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...
Keeping an eye open here, will encounter plenty of sellers of paper gold at these elevated levels. short term target $2,499 and expect a bit of selling then, with a possible continued trend upwards later on past $2,500
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
**Levels recorded at 7:35 PM IST
if Sustain above 2268 to 2269 then 2277 then 2286 then 2293 then 2304
if Sustain Below 2268 then 2256 then 2251 then 2233 then 2222
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or...
Gold surged above $2286 per ounce, marking yet another milestone in its remarkable ascent. This surge has persisted for two consecutive trading days, underscoring the enduring strength of the precious metal.
The driving force behind this meteoric rise is the mounting anticipation of an imminent interest rate cut by the US Federal Reserve in June. Such a move is...
Welcome to our "Idea" where we delve into the fascinating realm of recognizing patterns in trading and leveraging them to your advantage. The core idea is simple yet powerful: patterns repeat themselves, and by understanding them, you can enhance your trading success. Our comprehensive lesson plan is designed to equip you with the skills necessary to identify...
HELLO GUYS THIS MY IDEA 💡ABOUT XAUSD nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for...
![GC1!: [GC] Gold's moment after BTC ?](https://s3.tradingview.com/s/sM0tMN2W_mid.png "[GC] Gold's moment after BTC ?")
