Kalshi to Close Gold, Oil, and Wheat Bets with Pyth Network
📊 PYTH — Piyasa Yorumu
■ neutral · 55%A 24‑hour decline of 1.6%, an RSI of 51.7, and the SMA20 slightly below the SMA50 suggest that the current price trend is mildly bearish. Consequently, the market impact of the news may be neutral or slightly negative in the short term.
📊 GOLD — Piyasa Yorumu
■ neutral · 60%No short-term impact on gold prices is expected. Kalshi's closure of gold bets with Pyth Network will not directly affect gold prices. The RSI14 indicator is at a low level of 36.69, which could signal a potential short-term recovery in gold prices. However, the MACD and MACD signal lines are in negative territory, indicating that prices could decline further. Overall, determining a short-term direction for gold prices appears challenging.
📊 BRENT — Piyasa Yorumu
■ neutral · 60%The news involves Kalshi closing commodity bets through the Pyth Network, which could impact market liquidity and price discovery. Brent crude oil price rose 4.2% in the last 24 hours, closing at 112.86, with RSI at 55 in neutral territory. MACD is hovering near the signal line, indicating short-term direction uncertainty. Although the price is above the 20- and 50-day moving averages, the impact of the news may be limited. A sideways trend is expected in the short term.