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D-GC

for comming week ,scenario on daily chart 1-switch trend on gold = gold always after crash , 2-3 day turn range then start go up to 1820 in down we have big trendline in 1740 - powerfull support in 1675 - then on weekly chart fibo 61% in 1450 $ 2 in comming week if gold break low 1770 can go to 1740 (powerfull buylimit place with sl=10.00) then start powerfull trend to 1920 then 1960 take look open orders on gold futures by larg banks and fund money managers prnt.sc they had heavy close buys ,but dont inter big sells (for this gold cant go up in 4-5 days ago,they close buys in high,couse gold be range,zigzag , this show retail traders buying ) if gold can break high and close on high ,they can start buy , personaly i think they are waiting 1740(big trend) to inter heavy buy for hold longterm to around 2000$
FX:XAUUSD
by ramin_trader2006
1
gold hardly break 3angel,,,now have buystop signal buystop on high with sl=low its target is daily Sma200 and fibo 61% if you have old buy on up , 100% put sellimit on daily sma200 and fibo 61%( lot size =0.5*total buys) AC daily is green (show buyer and + trend will come) when AC 1hour go down,full red you can buy with sl=6.00$ ttp=18.00$ ( on this stratgy eat 5sl in 10 is normal , if you remove sl can margincall you,,,after set sl ,dont remove it,never) ALERT=IF GOLD BREAK LOW 1770 CAN CRASH TO 1740 TREND (buylimit place) note=on my chart ,downer indicator is BACKWARDATION indicator to show gold cfd and gold futures price spread
FX:XAUUSDLong
by ramin_trader2006
finaly daily stoch and AC give buy signal gold next target is fibo 38% then daily sma200 then fibo 61% (green fibo in right side is growing fibo) personaly near big trend 1820 i will sell with sl=10 trailstop=10 (if you want sell ,100% put sl and dont touch it) if sl fill , big trend 1820 break,gold will fly up and big money traders start heavy buy and gold will back to high strongly advice put SL on high,low or 6.00$ and dont remove it if you have old buy ,dont close them soon ,give time go up (if lot size is high ,reduce it instead close) gold can see 1960 in next 20 day(if news not comes) gold love go up
FX:XAUUSDLong
by ramin_trader2006
dont panic ,any rate change yet , FED only speak about it if your experience is under 7 year ,strongly advice dont inter this panic market(gold,silver,eurusd) ,go and rest this week until + up trend appear ,then looking for buy AFTER I SPEAK WITH MY FRIENDS , CITI BANK TRADERS AND BIG FUND MANAGERS :WE FIND NO REAL THING BEHIND CRASH mr pawell say :we expect (maybe, forecast ) change rate in 2023 (after 2 year) i cant understand this crash on eurusd ,DXY then gold , he only say his idea ,no any 100% action , even be real action ,it will happend in 2023 not now !!!!!!!!! this is real emotion crash joke www.cnbc.com in other side even DXY going up , yield US10Y bond yield going down ,this mean gold value must go up (when yield ging down, more investor comes to buy gold) predict= in this week effect of DXY even go up will ease , gold big money traders will start buy , range,zigzag with + trend can start(for switch trend) ,after emotion on EURUSD ease ,gold will back to high again (in next 20 day) if AC on daily chart turn green , 90% up trend will start (i am very hard waiting AC turn green on daily chart) let see AC on monthly chart too ,show main trend is + up i want you success , advice looking for buy and hold it 3-4 week until 1960 ,,,, current price is very very low for gold ,soon or late gold must see 2000$
FX:XAUUSDLong
by ramin_trader2006
3
