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GDF1! trade ideas

Gold GC1! heading to $3,476 next with a 4.15R long trade TVC:GOLD Gold/ COMEX:GC1! hit the 0.705 fib level right between the 0.618 and 0.786 what I like to call the sweet spot for fibonacci tools. If it misses the 0.618 then the 0.705 is just as good, signals are showing a bottom forming and slowly but sure the rsi is about to cross up over 50, it should pump hard this time -4.15R trade -1.5% capital risk -as soon as gold starts to move, we'll drag our stop loss to or even past break even if it really pops up hard...
COMEX:GC1!Long
by SakisBack
$GC/$MGC/Gold - Weekend UpdateHello Fellow Gamblers, Gold is currently playing with our feelings. We've been trough these short up and downs this past week but I believe that we are now ready for a reversal. Price had a good bounce from the 3357 support, which broke the minor trendline and is now creating a flag pattern, hinting at a possible continuation. - We need 3357 to hold and a break of 3418 and 3442 for a continuation up. - A break below 3357 will bring us back to our bearish scenario. - Levels to watch: 3283, 3357, 3418, 3504
COMEX_MINI:MGC1!Long
by Caramel0
Gold Slides as Markets Downplay the Fallout of ME EscalationGold prices are trending lower today after a slight positive open, struggling to hold near $3,365 per ounce, hovering just above the lowest level in over ten days. This weak performance comes as markets continue to downplay the consequences of the unprecedented U.S. strike on Iran’s nuclear facilities. Previously, experts had viewed a strike on Iran’s nuclear sites as the line between a limited bilateral conflict with Israel and a full-blown regional war with global economic costs. Fears centered around a potential Iranian—or proxy—attack on the region’s vital oil and gas infrastructure, which supplies over a fifth of global energy needs. However, those fears have yet to materialize, offering markets some reassurance that the escalation will not trigger a major shock that could reignite concerns over global economic stability. This narrative of containment has stripped gold of the geopolitical risk premium it previously enjoyed. According to the New York Times , some experts believe Iran is unlikely to disrupt energy flows in the region as long as its own export facilities remain intact. In another word, any Iranian attempt to destabilize energy markets may invite retaliatory strikes on its own vital oil infrastructure—further damaging its already fragile economy. Axios quoted Brookings Institution foreign policy director Suzanne Maloney describing Iran’s parliamentary call to shut the Strait of Hormuz as symbolic, arguing that the Islamic Republic is unlikely to risk its economy or the rapprochements with Gulf neighbors. That said, the Middle East’s unpredictable trajectory, with near-daily escalations, continues to unsettle markets and sustain elevated risk appetite, which could ultimately benefit gold. In a New York Times opinion piece , Nicholas Kristof outlined three key risks that could stem from the U.S. strike on Iranian nuclear facilities: the nature of Iran’s response, whether the strike set back or accelerated Iran’s nuclear ambitions, and whether this is a step toward a broader war. Iran’s response could range from symbolic gestures to reckless escalation, potentially dragging the U.S. deeper into direct involvement. According to the Wall Street Journal , Tehran may choose to strike at evacuated U.S. bases in the region, as it did in response to the 2020 assassination of Qassem Soleimani, when Iran targeted the Ain al-Asad base in Iraq in what was described as a calculated, non-escalatory response. Alternatively, Iran could intensify missile strikes on Israel—viewed by some as Washington’s largest forward base—thus keeping the conflict somewhat localized for now. Still, Iranian Supreme Leader Ayatollah Ali Khamenei may ultimately reject a ceasefire, unlike what his predecessor Ayatollah Ruhollah Khomeini did in the late 1980s to preserve the Islamic Republic. This keeps the door open to new and unpredictable rounds of conflict, according to The Times . On the nuclear front, Washington Post columnist David Ignatius warned in an opinion piece that Iran could pursue a crude radioactive “dirty bomb” using highly enriched near weapons-grade enriched uranium. Such a scenario would also be dangerously uncertain. In my opinion, it is unlikely that the U.S. or Israel would simply stand down after such a development, possibly setting the stage for the most extreme and dangerous escalation yet. This could align with the protracted duration of the war and reports that Israel’s defensive missile stockpiles are running low, which raising the stakes. Israel may feel compelled to force Iran into surrender, as the U.S. did with Japan, though unlike Japan, Iran could be a nuclear state. Given Prime Minister Netanyahu’s political stance, a settlement that leaves Iran’s nuclear or ballistic program intact is unlikely to be accepted. Iran, for its part, firmly rejects dismantling its programs, adding to the likelihood of prolonged conflict and worst-case scenario. Despite the market’s muted reaction to the U.S. strike, the surrounding risks remain significant and unresolved. As long as their realization remains uncertain, volatility in gold and oil prices may persist until the conflict is either resolved or definitively contained. Samer Hasn
COMEX:GC1!
