GOLD SILVER PLATINUM COPPER: Metals Are Bullish! Wait For Buys!This is a FUTURES market outlook for the Metals, for the week of March 24-28th.
In this video, we will analyze the following markets:
GC | Gold
SIL | Silver
PL | Platinum
HG | Copper
The USD continues its bearish ways this upcoming weak. It's currency counterparts will likely see some upside this week. Especially the JPY.
Patience and an ear to the news will be the best way to approach the equity markets. The same would also apply to news sensitive commodity markets like US OIL, Gold and Silver.
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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.
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Trade ideas
GOLD - WEEKLY SUMMARY 17.3-21.3 / FORECAST🏆 GOLD – 4th week of the new base cycle (15-20+ weeks), which began with retrograde Venus on March 3 from the extreme forecast level of October 28 (2850 on current futures). The start of retrograde Mercury had no impact on gold’s bullish trend. Mercury simply lacked the energy, as Venus is far stronger. Gold entered a correction at the pivot forecast on March 19, which I mentioned last week in the context of the stock market.
⚠️ Holding the long position from the extreme forecast on March 3. The movement range to the pivot forecast on March 19 for GC futures exceeded USD12K per contract. The next extreme forecast for gold is March 24 – the midpoint of retrograde Mercury. There is also a pivot forecast on March 27, but that is more relevant to crude.
directional zones to bias your tradeshi.
I use fibonacci zones and the concept of price expansion to draw these zones.
they help you determine which way price will go
via backtesting price can travel from one orange zone to another, with 70% accuracy, for the orange line I can only guarentee it'll touch the orange line, not follow through on there
throw on rsi and mfi and look at if both overbought or sold for an interesting zone reversal.
happy trading
GC1! : Buy opportunityOn GOLD, we have a strong likelihood of seeing a strong uptrend after the rebound off the support line. However, you must wait until all the analytical conditions are met before entering a buy position.
Furthermore, you can strengthen your buy position after the Vwap indicator breaks.
Bullish Gold Trajectory and Fundamental Analysis of XAU/USDThe gold market (XAU/USD) has been exhibiting strong bullish momentum, as evidenced by the price patterns and macroeconomic conditions.
Bullish Price Trajectory: Historical Patterns
The attached chart highlights two distinct bullish patterns in gold's price movement:
1. Pattern 1 (July 18, 2024 – October 30, 2024)
Initial Price: $2,394
Closing Price: $2,762
Percentage Increase: Approximately 15.37%
This pattern reflects a steady upward movement within a defined bullish channel.
2. Pattern 2 (January 7, 2025 – March 14, 2025)
Initial Price: $2,706
Anticipated Closing Price (March 14): $3,100
Applying the same percentage increase from Pattern 1 to Pattern 2 predicts a potential price of $3,121.96, suggesting further upside.
Argument for Repetition of Pattern
The market structure in Pattern 2 closely mirrors that of Pattern 1, with consistent higher highs and higher lows.
The current price trajectory remains within the bullish channel, reinforcing the likelihood of continued upward momentum.
Fundamental Drivers Supporting Bullish Gold Prices
Gold's bullish outlook is supported by several macroeconomic and geopolitical factors:
1. Safe-Haven Demand
Economic Uncertainty: Persistent economic instability, including geopolitical tensions (e.g., wars in Gaza and Ukraine) and global trade disputes, has increased demand for safe-haven assets like gold.
Market Sentiment: Consumer confidence has been declining due to inflation fears and policy uncertainty, prompting investors to hedge risks by buying gold.
2. Central Bank Accumulation
Central banks worldwide have been aggressively buying gold to diversify reserves amid geopolitical risks and concerns about fiat currency stability. This trend provides strong support for gold prices.
3. Easing Monetary Policy
Recent data shows U.S. inflation easing to 2.8% year-on-year in February 2025, down from 3% in January. This has fueled expectations of Federal Reserve interest rate cuts.
Lower interest rates reduce the opportunity cost of holding non-yielding assets like gold, making it more attractive to investors.
4. Weakening U.S. Dollar
A weaker U.S. dollar often boosts gold prices as it becomes cheaper for international buyers. Current monetary policies and fiscal challenges in the U.S., including rising debt levels, are likely to put downward pressure on the dollar.
5. Inflation Hedge
With persistent inflationary pressures globally, gold continues to serve as a reliable hedge against inflation. Analysts expect this trend to persist through 2025.
Technical Analysis Supporting Bullish Outlook
1. Support Levels
The chart shows that gold has rebounded strongly from a well-defined support region around $2,600–$2,700.
This region aligns with prior consolidation zones, indicating strong buyer interest.
2. Moving Averages
Gold prices remain above key moving averages (e.g., EMA-65), signaling sustained upward momentum.
3. Oscillator Signals
The Stochastic Oscillator indicates that prices are rebounding from oversold levels, confirming renewed bullish momentum.
The combination of technical indicators and fundamental drivers strongly supports a bullish trajectory for gold prices in the near term:
Historical price patterns suggest that the current bullish channel could push prices beyond $3,100 by mid-March.
Macroeconomic factors such as easing inflation, central bank buying, geopolitical risks, and monetary policy shifts create a favorable environment for further upside.
Given these conditions, investors and traders should remain optimistic about gold's performance in 2025 while closely monitoring key support levels and macroeconomic developments.
