On a quarterly close basis (reduce noise), #Gold had a WORST drawdown in 2004 than it did in the Great Financial Crisis of 2008!
It actually ONLY closed 5% lower in Q3 2008, having registered POSITIVE quarters before and after that one.
Let that sink in...
the buig guys uyp top wiolll have areason to crash the market thats legit while tyrying to cover their theiving asses, addd homeless as a topic on googlw trends REPORT is california audit from the 9th, 10 billion spent with no paperwork lol okey dokey, heres your cells a33holes..
Huge participation at Rs. 51,000 zone.
I remember back in 2022 I suggested many people to go LONG in #GOLD around Rs. 51,000 zone only.
+50% returns in 790 days, much lesser yet good as its a top asset class.
MCX:GOLDM1!
🚨 🚨 🚨
#Gold is forming a Bearish Engulfing on the daily charts.
Volume is almost there for a confirmation of the pattern.
Money Flow is low.
Overbought.
Weekly we see Gold forming a doji = battle bulls & bears.
#Silver is at a major resistance.
This should be an interesting week...
AMEX:GLD AMEX:GDX AMEX:GDXJ AMEX:SLV
Levels recorded at 6:40 PM IST
As per my analysis around 2372 is an important level.
if Sustain above 2372 then 2379 then 2383 then 2395 to 2396 or above this bullish then 2419 to 2421
if Sustain Below 2372 then 2365 then 2349 to 2348 or 2346 then 2339 below this more bearish then 2333 to 2332 then 2325 to 2324
Consider some buffer points in above...
The commodities space is thriving thanks to the positive influence of geopolitics, central bank buying, a surge in manufacturing, and a robust economy. These factors have ignited a widespread rally in the precious metals space, painting a promising picture for investors and traders.
Today, we are eagerly awaiting the release of the March CPI print, a crucial...
4.10.24 In this video I thought I would go through the process of deciding if there was a trade or not on the dxy... I would lean towards this market going lower and I explain why even though I would not take a trade on the dollar because it's too contracted and isn't worth the effort because I'd rather trade more volatile markets such as the metals or oil...
Gold have been forming either a Triangle and or IHS pattern on charts. Gold in worse case scenario can make low between 1890-1928 range and this will be great buying opportunity for long term.
If Gold manger to form any one of the pattern above the ultimate target will be USD2311.
Gold (June) / Silver (May)
Gold, yesterday’s close: Settled at 2351.0, up 5.6
Silver, yesterday’s close: Settled at 27.807, up 0.304
Gold futures have now set a fresh record high for the eighth straight session. Although Silver is well below its 1980 and 2011 record highs of $50, the underlying strength exuded in recent sessions is certainly nothing to...
if Sustain above 2358 then 2371 to 2375 then 2383 to 2391 or 2396 above this bullish then 2419 to 2421
if Sustain Below 2351 to 2350 then 2346 then 2324 then 2321 below this more bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not...
Gold futures have gone parabolic this year, outperforming Stock Indices like the Nasdaq 100 and S&P 500. Can this rally continue? Or can we continue to make new all-time highs in what may be a new “Bull Cycle” for the precious metal.
Key Drivers:
Gold is typically sensitive to monetary and fiscal tightening. When interest rates and government spending are at...
Intricate dance between gold and copper prices is a tale beyond mere metals. It reflects global economic sentiments, industrial demand, geopolitical angst, and investment trends.
Gazing into the crystal ball to decipher the future of the gold to copper ratio, a fascinating narrative unfolds, particularly highlighting copper's brighter prospects.
Copper is...
Gold futures ( SET:GC ) have been consolidating within a range for an extended period, accumulating significant energy and potential for a substantial move. Our previous entry before the anticipated breakout has positioned us well to capitalize on this impending volatility.
Currently, the price action demonstrates promising signs as it consolidates above the...
Here is the 14 years of GOLD price history and action. Looking at it we can locate a lot of triangle shaped during its movement.
📌 Nowadays we facing resistance zone of $1860 (2011-high) and this is important zone for the whole world.
Here is the chart of GOLD (XAUUSD) as pic:
Price consolidate in triangles over and over from 2007 and this is quite...
How will you capitalize when Gold is up $500 on a Sunday night? I am not looking for an answer; we futures traders think about it. Gold futures this week reached new all-time highs as anxiety surrounding an escalation between Israel and Iran (OPEC member) pushed the CRB index to its highest level since October as the raw materials basket entered the new bullish...
![GC1!: [GC] Gold's moment after BTC ?](https://s3.tradingview.com/s/sM0tMN2W_mid.png "[GC] Gold's moment after BTC ?")