by SamerHa
YERPMGC1! Multi-Timeframe Technical Analysis – 8H & 2H by GOAT This dual-chart setup provides an advanced Elliott Wave and pattern-based analysis on Micro Gold Futures (MGC1!), combining macro context from the 8-hour chart with precision from the 2-hour timeframe. The analysis incorporates trend channels, corrective structures, RSI divergences, and potential trade setups. 🟡 Left Panel – 8H Chart: Trend Structure: Price is respecting a rising wedge pattern with multiple internal flags and channels, indicating a loss of bullish momentum at the top of the structure. Resistance Zones: Key supply levels are marked between 3,429 – 3,537, with price recently rejecting from this upper zone. Descending Channel: Current consolidation is forming a minor falling wedge, which could provide a temporary bounce before potential further downside. Support Levels to Watch: 3,343: Minor structural support 3,312 – 3,268: Major demand area (also aligns with previous breakout retest zone) RSI Context: Oscillator is hovering near the midpoint (~50), showing indecision. Previous bearish divergences from highs hint at weakening momentum. 🟡 Right Panel – 2H Chart: Elliott Wave Structure: A completed 5-wave impulse has been marked, followed by a corrective ABC pattern potentially unfolding. Scenario 1 (Bearish): Price rallies toward the yellow resistance trendline (Wave B) and rejects, completing Wave C toward 3,316 – 3,268. Scenario 2 (Bullish): Price breaks out of the falling wedge early, retests, and continues toward 3,429 – 3,475. Bollinger Bands: Price has re-entered mid-band territory, showing that volatility is compressing before a directional move. RSI Analysis: Multiple bearish divergences are visible, particularly between Waves 3 and 5. RSI currently rising after a bounce from near 30, suggesting temporary strength, but still under 50. 🧠 Summary: Gold is currently in a corrective phase following a 5-wave bullish impulse. While a temporary bounce is possible from the current wedge, the broader pattern points to a likely C-leg down unless key resistance (~3,394–3,429) is broken decisively. RSI divergence across both timeframes supports caution on long bias until trend confirmation returns. ⚙️ Chart prepared for educational and strategic planning. Not financial advice.
COMEX_MINI:MGC1!
by goat-farm
Waiting for Price to Hit the Green Zone for Long in GCAt the moment, I’m patiently waiting for price to pull into the green zone below. If price hits this area, I will look for a high-probability long trade, targeting the upper red zone for a very extended move. However, my stop-loss will remain very tight — placed just below the green zone — because I will only stay in the trade if buyers react strongly from this level. If price instead reaches the red zone first, I will be looking for a short opportunity back down toward the green zone. Important: I do not simply enter based on zones alone — I study how buyers and sellers behave when those zones are touched. I also use order flow to catch any trapped traders or aggressive buyers/sellers inside these areas, which gives me confirmation to take the trade or stay out if the move is weak. Patience is key here — I am not in a rush. I want a clean entry with strong confirmation, then I will let the market do the work! ✅
COMEX:GC1!
by prolivetrader
2
Gold to $3500-$3600Gold broke out of a two touch point downwards trend line recently and retested a previous swing high of around $3475. Since the swing high retest gold has dropped back to a retest of the trendline that was broken. Price has been holding above the lower green trend line with multiple touch points. With continued economic uncertainty among retail investors gold still stands as a safe haven investment so In the short term I can see it going to $3500 or even $3600. If the lower trend line has a candle close below it then do not go long into this trade.
