Gold, Yields & Nasdaq

by Ashraf Laidi

May 15, 2024 13:06

Yields are breaking down, and may potentially extend towards 4.32%, which could imply further gains in XAUUSD and NASDAQ, depending on the outcome and inner details of the CPI. EURUSD resistance starts at WEEKLY TRENDLINE resistance from the Jan 2021 high now at 1.0910. AUDUSD resistance also starts at the WEEKLY chart at 6800, provided it breaks above the 100 WEEK MA of 6648.  GBPUSD faces varrier at the 61.8% retracement near 1.2670.

Click To Enlarge

Click To Enlarge

More Hot-Charts

• 

  2hr Gold Chart

  Feb 3, 2026 13:09 | by Ashraf Laidi
  سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
• 

  Gold Net Longs

  Feb 2, 2026 17:16 | by Ashraf Laidi
  I really dislike after-the-fact analysis, but looking at this chart of Gold speculative net longs at the Comex, it shows speculators began lightening their longs on Jan 23.
• 

  EURGBP Channel Test

  Jan 22, 2026 13:20 | by Ashraf Laidi
  EURGBP is on the cusp of a channel breakout. One of the least well known secrets is how this pair correlates with major equity indices.