold. Those at Goldman Sachs recently predicted that gold could skyrocket to $5,000 an ounce should that scenario play out. Other banks, including UBS, have also been raising their price targets for gold, which, in inflation-adjusted terms, is already at its highest.

Iamgold (TSX: IMG; NYSE: IAG) says new assay results from Nelligan and Monster Lake in central Quebec deliver new high-grade hits that extend mineralization. In zone 36 at Nelligan, drill hole NE-25-239 cut 20.6 metres grading 1.93 grams gold per tonne from 330 metres depth and 13.5 metres at 2.17 grams, including 1.5 metres at 6.62 grams gold, the company said Monday. The Renard zone featured hole NE-25-244 with 24.5 metres at 3.24 grams gold from 851 metres downhole. At Monster Lake’s Megane zone, drill hole ML-25-29 returned 9 metres at 23.4 grams gold, including 5 metres at 40.7 grams gold, Iamgold said in a news release. “The results continue to expand the mineralized envelope of Nelligan and intersect high-grade veins at Monster Lake, demonstrating the potential to expand the current resource,” BMO Capital Markets mining analyst Matthew Murphy said in a note on Monday. “This drill program continues to outline what could be a compelling organic growth option.’ The results underscore how Iamgold is looking beyond its primary Côté gold mine in Ontario to build a pipeline of advanced projects in Quebec. By expanding Nelligan’s broad mineralized envelope and hitting high-grade veins at Monster Lake, the company is demonstrating the potential to grow resources in a mining-friendly jurisdiction where majors are already active. Shares peak Shares in Iamgold rose 2.9% by mid-Monday in Toronto to a 13.5-year high of C$15.90, valuing the company at C$9.16 billion. They’ve traded as low as C$6.07 in the past 52 weeks. Like most gold miners buoyed by record bullion prices, they’ve almost doubled this year. “These results confirm our decision to continue to increase our exploration activities within this camp,” Iamgold President and CEO Renaud Adams said in a release. “When you combine Nelligan with the high-grade satellite Monster Lake deposit, there are nearly 9 million oz. of resources in this mining camp already, positioning Nelligan among the largest gold projects in Canada with significant potential for further growth.” Next steps include further step-out drilling at the Nelligan and Monster Lake camps, which lie about 15 km apart and are accessed via road some 60 km southwest of Chibougamau, a region about 700 km north of Montreal. The company also plans infill drilling where spacing is wide, and refinement of geological and structural models to guide deeper, lateral and regional targets. Vertical and down-plunge potential at both Monster Lake’s high-grade veins and Nelligan’s mineralized horizons will be a focus. Drilling program Between January and April, Iamgold completed 11,583 metres of drilling across 27 diamond drill holes at Nelligan, of which 24 were infill within the resource shell and three were deeper holes testing down-plunge extensions at depth. Mineralization was intersected over a strike length of about 1.8 km and from vertical depths of about 350 to over 1,000 metres. Additional highlights at Nelligan included drill hole NE-25-244 which intersected 7.5 metres at 4.28 grams gold from 682 metres depth in zone 36. At the Renard zone, drill hole NE-25-239 cut 13.5 metres at 3.15 grams gold from 616.5 metres downhole. At Monster Lake, 16 diamond holes totalling 10,137 metres of drilling were completed between December and early June. This comprised 12 delineation holes around the existing resource block model and four deeper holes testing plunge and lateral extensions of the Megane zone and the Lower Shear zone. Nelligan contains 102.8 million indicated tonnes at 0.95 gram gold for 3.1 million oz. of contained gold, and 166.4 million inferred tonnes at 0.96 gram gold for 5.2 million oz, as of the end of last year. Monster Lake’s resource, in an underground mining scenario, is reported as 239,000 indicated tonnes grading 11 grams gold for 84,200 contained oz., and 1.05 million inferred tonnes at 14.4 grams gold for 488,500 ounces.

The US dollar finally breaks its range ahead of Wednesday's FOMC as market participants keep placing their pre-Meeting bets. After holding between 97.50 to 98.50 since August 11th, the Dollar Index has failed to hold support to start this week to regain lows reached in the previous week's downward fakeout. With Equities rallying to their continued highs, hopes for a dovish cut are extremely optimistic which could lead to some furious reactions. This move notably weakening the US Dollar also assisted majors like the British Pound and the Aussie to reach new highs. As a matter of fact, despite the odds for 50 bps retracting from 10% to 4% since Thursday, the US dollar still broke support which could be due to position closing or hedging (more on this in the EURUSD analysis) – Some mean-reversion buying is happening as I write this piece which deserves a close look. The Euro is also getting close to its August 22 peak which got reached right after Jerome Powell's Jackson Hole speech – As the FOMC approaches, let's have a look at levels for the EURUSD and the Dollar Index. Read More: Guide to the FOMC statement and September SEP: Key takeaways and what to watchWTI Oil Rallies 1% After Ukrainian Attacks on Russian Oil Facilities, Russia Sanction Calls GrowEURUSD 4H Chart – close to new monthly highs but forms a convergence EURUSD 4H Chart, September 15, 2025 – Source: TradingView Buyers took the most traded currency pair to about 120 pips from its Monthly highs and will have to do more work to reach new highs. A short-term bearish convergence (where a lower high in price = lower high in RSI) could prevent further movement – Don't forget that even if Market had to retrace from here, rangebound consolidation could impede much movement before. Nonetheless, the action is still evolving in an upward channel which should be monitored for breakout/continuation scenarios. A dovish cut from the FED could easily propulse the pair to new yearly highs (currently 1.1830) and vice-versa, but looking at the charts and recent price action, downside reactions could be heavier on a hawkish FED (which would also trigger many other Markets to revert). Keep a close eye on pre-FOMC trading in the pair, the highest it goes, the more dovish the expectations for Wednesday. Levels of interest for EURUSD trading: Resistance Levels: 1.1780 September 9th highsMain resistance 1.18 to 1.1830 (yearly highs)1.20 psychological level and 2021 highsSupport Levels: 1.1750 Intermediate Pivot (+/- 150 pips)1.1650 Key support1.16 Main support1.1470 Pivotal Support (bearish below this)Dollar Index (DXY) breaks its range support, what next? It is surprising to see that the range that held so strongly amid many dovish data points (dovish NFPs, last week's CPI and PPI) just before breaking at the weekly open. These days, everything can happen in Markets but in the past, action tended to stay more rangebound throughout the first few days of the week before the Wednesday meetings. However, everything is possible! A test of the past week fakeout-lows is approaching and breaching it could lead to further technical downside. However, the fundamentals of players putting more positions right before the FOMC are not adding up too much, so my guess would be that participants are currently hedging for a potential 50 bps cut, leading to the current moves. Watch the 97.25 lows, buyers are currently mean-reverting right just above these lows. Levels to watch for the Dollar Index: Support Levels: 97.40 to 97.80 Range Support (currently getting broken, fakeout?)Last Pivot before run-higher 97.15 Zone acting as Key Support2025 Lows Major support 96.50 to 97.00Resistance Levels: 98.00 Mid-Range pivot98.50 to 98.80 Resistance ZoneMid-line of the ascending channel and psychological level 99.50100.00 Main resistance zone Safe trades and a successful FOMC week! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Bitcoin has been the undisputed leader of the crypto market, but the balance of power is starting to shift. Recent market moves indicate that Bitcoin’s dominance is slipping as altcoins surge into the spotlight, driven by institutional interest and network upgrades. While Bitcoin remains the anchor of the digital asset space, altcoins are carving out their own narratives, and investors are beginning to take notice. Bitcoin Consolidates While Altcoin Captures Momentum In an X post, full-time crypto trader and investor, Daan Crypto Trades, has been observing a significant trend in the crypto space. Bitcoin’s dominance (BTC.D) is still trending lower, which shows that altcoins are currently outperforming the market leader. Daan points to the possibility of a crazy end-of-cycle run for altcoins, which could see BTC dominance drop to the 48-49% level. He notes that this is a level where he would personally consider scaling out of his altcoin positions more aggressively. While Daan sees the potential for a short-term drop in Bitcoin’s dominance, he remains bullish on BTC and ETH for the long term. The expert emphasizes that these two assets will always be his main long-term holdings, and doesn’t expect them to lose a significant amount of market share over the next decade. However, their market share will likely increase over time, but that doesn’t mean traders get to play some nice volatility in between. Analyst Fabdarice has highlighted a compelling trend from 2025 on-chain data. Ethereum whale holdings are rising, while Bitcoin whale balances continue to trend down. This divergence mirrors the surge in institutional demand for ETH and the growing recognition that Ethereum is emerging as a credible store of value, not just a utility asset. For the first time, ETH and BTC are being treated as equals on the institutional playing field. Bitcoin remains the original reserve asset of crypto, but Ethereum’s dual role as both infrastructure and wealth preservation is reshaping investor behavior. The ETH/BTC Ratio As A Market Sentiment Indicator Popular crypto commentator CryptosRus has also provided a key insight into the current state of the market by highlighting the significant disparity between Ethereum’s and Bitcoin’s performance relative to each other. CryptosRus pointed out that the ETH and BTC ratio hit its all-time high of 0.148 on June 12, 2017, fueled by the ICO-mania bull run. However, the expert observes that in 2025, the ETH/BTC ratio averaged a mere 0.027, showing how much ground Ethereum has lost against Bitcoin over the years. Despite ETH’s role as the backbone of DeFi and its growing institutional presence, it has yet to repeat that level of relative dominance.

Your Friendly Guide to Buying Gold and Silver with Blanchard Thinking about adding gold, silver, or rare coins to your portfolio? You’re not alone—generations of investors have turned to precious metals to build and protect wealth. But if you’re new to this world, you might have a few questions. Good news: we’ve got answers! Below, we’ve put together a quick Q&A to walk you through how buying with Blanchard & Company works and why so many investors trust us with their portfolios. Q: How do I purchase gold and silver through Blanchard? A: It’s simple! You can place a secure order online or give us a call at 1-800-880-4653, Monday through Friday, 7 a.m. to 7 p.m. CT. Whether you’re interested in bullion coins, silver bars, or historic pre-1933 U.S. gold, we make the process easy and secure. Q: What types of precious metals can I buy? A: You’ll have plenty of options: · Gold and silver bullion coins and bars – a straightforward way to invest. · Pre-1933 U.S. gold coins – combining investment value with historic charm. · Rare numismatic coins – for collectors who want something truly unique. This mix lets you choose between practical bullion or historically significant pieces that tell a story. Q: What payment methods are accepted? A: We keep it flexible so you can pick what works best for you. Options include: · Wire transfers (fast and efficient—our top recommendation) · Checks (personal, business, cashier’s checks, or money orders) · Credit cards (Visa & MasterCard online up to $20,000; American Express accepted by phone with no limit) · Cryptocurrency (Bitcoin and others, up to $50,000 online) · PayPal/Venmo (up to $20,000 online) · ACH transfers (up to $2,500 online) With so many choices, paying for your investment is never a hassle. Q: Where should I store my gold and silver? A: Great question—storage is key! Here are the most common routes: · A home safe for convenience. · A bank safety deposit box for traditional security. · Third-party storage facilities if you prefer professional, insured solutions. · Precious Metals IRAs if you want to include eligible gold in a retirement account. It’s all about balancing security and accessibility to match your comfort level. Q: What’s the return policy? A: We want you to feel confident when you buy. Here’s how returns work: · Bullion coins – all sales are final. · Exchangeable common date coins – you can swap for the same denomination and grade within 10 days. · Rare coins – return within 10 days for a full refund (including shipping) if you’re not satisfied. This gives you peace of mind, especially with numismatic coins. Q: Can I sell my gold and silver back to Blanchard? A: Absolutely! The process is just as smooth as buying: 1. Get a quote by calling 1-800-880-4653. 2. Ship your items using our secure instructions. 3. Receive payment by check once your metals are inspected. Simple, straightforward, and fair. Q: Why choose Blanchard? A: For more than 50 years, investors have trusted Blanchard to help them diversify and grow their portfolios. We offer transparent policies, flexible payment, and a reliable buyback program. Whether you’re brand-new to precious metals or a seasoned collector, we’re here to make sure your investments are handled with care. The post How to Buy and Sell Gold and Silver with Blanchard & Company appeared first on Blanchard and Company.

