Weekly and Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower following the non-farm payroll data release. As noted in yesterday’s analysis, the possibility of a sharp drop in the third wave of selling on the 240-minute chart was highlighted and has largely materialized. The monthly 5-day moving average (20,880) emphasized this month acted as support, forming a lower wick.
On the weekly chart, the MACD has crossed below the Signal line, generating a sell signal. The index is positioned between the 3-day, 5-day, and 10-day moving averages above and the 20-day moving average below, suggesting the possibility of a range-bound market this week. If the market moves upward at the beginning of the week, it may decline later, and conversely, if it drops initially, a rebound may occur later in the week. The upper range is projected at 21,360–21,400, while the lower range is expected to be below 20,880. Flexible responses to early-week movements are crucial, especially with Wednesday’s CPI release likely to serve as a key turning point.
On the daily chart, the MACD and Signal lines remain below the zero line, making sell-side strategies near the 3-day or 5-day moving averages preferable during rebounds. Downward movement toward the 120-day moving average is possible, but there’s a strong likelihood of a rebound after forming a lower wick, so avoid chasing the sell-off. On the 240-minute chart, while selling pressure remains strong in the third wave of the downtrend, support and a potential trend reversal could occur below 20,700. Overall, a sell-on-rebound strategy is advantageous today.
Oil
Crude oil surged on the possibility of U.S. sanctions on Russian crude exports. As previously noted, oil continues to display a pattern of reversing trends and sharply rising from the bottom. In pre-market trading, prices have already surpassed $78, but with the significant divergence from the 5-day moving average, caution is warranted today.
On the weekly chart, the divergence from the 5-week moving average and the presence of previous highs around the $78 range suggest that even if prices rise further, chasing the rally should be avoided. The most favorable scenario this week involves buying on dips near the 5-week moving average, with corrections potentially reaching $73.4–$74.
On the daily chart, more time is needed for shorter-term moving averages, such as the 20-day and 60-day, to align with current prices. On the 240-minute chart, the MACD has formed a golden cross, generating a buy signal. However, if prices fail to surge further, divergence in the MACD could occur. Pay attention to potential sell signals and additional declines. As the rapid rise calls for a correction, prices are likely to consolidate around $78 during pre-market trading, making range-bound strategies favorable.
Gold
Gold surged on Friday due to reduced expectations of a Fed rate cut following employment surprises. On the weekly chart, gold has formed a bullish candle, breaking above key short-term moving averages. However, the significant divergence between the MACD and Signal lines suggests that surpassing the previous high near 2,760 will be challenging.
On the daily chart, the MACD is above the zero line, and the Signal line is trending upward, showing a buying trend. Buying on dips near the strong support zone at the 5-day and 60-day moving averages around 2,690 is a favorable short-term strategy. With additional upward movement possible, a buy-on-dips approach is recommended. However, volatility is expected to increase with Tuesday’s PPI and Wednesday’s CPI data, so plan accordingly.
On the 240-minute chart, strong buying momentum continues, with the RSI entering the overbought zone, making premature selling risky.
Weekly Overview
This week, early movements are likely to continue last week’s trends, with a potential inflection point around Wednesday’s CPI data. Manage risks carefully, and have a successful trading week!
■Trading Strategies for Today
Nasdaq - Bearish Market
-Buy Levels: 20,945 / 20,900 / 20,780 / 20,740 / 20,680
-Sell Levels: 21,110 / 21,210 / 21,310
Oil - Bullish Market
-Buy Levels: 76.55 / 76.00 / 75.60 / 74.60
-Sell Levels: 78.35 / 78.85 / 79.45 / 80.00
Gold - Range-bound Market
-Buy Levels: 2,713 / 2,703 / 2,695 / 2,685 / 2,677
-Sell Levels: 2,726 / 2,735 / 2,742 / 2,753 / 2,759
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are set as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
Wishing you a successful trading day!
If you liked this analysis, please follow me and give it a boost!
