Beyond The Plan Your Trade Videos - Trading Algos/ConfirmationMany of you follow my morning Plan Your Trade videos - and I thank you for your loyalty and dedication.
The Plan Your Trade videos are specifically deigned to highlight my SPY/GOLD Cycle Patterns and, over the course of the past 9+ months, I've started trying to teach all of you Fibonacci Price Theory and the concept of the Excess Phase Peak pattern (and Cradle Pattern).
My goal is to teach you to learn to understand price structures, setups, and actions as a way to try to advance your technical analysis/trading skills.
There are so many others out there trying to teach you to use indicators and other types of analysis to try to identify trading opportunities/setups. Some work, some don't.
Technical analysis using Indicators, Elliot Wave, or other forms of predictive analysis/AI are only about 50-75% accurate at best (IMO). Nothing is 100% perfect.
After 35+ years of trying to unlock the secrets of price action to devise a 100% accurate trading system, the closest I have come is a system that generates about 65-75% accuracy - but still manages to take some losses.
I do believe I can find that 100% accurate system (hopefully before I die). But the reality is it is almost impossible to accurately predict price movement 10-20+ days in advance with any degree of accuracy.
Over the past few weeks/months, we've seen the SPY/QQQ move through various stages/phases.
Over the past 4+ weeks I've been warning of the broad-consolidation phase that is currently setup on the SPY/QQQ. I believe this huge consolidation range is very dangerous for traders and that extreme volatility will create lots of risk/opportunities for those capable of trading within this range.
But, at the same time, failing to take advantage of tools to help traders hedge, daytrade, or otherwise balance allocation/risk levels is something I really don't talk about much.
I like to say "I do the research - you make all the trading decisions".
This video highlights some of my advanced algos and how I use them, in conjunction with the EPP and other patterns, to try to gauge market opportunities vs. risks.
Trust me. I've learned not to GO BIG on trades over the past 20+ years because I've blown up a few accounts trying to get greedy.
Right now, I focus on trying to be on the right side of trends (if possible) and to balance my portfolio in 10-20% increments.
For example, if I believe GOLD is going to move higher, I may start out with a 5-10% allocation into GLD or UGL (start small). If that trade works and Gold starts to make a move higher, I may try to add a bit more to that initial trade. If it doesn't work out, I may try to add a little bit more at a better entry price level - but I focus on not letting that trade occupy more than 15-20% of my total portfolio.
That way, if I take a loss on the trade, it is a small loss compared to the overall account capital.
If I take a 50% loss on a 20% allocation - that is only a 10% loss on the TOTAL ACCOUNT SIZE.
Get it?
So, the reason for this video is to show you how you can still use technical strategies/indicators to try to confirm you intraday trading and swing trading opportunities. I like to use the SuperTrend strategy on charts to identify general trending.
I'm urging you to consider my Plan Your Trade videos as "one component" of your skillset. You need to use your own skills/techniques/analysis to try to manage risks vs. opportunities as you continue to trade.
I highlight some of my algos because they become another "component" of my analysis when I'm trading. If I don't see broad market capitulation related to Daily trending - then I try to stay VERY CAUTIOUS. If I do see some capitulation within my algos suggesting the markets are starting to trend upward or downward, then I may try to take advantage of that opportunity.
Ideally, the process of trading is to use everything you like and can rely on to help confirm you decision-making. Then, fall back to a efficient trade allocation process that attempts to limit your risk level.
The biggest mistake I see people make is to go ALL IN or TOO HEAVY into a trade thinking they can't lose. Yes, you can lose. So can I.
That's why it is important to contain risks and protect capital at all times.
I'll try to create another video showing you how I use the SuperTrend indicator to help confirm some of my intraday analysis for trades.
Get Some.
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Metals
Silver is Again in the Bullish directionHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
SPY/QQQ Plan Your Trade For 5-8 : EPP & Cradle Pattern UpdateThis video highlights why I continue to stay very cautious of this upward price move in the US markets.
