Gold Futures COMEX:​GC1!

Where will Gold stop to fall and is there a trade? In my News Blog Video (find the link below this post), I explain exactly where Gold will reach potential support, and if there would be even a trade. P!

After posting a medium term TA that was rather bearish, I have done a very fine-grained look at the current down-move in gold. Based on my count (feel free to disagree), gold has just completed wave (3) down and is now bouncing (after reaching very low RSI numbers) to complete wave (4) of the 5 wave move down into the high $1100s. I have two scenarios (if wave ...

After posting a medium term TA that was rather bearish, I have done a very fine-grained look at the current down-move in gold. Based on my count (feel free to disagree), gold has just completed wave (3) down and is now bouncing (after reaching very low RSI numbers) to complete wave (4) of the 5 wave move down into the high $1100s. I have two scenarios (if wave ...

Massive yearly H&S

EW only

In this video I talk about the bearish inside bar fake-out pattern that has formed on the daily charts in the gold futures market. I cover a short educational lesson on the important of market key support and resistance levels ahead of time. Finally I cover some potential entry / stop loss / profit taking levels for short sellers.

Lower trend-line break. Strong chance of a price bounce to around the lower trend-line before commencing a steep decline to potentially make a 1:1 extension of wave A (primary) which would put the price down to $505 over the next 2 to 4 years. As this is a long timeline and a significant drop, I would tend to lock in profits along the way - as a full 1:1 ...

the gold to the low in a better prospect to be abrupt at a low price and a better accumulation if the goal is to buy cheap, but this price will soon reach a zone of powerful reaction, (bullish correction¡¡ ). the price approaches a higher line of old bull trend.¡ for the moment the price can give signals, but I would spawn a solid conformation.

This is the type of analysis I enjoy more than runny eggs on a jellied biscuit - while on vacation. that is some serious enjoyment. The past week was spent scouring through various stock charts, ETFs, benchmarks, and more. It was not until I stumbled into commodities did I start to see the type of pattern I was on the hunt for. Gold rung the bell harder than ...

RSI with EMA Signal Created By Request For @motcha1 @motcha1 Requested the RSI with EMA Signal. A Larry Williams Follower who says it's a Great Entry Signal when RSI Crosses EMA When VIX Is Showing A Potential Bottom. Looks Good!!! ***Waiting For The RSI To Cross The EMA I’ve Found To Be A Very Precise Entry Without Getting In Too Early. Thanks ...

Been doing all evening and half way into the night so will fill this out with details and sources/references tomorrow, but wanted to publish so I can send link to friends.... Stay Tuned. (If you see mistakes - Even Spelling, please comment)

Looking at the last COT report for gold, it's always important to look at the Net Position of the Commercials (Bullion Banks). Using the Net Position of the commercials we can use one common indicator that I want to show you how to construct is called the COT index. The calculation is below COT index = 100 x (current Net – Minimum Net) / (maximum Net – Minimum ...

Notes and plan all on the chart for now. This is a long term plan with a future planned entry on a pull back to a quality DBR or RBR demand zone if if happens to present itself.

Major support zone. AB=CD pattern. Volume profile. This is highly speculative, so bear in mind and control your exposure accordingly. Targets on chart. Good luck.

GC1!

I believe that Gold is positioned for its next cycle upwards into the 1300s. DXY is starting to show weakness due to trade war tensions between China and US. Next comes inflationary pressure due to increase prices of raw materials and Chinese products which may be curbed by the FED increasing interest rates in the coming months. Even then, Gold has been ...

Keep it simple, will be trading GC bullish for rest of month. Why? chart says so....

Long is coming. Opening a position : STOP : $1221 TP1 : $1332 (50%) TP2 : 1382 (100%) R/W : 4.3