2.6.24 I started the video cleaning up some issues on oil which I believe is going higher. This video is about the dollar which I think will trade lower but I'm not sure how much lower, and this market has an opening price trade suggesting it We'll go lower. After some discussion on that I went to the gold chart and I framed it for you... the details are...
On GOLD is nice to see strong sell-off from the price 2071, there are nice to see strong volume area.... Where is lot of contract accumulated... I thing that 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 + Strong volume area is my mainly...
Introduction In an era where information is as precious as gold itself, understanding the underlying currents that drive market sentiment has become crucial for traders and investors alike. Gold Futures, a standard in hedging against economic uncertainty and inflation, serve as a beacon for those navigating the volatile seas of the financial markets. This...
In a remarkable display of strength, gold has extended its winning streak for the fifth consecutive day, with its price surging above the $2,060 mark. This impressive rally indicates a growing investor interest in the precious metal and highlights its role as a safe haven asset in uncertain times. The surge in gold prices has been fueled by a combination of...
Hello guys Gold has been a very big mess in wave count. I have used the Futures to come up with a likely and possible wave count. It looks bearish in a 3-3-5 Flat structure
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Good evening and i hope you are well. Today most markets ranged as expected and bears could not make bulls doubt higher prices. Nasdaq was the weakest, while the dow printed new all time highs. The earnings reported after hours seem that they won’t help the bears much either. Sure, nasdaq sold off today but it’s still making higher lows and i don’t expect bears...
$2030/$2070 keeping us entertained for now need a break for next targets nothing standing out at the moment but seems range bound and would prefer selling rallies.
Gold has been consolidating for a while now with-in this wave (5). Structure appears to be waiting for wave 3 of iii of (5) to start. These corrective waves with-in an impulsive count can last for an unreasonable amount of time. There is nothing that dictates the amount of time ANY wave has to take, only that corrective waves are comprised of 3-wave moves. These...
If you look at the front month gold future (GC1!) it is priced below the gold price. Future traders expect the goldprice to be lower within a month. Every time that happens, shortly after the GC1!-GOLD spikes up. So also looking at horizontal lines at RSI and MACD a spike might be imminent. What do you think?
Classic buy the rumor, sell the news event. #Gold went down 10% and sideways for 300 days after the launch of the AMEX:GLD etf. When most gave up, gold resumed its bull run it had started much earlier.
Price towards order-block as mentioned in the price chart .if price makes a bearish bin bar initiate sell positions
Gold is in the middle of a range. Not a good place to enter a trade! Let the market unfold on Monday. Let it tip its hand, then make your move. Look for FVGs to form as price breaks the range. This is the signal to prepare to enter this market. Please leave a like and a comment. I respond to all of my viewers feedback. Thank you. May profits be upon you.
Analysis and Prediction: Gold futures ( SET:GC ) are presenting an intriguing opportunity as we observe a potential breakout setup using the RF (Range Finder) indicator. The RF indicator, known for its effectiveness in predicting market reversals or breakouts, suggests a bullish bias for gold, targeting a substantial move to $2215.90. As traders, our primary...
The left-hand chart suggests that, having failed to establish support at its previous low of 2022, the near-month gold futures contract has further to decline. On this basis we would be more ready to add to an existing short position than to start a new one. The right-hand chart highlights the recent moving-average crossover as a sell signal. We might hold out...
Gold has been trading lower consecutively for the past 3 days. We are expecting one more push to the downside during the NY session. The trade is supported by HTF bias as bearish. Currently we have a decent retracement already above 50% since the last liquidity grab which is placing our trade in Premium range. Entry: 2017-2022 SL: Determine once we have a...
dear all this the price of gold as gold trade in daily support zone but trade on our zone so keep buying only above my zone top point or hold above than we seen more upside
long here good stop loss position, the trend can also provide support if we could hold up. Once it hit 0.782 mark go short tp point B, then white horizontal line and trend line