Bullish on Gold for 2025 First id like to give credit to the indicators you see before you, Market Cipher and LuxAlgo.
The bottom indicator is the free MACD.
Tracking COMEX:GC1! since the start of the year we have had a positive past 2 weeks and snapped out of the downtrend from last month.
Keeping it simple I like to throw a Volume weighted Average Price (VWAP) to start the year.
The VWAP provides a more accurate representation of a security's average price over a trading session by factoring in both price and volume. This helps traders understand the true market sentiment.
Moving Down I want to only touch upon the green transparent money flow which helps determine if the flow of volume is either coming or going aiding in my analysis. Metaphorically, its like the relationship between water and life. More water, more growth. Green is positive red is negative.
Finally, The MAC D I just love to throw in for additional confluence and reassurance. Times likes these when I find beautiful connections between different indicators which otherwise have no connection. Viewing the vertical dotted line, just admire the relationships.
P.S. No positions currently, just looking for some more possible interaction with the VWAP in the future or for the MAC D to cool off like the other vertical lines. Looking for patterns keep me patient . This is a lesson that took me a long time to learn, and to unlearn any bad habits I formed.
Tradingview does a phenomenal job at supplying so many original ideas old and new of indicators you can fit together like Lego pieces. Many more ways to spin the chart, endless ways to express your ideas. So don't be afraid you share you're ideas with the community, the more the merrier.
