GC(XAU/USD) technical analysis and directional opinion*In this analysis I will not include macroecnomic analysis as we all know broad financial market is waiting for BoJ to create clear directional bias upcoming end of this week on Friday. However I will make a seperate post regarding "How to decode BoJ decision" on the day before the Japanese rate dec
Gold Futures
No trades
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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Gold Update 17DEC2025: Ending Diagonal Almost Done Market volatility dries up as price approaches the all-time high
Out of the three scenarios posted last time, the first one is playing out
Price is shaping an Ending Diagonal in the final wave up, which should at least retest the record high around $4,400 to complete a full five-wave sequence
Mean
Last week Expected Ranges levels in actionQuick Recap: Last week Expected Ranges levels in action
What is Expected Range Volatility (ER)?
The Expected Range (ER) is a framework that helps traders understand how much an asset is likely to move within a specific timeframe. Based on CME market data and Nobel Prize-winning calculations, pric
This is a follow up on yesterday's videoThis is December 17th and there have been changes in the market since that time that led to 2 bar reversals which are tools that tell us we can go long or short depending on the 2 bar reversal. We looked at it oil which I think has a good reversal here and we'll protect it with a small stop or we ca
MGC Bias: Bullish (price above EMA 20/50), but no fresh impulse.
Structure: Post-trend consolidation / rotation, not expansion.
Entry: Quality pullback buy inside value; stop is structural.
Expectation: Likely rotation to prior highs; limited follow-through.
R:R fit: 1:2.5–1:3 is realistic; 1:5 requ
How to Trade Breakouts in TradingViewBreakout trading is a strategy that aims to capture strong price movements when markets break through key support or resistance levels, often signaling the start of a new trend or continuation move.
What You'll Learn:
Understanding breakouts as price movements beyond established support or resis
Gold Context: Initiative Breakout & The ATH Magnet
COMEX:GC1! COMEX_MINI:MGCG2026 FOREXCOM:XAUUSD
Analysis
1. Market Context (The Transition)
The auction has successfully transitioned. What began as mechanical Short Covering has evolved into apparent Initiative Buying .
• Structure: The market is facilitating trade at higher price
GOLDM (GOLD Mini Futures) - ABC correction done?I do mark my counts and analysis mostly on XAUUSD, because that is the tradable instrument and being used across the world.
Just for a change, I tried to plot my counts on INR GOLD Mini Futures today.
CMP: 133250
TF: 1 hour
As you can see, the corrective rise in ABC format seem to have ended at 1
See all ideas
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 4,387.3 USD / APZ — it has risen 0.52% in the past 24 hours. Watch Gold Futures price in more detail on the chart.
The volume of Gold Futures is 161.57 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 360.31 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.









