GOLD Set To Test Monthly Projected Range ResistanceIn this update we review the recent price action in the Gold futures market and identify the next high probability trading opportunity and price objectives to targetLong00:37by Tickmill119
Gold tradeHere is your roadmap of Gold futures (April) entered on Thursday which had me in a favoutrable position for Fridays move. But from I see we will need to test the 50% at least taking this up to 1922, please note the major range has a resistance point in the same area.Longby BoccaLupoUpdated 1
Gold leads inflation by 20 yearsBank run crisis causes the current Fed fund rate to trade higher than the rest of the bond yields, what is its implication? As US CPI remain high, global equities will continue to be uncertain this year. Investors are now turning their attention to precious metals. Gold has started to move up since year 2000, it has appreciated more than 700%. However, the inflation and interest rates was stagnated the last 20 years. What's happening? Because in those years, I classified it as "Borrowed Time" A need for easy money policy by: 1) Increasing the money supply 2) Lowering interest rates Good times may be over, but I am seeing opportunities in the other set of assets - commodities. For traders - 3 types of gold for trading: • COMEX Gold 0.10 per troy ounce = $10.00 • E-mini Gold 0.25 per troy ounce = $12.50 • Micro Gold 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Long07:57by konhow11
The 3 Dimension Trading / Investing 3D Investing or Trading = Technical Analysis + Depth Analysis Depth Analysis: • Macro analysis or / and • Micro analysis or / and • Other analysis See the following video "3rd Dimension Analysis" link for other analysis. Many use either technical or fundamental analysis alone in their research work, I observed they likely to struggle with confidence to make the entry judgement call. We can develop a greater confidence in how we time the market by combining TA + FA. 3 types of gold for trading: • COMEX Gold 0.10 per troy ounce = $10.00 • E-mini Gold 0.25 per troy ounce = $12.50 • Micro Gold 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Longby konhow3
Gold silver ES1!3.13.23 Sometimes you're going to miss an opportunity because the market Gets away from you. Generally it will cost you money if you chase the market. The good thing about following markets Is that you have opportunity as a buyer and a seller as long as you exercise constraint. Missing a trade does not lose money. Entering a trade that loses money.... Loses money. Make sure even if you don't short markets.... that you always think like a buyer and a seller and this way you will know where the buyers and sellers are. I give some detail on the ES about how you could scalp when markets break lower but then come back to test the gap lower>>> you should look at this and study it even if you don't do this kind of training because it teaches you to think about where Markets will have reversal patterns. Regarding the metals.... I know I am never Going to make money as a long Trader on gold unless I got in last week because I'm never going to be the breakout Trader that goes long on a Sunday. Nevertheless, you should see what happened here. 15:34by ScottBogatin1110
Bearish in GoldSee on Chart friends. It's look like pyramid. 1st starts with upper high 1-2-3-4-5.. Then big spike in Gold.. But after that, look like pyramid angle.. If i am not wrong, then very soon Gold comes down till 53900-52000.. But yes yes.. not close above 56200-57200..Shortby SJ2409Updated 8
Risk off sentiment but Gold is overextendedGold formed a double bottom at 1815 support region with a neckline at 1850 region. The first level of support that price may potentially retrace to before moving higher would be at the neckline level at 1850 region, while the second level of support that price may potentially retrace to before moving higher would be at the potential shoulder level at 1850 region. However if price were to break below the 1815 support region, price can extend towards the 1790 support region. *Update on night session: price continues its ascend to key resistance at 1900 region. Momentum is overextended and may look to fall towards support level at 1872 or 1853 region. by TrainingTrader1
Top 3 Quick Trends:Why Now Is The TIme To Buy GoldThe problem is the USD currency has began a very terrible decline. -- To make it worse this means business that have savings in USD the value of their Savings are dropping. -- You need to look into why maybe now is the time to buy gold -- 1. If you want to save the value of your deposits 2. if you want to trade the up trend 3. if you want the best strategy -- then gold is the one. before this trend began the 50 had to go above the 200 -- As shown in the chart above, after this move the PAR Trial had to indicate a new high on the friday at market close -- This is trend analysis a strategy for you to use to see the beginning of a trend -- Does it happen often? Last week the Jobs Report news was released -- This breaking news could have been the catalyst for this trend. --What will happen next month? When the Jobs report is released? Stay tuned. Trade safelyLongby lubosi3