Dollar, Gold and the Euro - where to next? I just read an idea posted in Tradingview that this is the time to buy the EURO. As well there is a lot of chatter about Gold being a gift at these levels. This big move started this week. I believe its too soon to take a position in either one of them. This is not to say there won't be backtests as investors rush in. Looking at these daily charts gives you the perspective to see what's really going on. So to be clear - the value of the US dollar (DXY) affects the EURO and GOLD - as the both are based on the relative strength of the DXY. This move isn't over - clearly the breakout is happening fast, it maybe over this upcoming week. However, that does not mean it return immediately to previous levels. Expect some accumulation and distribution. A higher US Dollar slows down: inflation, and debt ridden non-US companies with US Dollar denominated debt, who now have larger financial obligations. One thing that is VERY interesting is clear that all three, DXY, GOLD, and the EURO are balancing inside their respective triangles, for a much bigger move. If you have the answer to that - its worth a fortune. Why is this happening? The Federal Reserve has now signaled that there are at least two rate hikes forthcoming. While in Europe there is none of this talk, ergo higher rates - stronger currency. Last year there were numerous well respected pundits claiming the dollar was about to soar (such as Keith McCullough of Hedgeye and Raoul Pal of Real Vision fame) Pal wrote on Twitter April 25th, 2020: 'You see the biggest problem the world faces is the dollar. We are in a viscous doom loop where slowing growth causes the dollar to rise' I can't believe he hasn't deleted this tweet. When in fact the absolute opposite happened. So tune out the noise and watch the charts for the 'Real Vision' ;) Expect the US Dollar to push through the what is an obvious trend line and bend it not break it approaching the round psychological number of 93. This is also close to 1.61 Fib at the top of the channel. The yellow triangle is where you might consider taking a long position in either the metals or pairs that verses the US dollar. Levels are indentified where both GOLD and the EURO may fall to. As a side note, the US Equites have rallied in part because of weakness in the US Dollar, which rallied at every drop in the dollar - they may have some catch up to do as the dollar is rising faster than SPX or NDX is dropping although the Russell and DOW seemed to be paying attention.
TVC:DXY
by Maximilianned
3
gold reach fibo 61% fibo 61% and fibo 161%(for find tp) are most important fibo on gold lets see AC and stoch and ichimoku(not very important) on daily chart ichimoku give buy stoch is sell ,but going to buy in next 2-3 candel AC is red ,mean trend is sell but going to green(mean up trend comming) personaly i am waiting AC daily turn green , then big pro buyer like banks,fund trader will buy like gold manner before ,gold love double bottom , it can double bottom then in next 7-8 day going to up (best place for buy with SL under low) i have 3 buy (gray arrow on chart) imposible i close them sooner than 1920-1960 if you have buy and your lot size is pro traders lot (1000$ max 0.01 lot) 100% be relax , gold will see high in next 2-25 day , just dont close buy soon ,try wait min 1920) if you open big lot , understand i (anybody)cant predict unexpected breaking news, (for this i ask 1000 time reduce your levrage to 10 max 20 and 1000$ 0.01 lot) your problem is money manage , after close orders,stop trade on real , witdrawal all money,back to demo work on 1000$ balance and 0.01 lot and put SL in low , if dont do 100% you willl 0.00 in next nexs soon or late
FX:XAUUSDLong
by ramin_trader2006
6
GC Daily time frame at low priceGC Daily time frame is in an up trend. The market is making higher highs and higher lows. The daily time frame is moving from a high price towards a low price. Turning to the one hour time frame and looking for the market to enter into the buy zone will be a great idea. There is an up Fibonacci extension above the live market price point 1922.4 about +1,450 ticks away. Once or if the market can break the down trend line on the one hour, that would be a great place to look for long trades.
