Get started

GC

Market Structure Broken on GoldA continued decrease in the value of GOLD is anticipated, which recently experienced a rise from $1620 to $1970 price levels between November 2022 and February 2023. GC shows signs of weakness and is likely to continue to head lower, as indicated by the strong rejection of the $1970 price level. The strategy involves a weak correction upward towards the MSS line, followed by a sell-off targeting the $1864 bullish order block. If the trend persists and the order block fails, then the sell-off is likely to continue toward sellside liquidity below the order block as a secondary intermediate term objective shooting for $1830. Further potential targets include $1804, $1793, and $1778 levels after that. Ideally this play I would like to see with large range candles slicing through with relative ease. If the retrace toward the MSS line breaks the $1975 high, then the trade idea will be invalidated.
COMEX:GC1!Short
by DenisRisticFX
2
gold 4hour : as i predict gold reach fibo 61%...for coming week:gold can 2-3 day range,zigzag (or little go down) then start wave 2 to fibo61% daily ( dont pick sell,it can go up directly too, gold is very trendy) only under red arrow i show on chart we can pick sell after sell pibar comes ok? (never open reverse position on gold without pinbar (1h-4h-daily) verfy see AC indiator on daily chart ,it is green this mean 90% we will see uptrend too in next 10 day in up we have 2 very very important support (see daily chart exatly) BAD SCENARIO = if gold can break pinbar low and sma200 1hour can go downer(need big bad news) if you have old sell against my analyse,you must close all(or hedge) in 1850,,, personally i belive gold going to 2050 then 2400 in next 7-8 month wish you win , if you dont have buy wait for buy pinbar (i have open buys from low with tp=1900) www.tradingview.com
FX:XAUUSDLong
by ramin_trader2006
3
Have Gold and Silver bottomed? What do charts tell us?Gold has had a very healthy pullback into a critical zone. Last year it had a significant move down, took out all the lows around 1700, and bounced hard. Despite interest rates and the US Dollar being much higher than 1-2 years ago, Gold has held extremely well. After its rally since its November bottom, it finally pulled back and got into crucial support. To me, it's critical support because that's where the market topped before the last leg down, and a level around which it chopped for a while before breaking out at the beginning of the year. These levels are also crucial because they acted as resistance in 2011-2012, while this is an area the market traded at for a long time. Gold went in a relatively short period, from oversold, to overbought to back into a fair price (all on the weekly chart timeframe). It looks like it will aim for the 2100 level to sweep the double top that formed right after the Russian invasion, as the current structure doesn't look bearish. It feels pretty unlikely that we will get prices lower than 1700 before we take out the highs first. I would consider a close below 1700 a significantly bearish signal, but until then, I see the market as bullish. As it is now at the yearly pivot, it might have one last dip to fill some of the gaps lower and then start aiming for all the higher gaps, along with the double top, as such blatant double tops tend to be broken. Silver seems to be in a somewhat similar position. Silver has a double top created much more recently and has significant gaps to the upside. In my previous ideas, I discussed Silver going up to 24 and topping around that level. My longs worked, but I never shorted, and I am okay that I didn't because it took the trade a long time to work. Timing in trading matters, and you can't be in a short trade like this for too long. In this case, the market bottomed at massive support, bounced, had a healthy correction, and is now getting closer to support again. The chart is somewhat weird, but I doubt we will see much lower prices before seeing new highs. Both for Gold and Silver, I thought lower prices were possible, but until I see a liquidity crisis begin, I can't call for much lower prices. Both formed excellent bases, especially Silver. Gold to 1300-1400 and Silver to 14-16$ before going higher isn't impossible. However, given what's happening with inflation and the financial system, I doubt it will happen. China and Russia are buying Gold; long-term inflation won't get under control, and the risk of a significant financial crisis is looming. I would say that silver doesn't seem to be in a good situation, mainly due to its industrial demand being heavily impacted and the fact that central banks would only buy gold, not silver. So what's the bull case here for gold and silver? 1. Liquidity cycle turned up. Dollar and rates will come down while money will keep flowing. 2. Tensions among countries leading countries/investors to neutral alternatives. 3. Hedges in case of escalating crises of all sorts. It's possible that due to all the material and labor shortages, investing in stocks isn't ideal. Investing in commodities like Copper might be a better alternative, given their importance in a rapidly changing global economy. Gold and Silver might do very well in an environment of many negative changes but might not outperform some commodities that face major shortages. Below we can see the nice bounce of Copper off support and its clean reclaim of the Yearly pivot. For example, Copper could be one of the great beneficiaries of the transition to the green economy and the Chinese reopening.
