Gold technical analysis Looking at the charts, gold has been trading in a bearish descending trend channel, and the exponential moving average is are crossed, Given these factors, I believe that shorting gold could be a good trade.Shortby themehdi3Updated 8
Gold made a pullback and it may go downGold made a pullback and it may go down according to my analyze Shortby themehdi3Updated 3
DXY GOLD3.23.23 The dollar looks like it's going lower and the gold looks like it's going higher. I made one misstatement that I caught>>> I think gold Is going to go above 2000 and probably go to $3,000..... not $300. I don't really care if it doesn't get to three thousand dollars if I'm training as long as I get in with a small stop and it gives me a three or four to one trade.... that's one more day that we have survived the market. There was a discussion on structure and what it means when the market breaks through structure.19:10by ScottBogatin10
The 4th Dimension Trading i) 2D = Time / Price = Chart = Technical analysis ii) 2D = Macro or / and Micro or / and other analysis 3D = Combining the above (i) & (ii) 4D = Projected time and price based on the past data and market developments 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 Long09:06by konhow2
GOLD - Potential Downward MovementGOLD seems to be having a correction and might be retracing down to demand zone before another bullish attempt.Shortby JoeBigBoi4
🔔🦉 GOLD PUMP? (Or Powell makes us Goldfish 🎣🐠 ) With USD losing it's Key Support before the rate decision one could think this is all a game to trap buyers.... i think this is less than 15% likely today My Gold chart has worked out well before and the support i see at 1937 and 1915 are support levels that can become nice trades.. Have already been long since last idea: Unless Powell comes up with a huge 0,50% hike or/and a very aggressive, scary hawkish statement then Gold should PUMP while dollar takes a dip... that scenario i price in over 85% possible... It looks too good to be true and too simple to be so easy, but that's what I see in the charts and that's what i will trade. Unless Powell wants to bring chaos... One Love, The FXPROFESSORLongby FX_Professor2216
gold future contract expectationi propose to buy gold at 1873.4 and hold the position until the price hits 2095.0 level .Longby ayyoubboufoul0
Trend fellow //@version=4 strategy("Breakout Strategy", overlay=true) // Define the inputs atr_length = input(14, title="ATR Length") multiplier = input(2.5, title="Multiplier") // Calculate the ATR atr = atr(atr_length) // Calculate the long and short entry levels long_entry_level = high + atr * multiplier short_entry_level = low - atr * multiplier // Plot the entry levels on the chart plot(long_entry_level, color=color.green) plot(short_entry_level, color=color.red) // Set up long and short entry conditions long_entry_condition = crossover(close, long_entry_level) short_entry_condition = crossunder(close, short_entry_level) // Enter long and short trades when the conditions are met if (long_entry_condition) strategy.entry(id="Long", long=true, comment="Long") if (short_entry_condition) strategy.entry(id="Short", long=false, comment="Short") by chhabradk0
Trend//@version=4 strategy("Breakout Strategy", overlay=true) // Define the inputs atr_length = input(14, title="ATR Length") multiplier = input(2.5, title="Multiplier") // Calculate the ATR atr = atr(atr_length) // Calculate the long and short entry levels long_entry_level = high + atr * multiplier short_entry_level = low - atr * multiplier // Plot the entry levels on the chart plot(long_entry_level, color=color.green) plot(short_entry_level, color=color.red) // Set up long and short entry conditions long_entry_condition = crossover(close, long_entry_level) short_entry_condition = crossunder(close, short_entry_level) // Enter long and short trades when the conditions are met if (long_entry_condition) strategy.entry(id="Long", long=true, comment="Long") if (short_entry_condition) strategy.entry(id="Short", long=false, comment="Short") Type your question... by chhabradk0
Gold vs. S&P 500 over the last 5 yearsBoth Gold & the S&P 500 are up about +50% over the past 5 years... Which asset class will outperform over the next 5 years??? by Robertlesnicki0
GOLD 1978 Target Hit, What Next?In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunity and price objectives tot arget #Gold01:09by Tickmill4
/GC (Gold Future)Analysis /GC (Gold) Future 1. high made 2014.9 and rejected by the upper wedge TL and tested the Prev. Month high 1975.3 2. MACD histogram is faddign off and sell volume can be seen 3. possible re-test of 1942.6 to 1918.8 4. If sell continues then 1902.9 to 50 DMA 1889.2Shortby Gowdru2
