My friend (and the very popular!) Tori Trades is stopping by our office for an in person interview this evening.

I would love to ask you guys for your help in preparing some of your top questions for her.

I will pick a few for our conversation, and your question may be featured in the upcoming video!

If you'd like to submit a question for us to discuss in the podcast episode, please leave your question here:

https://docs.google.com/forms/d/e/1FAIpQLSca_pkK7UpYfpd37QjgixexVLgwF1fgR4iLyuQ-Q2JENBMDBQ/viewform?usp=header

- Nick

Where Do We Go From Here🤔
Post CPI Analysis🔥

Gold Daily Chart:

Technicals here are fascinating. Let's go through them together!

1. It appears we are going to close (for the first time in a while) below some significant support around 3200 an ounce. This suggests we may be trending down.

2. A key trendline above current price has been broken, and a longer term trendline on gold still remains a good distance below currently price... suggesting a retest could lead to further downside

3. The 200 day moving average may be acting as a magnet, and could suggest a larger decline

Technicals: bearish!
Fundamentals: Mixed.

- Nick

USDJPY Daily Chart:

After 3 days of pulling back, we're seeing UJ retest a key longer term trendline, which also lines up with a previous break of resistance.

EdgeFinder also has a bullish bias on this pair, with some weakness in economic data out of Japan recently as the drag on Yen's economic score.

I'll be watching for possible longs.

- Nick

Check out this chart.

It's the Bitcoin to Gold ratio...

When it is trending higher, it suggests a risk on environment, as traders prefer bitcoin over gold.

When it is trending lower, it suggests a risk off environment, as traders flock to gold.

Notice anything?

By the way, if you'd like to get a trial of the EdgeFinder, we're offering 30 day trials here:
https://form.jotform.com/233167835217055

Gold Daily Chart:

Bears still in control for now. 200 day moving average still looks like it is being targeted.

Today we are seeing a sharp reversal at the previous level of support we saw at 3220 on gold. In my view, technicals continue to look bearish in the short term.

Long term, I do believe there is probably some great buying opportunities at the 200 day moving average level, which gives us another 10-11% down from here.

- Nick

WARNING:

Put to call ratio has (for the first time in months) suggested that sentiment has become euphoric.

What this means:

Traders are much more aggressively buying calls, expecting further upside for stock market indices.

I personally view this as a contrarian bearish signal to stay cautious on stocks for the time being.

- Nick

S&P500 Daily Chart:

Looking for a retracement here as a possible buying opportunity.

EdgeFinder confirmation + nice technical reversal / breakout from the lows.

- Nick

I've noticed a lot of times when stock markets are going up, more people ask the question: "Why not just buy and hold?"

Recency bias is a very strong force in markets.

But remember: periods of poor performance in stocks do occur - and you could go a decade (or even multiple in the case of the great depression) before even returning to breakeven in your investments.

DXY Daily Chart:

Good morning traders! Moody's downgrades the US credit rating...

Dollar lower this morning, gold higher, as investors sell US assets in response.

Personally I don't think this will have too much of a lasting impact, as investors everywhere already knew that the national debt problem in the US was a big one.

Dollar may drift lower in the meantime. Resistance held at 101.50 on DXY. I think support should hold at the previous lows around 98.50

- Nick

Unemployment rate, last 4 years.

Something to note here: employment is still relatively strong, relative to historical averages around 5.7%.

Remember: the economy can handle a lot of stuff (including massive inflation in 2021-2022! ) as long as people remain employed and the economy is growing.

- Nick

By the way - if you'd like to try out our software tools to scan fundamental data & market sentiment data, apply for a trial here:

https://form.jotform.com/233167835217055

Gold daily chart:

I am still neutral, but we are definitely at a decision point here in price action.

Are we headed back to highs, or down towards 3k?

US economy holding up ok. Trade deals looking promising.

But, uncertainty is still high - and Trump is a live wire. Momentum on the weekly chart still favors bulls.

I'm watching close, but staying on the sidelines at this time. - Nick

🚨 Meet Our New Analyst: Alan Perez
We’re excited to welcome Alan Perez—Lead Trader & A1 Trading Show Contributor—to the VIP Discord! (Starting June 2nd)

About Alan:
📈 Style: Fundamental & Technical Trend Trader
⏱️ Sessions: New York, Asia & London
📊 Focus: Swing & Intra-Day FX Trades (G10 Currencies)

Alan is a swing and intra-day trader in the spot FX market, focusing on G10 currencies. He blends fundamental and technical analysis to guide his trades—paying close attention to sentiment, market dynamics, and big news events to catch trends.

Before trading full-time, Alan worked at JPMorgan Chase, helping clients navigate markets and manage risk. He holds the FINRA SIE, Series 6, and NASAA Series 63 certifications.

His goal is to be a trusted voice for retail traders, offering clear analysis and full transparency inside the A1 Trading community.

🔗 Check out Alan’s YouTube channel here

🎟 Want access to Alan’s trades when they launch?
Join the VIP community and get 10% off with code: TGVIP
👉 Join here

*Note: Alan's trade alerts begin June 2, 2025. Secure your spot now to be ready when they go live.