Bought some GLD this morning because I couldn't think of any other play, and I'm watching the market drop and bond yields rise. Then I look at the dollar index and saw it dropping too. The Euros are selling off all US assets, that's why the drop happened between midnight and noon. The 2% "pump" wasn't really a pump, the dollar dropped 2% this morning. (Though there was a 0.5% actual pump before close.) Gold (in dollars) will break out if the dollar index drops below support (I posted a chart). I've been looking for a high confidence big trade, I'm going big on gold if the dollar loses support, and that can happen as early as tomorrow. Keep an eye on the dollar index, I'll be at work so I will not be posting my trade entry. Note that it's not really a breakout, if you look at gold futures in Swiss francs, it's not even near the top. Also, this trade does not apply to people trading in other currencies like Euros or yens. I think Trump ruined confidence in the dollar, the US market, and bonds. If that's the case, then gold is the way to go.
Despite aggressive downside on CRYPTOCAP:BTC , CRYPTOCAP:ETH is holding up structurally — price remains within the well-defined range, with a clear demand zone (highlighted in green). ? Key notes: — CRYPTOCAP:BTC ’s Monday high deviation + daily selloff is increasing market-wide risk. — However, if CRYPTOCAP:BTC holds above $74k or reclaims it fast, ETH might bounce from this demand zone. ? Trade plan: — Zone of interest: edge of range / 50% of demand (~$1433). — Entry only on confirmation (LTF trigger). — Target: highs near ~$1845 — confluence with supply zone. ⚠️ Caution: CRYPTOCAP:BTC remains weak — breakdown below $74k invalidates this idea. No blind longs — structure + trigger required. ? Isolated structure on CRYPTOCAP:ETH looks clean and technical — just needs macro confirmation.
Price move down as expected but not as what was expected. However, this move to new high is expected to be the last before a break lower. Watch for TLB or candlestick to signal the reversal and start to add shorts. Good luck.
I finally noticed today (haven't been doing my research) that the dollar has been dropping since January. Bond yields rising at the same time as the market dropping and the currency dropping can only mean that the Euros are dumping ALL American assets. Trump has basically ruined confidence in the dollar, there was a 2% drop today. I only noticed because gold popped up 2%, because I'm looking at gold futures in dollars. If the dollar breaks support, I'm buying gold (will post chart). Other alternatives are long on UDN, short on UUP, Euros, Yen or Swiss franc. You could even leverage with options if you want to make extra money.
Levels are set Price had swift breaks of yesterday's levels, but shows, it must react to them.
In the chart, we can see three Bermuda formations on the Ichimoku cloud. Each time, the price touched this zone (RED LINE) and reversed from the top, a bullish trend began again.
The H12 bearish OB has been broken and now acts as a bullish breaker — a shift toward a more bullish market structure. Currently forming equal highs just below the lower H12 swing high — potential liquidity trap setup. ? Potential setup: — Sweep above local highs → retrace into the H12 bullish breaker — Support near the range low ($10.7–12.0) could offer a long entry. — If we hold the H12 OB + breaker zone, the move toward the H12 FVGs (up to $18–19.5) stays valid. ⚠️ Key levels: — Support: $10.7–12.2 (bullish breaker + OB) — Resistance: $14.6–15.6 — Target: $18–19.5
Gold has continued its strong rally, hitting a new all-time high, with bullish sentiment running extremely hot. However, we must approach this rationally — every new high is usually followed by a technical pullback. Currently, the 3200 level is a significant psychological resistance, as well as a key threshold for short-term bullish momentum. From a technical perspective, the sharp recent rally has shown signs of momentum exhaustion, with clear overbought signals emerging. ? Strategy Suggestion: Consider building short positions around the 3188–3200 zone If 3137 is broken, further downside could extend to 3112–3090 ⚠️ Risk Management Notes: The larger the rally, the stronger the pullback potential Avoid chasing long positions at these levels to prevent getting trapped at the top Keep position sizes under control and set stop-losses to guard against sudden volatility Wishing everyone smooth trades and solid profits!
USDJPY is in a pronounced downtrend. We expect the price to move at least into the range of the lows from September 2024. Before entering a short trade, however, we recommend waiting for a small return to the entry area shown in order to optimize the RRR. It should also be noted that we are currently in a support zone that formed over the course of last year.
I believe that many friends have suffered varying degrees of losses in investment and trading this week, some in the gold market, some in cryptocurrencies, and foreign exchange! But what I want to talk about today are some special traders who have suffered heavy losses in the stock market! I have many friends and clients who have invested in the stock market. In the global stock market crash caused by tariffs this week, I talked to them about a problem. The whole world is plummeting, but the US dollar has not risen. Why does gold, as the first choice for safe havens, also have such a trend, and even achieve a double kill of long and short in one day! I want to talk to you about my thoughts: The market is not absolute, and there is no fixed pattern of ups and downs. Therefore, the judgment of the balance of ups and downs in the market is your magic weapon for winning. There is another word-desire! There is an Italian proverb: Let money be our loyal servant, otherwise, it will become a tyrannical master. Shorts and longs can make money, but greed cannot. Do you control desire or does desire control you? I hope this sentence will be a mutual encouragement between us. Self-knowledge! It is important for people to know themselves. The truth is applicable to any industry, including the financial circle. If you don't know yourself, you will make mistakes, and mistakes will make you sad. People need to breathe, and perfect trading is like breathing, which requires flexibility. You don't have to trade in every wave. The secret to profitable trading is to execute simple rules, repeat simple things, and strictly enforce them for a long time. Investment itself is not risky, but out-of-control investment is risky. Don't use your luck to challenge the market. Luck does exist, but don't expect it a second time if you encounter it once. Learn to stop loss. Stop loss is more important than stop profit, because at any time, capital preservation is the first priority, and profit is the second priority; the ultimate goal of stop loss is to preserve strength, improve capital utilization and efficiency, and avoid small mistakes from becoming big mistakes, or even lead to annihilation. Stop loss cannot avoid risks, but it can avoid greater unexpected risks, so stop loss skills are something that every investor should master. Stop loss is the lifeline of investment. Don't lose more than you gain because of small losses. Remember one sentence, when you really know how to control risks, you will turn losses into profits. Appendix: Gold Analysis As I expected, the price of gold rebounded and strengthened in this trading day under the continuous stop-loss pattern, and returned to the middle track and above the short-term moving average. The bulls' strength increased, and the moving averages turned into support again. The Bollinger Bands are also expected to open and extend upward, suggesting that the market will be optimistic about the future to strengthen again and refresh the historical high. Then the moving averages such as the middle track below will serve as bullish support, and the bullish operation will be carried out on dips. From a technical perspective, gold broke through the upper track of the Bollinger Band at the daily level, and the support of the 4-hour chart moved up to 3150, maintaining a strong pattern in the short term. However, we need to be alert to the technical overbought callback risk and should not blindly chase highs. In terms of operation, it is recommended to go long after falling back to around 3150 and stabilizing, and the target is the 3185-3200 resistance zone; if it rebounds to above 3190 and encounters resistance, it can be lightly shorted. Overall, the global monetary easing expectations and risk aversion still dominate the market, and the medium- and long-term upward trend of gold has not changed. In the 4-hour chart, 3130 is the key support. If it closes positive with support, it is expected to rise again. If it falls below, it may be adjusted sharply. However, the price is overbought and there is a need for a correction. It is expected that gold will remain strong, but be wary of a correction. Investment strategy: buy near 3155-3175, target 3200