Gold Above $3,000 and MoreAccording to the World Gold Council, more than 600 tons of gold — valued at around $60 billion — have been transported into vaults in New York. Why are they doing that?
Since Donald Trump election in November, there is around $60 billion worth of gold that has flowed into a giant stockpile in New York.
The reason why physical gold is flowing into the US is because traders are afraid Trump might put tariffs on gold.
Gold Futures & Options
Ticker: GC
Minimum fluctuation:
0.10 per troy ounce = $10.00
Micro Gold Futures & Options
Ticker: MGC
Minimum fluctuation:
0.10 er troy ounce = $1.00
1Ounce Gold Futures
Ticker: 1OZ
Minimum fluctuation:
0.25 per troy ounce = $0.25
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
Trading the Micro: www.cmegroup.com
Gold Breaks $3,000: Bulls Maintain Strong Control in the MarketGold Trading Update: The $3K Target Achieved
Gold has reached the $3,000 target as expected. Technical analysis indicates there's still room for further upside, potentially towards the overbought line of the larger uptrend channel. Notably, we're not seeing any signs of supply entering the market yet.
The $3,000 level was our focus, and gold has just hit that today. We've been watching this breakout, which tested on low volume. The upward momentum continues with an extension forming, and volume is now picking up, showing improvement in the trend.
What's Next for Gold Trading?
The current technical indicators suggest we can still move higher. Gold has been advancing for five to six consecutive days, demonstrating persistent improvement to the upside. Supply on the way up is comparable to the previous strong area we've discussed.
What makes this move particularly noteworthy is the absence of significant reactions or pullbacks. The market is showing only very small retracements, indicating bullish strength.
This continued strength without substantial corrections suggests the bull run in gold may continue in the near term. Traders should watch for potential targets at the overbought line of the larger uptrend channel as mentioned in our analysis.
This analysis is for informational purposes only and should not be considered investment advice.
Mcx Gold getting ready for further details (feds decision)### **Gold Futures (MCX) 4H Chart Forecast**
#### **Key Levels:**
- **Resistance:**
- **89,500 - 91,000 INR** (Upper boundary of the trend channel)
- **Support Zones:**
- **87,930 INR** (First minor support)
- **86,665 - 86,149 INR** (Stronger support)
- **85,000 INR** (Major downside target)
#### **Technical Outlook:**
- Gold futures are currently trading around **88,682 INR**, still inside the **ascending channel**.
- **Potential Bullish Scenario:**
- If gold **sustains above 87,930 INR**, it may test **89,500 - 91,000 INR**.
- **Potential Bearish Scenario:**
- If gold **breaks below 87,930 INR**, it could drop to **86,665 - 86,149 INR**.
- Further breakdown below **86,000 INR** could push prices toward **85,000 INR**.
#### **Trading Strategy:**
- **Buy on dips** near **87,930 - 86,665 INR**, targeting **90,000 INR**.
- **Sell below 87,930 INR**, targeting **86,149 - 85,000 INR**.
- Watch for a **breakout above 89,500 INR** for a bullish push toward **91,000 INR**.
GOLD Reached it's Apex and is ready for a dumpIn my earlier posts I said that Gold has the potential to reach the U-MLH, which has become true.
Up there, the price of Gold is stretched. Yes it can go up even more beyond the Upper-Medianline-Parallel. But the overall numbers of occurrences are small.
So, at this natural stretch, price has a high probability to revert to the mean. And this is supported by the fact, that the overall indexes are heavenly oversold and already showing the signs of a pullback to the North (see my last NQ post).
Why not just watch how it plays out, and make a decision for a trade after the FOMC, or even tomorrow. Don't rush into these unknowing situations. Be patient and wait for clear signs to take action.
Gold The chart follows Elliott Wave Theory, Fibonacci retracements, and trend channel analysis. Here’s a summary of the key observations:
Key Technical Observations:
Elliott Wave Analysis:
The chart follows a five-wave impulse pattern.
Wave 3 appears to be reaching its peak, while wave 4 is anticipated to correct before wave 5 extends further.
Fibonacci Levels:
Key retracement levels are marked for potential corrections (e.g., 0.382 at ~2,945.5 and 0.5 at ~2,369.2).
An important 1.618 Fibonacci extension is at 3,101.3, indicating a potential price target.
Trend Channel:
The price is trading within an ascending parallel channel.
The upper boundary of this channel aligns with a potential wave 5 target near 3,845.2.
Support & Resistance Levels:
Support: ~2,804.2 and 2,561.2
Resistance: 3,044.3 (current high) and potential further levels at 3,101.3 and beyond.
RSI Indicator:
RSI (Relative Strength Index) is currently at 72.90, which suggests overbought conditions.
A possible correction (wave 4) could follow before the next bullish leg.
Summary:
Gold prices are in a strong uptrend but might face a short-term correction (wave 4) before resuming their uptrend (wave 5).
Fibonacci levels and trend channels indicate potential retracement zones (~2,945 or ~2,369) before the next leg higher.
RSI suggests overbought conditions, hinting at a possible pullback.
Long-term target could be around 3,845.2.
We Need a Retrace before the breakout IMO on GoldI want to go long. I am long on gold. but I need to see it pull back and establish a low for he week first before I'm interested in attempting the long. This would make for a much stronger move. Just have to be patient and wait for it all to line up inside of the killzone.















