In-depth trading ideas

Discover detailed market analysis from traders. See how others approach this instrument, compare different strategies, and discover perspectives that can shape your own view.

320 next?Looks bearish and it desperately wants to crash to 320-300 range. Until then watch and wait. All the best !!

AI Says #4: Today's Drop in Gold $GC! / $GLD 📌 About the "AI Says" series of articles ═════════════════════════ The core research in this series is developed using AI. While it's tempting to use AI to predict price action or pick trades, some of the best use cases for AI is to support chart research & analysis, idea & strategy testing, pattern recognition, and organizing market information. AI truly shines in these scenarios. The goal of this article series is to demonstrate these practical AI use cases. Trade decisions and execution sh

GLD: Bearish Trends SPDR Gold Shares (GLD) closed its last trading session at $401.17 USD, up 0.71% over the day, amid discussions regarding the debasement trade and macro commodity trends. GLD remains the top vehicle of high volume, short term active traders due to its massive liquidity and near zero bid ask spreads. Technical Outlook: GLD is situated on a descending channel motion, trending on lower highs and lower lows for couple of weeks now, in regards to the chart framework. Price is presently at the resista

by Blaisefxacademy

GLD to 436 this setup can confirms the 11% move to the up side where gold spot is around 4400.

GLD Daily: Double Bottom on Volume, 400 Breakout Needs EMA Cloud CONTEXT GLD printed a double bottom today with an up candle on good volume. Price, however, is still under the Ripster47 EMA clouds and the 395 level. The Iran-US deal is the key catalyst for Gold going into Monday. KEY LEVELS - 395: first level to reclaim - 400: breakout level - Ripster47 EMA clouds: price still below them - 34/50 EMA: curl needed to confirm the bullish case WHAT THE CHART SHOWS The double bottom plus an up candle with good volume shows demand stepping in at the lows. That's

GLD Daily: Double Bottom Forming at 388 Support on a Low-Volume Context Choppy price action in gold again today. A small doji candle on low volume printed at the 388 support, and a double bottom pattern is now forming. Nothing interesting in the volumes. Key levels Support: 388 Resistance range: 395–400 Trigger: 400 What the chart shows A doji is indecision: buyers and sellers finishing the day in the same place. On its own it tells you very little. What gives it meaning is where it appears and what volume it appears on. Sitting at support on light volume

GLD Analysis: Gold Breaks 395 on Low Volume, Gap Down Fade in Pl CONTEXT For the last 5-6 days, 400 has been the key level on GLD: - Long over 400 - Choppy between 395-400 - Bearish under 395 The market has now broken 395. For CFDs, search XAUUSD. For futures, GC1! KEY LEVELS - 400: key level - 395: breakdown level now being watched - Downside targets: 390, 385, 382 WHAT THE CHART SHOWS The break of 395 came with average volume much lower, less than 30%. Volume is not supporting the trend. For today's session, the setups on watch were a Gap Down Fade or a

$GLD — Test Followed Through, But the Breakout Is Still on Proba Closed over 400. Same view as yesterday. Yesterday's session printed a Test near the key level — price dipped in, sellers didn't show up, and it closed off the low. Today price followed through and finished at the top of its range, right on 400. That's the sequence worth seeing: Test first, then follow-through. The Test asks the question, the next bar answers it. One thing to stay honest about — volume is still running well below average. Price is doing the work, size isn't behind it yet. A b

$GLD — Test Candle at 400 Says Sellers Are Gone, Breakout Not Ye Choppy day for AMEX:GLD and gold, but it looks like it's getting ready for the 400 breakout. Today printed a Test candle right near the major key level. Here's what a Test is, because it's one of the most useful bars in VSA. After a market has been under pressure, professional money wants to know one thing before pushing higher: is there any selling left? Price dips into the area where sellers used to show up — and watches. If supply is still there, volume jumps and price gets hit. If it's

$GLD — Maximum Confluence at 400, Compression Says Coiled, Not T A choppy day, but a tried curl over 400 plus the @ripster47 5-12 and 34-50 clouds. All the confluence is sitting right here at 400. That's the thing worth paying attention to. The 5-12, the 34-50, and the MTF clouds have all compressed into the same zone as the 400 psych level and the key level. When every reference point on the chart stacks into two dollars of price, the market has stopped trending and started coiling. Compression like this doesn't resolve quietly. The longer everything sits

Opening: GLD October 23rd -435C/445C ... for a 1.58 credit. Comments: Delta hedge. Picking up some short delta here to flatten the net delta of my GLD position. Probably not a good standalone, bearish assumption trade ... .

by NaughtyPines

Opening: GLD October 16th 2x 369/374/440/450 Iron Condor ... for a 2.74 credit. Comments: Adding out in the October monthly. Primarily in this for its lack of correlation to the broad market. Going double double on the put side to accommodate skew ... . Metrics: Max Profit: 2.74 ($274) Max Loss: 7.16 ($716) ROC at Max: 38.3% ROC at 50% Max: 19.1% ROC at 10% of the width of the widest wing: 14.0% Money, taking, running at 10% of the width of the widest wing rather than farting around waiting for 50% max to come in.

