11.9 US Session Outlook: XAU & BTC
$XAUUSD $BTC XAUUSD
After rising early in the session, it pulled back from 4130. It is currently consolidating in a narrow range between 4080 and 4100, and has broken above the 4107 resistance zone since this post was written.
Support: 4075-4080 (1h, 4h), 4055-4060 (4h), around 4030 (4h), 3966-3985 (1day)
Resistance: 4142-4150 (1h, 4h), 4190-4217 (4h), 4256-4280 (1day, 1week)
BTC
As feared, it happened: the scandal involving Nvidia’s Mr. Huang directly dragged US stocks down today. The pre-market was all red, causing the crypto market to crash along wit