Get started

Commodities

WTI CRUDE OIL: targeting 95.00 with support by the 1M MA100.WTI Crude Oil is neutral on its 1D technical outlook (RSI = 51.599, MACD = -0.340, ADX = 19.425) as the price hasn't practically moved for 3 straight weeks. Even the 1W RSI remains neutral (RSI = 46.004) as the last 4 candles have closed inside the 1M MA50 - 1M MA100 range. The 1M MA100 is basically supporting the pattern since April 2021. As long as it does, chances are will see a strong rebound to the R1 level, a price action much like what followed the 2013 consolidation that pivoted to Leg (4). A similar S1 Zone was supporting on the 1M MA100. Consequently, we turn bullish on WTI expecting a R1 test in the coming months (TP = 95.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
1
XAUUSD: Neutral on 1D but expecting a bullish breakout soon.Gold is neutral on its 1D technical outlook (RSI = 49.080, MACD = -4.570, ADX = 25.048) as the price is ranged between the 1D MA50 and 1D MA100, on the lower band of the 7 month Channel Up. This suggests that there is significant upside potential to Gold on the medium term and the flat 1D MACD indicates high degree of similarity with June 2024 when the price was again ranged between the 1D MA50 and the bottom of the Channel. All bullish waves that started after lows, reached at least the previosu R1 level and that is our current target (TP = 2,790). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
3
Metals & Miners Are About To EXPLODE HIGHER (50%-100%+)Please don't miss this opportunity. I've been studying the metals charts, and last weekend, the SILJ chart caught my attention. I started looking at longer intervals (Weekly and Monthly) to see what I could find. XME and SILJ are showing excellent Inverted Excess Phase Peak patterns that may resolve as a breakaway upward price trend over the next 8 to 24+ months - sending both XME and SILJ over 40-50% higher at a minimum. This sounds crazy, but Metals and Miners are probably the best opportunities for swing position trading right now as hedge investments and/or very long-term options play. There is nothing else out there that has a 100-200% rally potential and the ability to hedge against global risk factors. I believe SILJ, XME, Gold, Silver, & Platinum will likely be HUGE WINNERS over the next 12-24+ months. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SILJLong
by BradMatheny
2
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the charts today, allowing us to continue to track and trade our route map. Playing in a tight range today and therefore not much update needed from yesterday. We are in a similar play range, as price is still within the retracement range, allowing us to buy dips into 2647. We need a ema5 cross and lock above 2647 for a continuation above. Our lower weighted levels are in place for bounces inline with our plans to buy dips, should we see a failure to lock above and see a drop below. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2668 EMA5 CROSS AND LOCK ABOVE 2668 WILL OPEN THE FOLLOWING BULLISH TARGET 2696 EMA5 CROSS AND LOCK ABOVE 2696 WILL OPEN THE FOLLOWING BULLISH TARGET 2713 EMA5 CROSS AND LOCK ABOVE 2713 WILL OPEN THE FOLLOWING BULLISH TARGET 2733 BEARISH TARGETS 2647 - DONE EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE FOLLOWING BEARISH TARGET 2631 - DONE EMA5 CROSS AND LOCK BELOW 2631 WILL OPEN THE SWING RANGE SWING RANGE 2609 - 2592 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
28
GOLD → Consolidation. One step away from distribution...FX:XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support.... Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on PMI, Powell's speech on Thursday and NFP on Friday... A rebound in US dollar demand early Tuesday kept gold buyers on the back foot. China's ongoing economic problems and the threat of global tariffs from Trump, geopolitical tensions in eastern Europe and escalating conflict in the Middle East continue to weigh on investor sentiment. The future direction of the gold price is likely to depend on upcoming employment data and its impact on expectations of a Fed rate cut Resistance levels: 2660, 2655 Support levels: 2634, 2618, 2605 Since there is no even direction on the market and the price is inside the channel, we will consider trading from its borders. Therefore, a false break of the key resistance may provoke a fall to the support of the range. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
18
Still firmly short goldBros, gold has failed to effectively break through 2650 during the rebound process many times, so gold is still in a weak position. If there is no special news affecting the market, gold will continue to fall after consuming a certain amount of bullish energy, and may even drop to the 2600-2590 area. So in terms of trading, we can temporarily maintain the attitude of shorting gold. Bros, are you as bearish on gold as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
