gold have buystop on today high today dollar index go down dont allow gold go downer , gold trend + and DXY push it up to trend
now on gold
AC on daily chart is full red,going turn green = buyer and + up trend 90% can comes
AC on 1 hour chart now is red and little can push gold down but when it go down,red full (buysignal) and gold can go up
STRONGLY ADVICE =on gold (silver) after break trend never open reverse posation , for example in next hours if gold break trend , NEVER open sell (dont pick your sell signals , gold after break trendl like caw can 300$ (30.000 pip) can go up witout pullback
now gold has powerful buystop on high ,sl=low and sellstop on it
if you have open sell , you must put SL on today high (instead put buystop) 1901 or 1921 break mean + trend start
GC
GOLD Trading Analysis Before COMEX OpensIt is crystal clear that the gold is ranging in an inclined corridor (see the two inclined lines) + the prices are below the VWAP (for the moment). Since there is no volume the minute I type this, it is difficult to predict exactly what is going to happen. But here are the only 2 scenarios:
First, the market will break the range from above with a strong volume + break the VWAP. In this case, the prices will potentially reach the previous strong resistance (sii the horizontal line).
The second scenario is to bump into the VWAP and continue the down-trend, this will result that the prices will certainly reach the previous range (see the blue rectangle).
Strategy
I will personally wait for the American session to open, to observe the first impulse volume. Once the volumes are here we should see the behavior of the market with the VWAP and with the "micro-resistances" (breaking it or bumping into it). Then initiate a trade when all the elements are present.
Remember, we think in terms of probabilities, the market could be irrational, however, we tend to explain it and analyze the most probable scenarios.
Gold Forecast – Real Or False Breakout?A few weeks ago we had a look into Gold cycles, Intermarket forecasts, and COT. At that moment gold was flagging. As you know it usually follows this pattern very well. But it doesn’t mean always. The current breakout wasn’t qualified as we didn’t have a downclose candle prior to the breakout candle.
Moreover, in 2012 we had a similar situation and it was a false breakout. So, I want to see more price action to figure out what is happening. In case, this breakout turns to be real, the market will target 2600 in 1 – 3 years. With all that in mind, let’s have a closer look into smaller time frames.
Last week the price tested the 1856 level. It was previously a strong resistance. So, no surprise price found support there. The 4h MA200 is at 1837. Technically it should be enough to build a base and start a new wave to the upside with targets 1932 and 1960. This pattern is valid till the price holds above 1800. If this level fails, the bears could take control of this market.
Go for the Gold and go long.You can see that gold took a very big down move today. I think this is a retrace and not a trend. So I think this is where you can buy gold on sale.
You can see that gold price now in gray rectangle and has broken out of the parallel channel. Also look at gray rectangle and you can tell that top is a support and my bottom is demand zone. Once below my demand zone then I think my theory of going up more is wrong.
This is the opposite of normal conservative and aggressive entry. You can see that conservative is more profit goal, but less chance of entry (and because of this less chance of any loss = conservative entry). Aggressive entry is lower target more chance of entry (and because of this more chance for loss = aggressive entry). I have not taken entry yet because I don’t know yet what kind of entry I want. I am going to sit on my entry for a couple of hours and see what I feel.
I change to black, white, grey and yellow chart because I am color blind and I easily mix up other colors. Lots of Irish people are for some reason. Sorry for the dull colors!
Let me know what you think and I love thumbs up and comments!
❤️ Ms Bunny.
