JP// Re: Your proposal and IF I don’t object… This is the most I will do for now…
I have always said/done everything with kindness, freedom, transparently and honestly…
You wanna make money then gold offers opportunities… I have posted Gold forecasts, if you like them then you may trade them at your leisure and at your own risk.
No offense meant to you or anyone for that matter.
My model has sounded the alarm and other targets have cropped up flashing for Gold since the past few days and I will post them in a few days time probably over the weekend however until then USD$$3000.40 should be okay.
Word of caution is that once at $$3000.40 then we need to check if momentum is sufficient to push it higher… that is until I post the updated levels.
Additionally, it does not mean that my posting updated levels nullifies 3000.40, as my levels become important when prices come closer towards them, irrespective whether in a few days of time or come back down towards it in market corrections further down the line.
Rebound yet to fill the opening week gap to 21600…required to reignite the upside… if not filled upside will be limited, leaving it consolidating unless 21076 is broken.
Through the previous week, we have seen increased volatility within the market with many eyes looking at NVDA historic loss. Many question as to whether or not DeepSeek brought the end of NVDA’s market dominance or if it will continue its bull run. Looking ahead to figure out which scenario will play out, for NVDA to continue its bull-run has to break past that previous lower high at $130.29, eventually to hopefully reclaim some of the gap left in the DeepSeek wake. If it fails to reclaim that lower high and push down to a lower low, I would then be watching the lower key levels at $100.95 and $90.69 as a resistance level.
On the 1 hour chart, we can see that we have a minor downward trendline adding confluence to the resistance zone. This should technically strengthen the resistance and give the sellers more conviction to step in there targeting new lows.
The buyers, on the other hand, will look for a break above the resistance and the trendline to position for a pullback into the 155.00 handle. The red lines define the average daily range for today.
A look at the day ahead in U.S. and global markets from Mike Dolan
As the week’s tariff rollercoaster levels out a bit, Wall Street stocks are tilting lower again – clouded by a poor reception for Alphabet (NASDAQ:GOOGL)’s results, lingering China tariff hike plans and fresh interest rate rise speculation in Japan.
U.S. stock futures were back in the red ahead of Wednesday’s bell as shares in megacap Alphabet plunged 7% overnight. The drop came amid doubts about the Google parent’s cloud computing business, much like Microsoft (NASDAQ:MSFT) last week, and anxiety about its huge investment in artificial intelligence – especially in the light of last week’s DeepSeek news.