GOLD FUTURES

Bounced hard off the recent upward trendline. Looks inevitable it will try $1300 again.

After suffering the worst day in 6-weeks Gold futures have stabilized ahead of key Fibonacci retracement (61.8% of latest minor range). Also, a small double bottom seems to be forming on intra-day technical charts. More importantly, from a bigger perspective, Gold futures have seemingly held up the month of August after breaking long-term (monthly chart) trendline ...

There are several signals for falling gold prices: Strong resistance at 1300 Reverse pattern on resistance Sales signal in the CCI (breaks 100 from the top) RSI turns from the overbought area Increasing volume at falling price

We are halfway through the month of August and Gold futures look to be maintaining a key monthly trendline breakout. At the current low of the month, price-action tested the (now broken) trendline, leaving behind what technicians call a potential throw-back. Moreover, Gold prices have been strongly correlated with the Japanese yen, which also looks technically ...

This chart originally published about a year ago anticipating a low being formed around 1150 zone did not get follow though and the price action developed a lager falling wedge resulting in eventual low which now seems to be established in 1050 area. Due to this protracted agonising ending diagonal chop, it has whipped up bearish frenzy leading to make wild ...

Let's hope Kim & Donald make friends and that barbaric relic follows this trend, last time they ruined the silver idea.

Are you ready for the metals rally of your lifetime? My analysis shows we are about to start WAVE 3 and it should be a massive run higher. Get into position to take advantage of this and the associated global market weakness that may coincide with this move. My analysis shows that near Sept 1~11, we should be expecting to see a massive VIX SPIKE. This type of ...

It looks like the Bond market hasn't priced in growth or we're going to see a nasty reversion trade in the materials sector and a bond pop. The Copper / Gold pair is a great proxy for inflation due to the divergent properties of the 2 metals. Copper is purely an industrial metal and a proxy for inflationary growth so the 10yr reacts correspondingly. Gold, on ...

Update internal targets

Today is a retracement day with gold, unless some geopolitical issue turns gold up. Will be shorting when NYSE opens.

Commercials are selling

I am edging towards being bearish for gold futures, rest of August, chart appears to have turn or reversed. Gold is going down, most of time DOWI is going up. $1260 is 1st support or resistance area now, if PA can settle lower then $1220 will be 2nd support area... keep on checking and trading bearish at this time.

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On the daily time frame gold is starting to show some buying strength again after a long bearish trend. Currently there are 2 scenarios. Straight up from here or small movement up followed by a retracement towards the support area before a strong move up. Trading Advice: Risk: Start with a small buy position, add more at the support or when the upper range has ...

... starting to see risk enter back into markets here via DJT with only Japan halting the possibility of a clean sweep. BUY GOLD ABOVE 1230.x WITH SL 1205.x -> TP1 1288.x -> TP2 1330.x -> TP3 1423.x Updates over past week -> Earnings season is finally over (phew). -> Significant flattening in China. there is a strange dynamic that happens when the yield ...

SHORT TERM CORRECTION

Note: This morning I learned that the TradingView Blockchain is more immutable than Ethereum or Steemit or just about everything else except Bitcoin. This is because I was not able to edit last night's post not even description. Here is the Description and I also tried to re-scale the info on the chart so that it all fits after a compressed "Publish" view (guess ...

this is a triangle e will go back to 1190 and after that we will have a big move to 1580 .