GOLD BUT OPPORTUNITYThe price has reached the bottom of the channel,
and has reached its breakeven
a great support area
To increase the percentage , entr with Signal Bar Key bar
Tp1: 2.800
Tp2: 2.820
PS : 2725
COMEX:GC1!
Contract highlights
Gold in weekly chartHello guys
This is my last analysis.
I hope all of you have found your way in this tricky market and for now I just want to show you how XAU will fluctuate in the next weeks. I am not 100 percent sure if wave (iv) has started or not but if it has started then all swing traders should be more careful
How to Manage Gold RisesGold is likely to continue its upward trend.
And how I have been managing it both as an investor and a trader for the Gold. I hope this tutorial will be helpful for two groups of people:
1. Those who already have some positions and would like to know how to accumulate more, and
2. Those who do n
Gold's Bull MarketThis is what's happening.
A series of measured moves
Expecting a pause here should be expected
#gold
$3200 targetLast month saw a mostly engulfed candle for #gold futures.
I've just noticed that gold likes like 50% moves at a time during bull markets 👍.
Gold Update: Post-Election WeaknessThe price of gold typically drops after U.S. elections, and this time is no different.
This weakness coincides with the expected wave count on the chart, as Wave 4 correction was anticipated. (see related)
Wave 3 is extended, and so is sub-Wave 5 within it, which is a common pattern for commodities
Gold's potential to push higher todayGold's potential to push higher today can be attributed to a few converging factors despite recent volatility. The metal saw significant downside pressure yesterday, likely due to profit-taking after recent highs, yet it remains supported by ongoing geopolitical tensions and renewed demand for safe-
11/1/2024. GOLD key areaDaily and hourly chart (left).
The daily push higher is in jeopardy, key areas on 1 hour chart failed.
Hourly Buyside hold points: 2762, and 2765. Target of 2771 did hit this hour, but failed to hold both TGT and BKH points.
Sell stops at 2760 and 2758.
The Importance of Financial Discipline in TradingThe Importance of Financial Discipline in Trading: A Pathway to Lasting Success
Achieving consistent success hinges on one fundamental principle: financial discipline. This concept encompasses adherence to a well-structured trading strategy, effective risk management, and emotional control. Distin
GOLD BUT OPPORTUNITYThe price has reached the bottom of the channel,
and has reached its breakeven
a great support point
To increase the percentage , entr with Signal Bar Key bar
Tp1: 2.800
Tp2: 2.820
PS : 2725 COMEX:GC1!
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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 nearest expiration date for Gold Futures (Apr 2021) is Apr 28, 2021.
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 Gold Futures (Apr 2021) before Apr 28, 2021.