Gold has reached very strong demand areas and the start of the ascent from it and now it has penetrated us a good resistance zone and we are likely to see it at previous peaks
Gold made a very strong drop and who bounced back from the strong support area and went back to the strongest display area and from which we will determine its direction
GC1!
GC1! Gold 2021 Oct 25 Week
Last week 1758 held and market progressed.
Hope you had a profitable long trade.
Weekly: High volume up bar closing off high = weakness
Daily: High volume up bar closing off high = weakness.
H4: UHV down bar closing off low = some strength present.
if 1783 / 1793 holds, then market will try for 1815 again.
Entry will be...
Gold Future is evolving inside a trading range.
For intraday trading, we have now signals of buying; we talk here about the higher volume and the wick of the candle that assure an increasing trend.
The GC will try to reach the Resistance R0, after breaking the VWAP.
If we have high volume we could expect a break of that resistance, which means a new increasing...
Hello traders,
The gold future is playing again in a new trading range. Currently we have signs of an increasing trend; it’s confirmed with that high level (After a succession of stable low volume) of volume and that candle. We expect it to reach the Resistance R0 and break it to reach the other resistance R1.
For intraday trading, we buy right now, and keep...
The pitchfork indicator has bounded well the evolution of GC.
So that GC could break those limits, we should have volume higher than the stagnated volumes shown in the graph, so that GC could break the L2 limits.
However, the support of pitchfork indicator is taking the GC step by step to an increasing trend. Therefore, GC would be a good investment for long terms
Hello Traders,
As I said yesterday in my last analysis, of GC, GC future has broken the trading range and makes a comeback to it.
For now, we should wait for good signs of volume and good signs of candles that will give us an idea how GC will evolve.
Those signs will impose to GC a break of that equilibrium zone.
If the break was above this zone, we expect an...
Hello traders,
Currently the GC future shows a decreasing trend, it breaks the trading range (equilibrium range down), however we have signs that assure an increasing trend for intraday trading. We expect it will come back up to the trading range.
For now, the advice is to buy for intraday trading, and sell at the next red volume and red candle, of course after...
As we said in our last analysis of GC, we should wait for a high volume.
The GC shows high level of volume, and shape of candle that assure an increasing trend.
We hope this growth reaches the first level of growth, and if it breaks it, we should go the second level of growth.
The advice is to buy GC and wait for the first red volume and candle to sell for...
