NEAR has some strong fundamentals by focusing on AI and competing at a global level with DeepSeek, according to their latest post. Price action suggests that we could find some support here there are signs of some divergence however and dips should be bought upon confirmation of a ChofCh. The momentum is showing the divergence while the trend oscillators are suggesting continuation down. Let the chart build some confluence.
Hey there On 1HTF gold now looking for some pullback again Might be 2747-2750 touch and then we can see properly drop again Bcz today we have seems a lots of gold sell position candles Firstly touched 2747 and go upside instantly and then drop again 2773 and again touched 2730 So the support area was rejected and breaks downside of 2735 So now we can see next support area 2720-2715-2710-2700 Follow and like for more updates and analysis
The gold market is experiencing significant volatility, with prices undergoing a correction after approaching multi-month highs. Currently, XAU/USD is trading around $2,740, below the key resistance at $2,790, as recent declines reflect a mix of profit-taking, technical pressures, and macroeconomic factors. Recent selling has triggered a natural correction after prices neared significant resistance levels, while expectations for Federal Reserve rate cuts have been scaled back, strengthening the US Dollar and putting further pressure on gold prices. Algorithmic trading has also amplified the declines. Market sentiment has been impacted by comments from the US President regarding tariffs, which have boosted the dollar and reduced demand for gold as a safe haven. Additionally, weak PMI data from China in January has indicated economic contraction, fueling global risk sentiment and further weighing on gold. Despite the recent drop, gold previously benefited from a weaker dollar and geopolitical tensions, which pushed prices near record highs. However, trade concerns and the recent strengthening of the dollar have reversed this trend. Technically, gold finds provisional support around $2,730, although further bearish pressure could push it toward $2,700 or lower. The key resistance at $2,790 remains challenging to breach without positive macroeconomic momentum or a weaker dollar, while $2,730 acts as the first defensive level, followed by $2,700, which could serve as a stronger base. Traders should focus on upcoming events, including the Federal Reserve's rate decision on January 29, which will directly influence the dollar and, consequently, gold prices. A more hawkish stance could intensify pressure on gold. The European Central Bank’s decision on January 30 could also shift global sentiment, while US Q4 GDP data may play a role, as strong growth figures could further support the dollar and limit gold’s upside potential. Gold is currently in a correction phase, and while key resistance stands at $2,790, support near $2,730 remains crucial. If this support level breaks, gold could face additional downside pressure, though signs of a global economic slowdown or dovish signals from central banks could spark a recovery.
Analysts are targeting 180$ Average for NVIDA's price target. With the new 50 series GPUs being released and being sold out, NVIDIA still has room to grow despite all this growth. Seize the opportunity. The company is still fundamentally sound according to ZenRating and a1tradings stockbox. It is the top holding in hedge fund portfolios and in the S&P. This scare will turn around. It is inevitable.
1/27/25 :: VROCKSTAR :: NASDAQ:NVDA First time homie? bot ur bag. - don't mean to be be flippant on a day like today. we r all down. - deepseek changes nothing IMO, except pulls fwd demand - capex budgets will likely remain flat but not down - nvda will be sold out this year and next - and you sold your bag because... - because you freaked out. you started believing everyone that said "the ai bubble has burst" and "the dot com moment" tweets hit your nerves (been there in dot com) and "chinese temu for ai" was something you could understand. - for those of us who have owned the best assets in a bull mkt, you have to understand that emotions cut both ways. and while YES THIS EVENT DOES MATTER and was something that changed the equation (as should be obvious by now), not just "rates" or "china" affecting some 1-2% sell off in mkt. yes this is different, yes it's harder to trade - does it change the fundamental demand for NVDA chips? that's the debate. and right now the market is shooting first, as it always does, and can't be blamed. fear and greed dominate. it went from greed... now fear. - you buy fear. you sell greed. - so we took profits and trimmed last week. now we are packing the second home with nvda shares and 2027 calls ($80C's are my flavor strike on the leap today). - does it go lower? - V always says. only god knows. (and tbh, "G"od doesn't care.) so first and foremost, realize this is all fake and gey. it's just a game we play. and don't get too emotionally involved. not all days will be green days. we risk manage to take less losses here and live to see another day. - today sux. yes. maybe tmr sucks too. maybe the day after too. - but this is not the end of Nvda or AI, actually... it's the inflection moment. V
I’ve been following NVIDIA (NVDA) closely, and while I’m aware of the recent negative news, I believe the market’s reaction has been completely overblown. To me, this pullback has pushed NVDA into oversold territory—not because of technical indicators like RSI (which I’m not relying on), but because the price is now sitting at a strong demand level that historically has seen solid buying interest. In my opinion, the market has overpriced the impact of the news. NVIDIA’s fundamentals remain strong, and I don’t see anything here that fundamentally changes the long-term story of the company. This feels more like a short-term overreaction that’s created an opportunity to get in at a discount.
So this massive decline was a good starting point for a session. I wanted to see whether price actually continues this movement. However, within the first minutes I almost got a bullish setup, almost... almost. Then price just started ranging BEAUTIFULLY, I actually took two scalps today (you can see them on the chart) - that's this ranging strat I've been working on. Good day tho
We're coming out of a week in which the US dollar was the worst-performing major currency for a change. The reversal in the Dollar's fortunes came from softer Trump Administration talk on trade, higher US equities, and an expectation the Fed may still do more than less when it comes to rate cuts in 2025. Solid PMI data out of the Euro Zone and UK also helped to add to the demand for the Euro and Pound, which propped up other currencies as well. However, already into Monday, the market is back to worrying—this on the back of the news of the Trump tariffs on Colombia and a softer round of PMI data out of China. As far as Fed rate expectations go, Fed funds futures are currently pricing 42 basis points of Fed cuts through 2025. Key standouts on Monday's calendar ahead include German Ifo readings, Canada wholesale sales, the Chicago Fed National Activity Index, US new home sales, Dallas Fed manufacturing, an ECB Lagarde speech, and US building permits.
Playing earnings call on TSLA. Probably earnings will not be great. TSLA will probably gap down and we'll have to manage the position
GBPUSD is on a critical zone we are not yet sure as what will happen we just keep a close eye because it can break out or fail to break out