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XAUUSD1! trade ideas

GOLD possible REVERSAL Ideea As reaching the psychological level of 2500, the past few weeks that was a bigger consolidation, now it made a breakthrough, but closed back inside the box. Tho it looks very bullish, sentiment is also bullish, but i fear a new ATH between 2500-2600 and from there to retest the 2100 level , before reaching the 2800 awaited level. Even on Daily it closed inside the box. I am waiting a sign that will give me a reason for a short, but i watch those 2 levels closely because i see it a bit overextended.
COMEX_MINI:MGC1!
by xxFlorynJohnCalinxx
1
GC entered consolidationThe Gold market is in a curious state. The once volatile GC contract has settled into a seemingly tranquil trading range between $2400 and $2500. Volume has dwindled, creating an eerie silence in what was once a bustling marketplace. But could this calm before the storm be a golden opportunity for savvy traders? A strategy known as a "short strangle" is catching the eye of many. This involves betting on price stability by selling both call and put options. With low volatility, the potential rewards can be enticing. However, as with all investments, there's a risk: a sudden market upheaval could lead to substantial losses.   Is the Gold market about to erupt from its slumber? Or will it continue its peaceful slumber, rewarding those who dare to bet on boredom? Only time will tell. But one thing is clear: the current market conditions have created a unique landscape for traders who are both brave and knowledgeable.
COMEX:GC1!
by TyrusL
2024-08-14 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr Gold - Insane price action tbh. Technically lower lows and lower highs but 40 points down and then 30 points up is also something special. I do think the 2519 highs can hold but it’s only reasonable to be neutral while the market oscillates that hard around 2500. comment: Neutral after today but market is still contracting. Lower highs and higher lows means market is undecided and the triangle is big enough for another 5-10 days inside it. Bears have a reasonable argument that the 2519 high can hold and we are in the upper third of the triangle, shorts are favored. current market cycle: trading range (triangle on the daily chart) key levels: 2400 - 2536 bull case: Bulls prevented the climactic sell off for 40 points and retraced most of it. They need a higher high above 2510 to retest 2520. 1h 20ema is completely flat. Not more magic to it right now. Invalidation is below 2490. bear case: Bears are statistically favored for shorts in the upper third of the trading range. That’s about it for now. They need a 1h close below 2490 to test 2480 again and then hope for follow through down. Invalidation is above 2522. short term: Neutral. Bullish above 2510 and bearish below 2480 but just for scalps. medium-long term: For now I think the most reasonable outlook I could give is a trading range 2200-2500. This could hold for some time. Bear in my still thinks this rally is dumb and we will see 2000 again this year but that’s as unreasonable of an outlook one could hold so DON’T. —adjusted 2450 to 2500 current swing trade: None trade of the day: Selling 2510 was good for many days now and continues to be so.
COMEX_MINI:MGC1!
by priceactiontds
Gold Ripper Rally Set For 8-16 into 8-20 Targeting $2575-$2650Have you been following my research on GOLD? This next move will likely be a very strong Ripper-Rally where Gold will break through the dual Flag Apex and move dramatically higher over the next 5-10+ days. I will let this video tell you all you need to know. Remember, watch my Gold Dual-Leg Rally video too. I wonder what the "driver" of this rally in Gold will be? US-Dollar? Foreign Markets? Some political or geo-political news? Something will send Gold upward $75-$100+ over the next 5+ days. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
Can the HOUSE CAPITALIZE SHORT from WEEKLY RESISTANCE $2,500...?COMEX:GC1! “Without education, you’re not going anywhere in this world.” -MalcomX Yoooo Let's get to work!!! Here in this video I have developed a HIGH Probable SHORT for us to take if we can get the break N Closure underneath Weekly Resistance Level $2,500.00! This will be a play I want to see confirmed for RISK on the 1Hr TF N Below... If and when we can get the 1HR candle stick to push into the 1Hr unmitigated Demand zone just slightly below and close underneath WEEKLY RESISTANCE $2,500.00 I'm going to play the retest N GO SHORT!! 1) I'll keep close update as PA develops and we have more data to work with. Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently. Let's Keep Steppn!! Stay Focused & Reach Excellence!! #BHM500K #NewERA #Champions
COMEX:GC1!Short
by TreyHighPwr
SPY/QQQ Plan Your Trade For 8-14 : 540 Support Set For RallyPlease watch the other morning video I created before the markets opened. I suggested the SPY would move downward and try to find support between 539-540. It looks like the SPY has established a low just above 540 in early trading and I believe this low may have set the BASE PRICE for the day. Obviously, price could continue to push down into the 539 area, but, it promising on my charts that price is contracting, pulling downward a bit, in the midst of a SPY Cycle Pattern RALLY day. Now, we need to see how the RALLY is going to setup and if we are going to attempt to move above 545-546 today. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
fundamental and technical support for $GLD and $BTCHave been advising my boss to long gold and bitcoin since the price was $2000 and $38000. My next buy would be when price retrace back to around MA30 for Gold and MA100 for BTC weekly basis to get better R/R. Fundamentally: long term weakening of US government credibility. 1. hard asset monetary inflation due to fiscal burden that yellen have to keep the collateral asset in the market stable with abundant liquidity in order to refinance the debt. 2. forecast to cut fed fund rate will weakens USD and real rates (previously real rates distorted by proportions of different length of bond issuance) 3. Bitcoin is the digital gold with higher volitility Technically: still within long-term trend.
COMEX:GC1!Long
by Heidiii_F