GOLD1! trade ideas
Gold Futures – Momentum Strong but Eyes on Jobs DataPrice pushed extremely bullish yesterday, with little chance for pullbacks. I admittedly got stopped out a few times from reacting too quickly to impulses, so today I’m focused on patience and waiting for confirmation.
Currently, Gold is holding above recent levels after breaking higher. There’s still a clean 4H/8H FVG below that price could revisit, but as long as momentum stays intact, buyers remain in control.
⚠️ Important: Tomorrow brings ADP Non-Farm Employment, Jobless Claims, and ISM Services PMI — all of which could drive volatility. Friday is the heavyweight NFP release. Until then, we may see liquidity hunts or choppy price action.
Scenarios I’m watching:
✅ Bullish continuation toward new highs if support holds.
🔄 Deeper pullback into the FVG if momentum stalls.
Staying patient, letting the market show its hand, and keeping risk tight ahead of news.
All Time Highs for Precious MetalsGold and Silver are continuing to show resilience today leading the precious metals higher to new all time high prices. Looking at the Gold market, today marks 5 consecutive days with a higher all-time high and a higher low, and Silver has had 4 consecutive days with a higher high and higher low, which is rare to see at elevated prices for these markets. There was some significant data released looking at JOLTs, which was the lowest reported number since Match of 2021 which led Gold and Silver to both see positive gains again today. Along with that, there is an expected nonfarm payrolls report and an unemployment rate coming out Friday, and the nonfarm payrolls number is expected at 74k, which is the lowest expected number since February of 2021.
Equity markets battled back and forth today and the S&P and Nasdaq were able to finish the day positive with a strong upside move into the close. With the equities trading near all time high prices, there will be a lot of attention on the economic data for the rest of the week looking at jobs and employment. The CME Fed Watch Tool also saw slight shifts over the past 2 days and now are pricing in a 25-basis point rate cut for the September and October meeting. These figures have been changing rapidly, and traders will get more clarity once we hear from Powell after the September meeting in a few weeks.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
*CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc.
**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
GC/GOLD bull rally setupHigh potential: looking for a 60 SMA support (~3200) in 2 weeks and then continue the bull rally (green path)
Medium potential: looking for a 20 weekly SMA support (~3140) in 1 month and then continue the bull rally (cyan path)
Low potential: directly break out next week (red path), but indicators do not quite support this case, so it may need some "external news"
Gold Lags Behind SilverGold lags behind silver. I’m referring to silver’s percentage gains outpacing gold, not suggesting that silver is becoming more expensive than gold. Investors and traders focus on percentage gains, whereas consumers buying jewelry make decisions based on how much it’ll actually cost them.
Last year, silver’s 60% gain outpaced gold’s 40%, and year-to-date, silver has once again outperformed gold with a 52% gain compared to gold’s 36%.
Micro Silver Futures
Ticker: SIL
Minimum fluctuation:
0.005 per troy ounce = $5.00
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
Gold Futures (MGC / GC) — Daily Outlook (Wed)Price just broke the previous ATH (3,578) and is in new price discovery. Momentum is bullish, but there are key imbalances below that could attract price before continuation.
🔍 Key Levels
ATH (3,578) → breakout level to watch
1H FVG (3,565–3,575) → short-term support zone
4H + 8H FVG stack (3,515–3,535) → deeper liquidity target
Immediate resistance → 3,610–3,620 zone
⚖️ Scenarios for Wednesday
1️⃣ Bullish Continuation (primary bias)
If ATH (3,578) holds → look for continuation into 3,610–3,620+
1H FVG may provide a bounce if tested
2️⃣ Deeper Pullback (secondary bias)
Failure to hold ATH → watch for a drop into 3,515–3,535 (4H/8H FVGs) before bullish continuation
✅ Trade Plan Idea
Continuation play:
Buy on ATH retest / 1H FVG bounce (3,575 zone) → target 3,610–3,620+
Deeper retrace play:
If ATH breaks clean → wait for price inside 3,515–3,535 zone → look for reversal confirmation long
📌 Notes
Momentum = bullish until proven otherwise
Don’t chase → wait for either ATH defense or clean retrace into imbalances
Manage risk → this is price discovery, expect volatility
📊 What’s your bias here? Do you see price holding ATH for continuation, or do you think we dip first into the deeper FVGs?
Basic Trading: Marking Support and Resistance In this lesson, I walk through the basics of how I mark support and resistance levels on my charts. These key zones highlight areas where price has reacted multiple times, creating strong consolidation. Within these zones, there’s often opportunity to capture moves as the market ranges and builds momentum. By identifying these levels, traders can better anticipate entries, manage risk, and find room to profit inside the zone before price makes its next breakout or reversal.
