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I mean my executions where on point but I thought today could have easily traded down to the 50's...

 

 

Nikko

 

Nikko

A couple of posts back you say we should have easily broken 1400.00 and now you say we could have easily gone down into the 50"s. You are confusing me.

 

Re:reading I think I may see what you said.

 

slick60

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Nikko

A couple of posts back you say we should have easily broken 1400.00 and now you say we could have easily gone down into the 50"s. You are confusing me.

 

slick60

 

Sorry to confuse you, I will post a trading journal soon and be up to date with execution etc. I was unaware that my posts were no longer moderated so they could show up in real-time. I just did not post during the day as it took a little while for my posts to be approved. Yesterday I posted a theory but as far as today all I said was this

 

Very few things will bring this market down and when they show believe me I'll be the first one to say SHORT this fukn index until she bottoms!!!! As of right now and for most likely the remainder of the summer, unless we see some of those trust fund babies in congress grow some balls and stop pretending that they can fix things when in all reality they can not and we need REFORM we should definitely continue the uptrend or stay in / near 1400's. I'm not a stupid politician though so I'll just sit back and play it by the day. This is more then trading for me, in essence the markets are an awesome never ending book that tell more then just a story, it is legit history in the making! So I don't care about a legacy I just want to be a part of the markets as it is so much more then TA, fundamentals and politics, I love this business! Don't go for the stereotypical thesis regarding traders guys, you should not be stressed or worried when making executions, you should be like a robotic fukn jet-i who will never break and has no emotion, NONE. Then you will win, forever! Stress will overcome your confidence and lead you to question yourself which will only ruin your trading plan which will make you unstable and you will lose as your plan clearly will then not be a plan but just more of a guesstimated formula of you don't even know. So yes don't stress because if you do stress you have no idea of what's going on so just relax and take notes.

 

Nikko

 

I was not talking about today's trading as at this time I was unaware that my posts did not need to be approved so I was speaking in general not my executions. You would have to be pretty ignorant to feel bullish today specifically especially after the news and bad reports. Anyway I did not really feel a part of real-time conversation as I did not know when my posts would show up.

 

Good luck,

 

Nikko

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Nikko

A couple of posts back you say we should have easily broken 1400.00 and now you say we could have easily gone down into the 50"s. You are confusing me.

 

Re:reading I think I may see what you said.

 

slick60

 

I was talking about 1400 yesterday anyway, not today. I read a couple of your posts and feel you have a lot to work on before you can understand what I say or mean.

 

Nikko

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* * *

 

I am looking to sell 71.50, or thereabouts, if it looks right.

 

I see no sell there. What are you using as your signal?

 

Got 71.50, half normal position as I do not want to get steamrolled -- only giving it 5 ticks or so.

 

Well, out for -5 ticks, this is why I put on half a position. Not much skin here.

 

Obviously something which was not reliable in this case! :D

 

In my gobbledygoop, the sequence was:

 

dom R2L (full traverse)--->nondom retrace (I am looking to sell 71.50, or thereabouts, if it looks right.)--->@RTL [TIME to short here] (I see no sell there. What are you using as your signal?)--->resumption R2L--->FTT [means do not be short, exit or reverse]--->retrace (nondom)--->BO (dom/nondom switch to long) (Got 71.50, half normal position as I do not want to get steamrolled -- only giving it 5 ticks or so.)--->going to p2--->@RTL of larger fractal--->BO of larger container RTL (Well, out for -5 ticks, this is why I put on half a position. Not much skin here.) and (Obviously something which was not reliable in this case! :D)--->p2 of new container--->retrace (nondom)--->p3, etc.

Edited by gosu

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In my gobbledygoop, the sequence was:

 

dom R2L (full traverse)--->nondom retrace (I am looking to sell 71.50, or thereabouts, if it looks right.)--->@RTL [TIME to short here] (I see no sell there. What are you using as your signal?)--->resumption R2L--->FTT [means do not be short, exit or reverse]--->retrace (nondom)--->BO (dom/nondom switch to long) (Got 71.50, half normal position as I do not want to get steamrolled -- only giving it 5 ticks or so.)--->going to p2--->@RTL of larger fractal--->BO of larger container RTL (Well, out for -5 ticks, this is why I put on half a position. Not much skin here.) and (Obviously something which was not reliable in this case! :D)--->p2 of new container--->retrace (nondom)--->p3, etc.