Your Friendly Guide to Buying Gold and Silver with Blanchard Thinking about adding gold, silver, or rare coins to your portfolio? You’re not alone—generations of investors have turned to precious metals to build and protect wealth. But if you’re new to this world, you might have a few questions. Good news: we’ve got answers! Below, we’ve put together a quick Q&A to walk you through how buying with Blanchard & Company works and why so many investors trust us with their portfolios. Q: How do I purchase gold and silver through Blanchard? A: It’s simple! You can place a secure order online or give us a call at 1-800-880-4653, Monday through Friday, 7 a.m. to 7 p.m. CT. Whether you’re interested in bullion coins, silver bars, or historic pre-1933 U.S. gold, we make the process easy and secure. Q: What types of precious metals can I buy? A: You’ll have plenty of options: · Gold and silver bullion coins and bars – a straightforward way to invest. · Pre-1933 U.S. gold coins – combining investment value with historic charm. · Rare numismatic coins – for collectors who want something truly unique. This mix lets you choose between practical bullion or historically significant pieces that tell a story. Q: What payment methods are accepted? A: We keep it flexible so you can pick what works best for you. Options include: · Wire transfers (fast and efficient—our top recommendation) · Checks (personal, business, cashier’s checks, or money orders) · Credit cards (Visa & MasterCard online up to $20,000; American Express accepted by phone with no limit) · Cryptocurrency (Bitcoin and others, up to $50,000 online) · PayPal/Venmo (up to $20,000 online) · ACH transfers (up to $2,500 online) With so many choices, paying for your investment is never a hassle. Q: Where should I store my gold and silver? A: Great question—storage is key! Here are the most common routes: · A home safe for convenience. · A bank safety deposit box for traditional security. · Third-party storage facilities if you prefer professional, insured solutions. · Precious Metals IRAs if you want to include eligible gold in a retirement account. It’s all about balancing security and accessibility to match your comfort level. Q: What’s the return policy? A: We want you to feel confident when you buy. Here’s how returns work: · Bullion coins – all sales are final. · Exchangeable common date coins – you can swap for the same denomination and grade within 10 days. · Rare coins – return within 10 days for a full refund (including shipping) if you’re not satisfied. This gives you peace of mind, especially with numismatic coins. Q: Can I sell my gold and silver back to Blanchard? A: Absolutely! The process is just as smooth as buying: 1. Get a quote by calling 1-800-880-4653. 2. Ship your items using our secure instructions. 3. Receive payment by check once your metals are inspected. Simple, straightforward, and fair. Q: Why choose Blanchard? A: For more than 50 years, investors have trusted Blanchard to help them diversify and grow their portfolios. We offer transparent policies, flexible payment, and a reliable buyback program. Whether you’re brand-new to precious metals or a seasoned collector, we’re here to make sure your investments are handled with care. The post How to Buy and Sell Gold and Silver with Blanchard & Company appeared first on Blanchard and Company.

Artemis Gold (TSXV: ARTG) has announced plans to upgrade the existing Phase 1 processing plant at its Blackwater mine in central British Columbia, a move that the company regards as a “step change” opportunity while it progresses with a Phase 2 expansion. Amongst the upgrades will be a vertical mill to provide additional primary grinding capacity and expanded leach circuit, says Artemis, adding that construction work for the upgraded plant (Phase 1A) has already started, with completion and commissioning both earmarked for the fourth quarter of 2026. Some of the enhancements are expected to be brought online in steps ahead of the completion date. Once up and running, the Phase 1A plant will operate at an increased nameplate capacity of 8 million tonnes per annum, a 33% increase from the 6 million tonnes currently. The company estimates that these upgrades would cost C$100-C$110 million and have an industry-low capital intensity of C$50-C$55 per additional tonne of processing capacity. A majority of the capital is expected to be spent in calendar 2026. According to Artemis’ CEO Dale Andres, the Phase 1A project will be funded out of the company’s operating cash flows, and the payback period is expected to be less than six months. With the Phase 1A announcement, shares of Artemis Gold hit a new all-time high of C$33.40 apiece, taking its market capitalization to nearly C$7.7 billion ($5.6 billion). Step change opportunity Andres went on to say that the project was identified as a “near-term, capital-efficient step change opportunity” while the team was reviewing Phase 2 expansion scenarios. “We expect Phase 1A to de-risk and enhance future free cash flows that are aimed at funding a larger Phase 2 expansion,” he said. The company is currently anticipating an investment decision on the Phase 2 expansion in the next quarter. On completion, Phase 2 has the potential to increase production to over 500,000 gold-equivalent ounces per year,” Andres added. Additionally, the company said the Phase 1A enhancements will support the ongoing ramp-up and optimization of the existing Phase 1 plant, for which it aims to achieve throughput at 10% above nameplate by Q4 2025. The Blackwater mine entered commercial production in May, becoming the province’s first new gold mine in eight years. The open-pit mine is expected to deliver 190,000 to 230,000 oz. of gold this year, but its annual production could reach 321,000 oz. during Phase 1, subsequently rising to 381,000 oz. in Phase 2 and 438,000 oz. in a potential Phase 3.

Crypto analyst XForce has revealed that the Dogecoin price just broke a regional high, following its reclaim of the $0.3 level. In line with this, he predicted that the meme coin could rally to a new all-time high (ATH) and reach the psychological $1 level. Dogecoin Price Eyes 300% Rally To $1 Following Break Above Regional High In an X post, XForce predicted that the Dogecoin price could record a rally of over 300% to the psychological $1 level. This came as he noted that DOGE just broke above the previous regional high following its climb above $0.3 over the weekend. Based on this, the analyst declared that $1 is still programmed for the meme coin. XForce admitted that there will be pullbacks along the way, but he expects the Dogecoin price to reach this $1 level eventually. The analyst also drew attention to the alternative idea that could lead DOGE to double-digit prices if it continues as a strong impulse. His accompanying chart showed that the meme coin could rally to as high as $18. The Dogecoin price rallied over the weekend in anticipation of the REX-Osprey DOGE ETF, which will be the first fund to provide institutional investors with exposure to the foremost meme coin. This provides a bullish outlook for the meme coin, seeing as it could inject new liquidity into its ecosystem. Furthermore, the Fed is set to make the first rate cut this year at this week’s FOMC meeting, which could also be bullish for the Dogecoin price as it would boost risk-on sentiment. Amid this recent rally, crypto analyst Mikybull Crypto has also declared that the meme coin will reach $1 in this cycle. Meanwhile, crypto analyst Ali Martinez noted that DOGE may consolidate for a bit around these levels before it makes its next leg up toward $0.45. Analyst Issues Warning On DOGE In an X post, crypto analyst CrediBULL Crypto issued a warning on the Dogecoin price, noting that it is at the monthly supply at the moment. He further remarked that if DOGE isn’t breaking out, then it is technically just retesting the prior point of breakdown. CrediBULL Crypto stated that a great time to be bullish on the Dogecoin price and jump into longs was before this recent rally. Now, he believes that it is time to be more cautious, as this is the most likely place for DOGE to face a rejection and record lower highs if the bottom isn’t in yet. There is also the possibility that the meme coin could crash if the Fed rate cut and DOGE ETF launch turn out to be a ‘sell the news’ event. At the time of writing, the Dogecoin price is trading at around $0.28, down over 2% in the last 24 hours, according to data from CoinMarketCap.