Gold
XAUUSD 12/1/24XAUUSD remains our second pair as usual. Orion is clear as always, giving us a bullish bias to target the highs. Similar to EU, we only have one high to aim for, so the options are the same as mentioned in that write-up. We could pull back from the current position, creating a new low in the process, which would lead us into the lows and present a long entry opportunity in line with the bias. Alternatively, we might take the high first and then drop down into the lows, which would also provide a potential long entry.
Overall, we are anticipating a higher shift and need to monitor the lows for this to materialize. Follow Orion, stick to your plan, and manage your risk properly.
#202502 - priceactiontds - weekly update - gold futuresGood Evening and I hope you are well.
comment: I want to be bearish with a stop 2761 but so far bears have not done enough. Market is still above the 1h 20ema and until we have consecutive closes below, I won’t take shorts. My bear trend line is good and market showed the expected reaction there but the risk of another test of 2735 is too high to take early shorts. Bulls also closed above 2710, which is pretty bullish but I would never buy so close to a big bear trend line. Downside potential is about 100 points while upside is most likely limited to 2761, so r:r is clearly on the bear side.
current market cycle: trading range
key levels: 2620 - 2761
bull case: Strongly bullish week and despite having many tails above the bull bars, we are only going up. Bulls want to break above the bear trend line and test 2761 again. Gold has been in a trading range 2560 - 2761 for more than 2 months and betting on a breakout is low probability. Bulls are buying this on momentum but once that is gone, they likely have to cover and try lower again. If bulls want 2800 bad, we would stay above 2700 and continue upwards. I currently see this 50/50 for both sides.
Invalidation is below 2670.
bear case: Bears tried on Friday but bulls got a big bullish reversal bar and closed above 2700. Best bears could do right now is to turn the market neutral around 2700 before they can try to sell this down again. Bulls are in full control and bears have not done much since beginning of 2025. First target for the bears is to stop the market from making new highs and staying below the 2024-12 high at 2761. Next target down would be 2680 and a 4h close below the 20ema, which has not happened since last Monday.
Invalidation is above 2761.
short term: Neutral around 2700. Bullish above 2740 for 2761 or higher and bearish only below 2650. Market most likely needs more sideways movement before we can go down.
medium-long term - Update from 2024-01-02: If we break strongly above 2700, we will likely retest 2740-2760 and depending on that move, we will either stay inside the big range 2560 - 2760 or retest 2800 or even higher.
current swing trade: None
chart update: Nothing
Gold completes bearish move and re-orbits towards $2800The gold contract appears on the two-week price chart to have completed its downward movement that it made in the two months of November - December 2024 and is preparing to resume the upward path that will lead it towards the level of highs between $2,750 and $2,800.
In order for us to be able to say in the coming days that the bullish scenario remains in force, the contract must not slip below the $2,600 limit. A fall now of the highs to $2,800 will open a communication channel with the psychological limit of $3,000.
#xauusd CPI week price range Gold tapping 2698 on NFP day was the perfection of KRI +Fib technique.
Bull is still in control with the intraday support of 2680 targeting 2.618 extension which is 2755/66 zone.
A break below intraday support 2680, short scalp targeting 2640/45, which is pre-jolts level. Bear will take over if it breaks below 2640/45 targeting 2588/92
EURAUD - Start 2025 with a BIG Win!EURAUD has given us a fantastic opportunity to get in at the very start of a BIG move.
We are currently in an ABC correction. We'e completed waves A and B and now currently in wave C. We're expecting 5 waves from wave C and looks as if we've completed wave 1 and currently in wave 2. We're looking to catch the rest of the move on the break of the trendline.
Trade Idea:
- Safe entry on break of trendline
- Riskier entry within the fibs or anywhere below invalidation
- stops above invalidation
- Targets: 1.6 (700pips), 1.156 (1100pips)
- Taper as we move lower
What do you guys think?
Goodluck and as always, trade safe!
