Gold flops!
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Happy Wednesday, traders!
We’re back with a fresh lineup, and this week’s updates are too good to miss.
Goldman just pushed its $3K gold target further back—what does this mean for 2025?
Bitcoin's recent surge to $100K lit a fire under Solana and SUI, but Tuesday's dip dragged altcoins down with it.
A potential rebound could spark another altcoin rally. Oh, and Meta Planet’s gutsy 10,000 BTC bet?
That’s a story you’ll want to follow.
You might also want to check what AI thinks crypto will do in 2025?
Might be interesting... Might make you rich... Might make you cry.
If you’ve been with us for a while, you know this is where insights turn into winning moves.
Let’s make this week count.
Dive in and stay ahead!
🔃 Gold Prices Steady at $2,650 as Investors Await FOMC Minutes
Gold prices are consolidating around the $2,650 mark, with investors exercising caution ahead of the Federal Reserve's meeting minutes release.
📉 Gold Dips Amid Rising U.S. Yields and Dollar Strength
Gold prices edged lower as robust U.S. economic data bolstered Treasury yields and strengthened the dollar. The inverse relationship between gold and the dollar, coupled with higher yields, has applied downward pressure on the precious metal.
🪙 Bitcoin Faces Downward Pressure Amid Shrinking Sell-Side Liquidity
Bitcoin's price may experience limited downward movement in the short term, as sell-offs on crypto exchanges are decreasing rapidly. Analysts note that the shrinking sell-side liquidity indicates a tightening supply, which could potentially support price stability or growth.
🔍 Bitcoin to Surge to $200,000 or Drop to $70,000?
Bitcoin's price trajectory remains uncertain, with analysts projecting a possible surge to $200,000 or a decline to $70,000. Anticipated crypto-friendly policies under President-elect Donald Trump and increased institutional investments could make a breakout more possible.
⬇️ Altcoins Suffer Double-Digit Losses Following Bitcoin's 5% DropThe cryptocurrency market has experienced a downturn, with altcoins recording double-digit losses after Bitcoin's 5% decline on Tuesday.
🔻 Asian Markets Slip Despite Strong U.S. Economic Data
Asian shares have declined, mirroring Wall Street's slump, despite robust U.S. economic data. Investors are grappling with concerns over potential interest rate adjustments by the Federal Reserve.
⏫ Oil Prices Rise Amid Tighter OPEC Supply and Positive U.S. Job Data
Oil prices have edged higher, driven by expectations of tighter supply from OPEC and its allies, along with positive U.S. economic data suggesting increased demand.
The market is in consolidation mode, so there are no new stock alerts for now.
When the market moves sideways like this, it’s a good time to exercise patience and wait for stronger signals before jumping in.
Remember, trading isn’t about always being in the market.
It’s about being in the right trades at the right time.
I’ll keep monitoring the setups and update you as soon as opportunities arise.
Let’s stay sharp and ready for the next move!
Charts Giving You Cross-Eyed Confusion? Let’s Clear It Up!
Staring at trading charts and indicators can feel like deciphering a secret code.
Lines everywhere, technical terms flying around, and your brain doing somersaults.
It’s enough to make anyone feel overwhelmed. But trading doesn’t have to be a confusing mess.
These newsletters break down the jargon and simplify the process, giving you clear steps to understand and use charts without the headaches.
Click here to trade with confidence and leave the cross-eyed confusion behind.
Three Inside Up
The Three Inside Up pattern is a bullish reversal candlestick pattern that signals a potential uptrend after a downtrend.
It consists of three candles: a large bearish candle, a smaller inside candle, and a bullish candle that closes above the closing price of the second candle.
What to Look For:
- Three Candles: The pattern consists of three candles.
- Bearish Candle: The first candle is a large bearish candle, indicating a downtrend.
- Inside Candle: The second candle is a smaller candle that opens and closes within the range of the first bearish candle.
- Bullish Candle: The third candle is a bullish candle that closes above the closing price of the second candle.
Steve Cohen - The Poker Player Who Conquered Wall Street
What does it take to turn a poker prodigy into a billionaire investor? Steve Cohen’s journey offers some incredible insights.
Growing up in a large, middle-class family in Long Island, Cohen’s early exposure to wealth came from his grandparents, igniting a hunger for success.
But it wasn’t handed to him - he had to hustle.
From high-stakes poker games in his teens to trading options in his first job at a no-frills brokerage, Cohen built his fortune on calculated risks and an almost eerie intuition.
It wasn’t luck - it was discipline.
Even during the chaos of the 1987 Black Monday crash, Cohen stayed focused, managing losses and recognizing opportunities where others panicked.
His biggest lesson?
Master your emotions.
Cohen never let his trades control him.
Whether it was poker or stocks, he knew when to fold.
His strategy was clear: stay detached, manage risk, and move fast when the odds shifted.
The takeaway for traders?
Confidence, discipline, and the ability to keep a cool head in the heat of the market are your most valuable tools.
Like Cohen, train yourself to think like a strategist, not a gambler.