The most important day in a few trading months is coming up fast (two days left!). The September FOMC rate decision is part of four quarterly meetings where key economic projections (SEP or Summary of Economic Projections) are published (don't forget the 4 other meetings). They take place in March, June, September and December. These quarterly meetings tend to hold higher weight on potential changes to the FED's tone. With Wednesday's meeting in focus, markets are preparing for a change in tone and changing SEPs. While the decision itself may not surprise (25 bps is heavily priced in and should be the basis except for any surprise), the details in the projections and Powell’s tone at the press conference will dictate the market reaction. One good thing to do is to also follow any pre-FOMC post from Wall Street Journal's Nick Timiraos who re-guided wrongly priced markets during the 2022 hike cycle and is considered as an insider. The FED "leaks" their own info that way to avoid shaking markets too suddenly, with the US dollar's central role in the global economy – As a reminder, FED members cannot speak on the Economic or financial outlook two weeks before the FOMC meeting in what is called the "Blackout period". Don't forget to also check out our freshly released Podcast with discussions on the upcoming FOMC. (and Too Long, Didn't Read recap further down if needed). Read More: British pound hits two-month high, UK job data nextMarkets Weekly Outlook - S&P 500, Nasdaq & Dow Jones on a Tear as Fed Rate Cut LoomsWhat to take from the previous meeting At the previous meeting (July 30, 2025), Powell struck a balanced but cautious tone amid still high tariff uncertainty. He acknowledged progress on disinflation but highlighted tariff-driven risks to the inflation outlook. His remarks left the door open to cuts later in the year, but the Fed emphasized it would remain data-dependent. The June last SEP reflected this stance: inflation forecasts were nudged slightly lower, growth remained resilient, and the famous dot plot still suggested two cuts before year-end — a point markets have since debated heavily. June 2025 SEP, source: Federal Reserve What to watch in the September SEPDot Plot: The median projection for rate cuts will be the market’s first checkpoint. A shift from two cuts to one would reinforce a hawkish narrative, while holding steady would keep the Fed aligned with current pricing. Inflation forecasts (Core PCE, PCE): Expect markets to scrutinize whether tariffs are raising the Fed’s inflation expectations. Any upward revision would challenge the softening CPI and PPI figures released this week and the change in tone from Powell's Jackson Hole speech. The inflation projections might be revised upward in 2025 and down in later year: Major key is to watch 2026 PCE projections and onwards to get a glimpse of 2026 cut pricing (currently 140 bps are priced in). Unemployment rate: A move higher would confirm the gradual softening already seen in recent jobs reports – A sudden rise in this could shift the pace of cuts priced in.What was said in Powell's previous FOMC speech? You can access Powell's July FOMC speech right here. I also invite you to balance these comments with what was said in his Jackson Hole speech (link available just above). Through his July speech, Powell emphasized the FED's dual mandate (inflation and maximum employment) and could be expected to put an extra emphasis on the employment mandate with the Labor market data degrading. He also emphasized a moderating economic activity with tariff uncertainty (uncertainty should be expected to get less mentions) Reading Jerome Powell’s speech.Markets know by now that Powell’s tone matters as much as the text. Expect sharp reactions to how he balances: Confidence in inflation trending lower vs. caution about tariff pass-through. Reassurance on labor market strength vs. acknowledgment of weakness in recent payrolls. Whether he hints at future financial stability concerns, particularly with equities and crypto markets surging. Analysts tend to highlight the number of mentions for elements like: Employment/unemployment, inflation, tariffs etc to spot what the FED will focus on looking forward. Market dynamics Current state of Markets, September 15, 2025 – Source: TradingView Bond yields have already been retreating, with the 2Y at its lowest since April’s “Liberation Day” trough. Don't forget to take a look at the 2-10s curve: Currently very steep due to higher short-term cut expectations but higher inflation (= higher long term rates) Risk assets are at all-time highs, therefore the Markets hold high expectations for a dovish tone, watch out for disappointments ! FX markets remain rangebound, leaving the Dollar Index exposed to any surprises in the dot plot or Powell’s tone – One of the thesis I had been holding is the Seller's inability to reach new lows in a hesitant Dollar, but its reaction is still binary. With high expectations of a dovish speech, Powell could balance out recent dovish pricing with a more hawkish stance which would strengthen the US Dollar and hurt Equities a bit. TLDR conclusion: What to focus on for the upcoming FOMC TL,DR: For now a bit less than 75 bps priced in through 25 bps at every meeting.SEP: Particularly expected Fed Funds rate in end 2025 and 2026 (Neutral rate should be priced in until then for now) and Core PCE projections.More or less mentions of tariffs: Any hints of one time price hikes could bring more cuts in the future. More mentions of uncertainty = less hikes in 2026.Labor market and unemployment rate: If see more mentions of degrading employment, it could add more rate cuts more suddenly – Particularly if the FED balances out its dual mandate more towards employment.Any hawkishness to balance out the most recent dovish comments and give back some credibility to the FED's independence Safe trades and a successful FOMC week! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Can I work part-time and still withdraw from my retirement accounts? Executive summary Yes. You can work part-time and take withdrawals from IRAs or 401(k)s at the same time. The real question is how to do it tax-efficiently. Your plan should account for the Social Security earnings test before full retirement age, required minimum distributions (RMDs), Medicare and ACA rules, and how Roth and traditional accounts are taxed. Done well, part-time work can reduce portfolio withdrawals, extend savings, and keep your options open. Quick answer: what changes when you earn wages again Traditional IRA/401(k) withdrawals remain taxable as ordinary income. Working does not block them. Roth IRA withdrawals of contributions are tax-free; earnings are tax-free if you meet the age 59½ and five-year rules. RMDs at age 73+ still apply to IRAs. A “still-working” exception may let you delay RMDs from your current employer’s 401(k) if you’re not a 5% owner and your plan allows it. Note that plan terms can require earlier distributions. Social Security: before full retirement age, wages and net self-employment income above the annual limit can temporarily reduce monthly benefits; pensions, annuities, IRA withdrawals, and investment income do not count as earnings. Healthcare: part-time earnings plus withdrawals raise your modified adjusted gross income (MAGI), which can affect ACA subsidies before 65 and IRMAA surcharges on Medicare at 65+. Set your objective first Decide why you’re working part-time in retirement. The reason drives the strategy. To reduce portfolio drawdowns: Use wages to replace