Market AnalysisGold Prices & FX Last updated: May 3, 2026 8:56 pm Share 0 Min Read SHARE Gold Prices & FX Source link You Might Also Like Silver reverses as bearish-engulfing pattern hints at further losses AUD/USD jumps near 0.7200 as Japan’s intervention sinks the USD Switzerland’s gold exports rise 30% as investors Bitcoin faces renewed bearish pressures amid divergences and USD turmoil Bitcoin printed a triple-bottom TBT Bearish Divergence mid-week, echoing bearish patterns from 2022, with RSI bouncing off long-term support yet registering a lower low. Although a short-term bounce has lifted price off the lows, RSI is poised to form a lower high, increasing the likelihood of a drop below the daily TBO Cloud and deeper losses before month-end. The first significant support sits at $73,309 as part of Bitcoin’s stair-step structure. A breach of this level would likely trigger a steeper pullback and reinforce bearish momentum into subsequent support zones… Full commentary at Kitco: https://www.kitco.com/opinion/2026-05-01/bitcoin-faces-renewed-bearish-pressures-amid-divergences-and-usd-turmoil The Peace Process is Stalling Ahead of April Non Farm Payrolls – Markets Weekly Outlook Sign Up For Daily NewsletterBe keep up! Get the latest breaking news delivered straight to your inbox.[mc4wp_form]By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time. Share This Article Facebook LinkedIn Reddit Copy Link Share Previous Article Economics Week Ahead – ActionForex Next Article Bitcoin faces renewed bearish pressures amid divergences and USD turmoil Bitcoin printed a triple-bottom TBT Bearish Divergence mid-week, echoing bearish patterns from 2022, with RSI bouncing off long-term support yet registering a lower low. Although a short-term bounce has lifted price off the lows, RSI is poised to form a lower high, increasing the likelihood of a drop below the daily TBO Cloud and deeper losses before month-end. The first significant support sits at $73,309 as part of Bitcoin’s stair-step structure. A breach of this level would likely trigger a steeper pullback and reinforce bearish momentum into subsequent support zones… Full commentary at Kitco: https://www.kitco.com/opinion/2026-05-01/bitcoin-faces-renewed-bearish-pressures-amid-divergences-and-usd-turmoil Latest News Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer Trading Ideas May 3, 2026 Economics Week Ahead – ActionForex Macro Drivers Market Analysis May 3, 2026 Ukrainian drones hit Russia’s Primorsk port, oil tankers and military ships May 3, 2026 #Gold chart looking positive as a higher low seems to have been made. Could a new uptrend be forming? Market Analysis May 3, 2026
