Stock Sage

A technical look at Gold Street Monday Gold is in a medium-term downtrend within a descending channel since the October 17 ATH of 4,379, with prices correcting 11% so far but holding above the yearly uptrend median. The recent rebound from 4,051 (first bearish target) has stalled near the channel’s upper boundary, forming an Evening Doji Star reversal pattern at 4,255, signaling bearish pressure. RSI (14) at 48 indicates neutral momentum neither overbought nor oversold—suggesting room for a bounce if support holds, but divergence from price lows hints at weakening bullish conviction. I’d say technicals suggest a sell the rally environment until 4,130 clears. Happy Trading day.

BREAKING: Dated Brent crude oil prices have surged to $141/barrel, the highest since the 2008 Financial Crisis.

Gold is above $4,700. Since bottoming on March 23rd (my birthday), gold has rallied close to 15% in just over one week, finishing the quarter up about 7%. Despite today's rise, March was the worst month for gold since 2008. As a result, April may be gold's best month since 1980.

@WhiteHouse @grok how will this news affect us indices and Gold trading Tuesday NY session

“All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you…” - President Donald J. Trump

Iran is referring to the US's 15-point ceasefire proposal (delivered via Pakistan mediators), which calls for: - Full dismantling of Iran's nuclear sites (Natanz, Fordow, Isfahan) + no enrichment + handover of enriched uranium to IAEA. - Limits on ballistic missiles. - End support for regional proxies. - Reopen Strait of Hormuz for shipping. In exchange: sanctions relief + US aid for civilian nuclear power. Iran (via Fars/Press TV) calls it "maximalist/unreasonable/illogical" as it demands capitulation after US-Israel strikes, insisting instead on its own 5-point counter: reparations, no more attacks on officials, guarantees against future wars, end hostilities, & Iranian sovereignty over Hormuz. Iran says it'll end the war on its timeline. (Sources: Al Jazeera, NYT, AP, WSJ reporting.)

@MarioNawfal @KobeissiLetter Dump afternoon waiting

🇺🇸 S&P 500 futures bounced back, erasing its recent losses and turning green. At least the market thinks there's something to be positive about. Source: @KobeissiLetter

@TedPillows Lovely

$510,000,000,000 has been wiped out from the US stock market today. The dump continues..

@TedPillows Why do I see a red bath at close of business today

Over $630,000,000,000 has been added to the US stock market today.

We are headed for a full-blown financial crisis. February import prices spiked 1.3% while export prices surged 1.5%, annualizing to inflation rates of 16.8%–19.6%. That's before oil rose 50%. Unless the Fed raises rates several hundred basis points now, inflation will skyrocket.

@thissdax Too much talk Dax let’s short Gold

You’ll join every Telegram channel you see. Hop from one YouTube strategy to another. Copy settings, timeframes, even entries… And still lose. Not because the strategy is bad. But because you’re borrowing something that was built on someone else’s screen time. Their wins came from their losses. Their confidence came from hours you didn’t sit through. You can’t shortcut that part. At some point, you have to stop jumping around and sit down long enough to build your own eye for the market. That’s where it finally starts clicking. GM🖤

🚨🇺🇸🇮🇷 IRAN REJECTS CEASEFIRE, WON'T NEGOTIATE WITH PARTY THAT VIOLATED COVENANTS - FARS, CITING SOURCE

@KobeissiLetter Ok let’s wait for that SHORT entry

BREAKING: Iran has rejected US ceasefire talks and says US talks are “illogical.”

@jimcramer Send it lower

I am reading endless stories about oil shocks and then i am listening to the president talk about "talks." I guess the "street" believes what the president says is bogus. We are hearing endless talk of worldwide slowdown... You need oil to go higher to have that.

Interesting.

Jeez, bears scrambling, are they cornered??

@jimcramer One more deep

Very oversold...

More accounts will be wiped down the drain—never trade against the underlying bias

@astucefx And better yet no one expects the incoming 2800

i dont think anyone expected gold to reach $4600 this month

@Germanburger4 After today’s, NY session mega dump—bulls will be positioning for the weekend

@GeniusSerie You think it will shoot up ?

Gold is down more than 4% intraday—looking for a life changing buy opportunity targeting 5k per ounce plus