I took the gold volatility index GVZ and created a simple regression trend from 2008 to present on a monthly chart. I then took the points at which the GVZ spiked above two standard deviations of the trend. These points are the vertical lines on the chart. The vertical lines, or points which had a large spike (all above a reading of 30) on GVZ in most cases...
profit booking in GOLD is inevitable as inflation fear eases
Too many bullish noise ,will look to trade this setup in coming weeks. Might do another chart with detailed analysis.
Situation 1: Maybe fall a bit and then rally as drawn. Situation 2: Tight Rally. Situation 3: Drop, break down, find lower structure. I am thinking Situation 1 is more likely.
Gold to suffer catastrophic collapse - perhaps as low as 1,200$s. Gold has put in a triple top which is very bearish alongside a lower low, so we should see a catastrophic sell off as liquidity evaporates this week. I'll be stacking the physical below 1,400$.
As we see the price of gold has been undecided and it has been playing between the support and resistance so now I will wait for the price to breakout of a zone then comeback and retest that zone then I can place my trade and my stoploss will be decided after the price came back to do a retest then my target will be 400 pips, remember your Risk management depends...
Price is moving into the best trade setup level. This could be a significant move on gold if we get a bar to print in this zone, trapping sellers. We will look for color changes in the direction of the moving averages after the FOMC announcement. **** Watching the live stream and you'll see the level highlighted
Looking for trade opportunities in the futures market educational content. For live traders
If you want to be notified every time I post a new article, just click 'FOLLOW' above. Also, if you want to learn more about a particular topic or need some advice, please comment below the article and I'll be happy to help. Gold price at $2100 after default or US spending review? Despite a slight increase, the price of gold still remains below $2,000 an...
These zones and perspectives offer valuable insights on how to trade within this area. They present opportunities for quick scalping trades, taking advantage of short-term price movements. Additionally, when the price reaches favorable trade-up zones, it is advisable to consider holding positions and potentially increasing trade size through scaling in. This...
We observe a neutral stance towards the zones on the trading view setup. These zones represent critical areas on the daily chart, indicating that we are currently in a ranging market. Consequently, it would be prudent to seek opportunities at this range's upper and lower boundaries.
Gold never gets loved... #gold #silver from 1050$ to above 1950$ WITHOUT breaking out versus SPX
Guess what the US Dollar likes? Gold out performing Copper. beware recessions and market sell offs. vix also tracks this. #gold #copper #usdollar
In this update we review the recent price action in the #Gold futures contract and identify the next high probability trading opportunity and price objectives to target
its been several days the market was undecisive and chaotic. Finally its coming to a normal shape and trend. As always, technical traders are the first to notice the moves...
COMEX:GC1! Gold Futures We have a very strong display area which is a sales area that we can rely on.
This is an analysis that I hope that it ages well, as I am starting a long term position in gold today and adding this asset to my investment portfolio. Therefore, this is not a post about an isolated trade, with a specific expiration date or focused on the short-term. In fact, from a trading point of view I have already lost some great entry opportunities,...
By March '23 gold did a strong breakout near the 2000 quote. After that, the prices did not continue to flow and stucked inside a congestion at that level. At 04 May '23 the prices tried to overpass the previous top but failed. This failure gave us a doji candle, at the previous top, a very bearish signal, and besides that, it also gave us a double top formation....