Chart Patterns
DOLLAR INDEX DOLLAR index at exactly 12;30 gave us a clear sell which gave gold buyers the opportunty to go long from 3475 level to 3530 and extending its gain on daily
The US Dollar Index (DXY) is a financial index that measures the value of the United States dollar relative to a basket of six major foreign currencies. It is widely used to gauge the overall strength or weakness of the US dollar in global currency markets.
Key Facts About DXY:
The index is calculated as a weighted geometric average of the US dollar’s exchange rates with six major currencies:
Euro (EUR): 57.6% weight (the largest component)
Japanese Yen (JPY): 13.6% weight
British Pound (GBP): 11.9% weight
Canadian Dollar (CAD): 9.1% weight
Swedish Krona (SEK): 4.2% weight
Swiss Franc (CHF): 3.6% weight
The DXY rises when the US dollar strengthens against these currencies and falls when it weakens.
It was created in 1973 following the collapse of the Bretton Woods system to provide a standardized benchmark for the dollar's value.
The index is maintained and published by the Intercontinental Exchange (ICE).
Why DXY Matters:
The DXY is a key indicator for traders, economists, and investors to assess the dollar’s performance globally.
It affects pricing in global trade and commodities, which are often denominated in US dollars, such as oil and gold.
Movements in the DXY influence monetary policy decisions, financial markets, and global economic dynamics.
In essence, the DXY is the benchmark for measuring the US dollar’s strength against a basket of significant global currencies, providing a comprehensive picture of its international value.
UNITED STATE ECONOMIC DATA REPORT TODAY.
The latest US ISM Manufacturing PMI (Purchasing Managers' Index) is 48.7 for August 2025, slightly below the forecast of 49.0 but above the 48.0 previous A PMI below 50 indicates contraction in the manufacturing sector, so this points to a modest slowing but less severe than expected.
The ISM Manufacturing Prices Index stands at 63.7, down from 65.1 forecasted and marginally below the 64.8 previous data . This index measures prices paid by manufacturers for raw materials and inputs, and a reading above 50 signals rising input costs. The current elevated level suggests continued inflationary pressures on manufacturing costs, although slightly easing.
Summary:
US ISM Manufacturing PMI: 48.7 (contracting modestly, slightly better than forecast)
US ISM Manufacturing Prices: 63.7 (input costs rising, but showing some easing)
These indicators suggest the US manufacturing sector is experiencing a mild contraction, with inflationary cost pressures moderating somewhat but still elevated. This mixed data can influence Federal Reserve policymaking, signaling slower growth but persistent price pressures.
The COMEX gold price today, September 2, 2025, is trading near $3,550 to $3,567 per troy ounce. The gold futures recently surged, hitting new record highs above $3,550, supported by expectations of a Federal Reserve rate cut and ongoing geopolitical uncertainties. Gold has gained over 1% on the day, reflecting strong safe-haven demand amid dollar weakness and inflation concerns.
In summary:
COMEX Gold price around $3,550 - $3,567 per ounce (September 2, 2025)
Recent gains driven by Fed rate cut expectations and geopolitical risks
Price at record levels, reflecting strong investor interest
#dollar #dxy #gold #xauusd
GOLD XAUUSD GOLD ,As the Sydney market open and the asian join in the later trading session ,i expect them to sell gold ,the market is overextended and it will be nice to see a correction into areas of broken supply to act as demand floor .
i like 3504 -yesterday high retest ,but on 15 min chart i have 3525 and 3521 as 15min demand floor
the market is over bought ,its best to switch to lower time frame to scalp it.
trading is 100% probability technical analysis or strategy have definitive predictive power .we should apply proper risk to reward and manage risk at all time.
GOODLUCK
#GOLD #XAUUSD #DOLLAR #DXY
Ok, we hit a new high... But what's next for gold?Gold overcome the the psychological 3500 zone today, forming a new all-time high. At the time of the video analysis, we are seeing a slight correction lower. That said, the near-term outlook still remains positive. Let's dig in.
TVC:GOLD
MARKETSCOM:GOLD
Let us know what you think in the comments below.
Thank you.