COMEX:GC1!Long
by JoshuaMartinez
gold double bottom creatingAC daily red push gold down if you cant buy before,put buylimit aroung 1842 if you have buy ,dont fear ,pull back is normal when you want pick trend (gold want create new double bottom (i was say yesterday) after buy open ,10 day give time for grow,,,dont close with little profit like stupid new traders ,close thease buys sooner than 1960 show you are week in trade control,self control after 15.00$ profit ,move sl to open price , let it go to 1960 or exit with 0
FX:XAUUSDLong
by ramin_trader2006
4
Short-Term GC The direction of GC futures is UP but the 2D bar has opened with a SSTO SELL and that is generating an arrow signaling SELL. It is very unlikely that the SSTO will close above 80. I will still consider the direction to be UP until it does close. There is the overbought (OB) trend noise balance (TNB) indicator on 1D-1W to confirm this There is a 1M BUY weakness ( WK ) indicator to confirm short/medium term There is the 2D 6UP to conflict this There are 'inactive' indicators to conflict this, the 1Q SSTO SELL signal There are 'inactive' warnings signs 1Y RSI OB, 1Y 12UP. Be aware of the cost of any potential SL and the affect of that on the account. In this scenario CMP 1864, 2W LOW SL 1855, 1 MGC contract $10.00 = 1 'point', cost = $90, In the book, Trading For A Living - a trade should not risk more than 2% of the account, account size = $90 / 0.02 = $4,500 minimum. The narrative of GC futures is exhausting due to the record 12 green 1Y closes in a row from 2001 to 2012. This caused the 1Y RSI to reach 90 in 2012. When the RSI produced a SELL signal by trading below 70, it immediately caused a crash to the 9 SMA at 1167.7 the following year. Now that the 1Y RSI has again closed above 70 last year and now sits at 75, there is a concern price will fall to the 9 SMA if it trades below 70 again. Because this is a long-term idea, I consider it 'inactive' and I only trade in the direction the daily charts are moving in. For that reason, I will consider buying between the 1D 18 SMA and the 2D 18 SMA support zone as confirmed by the OB TNB indicator. The price is already approaching the bottom of the support zone so buying is reasonable. Unfortunately the SL is above the support of 2D 18 SMA. This makes it possible that the SL will fill and price will rise directly after. The original plan was to wait for more short-term confirmations, better 1D BB conditions (at least 1XP rather than 1CP), wait for the FED interest rate decision next week. Since then, the short term condition is greatly improving with a 2H 6DN as shown on the chart. This is a relatively new indicator I am using. That is enough short-term confirmation for me to try buying. The 1D BB condition did change to 1D 1XP. This will allow gold to reach targets within its monthly range. Like I said I think this 2H 6DN is enough to confirm a pause in targeting the 2D 6UP.
COMEX:GC1!
by UnknownUnicorn23694386
USA/GOLD: the truth about $SPX-Why is the SPX a lie? For starters it weights the 500 most desirable companies and, to continue, its unit of reference is the dollar... an "unbacked" currency (as crypto fanatics say with some reason... people so blinded by their infatuation that from a half-truth they are capable of elaborating truths of a ton or even more). -Ok, and what do you want to invent, wifi rebel? There is no need to invent anything, luckily: besides the marketer SPX there is also the NYA that considers more than 2000 NYSE companies... and I believe NYA more than SPX, to make a long story short. And the dollar, although it is backed by much more than ink and paper (because behind this bill is the most powerful economy on the planet and not Argentina or Venezuela), anyway it has a lot of lies and the CPI (US Consumer Price Index) proves it every day. -And what about that? And with that it seems clear to me that we should not pay so much attention to the SPX or the dollar... especially having the NYA and gold to get a historical ratio that reflects the ups and downs in the romance between Mr. Gold and Mr. Stock Market (let's be inclusive). -And why don't you put CPI into this ratio? Well, I don't think it's necessary inasmuch as both constituents are equally affected by the depreciation of the greenish paper... so the ratio itself gives us ecumenical information on the binomial. Amen. ********************************************************************************************************** Well, let's get more serious: What we get concretely from looking at this ratio is HOW MANY GOLDEN CONTRACTS THE NYA CAN PAY OUT OVER TIME. It's that simple and that far-reaching... because if we're going to bother with "FIAT money blablabla", well then let's measure the US market in GOLD and stop whining pseudo-arguments. Does it make sense or not? I say yes... Now let's break it down: 1) the trend line below is impressive: it has three millimeter contact points... so precise that, somehow, they are backing up all the chatter I wrote above: the truth of the USA MKT is in GOLD and not USD; 2) seen this way bubbles and crises don't match sooooo much with the orthodox look in USD; 3) the "real SPX" is still bullish in very long term ... but since 2000 and the .com explosion it is still in bearish mode ... Yes: 20 years losing against gold, it's that simple .... 4) however we also see a very clear triangle figure... that was overcome to pull back to a millimeter throwback against that important TL... and now what we have is a very interesting resistance at 9.60 (NYA is paying 8.76 gold contracts and if it reaches to pay more than 9.60, "it blows up" a timberman would say). *********************************************************************************************************** Conclusion: I actually think all these arguments make sense, rationally speaking, and what I see here is very reassuring to me about "the current bubble" that has been talked about for a long time. Why? Because that bubble is measured in the "lie" of the dollar... so it is worth as much as a lie (i.e. nothing), and on the other hand in gold we have a symmetrical triangle of upward continuation that is about to be executed... with targets so astronomical that not even the most smokeseller "twistar" would dare to handle it. Think about it...
