JULY 25, 2025 — FRIDAY AM
With Fed on deck for next week, the market is well into its holding pattern awaiting news. This means Thursday’s compression may develop into a two-day range heading into the weekend. Look to fade the edges, with an upward bias. Bulls will look to defend morning lows for a fade back up, ideally upon a test/rejection of yLO. The weekly chart of Gold is showing a major rejection developing off the recent test of 3450. This rejection could trigger quite a bit of weakness ahead. BTC continues to build energy, as does ETH. Is one more upmove ahead?
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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