I share with you the analysis of the assets I operate. I hope it can be useful to you.
Gold (XAU/USD)
Gold is mainly driven by geopolitical factors and safe-haven demand. Tensions in the Middle East (missile attacks, Iran-Israel conflict, and possible US-Iran talks) have generated volatility: rises due to risk aversion and pullbacks with hopes of de-escalation. Other drivers include the strength of the dollar (DXY firm due to caution), possible trade tensions under the Trump administration, and the use of gold reserves by central banks (e.g., Turkey to defend the lira). There is no strong direct mention of inflation or Fed rates in the most recent data, but the metal acts as a macro hedge. Overall, mixed fundamentals: geopolitical support, but recent downward pressure due to relief in risks.
Bitcoin (BTC)
Bitcoin moves in tune with risk assets and geopolitics. Recently rose +4% due to hopes of de-escalation in Iran and institutional purchases (e.g. Hyperscale Data with 627 BTC). The total crypto market rose ~4% in 24h. Key factors: institutional adoption, possible role as a “safe-haven” in regulatory debates (although U.S. legislation hasn’t triggered a boom), and sensitivity to macro (rates, liquidity). It trades in a narrow range of 64.000-74.000 USD. No recent halving or major ETF news in the last hours.
EUR/USD
The pair is highly influenced by geopolitics and the dollar. Rumors of Trump-Iran talks generated temporary bounces (rose 1.2% at one point), but the dollar remains firm due to caution and doubts about an “off-ramp” in the Middle East. Other drivers: EU-Australia trade agreement (critical minerals, less dependence on China) and upcoming macro data (Eurozone/U.S. PMIs). No clear ECB-Fed divergence highlighted today, but the pair has been operating in a bearish channel since January. Trading is headline-driven and volatile.
NVDA (Nvidia)
Very solid fundamentals focused on AI. Q4 FY2026: EPS 1.62 USD (+6.58% vs estimates), revenue 68.1B USD (+3.87% vs forecasts), gross margin 70% and ROE 107%. Analysts are revising earnings upward and expect strong sales growth (projections up to 253B USD by 2030). 80% market share in AI infrastructure, partnerships (Tech Mahindra, Lumentum, Nebius) and demand for Blackwell/H100 GPUs. Risks: TSMC shortages (possible redesign of the Feynman chip), competition (AMD) and geopolitical supply-chain disruptions. Analyst consensus: Strong Buy with an average target of 269 USD (+53% upside).
Technical Analysis (Gold, BTC, and NVDA) + Key Supports/Resistances (approximate levels as of 24/03/2026)
Gold (XAU/USD) – Quotation ~4.419 USD
• General signal: Strong Sell (moving averages Strong Sell; mixed indicators with bearish bias).
• Structure: Rapid fall after breaking the Gold zone 4.224-4.206. Rebounded after sell-off but remains under pressure. Maintains key support at the 200-session moving average (~4.096). Possible double top in the previous high zone.
• Supports: 4.224-4.206 (Gold Zone broken), 4.096 (200DMA), 3.800-4.000 (next psychological zone).
• Resistances: 4.367-4.403 (previous Target Zone), 4.600-4.695 (key level for trend change), 4.900-5.000 (psychological).
• Scenario: Bearish as long as it is below 4.695. Break below 4.200 accelerates declines; rebound above 4.600 improves outlook.
Bitcoin (BTC) – Quotation ~71.086 USD
• General signal: Strong Buy (Strong Buy indicators; Buy moving averages).
• Structure: Rally of +14.5% from monthly lows, but now testing critical resistance. Struggling around 70.000-71.000 (fair value and daily moving averages).
• Supports: 70.283-70.531 (low-day/low-week), 69.400 (key support), 66.982 (monthly open).
• Resistances: 74.434-76.159 (pivotal zone: 2025 low + 100% extension + pitchfork). 72.000 (immediate bullish break), 73.300 (momentum confirmation).
• Scenario: Bullish as long as it stays above 69.400-70.000. Close below 67.300 activates bearish wedge; break above 73.300-74.000 confirms bullish continuation.
NVDA – Quotation ~175.64 USD (close 23/03; pre-market ~174.92)
• General signal: Strong Sell (moving averages and indicators Strong Sell). RSI(14) ~45.8 (neutral-bearish).
• Structure: Clear bearish trend (lower highs/lows) after rejection at 195-200. Bearish pressure due to geopolitical noise despite fundamentals.
• Supports: 170-170.30 (current critical support), 165-170 psychological zone.
• Resistances: 178-180 (immediate), 187.65 (recent 50DMA), 195-200 (previous rejection zone).
• Scenario: Bearish short term as long as it is below 187. Break above 187-195 changes structure; loss of 170 accelerates declines. Long-term bullish due to fundamentals.
Market Sentiment (as of 24/03/2026)
• General: Dominated by geopolitics (Iran). Temporary relief from rumors of diplomacy, but high caution and “headline-driven”. Risk assets (BTC, equities) bounce back with de-escalation, but gold loses safe-haven strength.
• Gold: Mixed-bearish (Technical Strong Sell, community divided: some sell below 4.200, others seek 4.500).
• BTC: Extreme Fear (Fear & Greed index = 11, yesterday 8). However, technical Strong Buy signal and institutional purchases create bullish divergence (extreme fear = possible buying opportunity).
• EUR/USD: Mixed-neutral (Buy by moving averages but Neutral by indicators). Community divided; focus on 1.1570-1.1640.
• NVDA: Bearish short term (Technical Strong Sell due to macro pressure), but very bullish fundamentally (analysts' consensus Strong Buy, +53% upside).
Quick summary: Geopolitics dominates today. Gold and NVDA under technical bearish pressure; BTC shows bullish divergence amid extreme fear; EUR/USD sideways-volatile. Monitor news from Iran, PMIs, and possible Fed/Trump comments. Key levels above will determine the next trend movement.