75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Gold, Silver soar on rate cut hopes & Trump tariff rullingGold and silver are making headlines as both metals surge amid a mix of macroeconomic and technical factors. Gold is trading just below its all-time record, having recently touched $3,495 per ounce, while silver has soared to a 14-year high of above $40.50.
The main catalyst behind this rally is growing confidence that the Federal Reserve will cut interest rates soon, following dovish signals from Fed officials and signs of a softening US job market. With markets now pricing in a 90% chance of a rate cut, the US dollar has weakened, making non-yielding assets, such as gold and silver, more attractive. The recent US court ruling that deemed most of President Trump’s tariffs illegal has added further pressure on the dollar, while thin trading conditions due to a US bank holiday have amplified price moves.
Bullish signals for gold and silver are strong. Both metals are also benefiting from tight supply conditions and ongoing geopolitical uncertainty, which are driving investors toward safe-haven assets.
Gold is consolidating just below record highs, and technical analysis points to a potential breakout from a bullish symmetrical triangle pattern. If confirmed, this could propel gold toward new highs, with targets in the $3,550–$3,820 range.
Silver’s rally is supported by a classic pennant formation, with technical projections suggesting a move toward $42 is possible in the short term.
However, there are bearish risks to consider. If upcoming US employment data surprises to the upside or inflation remains stubbornly high, the Fed could delay or scale back rate cuts, which would strengthen the dollar and potentially cap further gains in gold and silver.
Additionally, both metals are trading near major resistance levels, and a failure to break out convincingly could trigger profit-taking or a technical pullback. For gold, support sits around $3,440, with the 50-day moving average at $3,350 providing a key floor. For silver, a drop below $39.55 could signal a short-term reversal.
While the setup favours further upside, especially if the Fed delivers on market expectations, traders should stay alert to key data releases and resistance levels that could shift the narrative in either direction.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NASDAQ at Record Highs after US CPI report, but can it last?In today’s video, we break down the major market moves triggered by the July US CPI report. Headline CPI rose 0.2% month-over-month—right in line with expectations and a slowdown from the previous month. Year-over-year, headline inflation came in at 2.7%, just under the 2.8% forecast, while Core CPI rose 0.3% MoM (matching forecasts) but was a bit hotter at 3.1% YoY (vs. 3.0% expected).
These “not as bad as feared” inflation numbers kept hopes alive for a September Fed rate cut, pushing the odds of a cut to 96%. Markets responded strongly: the NASDAQ 100 closed at a record high, just shy of the 24K handle, with broad gains in tech and communication stocks, as traders bet on a more dovish Fed.
We also cover the technical setup for the NASDAQ 100 and key risk factors heading into the second part of August.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Adobe - This triangle breaks now!🪄Adobe ( NASDAQ:ADBE ) just repeats patterns:
🔎Analysis summary:
Back in 2012 we witnessed a major triangle breakout on Adobe. The following bullrun ended in 2021 and Adobe has been consolidating ever since. But now, we are able to see a pattern repetition, with the same bullish triangle forming, which we saw about one decade ago.
📝Levels to watch:
$350, $500
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
GOLD THE US10U AND DXY on weekly support and the correction from friday core PCE sent gold buyers to the moon ,but an immediate supply roof at 3452-3453 presents a sell structure as aretest to a broken demand floor .if the selling continues ,then am looking to by the dips at 3416-3418-3425 .this level i will be holding buy on high probabilty.
pls manage your risk
trading is 100% probability and dont forget to watch the US10Y AND DXY BEFORE MAKING BUY SELL DESCISION.
GOODLUCK
SEE YOU AT THE TOP.
BYE.
Robinhood - This is still not the end!🏹Robinhood ( NASDAQ:HOOD ) is not done yet:
🔎Analysis summary:
After creating a quadruple bottom formation back in 2023, Robinhood managed to rally an incredible +1.400%. It seems to be obvious that Robinhood has to correct soon, but that's not how markets work. Momentum tends to continue for much longer so Robinhood will just rally more.
