The S&P is down 10%,...来自Haseeb Journey

17 Mar 2025, 15:39 · 阅读量 595

The S&P is down 10%, which usually happens only once a year. That's why there is a high chance that it will move back to the upside.

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I was thinking that gold might go down, but it keeps going up. I don't know what it's trying to do. What do you all think about gold's situation?

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Order ➖ SELL US100 🔵 Entry ➖ 21868 🔴 Stoploss ➖22108 🟢 TP ➖ 21459

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Gold should be sold because yesterday’s bearish engulfing candle has been half-covered. This makes it a potential selling point, especially since there is still plenty of time before the U.S. market opens, and no major news is expected. What do you all think? Share your thoughts in the comments!

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I have already shared my analysis: The market is expected to have more movement because there is a lot of economic data being released today, including EUR, GBP, CAD, and USD reports. Additionally, today is a volatile day, so the market might be unpredictable. For intraday traders, it is better to avoid taking too many trades in such conditions. After the market absorbs the volatility, trading conditions may stabilize. According to my analysis, the index is likely to move downward. This is my opinion—what do you think? Let me know your thoughts!

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If the resistance point for gold is forming at 2945, can I enter from the sell side here?

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