See my other long gold strategy. It worked out good! (See link below)
take a look at gold relationship markets on NFP news day
note=above chart not in USD ,in percent %
in next hour dxy on trend touch can go down ,then up, break trend go upper=gold go down
us 10 year yield must go little up if news not comes =gold go down
gold futures still want touch 1850 trend =
gold can zigzag some hour ,even little go up then in wave 2 go down to touch trend then fly up( after touch 1850 trend ,on go up NEVER NEVER pick sell signals until 1960)
if you have sell your tp must be 1-2$ above big trend (1850) +buylimit for hold 7-8 day to min 1920-1960
doji comes on gold : i belive must start down trend to 1850 you can see AC is red from 4 days ago
we dont advice sell on gold but now but you can sellstop on 1887 with sl on 1901 (break 1900 can shoot gold to next target 1960 so 100% put SL,dont remove
in next hours,next days good US GDP 6.4% must push dollar index up ,gold to 1850
ALERT=break high will cancel above scenario ,so put buystop( sl=1887 trailstop=8.00$ )on high is good idea too
secret:gold traders in 1:00GMT to 12:00GMT europe morning must monitor eurusd and germany index dax FDAX1! too (gold always move against dax in mornings , dow in evenings)
note=my main instrument from 2006 is dax ,it is zigzag market ,completly difrant world,maner from gold ...i analyse many instruments,but i only pick dax (95% of my posation) and gold (5%) ,dont think i trade on all
,work on 1 thing better than many instrument ,be pro on 1 thing ,in my idea gold futures GC1! (or gold cfd XAUUSD) is easiest instrument in world ,you need just inter trend ,dont pick reverse ,dont use levrage above 10 max 20 put sl on 15min chart high/low
good luck
2 scenario can comes on gold AC accelator on daily chart is red ,this mean seller can comes (trend -)
AC on 1hour chart is green can 1-2 candel move up ,when it turn red,can push gold downer
2 scenario for today can comes
1-touch 1885 then fly up (buylimit with sl=low 1872 trailstop=10.00$)
2- break 1880 and go to 1850(buylimit place) if this buy open,hold it 10-20 day until 1960 or above (our target is 2400$)
we strangly advice be carefull from sell ,very risky 100% put SL and dont remove,each second gold can fly up wild
for pro traders with above 7 year exprience :
for next days we belive germany index dax FDAX1! can fly up to 15800 -16000 ,,,,in downer price silver have buy too , bitcoin after break 42000 have l(ongterm hold) buy ....monitor them
good luck
buy pressure on gold is very high do you see how gold is very trendy?
it love go up up up witout pullback (+ move) see july 2020 1 hour chart exactly
for next days you must set these buylimits with sl=6.00$ (AC daily is red, 10-20$ down crash possible)
in 1920-1960 we have powerfull sellimit too ,but we dont advice reverse posation on gold , if you want pick them be know winrate is 50% and 100% put sl and trailstop=6.00$ (if reach SL DONT REMOVE IT) gold can go up wild to above 2100(it is not zigzag market)
advice=looking buy in deep buy with SL
how inter buy gold? wait AC on daily chart turn green ok? whenAC 1hour go down ,full red ,you can buystop on 15min chart last high (or last 1hour candel high) SL=4-5 pip under last low
TP= 3*SL
alert= this stratgy 100% need SL ,you must eat 5sl 5tp is normal ,it need min 3 month practice on demo to find its secrets,reactions
good luck
It’s About Time Gold!I have been in an position for gold for longer than I like to. You can see my original plan here: and paste in link below. Finally hit the target today. It went to according to my plan but it took longer than thought. I had to sweat out some time as I see it fall back and go up and repeat. But it did hold my support line all the time which is why I didnt give up. And now it pay off. Now it will be interesting to see what will be next for gold. If you traded with me I hope you mad a good profit to.
Please let me know if you did this trade.
Ms. Bunny. ❤️
ALERT=GOLD CAN EXPLODE dont fear put buystop on high with sl=low 1875 sellstop in low sl=high(5-6 pip above high) trail stop=6after 6-8$ go to profit,move sl to open price , then 2-3 day give time it go
personaly i think gold can crash to 1800 AC daily is red (for go to 2000 need this) ,we must wait see big candel on 15min chart (high speed move) comes to up or down (it show trend)
www.marketwatch.com
important levels on gold most important levels you must save in your mind
2070
2150
2333
2700
all above number have high winrate sellimit(but with sl=6.00$)
on current chart :
look to chart , if you see AC (or stoch 7.4.4) full green,going to red , this will move gold down in next 10 day (if buyer pressure be high ,can zigzag,range gold this week) until AC daily go down,full of red bar,you can buy gold and hold it until AC go up ,full green,3-4 green bar in up (close signal)
if buyer pressure on news go up and gold can break high 1890-1900 , above normal scenario will cancel and gold can fly up
note=AC created by Bill williams is like stochastic movment
secret= on gold,silver (i think on forex too,not sure) AC on 1hour + daily chart is important
on dax index FDAX1! , nasdaq,dow AC on 30min+4hour chart is important (on dax my stratgy is with AC 30-240min ,in 10 pos i eat 4sl 6tp , my tp =3*sl)
for trade gold AC and SMA200(simple movin avrage) on 1hour and daily chart is enough (and draw important support+trendlines),DONT USE INDICATORS GIVE YOU REVERSE SIGNAL like bollinger bond,RSI ,,,,gold is VERY VERY TRENDY ,when go up ,will go up more like cow ( not zigzag like dax)
for metatrader4
4xone.com
#gold vs #FED #M2 ... a wall of #dollars should Push #metals UPPLENTY of ROOM to the upside measure Money stock
GDX, Gold Futures & RoyaltiesWith inflation expectations high and the purchasing power of fiat currency under threat, the traditional store of value is gold. Retail traders have fallen fowl to the manipulation of the yellow metal with the likes of JP Morgan paying $920 million in settlements. New regulations could turn the tide which will allow the price and fundamentals to make sense once again. One way of getting around the inflationary pressures and the price volatility within the precious metals space, is to invest in a royalty company.
