Aleksandra Jensen @RainbirdFx: "Good afternoon, ladies and gentlemen Gold..."

Denmark

Good afternoon, ladies and gentlemen Gold is sending a message — and it’s not a subtle one. Since the start of the year, $GOLD is up more than 25%, briefly pushing toward the $5,600 area. Even more striking: a $500 move in just two days, the fastest acceleration ever recorded. Historically, moves like this don’t occur in relaxed, low-risk environments. For U.S. equities, the key question isn’t panic — it’s positioning. This doesn’t look like simple inflation hedging. It looks like investors gradually adding insurance, even while equity indices remain near record highs. The sharp leg higher began shortly after Chair Powell’s press conference. Precious metals reacted in a way that suggested markets didn’t hear anything new to strengthen confidence in the dollar or policy outlook. Powell deflected direct questions on the dollar, leaving responsibility with the Treasury — a response that markets absorbed calmly, but not enthusiastically. Technically, gold is very extended. Monthly RSI readings are at their highest since the late 1960s. That doesn’t automatically imply a reversal — extended trends can stay extended — but it does suggest that markets are pricing something beyond near-term growth optimism. At the same time, inflation expectations are gently rising again. A weaker dollar helps financial conditions in the short run, but also lifts import costs. Consumer data shows savings rates declining and employment confidence softening — not alarming yet, but worth watching. Credit conditions remain the quiet variable. Private credit expanded aggressively during the easy-money era, and early stress signs are appearing. Nothing systemic — but enough to remind markets that leverage works both ways. NASDAQ 100 Recent high: ~26,214 Earnings dip: ~25,865 Current level: ~26,080 The $NSDQ100 continues to attract buyers on pullbacks. The fast retracement after Microsoft’s earnings shows liquidity is still present. Resistance: 26,200–26,250 Support: 25,800, then 25,400 As long as pullbacks remain shallow, the trend stays constructive. A failure to clear recent highs would not be a breakdown — but it would increase the odds of consolidation rather than continuation. The $SPX500 briefly crossed the 7,000 mark before pausing. Microsoft weighed, while Meta and Tesla helped cushion the move. Resistance: 7,000–7,020 Support: 6,900, then 6,820 The index doesn’t need to surge higher — it simply needs to hold. Sideways digestion at these levels would be a healthy outcome. What markets want to avoid is a loss of momentum combined with rising bond stress. Earnings Context $META (Meta Platforms Inc) is leaning harder into capex despite rising leverage — a confidence move, but not a conservative one. Microsoft continues to invest in AI, while quietly signaling that spending growth will moderate. $TSLA (Tesla Motors, Inc.) once again rallied on future narratives, even as current fundamentals softened. AI remains the dominant theme, but costs are rising and cash returns are being delayed — a manageable setup as long as growth expectations stay realistic. Bottom line: This is not a bearish market — but it is a selective one. Index levels remain strong, yet gold is quietly reminding investors that risk management still matters. When insurance demand rises during record highs, it usually signals caution, not collapse. Clear & Simple Recap Gold is rising fast → investors are adding protection. Stocks are near highs → momentum is intact, but narrower. Pullbacks are being bought → trend still positive. The market may need time, not fear. I wish you all a nice and profitable day ahead, and all the best A www.breakingthenews.net/Article/US-futures-mostly-higher-with-Fed-earnings-in-focus/65566699