Gold's score has been creeping higher over the past few days which could indicate that investors are betting on a slow down in the US labor market this Friday. The metal is in between a level of support and resistance at $2,600 and $2,670s. It looks like there was a head and shoulders pattern on the 1D timeframe that caused the initial drop, but price has remained steady for the past several trading days. Worse NFP and unemployment numbers could result in a rise in demand for the metal.
CYBER MONDAY SALE (40% OFF EXTENDED!)
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY SALE (40% OFF EXTENDED!)
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
👍11❤3👏1
After the crypto's meteoric spike to the upside, Bitcoin's price struggles just under the $100,000 mark. Risk sentiment has not declined in the stock market, but signs of diminishing optimism in the crypto market are very much present. Last week's candle closed in a bearish way suggesting buyer's exhaustion. Although investor may be optimistic on Bitcoin, it could be out of buyers in the short term.
- Frank
- Frank
👍8❤3
Metals have been on the top of the list for some time. Oil and gold are also hot commodities among the crowd, meaning that gold might not be ready to return to the highs yet and oil might not be ready to recover from the lows.
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
👍5
On the other side of sentiment, it seems COT and retail are in agreement on the direction of gold and oil. The largest positions to the upside are yen, NASDAQ and oil. Meanwhile, they are selling out of small caps, NIKKEI, DOW and treasuries.
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
👍10
US Manufacturing PMI data came out today higher than expected and rose by a substantial amount from last month. However, in a primarily services economy, this number does not matter as much as Services PMI on Wednesday. These are a few of the key metrics to come out this week as we await jobs data starting with JOLTS tomorrow.
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
❤8👍5
NASDAQ Daily Chart:
Price looks poised for a breakout, now that we've returned to all time highs.
Fundamentally, we have a decently strong US economy, the fed still plans to reduce interest rates, and inflation is much more under control.
Technically, I will be looking for either a break and retest of the highs, or a pullback down towards 20,400.
Feeling bullish...
- Nick
Price looks poised for a breakout, now that we've returned to all time highs.
Fundamentally, we have a decently strong US economy, the fed still plans to reduce interest rates, and inflation is much more under control.
Technically, I will be looking for either a break and retest of the highs, or a pullback down towards 20,400.
Feeling bullish...
- Nick
👍23❤4
🏆 LATEST TRADING RESULTS!
Check out our recent trades shared exclusively in our VIP group! If you want to receive our precise entries, exits, and in-depth analysis for every trade, now’s the time to join!
✨ Don’t miss out—Get 40% OFF VIP Signals now!
Use code TGVIP to claim your discount here: http://a1trading.com/vip
Check out our recent trades shared exclusively in our VIP group! If you want to receive our precise entries, exits, and in-depth analysis for every trade, now’s the time to join!
✨ Don’t miss out—Get 40% OFF VIP Signals now!
Use code TGVIP to claim your discount here: http://a1trading.com/vip
🔥11👍6⚡1
🔔 Looking for a prop firm that puts YOU in control?
DNA Funded offers a powerful platform for traders who want flexibility, variety, and rewarding opportunities:
✅ Access 800+ trading instruments on TradeLocker
✅ Profit splits up to 90% for funded traders
✅ Unlimited trading days on 1 and 2-phase challenges
✅ Faster payouts—reduced from 14 days to just 7 days!
✅ Customizable with add-ons for a tailored experience
Ready to take your trading to the next level? Use code A1tradingDF10 at checkout for 10% off your challenge!
Start your journey with DNA Funded today 🚀
DNA Funded offers a powerful platform for traders who want flexibility, variety, and rewarding opportunities:
✅ Access 800+ trading instruments on TradeLocker
✅ Profit splits up to 90% for funded traders
✅ Unlimited trading days on 1 and 2-phase challenges
✅ Faster payouts—reduced from 14 days to just 7 days!
✅ Customizable with add-ons for a tailored experience
Ready to take your trading to the next level? Use code A1tradingDF10 at checkout for 10% off your challenge!
Start your journey with DNA Funded today 🚀
🔥9👍8❤1
BTCUSD Daily Chart:
Price action looks a bit stagnant just short of 100k. I do believe there is a strong probability that we head to test that, but would personally like to wait for a retest before possible longs.
Fundamentally, I think BTC has a good backdrop into 2025. With the return of Donald Trump and the new department of government efficiency (DOGE) run by Elon Musk, Bitcoin currently has some strong allies taking power. Additionally, we see a pretty strong setup for the US economy, amidst falling inflation and a consumer feeling stronger than recent years.
