Takeaway
The presenter outlines conditional technical setups across Natural Gas, Gold, Silver, and Crude Oil, noting that Natural Gas has reached a key former resistance level now acting as support following a recent stopped-out long. Actionable triggers hinge on candlestick confirmation and EMA breaks, with an active bearish pullback entry highlighted in Gold and range-bound trading dynamics dominating Crude Oil.
What the presenter said
- Natural Gas sold off into a prior resistance level that is now functioning as support [00:38].
- The presenter took his first stop-loss of the year on Natural Gas on the previous setup [00:47].
- A Natural Gas long requires price to break and close above both the 20 and 50 EMAs accompanied by pullbacks and engulfing candles [01:30].
- Natural Gas short exposure is favored if a bearish engulfing candle forms at support or if price breaks and closes below the minor trendline [01:48].
- A rejection of the minor trendline in Natural Gas increases the probability of a move down toward the major trendline [02:08].
- Gold has printed a bearish pullback entry pattern signaling short potential [04:12].
- Silver lacks an immediate setup, but a push higher followed by a pullback and bearish engulfing candle would trigger a short [05:00].
- Crude Oil remains range-bound, testing support with expectations for a bounce back toward resistance [05:38].
- For Crude Oil, a sustained breakout above the range warrants longs, whereas a failed rally back into the range indicates weakness preceding a downside break [05:44].
- The presenter highlighted prop firm Hola Prime's updated rules allowing news, overnight, and weekend holding [06:35].
Trade ideas
- Natural Gas (NG)
- Direction: Long
- Entry: Above the 20 and 50 EMAs after a break and close
- Target / Stop: None stated
- Horizon: Unspecified | Conviction: Low
- Natural Gas (NG)
- Direction: Short
- Entry: Bearish engulfing candle formation at support or a break below minor trendline
- Target: Major trendline | Stop: 1 ATR above entry
- Horizon: Unspecified | Conviction: Low
- Gold (XAUUSD)
- Direction: Short
- Entry: Midpoint of the bearish candle
- Target: "$72" (initial 1 ATR target, managed for larger move) | Stop: Above the 50 EMA
- Horizon: Unspecified | Conviction: Low
- Silver (XAGUSD)
- Direction: Short
- Entry: Push up followed by a pullback and bearish engulfing candle
- Target / Stop: None stated
- Horizon: Unspecified | Conviction: Low
- Crude Oil (CL1!)
- Direction: Long
- Entry: Bullish engulfing candle at range support
- Target: Previous resistance levels | Stop: None stated
- Horizon: Unspecified | Conviction: Low
- Crude Oil (CL1!)
- Direction: Long
- Entry: Solid breakout above current range
- Target / Stop: None stated
- Horizon: Unspecified | Conviction: Low
- Crude Oil (CL1!)
- Direction: Short
- Entry: Break below current range following an upside rejection
- Target / Stop: None stated
- Horizon: Unspecified | Conviction: Low
Levels and data cited
- Gold (XAUUSD): "$72" initial short target (representing a 1 ATR move).
- Trustpilot: Hola Prime rated "4.5/5 based on over 3500 reviews".
Risks and what would invalidate this
- Multiple tests of a trendline or support zone indicate structural weakening of that level.
- Setups may fail to confirm, triggering stop-losses.
- The presenter explicitly advises against widening stop-losses out of fear.