Red Cloud Securities likes Vox Royalty, as does Crux Investor.
From Red Cloud:
Vox Royalty Corp. (TSXV:VOX, BUY, C$5.70 target, David A. Talbot) announced it has recognized preliminary record revenue of C$668k (or US$540k) in Q1/21, below our expectations of C$766k. There were no operating costs attached (cash operating margin was 100%) for the quarter as all revenue stemmed from royalties, not streams. Key highlights in the quarter included initial revenue from the Koolyanobbing royalty (uncapped at 2% of FOB sales value royalty) which had iron ore mined at the recently commissioned Altair Pit; increased production from the Hidden Secret deposit, covered by the Dry Creek royalty of Karora Resources (TSX:KRR, BUY, C$9.00 target, David A. Talbot); and rebounding diamond prices in the quarter associated with the Brauna royalty. We believe the company’s revenue should continue to rise going forward, at least through 2023, and expect seven paying royalties by year-end (up from just a single royalty one year ago). FY21 guidance is also forecasted for C$1.7M to C$2.5M, while we forecast about US$2.9M given our higher gold price assumption. With the combination of ongoing royalty acquisitions, and further increases in revenue and earnings as recently acquired royalties come online (read more), we expect the valuation gap between VOX and peers to diminish. VOX currently trades at a P/NAV of 0.7x peers at 1.2x.
Underlying Fundamentals
Inflation has superseded the global pandemic as the primary risk affecting every corner of the globe. The Federal Reserve insists that the inflationary pressures are transient, not pervasive, though the CPI / PCE data shows that CPI has jumped month-on-month at the fastest rate in several years.
Commodity prices have run up to all-time highs as bottlenecks in supply chains create an imbalance to increasing demand on a year-on-year basis, but we have also seen a massive rise in inflationary pressures from the price of energy, particularly through the price of oil. But to the frustration of the retail investor, the price of gold has failed to go parabolic.
The largest economies are looking to spend big on infrastructure, and technologies are pushing towards a global target of net-zero carbon emissions over the next few decades. Gold’s usage within safety-critical technologies and components, fuel cell technology and carbon capture industries are pushing the physical demand at an increased pace with the current industrial/technology markets equating to approximately 7% of total demand.
In the long term, gold serves as a strong strategic component in many portfolios, not only for its diversification benefits but also for its returns. As a store of wealth, protection against diminishing US dollar purchasing power and as a very liquid Tier 1 asset, pension funds and institutional money managers tend to allocate 5%-10% of the portfolio to the precious metal.
Consumer demand driven by the Indian and Chinese markets is a large proponent of gold jewellery, and the Jewellery markets equate to 34% of the total gold demand. As the overall economic outlook and Risk-On markets do well, these consumers purchase more gold. When times are uncertain, as we witnessed in 2020 during the peak of the COVID-19 pandemic, the consumers reduce their purchases of jewellery, but the institutions step into the market to de-risk their portfolio, as Gold is a safe haven portfolio hedge, which decreases the price volatility during the uncertain times.
The New Regulatory Framework
Gold is a High-Quality Liquid Assets and as of 2019, the Bank of International Settlements (BIS) reclassified physical gold as a Tier 1 asset. Gold was previously viewed as a risky asset, classified as a Tier 3 asset, which meant that gold could only be carried on banks’ balance sheet at 50% of the market value for reserve purposes. Since the Great Financial Crash, a lot has been done within the banking system to try and protect the broader economy from banks blowing up, as Lehman Brothers did.
As part of the regulatory framework, banks have been working under Basel 111 rules and the time is coming for some of the rules to be enforced on the gold markets.
These new regulations are scheduled to be introduced for European banks at the end of June 2021 and in the UK from 1 January 2022, affecting all London Bullion Market Association (LBMA) member banks. The risks to the bullion banks are that they trade in an OTC derivatives market, not holding much, if any, allocated gold. Allocated gold is when an investor is allocated gold and is the outright owner of a certain amount of physical bullion.
There will be a requirement for banks holdings to meet a ratio limit between tangible assets and unallocated assets. The ratio is named Required Stable Funding and the crux of the matter is that if the bullion banks can no longer trade their paper and unallocated gold without holding physical allocated assets, the derivatives market could collapse. The 3 parts of the Basel 111 regulations that affect the paper gold markets are:
• The Available Stable Funding factor (ASF) is applied to the sources of a bank’s funding on the liability side of its balance sheet. Depending on the liability (shareholders’ equity, customer deposits, interbank loans etc.) they are multiplied by a factor, from 100% for the most stable forms of funding, such as Tier 1 bank equity, to 0% for the least stable. Being on their balance sheets, unallocated gold owed to a bank’s deposit customers is to be given a Basel III ASF of 0%, which means it will not be permitted to be a source of funding for any balance sheet assets, which must therefore be funded from other liabilities.
