Inflation Cools, Support Tested — And Markets Wait for a Break

Author

FX Rocket Profits
November 19, 2025

In partnership with

Cooling CAD, Gold’s Triangle & Market Hesitation

Markets opened the week on a cautious note. Monday’s recap showed equities drifting, gold holding near $3,980, and Bitcoin steady around $100K. Traders are waiting for fresh catalysts, with CPI and central bank signals still in focus.

Canada’s October inflation cooled more than expected, pushing CAD lower and firming expectations that the Bank of Canada will pause into year-end. The softer print underscores slowing momentum in the Canadian economy, leaving the currency vulnerable to further downside if growth data disappoints.

Meanwhile, gold (XAU/USD) is back at a critical triangle support zone near $3,950. Price action has been compressing since early November, and this test could decide whether bulls defend the structure or bears break it down. A bounce may target $4,050, while a breakdown could open $3,850.

The theme? When inflation cools and price compresses, patience defines the edge.

⚡Daily Broad Market Recap – November 17, 2025

  • S&P 500 flat; Nasdaq slipped 0.2%.

  • Gold held near $3,980; oil steady at $59.40.

  • Bitcoin hovered near $100,000; USD mixed.

🔥CAD Dips as Inflation Cools

  • October CPI slowed to 2.4% YoY.

  • CAD weakened as BoC pause expectations firmed.

  • Traders eye growth data for confirmation.

📊Gold Tests Triangle Support

  • XAU/USD retesting $3,950 triangle support.

  • Bounce could target $4,050; break may lead to $3,850.

  • Watch for compression breakout signals.

This issue blends cooling inflation with technical compression. As CAD weakens and gold tests support, the message is clear: when markets hesitate, structure and patience guide the next move.

Happy Trading!

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