📝Levels to watch:
$150
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Third Quarter 2025 Nigerian share picks Update..26Percentage Up!Third Quarter Price Movement Analysis Report - 1st September 2025
1. Overview
The analysis highlights percentage changes for individual stocks, the average change, and the overall portfolio change assuming equal investment across all 10.
2. Individual Stock Performance
| Stock | Previous (₦) | Current (₦) | % Change |
| -------------- | ------------ | ----------- | ----------- |
| **ARADEL** | 514.5 | 512.2 | **−0.45%** |
| **BUACEMENT** | 100.0 | 151.8 | **+51.80%** |
| **DANGSUGAR** | 48.4 | 58.0 | **+19.83%** |
| **DANGCEM** | 440.0 | 520.2 | **+18.23%** |
| **ELLAHLAKES** | 7.1 | 13.45 | **+89.44%** |
| **ETRANZACT** | 7.25 | 10.85 | **+49.66%** |
| **HMCALL** | 4.2 | 4.28 | **+1.90%** |
| **MULTIVERSE** | 8.75 | 10.90 | **+24.57%** |
| **NB** | 59.0 | 70.20 | **+19.00%** |
| **TRANSPOWER** | 320.0 | 286.5 | **−10.47%** |
3. Top Gainers and Losers
Top Gainers:
ELLAHLAKES** (+89.44%) — Small-cap rally, nearly doubled in price.
BUACEMENT** (+51.80%) — Strong institutional demand.
ETRANZACT** (+49.66%) — Fintech sector showing renewed momentum.
Moderate Gainers:
DANGSUGAR (+19.83%), NB (+19.00%), MULTIVERSE (+24.57%), DANGCEM (+18.23%).
Flat/Minor Move:
HMCALL (+1.90%), ARADEL (−0.45%).
Top Loser:
TRANSPOWER (−10.47%) — noticeable decline, likely on profit-taking.
4. Averages vs Portfolio Performance
Average of individual % changes:** **+26.35%**
→ Indicates the “average stock” in the basket rose strongly, pulled higher by extreme gainers like Ellah Lakes and BUA Cement.
5. Key Insights
1. **Small caps drive volatility:** Ellah Lakes’ +89% jump skews the average, but has limited effect on overall portfolio returns due to low nominal price.
2. **Cement stocks strong:** Both Dangote Cement (+18%) and BUA Cement (+52%) reflect strong sector sentiment.
3. **Fintech momentum:** ETranzact’s +49% surge suggests renewed investor confidence in payment platforms.
4. **Blue chips steady:** Nigerian Breweries and Dangote Sugar both posted \~+20% gains, showing defensive strength.
5. **Weakness in Power sector:** Transcorp Power fell −10%, the only significant drag in the basket.
What is going on with BTC? Psychology of loss :(🚨 Bitcoin Price Update
We’re at a super interesting spot in the market right now ⚖️. BTC is giving us both bullish & bearish signals 📈📉. Bulls are pointing to institutional accumulation and macro tailwinds, while bears see warning signs in recent volatility and sharp pullbacks. In short → we’re preparing for all possibilities. Stay flexible, not biased! 🧠💡
🧩 The Psychology of Loss in Trading
Every trader faces losses—it’s part of the game 🎲. But how you perceive those losses will decide how far you go in your trading journey 🚀. Many traders go through 5 stages when losing money:
1️⃣ Denial – “This trade will bounce back, I’ll just wait…”
2️⃣ Anger – “Why me?! The market is rigged 😡”
3️⃣ Bargaining – “If I move my stop loss just a bit…” 🤔
4️⃣ Depression – “Maybe trading isn’t for me 😞”
5️⃣ Acceptance – “Okay, lesson learned. Let’s refine the plan 📑✅”
🎯 Key Takeaway
Losses should never be internalized as an ego hit. They’re not proof you’re a “bad trader”—they’re data points 🧮. Each loss is feedback you can use to:
Improve your risk management 🛡️
Refine your strategy 🔧
Understand market conditions better 🌍
Think of losses as tuition fees you pay to the market—painful, but they buy you growth 📚✨.