OANDA:XAUUSDLong
by BitcoinMacro
Gold GC1 - Discard Greed, Enjoy the Tranquility of RationalityGold is one of those things that has always made humans go mad with greed. There's a deeper reason for this that people can't quite grasp on the surface, but the metal has significant inner meaning for many cultures, families, societies, and belief systems. I've heard over the last few weeks that the Chinese Communist Party has been buying tons and tons of gold, and this news has been used to drive the price back to that $1,923 ATH, which for many years, nobody thought would ever come again, and then happened again after COVID, and then was lost. But you should always remember when a government and a central bank is in trouble, and the CCP is in significant trouble with the damage Wuhan Pneumonia and Xi Jinping's worthless "Zero COVID" social credit persecution of his own people has wrought to the Chinese economy, they tend to buy a lot of gold in an effort to make the situation look "totally great." But gold is hard to trade for critical commodities like oil and food, and USD still reigns supreme, whether you like it or not. Of all regimes, the worthless and wicked CCP is the one you want to trust the least. Really, those rogues are the ones you ought have so little faith in that you totally oppose them and cheer on their annihilation. Never forget these words: 'China' is not 'the CCP'. Moreover, Washington/NATO are also not a big fan of Xi's control of the Party. When a whale takes a big speculative cash position, those who count as "Gods" are given an opportunity to dump it in the other direction, forcing their opponent to sell huge quantities of bullion at a loss. Xi and his beloved CCP barely even count as whales at this point in history. They're about as much of a "whale" as Sam Bankman-Fried and FTX were. Think that one over. Moreover, Jim Cramer said in July of 2022 that gold "is one of three things that 'holds its value in a recession.'" Well, gold followed everything else to dump during 2020 COVID hysteria, and it lost 30% of its value during the '08 Financial Crisis too. Here's the problem with gold making a new all-time high this easily: 1. When gold makes a new $2,100+ ATH, it should really take off for a "commodities supercycle" like wheat, copper, soy, corn did last year. 2. Gold's trading to the $1,630 range was merely a gap fill from the April COVID rebound run 3. $1,630 is still $100 above total long-term range equilibrium 3 (b). This means a new ATH now would indicate a stop raid followed by an eternal dump. Possible, but not very likely at this point in history. What I believe will happen is this: Gold will run $1,940 - $1,960, sweeping breakout traders and goldbugs, and finally get hard rejected Gold will pretty much straight line dumpster fire towards a price that is worse than the $1,569 range equilibrium Nasdaq and tech stocks are going to rally so hard that some items like Tesla, Apple, and probably the index itself, are going to form a Bump and Run Reversal Commodities dump as equities are used to draw in "err'body" because they're the only thing going uppy since oil is dumpin' Gold will start to rally once the stocks that draw in retail dead money are topping and are being distributed Gold, oil, and natural gas will go hard as equities begin to languish and correct $3,100 gold will be the signal that every market has met its fated end In terms of timing, the Bank of Japan does its monetary policy thing on Tuesday, and with how much Yen it has had to print to maintain the (all new) 0.50% cap on 10Y bonds, we can expect they will be forced to relax Yield Curve Control again, probably to 1% Imo, this will cause markets to dump and arguably be choppy, but on the recovery/bull side heading into Feb. 1 FOMC. Markets will feign "indecisive" until Feb. 1 FOMC, which is likely to be a 0.25% FFR hike, triggering a mega rally in equities, a rally which commodities stop tracking. All of the above amounts to an exit rally for Japan's old money, which is a simply fundamental driver in the equities market as one of the most liquid populous seeks yield that its own central bank has refused for years to offer. When the 10Y JGB yield is 1.5% Japanese money will leave US equities and start buying its own bonds. YCC will ultimately be relaxed way beyond 1.5%. Once the markets start to dump is likely to be in the middle of the year when the Federal Reserve finally pivots on interest rates. Contrary to the narrative espoused, major market corrections have often followed a Fed pivot, so long as it occurs when the market isn't embroiled in GFC/COVID chaos. The caveat to all this is that if the Chinese Communist Party were to collapse, because of a combination of Xi Jinping is an idiot and the Wuhan Pneumonia pandemic inside China reveals itself to mankind as totally out of control, then everything that has been planned to break both bulls and bears alike will be sharply truncated by a 2,000 point Monday morning SPX gap down. Gold, oil, natural gas, equities, bonds, everything will die like the FTX token did. Nothing will bounce. It's very dangerous. It's very hard to avoid. When people are "bullish on China," what they really mean is that they're bullish on the CCP. This is the hallmark of a total fool. Don't be that imbecile. What a truly wise man does is to make as much cash as possible in lieu of the day that the evil Communist Party and its organ harvesting of Falun Gong and Uyghurs collapses. That is the day you invest in "China" and its 5,000 years of dynasties, its traditional culture, and the Divine path. If you can do that, you'll make Warren Buffett look like a blip on the radar in history. For real.
