📊 Market Update (Ex...from Sana Shaikh

📊 Market Update (Expanded Short View): Markets are still cautious and range-bound as 🇺🇸 U.S.–🇮🇷 Iran talks keep traders on edge. USD: Holding firm near 105 due to strong yields Gold: Sustaining above 4800 → signals continued safe-haven demand Oil: Below $100 → geopolitical premium easing, but still sensitive EUR & GBP: No clear direction → stuck in consolidation JPY: Weak → pressure from yield differentials 📌 Key Insight: Traders are not taking aggressive positions Market is reacting to headlines, not trends Any breakthrough or escalation can trigger sharp moves ⚠️ Trading View: Expect volatility spikes Focus on range trading or breakout setups Avoid over-leveraging until clear direction emerges

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Fundamental: The Nasdaq Composite rose about 0.3%–0.4%, closing at fresh record highs for a second straight session. Gains were driven by optimism over U.S.-Iran talks and a Middle East ceasefire, boosting risk appetite. The index extended a strong rally, marking its longest winning streak in years (around 12 sessions). However, upside was capped by stock-specific pressure, notably a sharp drop in Netflix shares after weak guidance. NASDAQ TECHNICAL ANALYSIS Technical Structure: Spinning Top on Daily, Trading Above 20SMA on Daily, Consolidation on 4H, Bullish Flag on 1H Weekly Trend: Bullish Intraday Trend/ Intraday Strategy: Bullish/ Buy on Breakout, Buy on Support Major Support: 26000, 25700, 25300 Major Resistance: 26430 (ATH LEVEL)

Sana Shaikh

— XAUUSD/H1 — ➤ Market Update Price has successfully tested the 4860 area and formed a short-term swing high at a key supply zone, indicating that sellers are beginning to step in and defend higher prices. ➤ Today’s Scenario: - Key zone: Price is likely to retest the 4848 – 4855 supply zone for confirmation - Following confirmation : We expect a corrective move back within the channel, maintaining the current range structure + Short-term target: 4791 (range low ) + Extended target: 4733 – 4725 (Demand zone) This is a key structural support area and a liquidity attraction zone, where buyers are likely to step in

Sana Shaikh

Gold is in a short-term downtrend with strong selling pressure. 4750 = key resistance → holding above it may trigger a reversal. If rejection occurs, expect a drop toward 4680 – 4650 demand zone. Risk of direct sharp fall without major pullback. ⚠️

Sana Shaikh