Weekly Market Update: GOLD, CRUDE OIL & GER40, Mar 31st – April 6th, 2025
NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.
GOLD – SPOT: Buying On Retracement Lower & After Price Action Signal At Or Above $3000 Support Level
Comments: Price moved higher from the recent Multiple Inside Bar Pattern that had formed mid-last week (We did not consider trading this breakout, nor did we mention it).
Potential Trade Signal: We are looking to buy on a retracement lower and after a price action buy signal, at or just above the $3000 short-term support level.
To Trade This Market With Our Preferred Broker, CLICK HERE
CRUDE OIL – WTI: Selling On Retracement Higher & After Price Action Signal At Or Below $70.13 – $70.40 Resistance Area
Comments: The Bullish Inside Bar + Pin Bar (Combination Setup) that had formed late last week, didn’t trigger (We did not consider trading this setup, nor did we mention it).
Potential Trade Signal: We are looking to sell on a retracement higher and after a price action sell signal, at or just below the $70.13 – $70.40 short-term resistance area.
To Trade This Market With Our Preferred Broker, CLICK HERE
GER40 – CASH: Buying On Retracement Lower & After Price Action Signal At Or Above 22124 – 22323 Support Area
Comments: The Bullish Pin Bar Signal that had formed late last week failed (We did not consider trading this signal, nor did we mention it).
Potential Trade Signal: We are looking to buy on a retracement lower and after a price action buy signal, or just above the 22124 – 22323 short-term support area.
To Trade This Market With Our Preferred Broker, CLICK HERE
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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.
