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Gold-futures

BTC: Digital gold trades like goldThe correlation coefficient between gold futures and Bitcoin started out negative for a few years, but after Feb '14 they began to move together. BTC and gold have now been in a five year cycle where the correlation will jump to +72, then drop to a higher low, then up to +72 again, over and over. It seems reasonable that the correlation could soon become stronger than +72 at this rate. It adds validity to the "Bitcoin is digital gold" idea. They are both being traded in an increasingly similar way.
COMEX:GC1!
by The_Arena_Trader
GOLD (XAUUSD): Wave Analysis & Cycles. What You May Miss: Since 2018 Gold is trading in a sharp bullish trend. For the last two years period, we see almost 80% net growth. Of course, it wasn't just a single move without corrections. What I have noticed analyzing a weekly chart, is that market makers on gold prefer kind of "harmonic" correction cycles. The last two bullish waves were initiated after a 15% price correction. And you know what: 27th's November this year's low gives us a 15% price correction. And what do we see afterward? Relatively strong bullish move on a daily with multiple breakouts of resistances. It looks like it may lead to a major weekly wave initiation. So our long term bias is bullish. What do you think about this correction pattern? Is it a valid observation? Please, support this idea with like! Thank you!
FX:XAUUSDLong
by VasilyTrader
17
GOLD (XAUUSD) Important Breakout! Where to Buy?! Confirmed and strong violation of a major falling trend line on gold this week. Now the price is trading above a major horizontal structure and the above-mentioned trend line . It is a very strong bullish clue and now bullish continuation is expected. If you missed a long trade, I would recommend looking for a retest of a blue demand area. It is the safest spot to buy from. Just wait for a certain intraday confirmation before you open a position. Next goal - 1920
FX:XAUUSDLong
by VasilyTrader
1
Buy Signal: 1864.7 #goldIngenuity Trading Model- Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
COMEX:GC1!Long
by IngenuityTrading
GOLD multi-timeframe analytics + Entry points and TargetHello everyone! The previous forecast for gold came true and brought us a profit. New idea Now the price has approached the resistance line and the resistance level 1918. It can be seen that Gold is in a falling channel and you can open SELL from the resistance line (although I am selling now, since there is a resistance level and a resistance line on the chart below) --- In addition, I additionally show you important support and resistance lines. If someone missed selling from the support line, then you can sell gold after breaking the support line. The target is a support line around 1840. . In the long term, I expect the price to return to the strong support level of 1790 But I am not sure that the price will not be able to break our resistance line during this time. -------------------------- Check today analysis below⠀ Share your opinion in the comments and support the idea with likes. Thank you all for your support!
FX:XAUUSDShort
by DeGRAM
54
GOLD (XAUUSD): Bearish Scenario For Next Week hey guys, gold just reached a strong falling trend line . for now we see a positive bearish reaction from that and this touch may initiate a strong bearish swing move. I will pay attention to a support line of a bullish flag pattern. in case of a daily candle close below its support, bearish continuation will be highly probable. goal for sellers will be 1860 (current daily low) in case of a bullish continuation above the falling trend line , setup will be invalid.
FX:XAUUSDShort
by VasilyTrader
3
Gold to fall and then possibly bounce from the Support!Gold is rising in the Upward channel. The golden cross indicates the bullish signal , however we see the high overboughts at the ROC and RSI that suggest that the price can fall. Thus , we shall expect either instant rise or the bounce from the local support , as the golden cross has not been very accurate sign for the Gold! If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section
OANDA:XAUUSDShort
by Alexander_Harford
12
Should we expect a C corrective wave on XAU/USD Futures?Main items we can see on the chart: a) The price has reached the all-time highs zone and started a corrective movement b) Now, we will focus on the possible paths inside the correction c) The main aspects we can see are: The ascending trendline has been broken / We have a clear edge for the corrective movement (parallel lines) d) Based on those items, we expect a bearish movement towards the next relevant level ( Support / Resistance zone) 1800/1780 Tell us your view on the comments!
COMEX:GC1!
by ThinkingAntsOk
4
GOLD (XAUUSD) Weaker and Weaker!!! What's Next??? Gold is becoming weaker and weaker. lower highs are closer and closer to a yellow horizontal daily structure support . this trading week the market was phenomenally slow and we didn't see even 1 strong bullish / bearish candle. currently, it is better to stay away from gold and wait until the market will start moving. I am waiting for a high momentum bullish / bearish candle to break either current structure support to the downside or the last lower high level to the upside to look for some opportunities. for now just patience. let's see how long the price will keep being paralyzed.
TVC:GOLD
by VasilyTrader
19