GC topping near 3000Gold is on its last leg of an Elliot impulse wave. The top looks to be 3k using a fib retracement strategy. This aligns with the previous cup, handle, breakout to 2x above the handle from the 1980 to 2012 chart.
GC1! trade ideas
Gold Unstoppable to get to 3000, but we might see a pullbackOn Gold futures I clearly see this going for new historical highs, but since everyone is joining the ride a pullback is around the corner.
Liquidity has just been swept on the 4Hr, so this would be a perfect scenario to squeeze the longs all the way down to a bullish order block/demand zone at 2853,2
EWTSU GOLD future intermediate (4)
Elliott Wave Trade Setup
GOLD future intermediate (4)
intermediate (4) running
B of expanded flat ABC
prices reached target of B at 2900 area - should reverse in wave C
C target beyond the end of wave A (2543 area)
alternative
intermediate (4) ended in a running zigzag ABC (C low 2597)
minor 1 of intermediate (5) developping
GC1! Gold Futures Longs!I'm looking for long positions on GC1 Gold Futures and this is looking to be my entry point on the 15m time frame.
I can dive deeper into the analysis if anyone would like me to.
hope this helps.
MGC1! SELLAfter series of various bullish maneuvers, it failed to break a higher high.
The presence of a bearish pattern like the H&S which shows the rejection coming in. I hope to see a clean breakdown to the downside.
What do you think? Follow and Like for ideas.
Gold major breakout ? Major breakout of trendline in gold on weekly basis.
Can zoom to 92-95 levels very soon.
GOLD IS HOT RIGHT NOW!!!The moves are on FIRE!!! Looking for the bullish momentum to continue. Price has moved above the previous daily level and the area is starting to hold. As we push up I'm looking for a entry inside of the Asian session's Kill zone.
- Aiming for Long Positions in Gold as Bullish Momentum Persists- Key Insights: Gold's recent all-time high showcases strong bullish sentiment.
The market is buoyed by geopolitical uncertainties that drive investors
toward gold as a safe-haven asset. Monitoring for potential corrections
remains critical. Consider entering long positions as the overall trend
continues positively.
- Price Targets: Next week targets are T1 at $2,900 and T2 at $3,000. Stop
levels are S1 at $2,760 and S2 at $2,740.
- Recent Performance: Gold has maintained a strong trajectory amidst favorable
commodity movements and high trading volumes. The precious metal's status as
a preferred asset has led to its outperformance compared to many traditional
equities, reflecting its desirability during volatile periods.
- Expert Analysis: Analysts maintain a bullish outlook, while cautioning about
potential corrections due to rising short positions. Continued capital
rotation into gold suggests that institutional flows will likely push prices
further. Traders should pay attention to market signals reflecting shifts in
sentiment.
- News Impact: Growing geopolitical tensions and tariff concerns heighten gold's
strategic importance as a safe-haven investment. Recent initiatives in Saudi
Arabia to engage with gold supply chains indicate heightened market demand.
Ongoing developments in the GLD ETF reveal strong investor interest, further
supporting bullish sentiment around gold.
Micro Gold going back to (2785)Gold had a great push up on Friday , but it looks like pull back back to the 2785 ish area.
GC1 310125My trading plan is to wait for price to reach the drawn lines or boxes to look for entry signals. The drawn lines or boxes are strong support/resistance zones, these are potential reversal areas when price approaches. If price breaks out instead of reversing, this is where to wait for a retest to look for entry signals. Good luck my friend!
Gold Prices Surge: What’s Next After the Latest Breakout ?
The price is in a strong uptrend, with consistent higher highs and higher lows.
The recent breakout above 2,800 confirms bullish momentum.
Support: Around 2,720 (previous swing high) and 2,600 (lower Bollinger Band).
Resistance: Current high at 2,853.2—watch for potential pullbacks.
The price is near the upper Bollinger Band, suggesting a strong bullish move but also a possibility of short-term consolidation or pullback.
Increased volume accompanies the breakout, confirming strong buying pressure.
High volume spikes during upward moves indicate institutional participation.
Bullish Case: If momentum continues, price could test 2,900 and potentially 3,000.
Bearish Case: A short-term pullback to 2,750–2,720 before another move higher.
Gold - Don't Be A Pig And Protect Your ProfitsWe had a nice run so far.
(see linked post)
Price advances to the Centerline where the PTG2 is waiting to fill our pockets.
But hey, don't be Pig!
Protect profits. Trail your Stop. Take partial profits - whatever.
Gold advancing to our profit target 2So far, everything played out wonderful.
PTG 1 is in the books and now Gold is moving towards our second PTG.
However, trailing the stop below structure is never a bad Idea. The worst that can happen is, that the trade gets stopped out in profit.
Check out the whole setup at the related publications.
Gold Futures Nudge Record Highs as Dollar Weakens, Yields DipCOMEX Gold future (Feb 2025) is once again challenging last years record high at $2801.80, supported by a softer dollar, especially against the Japanese yen and US 10-year Treasury notes testing key support around 4.5%. (NOTE: the April 2025 future has already broken higher)
EWTSU GOLD FUTURE intermediate (4) alternative scenario
Elliott Wave Trade Set Up
GOLD FUTURE intermediate (4) alternative scenario
Intermediate wave (4) not ended yet - FLAT ABC still running
Intermediate wave (4) ended - running ABC
intermediate wave (5) going to start
Short Gold MIOn 12-12-2024, i wrote to buy Gold with target of ₹ 80000/- in long term. It is already achieved and present trading near ₹ 80500/- at the time of writing.
I am not seeing much higher side in Gold. Gold can move maximum high to ₹ 82000/- in long term but it has major chance to fall down to ₹ 78000/- first then to ₹ 76000/-. So don't buy and only short at this point and buy to book your profit.
GOLD GAVE US CHOP...Now will it Move?We got nothing but chop pending news yesterday. Now that new is out the way...we are more likely to get a solid move. Just waiting for the killzone to make a decision on a direction. We need a nice pull back for a solid pull run so I will wait for it to pull outside of value.
Gold...Ready for all new Highs...We got the move I was looking for yesterday. Didn't quite drop all the way down like I wanted but the over all move was beautiful. We should get a continuation in the trend breaking out to new levels. Just being patient and waiting for the killzones to get active.
Long trade
4Hr TF overview
Pair GC1!
Buyside trade
Entry 4Ht TF
Entry 2747.3
Profit level 2776.4 (1.06%)
Stop level 2744.0 (0.12%)
RR 8.82
Reason: On the 4hr TF, the price seems indicative of continuing with buyside momentum making higher highs and lows...moving along with the trend bais dominated the bayside trade idea.
GC (Gold) Futures - Bullish moveBased on confluences, GC Futures will potentially continue in a bullish move. Note: This is not financial advise, trade at your own risk.
Acw GCJ2025 futures bookmap liquidity zones Using bookmap order flow software . We checked the gcj2025 forward contract for buyer and seller side liquidity in real time and transposed it into this chart
This will be a reference to our xauusd cash chart for key levels in the upcoming months
GOLD (GC1!) ELLIOTT WAVE ANALYSIS - FLAT PATTERN BEARISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation).
Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave.
Probability assessment: Main wave count scenario.
Forecast direction: Pushing much lower.
Long-term bullish potential: Not really, the ((c))-navy wave can move to lower targets; therefore the medium-term outlook is bearish.
Details:
We are moving down with a ((c))-navy wave in a flat pattern of 4-grey wave. The decline will move to a target of 2,671.0 and then 2,596.7. While the price must remain below 2,794.8 to maintain this view.
Invalidation Point: 2,794.8.
