Comments on: /NQ At Support, Bounce Likely 1-10-25 https://rightsideofthechart.com/nq-at-support-1-10-25/ Stock Trading, Investing & Market Analysis Fri, 10 Jan 2025 18:14:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/nq-at-support-1-10-25/#comment-34468 Fri, 10 Jan 2025 18:14:00 +0000 https://rightsideofthechart.com/?p=216139#comment-34468 In reply to junkie.

gold have been riding up trendline support & holding up surprising well in light of the recent strength in the $USD. From my analysis, the $USD is poised for a significant trend reversal (correction) and if so, a falling dollar is net bullish for gold (all other things, i.e.- supply & demand, being equal).

]]> By: rsotc https://rightsideofthechart.com/nq-at-support-1-10-25/#comment-34467 Fri, 10 Jan 2025 18:11:37 +0000 https://rightsideofthechart.com/?p=216139#comment-34467 In reply to shannonp.

I covered NVDA, including the key nearby supports, in the video I posted today. It was towards the start of the video with coverage of the top components of the $NDX. LMK if you have any other questions.

]]> By: shannonp https://rightsideofthechart.com/nq-at-support-1-10-25/#comment-34464 Fri, 10 Jan 2025 15:59:06 +0000 https://rightsideofthechart.com/?p=216139#comment-34464 I know you are bearish on NVDA, but would like to know support. I’ve been long NVDA and would help me. Thank; you

]]> By: junkie https://rightsideofthechart.com/nq-at-support-1-10-25/#comment-34463 Fri, 10 Jan 2025 14:18:35 +0000 https://rightsideofthechart.com/?p=216139#comment-34463 I am watching gold as a fear index and a contrary indicator for indexes. Do you still see them as moving in the opposite directions? Gold /GC appear to be peaking short-term, just as /NQ seem to be bottoming; based on your comments above.

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