💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
U.S. CPI Data Sparks Gold Fluctuations!
📉 Once this data was released, the entire market was stunned! Traders immediately slammed the table: Federal Reserve, what are you waiting for? Rate cuts are a must this year! Some even started shouting, if they don’t cut rates soon, it’ll be too late!💸
This is a classic replay of the script—cooling inflation = rising rate cut expectations = dollar weakening = gold going wild! The logical chain is flawless!👌
Look at these crazy numbers: spot gold soared above $5,040, and is now hovering around $5,029. For the week, it’s up over 1%! NY gold futures closed even stronger at $5,046.3, a 2% increase, crushing both bulls and bears!🔥
Such a massive rally is definitely not something retail investors can pull off. It’s probably institutions front-running, large funds adjusting their positions. What are they sensing? Is a rate cut cycle really coming? Will gold hit new highs or just pull back for a correction?🤔
Tonight’s big bullish candle instantly lifted market sentiment from freezing point to boiling point! Those who were cutting losses just two days ago are probably kicking themselves now!😭
Everyone is now focused on the same question: Can the Federal Reserve hold up? If they start signaling dovish policies next month, gold will go crazy again! If they keep their tough talk, the market will teach them a lesson!#Gate广场发帖领五万美金红包 $XAUT