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The Dollar’s Next Move: Budget Deficit Surprise and Iran Risk Shake Market Expectations
The Dollar’s Next Move: Budget Deficit Surprise and Iran Risk Shake Market Expectations Latest US market snapshot: The latest US Federal Budget Balance data has delivered an unexpected signal to the market. The deficit widened to $308.0 billion, exceeding economist forecasts of $304.4 billion
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Silver looking for confirmation
XAGUSD holding bullish structure above 92.50 — momentum still favors upside continuation. 📍 Levels to Watch Support: 92.80 | 90.50 Resistance: 95.20 → 98.00 📈 Strategy: Buy on dips above 92.50 ⬆️ Break 95.20 → 98.00 next ⬇️ Below 90.50 → correction toward 88 Smart money buys pullbacks, not tops. F
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🟡 Gold Update
Market stuck in a tight range — levels are everything. 🔻 Resistance: 4618–4630 (selling pressure) 🔺 Support: 4597–4581 (demand zone) Above 4630 → upside momentum Below 4581 → intraday weakness Bias: Range-bound | Best trade: wait for confirmation #Gold #XAUUSD #TradingView #MarketLevels
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