some withdrawals, keeping you in a lower tax bracket and extending savings. To bridge to Social Security: Work can cover expenses so you can delay claiming and lock in a larger benefit later. To fund Roth conversions: Conversions are more efficient in low-income years; plan them when work income is modest. To stay active: Keep the work light, but still be deliberate about which account you tap for spending. How withdrawals interact with part-time wages Traditional accounts: mind the bracket and the sequence Withdrawals from traditional IRAs and 401(k)s are taxed as ordinary income. Adding wages increases MAGI, which can move you into a higher bracket, increase taxation of Social Security benefits, and trigger Medicare premium surcharges in a future year. When wages are present, you often get more mileage by withdrawing less from traditional accounts and letting tax-deferred money compound. Roth accounts: flexible, but follow the two five-year rules Roth IRAs offer valuable flexibility while you work part-time. You can always withdraw your contributions tax- and penalty-free. Earnings are also tax- and penalty-free if the account is at least five tax years old and you’re 59½ or older. Each conversion also has a separate five-year clock for the 10% penalty rule on converted principal taken early. Use Roth funds as a shock absorber in high-income years and replenish them in low-income years if conversions make sense. Taxable accounts: harvest gains with an eye on brackets Selling investments from a brokerage account can create capital gains. Long-term gains often face lower rates than ordinary income. Coordinate capital gains with wages and withdrawals to keep your overall tax bill low. If you have losses, you can harvest them to offset gains. Social Security while you work For 2025, the earnings test limits are $23,400 if you’re under full retirement age (FRA) all year and $62,160 in the year you reach FRA (limit applies to earnings before the month you reach FRA). SSA withholds $1 for every $2 above the first limit and $1 for every $3 above the second. The test counts wages and net self-employment income only; it does not count pensions, annuities, IRA withdrawals, or investment income. After you reach FRA, there’s no earnings limit, and any benefits withheld earlier raise your future checks. If you start or stop work midyear, the special monthly rule can pay full benefits for any month you’re “retired,” even if your annual earnings exceed the limit. This helps when shifting into part-time work midyear. Practical approach If wages will exceed the earnings limit, consider delaying your claim until FRA or adjusting hours. If you already claimed and your benefit is being withheld, you’re not “losing” it; your benefit is recomputed higher at FRA. RMDs and the still-working exception RMDs generally start at age 73 today and are scheduled to shift to age 75 in 2033. IRAs have no work-based delay; you must take IRA RMDs even if employed. For a current employer’s 401(k), plans may allow a delay until you retire if you’re not a 5% owner. Once you separate, RMDs kick in. Plan documents control the details, so verify whether your plan allows the still-working delay and whether in-service withdrawals are permitted. Roth IRAs have no lifetime RMDs. Starting in 2024, designated Roth accounts in employer plans (Roth 401(k)/403(b)) are also exempt from lifetime RMDs, aligning them with Roth IRAs. Can I keep contributing while I withdraw? Often, yes—if you have earned income and your plan allows it. IRA contributions: You can contribute at any age if you have earned income. Deductibility depends on income and whether you’re covered by a workplace plan. 401(k)/403(b) contributions: If your employer permits part-time participation, you can defer even while taking IRA withdrawals. Standard catch-ups apply after age 50; beginning in 2025, ages 60-63 can contribute the greater of $10,000 (indexed) or 150% of the standard catch-up. The separate rule requiring Roth catch-ups for certain high earners is delayed until 2026. HSA contributions: You must have an HSA-eligible health plan and not be enrolled in any part of Medicare. Once Medicare starts, new HSA contributions stop. Enrollment in Part A can be retroactive up to six months, so plan ahead to avoid excess contributions. Healthcare and MAGI: ACA and Medicare Before 65 on ACA coverage ACA premium tax credits are based on MAGI. For ACA purposes, MAGI = AGI + tax-exempt interest + nontaxable Social Security + excluded foreign income. Wages, IRA withdrawals, and Roth conversions can raise your MAGI. A small increase may reduce subsidies. If you’re under 65 and on Marketplace coverage, model the impact of withdrawals and conversions before year-end to avoid surprises. At 65+ on Medicare Two years after a higher-income year, you may face IRMAA surcharges for Medicare Parts B and D. For IRMAA, MAGI = AGI + tax-exempt interest (this definition differs from ACA). If a one-time event (e.g., Roth conversion, taxable home sale) spiked your income, you can appeal based on a qualifying life event. Plan large withdrawals with IRMAA brackets in mind. Common scenarios and smart tactics Scenario 1: 62-year-old working part-time, not yet claiming Social Security You earn $24,000 from part-time work. You need $54,000 to live. To fill the $30,000 gap, you could withdraw from a traditional IRA. But that raises MAGI and taxes. Instead, withdraw a smaller amount from the IRA and use Roth contributions or taxable cash to cover the rest. This keeps you in a lower bracket and preserves future tax flexibility. If you plan to claim at 67, today’s work income helps you delay, increasing your monthly benefit later. Scenario 2: 67-year-old at full retirement age, working seasonally At FRA, the earnings test goes away. You can work without a Social Security reduction. If you are 67 and hold both Roth and traditional assets, consider drawing enough from the traditional IRA to “top off” your current tax bracket, then meet any extra needs from the Roth. In years when work income is higher, lean more on Roth or taxable accounts; in leaner work years, lean more on traditional withdrawals. Scenario 3: 74-year-old consultant with IRA RMDs You must take IRA RMDs regardless of work status. If you also have a current employer 401(k), you might defer RMDs on that plan under the still-working exception if the plan allows it and you’re not a 5% owner. To lower taxes on the IRA RMD you must take, consider making part of it a qualified charitable distribution (QCD) if it fits your giving goals; QCDs can satisfy RMDs and keep those dollars out of taxable income. The QCD limit is $108,000 per person in 2025 (indexed; $105,000 in 2024). Coordinating income sources: a simple framework Estimate your baseline spending need after part-time wages. Map this year’s tax picture: bracket, Social Security taxation, ACA or IRMAA exposure. Choose the withdrawal mix: Use traditional accounts to “fill up” a favorable bracket you’re already in. Use Roth for flexibility in high-income years or to avoid IRMAA-triggering spikes. Use taxable accounts when long-term capital gains rates are attractive. Apply annual rules: take any required RMDs; check earnings test if before FRA; confirm HSA eligibility. Reassess each fall before year-end to fine-tune conversions, harvesting, and deductions. Avoid these common mistakes Ignoring the earnings test when claiming before FRA, leading to withheld Social Security checks you didn’t expect. Forgetting IRA RMDs while still working, assuming the