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MGC1! trade ideas

Mid-Week Market Forecast: GOLD, SILVER, COPPER & PLATINUMIn this video, we'll present analysis and best setups for Wednesday, April 22nd to the end of the week. Gold is still a buy. Silver may present a sell opportunity at current levels. Copper looks like it is setting up for a valid sell. Platinum has showed weakness early this week. We'll watch for continuation. Be patient, and wait for confirmations! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! 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. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:GC1!
by RT_Money
Gold's Surge: Flight to Safety or Foreshadowing Fear?🚨 Gold just saw its largest weekly inflow in history as shown in the chart by BofA Global Research. The metal is soaring above $3,400/oz while most other assets are crashing hard. This isn't just bullish momentum — it's panic capital. When fear dominates markets, investors rush to safety. And historically, that safety has always been gold. But here’s the catch: when fear becomes too crowded, even safe havens can become dangerous. If gold fails to hold these levels and begins to correct, it won’t be a slow bleed — it’ll be a free fall, and a lot of people will get caught. 💬 What do you think? Is this just the beginning of gold’s golden age, or are we seeing the early stages of a bubble?
COMEX:GC1!
by SmartSignalss
Long term gold bull still good even if near current sell zoneFrom 1970 to 1980 I took 2 different fib extension to project the target sell zone for the blow off top and the price hit the target. I used the same fib extensions to give the target sell zone for the current bull market. Then I looked at how extended was the price from the 12 month SMA and it was 57%. Then I made a channel with the at the 12 month SMA and expanded it by 57% from the current and followed the angle of the 12 month SMA. If the price reaches the target sell zone and also is extended to reach the top of the channel this would most like be the blow off top. There are also other trend channels (gold color) that will give top side resistance. The green box in 2000 is the retrace buy zone and since we do not know the exact current top I drew possible bottom retrace buy zones of the next bear way out in the future and will need to be adjusted. This is not trading advise , just my thoughts.
COMEX:GC1!Long
by nsprph
GOLD HITS RECORD $3,300/OZ – WHAT IS IT TELLING US?Since 2020, stocks and gold have danced to very different rhythms. Initially, equities ran far ahead, but now… the tide is turning fast. 📉 As the equity market sinks into a bear phase, capital is pouring into gold. Just in the last 9 months, gold has surged over $1,000/oz — a historic move rarely seen outside of crisis periods. 💬 We’ve been calling this for over a year: Gold is now the ONLY global safe haven. US bonds are no longer the refuge they once were. Investors are voting with their wallets — and gold is winning. Let’s put it into perspective: ➡️ Over the last 20 years: • Gold is up +620% • S&P 500 is up +580% 📈 Gold is trading like we’re in a modern depression — quietly pricing in risk, instability, and loss of trust in traditional instruments. 🧠 The question is no longer "why is gold rising?" — it’s "why didn’t more people see this coming?"
COMEX:GC1!
by SmartSignalss
Gold silver coffee4 15 25 I wanted to do this video before the market moved any higher today. I don't know if it's a paradox or not but it looks to me like gold is going to go higher today after it's been coiling since last week and I explained the Dynamics of a coil and the expansion of a coil and hopefully I said it clearly enough that you at least understand my point of view... and then whether it works or not it's a matter of what the market does and I can't change the market. so gold is near an all-time high and it looks like the buyers are coming in to take it higher but as it stands it's hard to know what's going on because it's early in the morning and nothing's really happening ... and my explanation would be that as bullish as the pattern is for gold to go higher it's still contracted. on the other hand silver is not contracted at all it is so expanded that there's a possibility that if silver starts going higher it can have very impressive moves because it's an expanded Market... and they move a lot better with a lot more efficiency than a contracted Market. and the Paradox is that the goal looks like it's going higher to a new high and the silver might go a lot higher because it's expanded. and I'm going to tell you right now if you read this none of it may happen ... but I would be very surprised if gold doesn't go higher... it only takes a few ticks. what really is going to be important to me... his if the silver actually trades the ABC pattern that I put on that chart because that pattern creates a very large Target area that can have tremendous effects on the silver market because it would be driven much closer to its all-time high which is $50.... so if silver goes several points higher there's a good chance it can attract more buyers to drive silver closer to its all time high..... in effect this changes the silver market which is lagging compared to the gold market.
COMEX:GC1!
