GC1! ↗↗With my humble experience, it seems to me that the GC1! will rise in the next few minutes.
' Anyone who's interested in my analysis needs a consultant, I'm on duty.'
GC
Two key levels to watch on Aug Gold Futures - 1,775 and 1,765
1,775 is a near term level that formed over on the 1-hour time frame. Price tested this level on June 30th (yesterday) and held above. If we see a break lower, then this is an indication that buyers remain weak.
A more critical level to watch is the 1,765 as this formation originated back in April and has been holding up since. You can see take a look at the 4-hour chart below showing the formation of this level. Every time price has broken above, it quickly trended back below. If this level continues to hold up, we can remain bullish on gold.
GBPCAD Buy opportinutyGBPCAD created higher low on h1. Sitting at weekly supp. Just taking it to next key levels.
Gold - Buy/Sell pointsNow that Gold is breaking out, all focus goes to the 4hr chart.
I'm trading E-micro Gold futures ($/MGC), 2 contracts at a time.
Strategy is to hold 1/2 position all the way up to $1,880 target.
Day/Swing trade 1/2 position on the way up.
I'll update my markers where I buy and sell moving forward.
Links below show where I started building position.
Stay Black.
GC: Gold is Rising to All-Time HighsGold futures contracts GC have been rising on ongoing worries about economic recovery and unlimited QE. Further price advance is expected, possibly above $1900. Current chart shows negative divergence between RSI and gold price. However, the rally is still strong, targeting $1800 - $1825 level. A near-term pullback into $1742 area may offer a better entry point for a long position.
GoldGold priced in Aussie Dollar, Yen, and Euro all well above their respective 2011 or 2013 highs.
With all the "dismantling" of the US dollar talk - a weak dollar would certainly aid Gold's move to new all-time highs.
For the past 2.5 years, we've seen a strong dollar and strong precious metals market. USD rolling over, could be the boost this space needs..
take care for yourself - Gold downDespite the long time spent trading gold horizontally,
Although there are many components available to launch it strongly during the last period,
However, he was unable to do so, his last attempts were today
This clearly confirms the weakness of gold
Therefore, a strong drop in gold is expected
The stopping point is $ 1789
The expected first drop target is $ 1,300
Good luck
I am glad your interaction with me
Potential double top on the H4 Time-frame - Weekly analysis1760-65 could be the best sell zone, but there's no sign of a valid strong rejection candle yet. This week we all waiting for a robust incoming catalyst; US Flash PMI, Final GDP, Jobless claims, Bank Stress Test Results, and the US PCE
The previous analysis (June 19, 2020) failed, last week Powell gave a strong reason for Bull to hold their trade over the weekend. Last week before the market closed, we tried to sell at the sketchy trendline 1743, but unfortunately, the market was open with a gap up to 1750 as I predicted.
PS: This analysis fail if the H4 candle can breakout and close above 1765. Please don't trade this analysis blindly
GOLD FUT TOUCH 1800BE CAREFUL , GOLD FUTURE TOUCH 1800 (GC fut = spot gold +15)
so trend can change to down see AC 240min
GC : GOLD FUTURESIf the market breaks the B level resistance, there is a high probability in these coming days that the market will hit the 1790 area level.
XAUUSD Sell SignalPattern: Ascending Triangle.
Signal: Bearish as we are approaching the Higher High Sell Zone.
Target: short-term = 1750 (the Higher Low of the 4H Channel Down), long-term = 1715 (that is if 1740 breaks).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
GC Preparing for a new trendHello traders,
After having an increasing trend, GC seems entering in a new trading range.
If the GC could break the trading range above it, in other terms, if it could break the level of maximum of 18/05/2020, we will have a new increasing trend that aims to reach the level price of 14/04/2020.
Otherwise, GC will continue evolving in that zone or even go down.
The gold is will get stronger and stronger BULLIShHere w are again with this strong engulfing candle
GBPCHF Long Due Monthly ZoneYo Folks!
GBPCHF LONG IDEA
-IMPORTANT-
We Trade with the MAJOR BULLISH TREND . And Monthly Zone represent a PLACE OF LIMIT ORDERS!
1- Next Weekly Zone will be near Monthly Zone
2- Price Comming to Monthly Zone
3- We have Strong Demand Level
Since Monthly Zones are very strong our main idea of going LOND based on it.
Also next Weekly Zone Will be at the same level and Monthly which makes it more stronger
Dont Forget to Follow Us on TV and TG!
Waiting for the breakout on GOLD Futures by ThinkingAntsOkMain items we can see on the chart:
a) The price is above a well-tested Support Resistance zone
b) It has been there for 70 days almost
c) We expect that the direction of the breakout of the range would be bullish based on the technical structures of the current situation
d) Our Target for the Breakout is going to be 1900
GOLD : NEXT WEEK EXPECTATIONSHello community;
Here are my expectations for next week:
1. A pullback on the resistance to retest the Fib Lvl.1 support (1679.6 price)
2. In case we have a bigger GREEN volume than all the past ones, the market will break the resistance.
The market will most likely retest the support, so I'm expecting a BEARISH WEEK.
GOOD LUCK !
Bearish on Africa Gold minerWhy the Bearish on Gold miner?
Africa is shut Down for 14 days!, all mining activity shutdown!
Most Africa based miners are DOWN!!
Pending follow up with more EURO shutdowns.
sooo?
SOOOOO, This company is up because Gold is UP, Please buy it because they think it's GOLD!
EVEN So, people only buy gold due to fear of recession bets and fear of the weak dollar.
But guess what? GOld will crash if we have a flash crash anyways!!!
that means, we will win, if market crashes hardcore, and we would win if market continues to rally up and cancels recession fear.
Win WIN
AU- Short Shares
IDEAL on Short entry - $24.50
Buy to cover $16.23
buy to cover Trailing stop $4
GOLD (OZ) 4H - Long SetupTVC:GOLD although being in a downtrend in 4H timeframe, it took support from the demand zone & buying pressure is clearly visible.
