How to Trade Double Tops & Bottoms in TradingViewLearn how to identify, validate, and trade double top and double bottom reversal patterns using TradingView's charting tools in this comprehensive tutorial from Optimus Futures. Understanding these classic chart formations can help you spot potential trend reversals and capitalize on contrarian trad
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Gold Futures (GC1!) – Accumulation Brewing? Major Move IncomingGold has been stuck in a tight range since April, and to me, this looks like a textbook accumulation zone forming on the daily chart.
Price is coiling within a defined box, showing signs of both strength and weakness — classic behavior before a manipulative move (fake breakout) followed by distribu
Gold, GC!, Sideway to the Downside (Long Term)06/30/2025, 10:30 PM PT
GC! is currently at its max around 3,500.
On the Weekly MACD, the crossover between MACD lind signal line already happened. There is also a bearish divergence on weekly chart.
On the Daily chart, RSI just crosses below 50 on RSI, and MACD shows weakness on the bull (
Possible Heads & Shoulders FormingWhen you see the inverse Heads n Shoulders forming, its hard to unsee it. I love this because it's lining up perfectly with the VAL of the intra day range and LVN ..This long trade is in line with my last week and current week forecast. We already hit TP1, TP2 is looking very likely after the pullba
$GC / $MGC /Gold - Elliot Wave Analysis - Weekend Update - 7/6Hello fellow gamblers,
As we prepare for a new trading week, I revisited my EW count and was able to come up with 2 scenarios to present to you today.
- For our bullish scenario, I am looking for a break above 3418 and my next target will be at the 3574 - 3525 range.
- For our bearish scenario,
Gold Short Source, Trust me bro.
I mean well its in a downtrend and the price just keeps hitting lower, the 4h reacting very bearishly and the 1 day also didnt say much more than daily downtrend (recently).
So i think i have good confidence in this trade as i took the long pullback trade yesterday and the
Will The new Week kick off more bullish Pressure for GOLD?looking for more bullish activity this week but need to sit on my hands for now to see if they establish a Low for the week first. Once we see that and start to see HH's made then we can consider a entry to get in on the move. I cant rush it though. Have to be patient.
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of 1-Ounce Gold Futures (Aug 2025) is 3,335.50 USD — it has fallen −0.22% in the past 24 hours. Watch 1-Ounce Gold Futures (Aug 2025) price in more detail on the chart.
The volume of 1-Ounce Gold Futures (Aug 2025) is 3.45 K. Track more important stats on the 1-Ounce Gold Futures (Aug 2025) chart.
The nearest expiration date for 1-Ounce Gold Futures (Aug 2025) is Jul 29, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell 1-Ounce Gold Futures (Aug 2025) before Jul 29, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For 1-Ounce Gold Futures (Aug 2025) this number is 2.71 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for 1-Ounce Gold Futures (Aug 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for 1-Ounce Gold Futures (Aug 2025). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of 1-Ounce Gold Futures (Aug 2025) technicals for a more comprehensive analysis.