GOLD Gold will Be Going Up Nearly 65000 So Wait Watch It's Taking This Rate Near March Ending. Longby bullatetrade1
π¦37 Reasons To Buy Gold During Inflationππ1. Hedge Against Inflation: Gold is often considered a hedge against inflation as its value tends to rise when the purchasing power of fiat currencies declines. 2. Store of Value: Gold has been a reliable store of value throughout history, preserving wealth across generations. 3. Limited Supply: Unlike fiat currencies, the supply of gold is limited. This scarcity can contribute to its value during periods of inflation. 4. Diversification: Including gold in an investment portfolio can add diversification, reducing overall risk. 5. Global Acceptance: Gold is accepted worldwide as a form of currency, providing liquidity and ease of trade. 6. Central Bank Reserves: Many central banks hold gold reserves as part of their monetary policy, indicating its importance in times of economic uncertainty. 7. Geopolitical Stability: Gold is seen as a safe haven during geopolitical turmoil, making it attractive when inflationary pressures are coupled with global uncertainties. 8. Negative Real Interest Rates: Gold tends to perform well when real interest rates (adjusted for inflation) are low or negative. 9. Portfolio Insurance: Gold can act as insurance in case of economic downturns or financial crises, providing a cushion for investment portfolios. 10. Long-Term Value: Investors often turn to gold for its long-term value and stability, especially during periods of economic turbulence. 11. Tangible Asset: Gold is a tangible asset, offering a level of security that digital or paper assets may lack. 12. No Counterparty Risk: Unlike stocks or bonds, owning physical gold involves no counterparty risk, as it doesn't rely on the performance of a third party. 13. Historical Track Record: Gold has maintained its value over centuries, making it a reliable asset with a proven track record. 14. Supply and Demand Dynamics: If inflation drives up the cost of goods and services, the demand for gold may increase, contributing to its price appreciation. 15. Gold as Currency: In times of inflation, when the value of paper currency diminishes, gold retains its status as a reliable currency. 16. Portable Wealth: Gold is easily transportable and can be stored in a small space, allowing for the easy movement of wealth. 17. Jewelry Demand: The demand for gold in jewelry can contribute to its value, especially in cultures where gold holds cultural or social significance. 18. Mining Costs: Higher inflation may lead to increased mining costs, impacting the supply side of gold and potentially driving prices higher. 19. Industrial Demand: Gold is used in various industries, and increased industrial demand during periods of inflation can support its price. 20. Gold ETFs: Exchange-traded funds (ETFs) backed by physical gold offer a convenient way to gain exposure to gold prices. 21. Technical Analysis: Traders often use technical analysis to identify trends in gold prices during inflationary periods. 22. Psychological Impact: Perception plays a significant role in market dynamics, and the perception of gold as a safe-haven asset can drive demand during inflation. 23. Government Debt Concerns: High levels of government debt can lead to inflation fears, prompting investors to seek assets like gold for protection. 24. Currency Devaluation: Inflation often accompanies currency devaluation, making gold more attractive as a stable alternative. 25. Real Assets Outperformance: Historically, real assets like gold have outperformed financial assets during inflationary periods. 26. Gold Mining Stocks: Investing in gold mining stocks can provide exposure to gold prices with the potential for additional returns. 27. Crisis-Driven Demand: During economic crises, there is often an increased demand for safe-haven assets like gold. 28. Monetary Policy Impact: Changes in monetary policy, such as low-interest rates and quantitative easing, can influence gold prices during inflation. 29. Central Bank Purchases: Central banks may increase their gold reserves as a response to inflationary pressures. 30. Cultural Significance: In many cultures, gold is considered a symbol of wealth and prosperity, driving demand during economic uncertainties. 