Agree to disagree... Gold is topping right now.My price path seen above is a complete guess but it stems from long term trend lines and more importantly order flow from last week.
On Thursday there was a #1 trade on AMEX:PHYS for $200+ Million at the green levels in my chart above (Equivalent levels). PRICE WILL 100% go to my green lines by
GC (gold) UpdateSo I managed to dump my GLD holdings Tues premarket (left a comment on one of my posts Tuesday morning) because I realized that gold was doing a three drive pattern, got a pump at the end which started to sell off premarket. Not to mention, it had hit the target I posted with the big green arrow.
Gold Futures – Short-Term Technical Outlook as of April 23Gold surged to nearly $3,500, but multiple indicators now point to a potential top. A short-term correction or consolidation phase appears likely before any new highs.
Bearish Signals Across the Board:
RSI Divergence: RSI failed to confirm recent highs, showing bearish divergence.
Momentum Fading
The Gold-Silver Ratio ExplainedCOMEX: Micro Gold Futures ( COMEX_MINI:MGC1! ), Micro Silver Futures ( COMEX_MINI:SIL1! )
The Gold-Silver Ratio is a financial term that measures the relative value of gold to silver. Specifically, how many ounces of silver it takes to buy one ounce of gold.
The Gold-Silver Ratio is an important
GC UpdateNot sure if this is a melt up or not, bit strange that RSI and MFI are moving in opposite directions.
I have a long term position set up, but I'm not planning on doing big options plays unless MFI hits the red line or if I expect the stock market to drop. I might play a little tomorrow for TSLA ea
Gold-Silver Ratio: Silver’s Lag and Historical DivergencesThe gold-silver ratio - the number of silver ounces equals in value to one ounce of gold – has surged recently as gold prices rally while silver underperforms. Gold, a traditional safe-haven, has climbed to record highs amid economic uncertainty, whereas silver, which is partly an industrial commodi
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Related commodities
Frequently Asked Questions
The current price of Taifex Gold Futures (Apr 2025) is 3,294.3 USD — it has risen 0.094% in the past 24 hours. Watch Taifex Gold Futures (Apr 2025) price in more detail on the chart.
The volume of Taifex Gold Futures (Apr 2025) is 61.00. Track more important stats on the Taifex Gold Futures (Apr 2025) chart.
The nearest expiration date for Taifex Gold Futures (Apr 2025) is Apr 28, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Taifex Gold Futures (Apr 2025) before Apr 28, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Taifex Gold Futures (Apr 2025) this number is 201.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Taifex Gold Futures (Apr 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Taifex Gold Futures (Apr 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Taifex Gold Futures (Apr 2025) technicals for a more comprehensive analysis.