Basic Trading Marking up Support and Resistance In this lesson, I walk through the basics of how I mark support and resistance levels on my charts. These key zones highlight areas where price has reacted multiple times, creating strong consolidation. Within these zones, there’s often opportunity to capture moves as the market ranges and builds momentum. By identifying these levels, traders can better anticipate entries, manage risk, and find room to profit inside the zone before price makes its next breakout or reversal.
gold is at a decision point to continue upward or retrace furthe1->3 : creates solid major buyers in number 2 , if price closes below number 2 this is obviously invalidated and sellers are showing their hand now
3->4 : we return back to number 2 buyers
what do I think will happen next ?
* if number 2 buyers can prove themselves, this could be a very good market edge for the buyers to push the market higher, conversly if we push below number 2 , we would wait for a pull back below to other support, as the uptrend is too strong to consider a full on reversal
* frequency shifted obv return is possible and using that support to predict buying orders,
* hidden bullish rsi and mfi
Gold Holding Asian 50% -- Bulls Gearing up for London Push?Price retraced cleanly to the Asian session 50% midpoint after yesterday’s strong rally. With the London Killzone approaching, I’m watching for bullish confirmation and a potential continuation higher.
Macro backdrop adds fuel:
Markets are pricing a 90% chance of a September Fed rate cut.
JPMorgan now forecasting four cuts starting this month, reinforcing bullish momentum in Gold.
⚠️ Holiday liquidity could create sharp stop-hunts, so confirmation is key. Looking for orderflow strength before stepping in.
GC1! Thief Trader Mission – Short Gold, Grab the Loot🚨💰 Thief Trader Gold Heist Plan – GC1! "The Gold" Metal Market 🎭🔒
🌟Hey Robbers & Money Makers!🌟
Welcome back to another OG Thief Trader Robbery Plan — today we’re targeting the shining vault of GC1! "The Gold".
This time, the mission is BEARISH. The vault doors are heavy, but with layered sell entries, we’re breaking in! 💣💸
📜 The Plan (Swing/Day Trade)
Entry 🏴☠️: Any price level — but real thieves don’t rush! Use layered sell limit entries like a pro:
🔹 3360.0
🔹 3370.0
🔹 3380.0
(Add more layers if you’re greedy enough 👀💰)
Stop Loss 🛑: Thief SL @ 3400.0 (but remember, OG’s — adjust your SL with your own risk appetite & strategy).
Target 🎯: Police barricade spotted near 3300.0 — our final escape point is 3310.0. Grab the gold & run before the cops catch you 🚔💨.
📊 Thief Strategy 🕵️♂️
We don’t enter with just one order — layering strategy is the art of the heist. Multiple entries = multiple chances to loot the market. Scalpers & swingers both welcome to join this robbery.
📰 Thief’s Outlook (Gold Market Status)
Trend: Bearish bias 🐻
Setup: Short the rallies 🔥
Sentiment: Overloaded bulls = perfect robbery target 🎯
Fundamentals & Macros: Inflation heat & policy shifts keeping gold shaky ⚖️
⚠️ Robbery Warning 🚨
Avoid getting trapped during major news releases 📢.
Protect your loot with trailing stops 🛡️.
Never risk your whole bag on one entry — spread it thief-style.
💖 Support the crew! 💖
Follow, like, and share this heist plan with your robbery gang 🤝. The more OG’s we got, the bigger the score 💎💰.
See you after the escape, thieves — with pockets full & smiles wide 🏆🤑🐱👤
a return to microstructure provides a continuation opportunity 1->3 : creates a higher high ,
with number 2 buyers showing
superior volume with respect to
number 1 sellers
3->4 : we return to the genesis of
the local scope uptrend continuation
what do I think will happen next ?
* obv is in a solid uptrend showing
continued buying pressure
* vwap provides a rejection / support point at
the number 2 low using a lower pivot to anchor
* price has no great reason to come
back above the volume cluster here if selling is the point
* hidden bullish pressure on rsi and
mfi on the lower fracal structure
Gold Futures | New Month Setup – ATH on Deck?Price has been bullish all week with no significant pullbacks. Now as we step into a new month, Gold is pressing toward the previous All Time High (green line).
Key Notes:
Market left behind a bullish H4 FVG that could serve as a retracement zone.
With Labor Day Monday (early close for NY), setups may be quieter until Tuesday.
My bias: looking for a possible pullback into the FVG before continuation higher into fresh ATHs.
Watching closely for price action around the previous ATH to confirm breakout or rejection.
GOLD (XAUUSD): Bullish! Look For Buys!In this Weekly Market Forecast, we will analyze the Gold (XAUUSD) for the week of Sept 1 - 15th.
Gold has been ranging for months. August closed strong, above the high of July. I am looking for continuation of this bullish momentum in September.
Wait for buying opportunities. Be patient. +FVGs will form, and present the best POIs for long entries.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.