GOLD MARKET ANALYSIS AND COMMENTARY - [January 13 - January 17]Over the past week, international OANDA:XAUUSD increased from 2,614 USD/oz to 2,698 USD/oz and closed at 2,688 USD/oz. The main reason is concerns about rising inflation in the US due to President-elect Donald Trump's expansionary fiscal policies, tariffs and tightening immigration policies. Although high interest rates are often detrimental to gold prices, in the context of strong inflation, real interest rates decrease, creating a positive impact on gold prices.
That is also the reason why the US non-farm payrolls (NFP) report for December 2024 increased by 256,000 jobs, far exceeding Reuters' forecast of 160,000 jobs and surpassing November's revised figure of 227,000 jobs, but gold prices still increased sharply this week.
With the inauguration day (January 20, 2025) of President-elect Donald Trump approaching, it is likely that next week's gold price will still be supported. Because Mr. Trump's expected policies, especially expansionary fiscal policy, tariff policy, and immigration policy, will all have the risk of increasing inflation. In particular, although tariff policy can reduce the US trade deficit, it will push up consumer prices. Tighter immigration policies will increase labor costs, causing product prices to increase, thereby also risking increasing the consumer price index...
Meanwhile, the FED has announced that it may only cut interest rates once this year, or may not even cut interest rates this year, if Mr. Trump's above-mentioned policies push US inflation to skyrocket.
📌Looking at the chart, next week's gold price will likely continue to move upward with the next important resistance levels being 2,725 - 2,790 USD/oz. Meanwhile, the level of 2,585 USD/oz is an important support level for gold prices next week.
Notable technical levels are listed below.
Support: 2,676 – 2,664USD
Resistance: 2,693 – 2,700USD
SELL XAUUSD PRICE 2761 - 2759⚡️
↠↠ Stoploss 2765
BUY XAUUSD PRICE 2649 - 2651⚡️
↠↠ Stoploss 2645
HelenP. I Gold will rebound down from resistance zoneHi folks today I'm prepared for you Gold analytics. In this chart, we can see how the price rebounded from the trend line and rose to the support level, which coincided with the support zone and broke it. Then price continued to grow and later reached the resistance level, which coincided with the resistance zone and even broke this level and rose a little more. After this, Gold turned around and made impulse down to the support level, breaking the resistance level, after which turned around and started to grow. Later, Gold reached the 2690 level one more time and broke it one more time, but this time it rose a little higher than the past breakout, to 2726 points. After this movement, the price in a short time declined to the support zone, breaking resistance with the support level and also the trend line too, and then started to grow inside the upward channel. In the channel, the price grew to the trend line and recently it even entered to resistance zone, exiting from the channel. But soon, Gold started to decline and for this case, I expect that XAUUSD will enter to resistance zone and then rebound down to the channel, where it falls to 2655 points. If you like my analytics you may support me with your like/comment ❤️
Gold can exit from wedge and rebound down from resistance levelHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price entered to downward wedge, where it at once started to decline and soon reached a resistance level, which coincided with the seller zone and broke it. Next, the price continued to fall and later declined to support line of the wedge, breaking the support level as well. But when Gold touched the support line, it at once made a strong impulse up to the seller zone, breaking the support level one more time. Then price little grew higher than the seller zone, after which it turned around and made a correction to the support level, breaking the 2690 level one more time. After this, Gold some time traded near the support level and then backed up to the seller zone rose higher than this area again, and then rebounded down to the support line of the wedge. Then price turned around and started to grow and in a short time rose almost to the resistance line of the wedge. So, in my opinion, Gold can exit from the wedge, reach resistance level, and then start to decline. For this reason, I set my TP at 2620 points, which coincides with the support line of the wedge. Please share this idea with your friends and click Boost 🚀
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2691 and a gap below at 2679. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2691
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2706
POTENTIALLY 2719
EMA5 CROSS AND LOCK ABOVE 2719 WILL OPEN THE FOLLOWING BULLISH TARGET
2736
BEARISH TARGETS
2679
EMA5 CROSS AND LOCK BELOW 2679 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2668 - 2654
EMA5 CROSS AND LOCK BELOW 2654 WILL OPEN THE SWING RANGE
SWING RANGE
2640 - 2624
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 and price play between two weighted levels with a gap above at 2694 and a gap below at 2665. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
EMA5 CROSS AND LOCK ABOVE 2726 WILL OPEN THE FOLLOWING BULLISH TARGET
2753
BEARISH TARGETS
2665
EMA5 CROSS AND LOCK BELOW 2665 WILL OPEN THE FOLLOWING BEARISH TARGET
2633
EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE SWING RANGE
SWING RANGE
2600
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
Last week we confirmed we had ema5 lock above 2629 further confirming the previous candle body close opening 2686
We continued to buy dips all the way into 2686 completing this gap. This played out perfectly. We now have a candle body close above 2686 opening 2760 but will need ema5 lock to further confirm this, only as a along range/term gap.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.
