Gold Trend directionGold 96400 has diverged Volume. 97380 to 96215 will acts as resistance zone. We expect Gold to move further in to the zone and then will fall back.
MGC1! trade ideas
Market Closed, Breaking Down Gold Outlook...While the market is closed you take the time to clear you thoughts and reset, preparing for a new week. making notes on what I'm thinking we can expect from Gold the coming week. I'm thinking they want to move bullish but I need to see how they want to play it Monday. Monday needs to break levels and hold above those levels to give more confidence hat they want to push bullish. We should find a entry after seeing that.
GOLD sellers pushes to $3000
Logic behind this idea;
1. Structural break of last support
2. Five legged down of wave 'A' in wave signifies further five wave down for wave 'C'
3. Weekly candle losses its 50% support
4. Weekly price not able to break previous peak and subsequently closed below MSS
5. All these criteria will get valid if the price fell below $3180 next week
Gold trend directionGold 92480 is showing signs of increasing volume. We expect Gold will drop to 90575 to complete the accumulation and move higher.
2025 Gold Rush📈 Gold Investment Guide: Stocks, ETFs, Futures 🚀 (May 19-25, 2025)
Gold’s shining bright at ~$3,203/oz! 📊 With prices eyeing $3,200-$3,300 next week, here’s how to invest via stocks, ETFs, & futures. Bullish vibes from central bank buying & geopolitics, but watch for pullbacks to $3,120-$3,167. 🧵👇 #Gold #Investing
Best Strategy: Diversify!
• 🪙 Miners (50%): Barrick Gold (GOLD HKEX:GDU1! CMCMARKETS:GOLDM2025 ), Agnico Eagle (AEM), Harmony Gold (HMY) for big gains.
• 💰 Royalty (30%): Franco-Nevada (FNV) for stability.
• 📈 ETFs (20%): SPDR Gold Shares (GLD) for simplicity.
Pros: ✅ Miners crush it in bull markets (AEM: 401% Q1 earnings! 🔥) ✅ Hedge vs. inflation & chaos ✅ Easy to trade vs. physical gold ✅ Dividends from AEM (1.5%) & FNV (1.2%)
Cons: ❌ Stocks swing 5-10% daily ❌ GLD: No dividends ❌ Miners face cost risks ❌ Dollar strength could cap gains
Trade Setups (3:1 reward:risk):
• GOLD: Buy @ $20 | Stop: $18.80 (6%) | Profit: $23.60 (18%)
• AEM: Buy @ $106.45 | Stop: $100.06 (6%) | Profit: $125.61 (18%)
• HMY: Buy @ $10 | Stop: $9.22 (7.8%) | Profit: $12.34 (23.4%)
• FNV: Buy @ $130 | Stop: $122.20 (6%) | Profit: $153.40 (18%)
• GLD: Buy @ $250 | Stop: $235 (6%) | Profit: $295 (18%)
Futures (COMEX GC, ~$3,205/oz):
• Buy @ $3,205 | Stop: $3,012.70 (6%) | Profit: $3,781.90 (18%) | ⚠️ High risk!
Tips: 📲 Trade via brokerage; set stops/profits. 👀 Watch AEM’s Q2 earnings (7/30) & Fed moves. 📉 Resistance at $3,238-$3,501.
Verify prices & consult advisors. Let’s ride this gold wave! 🌟 #GoldRush #Finance
3 Bar Uptrend Line in Gold Intact!Hey Traders so here is an example of how to trade the uptrend in Gold. Watch for pullbacks to the trendline then place trades and use risk management. This is why you don't need indicators all you need is a simple trendline, basic fibonacci levels and support and resistance knowledge. As you can see sometimes these 3 bar Trend lines can be the actual long term trend!
Here is a close up of why want to draw the trend line early.
Hope it helps your trading,
Enjoy!
Clifford
Gold weekly overview and Outlook for next week
Expecting a push up on gold based on 4H fractals. Internal Ranges suggest bullish price action. Need to see where we are going to open.
Gold- 50 day ema in playAs my bearish gold call materializes, I must be aware of the 50 day ema. For all the reasons previously stated, gold is moving lower and it makes sense based on the patterns, divergences, support broken, etc. However, the 50 day ema support level can easily wipeout bearish sentiment if it holds. The 50 day ema is far more powerful than the multiple reasons to short gold. It is such a widely followed indicator and it lets new buyers come into the market to halt the price decline and further more, there will be a cohort of traders that close (buy) their short positions at the 50 day ema. So it almost becomes a self fulfilling prophecy.
Gold had Swept Lows and Filled Bullish Gaps! Reversal next?This is price action that I was patiently waiting for. Now that we have that sweep lows Im looking for signs price want to turn around. It can remain bearish for now. But Im expecting to see something clear by the time we get inside of the killzone.