COMEX:GC1!Short
by LordWrymouth
3
gold 4hour say = it want touch fibo 50% daily then fly up gold break low and this is sell signal (i eat SL) now we must wait for buy in fibo 50% and fibo61% (after buy pinbar come on higher timeframes) note = near 1818 after sell pinbar come you can pick low size sell and hold it until 1788 if you have old buy you must hedge your buys near 1818 (why you dont put SL in last low? eat 100 SL better than margin call,,eat SL in trade show very pro trader,not bad) then wait gold goes down and back to up( up trend appear) then close sells,then in high,close buys ALERT= never close hedge sells in low even in 10.000$ profit ,market can go downer and margincall you good luck
FX:XAUUSDShort
by ramin_trader2006
1
GOLD 1 HOUR SAY = buy pinbar on gold daily let see gold futures daily and AC indicator AC have buy signal (if low not break, if low break signal will switch to sell again) above low looking for buy good idea with SL in low ok? gold 1st upper target is fibo61% (1900) then fibo 161% 2050 so be careful from pick sell (my next sell is under fibo61% =1900 after pinbar come) ,if you have old sell 100% PUT SL ABOVE RED LINE(BREAK IT IS BUY AND UP TREND SIGNAL ) as predict 2 days ago , i pick buy in low near red fibo 61% and want hold it 30-40 day to next high (can be near 2050) wish you win , be carefull from sell (main trend is up), strongly advice you never dont pick reverse sell(when gold going up) 👍
FX:XAUUSDLong
by ramin_trader2006
gold 4 hour technical say : fibo 50% can be next low butlet see gold futures daily chart and AC indicator (it show if low not break we will see up trend soon) www.tradingview.com 2 scenario on gold possible = first break last high and SMA200 1hour(green line) and back to top or break low and go to fibo 50%(1788) then start +up trend can go to 2060 big trendline my sell still is open and 70% 2nd scenario will happened and gold will go to 1800 area in next 7-8 day ,,,above green arrow i will buy (after buy pinbar come on 1h-4h-daily chart) STRONGLY ADVICE IF YOU HAVE SELL PUT SL ON LAST HIGH break high and 3angel can flyup gold to 1915 even 2030 (fibo 161%) what is best SL for gold (for example sell) : best sl on gold (it is trendy) is last high on 4hour chart,when gold break high 80% mean up trend will start for this gold traders put SL on last high,low ,,,if you cant find 8.00 point is best SL for gold wish you win , be patient we are in range,zigzag days
FX:XAUUSDShort
by ramin_trader2006
3
gold 1 hour say : sellstop in low+sell in 1880 is best idea3 scenario possible on gold in coming week and dont pick buy sooner than green arow area see AC indicator on daily chart ,it newly turn green this mean +up trend can start in coming days ok? ....but if low break AC buy signal will switch to sell (down trend will come) alert=if gold break SMA200 1 hour(green line on chart) can flyup (even to fibo 161% = 2025 area) my sell still is open , 2 place i will pick buy (see 2 green arrow on chart ) and hold it 15-20 day to next high if you have old buys, 100% put SL or hedge sellstop in low ,break low is sell signal good luck
FX:XAUUSDShort
by ramin_trader2006
4
Gold demand reached an 11-year high in 2022On 13th January 2023, we reiterated our belief that the stock market was going through another bear market rally. Furthermore, we warned investors about the price deviating too far from its moving averages and the characteristic behavior of gold, which lies in it rising rapidly and then dropping quickly as well. Following the FOMC, the price of gold fell by more than $95, which translates to approximately 5% within only two trading sessions. Despite that, we remain bullish on gold in the long term. However, we remain worried as trend reversal in the stock market and more selling pressure can act as headwinds for gold, putting a temporary lid on the price in the short term. Due to that, we will pay close attention to Jerome Powell’s speech today and gold’s price action accompanying it. 2022 gold market in hindsight According to World Gold Council, gold demand (excluding OTC) reached an 11-year high in 2022, jumping by 18% to 4 741 tonnes. Investment demand grew by 10%, while demand for bullion increased by 2%. On the other hand, jewelry consumption dropped by 3%, and demand for gold in technology plummeted by 7% due to an economic slowdown. Interestingly, in 2022, central banks were a significant driver of higher gold prices, with a series of large purchases in Q3 and Q4. As for the global supply, it grew by 2% to 4 755 tonnes. Illustration 1.01 Illustration 1.01 displays the daily chart of XAUUSD. The yellow arrow points to the last rate hike by the Federal Reserve’s FOMC, which preceded the price drop. Technical analysis Daily = Bearish Weekly = Neutral/Slightly bearish Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
OANDA:XAUUSD
by Tradersweekly
9
GOLD 4 hour : all scenario on gold in coming weekwhen we was on high ,i say you after touch 1960 area gold can start down trend , do you remember? what happening? stpud Mr Powel again harm market and gold break 2 important trendline in high (see chart exactly ) i belive gold reach low and touch fibo 161% (again see chart red fibo 161%) so many pro traders and bank traders will looking for buy 60% gold will go up to green fibo 61%(if break it can flyup to 2000$) (in way to 2350$) i strongly thins this is normal mini crash on big up trend to 2350 !!!!!!!!!!!!!!!!!!!!!!!!! let see gold futures daily and AC indicator (it was give buy signal but price break low and this man signal switch to sell in AC ) if gold break low (we must put sellstop in last low 1899) 2 place will i pick buy specialy 1810 area is very important as i mention before ( above green arrow after PINBAR comes we must buy with Sl in pinbar low,,,like always ) for hold 15-20 day to new high (dont close this 2 buy soon) if you have old sells or hedge = i advice you close 50% of them now (monday after buy pinbar come on 1h-4h-daily chart) and dont close your buys sooner than green fibo 61%=1920 if gold can go down close other sells near 1810 then wait 2-3 week for next high wish you win be careful from sell , gold each second can fly up if you have buy in up dont fear (main trend is + up and gold soon or late will back to high) just put hedge sellstop in low then wait up trend apear (in next low close sells,,in high close buys,,,never close sell frist =margin call)
FX:XAUUSDLong
by ramin_trader2006
2
gold 1 hour : i say you gold low fibo 61% and fibo 161% agree?yesterday gold go down and touch left red fibo 161% (see chart red fibo) then as predict yesterdday move up and touch green fibo 61% true i pick buy in yesterday low ,,can you buy in low? comment me below please now we have buy pinbar on gold futures daily and AC indicator have buy signal (if low break AC buy signal will switch to sell) MAIN INDEX LIKE DAX AND DOW AND NASDAQ HAVE BUY TOO ,DONT PICK SELL sorrily technical say gold have buy and want touch 1965 even 2000 so we must put buystop above today high (i put this too) and looking for buy PINBAR for buy and put SL in pinbar low understand? for sell we need gold break again red trendline and 1919 area then we can looking for sell do you have old sells? (against my analyse?) you must must put hedge buystop on today high near 1930 ,,,break 1930 high can explode gold to 1965 good luck,,,if you have any question,help comment below or contact my telgram (adress in my profile)
FX:XAUUSDLong
by ramin_trader2006
4
gold 1 hour :do you think gold can go to 1807 (fibo 61% daily) ?do you know on gold futures we have new gap? comes from contract change let see gold futures daily chart candel and AC indicator and fibo61%(gold low fibo61 nad 161 toooo much) old important strategy with 70 win to 30 SL = 3 angel strategy : when you see 3angel on gold 1h-4h-daily dont fear put buystop on last high,sellstop in last low (SL = opposite side low,high) personally i dont have sell yet,but i know many traders,friends have old sells, so i hope gold start down trend 9reach 1807 can take 3 month so they must be very patient) note= like always near arrow i show on chart,after PINBAR we can pick order ok? so save them in your mind or draw arrow on yourself chart IF BAD SECANERIO HAPPEND I WIL SELL IN 1960 (AFTER PINBAR COME0 AND WILL HOLD IT 10 DAY TO LOW WISH YOU WIN AQND CAN BE PATIENT TOO MUCH , HURRYUP IN THIS GAME = LOSS
FX:XAUUSDShort
by ramin_trader2006
gold daily : what big banks trader think they think buy gold above green arrow and hold them 2-3 month to high (gold upper target is 2350) personaly i think gold is in high and it is pullback time (gold when want switch trend,turn range frist 5-6 day) in 1965 support,after pinbar comes on 1hour or 4hour or daily chart i will sell and hold it 2-3 week (sl=pinbar high0 if gold can break very important red trendline , i will looking for sell pinbar for pick sell above green arrow i will buy after pinbar appear for hold 30-40 day to high note= AC daily is red (if high not break) 90% down trend will start (if high break always AC signal switch to buy) do you have old sells? dont pick more sell ok? add sell will increase your risk,loss ,,,,you must wait 1 month and close all(o hedge) above green arrow 1877 (when you see daily buy pinbar) good luck be careful from sell ,gold and index love buy ,,, always i must say this secret for win in trade but anybody dont hear me = dont use levrage above 1-10 high levrage=high size = maargincall ,,,, you must must put SL in last high low , pro traders eat 80 Sl and 20 TP 9but big) eat SL show pro + traders,,,, remove,touch SL show new trader and loss traders
FX:XAUUSDShort
by ramin_trader2006
10