31. Financial System Instability: Concerns about the stability of the financial system can drive investors towards safe-haven assets like gold. 32. Gold's Unique Properties: Gold is corrosion-resistant, non-reactive, and has unique conductivity properties, making it valuable in various industries. 33. Fear of Currency Collapse: In extreme cases, when there's fear of a currency collapse, investors may flock to gold as a reliable alternative. 34. Gold's Inherent Beauty: Beyond its financial properties, gold's aesthetic appeal can contribute to its demand, especially in the form of jewelry. 35. Long-Term Storage of Wealth: Gold has historically served as a reliable long-term storage of wealth, maintaining value over extended periods. 36. Steady Demand in Asia: Asian countries, particularly India and China, have a strong cultural affinity for gold, contributing to consistent demand. 37. Global Economic Uncertainty: Periods of global economic uncertainty often coincide with inflation, making gold an attractive option for investors seeking stability. **Disclaimer:** The information provided above is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets. Longby lubosi2
New Year's Eve GC 'Short Bias Narrative' -ManagementCOMEX:GC1! Reasons for me to go Short IF & ONCE price can provide the following...... 1) Price is currently trading right above the Daily Swing EQ Price Level '$2070.0' 2) Price is midway through a 4Hr Demand Zone. Current price is ($2071.8) *The Price levels of the 4Hr Demand Zone are ($2075.5 to $2065.50) Current price is $2071.8 3) Price is trading right above the 4Hr ER-LQ trend. Now this is what I am lookin for to go SHORT..... 1) Price has to break and close below the Daily Swing EQ Level 2)Price has to break this 4Hr Demand Zone and close below on both the (15&30m candles). (Indicating strong sellers) 3)Price has to Break this ER-LQ trend and close underneath (15&30m candles) If we can get this PA then I'll be interested in scaling SHORT..... Just my opinion! Yu feeling it or naw....? OH I forgot, and PA has be under RED V-Wap!!!!! Shalom+ #BHM500K Shortby TreyHighPwr113
Micro Gold Trading LIVEShort term RAPID GROWTH Let's go over the TrendCloud Trade Plan for 2024. This is a deep pullback in a supply zone above the opening range on the 15 minute chart. We are taking the trade short because we have trend and momentum DOWN across multiple timeframes on our TrendCloud System. Short06:06by thechrisjuliano0
Can we Get the Major Drop Short ON GC[G24]?Looking to see how this short plays out on GC......? Price Broke structure to the downside and closed below on the both the 30&15m clarifying (IMO) sellers currently have the stronger hand and are pushing price lower. Lets see if we can get a major Drop.......Shalom! #BHM500K Shortby TreyHighPwrUpdated 2
π Gold Headed Towards $1,855 | Multiple Signals, Short-Term TFβ 3-Dec Gold Futures (GC1!) produced a session with a long upper wick. The session closed green but was immediately followed by multiple red high volume candles, producing a bearish pattern. β 28-Dec Gold Futures (GC1!) moves below EMA10 on the 4H timeframe, confirming a lower high compared to 3-Dec. While this is happening, trading volume continues to decrease. The RSI entered the bearish zone. All these are bearish signals. When combined, they work to denote a strong potential for additional bearish action. For these signals and chart setup to be negated and be considered bullish, a break above $2,152 (last high) of multiple candles would need to happen. If there is a move to the upside that fails to reach or break this major high point, it would strengthen the bearish potential. Bitcoin (Cryptocurrency) & Gold have been correlated positively for a long while now. Thank you for reading. Namaste.Shortby AlanSantana2221
GoldHello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.Shortby benhammou1
Technical and digital analysisWe notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buyShortby faridsalim3080
buyingGold is for purchase at the 2061 area, with the possibility of retesting this area after that, a strong buy with a stop loss and exit at the 2135 level.Longby sabri20030
Gold: Progress πͺGold continued to work its way up the chart and finally managed to surpass last Friday's highs in the course of yesterday's trading session. The precious metal thus made good progress in line with our primary expectation. We consider it only 35% likely that the turquoise wave alt.B has already been completed and that gold is about to sell off directly below the support at $1935.Longby MarketIntel0