Gold Selling Continues While Equities Were MixedThe S&P and Nasdaq finished the session today with slight gains while the Russel decreased near 1%, with tech leading the way higher for equities. Along with that, the precious metals saw more selling pressure today with Gold, Silver, and Copper all trading lower today with Silver leading to the downside, decreasing by over 2%. Looking at a daily chart for Gold, the market has been trading out above the 50-day moving average since January of this year, and the current selling pressure has sent the Gold market back down toward this level.
Gold has been on a strong push higher since the start of the year, achieving a new all time high on multiple occasions and being up over 20% even with the recent decline in prices. The Fed environment and inflation landscape can have a large impact on the global price of Gold, and the potential changes in interest rates and inflation data could be adding to the volatility seen since the recent all time high from April 22nd. Tomorrow, there is a large slate of economic data along with remarks from Fed Chair Powell which could potentially spark catalysts for Gold prices as we wrap up the week.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
*CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc.
**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
Gold trend directionGold 93239 is on support and volume diverge suggests good accumulation.
Above 93700 it will be bullish for target 96048
Solid Trend on Gold. How will we close the week?Looking for the bullish activity to continue as we close out the week. but being that it is Friday we must keep expectations low. Friday is notorious for doing whatever it wants. Patience! Wait for Killzones.
We need SWEEPS on Gold for a Bigger movePatiently waiting for gold to give us impulsive activity to indicate for a much bigger move. Need it to break outside of the current value first before I'm interested in a solid direction.
GC - Gold digging for a possible ShortAfter reaching WL2, we saw a sharp pullback followed by an immediate double top. Price failed to reach the centerline of the yellow fork, instead stalling at the 1/4 line.
Then came the break of the lower median line (L-MLH), a pullback to the white WL1—then the drop began.
If this market can’t push to new highs, we’ll likely fall back into the median line set. A pullback to the upper median line (U-MLH), as indicated by the red arrows, is a probable scenario.
Next stop: the white centerline.
I trade tiny. I trade with extremely high risk-reward setups. I’m fine getting stopped out all the time —because I’m hunting huge moves.
I don’t chase. No FOMO.
It’s how I sleep well, make money from trading and keep my stress level very low.
Long & Short on Gold gold is approaching a trendline where price can continue going higher or reject again and sell again
Waiting on train line confirmation for goldGold has been in a bullish trend last week. GC just hit higher highs. We’ll see if it breaks the trend-line and continues to the upside or bounces back and changes to bearish trend.
GOLD SHORTClosure below ema and price retraced back to emas then showed selling pressure to down side
Gold Futures Analysis: Trade Plan COMEX:GC1!
Gold remains in a strong uptrend on the higher time frames, having recently broken above the $3000 level. This move sets the stage for further upside potential. The chart below highlights a Megaphone chart pattern, signaling volatility and broad price swings.
On the 4-hour chart, a pennant pattern is emerging within the uptrend, marked by a downtrend line from the recent highs. Additionally, an inverse head and shoulders pattern has formed, with a decisive breakout higher towards the 2025 CVAH. This level coincides with a high-volume node (HVN) and the edge of the value area distribution for 2025, suggesting it’s a key point of interest. Some consolidation is expected here before we either continue higher or see a rejection that could pull price back toward the uptrend line.
Scenario 1: Continuation Higher, Capped by 3400 Level
In this scenario, we anticipate further consolidation within the pennant on the 4-hour timeframe. After a brief pause, gold could continue higher, testing the 3400 resistance level. If momentum remains strong, we expect to see price consolidate within the pennant pattern to build energy for the next leg higher.
Scenario 2: Rejection at CVAH
In this scenario, gold struggles to sustain the move higher after breaking out from the inverse head and shoulders pattern. A failure to maintain the rally above the CVAH could lead to a rejection, followed by a retracement within the pennant structure. This would likely set up further consolidation towards the 3200 level before the next move up, possibly testing the uptrend line for support.
Our thoughts:
Gold is currently navigating an important juncture, with key levels at 2025 CVAH, 3400 and 3200 in focus. The near-term direction will depend on how price behaves within the pennant, as well as how it reacts to potential resistance or support levels. Traders should stay alert for volatility, as the consolidation phase could resolve in either a continuation of the uptrend or a pullback towards the trendline. Flight to safety, rising yields and geopolitical tensions will play a key role in shaping sentiment and trend in the Gold market.
Gold Fib-extension, Almost got every level hit by cup-n-handleJust a simple use of Fib extension with basic settings and reversed to show what a twin peak can do if inverted...
hit pretty much everything.
Don't use the fib extension on meaningless points....make sure they are substantial as in extreme pivots, or a pivot top to bottom and then the top or plateau of that bull trend up.
4hr close up...kinda close eh?:
