Can the Precious Metals Maintain Momentum?Since the highs recorded in January of this year, the precious metals broadly have seen selling pressure after an almost extreme run to the upside. There was large central bank buying of Gold and Silver during the run higher and the momentum carried these markets to all time record highs. Looking at
Gold USD per ounce Futures
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SELL GOLDToday's bullish move was monumental, we now expect a major drop of price since price action reached a strong supply zone,.. the current high is also a Potential Reverse Zone of a Harmonic Bearish Crab on the daily TF which is good confluence, we anticipate distribution to the downside....As always e
GOLD (GC): Fib Confluence & Declining VolumeFollowing a strong macro rally to $5,508, Gold (COMEX Futures) has entered a corrective wedge phase. Price action has pulled back directly into a major confluence zone on the daily chart, testing whether long-term buyers will step back in to defend the primary uptrend.
Key Technical Factors
38.2%
Gold Futures (MCX) Long-Term Cyclical ProjectionGold Futures (MCX) Long-Term Cyclical Projection & Macro Target Analysis (2016–2036)
Description
This TradingView chart displays a weekly macro-cyclical analysis for Gold Futures (MCX), spanning historical data from 2016 through projected cycles up to 2036. The analysis utilizes vertical time marke
Gold – Arc Cycle Outlook | Potential Rebound at Support ArcGold Futures (GC1!) is currently interacting with a Support Arc within the current Arc Cycle, where price is showing signs of respecting the underlying Time & Price structure.
The current market behavior suggests a potential rebound from this Support Arc. If this scenario remains valid, price is ex
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of Gold USD per ounce Futures is 4,357.8 USD — it has risen 1.75% in the past 24 hours. Watch Gold USD per ounce Futures price in more detail on the chart.
The volume of Gold USD per ounce Futures is 60.72 K. Track more important stats on the Gold USD per ounce Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold USD per ounce Futures this number is 75.30 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold USD per ounce Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold USD per ounce Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold USD per ounce Futures technicals for a more comprehensive analysis.