It also highlights that the current trend is BULLISH - not BEARISH. When I post the videos in the morning, I've been selecting BEARISH as the general trend because I believe the markets are going to roll over into a breakdown phase. Until that happens, though, the markets are in a BULLISH price trend - attempting to possibly break above the current Ultimate High.
This is more of an instructional video - trying to show you why I continue to urge caution related to trends and why I belive we may have many months to go before the US markets really start to make a bigger "exit trend" type of move (exiting this broad consolidation range).
The other thing this video should teach you is how to identify EPP and Cradle patterns more efficiently and how to use them.
Ultimately, everything I share with all of you is designed to help you understand price as the ultimate indicator.
If you can grasp these concepts and understand how each phase of price structure presents opportunities, then you should be able to time and execute your trades very efficiently.
As I've stated in the videos, because of family medical issues over the past 60+ days, I've moved away from daytrading and gone back to a 2-5+ week swing trading style.
Simply put, I'm driving all over the place taking care of my family, seeing doctors, and other stuff - so I can't stare at my PC/Phone while the markets are open.
I'm also taking very low risk trades. If I decide to get into a trade, I'm usually avoiding the SPY/QQQ and selecting some SPDR sector (or other ETF) that allows me to play the move I expect without risking a fortune doing it.
Anyway, I hope you enjoy this video. I'll probably create one more after this video posts.
Get some.
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GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Once again another smashing day on the charts today. After sharing updates and completing targets on our 1h chart idea; please now see update on our 4H chart idea, which is also playing out as analysed.
We started with our Bullish target hit at 3282, followed with ema5 cross and lock opening 3343, which was hit perfectly. We then got ema5 cross and lock above 3342 opening 3404, also got completed. The cross and lock confirmation gave plenty of time to get in for the action.
No further cross and lock with ema5 above 3404 confirmed the perfect rejection, which we are seeing now, with price testing the lower Goldturns for support.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3282 - DONE
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404 - DONE
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3224
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE FOLLOWING RETRACEMENT RANGE
3190
3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SWING RANGE
SWING RANGE
3088 - 3046
EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3015 - 2988
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold XAUUSD Possible Move 📊 SMC Analysis + Trade Signal
Market Structure Overview:
Accumulation: led to strong bullish rally from 3330 to 3435.
Distribution: Multiple liquidity sweeps between 3365-3394
Breakdown: Clean BoS confirms bearish shift from distribution.
Current Action: Liquidity grab at bottom 3320/30 likely a retracement.
🔔 Trade Signal: SHORT
Entry: 3,360 – 3,370 (pullback to supply zone)
Stop Loss: Above 3,380 (last swing high)
Take Profit:
TP1: 3,340
TP2: 3,320
Bias: Bearish
Reason: Distribution + BoS + Pullback to premium
Show your support by hitting follow, support, and boost.
Pay attention to 3360 and go short if it does not break🗞News side:
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
At present, gold has fallen below the trend line support. In the short term, we should focus on the battle for 3360. This point is not only the previous support-to-resistance level, but also the key signal for judging the trend reversal. If it cannot hold on to this position, the short trend will continue; if it recovers effectively, it may return to above 3400. Before losing the defensive line (the last starting and falling point) 3360-3362, the bears will still have the upper hand. It just so happens that the 4H lifeline is also in the 3360-3362 area. If the suppression is successful, the price will enter the 3362-3284 area from the lifeline to the lower track.
The rebound layout of the US market operation is short-selling, with the target at 3340-3330, and further support at 3310-3300.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
XAU/USD: Bullish Momentum Builds Near Breakout Zone, Key SupportGold (XAU/USD) is gaining strength after rebounding from trendline support, forming a sharp impulsive move and now hovering near a potential breakout zone. Momentum remains bullish, as the price reclaims previous highs and eyes the upper resistance boundary around 3,495.000.
The structure favors trend continuation as long as price remains above the key support zone at 3,345.000, where trendline and previous day’s high converge. A sustained move above 3,400 could confirm a breakout, but the risk of a false breakout remains.
