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Comex

Gold Futures | Broadening WedgePlease support this idea with LIKE if you find it useful. Price formed a Right-Angled Broadening Wedge (descending) - bullish pattern. The market closed near the Ichi Cloud support zone. In case we have a confirmed retracement of the Ichi Cloud we can initiate a Long position. If there is a confirmed breakout of the pattern we can also initiate a long position Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
COMEX:GC1!Long
by Anpu
Comex Gold - Selling The Tops at 1705 $-Case of Ending DiagonalDisclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Happy to get the clue straight from the yellow metal & to see it unfolding as expected on 7th March 2020 video idea which was published on Indian Version - Nifty / Gold / USDINR - The important Juncture. Video Idea (Click the Idea Below) ------------------------------ Long Term Outlook ------------------------------- A possible case of Ending Diagonal which suggest that the rally which started from 1045$ to 1705$ has completed & we look for downside Targets - 1045$ / 900$ / 750$ Short Term Outlook Wait for some bounce above 1500$ in the zone 1590 - 1625$ zone - If you see the commodity getting rejected in the suggested zone then putting stops above 1635$ could be an opportunity for selling the commodity for Targets - 1500$ / 1445$ Thanks for watching the video & stay classy till next idea.
COMEX:GC1!Short
by WaveTalks
12
Corona fear drained gold, Upwards channel intact A corrective bounce is being seen as intraday charts are reporting bullish divergences and a possible sign of return? (Check blue arrowed trend line below the chart and on the RSI) For a clearer Picture - Corona fears have drained Gold prices, and caused a massive market panic and printed the lowest level since Feb. 5 @ 151.21 after dropping for a third straight day on Thursday. However, there's appears good news for Gold buyers as it's on strong support and seems to return. (after bumping into SMA 200 on Daily chart) Gold price settles around 1588.00 since morning, and as long as the price is above 1545.00, the bullish overview will remain valid for the upcoming period. Import resistance levels to watch - 1624.81 - 1635 ----------------------------- Follow the channel for more strong and in-depth analysis like this. Share the love with your friends and let me what do you think, Leave a comment :) Learn candlesticks and improve trading - bit.ly/Learn_candlesticks (After trading if you decide to keep using that account for trading, you can get a 50% bonus, which you can actually keep and withdraw!) to learn more about the offer and live trading signals Telegram - @Tradingmoore
OANDA:XAUUSDLong
by TREND-KEY
3
Gold: what's happeningHi Guys, the first time I thought it could form a Cup & Handle it was on March 26, 2019 when I published the idea on TradingView. For easy reference please click the image below: Since then I've been trying to undestand gold behavior until it broke out the handle for the upside which confirmed the overall bias as a bullish continuation pattern. Factors that helped Gold to breakout the handle for the upside are: 1) US China stalemate beginning of May, 2) Theresa May stepping down with increase uncertainties over Brexit; 3) Raising tensions in ME; 4) FED posture; All these ingredients increased appetite for safe havens and Gold reacted in accordance with fundamentals and technicals. The main reason why I neglected Gold these days is because I could not find a target after the breakout. I knew it was running high but when it slowed down at 1360 I thought it was topping. Instead it went to 1440 following the FED on Jun 19. The day after the FED markets expected a rate cut in July. But the following week FED members inlcuding Bullard didn't sound dovish at all. This "U-Turn" made gold hit 1440 and retreat IMHO. Technically the move is completed IMHO as 1440 was the perfect Take Profit following the breakout of the handle. Infact, according to Investopedia: "A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout." For full detail about Cup&Handle please refer to the full article: 1300 - 1160 = 140 1300 + 140 = 1440 Now we have to wait for the G20. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: focusing on the 4H chart (and triple S)Hi Guys, following my previous post please find above 4H chart focusing on the triple S support before the pullback at the end of week17. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
Gold: just a narrativeHi Guys, hope it is readable. 1. Financial crisis of 2007-2008 (en.wikipedia.org) 2.People emotions take shelter into safe haven 3.Capital take shelter into safe haven Fear and uncertainty drive the market. 4.In 2010 CBs & Govs. worldwide implement measures aimed to reassure and stabilize financial systems. 5.in 2012 the run is stopped. 6.Fear and skepticism slowly fade away. 7. Gold slowly returns to pre financial crisis levels. 8. Confidence seems to have been restored. 9.Everything back to normal. Is it so? For additional informations please refer to the related ideas linked below. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: some info (D)Hi Guys, Here a link to Investopedia definition of Cup & Handle: www.investopedia.com There are many more on the web. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
5