Idea About the GC1!one of my Wyckoff learning and training. right now I'm neutral about the gold because the price came with a lot of momentum. We will need to see the price's behavior.by itaydalumi42
sellselll now i dont need this idea to be anymore time consuming or complicated. it works the way it is... tyShortby PMportal1
Small Window of opportunity for the HOUSE to go SHORT...?COMEX:GC1! I have been watching GOLD very very closely as it has been trending very heavily to the upside with very little opportunity if close to none to play SHORT...Now after much down time and patience we may finally have an opportunity. Here is what I will be looking for to go SHORT! 1) Buyers have pushed price up and broke a strong monthly resistance level around around ($2060.00) ***On the 4Hr TF we already have a strong rejection at that level with a minor resistance level also ($2165.0) that sellers have rejected and now pushing price lower... 2) I want to price close below ($2060.00) on both the 30&15m candle with enough conviction below for me to be interested in participating SHORT. ***Remember this trade will be considered counter trend so we need to be skilled in our entry and ever more the exit... 3) If we can get the close below monthly resistance level ($2060.00) on the 30&15m candles and PA trading underneath the red VWAP then I will be highly interested in going short targeting the next major 4Hr Demand Zone.... ****Remember nothing is set in stone we simply play the longterm game of probability... Now lets sit back N stalk like the Saltwater CROC!!! Waiting for further confirmation to enter... Shortby TreyHighPwrUpdated 4
Gold COMEX Future - Intraday Levels - 7th March 2024 For your Analysis and Study only If Sustain above 2156 then 2170 to 2172 then 2199 to 2202 If Sustain below 2156 then 2141 to 2139 then 2131 then 2110 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkarUpdated 0
💥Golden Opportunity Part 1🦸♂️🔮Am just from watching Mike Maloney's video on Youtube where he is talking about the pan and handle pattern when you have time you should check it out. -- I love trading and learning about gold and silver because silver was the first asset i learnt how to buy before i became a forex trading expert -- Have you heard of the Rocket booster strategy? its a very simple beginners way of understanding techinical analysis: Here is the rocket booster strategy: -- Price has to be above the 50 EMA Price has to be above the 200 EMA The 50 EMA should cross above the 200 EMA -- This coffee am drinking has given me a boost to write this article for you to learn more check the resources below. -- Also notice that the DMI below this chart is green? that means this asset price is in an uptrend and the crowd knows about it -- When you see this imagine a big crowd rushing to buy Gold. -- Rocket boost this content to learn more. -- Disclaimer: this is not financial advice take this warning you will lose money trading learn risk management and trade safely.Longby lubosi1
Extended Trend On Gold4 hour chart is entering the 7th wave 1 hour chart is entering the 11th wave 15 min chart is inside of the 4 hour supply zone (market edge. We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate. However if price follows the 4 hour pullback then we could see a drop all the way to 2095. Shortby thechrisjuliano1
GOLD XAUUSD GC LONGYet another very strong Daily close on Gold. DOL is Thursdays high. I want to see h1 bullish arrays respected to then look for M5 bullish displacement for long entry.Longby Tradius_Trades1
The unstoppable GOLDUS$ weakness fuels GOLD to move up. GOLD futures are in wave 'C' of ABC recovery wave.Longby selvamB113
XAUUSA/GOLD MOVES 2OK, I did some checking and I came up with this.... *1st will see what move gold is going to take.. if it breaks the top line, I buy, but if it goes down .. I wait for the conformation candle and place my sell positions still advise to test with demo account just to see if my strategy works or fails by Forex_Gremlin3
XAUUSA/GOLD NEXT MOVEMy analysis on GOLD 🥇 if the first candlestick breaks...place buy trade.. USE demo account to test this signal LONG TRADELongby Forex_GremlinUpdated 2
CORRECTION Looking to sell gold on a bounce to 2023.0Looking to sell gold on a bounce to 2023.0 Stop is 2062.0, target is 1981.0 Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not indicative of future results** hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. one of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. in addition, hypothetical trading does no involve fina ncial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. there are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.Shortby Cannon-TradingUpdated 114