I remain bullish, but patiently waiting for an opportunity.
- Nick
Price action looks a bit stagnant just short of 100k. I do believe there is a strong probability that we head to test that, but would personally like to wait for a retest before possible longs.
Fundamentally, I think BTC has a good backdrop into 2025. With the return of Donald Trump and the new department of government efficiency (DOGE) run by Elon Musk, Bitcoin currently has some strong allies taking power. Additionally, we see a pretty strong setup for the US economy, amidst falling inflation and a consumer feeling stronger than recent years.
I remain bullish, but patiently waiting for an opportunity.
- Nick
👍22❤5
False Hope for Oil
Oil prices rise on further tensions in Russia and Ukraine, while South Korean president Yeol declared martial law before parliament got it rejected several hours later. Geopolitical tensions are rising, but the market remains steady for now and oil consolidates around $69. Price is between two key levels at $72 and $67, but it seems unlikely that it will continue to push higher on for the day. The score has changed into positive territory on the EF due to a reversal in trend, but no real fundamental bias. This could go back to a +3 overall score this week sometime if the uptrend ceases.
-Frank
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
Oil prices rise on further tensions in Russia and Ukraine, while South Korean president Yeol declared martial law before parliament got it rejected several hours later. Geopolitical tensions are rising, but the market remains steady for now and oil consolidates around $69. Price is between two key levels at $72 and $67, but it seems unlikely that it will continue to push higher on for the day. The score has changed into positive territory on the EF due to a reversal in trend, but no real fundamental bias. This could go back to a +3 overall score this week sometime if the uptrend ceases.
-Frank
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
👍13❤5🤔1
Media is too big
VIEW IN TELEGRAM
CYBER MONDAY WEEK ENDING!
Get 40% off everything with code TGVIP here:
https://a1trading.com/promotions/
Have questions? Want to pay with crypto? Payment plans?
MESSAGE US:
https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
Get 40% off everything with code TGVIP here:
https://a1trading.com/promotions/
Have questions? Want to pay with crypto? Payment plans?
MESSAGE US:
https://tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80
👍5🤩5❤2
The crypto craze continues towards the end of the year as Bitcoin surpasses $100,000 which served as many analysts psychological "price targets". And now that we're here, what's next for the giant? Here are some reasons to stay cautiously bullish:
👍3
Bitcoin's score jumped five points since the start of December after being in the negatives from mid to late November. The coin hit $103K late last night after Trump announced Paul Atkins head of SEC. Atkins is known for being pro-Bitcoin and will likely have crypto friendly policies.
BTCUSD is climbing higher in the $103,000s at the time of writing this, the highest price it's ever been in history. If we zoom out to the 1W timeframe, there is a long term trend line that has called the third peak in late 2021. There are a few things scenarios that can happen here could be we get the test at the top of the trend line and pullback, or we test and break the trend line. If the crypto can break the 7-year resistance zone, it could result in further growth into uncharted territory.
-Frank
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
BTCUSD is climbing higher in the $103,000s at the time of writing this, the highest price it's ever been in history. If we zoom out to the 1W timeframe, there is a long term trend line that has called the third peak in late 2021. There are a few things scenarios that can happen here could be we get the test at the top of the trend line and pullback, or we test and break the trend line. If the crypto can break the 7-year resistance zone, it could result in further growth into uncharted territory.
-Frank
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
👍7❤3🤩2
When Bitcoin goes up, so do the altcoins. Ethereum is the second-most known crypto out there that acts almost as a leveraged version of Bitcoin. From the November lows, BTCUSD gained 55% to the new all time highs. In the same timeframe, Ethereum moved 67% which is outpacing its predecessor. The alt coin is nearing summer highs this year and resistance from 2021. The highest level it's been was around $4,870.
- Frank
- Frank
❤12🔥4👍3
Blue chips take the reins again after the trade swings to dividend plays. The put/call ratio has been relatively flat over the past month or so with a slight lean towards bullishness. Seasonality is strong for the index this month while we wait for NFP tomorrow. This week has been softer than expected in terms of ADP coming in light and unemployment claims higher. What could cause a retracement in the market is if NFP comes in lighter, revisions are lighter, and/or unemployment rate ticks up.
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
🤩7👍4❤1
Despite a considerable move to all time highs, smart money is still split in sentiment. This could lead us to thinking that the recent rally to $100k could be retail-led which would indicate that price is unstable at these highs.
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
CYBER MONDAY — 40% OFF EXTENDED!
⏳ 40% off code: TGVIP
👉 Get the EdgeFinder
❤9👍4