COMEX_MINI:MGC1!Long
by mleo127
Gold Sliver Spread is Pointing Downward - Silver to TrendGold-silver ratio dropped from 107 to current 91. What does this mean? Does it indicate that silver is about to trend higher, or is it a sign that gold will continue its trend? If you take the gold prices on 'Liberation Day' on 2nd April 2025 - Gold at $3,509 divided by Silver at $35 = 100.25 Today, the gold prices at 3,400 divided by the silver prices at 37.36, you will get the ratio as 91. Based on this historical development over the last 50 years, gold silver spread has range bound within this range of 40 and 100, and likely it should remain this way. Studies shown it has just reached 100, forming a potential inverted hammer, and could be on the way down to its lower band. Either the 65 band or 40 band. If that were to happen, this also means the Silver’s trend is likely to pick-up faster than gold did. On 05 April 2024 a video analysis I have published, title “Silver is Next to Rally After Gold”, then I presented on its fundamental and its technical reasons. By the way the cup & handle formation, it is taking a very good shape today. On that analysis, I suggested in time to come, when Silver to catch-up with gold, it will be fast and furious. And I believe the time is near as the ratio now dip to around 91, and it seems more room for more downside. This means with so many uncertainties and fear of inflation coming back again, Gold may still trend higher, but this time the rate-of-change for the silver to move higher is faster than that of gold. If the ratio continue to decline, we should see a much firmer silver prices from the current. Historically, gold and silver have been used as money, and even today, if you take any grams or an ounce of gold or silver to banks with bullion departments, you can exchange it for cash. As the world searches for the next reserve currency, precious metals have become a safe haven. That’s why gold has been trending upward over the years, especially when inflation hit a high of 9% in 2022. When gold becomes too pricey, investors often look for alternatives like silver. This also explains why, during most financial crises, the gold-silver ratio dips, indicating that silver is catching up with gold. Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 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 Trading the Micro: www.cmegroup.com www.cmegroup.com
COMEX:GC1!Long
by konhow
GOLD- WATCHING IT CLOSELY.🔍 Chart Analysis 🏗️ Structure & Patterns A perfect Cup & Handle formation is visible. Price has broken out above the neckline (~₹98,000) but is currently in a pullback phase, forming the handle. A falling wedge breakout is also seen prior to the breakout — a bullish continuation pattern. 📐 Fibonacci Retracement 0.382 level at ₹96,132 0.5 level at ₹95,132 These retracement levels align well with the handle zone and offer potential re-entry/buy levels. 🛡️ Key Support Levels Level Description ₹98,000 Former resistance, now short-term support ₹96,132 38.2% Fib retracement ₹95,132 50% Fib retracement (also demand zone) ₹94,200 Major support 🔵 Note: Breakdown below ₹95,132 is bearish confirmation. 📊 RSI Analysis RSI = 54.59, cooling off from overbought levels. RSI has crossed below the RSI-based moving average (63.43), indicating temporary loss of momentum. 📈 Projected Path The handle curve suggests a possible rebound after this pullback, targeting previous high ~₹99,358, and possibly ₹101,317 (height of cup projected upward). ✅ Summary Category Observation Pattern Bullish Cup & Handle with falling wedge breakout Trend Bullish above ₹95,132; Weak only if closes below Key Levels Support: ₹98,000 / ₹96,132 / ₹95,132 / ₹94,200 Resistance: ₹99,358 / ₹101,317 RSI Cooling down; not overbought; healthy retracement Bias Bullish with pullback in progress; re-entry near ₹96k–95.1k zone 🧠 Final Thoughts Pullbacks are healthy in bullish setups like this — watch for reversal signs near ₹96,132 or ₹95,132. A daily close above ₹99,358 can trigger Cup & Handle target breakout toward ₹101,300+. Maintain bullish bias unless ₹94,200 is breached.
MCX:GOLD1!
by Pushpmegh
Part 4/4 GoldGroundbreaking move from Beijing: Chinese insurance giants can now invest in gold for the first time . Firms: PICC, China Life, and 8 more Max allocation: 1% of assets Potential inflow: 200 billion yuan ($27.4 billion) Why is this big? China = #1 gold consumer globally (910 tons consumer demand in 2023) Gold has cultural, symbolic and strategic importance China moving reserves from USD to gold This policy change is a structural shift, not just a headline] Conclusion:] Add China’s institutional demand to war + inflation + falling rates, and we get one clear strategy: BUY Gold. Target: $5000 in 2025]
BIST:XAUUSD1!Long
by KenJi_Indicator_2
GC Ready for a Push to New All-Time HighsGold Futures (GC) are showing signs of accumulation and upward momentum, with the chart forming a rounded base suggesting a potential breakout. Recent price action has been consolidating in a bullish structure, and we may be gearing up for a breakout towards new all-time highs. With rising geopolitical tensions in the Middle East, gold's safe-haven appeal could drive significant buying pressure in the coming sessions. Volume is stable and supportive, and the technical structure aligns with a bullish continuation.
COMEX:GC1!Long
by EvanGre
$MGC / $GC / Gold Post-Market UpdateHello Fellow Degenerates, Price retraced below a 3416.2 and it is now between that level and a FVG. I do see some signals that a possible pull back might happen and I have now marked 3442-3430 as an important range to watch. - If the pullback happens, it could be a retest of the HVN resistance, and if price gets rejected in that range, we will go towards our bearish scenario. - However, if price breaks above that range with strength it will mean that we are now going towards our Wave 5 target near 3504. - Levels to watch: 3504, 3442, 3430, 3416, 3358, 3283.
COMEX_MINI:MGC1!Long
by Caramel0