Last week we stated that the channel top was continuing to provide support like we stated for the past few weeks.
We also stated that, as long as we see no ema5 cross and lock below into the channel, we can safely continue with our plans to buy dips in this range.
- This played out perfectly. You can see although we had the break into the channel with candle, ema5 failed to break inside, confirming the rejection and providing support above the channel like we stated. This followed with the perfect bounce inline with our plans to buy dips.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Ema5 is still playing above the channel top and has not broken into the channel providing support above the channel.
We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Analysis of gold market trend next Monday:
On Friday (January 10), after the US non-farm report, spot gold once fell sharply to around $2,663/ounce, and then the gold price suddenly soared, reaching a high of nearly $2,698/ounce. The non-agricultural report released on Friday showed that 256,000 new jobs were created in December last year, much higher than the expected 160,000, and the largest increase in nine months; the unemployment rate in December was 4.1%, also lower than 4.2 % predicted value. After the non-farm data was released, the gold price once fell sharply to $2,663.73/ounce. But then the gold price rebounded rapidly, reaching a high of $2,697.98/ounce. As of the close of Friday, spot gold rose by $19.94, or 0.74%, to $2,689.71/ounce. Gold remained strong despite the much stronger-than-expected employment report. One of the factors supporting gold is the uncertainty before the inauguration of the US president. US President-elect Trump will take office on January 20, and investors are concerned about his proposed policy of imposing tariffs on a large number of imported products. I think the reason why gold prices rebounded after falling on Friday is that although the US non-farm payrolls data was stronger than expected, reducing the possibility of a sharp interest rate cut by the Federal Reserve this year, the uncertainty caused by the upcoming Trump administration policies has increased the safe-haven appeal of gold.
At the beginning of next week, investors will pay close attention to China's December trade account data. The significant increase in China's trade surplus may support gold prices during the Asian trading session next Monday. Next Wednesday, U.S. inflation data for December may trigger the next big move in gold. The market expects the US Consumer Price Index (CPI) to rise by 0.3% month-on-month in December, but the core CPI will fall by 0.1% during the same period. If the core CPI reaches a positive value, the immediate reaction of the market may boost the US dollar and cause gold to fall. On the other hand, negative data may make it difficult for the US dollar to find demand and help gold hold its ground. During next Friday's Asian trading session, China's fourth-quarter gross domestic product (GDP) data may influence gold trends. Analysts expect China's fourth-quarter GDP annual growth rate to reach 5.1%, higher than the third-quarter growth rate of 4.6%. A positive surprise could help gold prices higher, while disappointing GDP data could weigh on them. Market participants will also be keeping a close eye on new developments surrounding Trump's tariff strategy. While gold has been benefiting from risk aversion, a sharp rise in U.S. Treasury yields could limit gains. Gold prices held up despite a much stronger-than-expected jobs report… One of the factors supporting gold prices is the uncertainty that has emerged in the run-up to the U.S. presidential inauguration. As President-elect Donald Trump's Jan. 20 inauguration approaches, investors are concerned about his promise to impose tariffs on a wide range of imports, fearing that the move could fuel inflation and further limit the Federal Reserve's ability to cut interest rates. While gold is seen as a safeguard against inflation, high interest rates have undermined its appeal as a non-yielding asset.
