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Gold-futures

Gold Potential bullish rise | 28th Apr 2022On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1922 where the pullback resistance is from our 1st support at 1883 in line with the horizontal swing low support and 61.8% Fibonacci projection and 127.2% Fibonacci extension. Alternatively, price may break 1st support structure and head for 2nd support where the 161.8% Fibonacci extension and -27.2% Fibonacci expansion is at 1863. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COMEX:GC1!Long
by Rockqet
Gold Potential rise | 27th Mar 2022On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1922 where the pullback resistance is from our 1st support at 1895 in line with the horizontal swing low support and 61.8% Fibonacci projection and 127.2% Fibonacci extension. Alternatively, price may break 1st support structure and head for 2nd support where the 161.8% Fibonacci extension and -27.2% Fibonacci expansion is at 1863. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COMEX:GC1!Long
by Rockqet
Gold futures, H4 | Potential for bounce! Type: Bullish bounce Resistance : 1949.2 Pivot: 1916.8 Support : 1904.5 Preferred case: Prices are consolidating in a triangle pattern. We see the potential for further bullish continuation from our Pivot at 1916.8 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1959.0 in line with 100% Fibonacci Projection . Our bullish bias is further supported by RSI being at levels where bounces previously occurred. Alternative scenario: If prices were to reverse, they can potentially reach our 1st support at 1904.5 in line with 78.6% Fibonacci projection . Fundamentals: With continuation of Russo-Ukraine invasions and inflation, we might expect a slight bullish turn towards the precious metal.
COMEX:GC1!Long
by Genesiv
How I Use Auto Anchored VWAP To Trade GoldGold has been one of the most bullish markets on my charts this year until the past couple of sessions...I have now turned bearish Gold looking for a test of 1913 in the coming sessions. In this video I explain why I have now turned bearish Gold and more importantly I share my process for trading Gold Futures using the following indicators; TradingView's new Auto Anchored VWAP, Bollinger Bands and my Beacon Indicator. I also go over what levels will turn me bullish again in Gold and why I believe Gold Futures and Micro Gold Futures are the best products to use for trading the price action in Gold. Past performance is no guarantee of future results. Derivatives trading is not suitable for all investors.
COMEX:GC1!Short
by anthonycrudele
45
GOLD FUTURES - CONSOLIDATION MODE !Sharp rally seen yesterday which pushed the Gold Futures to an intraday high @ $ 1'976.50. An healthy corrective and consolidation move took place and this recent price action should be seen as a constructive price action calling for further upside over the upcoming trading sessions. Tenkan-Sen @ 1'911 should be the first level to look at on a daily closing level as a failure to hold above this point would put some selling pressure towards the Kijun-Sen @ 1'878, already been tested recently. Below the MID BOLLINGER BAND, currently @ 1'851 remains a good indicator and should be used as a BAROMETER ! The Lagging Line on a DAILY basis is far above the clouds. 4 HOURS (H4) The yesterday's low reached yesterday @ 1'878 coincides exactly with the top of the 4 hours clouds support and the clouds worked perfectly well in rejecting, so far, the downside breakout attempt. In this H4 time frame a failure to hold above the clouds support zone (1'860) would postpone a little bit the expected bullish scenario, calling for higher levels CONCLUSION : A FIRST BREAKOUT OF THE DOUBLE BOTTOM TRIGGER LEVEL @ 1'919 OCCURED YESTERDAY AND SHOULD BE CONFIRMED ON A WEEKLY CLOSING BASIS LATER ON TODAY. A CONFIRMATION WOULD OPEN THE DOOR FOR THE TECHNICAL TARGET OF THE DOUBLE BOTTOM @ $ 2'161 IRONMAN8848 & Jean-Pierre Burki
COMEX:GC1!
by Ironman8848
GC1! H4 | Potential for bullish continuationType : Bullish continuation Resistance : 1909.2 Pivot: 1888.23 Support : 1867.1 Preferred case: Prices are consolidating in a parallel channel and are on bullish momentum. We see the potential for further bullish continuation from our Pivot at 1888.23 in line with 23.6% Fibonacci retracement , 61.8% Fibonacci extension and 38.2% Fibonacci retracement towards our 1st resistance at 1909.2 in line with 100% Fibonacci extension and 127.2% Fibonacci expansion . Prices are trading above our Ichimoku clouds further supporting our bullish bias. Alternative scenario: If prices were to dip, they can potentially drop towards our 1st support at 1867.1 in line with 38.2% Fibonacci retracement . Fundamentals: Fed's re-iteration of the possibility of a 100bps hike of Fed funds rate by 1 July and also further escalating of tensions from Russo-Ukraine crisis will support further rally on the Commodity. We will urge investors to exercise prudence when trading today as we expect high volatility amidst the FED speeches and major data releases tonight. (Fed Monetary Policy Report, CFTC Gold speculative net positions etc.)
