NUFF IS NUFF
really ?
“The U.S.A. will get all Nuclear “Dust,” created by our great B2 Bombers – No money will exchange hands in any way, shape, or form. This deal is in no way subject to Lebanon, either, but the USA will, separately, work with Lebanon, and deal with the Hezboolah situation in an appropriate manner. Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is enough!!! Thank you! President DJT” – truthsocial

Big lift to risk on: Oil SPIKES DOWN, STOCKS UP, USD DOWN, GOLD UP

US PRE-MARKET MOVERS: NFLX, TFC, AA, NI, ALV, FLNC, NXPI
ES +0.5%, NQ +0.5%, RTY +0.8

This headline has been doing the rounds with little impact but does suggest no quick fix to mend the fences. Market continues to trade on hope this is the end game.

XAUUSD (GOLD) 1 HOUR
Still unable to shake its focus from 4800 despite the risk on mood seen in US equities.
For the bulls to take back control, the down trendline and 4813 would need to be broken.
Otherwise, short-term risk still tilted towards the downside (retracement) but contained while above 4762-67.

Forex Market Snapshot
Quiet start to the day with US500 and NAS100 sitting at record highs and the dollar trying to pay some notice (i.e. slipping).
EURUSD focus is again on 1.18 but still below it.
GBPUSD bounced after finding support above 1.35
USDJPY 159-160 remains-a sticky zone with the BoJ likely looming at the top,
Otherwise it is another headline watching dsy waiting for news on US-Iran talks, which could take place as early as this weekend. One school of thought is there won’t be a meeting until both sides have agreed on major sticking points.

NAS100 (NASDAQ)1 HOUR
New record high (25413) makes resistance a guess so use 26500 as a pivotal level as firmly above it would not only put 27000 but 28000 on the table as potential targers.
On this chart, needs to hold above 26127 for a strong bi. Below it would slow momentum but not negate the upside risk.

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