by ScottBogatin
2
Gold Futures– Expanding Triangle Top HypothesisAs of April 14, 2025, gold has surged to record highs near $3,265, but the technical picture suggests trend exhaustion. Price action resembles a potential expanding triangle top, with bearish divergence on RSI and momentum, declining volume on rallies, and seasonal cycles hinting at weakness into May–June. This may not be a fresh impulse but rather a volatile topping formation. If the triangle pattern holds, we could see a breakdown toward the $2,950–$2,800 zone before another base forms. Short-term traders should be cautious and consider scaling into shorts only on failed bounces near resistance. Longs may want to wait until strong support zones around $2,750–$2,850 show signs of stabilization. Risk/reward now favors defense over chase. Bearish Divergence Across the Board: RSI & Momentum indicators failed to confirm new highs Volume spiked on selloffs, not on breakouts Possible expanding triangle top forming (ABCDE pattern), often a major topping structure Cycle & Fibonacci Confluence: Seasonal weakness into May–June aligns with cycle top Key retracement targets: $3,045 → $2,950 → $2,870 → $2,800 Support zone to watch: $2,750–$2,850 Trade Strategy Ideas: Short-Term Plan (1–3 Weeks) Bias: Bearish or Neutral Pattern: Expanding Triangle (C Wave Possibly Unfolding) Key Levels: Resistance: $3,265 (recent high), $3,200 (round-number, prior Wave B) Initial Downside Targets: $3,045 (23.6% Fib), $2,950 (38.2%) Stretch Target: $2,870–$2,800 (50–61.8% Fib, Cycle Support Zone) Entry Plan (Short Bias): Consider short positions on weak bounce rejections near $3,200–$3,240 if momentum remains divergent. Watch for breakdowns under $3,100 with high volume confirmation. Stop Loss: Above $3,275 (new highs invalidate C wave assumption) Scale Out: Partial profits at $3,045, more at $2,950 Final Target: $2,870–$2,800 zone Re-evaluate: If strong reversal candles or bullish volume return before $2,950, exit early. Medium-Term Plan (1–2 Months) Bias: Wait for correction to finish before new long Key Timing: Cycle projection into late May–June 2025 Buy Zone (if correction unfolds): Primary: $2,750–$2,850 (50–61.8% retracement & prior breakout zone) Entry Strategy: Wait for a weekly bullish reversal candle or a clear RSI bottoming with momentum confirmation in the $2,750–$2,850 zone. Prefer entries during a low-volatility retest or after a capitulation flush into major support. Stop Loss: Below $2,700 Initial Targets for Bounce: $3,045 → $3,200 Scale Out Strategy: Scale in between $2,800–$2,750 Begin scaling out above $3,045 and $3,150 if bounce occurs Long-Term Plan (3–6+ Months) Bias: Neutral to Cautiously Bullish (contingent on structure post-correction) Trend Review: If correction resolves and price bases around $2,800, long-term bulls may re-enter. Invalidation of Bullish Thesis: A sustained break below $2,700 with heavy volume and commercial selling. Next Major Bullish Cycle Potential: Wave structure reset scenario: After expanding triangle resolution and larger ABC correction, new 5-wave impulse could begin in late Q2 2025. Macro-Level Support: If global macro uncertainty rises again, gold could re-target $3,300 and higher. Action: Remain flat until a confirmed low forms. Position building to be considered once weekly momentum resets and smart money returns. 📌 DYOR. Not financial advice. #Gold #GC_F #Futures #ElliottWave #TechnicalAnalysis #Seasonality #Momentum #RSI #ShortSetup
COMEX:GC1!Short
by AZ-Technical
1
gold trend direction .. Follow upGold 92870 - Has given a inside bar pattern ( bearish ) and signals are diverged suggests drop to 87300 goodreturns.in wrote : Market Outlook for Gold Prices in India According to a recent report by FXStreet, "Gold prices may witness a short-term pause as bulls take a breather following an extended rally. The report notes that while the fundamental outlook remains bullish, the metal appears slightly overbought on the daily chart." "From a technical standpoint, the Relative Strength Index (RSI) is currently hovering just above the 70 level, indicating overstretched market conditions. As a result, analysts suggest that it would be wise for traders to wait for some near-term consolidation or a modest price correction before entering new long positions."
MCX:GOLD1!
by subravi
Gold Trade Review – Potential Pop, Drop, then ATH's SetupWe are currently watching a potential pop and drop and potential ATH scenario developing in gold. Price is holding above a key daily level at $3,021.4 , which will serve as the critical pivot area. A sustained move below this level will likely trigger continuation toward the next significant daily level at $2,968.5 for T1, and potentially further into the weekly/daily support zone at $2,953.2 , with an extended target at the daily level of $2,929.0. I would expect that zone to provide support, though there is an untested area lower near the recent lows at $2,893.6. Ideally, I do not want to see price move much beyond our first weekly/daily support zone mentioned above but would lean on the lower level as a last ditch effort to hold the structure. From the current price structure, based on Fridays close there's also potential for a move higher into (#1) $3,058 , which is an untested daily level (approached from below). If this level acts as firm resistance, it could trigger the anticipated drop into the zones outlined above. Keeping an eye on being above or below $3,021.4 will be critical for progression in either direction.
COMEX:GCJ2025
by ViciTradingSolutions
4
Gold trend directionGold 93887 has given V patten inside raising flag pattern. Based on chart formation we find the move could be a possible trap with 90587. We expect Gold to drop to test 90587 initially before the flag pattern break down and drop down to our earlier target . News : supply of gold has increased, demand has decreased. Central banks worldwide are expected to slow their pace of acquisition. According to a survey by the World Gold Council, 71% of central banks plan to either reduce their gold reserves or maintain current levels. Liquidity Concern :"We're getting a lot of stress in the gold market because of liquidity concerns and margin covering by speculators," said Bart Melek, head of commodity strategies at TD Securities.
MCX:GOLD1!
by subravi
7
Gold "Breakout" - Dollar Tank EditionBought some GLD this morning because I couldn't think of any other play, and I'm watching the market drop and bond yields rise. Then I look at the dollar index and saw it dropping too. The Euros are selling off all US assets, that's why the drop happened between midnight and noon. The 2% "pump" wasn't really a pump, the dollar dropped 2% this morning. (Though there was a 0.5% actual pump before close.) Gold (in dollars) will break out if the dollar index drops below support (I posted a chart). I've been looking for a high confidence big trade, I'm going big on gold if the dollar loses support, and that can happen as early as tomorrow. Keep an eye on the dollar index, I'll be at work so I will not be posting my trade entry. Note that it's not really a breakout, if you look at gold futures in Swiss francs, it's not even near the top. Also, this trade does not apply to people trading in other currencies like Euros or yens. I think Trump ruined confidence in the dollar, the US market, and bonds. If that's the case, then gold is the way to go.
COMEX:GC1!Long
by hungry_hippo
8