A1 Trading Company

May 25, 2021

Trade Ideas for NZDUSD, GOLD, SPX500

Frank Cabibi

NU Gains Ahead of RBNZ Statement, Gold Set to Breakout
5/25/2021

NZD/USD Analysis 
NZDUSD looked to have peaked on the 4H chart as price hit the top of the trend line and rejected the highs. As of writing this, we are about an hour before the RBNZ monetary policy statement and are expecting a break above the trend line as investors have been optimistic up to this point on the pair.
Gold Analysis 
Gold in consolidation while inching its way to the upside. Price will eventually breakout and we are expecting further upside on the metal. The $1900 mark shows no clear resistance, but the number alone serves as the next milestone for gold, so that is likely our next big resistance.
SPX500 Analysis 
House prices saw the greatest increase in the last decade as CPI and inflation increase, but the bearish news we saw last week is starting to wane in the eyes of most investors. SPX continues to climb and is nearing its all time high once again. Next big resistance is at that level around $4240.

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