gold silver update after big gap dwn opengold stya abv 59050 or silver 72400 abv buy only with sl 58991 or 72000 sl may be come till 59160-200++ or 72700-900++++ yes looking gap fill in trading sessionLongby kailashcfa33Updated 2
gold spot or mcx update ahead of fomcgold spot eyes on 1932 if sustina bv 19388--45 than after 65+++++ in mcx 59190 abv buy tgt looks 59440++++++++ yessss keep tight hurdel sl as per cme 1927 Longby kailashcfa330
Silver is likely to go higherThis is September 20th 7:59 am. I think this video goes hand in hand with a previous video on the ES. It doesn't matter if you trade or don't trade either one of those markets... it's about how you visualize the market and make distinctions that are up to you not your computer program. The patterns are pervasive and in every market and your understanding and recognition of those patterns makes it easier to take a trade and more likely that you'll be profitable. And for kicks I threw in the gold market which is more of a ranging market now then the silver... and that distinction if you recognize it can really help you assess that market. my fervent hope is that bobby studies these two videos and yesterday's videos because the plan is to have him articulate in his words the distinctions that we talked about the last two days because it may help him when he trades for the rest of his life. You just can't read it and say oh yeah I get it.... you have to draw the lines and you have to articulate it in sentences and then look for markets that look similar. He will find that they are everywhere and that they are easy to see once he knows what to look for.... and this kind of observation is different than the extensions and the retracements and the ABCD patterns and other patterns that we look at and it should give him some clarity as a trader.20:00by ScottBogatin227
Gold, Be patient and waitIf already have the position of Gold, hold it, don't sell it, nor short it. It would be a stressing period before Gold jump high again. Follow the trend. See weekly chart. by Gilbert09673
gold spot or mcx crucial update gold spot eyes on 1930$ if sustain abv thna nxt up side 1938--45+++++ where support 1917--15$ in mcx styabv 59205 thna buy on dips with tight sl tgt 59350+++++++++++ yes looking sharp up side if lvl brokeLongby kailashcfa33Updated 1
Gold Futures - BearishSymmetrical triangle formation on gold futures chart, break of below triangle trendline, profit target of 1921/1894 and if the PA breaks above trendline then TP1 - 2010. Current trend is sideways, and we might get 1968. Shortby Aman_FX1
The possibility of a bullish market can be possible!?Greetings everyone, I hope you've had a productive week with successful trades. I wanted to share some of my ideas on the Elliott Wave Principle. It's crucial to make informed decisions and exercise patience in all transactions. As per a quote from (J.F.), a professional analyst of the Elliott wave principle, amateur traders tend to focus on the possibilities that may happen while professional traders focus on the possibilities of what is happening. My recommendation is to bear in mind that, after making a trade, the primary responsibility of the trader is to minimize risk, eliminate it, and ultimately preserve the profits earned. Thank you for your continued support, and I'm excited to continue our journey together. Sincerely, (Mr.Nobody)Longby mehdi47abbasi79117
gold stya abv 58880 buy on dips tgt 59100 expectgold stya abv 58880 buy on dips tgt 59100 expect use sl 58770- looking spot abv 1921 till 1928--30Longby kailashcfa33Updated 7
✨3 Reasons Why You Should Buy Gold 📈Right now the real estate market is not doing fine so investors have to look for a place to park their -- hard-earned capital -- and gold is shining a light of hope for them -- here are 3 reasons why gold is a good buy for you Gold is a hedge against inflation Gold preserves its value Gold has no counterparty risk -- i love gold because you do not need margin to trade it -- Disclaimer: I am not a financial advisor, and the information provided here is for informational purposes only. -- Stock trading and investing involve risks, and past performance does not guarantee future results. -- It's important to conduct your own research and consult with a qualified financial advisor -- before making any investment decisions. Always be aware of the potential for loss, -- and consider your risk tolerance and investment goals before engaging -- in any trading activities. The content -- provided here does not constitute financial advice, and I do not -- take responsibility for any financial decisions made based on this information. -- Remember to rocket boost this content to learn moreLong04:53by lubosi112
Gold will fire on upside soonFor all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,by JaiPrakashShuklaHarmonicTrader112
#Gold #XAUUSD Targeting Monthly Projected Range SupportIn this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunities and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS01:22by Tickmill6
GOLD Day Trading Analysis With Volume ProfileOn GOLD is nice to see strong sell-off from the price 1941.5 , there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that sellers from this area will be defend this short position... and when the price come back to this area, strong sellers will be push down the market again... S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade.... Happy trading Daleby Trader_Dale8
sell godl blw58620 sl 689 tgt 520--377sell godl blw58620 sl 689 tgt 520--377 looking some dwn fall ahead of cpi dataShortby kailashcfa33Updated 1
Gold Possible ScenariosGold has been in a retracement and it could be deeper until reach a SPDA because of DXY. But if the price break the zone that is right now, then we could think that the price could go directly to Targets. On the right side we have the futures that make confluence with the Scenario. So we need to wait for the Time and Price to take decisions. by CryptoTreasureHunterUpdated 2