 

I would love to learn the Jack Hershey method of trading. I see it as an iterative way to study the markets. I find it difficult to follow a method I don't fully understand but I do admire it. You can tell it's the result of one mans market soul searching.

I personally think that the blend of a few of us who are trading from vastly differing methods could jointly produce great results as long as we would continue to differ in our approaches. Please call out some trades based on his methodology tomorrow I would love to see it in action.

Thanks Gosu!!

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I would love to learn the Jack Hershey method of trading.

 

Cool. No one is stopping you. Carpe diem.

 

I see it as an iterative way to study the markets. I find it difficult to follow a method I don't fully understand but I do admire it. You can tell it's the result of one mans market soul searching.

 

That's a nice way of putting it.

 

I personally think that the blend of a few of us who are trading from vastly differing methods could jointly produce great results as long as we would continue to differ in our approaches.

 

Hmm, not sure about that. You have to think for yourself and rely on your own judgment and that's less likely if you allow yourself to be influenced by others. Trading is an individual effort.

 

Please call out some trades based on his methodology tomorrow I would love to see it in action.

Thanks Gosu!!

 

You are asking for a lot! LOL

 

Making calls is not my thing, but if we had access to a chatroom on this site where things could be posted faster, I would be open to "thinking out loud." Maybe that will happen in the future.

 

Cheers. :beer:

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You would have to be pretty ignorant to feel bullish today specifically especially after the news and bad reports.

 

The market was at 82.50 or thereabouts just before the news. After the news, the market sold off to high 74s. The market then traded all the way back up ABOVE 82.50, and breached yesterday's high, and was finding support above 82.50. A very good case can be made for the market accepting bad news, shrugging it off to trade above the point where it was prior to that bad news, and then continuing upward after a rotation. This did not happen, but it is hardly "ignorant" to take a bullish premise when the market trades below yesterday's low, back above it, and up to the prior day high, all well AFTER news.

 

Market participants have many motivations, and I'm not presuming to know them all, but it's pretty clear that if the market had really been bearish because of news, it would not have traded up to 86s as it did. I mean the 8:30 and 10am ET reports by the way, not "news" in general.

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The market was at 82.50 or thereabouts just before the news. After the news, the market sold off to high 74s. The market then traded all the way back up ABOVE 82.50, and breached yesterday's high, and was finding support above 82.50. A very good case can be made for the market accepting bad news, shrugging it off to trade above the point where it was prior to that bad news, and then continuing upward after a rotation. This did not happen, but it is hardly "ignorant" to take a bullish premise when the market trades below yesterday's low, back above it, and up to the prior day high, all well AFTER news.

 

Market participants have many motivations, and I'm not presuming to know them all, but it's pretty clear that if the market had really been bearish because of news, it would not have traded up to 86s as it did. I mean the 8:30 and 10am ET reports by the way, not "news" in general.

 

You could not be any more wrong and if you keep thinking to go against the obvious you are not going to make it far and yes it is in fact extremely ignorant for a veteran trader to go against the overall motion regarding the ES on 4/19/2012 and not believe the 50's could have easily been obtainable. The climb up was a market player, if you did not know I would like to educate you that there are teams of people much smarter then all of us looking to take all of our money and their competitions too. In which are as equally better then us, so if you have an overall outlook for the day and your usually right don't let a spike in the market deteriorate your plan, now if mid day they said " hey reports were wrong everyone is employed! " ok I agree, but not just from a simple spike in the market after the release of core evidence that only comes around once in awhile. So yes if your overall goal is to have a long-term profitably structured trading program and not some sissy system where you get scared of brief non corresponding spikes on the few days where the information we receive have so much meaning then yes, I would say if you keep that up you are going to be on the losing side much more often then not.

 

Good luck,

 

Nikko

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...

 

I personally think that the blend of a few of us who are trading from vastly differing methods could jointly produce great results as long as we would continue to differ in our approaches.

 

...