Metal Commodities Year End ReviewCOMEX: Micro Gold ( COMEX_MINI:MGC1! ), Copper ( COMEX:HG1! ), Aluminum ( COMEX:ALI1! ) 2023 is coming to an end. What are some of the biggest headlines of the year? β’ Chinaβs ending of Zero-Covid gave hope to global economic recovery and an increase in commodities demand, but it was short-lived; β’ U.S. regional bank crisis triggered a flight to safety; β’ U.S. debt ceiling crisis escalated but was resolved at the eleventh hour; β’ The runaway inflation was contained as the Federal Reserve hiked interest rates eleven times; β’ House Speaker Kevin McCarthy was ousted in a history making vote; β’ The Israel-Hamas conflict broke out in October, and geopolitical risk intensified as shipping routes in the Red Sea were under attack by the Houthi militia; β’ U.S. reins in Cryptos with public trials and huge fines rendered to two large Exchanges; β’ Fed cut became the new market narrative, which pushes equities to record high. These events have significant impacts on commodities. Today, I will give a high-level review of metal commoditiesβ performance in 2023, and what lies ahead in 2024. Energy and Agricultural commodities will be covered in my subsequent writings. A Good Year for Precious Metals As of December 27th, Gold futures are up 13.2% year-to-date to $2,091 per troy ounce. The benchmark precious metal reclaims its status as the preferred safe-haven asset. β’ The collapses of three regional banks in March posted a potential systemic risk in the US banking system. Gold gained 13% within a month as investors bought bullion and dumped dollar-denominated assets. β’ Gold pulled back by 7% following the resolution of the debt ceiling crisis in early June, and the US government avoided a default of sovereignty debt. β’ Since the Gaza War broke out, gold gained 9% as the geopolitical crisis escalated. β’ Gold rises as the Fed cut narrative takes hold and investors are increasingly bullish. On December 3rd, spot gold reached an all-time high of $2,146. 2024 Outlook for Gold: Lowering interest rates is bullish for gold, as the opportunity cost to hold the non-yielding bullion would be lower, comparing to interest bearing instruments. With two ongoing regional wars, geopolitical tension is expected to remain high in the new year. This is also positive for safe-haven assets like gold. The December 19th CFTC Commitments of Traders report (COT) shows that βManaged Moneyβ has 155,697 long positions and 47,421 short positions. The 108K net long positions indicate that speculative traders are very bullish on gold. Trade Ideas: Buying gold in the dip may be a good strategy in 2024. For example, a pullback could happen if the Fed issues a hawkish statement, or monthly inflation rate rebounds, or a cease-fire achieved in either the Middle East or Ukraine. The February contract (MGCG4) of COMEX Micro Gold Futures is quoted at 2091.6 on Wednesday. Each contract has a notional value of 10 troy ounces, or $20,916 at current price. To buy 1 contract, investors are required to deposit $830 in initial margin. Hypothetically, if gold futures bounds back to its all-time high $ 2,146, a long position would gain 54 points and $540 per contract (= 54 x $10). This would represent a theoretical return of 65% (= 540/830) excluding transaction fees. On the other hand, if gold price pulls back, the long position would lose $10 for each $1 of gold price decline per ounce. Copper Under Pressure by Gloomy Economic Outlook As of December 27th, copper futures are up 4.9% year-to-date to $3.98 per pound. The expected change in the balance of supply and demand drives copper price trend. β’ In November 2022, China ended a 3-year-long Zero-Covid policy. It gave hope to global economic recovery and an increase in commodities demand. Copper rose from $3.60 to $4.20, up 16% within two months. β’ Chinaβs economic recovery lost steam after just one quarter. Copper prices have been trending down most of the year and touched a 52-week low of $3.55 in October. β’ Recent data shows the U.S. economy to be resilient, employment market strong and inflation trending down. Adding in the aggressive rate cut expectations, copper rebounded 12% to $3.98. 