[GVI Forex 2]

BTC Daily Chart – YAwn?

What caught my attention this past week is BTC did not follow the rebound in Gold.

As the daily chart shows, the range is compressing where 60,000 is likely to set its tone going forward.

[michael Calif]

agree Bobby – this is merely corrective rally off initial Wave 1 down. June Gold futures remain SHORT from the TOP above 2400, per Option Profile

[Belgrade Bobby]

Gold Daily

Resistance at 2380.00 , 2420.00 and previous High at 2430.00 ( more or less )

Supports at 2330.00 , 2315.00 & 2280.00

Daily is in the Buy mode again, but the Rejection at 2380 area doesn’t look good for further advances.

There is a lot of space that can open to the upper side, but Down side looks more and more attractive.

Right now is in No man’s land….

If stays below 2380, Pattern suggests at least a sizeable correction on the way to the downside.

[michael Calif]

Option Profile remains SHORT June Gold futures from the Apr 19 TOP; new sell point 2355

[GVI Forex 2]

XAUUSD 4 HOUR CHART –

I was not even looking at gold until I saw commodity currencies rallying and this chart tells it all.

The failure to establish below 2300 has seen a pop that faces a resistance at 2332, If broken then 2352 becomes the target.

On the downside, XAUUSD keeps a bid as long as it stays above 2323.

[michael Calif]

if it helps, Option Profile in Gold futures remains SELLER controlled from the TOP above 2400, possibly until mid-July

[Belgrade Bobby]

NVIDIA Daily

Goldman Sachs today raised its price target on Nvidia $NVDA to $1,100 up from $1,000 while maintaining its Buy rating

[michael Calif]

Option Profile originally went SHORT Gold futures above 2400, and remains so

[michael Calif]

….   Option Profile continues to flash short Gold futures, long Yen futures

[Ab hk]

Yen will bring gold to hell

[Ab hk]

Gold can’t blast on usd bad news, watch out

[GVI Forex 2]

A look at the day ahead in European and global markets from Kevin Buckland

The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates continues to be the elephant in the trading room for all asset classes, responsible not only for recent peaks in Treasury yields and the dollar, but also forming the backdrop for record runs and subsequent declines in the likes of gold and bitcoin.

Morning Bid: Fed day focus is on what Jay says

[michael Calif]

nearby Copper futures have now reached a top to the price runup from Feb 9 lows, per Option Profile analysis … similar in manner to the Gold and Silver tops earlier this month

[michael Calif]

Gold futures remain firmly seller controlled, per Option Profile, any price rallies a re a great short

[wfakhoury Amman]

GOLD
Now at 2323 again from 2338

[wfakhoury Amman]

GOLD

price now at 2323 for the 3rd time

[Ab hk]

I have a Gut feeling that gold will close monthly 2000 to 2100

[wfakhoury Amman]

April 24, 2024 at 8:09 am
wfakhoury Amman
GOLD
Time to sell
2303 has been confirmed and will be reached. then at 2281.
Any rise above 2328 will return to it.
Also, 2323 is a consolidation level.
____________________________
2323 still active as a consolidation level and will be reached from the 2317 area.

[wfakhoury Amman]

GOLD
Time to sell
2303 confirmed and will be reached. then at 2281.
any rise above 2328 will return to it.
also 2323 is a consolidation level.

[wfakhoury Amman]

April 23, 2024 at 1:57 pm

GOLD
Consolidation level 2328.00
Sell above it tp at it.
__________________________
5 times price hit 2328