 

 

 

Hi clmac,

 

I agree with gosu on this one... too many cooks spoil the broth. It is good to see from time to time how others think about the market at the moment and where they see key support or resistance, but it could also distract a lot as you do not get the full picture in such thread. One might trade only for a few ticks target within seconds, the other is watching slightly bigger moves on the 5 min chart and another one is looking for the one big trend trade per day. They all could make a profit but their entries and exits are at different times and levels than yours.

 

Anyway, it is fun to hang around other guys who try to squeeze out some bucks from the same stuff you are looking at :) ... but then again you have to have the time for it... for instance, with my bread and butter business I have difficulties trying to post my trades in real time.

 

Regards,

karo

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The market was at 82.50 or thereabouts just before the news. After the news, the market sold off to high 74s. The market then traded all the way back up ABOVE 82.50, and breached yesterday's high, and was finding support above 82.50. A very good case can be made for the market accepting bad news, shrugging it off to trade above the point where it was prior to that bad news, and then continuing upward after a rotation. This did not happen, but it is hardly "ignorant" to take a bullish premise when the market trades below yesterday's low, back above it, and up to the prior day high, all well AFTER news.

 

Market participants have many motivations, and I'm not presuming to know them all, but it's pretty clear that if the market had really been bearish because of news, it would not have traded up to 86s as it did. I mean the 8:30 and 10am ET reports by the way, not "news" in general.

 

 

Hi everyone,

 

I was yesterday also very bearish and expected a much bigger move downward, especially after the news. I was bearish before the news already and thought the weak news were the catalyst for the big move down. But I was surprised about the strength of the market here.

 

I think we can agree that after such long consolidation a big move must happen, be it up or down. After yesterday's less than expected down move, I have a bias to the upside now. But ACH... I expect the big move for today, although it is opex, or the beginning of next week...

 

Regards,

karo

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You could not be any more wrong and if you keep thinking to go against the obvious you are not going to make it far and yes it is in fact extremely ignorant for a veteran trader to go against the overall motion regarding the ES on 4/19/2012 and not believe the 50's could have easily been obtainable. The climb up was a market player, if you did not know I would like to educate you that there are teams of people much smarter then all of us looking to take all of our money and their competitions too. In which are as equally better then us, so if you have an overall outlook for the day and your usually right don't let a spike in the market deteriorate your plan, now if mid day they said " hey reports were wrong everyone is employed! " ok I agree, but not just from a simple spike in the market after the release of core evidence that only comes around once in awhile. So yes if your overall goal is to have a long-term profitably structured trading program and not some sissy system where you get scared of brief non corresponding spikes on the few days where the information we receive have so much meaning then yes, I would say if you keep that up you are going to be on the losing side much more often then not.

 

Good luck,

 

Nikko

 

The only "ignorant" ideas are that you have to be "right" to make money and if you are "right" you will make money. That's just not reality for most traders. I have made lots of money on some days when I haven't got a f*&£*@g clue what was going on and had I not managed my trades well, I'd have lost a great amount of money. Then there are those frustrating days on which I know what is happening and yet I can't take full advantage due to the way the market is getting there.

 

Anyway, yesterday finished with a big range of 21 points. From the high, the idea of it getting into 50's was a little on the edge of possible expectations. Slick had mentioned the area it did get to as did I (previous balance vpoc/long term high volume). I think this was always going to be a big step to get beyond. Anyway, here is a chart showing ES RTH daily ranges from the past 500 days.

 

attachment.php?attachmentid=28634&stc=1&d=1334911311

2012-04-20.thumb.jpg.df933055f7e6fc031e7d2abf6e481804.jpg

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I was talking about 1400 yesterday anyway, not today. I read a couple of your posts and feel you have a lot to work on before you can understand what I say or mean.

 

Nikko

 

Well, we certainly are entitled to our own opinions!

 

slick60

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Hi clmac,

 

I agree with gosu on this one... too many cooks spoil the broth. It is good to see from time to time how others think about the market at the moment and where they see key support or resistance, but it could also distract a lot as you do not get the full picture in such thread. One might trade only for a few ticks target within seconds, the other is watching slightly bigger moves on the 5 min chart and another one is looking for the one big trend trade per day. They all could make a profit but their entries and exits are at different times and levels than yours.