2024 Outlook for Copper: Below is the projected balance of supply and demand for copper, according to data from International Copper Study Group (ICSG). β’ 2024: supply 27.8 million tons (mt), demand 27.5mt; excess supply is 300,000 tons. β’ 2025: supply 28.6mt, demand 28.4mt; excess supply is 170,000 tons. As an industrial commodity, copper supply tends to be relatively stable and easy to forecast. However, its demand could vary substantially as business cycle rotates from boom to bust. The March contract (HGH4) of COMEX Copper Futures is quoted at $3.954 per pound on Wednesday. Each contract has a notional value of 25,000 pounds, or $98,850 at current price. To buy 1 contract, investors are required to deposit $4,500 in initial margin. The recent COT report shows that Managed Money has 60,873 long positions and 45,806 short positions. The net long positions are small, not a good signal on trader intention. While investors expect a soft landing for the US economy, whether the global economy could avoid a recession remains to be seen. Geopolitical tensions add to the uncertainty. I would wait for more data on copper demand before forming a trading strategy. Aluminum Taking a Hit as Demand Weakened As of December 27th, aluminum futures are up 0.4% year-to-date to $2,335 per ton. Like copper, the balance of supply and demand drives aluminum price trend. β’ Chinaβs ending of Zero-Covid pushed aluminum prices up $400 within a month. β’ Aluminum prices have since declined and touched a 52-week low of $2,072 in August. β’ With good economic data and rate cut expectations, aluminum rebounded 13%. 2024 Outlook for Aluminum: The forecasted balance of supply and demand for aluminum by SMM: β’ 2023: supply 49.9mt, demand 50.0mt, supply shortage is 93,000 tons. β’ 2024: supply 51.1mt, demand 51.1mt, supply shortage is 50,000 tons. Current forecast estimates that aluminum is near supply and demand balance in 2024. The March contract (ALIH4) of COMEX Aluminum Futures is quoted at $2,375.5 per ton on Wednesday. Each contract has a notional value of 25 tons, or $59,387.5 at current price. To buy 1 contract, investors are required to deposit $2,000 in initial margin. The recent COT report shows that Managed Money has 451 longs and 1,201 shorts. The net short positions indicate that speculative traders are bearish on aluminum. I would wait for more data on aluminum demand before forming a trading strategy. To sum up , I am bullish on gold with an outlook for lower interest rates and heightened geopolitical risks. For copper and aluminum, demand outlook is uncertain depending on whether a global economic recession could be avoided. Happy Trading. Disclaimers *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. 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 Longby JimHuangChicago10
GOLD Trade using TrendCloud4 hour chart: Trend and momentum are up. Clearly represented by your TrendCloud. 1hour chart: Trend and momentum are up as well. and clearly defined by TrendCloud. 5 min chart: producing TrendCloud signals that got us into the trade for the big win. Check out the link in my Bio for more details on how you can start trading with the TrendCloud Trading System. Long05:32by thechrisjuliano1
GOLD next 2 years analysis β° macro Hello π it's me your RAJ π professional trader β¨ This idea π‘ is completely my own analysis on GOLD TVC:XAU πͺ How this comodity valid for long term π explained as per technical clearly π #DYOR Note π I am analyst and trader on cryptocurrency BITSTAMP:BTCUSD & stocks I don't know about comodity market much , but my friend asked to do analysis π based technical analysis β° so I am providing here π :: in cryptocurrency to analyse any coin we check β volatility , fundamental and some points In GOLD i Don't know what to check and how follow and depth fundamental also so PPL π who knows well β€οΈβπ©Ή keep in comments box π i learn and i improve my work on commodity market Present i am submitting technical analysis #TA based on my view π I am bearish π π» in next 1yr and expecting new high 2025 end π 2026 mid year Invalid π When weekend close below $1600 Best area to fill bag π° BUY π $1680 - $1780 is best accumulate zone π ( 1680/1780 ) My target π― was $2200 - $2400 π₯ 1680/1780 >> 2200/2400 || stop π weekend below 1600 π This is what I am expecting on GOLD based on technical analysis π what point i have considere as per fundamental