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Gold Facing Potential Wave 3 Sell-OffGold has seen a solid recovery from the 4400 level, but the move up so far appears to be a three-wave structure from the low, reaching the 78.6% retracement—a key level. In the past few days, we’ve seen a strong reversal back to the lower trendline support. This suggests the market could be poised for further weakness, especially if the smaller blue wave-two channel breaks, potentially triggering a strong wave-three sell-off. We still believe a higher-degree wave-four correction is underway from the January highs, with a good chance that prices will continue toward the lower side of the range. Looking at the bigger picture, strong support is seen around the 4000–4300 area.
SAXO:XAUUSDShort
by ew-forecast
Gold: A Bearish View Gold just printed a trigger wave on the 3-hour chart, with the VWAP oscillator (yellow) crossing down through the zero line, suggesting momentum may be shifting to the downside. Price is currently trading at the Value Area High (VAH) of the volume profile built from the lowest swing low of this range. This area is acting as resistance and becomes an important level to watch. If sellers continue defending this zone, Fibonacci extensions highlight potential downside levels. The first key area sits around 4,500, where previous imbalance and structure are located. Below that, the next potential magnet is the naked POC around 4,245, which often attracts price if the market rotates back into the lower part of the range. The key question now is whether price can hold above value or if this trigger wave develops into a deeper move toward those lower levels. - Turttle.
COMEX_MINI:MGC1!Short
by Turttle_Trader
When War Escalates, Commodities RespondHistory shows one consistent pattern: When geopolitical tensions escalate, capital rotates into hard assets. Not out of emotion. Out of protection. Let’s break down what price is actually telling us. Gold - Structure Supports the Narrative Gold has been overall bullish, trading within a rising broadening wedge pattern. This week, price broke above the last minor high marked in red. As long as bulls hold above this breakout level, the path of least resistance remains upward. 📍 First target: $5,600 📍 Second target: $6,000 Momentum + structure + macro backdrop are currently aligned. Oil - Early Signs of Rotation Oil recently rejected the lower bound of its falling channel. Last week, price also broke above the last minor low marked in red. This opens the door for continuation toward the upper bound of the channel. However, for a true long-term bullish shift, something bigger is required. A break above the last major high marked in blue near $80. If that level gives way, the structure changes significantly. 📍 Medium-term target: $100 📍 Extended target: $120 Until then, oil remains in a broader corrective structure. The question now is: Are we at the beginning of a commodity expansion phase… or just witnessing short-term volatility? ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAUUSD
by TheSignalyst
53
Bullish continuation setup?Gold (XAU/USD) has bounced off the pivot and could potentially rise to the 1st resistance, which acts as a swing high resistance. pivot: 4,878.68 1st Support: 4,549.86 1st Resistance: 5,450.68 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
ICMARKETS:XAUUSDLong
by IC Markets
1
Crude Oil Intraday Analysis: Correction Underway Toward $60Crude oil remains in a short-term corrective pullback within a broader bearish wave structure. Price action suggests one more decline toward the $60 support zone before a potential larger recovery phase begins. Crude oil is currently trading within an intraday subwave iv pullback, indicating a temporary corrective phase inside a broader impulsive decline. According to the Elliott Wave structure, the market appears to be forming subwave v, which would complete an impulse sequence within wave C of a larger ABC zig-zag correction. As long as price remains below key intraday resistance levels, the structure favors another leg lower. The next downside target is the $60 support area, where subwave v is expected to terminate. This level represents a critical technical zone that could attract buying interest and potentially trigger a broader recovery phase.
CFI:WTI
by ew-forecast
Gold Eyes Further Gains After 61.8% Retracement HoldGold is still trading higher since the start of the week. And when looking at the most recent drop toward the 4658 area, it appears to have been a three wave retracement, a corrective move right into the 61.8% level. The current rebound, although small, looks impulsive and is now trying to break out of the corrective channel. This suggests there is still a good chance that gold could retest the 5100 area. But keep in mind that the move up from the February lows can still be a countertrend corrective rally, and the broader correction from the all time highs is most likely not finished yet.