Gold targeting $2250 or higher - then a PauseAre you following my research? It amazes me that I can post a chart/video predicting something to happen 3 to 6+ months in advance, then sit back and watch it play out. Gold has entered a new phase - much different than everyone thinks. This is not 2009~2011 all over again. This is 2003~05 repeating. The next phase of the US market trend, and Gold, will blow everyone away. After reaching levels above $2200, Gold will stall for about 4+ months to levels just below $2000. Then, as we move past Q1:2024, Gold will begin to advance as uncertainty settles across the globe. near the end of 2024, I expect Gold to make a move higher - possibly targeting $2800 or higher. Into 2025, I suspect Gold will attempt to rally above $3000, but will quickly stall into a sideways trend as a new US President dictates policy/trends. 2026 is something we'll have to wait for to see how things play out. My research suggests Gold will continue to trend higher. But, there is a very strong possibility Gold will move above $4k before the end of 2026. So, we'll just have to see what happened with the elections in 2024. Follow my research. Learn how I can help you stay ahead of these crazy market trends. Longby BradMatheny0
Market Structure Broken on GoldA continued decrease in the value of GOLD is anticipated, which recently experienced a rise from $1620 to $1970 price levels between November 2022 and February 2023. GC shows signs of weakness and is likely to continue to head lower, as indicated by the strong rejection of the $1970 price level. The strategy involves a weak correction upward towards the MSS line, followed by a sell-off targeting the $1864 bullish order block. If the trend persists and the order block fails, then the sell-off is likely to continue toward sellside liquidity below the order block as a secondary intermediate term objective shooting for $1830. Further potential targets include $1804, $1793, and $1778 levels after that. Ideally this play I would like to see with large range candles slicing through with relative ease. If the retrace toward the MSS line breaks the $1975 high, then the trade idea will be invalidated. Shortby DenisRisticFXUpdated 2212
GOLD TO HOLDAccording to my chart analysis of GOLD FUTURES, there is a high probability of an increase towards 1991.0 level in the next weeks .Longby Abderrahmane_BoucettaUpdated 2
Inflation on 20 years "Borrowed Time"Gold started its rally since 2000. Whereas inflation and interest rates remain low since 2000. Reason for the "Borrowed Time"? Because easy money policy was needed to create: 1) An increase in money supply 2) By lowering its interest rates Purpose for easy money policy? 3 major events after 2000: 1) Middle East War 2) Subprime crisis 3) Covid-19 rescue plan (it tipped in 2020) The after effect of the accumulated easy money policy seem to be at its beginning. Meaning more upside for inflation and interest rates. Meaning Gold to continue its upward momentum. 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 See the video version below 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 by konhow2
things are looking sketchy, time to hold fiat and gold.without saying too much, i see two possibilities here 1. we are about to see the largest economic collapse in any of our lifetimes 2. we are about to see the kickoff of hyperinflation either way, i think it might be a good time to hold some silver and gold. crypto isnt decentralized, dont trust it.by bmrm980
Gold Shines amid Global Financial DistressCOMEX: Micro Gold Futures ( COMEX_MINI:MGC1! ) Gold prices surged Friday as a wave of banking crises shook global financial markets. Spot gold climbed 3.1% to $1,977.89 per ounce, its highest level since April 2022. Gold price is now within $100 of its all-time high of $2,074.88. In the futures market, the nearby April contract of COMEX gold futures settled at $1,973.5, where the far-month June 2024 contract closed at $2,076.9. The year-long Fed rate hikes cracked the US banking system. Within two weeks, we have witnessed the collapses of Silvergate Bank and Silicon Valley Bank in California and Signature Bank in New York. First Republic Bank, a mid-sized bank in California, received $30 billion emergency injection from 11 largest American banks, led by JP Morgan. Interestingly, it was J.P. Morgan who organized a $30 million rescue plan to avert the collapse of Wall Street in 1907. That crisis led to the creation of Federal Reserve System. A century later, the cost of bank bailout increases by 1,000 folds. However, bank runs have already spread. Credit Suisse, a prestigious investment bank, is under distress. On Sunday evening, fellow Swiss bank UBS announced that it is acquiring Credit Suisse. Gold Price Rises in Times of Major Crises In the past two decades, gold price peaked in times of market turbulence. • The 2008 financial crisis • The 2010 European debt crisis • The 2018-19 US-China trade conflict • The outbreak of COVID pandemic • The Russia-Ukraine conflict • The March 2023 bank run Gold price is also negatively correlated with the US dollar. Last year, when Dollar rose on the back of Fed tightening, gold took a beating. Now, as investors expect the Fed to slow rate