GOLD FUTURES WILL TEST $1576Comex gold futures will test $1576 for its final leg of proceeding wave C next week.
good opertunity for physical buying
Goldfutures
COMEX GOLD $1506?Ongoing correction in COMEX gold futures will aggravate if it breaks bullish support line($1655), and may free fall upto 1506 within 2 weeks.
Gold, Set up TradeGold, break out Significant Support! Short at the Retesting Area. Watch out Friends!
LONG TERM VIEW IN GOLDGOLD HAS ALREADY REACHED THE PEAK OF THIS PERIOD AND ITS THE TIME TO CORRECT AND ALREADY CORRECTED LITTLE BIT, AS PER TREND ANALYSIS AND CHART PATTERNS AND FUNDAMENTALS IT HAS TO CORRECT AND 200 TO 300 DOLLARS. THIS CHART PATTERN WILL FAIL ONCE IT BREAK AND CLOSE ABOVE THE TREND LINE RESISTANCE
GOLD AT A MAJOR DISCOUNTToo much attention into BITCOIN causing GOLD to sell off imo. GOLD will head much higher soon. I would buy again if it does dip, but 1769 was probably the bottom. The dollar will be at sub 89 soon enough, and it has not been around that level in 3 years. I predict bonds will fall as well. Everyone will be chasing gold sometime this year. GL all.
gold buy (short)i hope my analysis and forecast of the gold price trend next week is correct.after the price reaches the goal .i subsequently draw the next goals.
GOLD FUTURES 1D TF SET ALERTS FOR GOLDS DROP TO THE BOTTOM OF THE CHANNEL , LOST THE SUPPORT OF THE 200EMA AT THE PRESENT AND THE DXY MAKING A BIT OF A COMEBACK HAS PUT THE PRESSURE ON GOLD . WITH THAT SAID WE ALL KNOW THAT THE FED JUST KEEPS PRINTING SO SET ALERTS FOR THE BOTTOM OF THE CHANNEL BEFORE FILLING LONGS AND WATCH THE REACTION FIRST . TARGETS ARE LAID OUT ON CHART ... LIKE AND FOLLOW WOULD BE GREAT
Gold Futures AnalysisGold Futures Analysis
The Idea is to go long as per Major trend, but wait the end of the price retracement before going log.
Possible Support Levels:
1800 USD
1700 USD
If the support 1700 USD will not be broken in the next months, target price might be 2100 USD
COMEX:GC2!
Gold is seeking for Resistance before moving down further.XAUUSD moved sharply to the base and now searching for Resistance in sideway move, In fact we can not perdict gold move perfectly till it give some reasonable data. So wait for next move than only we can suggest the most probable direction.
Sell XAUUSDAs you can see, we have a double SPRING BOX which gives us a good signal to enter the market by a short position. SELL XAUUSD.
Gold Mini Futures Put and ultimately Callhi
as one of my Indian Friends asked me to analyse the Gold August MINI Future i am doing a simple Fibonacci analysis with some Candle stick pattern confluences.
we can see a Dark Cloud Cover candle pattern are the Top and then a Head and Shoulder is on the formation which is a sign of a bearish movement and the retrace can be up to the last support which is fib 50% around 47350 Rs and fib 61.8% or 47000 Rs, If the price can Break the current support at 47800 Rs and as it reaches the retrace (Support) area, we can go for a call option and target it at 50000 Rs and second target at 51200 Rs
our safe Stop Loss con be at 45480
GD Headed back up in the near future - go longLooks like a cup & handle are forming on the 1hr timeframe. Handle could lead to a jump up to 1950 in the near future. Dont miss out!
Gold longterm - cup and handle - update the handle to the cup (which started forming since 2009) is almost completed... could see a rise in 2021 Q1/Q2
if it is a perfect cup it could go up to 2.700 - or 2.450