 

Anyway, it is fun to hang around other guys who try to squeeze out some bucks from the same stuff you are looking at :) ... but then again you have to have the time for it... for instance, with my bread and butter business I have difficulties trying to post my trades in real time.

 

Regards,

karo

 

Good point!! My thought is that serious students of the market can produce very similar calls for very differing reasons.

The Hershey follwer sees a "Failure To Traverse" (FTT) on the correct "Volume Gaussian" that allows him to make a judgement call on the market with a method he is deeply familiar with.

At the same time a "Profile Trader" sees the market trading into a "Low Volume Node" area with a good risk to reward opportunity if the area holds as resistance and trades back into acceptance or a "High Volume Node" area.

While a chartist watching price alone begins to see warning signs of price running out of steam while watching the movement of price over multiple time frames and subjecting his context to the nearest Resistance level.

Who is wrong?!!!!!!! No one! If their study is genuine all 3 are correct. And what may be lacking in the context one of them is choosing to use can at times be made up for by the other. As long as they all stay uniquely separated from each other in methodology they can jointly produce confidence in a call that together captures market sentiment.

Just a thought!!

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I follow these markets using market profile, delta cycles for timing, fibonacci for everybody moves, Elliott Wave for patterns, VSA for momentum divergence, Wyckoff for demand and supply to some extent and and and....

Yesterday we hit 65.50 very fast, too fast at the .786 retracement in pattern. Today is OPEX and now I look at pattern seeing a possible one more little pop up and then testing the 65.00 area again. I still feel we need to get to the 90-94.00 level before we take "the plunge" to a medium term auction low. I am seeing the 1280.00 area coming into play by the middle of May and then northward ho the wagons one more time.

This current range that we are in is appearing to me to be a platform of accumulation and distribution. Thems that has is passing off to those who think we are going north and taking the new sells for the 100 point shot down.

Just my thoughts for the day

 

slick60

 

add chart of 15 min profile

http://screencast.com/t/LUzWJ6ERcE

Edited by slick60

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I follow these markets using market profile, delta cycles for timing, fibonacci for everybody moves, Elliott Wave for patterns, VSA for momentum divergence, Wyckoff for demand and supply to some extent and and and....

Yesterday we hit 65.50 very fast, too fast at the .786 retracement in pattern. Today is OPEX and now I look at pattern seeing a possible one more little pop up and then testing the 65.00 area again. I still feel we need to get to the 90-94.00 level before we take "the plunge" to a medium term auction low. I am seeing the 1280.00 area coming into play by the middle of May and then northward ho the wagons one more time.

This current range that we are in is appearing to me to be a platform of accumulation and distribution. Thems that has is passing off to those who think we are going north and taking the new sells for the 100 point shot down.

Just my thoughts for the day

 

slick60

 

add chart of 15 min profile

2012-04-20_0836 - slick60's library

 

Wow!! Now that's how to do it!! That must give you so much context to work with. How do you synthesize so much into a trading decision? Is it powerful when it comes together as a single decision? Forgive my inquisitiveness I just think its great and am curious.

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... My thought is that serious students of the market can produce very similar calls for very differing reasons.

 

...

 

Who is wrong?!!!!!!! No one! If their study is genuine all 3 are correct.

 

...

 

 

 

You are absolutely right!

 

At the beginning, when I've developed my own method, I was stunned... every time I've got a signal and entered, volume increased and price moved in my direction... I thought to myself "... man, some other guys are looking at the same thing I do!" ... but then I realized that others have different methodologies but just get the signals at the same time... :)

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The only "ignorant" ideas are that you have to be "right" to make money and if you are "right" you will make money. That's just not reality for most traders. I have made lots of money on some days when I haven't got a f*&£*@g clue what was going on and had I not managed my trades well, I'd have lost a great amount of money. Then there are those frustrating days on which I know what is happening and yet I can't take full advantage due to the way the market is getting there.

 

...

 

 

Good point N!

 

I've realized this week, that I have to be careful with posting my projections in the forum, as I tend to be "married" to these for prolonged periods if I do so - to my disadvantage of course. It's a personality kind of thing, I guess. It might be possible for some to do it and still be open to other outcomes. But I think I am not this kind of person.

