I just published the Daily Nasdaq chart on the cash or spot. It shows Thursday's close but NOT the current CFD or futures as of Friday 11:50 am British Summer Time. If no major change in the index between now and the NY cash open, then the cash will likely open near 28500-600, implying a GapDown of about 700-800 pts. There is something considerably negative for the index if it closes the day below 29300. I will share the info with our English and Arabic WhatsApp Bdcst Group before the NY cash open. 

Click To Enlarge

Here's a quick video on recurring Fibonacci targets on XAUUSD. Watch.

Quick update on using the GoldBugs ratio for XAUUSD. Watch here. 

Click To Enlarge

My model for predicting the World Cup winner with 4 out of 4 success so far.  Watch. 

Gold traders must keep an eye on bond market expectations for interest rate hikes. Yes rate hikes. The graphs below show rate hike probabilities for July (while) and September (green), with the latter currently 68% probability for a 25-bp rate hike. See how gold fell and DXY rose when the probability graphs rose. The weaker than expected US jobs report on Thursday triggered a temporary rally in gold and decline in rate hike probabilities, but markets are now repricing probabilities. DXY remains above the 100-week MA, while gold is unable to regain the 55-week MA. 

Click To Enlarge