Gold Challenges New High - Expecting More Upside Inflation was only keenly felt, especially after the pandemic in April 2021, when the CPI broke above 2% to 4.15%, and then quickly soared to a high of 9% in June 2022. However, gold has been signaling impending inflation since the year 2000, which was 24 years ago. Currently, gold is also indicating further upside potential over the long term. What will be the implications for inflation and ultimately interest rates down the road? Micro Gold Futures & Options Ticker: MGC Minimum fluctuation: 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com 08:19by konhow1117
Gold LongsGold Longs (S&P PMI) 9:45Am (ISM-PMI) 10Am - Price respects that low after displacement. Respects (CE) of the whole move. Respect the Inefficiencies in the new (PD Array). TextbookLong19:58by Jay0042
Gold XAU GC LongGold had another very strong daily close today. My DOL is Monday's high. I will be looking for a pullback to respect a H1/H4 bullish array, to then give me the go ahead to enter on a bullish displacement on m5/m15 timeframe.Longby Tradius_TradesUpdated 1
GOLD FuturesGold (GC) broke 2120 - now it's going to 2165 Actually it's not yet top Target - it's another Resistance area...by sunmikee2
Analyze GOLD or XAUUSD by AI Investic Analytic StudioToday our AI has generate a strategy for trading GOLD future (GC1!) and XAUUSD which are two scenarios: Buy and Sell. For Gold future (GC1!), strategy of Buy side or Bullish is Entry: 2113.5, SL: 2108.5, TP: 2123.5 and strategy of Sell side or Bearish is Entry: 2123.5, SL: 2128.5, TP: 2113.5. For the XAUUSD, strategy of Buy side or Bullish is Entry: 2122, SL: 2117, TP: 2132 and strategy of Sell side or Bearish is Entry: 2132, SL: 2137, TP: 2122Longby CC_PP2
The Gold Odyssey - Breaking out!Its been years of waiting and I think it is about time! Gold is rotating back and should finally close the week outside of the constipation box (yellow). MACD and VolDiv are crossing above and should be supporting a rise in Gold. New target for this run, 2600 (Jan 2025). Heads up!Longby Auguraltrader2
Gold (Futures) updateGold is at new high and hit the 1st UP Target = 2120 1st - because it's going higher, guess to at least 2200!by sunmikee2
Gold-Will the bulls see yet another breakout failure?Bullish narratives I've seen published online over the last couple of years: 1. Gold is a hedge against inflation 2. BRICS Currency-it will be backed by gold 3. China is hoarding gold 4. Central banks are gobbling up gold Given all these narratives, one would think gold has some pretty strong tailwinds yet it has had 3 breakout failures since these narratives began. Will this 4th breakout we are currently experiencing be "THE ONE"? Or is this LT chart forming a possible distribution pattern around the $2K price point? When I look at this chart in its simplest format...the inability to firmly breakout 3 times previously tells me the market has been selling into the strength vs. a true belief in its bullishness. Typically you want to see a chart "break, test and go"...this certainly did not happen. This evenings strong move up due to "war news" is now just about to a key area of resistance...the non-horizontal trend line (blue dotted line). Reality of golds usefulness: "More than 80% of the extracted gold is used to make jewelry, therefore the jewelry industry is by far the largest processing sector for gold.” So in simplest macro terms: to be bullish on golds breakout, one should be very, very bullish on the male consumer buying up jewelry to be given to his companion or be very, very bullish on the female consumer buying or wanting gold jewelry. Newsflash-Taylor Swift tickets & Sephora have eaten away at the female consumer over the last couple of years and gold jewelry is not something on the Christmas list right now! (just saying...) So I'll go out on the limb and say the gap up this evening will end up being a sell the news sort of event and we will eventually see yet another breakout failure. Can't wait to hear all the gold bugs tell me I'm an idiot...but honestly, I just don't get the allure of gold and why it's discussed so much in trading/markets. We don't go backwards in time, ever. IMO gold is no longer what it used to be in terms of it's market impact hence why these breakouts keep failing...instead it's now mostly just used to make beautiful jewelry.Shortby VixtineUpdated 4414
GOLD New targetGold broke out of the triangle..and New tgt calculated and got activated when it broke out of the triangle pattern...So buy....Longby JUDEBOY1
2 Trades / 1 Win,1 LostFutures Account today - Gold Longs/Success _ NQ Longs/Struggling 20:01by Jay0041