gold mcx update blwsell gold stya bwl 58900 looks dwn fall epxect tgt 58810--750--500++++ sell on rise must with tight sl at daily chart looking gold spot bw 1920 dwn side 1915--13 blw 1913 will see 1903$Shortby kailashcfa33Updated 1
Can Gold Break Out Of This Wedge?Last week, Gold showed some great strength and finished higher on the week after bouncing off some good trendline support, and this week we have seen the market selling off back towards the low of last week right near 1940. Gold is trading in this range now, and it seems the bears are in control for the time being as there is not a strong fundamental reason for the prices to go higher. There are several outside factors contributing to the downward pressure in Gold that we are seeing this week. For one, the dollar has had continued strength and has been trading significantly higher, putting pressure on the market. Also, there is a lack of momentum to the upside when we have seen moves higher, and there has been strong selling pressure from key resistance levels. So what does this mean for Gold, and where can we go from here...? Looking at the chart, December Gold is trading in this wedge, and the wedge is getting tighter, indicating we may see a breakout higher or lower. As we have been in this downtrend since the May highs, Gold would need to have a strong catalyst and to get us out above that trendline resistance, which also lines up with the .618 retracement level. With that said, we have held key support levels near 1940, and there is strong trendline support going back to December. If the market can hold above this trendline support, and we see the dollar come off its highs and treasury yields come back in, that could be what the market has been waiting for to bounce and have an upside breakout. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups 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 *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Ryan_Gorman2
XAUUD (Gold) Ready for Upmove For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,by JaiPrakashShuklaHarmonicTrader3
GC up hello Friends , over a long time LoL , here we have a nice hunte to taste it COMEX:GC1! Longby Omar0khascnadar02
I would like your thaughtss it worth investing in gold in 2023-2024?: This idea argues that gold is worth investing in the long term due to its hedge against inflation, currency devaluation, and geopolitical risks. It also cites some fundamental factors that support the bullish outlook for gold, such as low interest rates, high debt levels, and rising demand.by BidAskMagnet2
GC - Gold short to the Center Line It's very nice to see how price reacted at the CL, then came back to the U-MLH. And again price got rejected at the U-MLH. The A/R line is broken and now price has a good chance to travel to the Center Line again. btw: This trader has the same idea, just using another technique: Great one, I really like this.Shortby Tr8dingN3rdUpdated 117
Is it worth investing in gold in 2023-2024?Is it worth investing in gold in 2023-2024? Gold rallied for the second week in a row to settle at around $1940 an ounce. The growth was fueled by expectations that the Federal Reserve would stop raising rates after signs that the US economy may be slowing. Released data showed moderate increases in PCE prices and a downward revision to Q2 GDP growth. US private companies also reduced hiring in August. Investors are now eagerly awaiting the upcoming US jobs report for more updates on the job market and the broader economic outlook. The speculation that the Fed may suspend its aggressive stimulus policies has sparked strong investor interest in diversified and safe assets. Gold is a complex asset that is subject to a variety of market factors. Gold prices can be influenced by many factors such as geopolitics, Chinese or Indian demand for the sector, and global economic conditions. A FOMC meeting will be held on September 20 to discuss possible interest rate hikes. Inflation data released on 10 August 2022 shows an inflation rate of 3.2%, slightly below expectations set at 3.3%, but higher than the previous reading. This represents an important topic of discussion before the FOMC makes its final decision. Most 2023 economic analysts believe that the Federal Reserve will not cut interest rates later this year, and that inflation will remain higher than in the first half of the year. “Graphic Inverse Correlation US Bond Yield 10 /GOLD” US gold bond CORRELATION I am not going to invest in gold right now. Given the current economic conditions, with rising rates and government bonds offering good yields, I doubt investors will decide to devote resources to the gold sector. Gold is also viewed as a safe haven asset, to be bought in times of financial stress when central banks are willing to print money to keep economies on the road to recovery. However, we are not currently in this situation and as we will discuss in the next articles I expect a sprint of the markets in the fourth quarter of the year. If you want to invest in gold, a more convenient strategy may be to buy shares of mining in the sector as an alternative to futures or an ETF. I always advise you to carefully evaluate this option before deciding. When studying stock prices, one of the most interesting is Newmont Goldcorp Corporation (NYSE:NEM), one of the world's leading gold producers with an excellent 4% dividend. If you buy at the right time, you can achieve a good return. My model suggests that gold will remain fairly stable over the next few quarters, around 1940 levels. A sideways phase like this is not very favorable for medium-term investments. The information and content provided on this site should not be considered as an invitation to invest in the financial markets. The Content is a personal opinion of Mr. Antonio Ferlito.by Antonio_Ferlito1
GC1: Buy ideaOn GC1 as you see on the chart we have the breakout with force the vwap and the ressitance line by a big green candle with a large green volume, so it's mean that we will have a big probability to have an uptrend. Thanks.Longby PAZINI194