COMEX:GC1!
by Tickmill
GC1! H4 | Potential for bullish continuationType : Bullish continuation Resistance : 1909.2 Pivot: 1888.23 Support : 1867.1 Preferred case: Prices are consolidating in a parallel channel and are on bullish momentum. We see the potential for further bullish continuation from our Pivot at 1888.23 in line with 23.6% Fibonacci retracement, 61.8% Fibonacci extension and 38.2% Fibonacci retracement towards our 1st resistance at 1909.2 in line with 100% Fibonacci extension and 127.2% Fibonacci expansion. Prices are trading above our Ichimoku clouds further supporting our bullish bias. Alternative scenario: If prices were to dip, they can potentially drop towards our 1st support at 1867.1 in line with 38.2% Fibonacci retracement. Fundamentals: Fed's re-iteration of the possibility of a 100bps hike of Fed funds rate by 1 July and also further escalating of tensions from Russo-Ukraine crisis will support further rally on the Commodity. We will urge investors to exercise prudence when trading today as we expect high volatility amidst the FED speeches and major data releases tonight. (Fed Monetary Policy Report, CFTC Gold speculative net positions etc.)
COMEX:GC1!Long
by Rockqet
Gold Tests Higher Levels- GOLD ANALYSIS 13.02.2022Hello my friends, today I want to talk with you about GC (gold) Amidst the equity market rout on Friday, Gold made an attempt to break out. The weekly chart shows a decent attempt to close higher than previous weeks (to months), but closed the week short of breaking out. The daily chart reflects that attempt and the breakout was not sustained, although it clocked a higher high. Technicals appear to be turning bullish Through my analysis, I see that the price will go to the target 1 and 2 in chart So be ready for such scenario. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you
COMEX:GC1!Long
by ZAKNOGO
1
GOLD (XAUUSD): Key Levels to Watch Next Week 🥇 Hey traders, For the last 8 trading days, gold remains quite weak. Here are key levels to watch next week: Support 1: 1758 - 1764 demand zone Support 2: 1718 - 1726 demand zone Support 3: 1674 - 1682 demand zone Resistance 1: Major falling trend line connecting the last 3 lower highs. Resistance 2: 1873 - 1880 supply zone Consider these key levels for pullback/trend-following/breakout trading. Wait for a confirmation on a key level first before you open a trading position. ❤️Please, support this idea with like and comment!❤️
OANDA:XAUUSDLong
by VasilyTrader
35
MarketBreakdown | GOLD, EURCAD, Dollar Index, EURCHF Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ Gold (XAUUSD) - 4H time frame 🥇 After a strong bullish rally, the market is currently accumulating. We see a sequence of equal highs around 1870 level. At the same time, the price keeps setting higher lows respecting a minor rising trend line. Bullish breakout of the underlined horizontal resistance will most likely lead to a further bullish continuation. In case of a bearish breakout of a trend line, a correctional movement may start. 2️⃣ EURCAD - Daily time frame 🇪🇺🇨🇦 After a 1 month-long consolidation within a horizontal trading range, bears finally broke that with a high momentum bearish candle. Taking into consideration that the pair is trading in a long-term bearish trend, I will expect a further bearish continuation now. 3️⃣ Dollar Index (DXY) - Weekly time frame 💵 Greenback managed to violate a key weekly structure resistance level to the upside. It opens a potential for a further bullish continuation up to 97.0 level. I guess that the next bullish wave will initiate after a pullback. 94.0 - 94.7 is our major demand zone. 4️⃣ EURCHF - Weekly time frame 🇪🇺🇨🇭 The market is approaching a major weekly key level at the moment. 1.05 is the level on focus. From that, we will most likely see a pullback. Look for a confirmation on lower time frames to buy safely. ❤️Please, support this idea with a like and comment!❤️
OANDA:XAUUSDLong
by VasilyTrader
14