and what news ποΈ I have to cover pls let me know π πͺ© disclaimer : βΆοΈ TQ u for supporting π follow idea π‘ get updates everytime β° when I updated π Note π π keeping comments , reacting with emojis , pointing us is very easy to some people They think π¬ what they see π that was knowledge π We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull π and bear π» is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important βΊοΈ Some Times market easily turn suddenly bear // bull π€£ even we need to catch π«΄ those movements is also very important βΊοΈ π I hope i cleared my view π if any points if I miss I will add in update π post Try to understand, try to learn - try to move with flexibility with market is important Have good day π π§΅π Longby raj5_7_5Updated 9
Gold is bullishGOLD's bullish trend will continue till 6580.... With proper break out and retaste zone...And fly till 6580.... Longby mrmahore56112
Technical and digital analysisWe notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buyby faridsalim3083
GOLD forming Bullish Patter Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading. Follow me on You tube for more educational videos Gautam Khanna Technical Analyst by Passion :-)Longby GautamKhannaUpdated 117
gold point and figure chartIt is actually VERY simple. 2023 2019 2004 #gold 50$ box sizeby Badcharts2
GOLD FC futures in 60 minDec 8 Hello to all tradingview investors, according to my previous analysis, I see a great sales opportunity with good probability, the details are reflected in the graph, greetings and good luck to allLongby yassir90446
Gold is about to skyrocket according to EWTI am beginning to post on my updated/new coverage list. The first of which will be gold futures. As you may notice, this is the monthly chart. In my last Rivian post I mentioned that I start at the VERY beginning of the chart or as far back as TV has data. I wasn't blowing smoke as I believe this is the only way to ensure you don't get off in the count. Looking at the chart, you can tell I am counting this as an impulsive structure and we're in one of the most explosive parts of the long-term count. Looking at the economy, it's obvious it is going to do horribly next year. Anyone who says different is kidding themselves. This recession the fed has been trying to put off, IMHO, is about to rear its very ugly head. This doesn't mean every single stock is going to crash. Every chart stands on their own and should be looked at separately without bias or you WILL be wrong at some point. Normally when the economy is doing bad people flock to precious metals such as gold. This fares well with my outlook on the economy and the count I have applied to this chart. If the economy does tank, then I bet gold skyrockets hitting my next target box. I know it is a huge box, but zooming all the way out to the monthly time frame shows us data from 1975 until today. That's almost 50 years' worth of structure/data. I mean the cycle wave I took over 4 years to complete and grew by 773% ending at the 4.236 fib! Thats some insane extensions!! I plan on slowly rolling out this coverage list and will post a weekly and/or daily chart next, followed by the 4HR & 1HR charts, if not this week, then I will next week. With the holidays coming, I along with all of you, will be spending time with family and won't be as available. This zoomed out monthly view should give you all a better understanding on how to start these charts though, and also give a long-term multi-decade thesis on where price action will take us. Bonam Fortunam, --TylerLongby TSuth669
GOLD Futures continue with the Uptrend βοΈOn GOLD is nice to see strong buying reaction from the price 1998 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster are my mainly reason for this long trade.... Happy trading Daleby Trader_Dale116
gold commitment of tradersALWAYS watch what the small, non-reporting speculators are doing. They are CORRECT practically all the time. #goldby Badcharts3
Gold breakout or fail again?Strong bounce and inside the structure. Gold needs to retest the highs and break out or its going to be ugly again.Longby TradingIsNotGambling221
Gold may just be a correctional B-waveGold's performance has been very, very strong. I don't know what price it will go to. But a false breakout may form. Then turn around and go down. Shortby godlpUpdated 7