GC1: Sell ideaSell idea on GC1 as you can see on the chart because we have the breakout with force the support line and the vwap indicator....Shortby PAZINI19Published 7
This is Wyckoff VSA Buying at a Supply Line with SMIIn this short video, Author of "Trading in the Shadow of the Smart Money", Gavin Holmes, explains a very important set up to go long. It is called buying into a supply line and is clearly shown in this video. Long10:22by gavinh10277Published 4
SPY/QQQ Plan Your Trade Update For 9-17 : Wednesday is CriticalIf you were paying attention to my SPY Cycle Patterns today - boy, a beautiful "top" pattern setup today. Just like my SPY Cycle Patterns predicted more than 3 years ago. If you've been following my research, you already know I've identified dual excess Phase Peak patterns that should resolve into a rollover topping pattern, sending the SPY/QQQ moving downward towards the end of this week (Sept 19-20). If the current Ultimate High price level continues to act as resistance, there is a real potential for the SPY/QQQ to move into a downward momentum breakdown the following week (Sept 23-30). But, the one thing that throws the whole topping pattern into a mess is that the RSP has already broken to new ATHs and appears to be attempting to hold above the previous high-price fractals. Thus, we are seeing the equal-weighted S&P already moving into a broad value-based rally phase. Watch this video to understand why I continue to suggest traders avoid engaging in any big trades or get greedy, thinking they are going to WIN BIG on their trades. Yes, I'm sure some people will hit their targets over the next 3-7+ days, but others will get run over (hard). Unless you really like taking the risk of getting run over by the markets or market makers, I suggest sitting back and reading a good book while the markets or traders struggle to find their exits. One thing is certain: the markets will move into a trend by the end of September—either into a breakaway rally phase or into a rollover topping phase. You'll have lots of time to position for these trends because my research shows the next cycle phase is October 7-10 (nearly two+ weeks away). So, why stress out about tomorrow's Fed Rate decision? Just sit back and wait for the markets to give you a clearer understanding of what's next. I'll create another morning video tomorrow morning. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short18:53by BradMathenyPublished 228
WE ARE CLOSE TO END OF *GC* BULLISH STORYIn the monthly time frame, I can see that 2647$ for the GC is the end of the story you can enter for a short position at this price, with a max of 25 pips SL, the correction range is 1500 to 1800 pips.Shortby Defi_magicPublished 5515
GOLD FUTURES SHORTAnalysis - Market reaches for trendline which would be a retest of a bullish trend - Once trend line has been touched the market can potentially move into the previous resistance level turned to support and continue its bullish momentum. Shortby vargastradesPublished 222
GOLD MCX:GOLD1! Weekly bullish chart setups with parabolic formation in India MCX market, whereas Gold comex trading at new lifetime high. Macd shows positive momentum with like a fast and furious moves possible in near future.Longby Jigar_jgdPublished 2
2024-09-18 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr Gold - Bull trap above the bull wedge as I wrote. Bears confirmed it with the close today. I look for shorts tomorrow and expect 2560 or lower to be hit tomorrow. Anything below 2540 would be a huge surprise and we could see an acceleration down to 2500. If bulls reverse this and trade back above 2610, bears will most likely give up until we hit 2700. comment: Another spike and new ath but huge rejection. I do think the rejection was strong enough to expect follow through and test the lower bull wedge trend line around 2550/2560. current market cycle: bull trend key levels: 2550 - 2630 bull case: Bulls tried to break above the bull wedge and failed. Odds now favor a retest of the lower trend line (daily ema is also there), where I expect buyers to step in more strongly again. If bears somehow fumble this again, bulls would need a reversal of the huge 1h bar and get back above 2600. The longer bulls can stay around 2600, the better. Invalidation is below 2540. bear case: Bears want to keep the momentum strong tomorrow (after the 50+ point rejection from the new ath) and test down to 2550. If they somehow manage to break below 2540, we could see an acceleration down to 2500/2520 but I highly doubt that. Since we had a spike up and then a huge spike down, the dominant pattern is still the bull wedge and there is not much more magic to it than what I described. Bears absolutely need to keep it below 2600 to have a chance of lower prices. Invalidation is above 2605. short term: Neutral until bears get follow through below 2570 or 2600 is clear resistance now. medium-long term: 7 consecutive months where Gold barely went below previous month’s low. Strong buying on the monthly chart but also the third push up we are currently in. I highly doubt bulls get another one so if it continues, it’s without me. I am waiting for a bigger correction. current swing trade: None trade of the day: How could you predict those spikes today? You can’t. How can you trade them? Only viable could have been shorting the spike above 2620 but those are hard to take. You would need a wide stop and scale in. One time you short it correctly and make the trade of the week and next time you blow your account if you are not humble enough. Today was no obvious good trade to be honest.by priceactiontdsPublished 2