• The Required stable funding (RSF) is to be applied to a bank’s assets. Unallocated gold positions are to be valued at 85% of their market value. Note that allocated gold, being held in custody, is not on bank balance sheets (except where the bank actually owns physical gold in its own right) and is therefore not involved in the calculation.
• The Net stable funding requirement (NSFR) is the ASF divided by the RSF and must be at least 100% at all times.
The bullish scenario is that LBMA member banks have to find a lot of physical gold, increasing the demand and pushing up the price. The second bullish scenario for gold stackers is that with the removal of the paper gold positions that suppressed the gold price from inflating against the M2 money supply / global fiat currency expansion, the physical gold price could adjust towards higher prices in line with inflation.
Technicals
From the chart, we can deduce that the futures market is currently breaking higher and the miners are too. It is conceivable that as physical gold reaches $2k t/oz prices and beyond what is likely to happen in the derivatives markets, a lot of investors will pile in, making the current price of Vox Royalty look very cheap for such a fast-growth company.
lower time frame 3angel pattern on gold = buystop on high,sellstop in low (sl on 5-6 pip above high)
AC on daily chart=turn green
AC on 1hour chart =going to green
this mean 90% gold will start new + trend in next hours
if you see my today analyse on dollar index DXY ,it break down trendline too and going to 87
for this ,i predict gold go more up up up ( i say 1000.000.000 time=gold is super trendy,never open reverse order on it,now you can see i was right???? ,gold not reverse on sma200 daily and big trendline,break all , when gold start go up , wil go up up up uper even 20-30 day and 500$ (50.000pip) )
if you have buy you are pro gold trader , be patient on + pos = big profits
if you have old open sell , you must put TP= 1845( try to exit in low and pick buy) then reduce your levrage to 10 max 20
if you love zigzag market , high movment and volatile ,reverse posation trade dax future FDAX1!
(my base,main instrument from 2006) but need min 6 month practice on demo ,it is other world
many trader stand on green arrow to buy gold still is on + trend ( until 1800 break ,gold have buy ,looking for buy, like stupid new trader 1-2 red candel dont force you sell=margin call )
ALERT=we predicted : gold in way to 2400 $
www.marketwatch.com
keep monitor AC accelator occilator on daily chart (now is red ) and AC on 1hour
when AC daily turn green and AC 1hour go down,full red dont fear to buy and wait min 4-5 day
if your trade platform dont have AC use stoch 7.4.4 on daily and 1hour chart
Gold Price Action AnalysisAsked on my social media this morning: "what you think? Gold c&h (cup and handle)"
I am not an expert when it comes to price patterns like Cup and Handle but I do put my faith in Ichimoku and its fundamental component of 50% retracement levels. What Gold has done in recent months is hold support at 1678 (on futures) back in March which was the 50% Retracement from the launch point of the trend that began 2 years ago in April 2019. The trend on the Weekly is strong bullish so the probability is high that Gold will retest the All Time High and break it in the months to come.
Gold on its way to 1864As been following Gold for over a month and notice that after every target it hits, it takes pause for week or more before moving higher. Once it moves past previous week high, looks like it is going to test 1864 level. Next immediate target would be 1875 if close above that much more higher move expected.
Gold - GC Gold Futures are rising as non-commercials add to their long positions. - Currently net long 192.3k, up 21.5k.
In the week to Wednesday, for the first time in 16 weeks, GLD (SPDR Gold ETF) saw positive flows, gaining $340 million (courtesy of ETF.com).
In the meantime, non-commercials raised net longs in gold futures to an 11-week high.
Last week, the metal jumped 3.6 percent after repeatedly defending $1,760s-$1,770s.
The nearest support lies at $1,800, and of course $1,760s-$1,770s after that.
do you see how gold is super trendy?all person who open reverse posation,sell on it ,now are in margin call !!!cant exit too
here is today analyse and best order place with SL=6.00$ and trailstop=6.00$
AC (or stoch 7.4.4) daily going to red=down trend can comes
AC 1hour now show sell too
sell on gold ,silver,index like dax dow nasdaq is super risky , if you want sell 100% put SL and never remove it ,these instrument can go up 5000 pip witout pullback(you can't close sell)
for comming days we advice looking for buy on dax,nasdaq and gold,silver in deep