Currently, the price is consolidating above a critical intersection of trendline and horizontal support near 3,300. This level must hold for bulls to retain control. A bounce from this zone would support a move toward the upper resistance, with the next target at 3,495.000. However, a break below 3,345.000 may invalidate the setup and lead to deeper correction
XAUUSD: 8/5 Today’s Market Analysis and StrategyGold technical analysis
4-hour chart resistance level 3410, support level 3310
1-hour chart resistance level 3380, support level 3310
30-minute chart resistance level 3350, support level 3320.
Trump said that he would hold a "large press conference" at 10 a.m. Eastern Time tomorrow, and may sign a trade agreement with the UK. Therefore, the news affected the gold price.
Russia implemented a ceasefire from 0:00 on May 8 to 0:00 on May 11 local time. The temporary ceasefire between Russia and Ukraine and the repeated situation in the Middle East may support the gold price in stages due to the risk aversion demand.
Recently, affected by the news, the daily operation range of gold is very large. Today, we will first look at the 3320-3360 range of fluctuations in the short term. If it breaks through, follow the trend and strictly stop loss!
Buy: 3323 SL: 3318
Sell: 3355 SL: 3360
More free analysis daily sharing
GOLD The Target Is UP! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 3358.8 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 3377.5
Safe Stop Loss - 3352.1
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Our NFP KOG Report worked pretty well apart from it being a Friday and us closing out positions for the weekend only for the move to complete on Monday. For this FOMC we’ll share the levels and potential reaction points on the red boxes as well as the red box target levels. Due to the range, it’s best to wait for the break and also for them to move the price to where they want, then hunt the trade once price has settled.
We have the immediate support level below 3360-55 which if held can push this upside to break the recent high and that 3480-90 level again. Break of that level we have red box region 3330-20 which is where we could get a RIP but that will give us the flip with potential for the order region 3350-55 to turn into resistance unless broken. For that reason, a down move for now could only give scalps for decent captures on tap and bounces.
3320 is the line in the sand, if broken below we’ll get the long from the 3290-95 region which will come next week.
Note, these days it’s only Trump that manages to move the markets aggressively, so this FOMC is most likely already priced in. Not worth attempting the immediate levels so we’ll rather wait for the extreme levels.
RED BOXES INDI LEVELS:
Break above 3395 for 3406, 3410, 3420, 3430 and 3435 in extension of the move
Break below 3375 for 3370, 3366, 3356, 3351 and 3345 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
SPY/QQQ Plan Your Trade For 5-8 : Carryover PatternToday's Pattern is a Carryover pattern in Carryover mode.
After yesterday's FOMC news (unchanged), the markets are seeking a bit of direction. Bitcoin rallied and INVALIDATED a EPP Flagging pattern. In my opinion this suggests the SPY/QQQ may attempt to move a bit higher after the Fed decision.
Although, I still believe the global markets are reacting to uncertainty and tariff news within a very broad consolidation range. So, I'm cautious of trying to go ALL-IN on any long trades at the moment.
Until we break clear of the consolidation range, price could break strongly to the downside on news or geopolitical content. In reality, any type of big news could prompt a downward price move within an uptrend or a consolidation range.
It just seems as though the current global market environment is fraught with uncertainty - so I continue to stay cautious.
Gold and Silver pulled downward overnight. But I still believe metals will continue to rally - attempting to hedge against global risks.
With Bitcoin rallying a bit higher (still in consolidation) - let's see how the next few days play out.
I would be surprised if BTCUSD and the SPY rallied to new highs before the end of May. VERY SURPRISED given the status of the global markets.
But, the markets can stay completely irrational much longer than I can try to fight them. So we have to move WITH the markets - not against them.
Get some.
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XAGUSD Multi-year Channel Up targeting $40 at least.Silver (XAGUSD) had a strong rebound on its April 07 2025 Low and that maintains the long-term bullish trend as not only did it kept clear of the 1W MA100 (green trend-line) but also rebounded on the long-term 1W RSI Support Zone.
This kept the 2.5-year Channel Up intact and the current structure looks very similar to late 2023 - early 2024 before the Resistance break-out. The Bullish Leg of this Channel Up have so far been identical (+48.93%) so if we repeat that, we can expect Silver to reach $42. We have a more modest Target at $40, which falls exactly at the top of the Channel Up.