Side-step a potential storm!Just when we thought the hawkish narrative was pretty much priced in, SVB’s fallout basically threw a spanner into the hiking cycle. You’ve probably read quite a lot about the whole SVB debacle since Thursday’s trading session so we won’t harp on that. We instead want to turn your attention to two other markets that moved significantly since the SVB episode. Interest Rates & Gold. A sharp repricing has occurred in the expected rate path as markets digest the onslaught of SVB-related events. As a result, we saw the probability of a 50bps point hike jump from 30% to 80% and then back down to 20% as of today. Additionally, further rate hikes have also been priced out indicating market’s expectations of a more cautious Fed. Most importantly, the implied aggressive rate cuts starting from the end of 2023 caught our eyes here. As a reminder, the last time the fed paused and then cut rates, Gold responded with a 60% rally. As the potentially lower terminal rate and faster pace of rate cuts narrative begin to pick up momentum, we think Gold deserves more attention now than ever. The next FOMC meeting is only 10 days away. From there, we will get a sense of what the Fed thinks of the current situation. If they start to show signs of retreat from their hawkish stance, we believe it will be a catalyst for this trade. Another point of worry is economic data still coming in hot, at least for now. For those not keeping count, Non-Farm Payrolls numbers have beaten estimates to the upside for the past 11 months as the economy remains unusually strong. With the next set of CPI numbers coming out this Tuesday, a hot print could drive inflation worries further. If the Fed shows signs of easing on the hawkish narrative while Inflation numbers continue to be hotter than expected, higher Inflation expectations could once again drive investors into inflation-protecting assets like Gold. Key volatility gauges have pointed higher over the past few days and major indexes have edged closer to key price and technical levels. Given these, volatility is likely to compound from here as Commodity Trading Advisors (CTAs) potentially flip sides and funds rotate out of the banking sector. In such uncertain times Gold’s status as a safe haven asset could attract flows as investors sidestep the market turbulence. Looking at the price action, Gold still trades well clear of the 500 Day EMA mark which has marked the support for the price action and well clear of the 1800 physiological level. RSI is still middle of the road indicating that there is still room for Gold to run higher. Gold’s relationship with interest rates and position as an inflation-hedge/safe haven asset could very well position it for further upside from here. For now, we think it provides enough upside to sidestep the potentially volatile times ahead. We set our stops near the previous level of support and the 0.618 Fib level, 1755, and our take profit levels at 2065. Each 0.1-point increment in COMEX Gold future is equal to 10 USD. The charts above were generated using CME’s Real-Time data available on TradingView. Inspirante Trading Solutions is subscribed to both TradingView Premium and CME Real-time Market Data which allows us to identify trading set-ups in real-time and express our market opinions. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description. Reference: www.cmegroup.com www.cmegroup.com Longby inspirante1111
$GC #Gc to the moon Well if i didn't call it boyyy i called it this was one heck of a move wow already at the halfway point with room to run lets see how this play out by ThanksNeo2
Gold did a reversal patternAfter weeks with lower prices gold ended up reversing This technical is diffinately something i will study and remeber in the future. Longby sfriismoeller0
Wave scenario, short preferedI indicated three levels of my scenario. Expect Gold to go up to either 1839 or 1847 USD. As it will reach one of this level will look at smaller timeframe how the trend continues. If I see some weakness will look to enter short trade with target 1800.Shortby apmyp33Updated 6
Gold 300-day Bollinger Band LongGold is respecting the 300-day simple moving average as of late. We just put in a double bottom which tagged it twice after the Silicon Valley Bank Failure which can serve as a catalyst for further upside in the week ahead. Similarities between the current situation and the situation before the big run up which began in 2019 are highlighted using 300-day Bollinger Bands for reference. If we get the same 50%+ run up above the twin peaks that we got last time, gold will exceed $3000/oz.Longby Skipper861112
New trend down Again dawn for weeks or a even a few months (April could be the limit) before another assault to 20XX$ this year. No new lows. I dont think it will go under 17XX. But trending down maybe ranging down. This week tops...first part of the week. Shortby JAY_c5velmUpdated 3313
Gold Update (weekly chart)Nothing negative about this chart. Gold experienced a double top breakout on 3/10/23. Normally, I would expect some seasonal selling in Gold around late winter, early spring, but there is nothing normal about this year. I am looking at a target of gold at anywhere from 2231 to 2407 by year end. Longby UnknownUnicorn131010
GOLDIt seems that gold has retested the triangle and now ready for further up move. Till it is above the triangle line all long side trades can be taken. I am just sharing my trend view. Trade can be taken based on individua set up, signal or indicator. Longby YS90
GC1 BuyHello ladies and gentlemen, according to my chart analysis of the GC1 , there is a high probability of a decline towards the levels of 1903.4Longby Hilmi4440
GCJ3 High: 1885.00 Low: 1832.00 HigherWeekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.Longby TopstepOfficial0
$GC for the WinRight now gold is set to break out a W pattern on the daily chart not sure when maybe tomorrow or next week but im be here waiting for this massive move to the upsideLongby ThanksNeo4
Gold MACRO IdeaDYOR. THis is just a guess on price action using shapes I learned in kindergarten.by b6d1016fdeb149be865b678a8ac935Updated 4
GOLD FUTURES Stock Chart Fibonacci Analysis 030823 1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 1830/61.80%by fibonacci61803
GOLD - Potential Upward MovementGOLD tested previous lows and got rejected. It may have formed the start of a double bottom a will likely bounce back up. Exit at supply zone.Longby JoeBigBoi2