Gold climbs again!
Good morning Traders,
Gold’s shining bright lately, hitting a four-week high as safe-haven demand heats up.
Meanwhile, crypto’s looking dicey - Bitcoin’s clinging to key support, and Ethereum’s sliding under $3,300.
In forex, the GBP’s taking hits like a rookie trader on a bad day, while the dollar keeps flexing like the king of the market.
It’s a mixed market out there - some assets are rallying hard, others are wobbling like overleveraged trades.
Whether you’re stacking positions or waiting for the next setup, one thing’s clear: it’s time to stay nimble - because there’s never a dull moment out here!
✨ Gold Shines Bright Again After Weekly Gain
Gold prices scaled a four-week peak on Friday and were set for their best week in seven, driven by safe-haven demand amid uncertainty over incoming US administration.
🐋 Bitcoin Whales Strike Again!
Since Bitcoin's December dump, whales have snapped up 34,000 BTC - worth a staggering $3.2 billion - at prices below $95,000, according to Blocktrends’ Cauê Oliveira. This surge in accumulation signals renewed confidence among institutional investors as sell-side liquidity shrinks.
📉 Bitcoin Speculators Panic at $92K!
Bitcoin’s spent output profit ratio (SOPR) has dipped below 1, signaling speculators are selling at a loss. But here’s the twist: historically, this kind of capitulation often marks the bottom and a prime opportunity for accumulation. With whales quietly adding 34,000 BTC, is it time to follow their lead?
❄️ Oil Prices Poised for Third Consecutive Weekly Gain As frigid temperatures grip parts of the U.S. and Europe, the oil market is heating up. Brent crude futures have climbed 0.5% to $77.32 a barrel, signaling a potential third straight week of gains driven by increased heating fuel demand.
🌍 Global Markets Retreat as Rate Cut and Tariff Concerns Weigh on Sentiment
Investor confidence takes a hit as fears over potential rate cuts and tariff implications lead to a global market downturn. Major indices are sliding, reflecting growing unease about the economic outlook.
⬇️ Stocks Decline, U.S. Yields Approach Eight-Month Highs Ahead of Employment Data
With the U.S. Treasury yields nearing levels unseen in eight months, stock markets are on edge. Investors are keenly awaiting upcoming employment data, which could influence future monetary policy decisions.
💵 Dollar Dominates: Sixth Week Running!
The U.S. dollar is riding high, with a 1% gain on the British pound and set for its longest weekly winning streak in over a year. Strong bond yields and upbeat jobs data are fueling the rally, while the pound flounders at 14-month lows. Even Bitcoin felt the heat, dropping 5.7% last week.
Palo Alto Networks (NASDAQ: PANW)
Palo Alto Networks (NASDAQ: PANW) is today’s star recommendation and I recommend a buy position at $173.42.
Why PANW?
This cybersecurity giant isn’t just protecting data - it’s breaking out of its consolidation zone with style.
The stock has strong fundamentals, and the charts are lighting up with bullish signals.
Volume is ticking higher, hinting that buyers are ready to push it to the next level.
🎯 Targets:
Buy at: $173.42
TP1: $177.70
TP2: $184.60
This one’s got the momentum and the story to make it a standout play.
Keep your eyes on it - it’s ready to move!
Think Trading Success Stories Are Fairy Tales? Here’s the Real Chapter One!
It’s easy to roll your eyes at trading success stories - they often sound too good to be true, like something out of a fairy tale.
But real success doesn’t come from magic; it comes from smart strategies and steady learning.
These newsletters strip away the hype and show you what it actually takes to win in the market.
They’re packed with practical advice and real insights to help you start your own success story.
Click here to turn the page and begin your journey toward real trading results.
Three Inside Down
The Three Inside Down pattern is a bearish reversal candlestick pattern that signals a potential downtrend after an uptrend.
It consists of three candles: a large bullish candle, a smaller inside candle, and a bearish candle that closes below the closing price of the second candle.
What to Look For:
- Three Candles: The pattern consists of three candles.
- Bullish Candle: The first candle is a large bullish candle, indicating an uptrend.
- Inside Candle: The second candle is a smaller candle that opens and closes within the range of the first bullish candle.
- Bearish Candle: The third candle is a bearish candle that closes below the closing price of the second candle.
Dreaming of $100k but haven’t cracked $1k yet?
Let’s be real - every great journey starts with one solid step, not a giant leap.
Here’s the thing: everyone’s experience and goals are different.
For some, the first $500 is a game-changer; for others, it’s $5k.
But one truth remains universal - setting reasonable goals and scaling up over time is the key to lasting success.
Picture this: your first $1k in your account.
Not just numbers on a screen, but real money you can feel, spend, or reinvest.
It’s not just a milestone - it’s proof you’re making progress.
Let me share a quick story: a trader once earned $1k profit on a funded account but didn’t withdraw it, thinking it wasn’t “big enough” to celebrate.
They kept chasing more, only to lose everything.
That missed opportunity taught them the value of appreciating every step of the journey.
The takeaway?
Start with goals that are realistic for you, celebrate those wins, and build from there.💪
That first $1k?
It’s not small - it’s the foundation of something much bigger.
With each step, your vision grows, and so does your potential.