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XAUUSD - Gold trend after FOMC!Gold is trading above EMA200 and EMA50 on the 4-hour timeframe and is trading in its descending channel. A downward correction in gold will lead to buying opportunities from demand zone.
Barclays Bank has issued a warning that the likelihood of an economic recession in the United States is increasing. According to the bank, ongoing uncertainty in U.S. trade negotiations has weakened business confidence and reduced investment activity, which could potentially steer the economy toward contraction.
In a note to its clients, Barclays stated: “The longer this uncertainty drags on without tangible progress in negotiations, the greater the risk of a recession becomes.” While the bank still considers a mild recession to be the most likely scenario, it emphasized that this outcome could be avoided if trade tensions ease.
Barclays also pointed to challenges facing the U.S. stock market, warning that further gains in equity prices will be difficult. The bank cited downgraded corporate earnings forecasts and President Trump’s unpredictable policy decisions as major obstacles to continued market growth.
Meanwhile, investment bank Goldman Sachs reaffirmed its bullish stance on gold, forecasting that the price per ounce could reach $3,700 by the end of 2025 and rise to $4,000 by mid-2026. In the event of a U.S. recession, increased capital inflows into exchange-traded funds (ETFs) could push gold as high as $3,880. Additionally, in risk-heavy scenarios—such as shifts in U.S. reserve policy or concerns about the Federal Reserve’s independence—gold could surge to $4,500 by year-end 2025.
Analysts at CPM Group noted in their assessment that the U.S. government has recently pulled back from some of its tariff threats while also facing legal resistance and declining public support. They added that the release of weaker-than-expected economic data in recent days has raised speculation that the White House may backtrack on some of its more costly economic and political initiatives.
Nevertheless, the firm cautioned that this reduction in perceived risk is likely temporary. “The recent price drop may prove short-lived, as it seems unlikely the government will completely abandon its plans. Rather, those policies may be restructured and pursued with a new approach. As such, the latest dip in gold prices—or any near-term decline—could present a strategic buying opportunity,” they said.
CPM Group bases this outlook on the assumption that the geopolitical and economic forces that have supported gold and silver demand in recent months remain largely intact. Although some recent signals point to easing tensions, there are also indications that conditions could become more volatile later this year.
Finally, the analysts added a seasonal perspective, stating: “We expect gold prices to peak between March and May, followed by a corrective phase through August—a pattern that could pave the way for new highs later in the year. Therefore, another rally in May is plausible, and purchasing during pullbacks—or even at current levels—could be a rational decision in the very short term.”
Gold prices are plummeting, is a bear market coming?🗞News side:
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
Today, gold surged to the 3410 line and then ushered in a sharp fall, with the lowest touching near the 3322 line. We also seized the opportunity to notify our VIPs to enter the market, and all VIP members made good gains. At present, gold is still following the news, and the fundamental influencing factors are relatively complicated. Retail investors who trade alone can easily get caught up in the recent gold fluctuations. The gold price fluctuated repeatedly around 3340. The European session focused on the conversion suppression of the 3350-3360 support area. The 4H Bollinger Bands showed a closing shape. If the gold price cannot stand above 3350, then the bulls need to be repaired in the short term before they can continue to rise. The European session focused on the 3350-3360 resistance above and the 3310-3300 support below.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
GOLD BEST PLACE TO BUY FROM|LONG
GOLD SIGNAL
Trade Direction: long
Entry Level: 3,341.45
Target Level: 3,414.79
Stop Loss: 3,292.55
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Weekly Forecasts UPDATES! ALL Markets Analyzed! Stocks & FOREXIn this Weekly Forecast UPDATE, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Metals futures, and the FOREX Majors for Thursday, May 8th.
The targets set in last weekend's forecasts are still in play! Trade accordingly.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOLD OUTLOOK: US–UK Trade Deal in Focus as Tariff Tensions Ease GOLD OUTLOOK: US–UK Trade Deal in Focus as Tariff Tensions Ease — Is War Risk Losing Grip?
