GOLD: Still Bullish? Buy This Massive Dip?In this Weekly Market Forecast, we will analyze Gold (XAUUSD) for the week of Feb. 2-6th.
Gold took a nosedive Friday after Trump's nomination for Fed Chair. The market reacted by a -14% drop, as investors moved funds from metals to the USD.
But is this an opportunity for savvy investors to ente
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About Gold Futures
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
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GC UpdateI was wondering about all the open gaps that GC has been throwing lately, looks like they're all going to fill.
Indicators are showing oversold, but not sure that it really matters. I think gold is headed down to $150 or so, not sure how it gets there though. We could see a bounce first.
Note: I
GOLD: Strong! Buy The Dips!In this Weekly Market Forecast, we will analyze Gold (XAUUSD) for the week of Jan. 26 - 30th.
Gold closed last week bullish, surging to ATHs. No reason to look for shorts. Waiting for dip buying opportunities is the best bet.
Look for the +FVGs on the LTFs to be tested for support. Those may be
GOLD: Rally Hits Our Key Target ZoneGold futures gained fresh upward momentum today, climbing to yet another new high. The price is now trading well inside our red Short Target Zone, which ranges from $5,416 to $6,362.
We will take Profits here on ALL Gold longs and maybe even open a short.
We do have a bit of room left inside the tar
Why Volume Profile Changed the Way I TradeWhen I first started trading, I focused on what most beginners do — indicators, patterns, and endless strategies.
RSI. MACD. Support & resistance.
They worked sometimes.
But many times, price moved in ways that didn’t make sense.
It wasn’t until I truly understood Volume Profile that the market f
GC UpdateLooks to me like this bounce will go a bit higher. It may even double top, gold and silver has a tendency to do that at the top.
Not playing it. Too unpredictable overnight, Asia and EUrope don't always seem to be on the same page with gold, silver, and cryptos. Then again I suppose they weren't
Gold Outlook (GC / COMEX, 1D)Gold just broke above a multi-month resistance line and followed through hard into the 5,300 area. The move is steep, but it’s coming after a long grind up and repeated higher lows, not a single one-off spike.
What I’m watching
Price is extended and momentum is elevated on the daily. That usuall
If You Understand Volume Profile + Market Structure…The Next Thing Smart Money Watches Is Order Flow
In the previous post, I talked about how:
📈 Market Structure shows the market direction
📊 Volume Profile shows where money has already accumulated
But there’s one more layer that smart traders use before committing to a trade:
👉 Order Flow — how o
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
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 Futures is 4,842.8 USD / APZ — it has fallen −0.52% in the past 24 hours. Watch Gold Futures price in more detail on the chart.
The volume of Gold Futures is 212.74 K. Track more important stats on the Gold Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Futures this number is 289.09 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold 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 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 Futures technicals for a more comprehensive analysis.