GOLD Futures bullish flag weeklyAlthough sharing this almost at target near level, sharing this for learning purposes. flag bullish formed in weekly levels. Longby baddonkey99Published 2
Waiting For Pullback Buying in at .5 to the .61 Fib . Waiting For Pullback Longby davidstockswayPublished 1
Gold long termStill going in the right direction. Resistance at 3200 to 3400 area give or take 50. Then next big move up to final target #1 is around 6k and if we over shoot in the madness then 9 to 10k. Longby nsprphPublished 2
GOLD Makes A Big Move Targeting $2720Even though my Gold Cycle Patterns suggested Gold would consolidate a bit in early trading this week, the big breakout move today shows just how undervalued Gold really is. Yes, my Gold Cycle Patterns did not predict this upward price move clearly. This is an example where my patterns/expectations did not match exactly what price did. it happens. You could say my expectations were a bit behind the trend or the trend was a bit ahead of my expectations - but either way this move surprised me. Clearly, gold is making a big move and my upper target is 2710-2720. Today's move will likely stall out near 2685, then contract to levels near 2670-2675. Remember, Gold really wants to rally up to 2710-2720+. So, you have quite a bit of time to play this move efficiently. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long05:20by BradMathenyPublished 1
GOLD TRIANGLE PATTERN - BREAKOUT!Gold Update (1-Day Timeframe) Chart Analysis Bullish Indicators Identified: A triangle pattern is forming, signaling a potential breakout soon. This formation often results in a sharp move, with an expected gain of 1500-3000 points in the upward direction. Key Levels: Buy above 75000 for a bullish breakout. Target Levels: First target: 75500 Second target: 76000 Third target: 76600 Stop-Loss (SL): 74450. Breakout Confirmation: Stay alert for confirmation before entering the trade. Risk Management: Always set a stop-loss to mitigate potential risks. Disclaimer: This technical analysis is based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. IF THIS WILL HELP YOU, PLEASE LIKE THE POST ❤️ Longby Shalvisharma5Published 4
GC Short 09/18/24Selling inside of the previous day premium area. Looking to take out 11am sell side liquidity. Price already showing signs of weakness and looking to trap impatient sellers. Shortby mwcshyPublished 2
2024-09-12 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr Gold - There it is. Another break above, which was expected more than bears breaking below 2500. Bulls want 2600 and I expect more profit taking and more sideways movement at that level. No interest in selling it. gold comment: New ath, which I have been writing about for many weeks now on the premise that as long as bears could not even break below 2500, there was no alternative to being bullish. The breakout was a matter of when and not if. Market refused to close below the daily ema for 5 days despite touching it 4 times. That’s strong bulls scaling into longs. What’s next? We are at the top of the bull channel and every time market made a new high, bulls took bigger profits. Will this time be different? I doubt it. Can bulls break above the bull channel for much higher prices? Doubt that too. Will look for weakness and scalp some shorts tomorrow. current market cycle: bull trend key levels: 2500 - 2600 bull case: Bulls want 2600 and somewhat above to run stops. Nothing unexpected. I highly doubt that have bigger interest in printing much higher than 2600, given the previous sell offs after new ath. 15m 20ema was not touched on the whole move up, so look for longs once we get there before we hit 2600. Invalidation is below 2550. bear case: Bears gave up above 2560 and I can’t see them coming around big time below 2600 so don’t waste energy on looking for shorts until it’s clear that bulls have no interest in buying anymore. Bears need a break of the 15m and 1h ema to begin with. Invalidation is above 2610. short term: Bullish for 2600 and then only interested in shorts again. medium-long term: Will update on the weekend. Bulls are clearly much stronger than most expected. Market refuses to go down. current swing trade: None trade of the day : If in doubt, zoom out. 1h chart showed only strength since Globex. Buy anywhere and make money.Longby priceactiontdsPublished 1