USOIL On The Rise! BUY! My dear followers, I analysed this chart on USOIL and concluded the following: The market is trading on 68.11 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 69.36 Safe Stop Loss - 67.32 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
4
XAU/USD (Gold) - H1 - Triangle BreakoutThe XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2652 Target Levels: 1st Resistance – 2711 2nd Resistance – 2748 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDLong
by KABHI_TA_TRADING
10
GOLD - Price can correct to support line and start to riseHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it rose to $2715 level and broke it, after which made retest. Then it rose to resistance line of channel, after which little declined and then continued to grow. When price rose to $2790 points, it turned around and started to decline, thereby exiting from channel. Gold continued to fall inside triangle, where it fell until to $2537 points, breaking $2715 and $2605 levels. Price rose to resistance line, breaking $2605 level, after which made correction and now XAU rising near support line. Possibly, Gold can bounce up from support line to $2715 resistance level, exiting from triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
4
Why Cost of Living is Still a Concern?Why is the cost of living still a concern, even though inflation has declined to 2.6%? In many elections over the past two years, voters have ranked inflation as their top concern. As we can see, the prices of many commodities remain above pre-COVID levels, with gold and meat prices currently much higher than they were at the inflation peak in 2022. Consciously or unconsciously, both investors and consumers seem to feel that the cost of living will remain elevated for a prolonged period. Moreover, there is always a risk that inflation might creep back up again. Feeder Cattle Futures & Options Ticker: GF Minimum fluctuation: 0.00025 per pound = $12.50 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
CME:GF1!Long
by konhow
8
SPY/QQQ Plan Your Trade For 12-3: Gap ReversalToday's Gap Reversal pattern in a Counter-Trend mode suggests the SPY & QQQ will experience an opening price GAP - followed by a reversal of trend - possibly to the upside. I believe we need to watch how the GAP forms at the open to determine if we are likely to see an upward or downward price trend throughout the rest of the day. My analysis suggests an upside price move is more likely than a downward price move today for the SPY/QQQ. Gold and Silver appear ready for a liftoff. Silver appears to be attempting to break above the recent high price levels and Gold should follow along. I believe any Gold and Silver are poised for a big rally phase - but that rally will come when the US Dollar advance stalls and pulls downard a bit. Bitcoin is still trending in a Flagging formation - setting up the Phase #2 of a Bullish Excess Phase Peak. We need to watch for a breakdown in price - possibly sending BTCUSD down to $80k-$82k. I urge traders to stay cautious (Still). This is not the time to be aggressive as I still believe the low liquidity in the markets will present a very real risk of a volatility event (the Anomaly Event I keep suggesting is likely). Remember, if you can't take the lumps, stop and rethink what you are trying to trade. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
5
SILVER Is Going Down! Sell! Here is our detailed technical review for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 30.989. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 28.202 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:XAGUSDShort
by SignalProvider
1
The Fed's decision adds complexity.World gold prices moved sideways in the context of the USD still strengthening. Recorded at 9:55 a.m. on December 3, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,484 points (up 0.09%). Gold prices face difficulties due to the strong rise of the USD. This could be reinforced as activity in the US manufacturing sector increases. The CME FedWatch tool shows that market sentiment is quite interesting, with a 74.5% probability for a 25 basis point rate cut in the upcoming meeting. This probability is up from 52.3% last week, although down from 83% a month ago. At the same time, expectations about maintaining interest rates unchanged have also been adjusted accordingly. The Institute for Supply Management (ISM) on Monday announced that the manufacturing Purchasing Managers' Index (PMI) rose to 48.4, up from 46.5 recorded in October. Although the sector remains in contraction territory, the headline number was better than expected, with consensus forecasts only expecting the index to rise to 47.7. TVC:GOLD SELL 2647 2649 💵 ✔️ TP1: 2635 ✔️ TP2: 2625 ✔️ TP3: OPEN 🚫 SL: 2656
TVC:GOLDShort
by FalCol_TradingMaster