Technical analysis of gold: The non-agricultural data on Friday was very bearish, but the trend was beyond the market's expectations. Although there was a pullback, it eventually formed a bottoming out and rebound situation. This may be because the bulls are still strong, and the short-selling impact of the non-agricultural data was just a short-term wash. It began to pull back after reaching the lowest point near 2664, and stopped after reaching the highest point near 2697, closing at 2690. The daily line closed in the form of a positive line again, forming a strong four-day positive line, and the weekly line also closed with a big positive line. The overall trend is still strong, and the upper pressure is at the integer level of 2700. This position may still be broken next week, but the key suppression point and watershed remain near 2710. Once this position is broken, the upward momentum of the bulls may explode again, but there is also the possibility of a reversal next week. Since the pullback from 2583, the amplitude has reached about 110 US dollars, and the support below is first of all the 2680 line. If it is still in For bulls, this position may form a certain support effect, and it is also the first position to be digested. So we still need to maintain the bullish thinking for gold next Monday. For example, we can go long at 2680 first. If the European session continues to retreat, the support needs to be adjusted to 2665 to continue to look long.
From the four-hour level, after breaking through 2665 US dollars, gold has accelerated its rise, and the highest point has reached around 2697. According to the extension line, it can be inferred that the resistance level is around 2727, and the lower support level has moved up to around 2680 US dollars. The 1-hour moving average of gold is still a golden cross and the bulls are arranged upward. However, the daily support is around 2670. If the market fluctuates and touches here, you can try to go long. Traders must manage their positions reasonably, with the target around 2700-2710; if it reaches around 2710 and does not break, you can try to short sell and continue to go long after falling back. The trend is relatively clear and does not require too much analysis.
Taken together, in terms of short-term gold operation ideas next Monday, our team recommends to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus will be on the 2710-2720 first-line resistance, and the bottom short-term focus will be on the 2670-2677 first-line support. It is recommended to go long next Monday when gold is close to 2670. If the gold Asian market strengthens, you can first light your position and try to buy long near 2682.
Levrage During this Metals Bull - finding the next Newmount?Relatively safe ways to gain exposure to leveraged plays in the form of mining companies.
Many established miners are way too unbelievably low with current metals prices. Here we look at the technical perspective on why I am bullish on these cyclical mining stocks and why they could yield outstanding returns - which is to say now may be the time to scale in before they catch up to precious metals prices.
FSM
ASM
SBSW
GOLD (XAUUSD): Intraday Analysis & Bullish Outlook
As I posted earlier, Gold successfully violated a significant
horizontal intraday/daily horizontal resistance.
Retesting the broken structure, the market continued growing.
The price started to respect the boundaries of a rising wedge pattern.
I believe that we can anticipate a further bullish continuation within that next week.
The final destination for the buyers is 2716 resistance.
With a high probability, it will be reached soon.
❤️Please, support my work with like, thank you!❤️
Technical Analysis of Spot Gold (XAU/USD) – January 12, 2025The #gold market continues its upward trend, and in lower timeframes, positive signs of further upward movement are visible. Based on the updated chart data, the following analysis is provided:
Overall Market Overview
The 4-hour chart of spot gold prices shows successful attempts to maintain levels above key support zones. The addition of the Ichimoku cloud in this analysis provides further insight into the trend direction. Currently, the price is near the critical resistance level of $2,700, with the market showing a strong inclination to break through this level.
Trend Analysis Using Ichimoku
The Ichimoku cloud indicates a strong bullish trend:
The price is above the Ichimoku cloud, signaling a strong uptrend.
The Kijun-Sen and Tenkan-Sen lines also have an upward slope, providing support for the price.
The gap between the price and the Ichimoku cloud indicates dynamic support around the $2,650 level.
Key Support and Resistance Levels
Support Levels:
The first strong support is around the $2,650 range, further reinforced by the Ichimoku cloud.