GOLD UPDATE | SEP 2nd - 4thGold Technical Analysis (1-Hour Timeframe) Gold is currently forming an ascending triangle pattern, with strong resistance at 72,748. A breakout above this resistance level could indicate further upside potential. However we can plan our trade from the bottom 71700 towards the 72200 Keep an eye on this key level for potential trading opportunities. 📈 Don't Forget To Push The Boost (Like) Button and Follow Me for more ! Best Regards , Shalvi Sharma Longby Shalvisharma5Updated 5
GOLD FUTURES MCX ANALYSIS ( LOOKING BULLISH )Gold futures looks bullish and we can expect levels upto 82300 once it crosses 76100 in near term ( By 30th November ).levels are marked in chart posted. Before we witness breakout of 76100 view is cautious and one should remain bullish with buy on dips strategy .Longby IshanMathur05Published 2
FOMC event - leaning bearishThe RSI is above 80 and looking at the past times in this area, I think we go lower after the FOMC news. You can call this "Priced in", as we had a run up to this event. I follow seasonality and september is not the best month for Gold. October to december are very good months for gold, so be patient and wait for a pullback Good Luck!Shortby hockeysniperPublished 4
Silver Tracks Gold vs InflationI'll let you guess where silver is heading... #gold #silverby BadchartsPublished 9
SPY/QQQ Plan Your Trade Update : GOLD Breakout WINNERGetting through my morning with phone calls and coding - I took a break to check on the markets and what did I see? A huge breakout rally in GOLD. This huge move higher (+$40) is a massive win for those who followed my Plan You Trade Videos. I've been saying any price move above $2565-$2575 would be a gift and traders should attempt to BOOK PROFITS as Gold moves above these levels. I warned not to hold positions above $2585-2593. In fact, I'm expecting a bit of a metals flash-crash event to take place near mid-October. But, today is a winner day for gold traders. A HUGE WINNER day. I'm so happy to hear from all of you about your success with my Plan Your Trade videos. This is what it is all about - help you become a more skilled trader. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long07:41by BradMathenyPublished 3
NEW LOW.....before todays closing Gold and Silver....CRASHED G+SAfter US open.....Gold and Silver.....Intraday Call........ Operator start works........-02.00% down....In few minutes..... Gold and Silver CRASHED....in next few hourssssss........ Gold......DEC Futures......2580.30 to 2530 2520 2510 in next few minutes.... Gold......XAUUSD......2551.70 to 2510 2500 2490 in next few minutes.... Silver......DEC Futures......29.712 to 28.800 28.600 28.200 in next few minutes.... Silver......XAGUSD......29.388 to 28.500 28.300 28.000 in next few minutes.... SEBI REGISTERED RESEARCH ANALYST......Shortby sebihirengarasondiaPublished 3
GC - short levelI am looking for an opportunity to short the GC at around 2693-94 area. Shortby BlueSecPublished 1
GC - possible short during asian sessionDuring the Asian/European session, there is a possibility of price spiking higher to 2695-96 for a short opportunity. Also it may only go up to 2688, and then fall!!! I usually don't trade during the Asian session, as most of the time price doesn't respect the levels and there is not enough movements... Be careful there !! Watch for a spike up between 8pm and 9pm CST... I may take a long term swing position..Shortby BlueSecPublished 0
2024-09-24 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr Gold - Bull channel from my weekly update was not steep enough. 2700 next. Only look for longs. Can’t stop, won’t stop. comment: Gold broke above my drawn patterns, again. Unreal strength but not unexpected. In my weekly I wrote you should only look for longs. How high can this get? 2700 is almost a given at this point and big round numbers are always decent for a pullback or some stalling. Any long would need a stop 2645 as of now. Can wait for pullbacks to long this. last 10 days has 1 bear bar. Don’t try to be smarter than the market and short it. Although it’s becoming climactic and a pullback is expected, it can go further, so don’t pick tops. current market cycle: bull trend key levels: 2645 - 2700 bull case: Bulls in full control. New low would be below 2645 and that’s far away. I look for pullbacks near ema to long it. Invalidation is below 2540. bear case: Bears want a pullback but will probably have to wait for 2700 now. Best they currently get is to stall the market and make it go sideways. I expect this around 2700 next. There is absolutely no reason to look for shorts on this. Invalidation is above 2710. short term: Max bullishness. medium-long term: Very strong breakout above, again. Market currently has no ceiling. Most likely 2700 next and I do think 3000 could be a potential target if we continue. There is certainly an argument for a measured move based on the bull rally from 2018-08 to 2020-08. current swing trade: None trade of the day: Buying 2650. There were 4 chances where market clearly showed support around that price. Don’t long the first touch of such levels but above the second is good. Longby priceactiontdsPublished 0