Gold made cup and handle pattern in weekly and given a good breakout and now retest is happening .
Weekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.
Hi guys Diagram from my point of view: Mr. Nobody The gold market is a wave 1 and 2 that was clear, the important thing is whether this cycle has ended, is it the third wave???? If it is, it should not enter the territory of wave one, otherwise it is invalid There are other possibilities, for example, another 1 and 2 wave. . . . But if gold is in an upward...
Gold price is falling into a demand zone. Wait for a buy signal, a green daily candle.
comex future contracts have been in a reaccumulation pattern for a couple years, with a wide range. the volume spread analysis and general price action points to bullish accumulation of comex positions. if gold moves the miners will move with force. if you want extra alpha buy miners, and stay out of the futures space, unless your writing contracts. their is no...
Title: Gold Futures ( GC1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1975.2 Pivot: 1912.5 Support: 1836.9 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. Expecting price to possibly drop towards the support at 1836.9, where...
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
Brainstorming potential trade ideas/targets. Nothing firm yet.
It is a dip on the trend after the rally since a while ago. The price may possibly move in range for short term before it continues the rally.
Title: Gold Futures ( GC1!), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1975.2 Pivot: 1912.5 Support: 1836.9 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Expecting price to possibly drop towards the support at 1836.9, where...
Gold is ranging in a megaphone pattern, likely to break upward and continue the bull market it started in 2019. Looking for a pullback to 1825 area then back off to the top of the pattern near 2100.
The Fed and US economic data will likely prompt s big move in Gold/Silver over the next 36+ months. My read on the data is that we are starting a price cycle that is similar to 2002~2005 again. Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011. If that happens again from the $1700 support level, we may see...
There isn't a rocket ship big enough for gold chart if we get a March/Q1 close above 2000$. #fintwit #gold #xauusd #silver
According to analysis, it continued toward touching historical resistance. wait and focus on the price of $2004 Point of Short : ($ 2000 to $2088) Point of Profit: ($ 1679 to 1617)
GOLD Future Short @ 1943 TG : 1937 - 1934 - 1931 SL : 1944.60
In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunity and price objective to tatregt
Here is the chart of gold on weekly time frame. and it looks completely bullish. TG: 153232 (7%) SL:135643(4.5%)