🔥 Final Thoughts
Bitcoin is in a decision zone ⚡—so stay sharp, manage risk, and remember: your progress depends not on avoiding losses, but on learning from them. 💎
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Futures | New Month Setup – ATH on Deck?Price has been bullish all week with no significant pullbacks. Now as we step into a new month, Gold is pressing toward the previous All Time High (green line).
Key Notes:
Market left behind a bullish H4 FVG that could serve as a retracement zone.
With Labor Day Monday (early close for NY), setups may be quieter until Tuesday.
My bias: looking for a possible pullback into the FVG before continuation higher into fresh ATHs.
Watching closely for price action around the previous ATH to confirm breakout or rejection.
DXYThe US Dollar Index (DXY) is a financial index that measures the value of the United States dollar relative to a basket of six major foreign currencies. It is widely used to gauge the overall strength or weakness of the US dollar in global currency markets.
DOLLAR index on weekly trendline ,the fed rate decision is expected for forward guidance .
#dxy
Gold Futures (MGC / GC) — Daily Outlook (Wed)Price just broke the previous ATH (3,578) and is in new price discovery. Momentum is bullish, but there are key imbalances below that could attract price before continuation.
🔍 Key Levels
ATH (3,578) → breakout level to watch
1H FVG (3,565–3,575) → short-term support zone
4H + 8H FVG stack (3,515–3,535) → deeper liquidity target
Immediate resistance → 3,610–3,620 zone
⚖️ Scenarios for Wednesday
1️⃣ Bullish Continuation (primary bias)
If ATH (3,578) holds → look for continuation into 3,610–3,620+
1H FVG may provide a bounce if tested
2️⃣ Deeper Pullback (secondary bias)
Failure to hold ATH → watch for a drop into 3,515–3,535 (4H/8H FVGs) before bullish continuation
✅ Trade Plan Idea
Continuation play:
Buy on ATH retest / 1H FVG bounce (3,575 zone) → target 3,610–3,620+
Deeper retrace play:
If ATH breaks clean → wait for price inside 3,515–3,535 zone → look for reversal confirmation long
📌 Notes
Momentum = bullish until proven otherwise
Don’t chase → wait for either ATH defense or clean retrace into imbalances
Manage risk → this is price discovery, expect volatility
📊 What’s your bias here? Do you see price holding ATH for continuation, or do you think we dip first into the deeper FVGs?
Day 21 — Trading Only S&P Futures | -$417 Tilted LossDay 21 — Trading Only S&P Futures | -$417 Tilted LosWelcome to Day 21 of Trading Only S&P Futures!
Today was a tough one — I turned a positive morning into a -417.18 loss.
I started the day green, up about +150, but made the mistake of assuming the market had already bottomed at 6384. When it broke lower to 6374, I got stopped out at the true bottom of the day.
Frustration set in, and I tilted. I put on a 10-contract short at the MOB, expecting a rejection, but the EOD MOC imbalance and strong news from Google pushed the market higher, blowing past my stop.
The lesson today? Don’t fight the market, and never size up when you’re on tilt.
📰 News Highlights
DOW ENDS DOWN 250 POINTS, VIX JUMPS AS STOCKS DROP TO KICK OFF SEPTEMBER
🔑 Key Levels for Tomorrow
Above 6465 = Flip Bullish
Below 6450 = Remain Bearish
Bond yields are rocking to the upsideToday, bond yields are hitting the wires and causing a slight market sell-off. Fear is kicking in and investors are becoming even more cautious, as economic cracks start to appear.
Let's dig in.
TVC:US10Y
TVC:US30Y
TVC:JP30Y
TVC:GB30Y
TVC:EU30Y
Let us know what you think in the comments below.
Thank you.
75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Cup & Handle Done, BTC Correction First Before Another High!The correction itself supported by the Rising Wedge pattern that has been break the support level. So, in the near term let it corrected, supposed to be $87,000-$92,000 areas before we see another record high in the medium term.
The trigger will be Fed starting the rate cut in 17 September 2025.
Caution :
Not recommended for trading purpose! It's too risky!
Better you use the spot for invest, not trading the futures market!
BTC probably will move along with US Stock Indices.. therefore they area getting supported when Fed confirmed the rate cut cycles!