Today analysis for Nasdaq, Oil, and Gold

NASDAQ
The NASDAQ closed higher, supported by the 3-day moving average on the daily chart. After a recent surge, it has reached the upper Bollinger Band, with both the MACD and signal line crossing above the zero line, confirming a buy signal. However, due to the sharp rally, there is potential for a pullback today. If the price retraces to the 5-day moving average, it could consolidate within a range, allowing moving averages to converge.

Should the NASDAQ fall further, the key question is whether it will fill the gap near 21700. If the gap remains unfilled and the price breaks higher, the daily buy signal would stay intact, potentially accelerating bullish momentum.

On the 240-minute chart, the sell signal remains active despite a rebound. Selling at higher levels is preferable, while watching if the MACD avoids falling below the zero line and instead forms a golden cross with the signal line. Focus on dip-buying and selling at resistance, keeping the potential for a pullback to the 5-day moving average in mind.

CRUDE OIL
Crude oil closed lower, falling below the $75 level. It ended near the midpoint of the large bullish candle from January 10 ($74.66) after further downside pressure. This week’s decline reflects President Trump’s push to lower oil prices.

Currently, crude is near the 20-day moving average and within the $74–$75 support zone, which aligns with the weekly 5-day moving average. This area is suitable for swing trading and dip-buying strategies.

On the daily chart, the MACD has crossed below the signal line, creating a short-term sell signal. However, the significant divergence from the zero line suggests that crude may consolidate with bullish candles before attempting another upward move.

On the 240-minute chart, the MACD has not yet formed a golden cross with the signal line, but selling pressure has weakened significantly. If a golden cross occurs, a strong rebound could follow. Avoid chasing shorts and focus on buying dips at key levels.

GOLD
Gold rebounded from key support levels, closing flat with a lower wick on the daily candle. The daily chart shows that bullish momentum remains strong, making dip-buying at major support levels the preferred strategy.

Gold touched the upper Bollinger Band on the weekly chart before pulling back, indicating that a clear trend may not emerge until next week.

On the 240-minute chart, a sell signal formed at the recent high, with the MACD divergence leading to a sharp decline. While the price is recovering, the sell signal remains active, increasing the likelihood of another pullback.

Gold appears to be consolidating within a range, building energy for the next leg higher. Today, focus on box-range trading with selling at resistance and buying at support. Be mindful of major economic data releases before the main session, and manage risks carefully. Best of luck with your trades, and have a successful end to the week!

■Trading Strategies for Today

NASDAQ - Bullish Market
-Buy: 21980 / 21910 / 21870 / 21790 / 21720
-Sell: 22040 / 22075 / 22110

Crude Oil - Range-bound Market
-Buy: 74.10 / 73.40 / 73.00 / 72.40
-Sell: 75.10 / 75.70 / 76.20 / 76.75 / 77.10

Gold - Bullish Market
-Buy: 2750 / 2743 / 2737 / 2731
-Sell: 2770 / 2774 / 2779 / 2785

These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.

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