Gold: Climbing Toward $3K?
Gold remains on an upward trajectory despite its overvaluation, and today’s labor data could help push it even closer to the psychological $3,000 mark. Weak job numbers + tariff concerns = potential safe-haven demand, keeping gold in focus.
For now, the metal may trade within a range, but a breakout past $3K remains a possibility if sentiment continues shifting risk-off.
-Frank
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Gold remains on an upward trajectory despite its overvaluation, and today’s labor data could help push it even closer to the psychological $3,000 mark. Weak job numbers + tariff concerns = potential safe-haven demand, keeping gold in focus.
For now, the metal may trade within a range, but a breakout past $3K remains a possibility if sentiment continues shifting risk-off.
-Frank
Data from EdgeFinder
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EdgeFinder, don't do this to me...
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🔥 Gold Nears $3,000 – Is There More Room to Run?
Gold prices are surging, driven by rising trade tensions and strong central bank demand. With key technical indicators signaling bullish momentum, analysts are now eyeing further upside beyond $3,000. As economic uncertainty grows, gold’s safe-haven appeal has never been stronger.
But how will this impact the broader market? And what other assets are reacting to the trade war? Read the full breakdown here: https://www.a1trading.com/the-trade-war-begins/
-Frank
Data from EdgeFinder
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Gold prices are surging, driven by rising trade tensions and strong central bank demand. With key technical indicators signaling bullish momentum, analysts are now eyeing further upside beyond $3,000. As economic uncertainty grows, gold’s safe-haven appeal has never been stronger.
But how will this impact the broader market? And what other assets are reacting to the trade war? Read the full breakdown here: https://www.a1trading.com/the-trade-war-begins/
-Frank
Data from EdgeFinder
📈 Trial the EdgeFinder
🎁 Access Now for 30% Off with Code TGVIP
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Here is a quick update on my general outlook: (Nick)
- Tariffs have everyone terrified.
- Economic data for US (as seen in my previous posts) looks a little soft, and has people rushing to other currencies/stock markets
- Gold looks great in an environment where central banks are both buying it aggressively, and cutting interest rates...
- I think the Bank of Japan will hike rates further, which could introduce some risk
Long story short:
- Short term I am (and have been) cautious
- Long term, I think there are some great buy the dip opportunities forming in stocks
- Metals momentum is my favorite trade right now, until it fades
I view this as an attractive opportunity to slowly start building long positions in stocks I like.
- Nick
- Tariffs have everyone terrified.
- Economic data for US (as seen in my previous posts) looks a little soft, and has people rushing to other currencies/stock markets
- Gold looks great in an environment where central banks are both buying it aggressively, and cutting interest rates...
- I think the Bank of Japan will hike rates further, which could introduce some risk
Long story short:
- Short term I am (and have been) cautious
- Long term, I think there are some great buy the dip opportunities forming in stocks
- Metals momentum is my favorite trade right now, until it fades
I view this as an attractive opportunity to slowly start building long positions in stocks I like.
- Nick
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Unemployment claims have come in lower this week but remain within the same general range. So far this year, no report has fallen below the 200,000 threshold. Additionally, the latest ADP employment data significantly underperformed expectations, raising further concerns about the labor market’s resilience.
-Frank
Data from EdgeFinder
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-Frank
Data from EdgeFinder
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To those who think they can easily predict the market direction ahead of the NFP report... There's something you should know.
At the world’s top financial institutions and hedge funds, teams of brilliant minds (quants, economists, and statisticians) work tirelessly, crunching vast datasets with cutting-edge models to forecast the numbers ahead of the release. Even with their talent, resources, and floors of brainpower, their predictions about jobs data are often off — sometimes wildly so.
The reason post news price spikes are so violent is because there is a degree of uncertainty! The market rapidly tries to price in the new information following the print.
A retail trader marking up technical charts is not going to be able to better predict jobs data than the smartest minds with access to powerful data sets and quantitative models.
The good news? You don't have to! I like to wait for the numbers to come out, take some time to understand what they mean for the economy / macro context, and find setups that have a decent risk/reward.
This often means trailing the big guys and their moves... rather than trying to call the markets direction before we get the data. That is pure gambling in my opinion.
Be safe. Today is account blowing day for many...
- Nick
At the world’s top financial institutions and hedge funds, teams of brilliant minds (quants, economists, and statisticians) work tirelessly, crunching vast datasets with cutting-edge models to forecast the numbers ahead of the release. Even with their talent, resources, and floors of brainpower, their predictions about jobs data are often off — sometimes wildly so.
The reason post news price spikes are so violent is because there is a degree of uncertainty! The market rapidly tries to price in the new information following the print.
A retail trader marking up technical charts is not going to be able to better predict jobs data than the smartest minds with access to powerful data sets and quantitative models.
The good news? You don't have to! I like to wait for the numbers to come out, take some time to understand what they mean for the economy / macro context, and find setups that have a decent risk/reward.
This often means trailing the big guys and their moves... rather than trying to call the markets direction before we get the data. That is pure gambling in my opinion.
Be safe. Today is account blowing day for many...
- Nick
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100% free update for EdgeFinder users.
(And more coming...)
Don't miss the LAST CALL on our 30% OFF sale.
Use code TGVIP here:
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⚠️ PROTECT YOURSELF FROM SCAMS
Hi Traders! Unfortunately, the trading industry is plagued with scams. From false promises of guaranteed profits to accounts impersonating well-known industry figures, it is crucial to remain vigilant and always be on high alert.
Specifically, for A1 Trading or TraderNick followers, it is important that you are aware of impersonators. Across all social media platforms, there are hundreds of fake accounts impersonating Nick ("Tradernick") or other members of our team. It's alarmingly easy for someone to create a profile using our images and names to deceive others. We highly encourage everyone to spend the time to thoroughly read through this page so that you can be well informed on the scams that are currently affecting member of our community.
HOW TO IDENTIFY SCAMS & FAKE ACCOUNTS: https://www.a1trading.com/scammers/
Hi Traders! Unfortunately, the trading industry is plagued with scams. From false promises of guaranteed profits to accounts impersonating well-known industry figures, it is crucial to remain vigilant and always be on high alert.
Specifically, for A1 Trading or TraderNick followers, it is important that you are aware of impersonators. Across all social media platforms, there are hundreds of fake accounts impersonating Nick ("Tradernick") or other members of our team. It's alarmingly easy for someone to create a profile using our images and names to deceive others. We highly encourage everyone to spend the time to thoroughly read through this page so that you can be well informed on the scams that are currently affecting member of our community.
HOW TO IDENTIFY SCAMS & FAKE ACCOUNTS: https://www.a1trading.com/scammers/
A1 Trading
How to Identify Scams: 5 Signs of A Scammer
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