still-working exception applies to IRAs—it does not. Triggering IRMAA unintentionally with large year-end withdrawals or conversions. Contributing to an HSA after Medicare enrollment, which can cause tax issues—watch for six months of retroactive Part A. Missing Roth five-year rules and tapping earnings too soon. What if I’m under 59½? You can still work part-time and fund expenses with retirement money, but penalties are a risk. The 10% early-distribution penalty applies unless an exception applies. One common exception is the Rule of 55, which allows penalty-free withdrawals from your current employer’s 401(k)/403(b) if you separate from service in or after the year you turn 55 (age 50 for certain public safety employees). Income tax still applies. Substantially equal periodic payments (72(t)) are another path, but they are rigid and can backfire if mishandled. Proceed carefully. Documentation and recordkeeping Track basis in traditional IRAs if you ever made non-deductible contributions; file Form 8606 when needed. Keep Roth timelines: account open date and conversion dates for five-year rule checks. Save plan summaries showing whether your 401(k) permits the still-working RMD delay and whether in-service withdrawals are allowed. Keep a withdrawal log by account to simplify next year’s planning. Action checklist Confirm your FRA and check the current year’s earnings limits before you claim. List all required withdrawals this year (IRAs always; current employer plan maybe). Project MAGI with your part-time wages and planned withdrawals. Check ACA or IRMAA thresholds as relevant. Pick the withdrawal mix that fills your current bracket without creating new tax cliffs. Revisit quarterly if your part-time hours or pay change midyear. Key Takeaways You can work part-time and withdraw from retirement accounts; the key is coordinating taxes and benefits. Before FRA, the Social Security earnings test can reduce checks; after FRA, there’s no limit. RMDs start at 73 for IRAs; a still-working exception may delay current employer 401(k) RMDs if you’re not a 5% owner. Roth accounts offer tax-flexible cash flow; follow the two five-year rules. Mind ACA subsidies pre-65 and Medicare IRMAA at 65+ to avoid costly surprises. FAQ What is the focus keyword for this article? Focus keyword: part-time work in retirement Does working part-time ever reduce my Social Security? Yes—if you’re under FRA and your wages exceed the annual limit, part of your benefit is withheld and later credited at FRA. After FRA, there’s no earnings limit. Can I contribute to a 401(k) while taking IRA withdrawals? Yes, if your employer allows part-time participation and you have earned income. Many retirees contribute modestly to capture any match while taking small IRA withdrawals as needed. Should I prioritize Roth or traditional withdrawals while working? It depends on your bracket, IRMAA exposure, and goals. Many retirees “fill up” a favorable tax bracket with traditional withdrawals and use Roth for the remainder. What about healthcare before Medicare? On ACA coverage, even small increases in MAGI can reduce premium tax credits. Model income before making big withdrawals or conversions. The post Can I work part-time and still withdraw from my retirement accounts? first appeared on American Bullion.

France crypto industry is once again in the spotlight, as Reuters revealed that France is again positioning itself at the center of Europe’s crypto debate, signalling it may move to block companies licensed in other EU jurisdictions from operating domestically. The regulatory warning, delivered Monday by Autorité des Marchés Financiers (AMF) chair Marie-Anne Barbat-Layani, underscores the deep fractures already emerging under the European Union’s landmark Markets in Crypto-Assets Regulation (MiCA). MiCA, which formally took effect for service providers in December 2024, was billed as the world’s first comprehensive digital asset rulebook. The framework allows crypto firms to obtain authorisation in one member state and “passport” their license across all 27 countries. However, since the roll out of the scheme, growth has been uneven across regulator jurisdictions, for example Ireland has so far received 17.5x the number of crypto passports as France. For companies, the passporting mechanism was the prize, an efficient gateway into the bloc’s single market. For regulators like the AMF, however, the past nine months have exposed its fault lines. European Crypto Companies Are Shopping Around For Weak Jurisdictions bitcoinPriceMarket CapBTC$2.29T24h7d1y Barbat-Layani warned that companies are already “shopping around” for the weakest jurisdictions, securing lighter-touch licenses before expanding into larger markets such as France. “We do not exclude the possibility of refusing the EU passport,” she told Reuters, likening the option to an “atomic weapon” that could be deployed if supervisory gaps persist. The comments come as France, Italy, and Austria jointly call for the European Securities and Markets Authority (ESMA) to assume direct oversight of major crypto firms. In a joint paper, the three regulators argued that early MiCA implementation has revealed “major differences” in how national supervisors interpret and enforce the rules. Direct ESMA supervision, they contend, is essential to safeguard investors and ensure a level playing field. That push follows stinging criticism of Malta’s licensing regime. In July, an ESMA peer review found that the Malta Financial Services Authority only “partially met expectations” when authorising a crypto provider, highlighting poor risk assessment and slow supervisory follow-up. Furthermore, the report fuelled concerns that smaller jurisdictions could become regulatory gateways for firms seeking rapid EU access. DISCOVER: Best New Cryptocurrencies to Invest in 2025 Are There Other Reasons Crypto Firms Are Avoiding France? The high-stakes regulatory debate unfolds against a tense backdrop in France’s own crypto ecosystem. In recent months, a string of violent kidnappings targeting crypto entrepreneurs and their families has rattled the industry. French police have linked at least half a dozen attempted abductions to ransom demands in digital assets, including incidents in which victims were mutilated to pressure relatives into paying millions. Security experts warn that some of the new EU reporting requirements may inadvertently be making it easier for criminals to identify wealthy targets. This dual pressure, regulatory fragmentation at the EU level, and mounting domestic security concerns, puts Paris in a difficult position as the summer season approaches. The AMF has spent years courting blockchain startups, branding France as a jurisdiction with clarity and credibility, particularly after granting Binance’s French entity a license in 2022. But the warning shot over MiCA passports signals a shift from promotion to protection. The stakes are high for investors and companies. If France unilaterally refuses to recognise licenses from other EU states, the single market promise underpinning MiCA could fracture before it fully takes hold. But it’s important to understand the risk is not only reputational but structural: a divergence in EU supervision would undermine confidence at a moment when global capital is weighing whether Europe can provide a credible alternative to Trump’s America. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 The post France Threatens to Break EU Crypto Market as AMF Warns of “Atomic Weapon” Against MiCA appeared first on 99Bitcoins.

