4.23.24 This video was mostly about reading the market... looking for the location of buyers and sellers using important patterns and not using tools such as oscillators that are far less accuratedo not provide you with a trade location that increases your chances of the market moving in your direction before it moves significantly lower.
*Major levels only
if Sustain above 2346.9 then 2360.8 then 2374.6 then 2398.7 to 2401.4 or 2404.1above this more bullish
if Sustain Below 2338 then 2301.5 then 2289.7 to 2287 or 2284.3below this more bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered...
For your Study only
If Sustain above 2348.8 then 2354.9 to 2357.6 above this bullish movement then 2365 to 2367.7 then 2379.1 to 2381.8 then 2391.3 to 2395.4
If Sustain below 2340.9 then 2333.4 to 2330.7 below this bearish then 2319.5 to 2316.8 then 2302.1 to 2298.1
Consider some buffer points in above levels.
Please do your due diligence before trading or...
the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly.
it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment.
according to tv alerts, forex...
COMEX:GC1!
"Never give up! Failure and rejection are only the first step to succeeding." -Jim Valvano
This is perfect play for a high probable trade to go LONG!!!
Check out the Chart Link below where I breakdown the reason being why I think the market will take off LONG...
Remember when it comes to FRM (Financial Risk Management) our Job is to manage the...
COMEX:GC1!
"Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal
Yo Family I hope all is well. Here i'm going to lay out a few different reason why we may be able to CAPITALIZE SHORT this week on GOLD... This is what we do and we highly skilled at it too... Let's vibe out!!
I study the DXY very very closely as it...
Initial set up a pending order for the sell stop, thats now been invalidated. Looking for a change of direction confirmation.
If that does not occur Ill be placing the sell top order again
Traders see a 64% chance of the Fed cutting interest rates in September, according to CME's FedWatch tool. Lower interest rates will make holding non-yielding gold more attractive. Data on Friday showed that U.S. job growth slowed more than expected in April, while year-on-year wage growth fell below 4.0% for the first time in nearly three years. New York Fed...
I observed a bearish flag pattern on the 15-minute timeframe (TF15) for gold trading. After noticing the price break below the lower boundary, I entered a short position during the first pullback, targeting significant resistance for a short swing trade. On the 4-hour chart (TF4), one can also consider shorting based on the price pattern illustrated in the...
2258 support held, but 2340 is now offering resistance. We have Buyers pushing the prices up for sure, see the GREEN UMVD started last week. We have gREEN Bars but TrapZOne is still RED>
Gold (June) / Silver (July)
Gold, last week’s close: Settled at 2308.6, down 1.0 on Friday and 38.6 on the week
Silver, last week’s close: Settled at 26.69, down 0.139 on Friday and 0.845 on the week
Gold and Silver futures turned higher upon China’s open last night at 8:00 pm CT. It is important to remember China was on holiday late last week, which means a...
Gold is tricky at the moment because it's uncoupled from traditional influencers, it is a form of currency and I think central banks buying gold as a possible hedge against any pending currency crises that might ensue either debasing the US$ or the problems the Japanese are facing with their currency woes.
So I believe we push on higher but at a junction right...