The spotlight has shifted.
As geopolitical tensions between India and Pakistan continue to simmer, gold has surprisingly failed to respond with the expected safe-haven spike. Instead, the market’s attention has turned sharply toward global trade negotiations — particularly the latest developments between the United States and the United Kingdom.
🌐 Global Trade Truce: Why It Matters
Recent headlines confirm the UK is one of the first nations to sign a new trade and tariff agreement with the US — easing pressure from global tariff wars and restoring market confidence.
➡️ Result?
The US Dollar (DXY) has staged a meaningful recovery, limiting gold’s upside and reducing short-term bullish sentiment.
While the war narrative is still present, it's the economic diplomacy that’s dominating headlines and price action this week.
📉 Market Reaction: Mixed Signals & Wild Volatility
Recent gold movements have been erratic — sweeping liquidity zones of nearly $100 per ounce in single sessions. This type of behavior reflects deep uncertainty and makes short-term directional trading highly risky.
For now, the priority should be on key H2–H4 zones, with reduced exposure to scalp trades until structure stabilizes.
🔍 Key Levels to Watch (H4 Anchored)
🔻 SELL SCALP
Entry: 3,364 – 3,366
SL: 3,370
TPs: 3,360 → 3,356 → 3,352 → 3,348 → 3,344 → 3,340 → 3,330
🔻 SELL ZONE (Breakout Rejection Area)
Entry: 3,380 – 3,382
SL: 3,386
TPs: 3,376 → 3,372 → 3,368 → 3,364 → 3,360 → 3,350
🟢 BUY ZONE (Mid-Term Support)
Entry: 3,322 – 3,320
SL: 3,316
TPs: 3,326 → 3,330 → 3,334 → 3,340
📌 Strategy Notes:
The European session open has triggered bearish candles — be cautious on BUY setups during London hours.
If you’re holding long positions from earlier this week, consider scaling out around the 3,355 zone.
Keep an eye on upcoming comments from Donald Trump, especially around the new trade framework. These could trigger short-term volatility spikes or broader trend shifts.
🧠 Final Thoughts:
Gold is no longer driven solely by geopolitical unrest — macro narratives are back in control.
With tariff tensions easing and stronger-than-expected USD recovery, traders need to remain flexible, disciplined, and reactive — not predictive.
✅ Focus on clear levels.
✅ Trade with confirmation.
✅ Avoid emotional scalps during uncertainty.
📣 Follow this page for real-time zone updates and structured market reads. Let’s finish this week strong.
DeGRAM | GOLD has reached the channel boundary📊 Technical Analysis
● Chart shows a bullish breakout from the falling wedge into a rising channel. Support near $3,300 held firm, and price is now above the $3,360 pivot, eyeing the $3,430–$3,500 resistance zone. Oscillators on daily chart remain positive, reinforcing the upward bias.
💡 Fundamental Analysis
● Global uncertainty is fueling safe-haven demand: tensions in Ukraine, the Middle East and renewed US-China trade fears are supporting gold.
● A softer US dollar and policy uncertainty also boost bullion; analysts note continued demand keeping prices elevated above $3,000.
● Bank of America highlights that US trade-policy uncertainty will “lend support” to gold prices.
✨ Summary
Upside momentum remains strong, with key support around $3,300–$3,360. Gold’s long bias points toward ~$3,500 in the short term, underpinned by geopolitical risks and a weak dollar.
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Silver Slips as Fed Holds RatesSilver rose more than 1% to approach the $33 mark on Thursday, supported by renewed interest on precious metals with ongoing trade and economic uncertainty. The Federal Reserve left interest rates unchanged, with Chair Powell citing heightened risks while dismissing the need for early rate cuts. Sentiment was also influenced by President Trump’s announcement of an imminent trade deal, reportedly with the UK, and his firm stance on maintaining tariffs against China ahead of upcoming negotiations.
Technically, resistance is seen at $33.80, followed by $34.20 and $34.85, while support levels are noted at $32.00, $31.40, and $30.20.