Brent crude oil futures rose to $67.2 per barrel on Monday, continuing the upward trend that began on Friday due to concerns over Russian oil supply disruptions, caused by intensified Ukrainian strikes on energy infrastructure and difficulties in peace negotiations. This has increased the risk of further sanctions from the West. Overall, Brent remains in a broad sideways range, fluctuating between $65 and $67.4 per barrel. The current dynamics reflect the contradictions shaping the market. On the one hand, geopolitics: fires at Russian oil refineries, Trump's statements about potential serious sanctions against Russian oil, and pressure on India and China via the G7 format create a risk premium in the price. Any hint of supply disruptions strengthens Brent's support. On the other hand, the fundamental picture looks heavier. US inventories are rising faster than expected, seasonal demand is weakening, and Saudi Arabia and other producers are preparing to ramp up exports. Adding to this are the latest macroeconomic data from China — industrial production and retail sales grew below expectations. This is a key signal: the largest consumer of oil is losing momentum, and the outlook for demand is becoming increasingly less convincing. Investors are also taking into account the reduction of long positions in oil by hedge funds to a historic low. This is a sign that large players are not seeing reasons to bet on sustained growth. As a result, the balance remains fragile: the market is holding on to a nervous risk premium, but the actual picture of supply and demand tilts the scale toward downward pressure. Oil: technical picture Brent has consolidated in the range of $65–67.4. The lower boundary ($65) acts as a buyer's zone, while the upper border ($67.4) is the seller's zone. A breakout above $67.4 would open the path to $68–69, and eventually to the 200-day moving average at $70.3, but for now, the market is clearly not ready for such a move. On the contrary, testing $65 seems to be the more likely scenario in case of weak US data or confirmation of inventory growth from the EIA. A strong driver will be the upcoming Fed meeting: monetary policy easing would support commodities, but without it, oil risks remaining in a sideways range. Gas: fundamental picture The gas market has once again come under pressure from the statistics. Inventories grew by 71 billion cubic feet in a week — significantly above the five-year norm. Even with forecasts for warmer weather and potential increased consumption, the surplus in storage remains the key limiting factor. LNG exports are also stalling: September deliveries averaged 15.6 billion cubic feet per day, compared to 15.8 in August. A slight decline in production in the lower 48 states, down to 107.3 billion cubic feet, was almost ignored by the market. Supply remains close to record levels, and this is enough for any attempt at price increases to be temporary. Gas: technical picture Gas futures have corrected to support at $2.921 and rebounded upward. The next resistance is at $3.022. If this level is surpassed, prices will have a chance to return to $3.177. The technical structure is not yet forming a reliable short-term trend: the market is balancing between excess inventory and attempts by buyers to keep the price above $3. A breakdown below $2.921 would open the way to $2.865, which would return the market to the August lows. Both markets are entering a week filled with significant events. For Brent, the key event will be the Fed meeting: monetary policy easing could provide a chance to break out of the sideways range, but without support from demand and with rising inventories, this will be very difficult. Gas remains at the mercy of storage levels: excessive inventories and declining exports continue to weigh on the market, and only temporary weather factors provide the chance for short-term rebounds. The material has been provided by InstaForex Company - www.instaforex.com

Equinox Gold (TSX, NYSE-A: EQX) has made its first pour at the Valentine mine located in Newfoundland and Labrador, a milestone that the company says would firmly place it amongst Canada’s gold mining elites. The first pour, says chief executive officer Darren Hall, was achieved earlier than expected on Sept. 14, due to the process plant operating at nearly half (47%) of its nameplate since its commissioning. The facility first began processing ore at the end of August and has a capacity of 2.5 million tonnes per annum. Hall adds that the mine will ramp up to its nameplate in the second quarter of 2026 as planned. Equinox’s shares rose on the news, with the stock price trading near the three-year high of C$5.29 from last week. The Vancouver-based gold miner has a market capitalization of approximately C$11.5 billion ($8.3 billion). Largest in Atlantic Canada Once fully operational, Valentine would be the largest gold mine in Atlantic Canada. Equinox projects that it could produce between 175,000 and 200,000 oz. of gold annually for the first 12 years of its 14-year reserve life. The deposit currently hosts 2.7 million oz. in proven and probable reserves grading 1.62 grams per tonne gold, contained within nearly 4 million oz of measured and indicated resources grading 1.90 g/t gold. This resource base, which Equinox contemplates expanding through additional discoveries, could anchor a new gold district in central Newfoundland, the company has said. Valentine is the second Canadian mine that Equinox has brought online within the span of two years. In November 2024, it kicked off commercial production at the larger Greenstone mine in Ontario, which is expected to deliver 330,000 oz. of gold during an initial 15-year life. “Commencing production at Valentine marks the beginning of a new chapter for Equinox Gold,” stated Hall in a press release. “With both Valentine and Greenstone now ramping up to capacity, the company is set to become the second largest producer of Canadian gold.”

Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve meeting. Investors widely expect a rate cut, but the size of the move remains the key question shaping sentiment. If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin, without sparking fears of deeper economic weakness. Such a move would likely reinforce confidence in a controlled transition toward easier monetary policy. On the other hand, a 50 basis point cut could send a very different signal. While it may initially provide liquidity relief, markets could interpret it as a sign of serious underlying fragility in the economy. That scenario risks triggering panic, especially if investors fear the Fed is reacting to problems worse than expected. Bitcoin Holds Key Levels Ahead Of Fed’s Decision According to top analyst Axel Adler, Bitcoin is showing signs of resilience as it trades at the upper boundary of its channel near $116,400, supported by a sustained bullish momentum score of 0.8. This score, which reflects the balance of market forces, suggests that despite recent volatility, Bitcoin’s structural strength remains intact. Adler notes that the market is heavily driven by expectations of a rate cut, which has injected confidence into risk assets. The timing of this setup could not be more critical, with the Federal Reserve set to announce its interest rate decision on September 17, 2025, at 2:00 PM Eastern Time. Interestingly, while Bitcoin has held its ground at key resistance levels, altcoins have started to show strength independently for the first time in months. This decoupling suggests that capital rotation is taking place, with investors diversifying beyond Bitcoin. As liquidity expands, this dynamic could mark the start of a new market phase, where both Bitcoin and altcoins drive momentum instead of BTC alone. Testing Key Resistance Levels Bitcoin is currently trading around $114,938, showing consolidation just below the $116,000 resistance zone. The chart highlights a notable rebound from early September lows near $110,000, with BTC climbing steadily back into its mid-range. Price is now attempting to hold gains above the 50-day moving average (blue line) and is hovering around the 100-day (green line) and 200-day (red line) moving averages, which are converging and creating a dense resistance cluster. This setup reflects a tense balance between bulls and bears. Bulls have managed to protect $110,000 and push BTC higher, signaling renewed strength. On the other hand, BTC has repeatedly failed to establish momentum above $116,000, a level that must be cleared decisively to target the major resistance near $123,217, marked on the chart as the next critical upside barrier. The current sideways structure suggests a drift phase, with traders waiting for catalysts such as the upcoming Fed rate decision. A successful breakout above $116,000 could reignite momentum toward $120,000 and beyond. However, failure to hold above the 50-day SMA risks a retest of $112,000 or even $110,000 support. For now, Bitcoin remains range-bound, but pressure is building for a directional move. Featured image from Dall-E, chart from TradingView

Gold is trading around 3,671, below the 7/8 Murray level and above the 21SMA, with a bullish bias and within an uptrend channel formed since September 11. Gold is facing a barrier around 3,657. This level could offer strong resistance for gold. If the price consolidates below this area, it could be seen as a signal for a technical correction. A consolidation above 3,660 could lead to a gold price reaching 7/8 Murray around 3,671, and possibly even surpassing its high around 3,673. A price drop below 3,644 could signal the start of a trend reversal. Thus, the price could reach the 200 EMA around $3,600, or even reach 6/8 Murray around 3,593. The Eagle indicator is showing a positive signal, so any pullback in gold as long as the price trades within the uptrend channel will be viewed as an opportunity to continue buying in the coming days. The material has been provided by InstaForex Company - www.instaforex.com

First Nordic Metals (TSXV: FNM), which includes Agnico Eagle Mines (TSX, NYSE: AEM) among its backers, has agreed to acquire Mawson Finland in an all-share deal that will bring together some of the most advanced gold properties in Scandinavia. The transaction declared on Monday creates new gold exploration and development company NordCo Gold focused on Sweden and Finland with a combined market capitalization of about C$259 million ($187 million). It highlights a broader trend in the junior sector as companies consolidate to gain scale and attract capital in a tight gold exploration market. With fewer discoveries being made and investors demanding larger, de-risked projects, NordCo aims to lead in the region. First Nordic operates a 45-55% joint venture with Agnico Eagle at northern Sweden’s Barsele project, which hosts 324,000 indicated oz. gold and 2.1 million inferred oz., according to a 2019 resource update. The company also controls the Oijärvi project in Finland with 143,000 indicated oz. gold and 1.2 million oz. silver. Mawson adds the Rajapalot project in Finland, which hosts 9.8 million inferred tonnes grading 2.8 grams gold for 867,000 oz., along with cobalt credits. “This combination is about scale, quality and execution,” First Nordic CEO Taj Singh said in a news release. “The addition of Mawson’s development-stage Rajapalot project and its prospective exploration package provides our shareholders with scale and balance, adding resource growth and development visibility across our expanded portfolio.” Capital raising Shares in First Nordic dropped 11% on Monday morning in Toronto to C$0.42 apiece, valuing the company at about C$133 million. The combined entity will control more than 1,230 sq. km across the Nordic region. The companies also announced a non-brokered subscription receipt financing to raise up to C$30 million at a price of C$0.38 per receipt. The proceeds are earmarked for exploration programs across the combined portfolio, transaction expenses and general working capital. “This transaction strategically positions Mawson shareholders to benefit from an improved Nordic gold development company with the necessary capital markets support and technical expertise to advance both projects,” Mawson President and CEO Noora Ahola said in the same release. “This merger is the optimal path forward.” Under the arrangement, Mawson shareholders will receive 1.7884 shares of the newly branded company for each Mawson share held. The transaction follows a four-for-one consolidation of First Nordic shares, reducing its 318 million outstanding shares to about 79.6 million. Following the merger and the concurrent financing, the new company will have about 139 million shares issued and outstanding. The companies expect to close the merger shortly after a Mawson shareholder vote in December. The deal is also subject to court approval and clearance from the TSX Venture Exchange. Barsele Barsele holds 5.5 million indicated tonnes grading 1.8 grams gold for 324,000 contained oz., and 25.5 million inferred tonnes at 2.5 grams gold for 2.1 million oz., according to the resource update. The Oijärvi project contains 1.07 million indicated tonnes grading 4.1 grams gold for 143,000 oz. and 35.4 grams silver for 1.2 million oz., according to a 2011 technical report. It also has 1.63 million inferred tonnes at 2.7 grams gold and 15.2 grams silver for 142,000 oz. gold and 795,000 oz. silver. At Rajapalot, a preliminary economic assessment in 2023 outlined a mine plan producing 1 million oz. of recovered gold over a 10-year life. It has an after-tax net present value of $211 million at a 5% discount rate and an internal rate of return of 27%, assuming a gold price of $1,700 per ounce. First Nordic also holds the Paubäcken project in northern Sweden, where last month it reported an assay of 21.5 metres grading 1.94 grams gold from 317 metres depth at the Aida target. Agnico bought a 13% stake in First Nordic last year after it acquired Agnico’s Oijärvi project in 2023. The Barsele joint venture, with its multimillion-ounce resource, offers potential leverage to higher gold prices, while Rajapalot’s favourable economics and cobalt by-product credits provide optionality. Oijärvi, though smaller, adds silver exposure and upside exploration targets.