Selection criteria at bottom of report. Note dynamic levels, ie.vwap levels can and will shift intraday.
Overview: Covering Gold, Dow Index, British pound, Bitcoin. Oil market is covered in depth weekly on The Oil Report.
Market 1: Gold futures
Symbol: GCZ25
Structure: Imbalanced Up.
Setup type: Imbalanced pullback long Y+1 $3801.8
Bias: Short pops, buy drops to Y+1.
Notes: Borrowing from the Fed’s Standing Repo Facility hit a record US $50.35 billion on Friday (31 Oct 2025) — the highest level since the SRF was launched in 2021. This signals significant short-term liquidity demand in the financial system.
While this doesn’t automatically equate to “buying returning” in the markets, it does suggest participants are tapping cash at scale — a factor worth watching as it can underpin both funding-driven flows and directional bias. In short-High potential to cause flight out of DXY to gold/ precious metals.
Market 2: Dow Futures.
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