The second support is observed around $2,620, which is highly significant.
Resistance Levels:
The first resistance lies in the $2,700 range. Breaking this level could lead to an acceleration in the uptrend.
The second resistance is observed at $2,760, a critical level for continuing the bullish movement.
Bullish Scenario
If the price can break above the $2,700 resistance and stabilize in this range, the next bullish targets will be around $2,760. The positive slope of the Ichimoku lines and the overall uptrend increase the likelihood of this scenario.
Bearish Scenario
If the price fails to break through the $2,700 resistance, a price correction toward the $2,650 support level may occur. If this support level breaks, the price could drop to $2,620 or even lower levels.
Summary and Conclusion
Based on the current analysis, the overall gold market trend is still bullish. The $2,700 level plays a crucial role in determining the market’s next direction. Breaking this resistance could push the market toward higher targets, while falling below the $2,650 level may signify the start of a corrective phase.
Recommendation: For traders and investors, closely monitoring the key levels and analyzing trading volumes alongside tools like RSI and MACD can help identify entry and exit points effectively.
Weekly Insights: Euro/Dollar and Gold Analysis
Hello, fellow traders! I hope you’re all doing well. Today, we want to share some insights and observations from the past week that might help you navigate the markets.
Euro/Dollar: We’re seeing some outflows in put options with a strike price of $1.05, which are already in the money and have intrinsic value. Additionally, there’s been a resale of put options at the $1.02 strike. This suggests a sentiment shift—at the very least, we might be witnessing a halt in the downward movement. So, keep an eye on this pair, it could be setting up for a bounce.
Gold: On the gold front, there’s been aggressive buying of call spreads with targets around $2950-$3000. However, this seems a bit too straightforward and obvious—buying after a price increase at high levels doesn’t scream insider trading or strong sentiment. It feels more like a speculative play, and honestly, it’s pretty apparent. The sentiment here is Neutral.
GOLD Under Pressure! SELL!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2662.9 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2650.4
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GOLD Technical Analysis! SELL!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2689.3 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2658.9
Recommended Stop Loss - 2707.9
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Gold has initially broken through, can it continue to rise?
Gold is currently at a critical technical node, with prices fluctuating around $2,689. From the current trend. Since the bottom of $2,584.83, the price of gold has gradually risen, forming a clear upward channel, with the top and bottom of the channel providing strong support and resistance to the price.
At present, the price of gold has approached the upper edge of the channel, and this position also intersects with the downward trend line. It can be seen that the $2,689-2,710 area is both the top resistance of the upward channel and the strong pressure area of the downward trend line. The breakthrough or obstruction of this technical intersection will have a decisive impact on the short-term trend of gold.
If the price of gold breaks through the suppression of the downward trend line (the key point is $2,719), it will further open up the upside space, with the target looking at the $2,750-2,760 area, and even have the opportunity to reach higher levels. This trend may require strong fundamental support, such as a weaker dollar, increased geopolitical uncertainty, or safe-haven demand caused by a global economic slowdown.
If the gold price is blocked and falls back in the $2689-2710 area, it may trigger a round of adjustments. The short-term target may fall back to the middle track of the rising channel near $2660, and the further support level can focus on the $2615-2600 area. This decline may be driven by the strengthening of the US dollar index, the signal of the Federal Reserve or the improvement of market risk sentiment.
The current gold price has formed a certain consolidation near the key resistance area, showing the hesitation of both long and short sides in the market. It is necessary to pay attention to the changes in trading volume and whether there is a clear breakthrough pattern.
The price structure shows that gold may be close to the overbought area at the current position, which further increases the risk of a correction.
Overall, spot gold is currently at a key choice point in the technical pattern, and both long and short sides are fighting fiercely in the $2689-2710 area. Breaking through the downward trend line will strengthen the confidence of bulls, and if it is blocked and falls back, it may step back on the key support. Traders need to pay close attention to changes in market momentum, and at the same time combine fundamental dynamics for risk management and decision optimization.