TVC:NYALong
by GusNord
GC One hour. +350 Tick bullish pushThe GC one hour time frame is in a large up trend. The market hit the up trend and is showing signs of pushing bullish towards the daily up Fibonacci extension price point 1922.4 about +350 ticks away. Entry: Counter trend line break bullish in the buy zone. STOP: 1846.5 LIMIT: 1922.4 As long as the market stays above the long term up trend line. It will be a good idea to turn to the five minute time frame and to look for tunnel trader long / destination trader long opportunities.
COMEX:GC1!Long
by JoshuaMartinez
4
The Direction Of Gold Is UP TemporarilyThe direction of GC futures is UP There is the overbought (OB) trend noise balance (TNB) indicator on 1D-1W to confirm this There is a 1M BUY weakness (WK) indicator to confirm short/medium term There are no 'active' indicators to conflict this There are 'inactive' indicators to conflict this, the 1Q SSTO SELL signal There are warning signs of the 2D 6UP which filled 50% so it made an attempt to fill and not much more can be expected although typically 33.3% (1844.1) is reached for more bullish potential. There are 'inactive' warnings signs 1Y RSI OB, 1Y 12UP. Be aware of the cost of any potential SL and the affect of that on the account. In this scenario CMP 1889, 1W LOW SL 1855, 1 MGC contract $10.00 = 1 'point', cost = $340, In the book, Trading For A Living - a trade should not risk more than 2% of the account, account size = $340 / 0.02 = $17,000 minimum. The narrative of GC futures is exhausting due to the record 12 green 1Y closes in a row from 2001 to 2012. This caused the 1Y RSI to reach 90 in 2012. When the RSI produced a SELL signal by trading below 70, it immediately caused a crash to the 9 SMA at 1167.7 the following year. Now that the 1Y RSI has again closed above 70 last year and now sits at 75, there is a concern price will fall to the 9 SMA if it trades below 70 again. Because this is a long-term idea, I consider it 'inactive' and I only trade in the direction the daily charts are moving in. For that reason, I will consider buying between the 1D 18 SMA and the 2D 18 SMA support zone as confirmed by the OB TNB indicator. The price is already at the top of the support zone so buying is reasonable but because the support zone is wide, the SL is difficult to place. I do have 2 potential SL to use which I forgot to label on the chart. 1 would be the up trend line beginning 3/31 and the other would be the 1W LOW. Unfortunately these both fall above the support of 2D 18 SMA. Not only that, but there is the 2D 6UP 33.3% below that support zone. Like I said, the techincals of GC are an exhausting mess. I would wait for more short-term confirmations, better 1D BB conditions (at least 1XP rather than 1CP), wait for the FED interest rate decision next week.
COMEX:GC1!
by UnknownUnicorn23694386
2