hikes, gold shines through the chaos. Investing in Gold: what in there for you? • Diversification: Gold helps reduce the overall risk of your portfolio by providing a hedge against inflation and currency devaluation • Tax efficiency: Long-term capital gains on gold investments are taxed at a maximum rate of 28%, which is lower than 37% for other long-term capital gains • Protection against rising prices: Gold has historically been a good hedge against inflation, and it can help protect your purchasing power • Liquidity: Gold ETFs and Gold Futures are highly liquid financial instruments. Many brokers also buy and sell gold bars and gold coins, with a commission. • Hedge against difficult economic conditions: Gold is a global store of value, and it can provide financial cover during geopolitical and economic uncertainty • Portfolio diversifier: Gold can act as a hedge against inflation and deflation alike, as well as a good portfolio diversifier In a previous writing, I showed that gold did not work well as a hedge against inflation. However, gold holds up extremely well during major crises where other assets lost value. Hedging against Known and Unknown Risks Risk on, gold goes up. Risk off, gold declines. Some risks are expected, while others come as a surprise. Fed rate actions are scheduled events and can be considered known or expected risk. CME FedWatch Tool shows the likelihood that the Fed will change the Federal target rate at upcoming FOMC meetings. It analyzes the probabilities of changes to the Fed rate and U.S. monetary policy, as implied by 30-Day Fed Funds futures pricing data. As of March 19th, FedWatch estimates a 38% chance of Fed keeping the current rate unchanged at 450-475 bp, and 62% odds of increasing 25 bp to 475-500 bp. By providing $300 billion in emergency lending to member banks, the Fed has effectively put Quantitative Easing at work. In my opinion, the Fed has switched its priority from fighting inflation to crisis management. Managing the systemic risk in the US banking system outweighs the battle against inflation at this time. It’s a matter of priority. What’s unknown is the potential failure of any bank not yet exposed in the news. US banks are estimated to sit on unrealized loss in hundreds of billions of dollars in their bond portfolio, largely consisted of Treasury and US agency bonds. As the “held-to-maturity” asset will be sold or marked down, these banks could run into trouble by a run of depositors and investors. In this unusual time, no news is good news. Short-term Trading Strategies The upcoming FOMC meeting on March 22nd make a compelling reason for event-driven trades on Micro Gold Futures. Here is my logic: • If the Fed keeps the rate unchanged, stock market would rally. As a major risk is removed from the financial system, gold price would fall • If the Fed raises 25 bps, stock market would fall, and gold price would rally, potentially breaking the current record high Micro Gold Futures (MGC) contract has a notional value of 10 troy ounces. At $1,993.4, an April 2023 contract (MGCJ3) is valued at $19,934. Initiating a long or short position requires a margin of $800. This is approximately 4% of contract notional value. If gold price moves up to $2,050, a long futures position would gain $566. Relative to the initial margin, this would equate to a return of +70.8%, excluding commissions. If gold price moves down to $1,900, a short futures position would gain $934, a theoretical return of +116.8%. Unexpected market event could be a trigger for gold price to rally. An event-driven trade idea could be constructed around it. In my opinion, comparing to the distress of regional banks, the systematic risks triggered by a Big Bank failure could send global market in shock at ten times the magnitude. If the Fed raises rate next week, I expect more bank failures to coming in the next few months. Happy Trading. Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. CME Real-time Market Data help identify trading set-ups 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 JimHuangChicago1110
GCJ3 High: 2000.00 Low: 1910.00 HigherWeekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.Longby TopstepOfficial2
Gold MCX 65000 Rs target readyHi MCX gold future may reach 65k Fib leval mentioned check it Great opportunity Longby paisachapo0
GOLD enjoying the risk off rallyGold continues its ascend in the risk off environment. With the breakout confirmation at the 1870 resistance region, Gold continues its ascend relentlessly forming a new recent high. Next resistance region is identified at the 2000 level, which is just shy away from last week's high. If the 2000 does not hold, we can potentially see Gold back at the top of the range. Recent price action of Gold is overextended and we can potentially see a huge correction with the FOMC lined up. by TrainingTrader2
Gold and SPXIf SPX is getting ready for final leg down, Gold did well during same in 2000 and 2008by mpkalapala0