Long operation suggestion: If the gold price successfully breaks through the downward trend line (stands firmly above $2,719), you can consider chasing long, with the target set at $2,750-2,760, and the stop loss point at $2,680.
Short operation suggestion: If the gold price is blocked and falls back in the current area, the short order target can be set at $2,660, further looking at $2,615, and the stop loss is set above $2,700.
From the long-term trend, gold is still in a volatile upward channel, but it is necessary to be wary of the suppression of the downward trend line. Breaking through this line will verify the continuation of the bullish pattern, otherwise it may usher in a deeper adjustment.
What is an ETF? | The Modern Investor’s Secret WeaponWhy ETFs Are Like a Financial Swiss Army Knife ?
Warren Buffett famously stated that 90% of his wife’s inheritance would go into one simple investment: a low cost S&P 500 index fund, likely an ETF (Exchange Traded Fund). ETFs, which now manage over $13 trillion in assets worldwide, combine the benefits of diversification and simplicity by bundling various stocks, bonds, or other assets into a single investment product.
1. Understanding ETFs
ETFs allow you to invest in a collection of assets that often track specific indices, sectors, or asset classes. Key benefits include:
- Diversification: Gain broad exposure without picking individual stocks.
- Liquidity: Trade ETFs like stocks throughout the trading day.
- Transparency: Daily disclosure of holdings ensures clarity about your investments.
Passive investing with ETFs has surged in popularity over active strategies due to lower fees and higher transparency
2. The Impact of Fees
While ETFs are cost effective, they do charge fees (expense ratios).Even small differences in fees can compound significantly over time, reducing long term returns:
- A 0.05% fee might cost $6K over 20 years on a $100K investment growing at 10% annually.
- A 1.00% fee could cost $112K over the same period.
Thus, keeping costs low is critical, especially for long-term investors.
What qualifies as “low cost”?
- Under 0.10%: Very low, often for funds tracking major indices.
- 0.10%–0.25%: Still affordable, typically for niche or strategy-focused ETFs.
- Above 0.50%: High; these funds require careful evaluation to justify their costs.
3. Leading ETF Providers
Major ETF providers dominate the industry:
- BlackRock (iShares): $3.2 trillion AUM, 452 funds, 0.30% average fees.
- Vanguard: $3 trillion AUM, 86 funds, 0.09% average fees, known for reinvesting profits to lower costs.
- State Street (SPDR): $1.5 trillion AUM, 158 funds, 0.27% average fees, creator of the first US-listed ETF (SPY)
4. Top ETFs by Popularity
Some ETFs hold significant assets due to their simplicity, reliability, and low fees :
- S&P 500 funds (SPY, VOO, IVV): Track the largest US companies
- Total US Market (VTI): Covers small, mid, and large-cap US stocks
- Thematic Funds (VUG, VTV): Focus on growth or value stocks
- Nasdaq 100 (QQQ): Heavy on tech companies like Apple and Microsoft
- Bond ETFs (BND, AGG): Represent the US investment-grade bond market
These ETFs serve as essential building blocks for diversified portfolios
5. Concentration in US Markets
US indices like the S&P 500 and Nasdaq 100 are increasingly dominated by a handful of companies:
- The top 10 stocks make up 39% of SPY and 52% of QQQ.
- Companies like Apple, Microsoft, and Amazon account for 34% of the S&P 500.
While this concentration can amplify gains in bull markets, it also increases vulnerability during downturns.
6. Exploring Specialized ETFs
Beyond broad-market funds, ETFs can target specific regions, sectors, or investment strategies. Choosing the right ETF mix depends on your financial goals, time horizon, and risk tolerance. For simplicity, Warren Buffett recommends sticking to an S&P 500 index fund, while globally diversified options like VT are also available.
Final Takeaway
ETFs have revolutionized investing with their low costs, transparency, and accessibility. Whether you're a beginner or a seasoned investor, understanding what's inside the ETF and how it aligns with your strategy is key to building a successful portfolio.