SAXO:XAUUSD
by ew-forecast
Natural Gas - Back to a Key AreaNatural Gas is now retesting the gap, and this is happening right on top of a strong weekly support. That combination matters. When price comes back to fill a gap and sits on higher-timeframe support, it usually turns into a decision point rather than a random bounce. As long as this weekly support holds, the plan is clear: 👉 we’ll be looking for longs, patiently, with confirmation. If buyers defend this zone, upside continuation becomes the higher-probability scenario. If not, then we step aside and reassess. Simple. Let the level do the work. 👀📈 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
CAPITALCOM:NATURALGASLong
by TheSignalyst
5
Silver & the $100 MagnetFrom a long-term perspective, Silver remains clearly bullish, holding well above the blue rising trendline. Zooming in, the short-term structure is just as clean. XAGUSD is trading inside a rising red channel, respecting both its upper and lower bounds with precision. As long as this red channel continues to hold, my focus stays on trend-following long setups. The natural target remains the upper bound of the channel, which aligns perfectly with the $100 level, a round number that has been acting like a magnet for price. What do you think? Does Silver tap $100 again before any deeper correction? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAGUSDLong
by TheSignalyst
7
Natural Gas – Trend Shift in Progress?After being bearish bearish for a while, Natural Gas has broken out of the descending red trendline, signaling a clear shift in momentum from bearish to bullish. What stands out here is how price reacted after the breakout. Instead of selling off again, it held above the recent support zone and started building higher structure. As long as this new bullish structure holds, the bias remains to the upside, with room for continuation toward higher levels. Any pullbacks that stay above support are, for me, opportunities to watch. ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
CAPITALCOM:NATURALGASLong
by TheSignalyst
10
Gold - Control vs Patience… Who Wins Next?Gold hasn’t done anything crazy lately, and that’s exactly the point. Zooming out, the structure is still bullish. Every dip so far has been met with buyers, and the market keeps printing higher highs and higher lows. Right now, price is sitting inside what I like to call a decision zone. This is where the market usually pauses, shakes out impatient traders, and shows its real intention. As long as we’re holding above this green zone, bulls are still in control. This looks more like a pause or reload than a reversal. That said, if price loses this area and starts accepting below it, then the story changes... and a deeper correction would be on the table. What do you think? Will Gold reload and continue higher, or is this where control shifts? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAUUSD
by TheSignalyst
57
COPPER - The Metal No One Is Talking About… YetCopper just did something important, it broke above its previous all-time high. That alone puts it back on the radar from a macro perspective. Structurally, the trend is clearly bullish. Price is respecting the rising trendline, and what we are seeing now is a normal post-breakout reaction, not weakness. The plan from here is simple: 👇 i will be watching the intersection of the rising trendline and the prior structure zone. That confluence is where risk becomes defined and where trend-following longs make the most sense. As long as price holds above structure and respects the trendline, the bullish thesis remains intact. 📊 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:COPPERLong
by TheSignalyst
15
GOLD (XAU) Outlook - Prediction (12 NOV)GOLD (XAU) Outlook - Prediction 📊 Market Sentiment Market sentiment for GOLD remains strongly bullish, primarily driven by central bank accumulation. Since 2023, global central banks led by China have been purchasing gold aggressively, creating a durable demand base. With the FED preparing to initiate QE while inflation remains elevated, I think risk assets like GOLD could outperform as the USD (DXY) weakens. This macro setup continues to support a long term bullish narrative. 📈 Technical Analysis Price has been retracing since October 20, which I think was a healthy correction following a strong expansion. As mentioned in my previous GOLD outlook, price appeared to be retesting the Weekly Value Gap and accumulating within that zone. In my opinion, this accumulation phase seems to have ended, and the market looks ready to continue higher. 📌 Game Plan - Prediction Price has broken out of the accumulation zone and started expanding upward. I plan to enter after a retest near the key zone around $4060. It may dip toward $4027, which I consider a discount zone. I intend to scale in between $4060 and $3950, with invalidation if the daily candle closes below $3900. 💬 Follow my Substack profile for detailed insights and extended analysis. ⚠️ Disclaimer: For educational purposes only. This is not financial advice.