by NaughtyPines

$GLD — Two Signals Disagree at 400, Let the Range Decide Same thing happens. Closed near 400 again — no decision yet while price stays between 400 and 395. Two signals pointing opposite ways right now, and that's exactly why this isn't a trade to force. First — No Demand at the level. Price gapped up to 400.28, tagged 401.44, then faded all session to close 398.36, right near the low of the day. Range came in at 43% of a normal day and volume at 62% of average. An up move on light volume, narrow range, closing at its low, directly into resistance —

$GLD — Upthrust at 400 Rejects the Level on Heaviest Volume of t A clean rejection at the 400 psychological level and the @ripster47 5-12 cloud. Here's what made this bar different from everything else this week, and it's worth understanding why. For the last two sessions, gold drifted lower on falling volume — 7.28M, then 6.65M against a 12M average. A level breaks and nobody follows. That's drift, not a trend. Today the range came in at 156% of a normal day (12.21 against a 7.82 ATR) and volume at 129% of average (15.56M) — both the widest and heaviest o

$GLD — Inside Day Into FOMC, Key Level Holding as Resistance AMEX:GLD put in an inside day — the entire session traded inside yesterday's range. Smallest range of the whole move, and the lightest volume too. That's what price looks like when the market is standing aside for a scheduled print rather than resolving anything. Two things worth internalizing from a session like this: A quiet bar ahead of a scheduled event isn't a signal. Narrow range on shrinking volume normally reads as sellers drying up. Not here. Volume falls off before FOMC because part

$GLD Daily Close — Sep 14 AMEX:GLD Daily Close — Sep 14 AMEX:GLD looks much weaker than AMEX:SPY and NASDAQ:QQQ right now. 395 broke, and I've flipped to a short bias against 400. The level went on a close — 392.84, after gapping down to 391.89 and failing the reclaim attempt at 395.90. 395.51 was support for a week. It's resistance now, and the retest already happened inside today's session. I'm going to be straight about one thing though, because it cuts against my own bias. Volume on this break was 7.28M aga

$GLD Weekly Outlook AMEX:GLD — Weekly Down 1.97% to 398.77. But look at how it fell: volume at 123% of average, range at only 57% of normal, closing off the low. Heavy volume that produces almost no movement is absorption. A lot of stock changed hands and price barely moved — someone is taking the selling. This is the second Test sitting right on the weekly 34/50 cloud (@ripster47 EMA cloud). So far it's holding. The line is 395.51 — weekly 34/50 and the Stopping Volume low together. Weekly close above 400.35

$GLD — Sep 11 close AMEX:GLD — Sep 11 close This one is worth paying attention to. Two red candles in a row — one on a down day, one on an up day — both with increasing volume. Buyers are trying their best to lift this market and something is going on underneath. Today shows it clearly. Gapped up to 403.65 on the print, then got sold all day to close 398.77, right near the low and back under 400. Volume rose again. Effort with no result — that's supply meeting every rally. Fundamentally, CPI m/m came in hot, an

Opening (Delta Hedge): GLD October 2nd 2 x 380P/-385P ... for a 1.10 credit. Comments: Delta hedge to flatten net delta of my iron condor. (See Post Below).

by NaughtyPines

GLD Head and shoulders AMEX:GLD Head and shoulders pattern, more visible in 1 h or 4 h candles. Objective would be around $363

$GLD — Sep 10 close AMEX:GLD — Sep 10 close 400 failed. Another Gap Down Fade — opened under the level, tried to reclaim it at 401.15, then sold off all day to close 396.36, near the lows. That's an MTF Break (@ripster47 EMA cloud). The close is below 399.33, which was my line, so my long from 400 is done. I'll own that: I said at the time the bounce was unconfirmed — no Stopping Volume, no hammer, holding on an absence of sellers rather than any real buying. That's the version that gives way, and it did. Volum

$GLD Daily Close — Sep 9 AMEX:GLD Daily Close — Sep 9 The level held. This was the point I made in yesterday's summary, and I added long from there. Where it held is worth being precise about. Yesterday's close was 399.72 — actually just under the round number. What held was 399.33: the Key Level, and the lower edge of the MTF cloud (@ripster47 EMA cloud) sitting right on top of it. Three reasons stacked in one point. Today the 400 psych number held properly, with a 401.18 low. One correction on my own wording from

$GLD Daily Close — Sep 8 AMEX:GLD was under pressure from the start of the day. Opened with a gap down and faded all day, closing 399.72, down 1.73%. It tested the 400 psych level and finished just underneath it. On the volume, my read holds — 8.68M against a 12.13M average, 72% relative volume. Light. But I want to be precise about what light volume on a down day means, because it's the whole read. It doesn't mean heavy selling. It means nobody was selling with size at all. Professional money didn't dump this. What i