 

I think, Josh mentioned it also. I actually don't care what the market is doing tomorrow. It is irrelevant for my trading decisions. I just look where we are NOW and whether one of my setups occurs. That's it...

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I have one chart for you early on today. It's my RTH daily volume profile chart. The one thing I am drawn to is the shape of the current balance profile. There is no strong consensus of value.

 

 

 

I enjoy the neutrality of your posts, N!

 

You just observe and describe. The rest is up to the markets!

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So yes if your overall goal is to have a long-term profitably structured trading program and not some sissy system where you get scared of brief non corresponding spikes on the few days where the information we receive have so much meaning then yes, I would say if you keep that up you are going to be on the losing side much more often then not.

 

I look forward to hearing your specific, clear ideas about the market. Welcome to TL.

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I have one chart for you early on today. It's my RTH daily volume profile chart. The one thing I am drawn to is the shape of the current balance profile. There is no strong consensus of value.

 

attachment.php?attachmentid=28635&stc=1&d=1334926984

 

I like your chart "N"

It shows me a "P" balance pattern prior to the high and then the "it has to go up before it goes down" move to the highs. - Distribution taking place in MHO. And then now we have the inverted flag, symetrical triangle, range.... building cause they ain't got enough for the upcoming move lower.

Man I do seem fixated on a move lower at this time.

 

slick60

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Good point N!

 

I've realized this week, that I have to be careful with posting my projections in the forum, as I tend to be "married" to these for prolonged periods if I do so - to my disadvantage of course. It's a personality kind of thing, I guess. It might be possible for some to do it and still be open to other outcomes. But I think I am not this kind of person.

 

I think, Josh mentioned it also. I actually don't care what the market is doing tomorrow. It is irrelevant for my trading decisions. I just look where we are NOW and whether one of my setups occurs. That's it...

 

Hi karo

Yeow, You be talking about me. I guess there are others somewhat like I.

I have to say that I am with you on this one again. I think we agreed yesterday about the 65 area pretty early.

And yeah, the Neg is the ombudsman. If I wasn't so old I would call him "Dad". lol

 

