Midweek Market Outlook – 09 / September / 2026

 
Da-Costa Assumang

Markets remain at important technical levels this week, with Gold trading around 4,299–4,384, EUR/USD between 1.15750 and 1.16347 and Bitcoin near 78,500–78,594. Meanwhile, WTI Oil is testing 94.68 while NVIDIA and Nasdaq 100 remain bullish above 218.29 and 26,004 respectively. Breakouts or breakdowns from these key levels could determine the next major market moves. 

METALS : GOLD 

Market Context: Gold is holding above the 4,299 support/trendline, but remains capped near 4,384 resistance. A break of either level should determine the next major move.

Bearish Scenario: A sustained break and retest below 4,299 could open downside toward 4,233, 4,186 and potentially 4,082.

Bullish Scenario: If gold breaks and holds above 4,384, upside could extend toward 4,480 and 4,628.

Set Up:

🔴 SELL: Below 4,299 after confirmation/retest
SL: 4,384
TP: 4,082
RR: 1:2.6

🟢 BUY: Above 4,384 after confirmed breakout/retest
SL: 4,299
TP: 4,628
RR: 1:2.9

Apply Risk Management Always

FOREX : EURUSD

Market Context: EUR/USD is holding a bullish trendline, but price is consolidating below the 1.16347 resistance. Key support is around 1.15750.

Bearish Scenario: A sustained break and retest below 1.15750 could extend the decline toward 1.15282, 1.14953, and potentially 1.14624.

Bullish Scenario: If EUR/USD breaks and holds above 1.16347, upside could target 1.17000 and then 1.18069.

Set Up:

🔴 SELL: Below 1.15750 after confirmation/retest
SL: 1.16347
TP: 1.14624
RR: 1:1.9

🟢 BUY: Above 1.16347 after confirmed breakout/retest
SL: 1.15750
TP: 1.18069
RR: 1:2.9

Apply Risk Management Always

CRYPTO : BTCUSD

Market Context: Bitcoin is holding above the rising trendline support near 78,500 but remains in consolidation below resistance around 78,594. A breakout or breakdown should determine the next move.

Bearish Scenario: A sustained break and retest below 78,500 could extend the decline toward 75,069, followed by 72,361 and potentially 70,459.

Bullish Scenario: If BTC reclaims and holds above 78,594, upside could target 82,000 and then 88,481.

Set Up:

🔴 SELL: Below 78,500 after confirmation/retest
SL: 78,594
TP: 72,361
RR: 1:66

🟢 BUY: Above 78,594 after confirmed breakout/retest
SL: 78,500
TP: 88,481
RR: 1:105

Apply Risk Management Always

ENERGY : USOIL

Market Context: WTI Crude Oil is showing strong bullish momentum, trading around 94.26 and testing key resistance at 94.20–94.68.

Bearish Scenario: A rejection from 94.20–94.68 followed by a break below 93.45 could trigger a pullback toward 90.01 and 86.70.

Bullish Scenario: If WTI breaks and holds above 94.68, upside could extend toward 100.00 and then 106.40.

Set Up:

🔴 SELL: Below 93.45 after confirmation/retest
SL: 94.68
TP: 90.01
RR: 1:2.8

🟢 BUY: Above 94.68 after confirmed breakout/retest
SL: 93.45
TP: 106.40
RR: 1:9.5

Apply Risk Management Always

STOCKS : NVIDIA

Market Context: NVIDIA is showing short-term bullish momentum, with price around 225.79 and holding above support near 218.29. Key resistance is at 235.71.

Bearish Scenario: A sustained break and retest below 218.29 could extend the decline toward 212.18, 207.88, and potentially 203.58.

Bullish Scenario: If NVIDIA breaks and holds above 235.71, upside could target 248.59.

Set Up:

🔴 SELL: Below 218.29 after confirmation/retest
SL: 225.83
TP: 207.88
RR: 1:1.4

🟢 BUY: Above 235.71 after confirmed breakout/retest
SL: 225.83
TP: 248.59
RR: 1:1.3

Apply Risk Management Always

INDICES : Nasdaq 100 Index

Market Context: Nasdaq is showing short-term bullish momentum, with price around 26,424 and holding above the rising trendline. Key resistance is near 26,433–26,500, while support sits around 26,004.

Bearish Scenario: A sustained break and retest below 26,004 could extend the decline toward 25,664 and potentially 25,425.

Bullish Scenario: If Nasdaq breaks and holds above 26,433, upside could target 27,000 and then 27,689.

Set Up:

🔴 SELL: Below 26,004 after confirmation/retest
SL: 26,433
TP: 25,425
RR: 1:1.4

🟢 BUY: Above 26,433 after confirmed breakout/retest
SL: 26,004
TP: 27,689
RR: 1:2.9

Apply Risk Management Always