A1 TRADING | Forex & Futures
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Explore free trade ideas on forex, indices, gold, & more.

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Do you think gold keeps moving higher?๐Ÿ“ˆ
Check out all the bullish data pointing it that way๐Ÿ“Š

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EURUSD Daily Chart -

Price seems to be pulling back a bit currently, but remains in an uptrend. I am looking for possible pullbacks, with confirmation from the EdgeFinder.

USD weakness could continue, as we've seen a trend towards slowing economic data and cooling inflation.
technical issues ๐Ÿ˜ฎโ€๐Ÿ’จ
EdgeFinder setups currently
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Should we buy NVDA before earnings?
Anonymous Poll
72%
Yes, To The Moon
28%
No, Weโ€™re Past The Rally
NVDA Daily Chart:

Nvidia is reminding us all today why it is still king of the AI rally.

In their earnings report yesterday, they saw a significant beat in both revenue & net income share price.

Share price continues to drive higher this morning!
NASDAQ, Daily Chart:

With cooling inflation, the market continues to look forward to rate cuts this year. Boosted by strong tech earnings (especially NVDA), the market looks short term a bit overbought, but longer term quite bullish at the time being.

I am looking for possible pullback entries to add longs.

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Took profits on my Gold trade on Wednesday!

The fundamentals remain strong on Gold. I am currently still looking for setups.

Get live updates on my gold trade in the VIP discord! Today is the last chance to get 40% off with code TGVIP

- Nick
Gold
Gold us up today as consumer confidence is on the rise. Price is still above a rising trend line, but it may have entered a period of consolidation in the short run. The metal is now the most longed asset on the EdgeFinder as price slowly creeps higher in the last few trading days. Gold bulls would likely want to see a lower GDP number in the US.

- Frank (Im back!)
EUR/USD
EU is now a strong bullish score on the EdgeFinder at +13. Price is now at resistance level which is a double top. A higher GDP number may be bullish for the pair because EURUSD tends to be more correlated with the US indices. If price is able to break the double top on the 1D timeframe, it may be able to test a higher level around 1.0942. -Frank
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