FX, gold and oil are closed — crypto trades on. Session preps resume Sunday 21:00 UTC. Updated 2026-09-13 12:00 UTC.
Well, that was a week. If you were watching gold, you felt it — the metal took a proper knock as rising bond yields and a rebounding dollar leaned on precious metals, with silver falling "four times faster," per FOREX.com. Kitco noted gold's "dramatic week," where early momentum from dollar weakness and fiscal worries reversed hard, sliding to around $4,445/oz. But here's the lovely bit: StoneX pointed out that "given the scale of the rout in global bond markets and rebound in the US dollar, gold has held up remarkably well." That's a compliment disguised as a shrug.
Then came the CPI twist. Newsquawk flagged that the post-CPI move "has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed." Classic knee-jerk, then the real story — a pattern Newsquawk says is "familiar."
Oil had its own drama: the Saudis shut a crucial pipeline after a drone attack from Iraq (NYT), and Australian fuel prices are set to rise 30c on the "deadly cocktail" (Guardian). Crypto? Bitcoin, Ethereum and XRP stayed under pressure into Friday, per TradingView — but remember the week's headline about a historic short-squeeze day with over $1 billion in shorts liquidated (Yahoo Finance).
Our barometer is the honest friend here, so let's listen.
Gold is bearish on our read — clear bear tilt at 27/100, with D1 and H4 both down (H1 ticking up). Price is squeezed between support at 4345.41 and resistance at 4364.33, so a breakout is on the table, direction unknown. That lines up neatly with the web's caution: FOREX.com says repeated breakdown attempts have failed, and investingLive is watching 4432 for confirmation or profit-taking.
EUR/USD is bearish clear (20/100) — D1 mixed, H4 and H1 both down, H4 RSI 40.3. Support sits at 1.15956, resistance at 1.16070, and the chart is evenly balanced. GBP/USD is genuinely neutral (47/100) — H1 up but H4 mixed, squeezed between 1.35169 and 1.35309, breakout pending. USD/JPY is neutral too (46/100), H4 up but H1 mixed, H4 RSI a soft 38.7.
Oil is bullish clear (72/100) — D1 and H4 up, H1 down, H4 RSI 60.4. Support 90.83, resistance 100.76. After that pipeline story, no surprise.
The one market that never sleeps gets its own slot. Bitcoin is bearish leaning on our read (38/100) — D1, H4 and H1 all mixed, H4 RSI 36.6, support 76650.8, resistance 77092.5. CoinDesk's framing is blunt: the market enters the final stretch "in a perilous position," with analysts warning more downside lies ahead. Ethereum is bullish leaning (58/100) — D1 up, H4 and H1 mixed, H1 RSI a stretched 31.4, squeezed between 2472.8 and 2485.5.
The street's next catalyst is regulatory: the CLARITY Act Senate vote lands Monday (Tech Times), the SEC has proposed a framework for crypto asset offerings, and Canada just green-lit tokenized deposits (Bitcoin Foundation). Capital.com is watching ETF inflows into the Fed. Coinpedia says key levels will decide the week's move. Plenty to chew on while the rest of us sleep.
All eyes on Wednesday. FOREX.com's S&P 500 and Nasdaq 100 preview captures the tension: "A hawkish Fed and 10-Year Notes on the verge of a push above 5%, yet stocks have so far shrugged off that fear. But can it continue?" CNBC says the dollar firmed as traders awaited "the long-awaited return of U.S. economic data." And KITCO reports Wall Street going "full-bull on gold as rate-hike bets recede." Mixed signals — welcome to markets.
Wednesday is the main course: the Fed — rate decision, economic projections, statement and press conference all land together (18:00–18:30 UTC). Before that, CAD CPI kicks us off Monday, GBP Claimant Count Tuesday, then UK CPI and US Retail Sales Wednesday. New Zealand GDP closes the week Wednesday night. Kiplinger and LiteFinance both flag the Fed meeting as the week's headline event.
Watch whether gold holds that 4345–4364 squeeze, whether oil's bullish structure survives, whether the Fed's tone matches the market's hope, and whether crypto's regulatory headlines turn into real flows. Keep your risk small, your notes smaller, and remember: quiet weeks are for learning, and this isn't one.
You've got this. One trade at a time — and remember, this is educational context, not financial advice.