COMEX:GC1!Long
by UA_CAPITAL
CRUDE OIL (CL) PREDICTIONCRUDE OIL (CL) PREDICTION 📊 Market Sentiment Crude oil prices had been trending lower following signs of de-escalation in the Israel–Palestine conflict, easing tensions with Iran, and emerging peace signals from the Russia–Ukraine front. However, recent statements from Trump and the possibility of a U.S. military action against Venezuela have shifted sentiment back to the upside. Venezuela holds approximately 18% of the world’s proven oil reserves and ranks as the 12th largest oil producer globally. Any potential conflict involving the U.S. could significantly disrupt supply expectations, acting as a strong bullish catalyst for oil prices. 📈 Technical Analysis CL swept monthly liquidity around the $55 level and has since shifted into a bullish structure on the daily timeframe. In my view, this move indicates that price has gathered sufficient energy for either continuation higher or a controlled retracement before the next bullish leg. 📌 Prediction – Game Plan I entered a long position at 56.24$. 🎯 TP1: 57.70$ I will take partial profits here and move the remaining position to breakeven. 🎯 TP2: 58.90$ 🛑 Stop Loss: Daily close below 55.40$ 💬 For deeper sentiment and strategy insights, subscribe to my Substack free access available. This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading or investing.
NYMEX:CL1!Long
by UA_CAPITAL
1
If You Love Bitcoin and Own Silver, You Need to See This ChartLet me introduce you to "The Most Extreme BTC/Silver RSI Since 2011" Silver is on course for its strongest annual performance since 1979, supported by a broad rally across precious metals. This uptrend has been fuelled by sustained central bank buying and steady inflows into exchange-traded funds, which have lifted overall investor sentiment. Silver has also gained from robust industrial demand, reinforcing its price momentum. The metal remains vital to global supply chains, with wide applications in electronics, solar power systems and specialised medical coatings. The BTC / Silver ratio gives us one of the clearest lenses to understand when capital is shifting between hard assets and digital assets. A few months ago: 1 #Bitcoin ≈ 3,500 oz of Silver Today: 1 Bitcoin ≈ 1,100 oz of #Silver That’s a ~68% decline in the #BTC/Silver ratio since May 2025. In the 2017 bull market, Bitcoin reached ~1,100 oz of Silver. That was the first time in history. What was resistance back then is now potential structural support Markets don’t forget these levels. On the weekly BTC/Silver chart: RSI ≈ 20 This is the lowest RSI reading since Bitcoin’s creation (2011) Historically: RSI has reached above 80 multiple times But it has never been this oversold versus Silver Let’s be precise: ❌ There is no 100% confirmation that Bitcoin has bottomed versus Silver ❌ This is not a “sell everything, buy Bitcoin now” call But… ✅ If you are a Bitcoin believer ✅ And you accumulated Silver over the past few years ✅ This is one of the best risk-reward zones to start rotating profits from Silver into Bitcoin Should You Sell 100% of Your Silver Right Now? Absolutely not. You don’t exit positions emotionally — you exit systematically. 👉 You can wait for TA / FA confirmations 👉 You can scale in instead of going all-in 👉 You can let the market confirm the rotation This is important — because timing matters. If you look carefully at the BTC/Silver chart: 🔺 Best time to convert Bitcoin → Silver Level 3️⃣ 🔻 Best time to convert Silver → Bitcoin Levels 1️⃣ and 2️⃣ These zones historically rewarded early rotation 👉 What If Silver Continues to Outperform? If Silver keeps outperforming Bitcoin, the chart already shows where profit-taking zones are: "700 oz Silver per CRYPTOCAP:BTC → very realistic in 2026" 370 oz Silver NASDAQ:XAG per BTC → not a primary target right now The 370 oz level would likely require: Bitcoin falling below ~$80,000 A broader risk-off or crypto-specific drawdown Not impossible — just lower probability for now. This is not about choosing sides: ❌ Silver vs Bitcoin ❌ Old money vs new money This is about capital rotation. Big Money Enters 👉 Takes profit 👉 Rotates 👉 Repeats If you love Bitcoin and have already made good money with Silver, This is one of the "FIRST " cleanest transition zones we’ve seen in years — with discipline, patience, and confirmation from TA.
BITSTAMP:BTCUSD
by CryptoEngineering
2
Gold - Pullback or Reload Before the Next Push?📈 Gold remains overall bullish , trading within a well-defined ascending structure. Price is now approaching a high-confluence area, where the demand zone aligns perfectly with the lower red trendline. This intersection is critical, as it represents a classic trend-following buy zone within a healthy uptrend. ⚔️As long as this zone holds, we will be looking for bullish reactions and continuation setups, aiming for a move back toward the upper side of the channel and the previous highs. A clean rejection from this level would confirm buyers are still in control. A decisive breakdown below it would invalidate this bullish scenario. Is Gold setting up for another trend continuation, or will it surprise the crowd? 🤔👇 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAUUSDLong
by TheSignalyst
5