slick

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If today’s employment data deteriorates, economists advise the Federal Reserve may opt to cut interest rates sooner.   Therefore, it is important to note that today’s NFP will influence the USDJPY to a large extent. Whereas in the longer-term, trade negotiations will steal the spotlight. If trade partners are able to negotiate the US Dollar can correct back upwards. Whereas, if other countries retaliate and do not negotiate the US Dollar will remain weak.   USDJPY - The Yen and the Bank of Japan The Japanese Yen is the best-performing currency in 2025 increasing by 6.70% so far. Risk indicators such as the VIX and High-Low Indexes continue to worsen which is positive for the JPY as a safe haven currency.   Yesterday Japan released March business activity data that came in weaker than expected: the Services PMI dropped from 53.7 to 50.0, while the Composite PMI fell from 52.0 to 48.9. The data is the lowest in two years. These figures could hinder further interest rate hikes by the Bank of Japan. However, most economists still expect the Bank Of Japan to hike at least once more. It's also important to note, that even if the BOJ opts for a prolonged pause, a cut is not likely.   Additionally, a 24% tariff was imposed on Japanese exports to the US yesterday. Prime Minister Mr Ishiba expressed disappointment over Japan's failure to secure a tariff exemption and pledged support measures to help domestic industries manage the impact.   Key Takeaway Points: US Dollar Weakens, Safe Havens Rise: The Japanese Yen and Swiss Franc continue to gain as investors shift away from the US Dollar. USDJPY Under Pressure: USDJPY trades at a 25-week low, with short-term momentum favouring the Dollar but long-term trends pointing to potential Yen strength. NFP and Unemployment Crucial: Today’s Non-Farm Payrolls and unemployment figures will heavily influence short-term USDJPY. On the other hand, trade negotiations will dictate longer-term trends. Japan Faces Mixed Signals: Despite weak PMI data and new US tariffs, the Japanese Yen remains strong. Economists expect at least one more rate hike from the Bank of Japan, but no cuts are in sight. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • YUM Yum Brands stock, nice breakout with volume +34.5%, from Stocks to Watch at https://stockconsultant.com/?YUM
    • Date: 3rd April 2025.   Gold Prices Pull Back After Record High as Traders Eye Trump’s Tariffs.   Key Takeaways:   Gold prices retreated after hitting a record high of $3,167.57 per ounce due to profit-taking. President Trump announced a 10% baseline tariff on all US imports, escalating trade tensions. Gold remains exempt from reciprocal tariffs, reinforcing its safe-haven appeal. Investors await US non-farm payroll data for further market direction. Fed rate cut bets and weaker US Treasury yields underpin gold’s bullish outlook. Gold Prices Retreat from Record Highs Amid Profit-Taking Gold prices saw a pullback on Thursday as traders opted to take profits following a historic surge. Spot gold declined 0.4% to $3,122.10 per ounce as of 0710 GMT, retreating from its fresh all-time high of $3,167.57. Meanwhile, US gold futures slipped 0.7% to $3,145.00 per ounce, reflecting broader market uncertainty over economic and geopolitical developments.   The recent rally was largely fueled by concerns over escalating trade tensions after President Donald Trump unveiled sweeping new import tariffs. The 10% baseline tariff on all goods entering the US further deepened the global trade conflict, intensifying investor demand for safe-haven assets like gold. However, as traders locked in gains from the surge, prices saw a modest retracement.   Trump’s Tariffs and Their Market Implications On Wednesday, Trump introduced a sweeping tariff policy imposing a 10% baseline duty on all imports, with significantly higher tariffs on select nations. While this move was aimed at bolstering domestic manufacturing, it sent shockwaves across global markets, fueling inflation concerns and heightening trade war fears.   Gold’s Role Amid Trade War Escalations Despite the widespread tariff measures, the White House clarified that reciprocal tariffs do not apply to gold, energy, and ‘certain minerals that are not available in the US’. This exemption suggests that central banks and institutional investors may continue favouring gold as a hedge against economic instability. One of the key factors supporting gold is the slowdown that these tariffs could cause in the US economy, which raises the likelihood of future Federal Reserve rate cuts. Gold is currently in a pure momentum trade. Market participants are on the sidelines and until we see a significant shakeout, this momentum could persist.   Impact on the US Dollar and Bond Yields Gold prices typically move inversely to the US dollar, and the latest developments have pushed the dollar to its weakest level since October 2024. Market participants are increasingly pricing in the possibility of a Fed rate cut, as the tariffs could weigh on economic growth.   Additionally, US Treasury yields have plummeted, reflecting growing recession fears. Lower bond yields reduce the opportunity cost of holding non-yielding assets like gold, making it a more attractive investment.         Technical Analysis: Key Levels to Watch Gold’s recent rally has pushed it into overbought territory, with the Relative Strength Index (RSI) above 70. This indicates a potential short-term pullback before the uptrend resumes. The immediate support level lies at $3,115, aligning with the Asian session low. A further decline could bring gold towards the $3,100 psychological level, which has previously acted as a strong support zone. Below this, the $3,076–$3,057 region represents a critical weekly support range where buyers may re-enter the market. In the event of a more significant correction, $3,000 stands as a major psychological floor.   On the upside, gold faces immediate resistance at $3,149. A break above this level could signal renewed bullish momentum, potentially leading to a retest of the record high at $3,167. If bullish momentum persists, the next target is the $3,200 psychological barrier, which could pave the way for further gains. Despite the recent pullback, the broader trend remains bullish, with dips likely to be viewed as buying opportunities.   Looking Ahead: Non-Farm Payrolls and Fed Policy Traders are closely monitoring Friday’s US non-farm payrolls (NFP) report, which could provide critical insights into the Federal Reserve’s next policy moves. A weaker-than-expected jobs report may strengthen expectations for an interest rate cut, further boosting gold prices.   Other key economic data releases, such as jobless claims and the ISM Services PMI, may also impact market sentiment in the short term. However, with rising geopolitical uncertainties, trade tensions, and a weakening US dollar, gold’s safe-haven appeal remains strong.   Conclusion: While short-term profit-taking may trigger minor corrections, gold’s long-term outlook remains bullish. As global trade tensions mount and the Federal Reserve leans toward a more accommodative stance, gold could see further gains in the months ahead.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock, nice buying at the 187.26 triple+ support area at https://stockconsultant.com/?AMZN
    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
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