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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Double Top Breakdown at Resistance ZoneThe chart reveals a classic Double Top pattern formation near the 3,360–3,480 resistance zone, followed by a clear bearish rejection (highlighted with red arrows). This confirms the presence of strong supply pressure in that region.
🔍 Key Technical Highlights:
🔺 Double Top Pattern
The price formed
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
STEEL-NERVE SETUP – ARE WE RE-LIVING GOLD’S 2020 BEAR-TRAP?Retail sentiment is ultra-bearish, positioning is cooling, Silver is outperforming and the S&P 500 is screaming risk-on … exactly the cocktail we saw in June 2020, right before Gold & Silver exploded higher.
1️⃣ WHY THIS FEELS LIKE 2020 AGAIN
2025 (now) 2020 (pre-rally) Read-through
> 70 % of Tradi
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
Long & Short Entry Forecast For GoldCooling war tensions seem to be cooling the Gold bullish rally as well.
But we're still in the same range since April 15th and will likely stay in the range until further notice *or the next tweet*
The Sell entry is great now cos we're near the top of the high volume node, so even if we consolidat
See all ideas
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 3,343.00 USD — it has risen 0.19% 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 151.00. 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 3.09 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.