Gold Should complete the Retrace before giving another DirectionWas expecting the pullback. Now I just need to wait for it to finish before trying to buy it. Price should give us a solid confirmation when its finally ready. want to see them take out some lower levels first. If price gives up a entry during Asia session we could see a nice short.
GOLD1! trade ideas
GOLD Potential ReversalIt appears that we've reached a significant top in the market, with price action showing signs of a potential dump. Liquidity has been taken out at this level, and we are now looking at lower price targets, which align with the lines below, marking new liquidity points. These areas could serve as key support levels as the market tests them for further reaction.
The price structure suggests a possible drop to the target zones around 3,300 / 3,200 & 2970 where we could see renewed buying interest. Stay cautious as we approach these levels, as they may present opportunities for short entries ahead of the market correction.
Keep an eye on the evolving price action for further confirmations.
Gold Hourly & 4H Analysis UpdateGold CMP 3290
Yesterday on the Hourly chart , Gold gave a Buy Signal at 3257 , and today it rallied up to 3395 — a clear momentum of 138 points . It also gave a fresh breakout on the 4H time frame , indicating strong upward momentum.
Currently, resistance is seen at the 3420 levels .
If Gold breaches 3420 , we could see further upside toward 3450–3465+ levels .
However, failure to breach 3420 may trigger a reversal .
Positional traders can continue to Hold Gold positions with a Stop Loss at 3355 levels
Session Realtime BarJust an idea for better visuals, use 2 of the SessionBar indicator on the chart use the spacing setup with the active bar to the left of the overnight bar in the other indicator...
One indicator for the Active Session Bar: indicating the current session bar.
2nd indicator for the Overnight Session Bar: indicating the overnight session bar.
Multiple markets Monday the gold came to a 382 which means we should be looking for sellers even though there's no real evidence of selling even to this point at 12:30 p.m. on Monday. I have a bias that the smart money is going to drive the gold lower...... but I need more evidence from the sellers. I think there are similar issues with the ES
GOLD LONG IDEA for next week - targeting growth**Direction:** **LONG**
**LONG Targets:**
- **T1 = $3280**
- **T2 = $3320**
**Stop Levels:**
- **S1 = $3220**
- **S2 = $3190**
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Gold.
**Key Insights:**
Gold has continued as a refuge for capital amidst macroeconomic uncertainties, maintaining a strong bullish momentum due to increasing inflationary pressures and global geopolitical tensions. Market experts suggest the Federal Reserve's dovish monetary tone may further fuel demand for Gold, coupled with a weakening US dollar that enhances attractive price levels. The recent trend shows heightened levels of institutional buying, signaling potential for upward movement. Favorable seasonality and demand during market risk cycles enhance its appeal.
Recent supply dynamics, driven by mining constraints and costly extraction levels, contribute to a limited Gold supply market scenario. With central bank reserves gradually accumulating Gold to hedge risks, we anticipate robust demand levels supporting prices. Analysts highlight that hedge funds and sovereign wealth funds show extreme interest towards additional Gold allocation—advising LONG strategies with focus...
Price currently Bullish...But will it continue for the week?This is bullish price action i was expecting. Im just now waiting for a solid area for entry. Just have to wait for the killzones and things to line up inside of the killzone. cause outside of the killzones its nothing but chop and impulsive action that can throw you off.
Lows Swept! Now we should get Bullish action on Gold!Waited for price to sweep lows before looking for areas to buy. We got that sweep and its now the end of the week. We have been bearish all week. I'm not sure if it will go full on bullish cause we are in a new month and its Friday. They might just move sideways and wait for next week to push. We will take what we can get.
Gold Futures, using a GC1!/DXY ratio, gold vs dollarUsing a gold futures continuous contract and the DXY i simply plotted the ratio and picked picot points to create a parallel channel on the GC1! graph....to which I doubled up the channel, or channel stacking, to see what would occur.
Make sure to utilize the "L" Log function in the bottom right of that chart to see something that may not be there and how perspectives can change when you reorient your scale.
Not much on analysis, just point to consider. That Fib Retrace was also don taking the lowest pivot point of this run and the top, most recent high, on the GC1!/DXY chart and plotting that to the exact location on the gold futures chart.
So somewhere in the 3100 to 3000 window looks good.
Gold chart with corresponding DXY ratio chart with points highlighted in green:
gold chart with momentum without Log function:
gold chart with momentum on Log function:
Gold Futures Analysis (MCX) – Target 87,000/- Chart Date: May 14, 2025
CMP: ₹92,558
Change: -1.16% | Volume: 14.13K
Gold has shown weakness after a strong uptrend from early February. Currently, it is consolidating near the ₹92,000 level, just above the 50 EMA (₹91,526). The price is hovering near a key support zone highlighted between ₹92,055 and ₹91,526.
📉 Key Observations:
Price rejected near recent swing high of ₹99,358.
Currently testing the 50 EMA. A breakdown below this may trigger further downside toward ₹87,500–₹86,592 demand zone.
Volume declining on recent candles – indicating weakening bullish momentum.
EMA Cluster (10/20/50) flattening out – potential trend reversal or deeper pullback in progress.
📌 Levels to Watch:
Support: ₹92,055 → ₹91,526 | Below that: ₹87,500 & ₹86,592
Resistance: ₹94,160 (20 EMA), ₹94,434 (10 EMA)
Breakdown Target Zone: ₹87,500 (5.52% from current price)
🔔 Strategy:
Wait for price action near the support zone. If breakdown confirms with volume, look for short opportunities with a tight SL above 50 EMA. Long trades only if strong reversal candles appear near ₹91.5k zone.
📊 EMA: 10/20/50/100/200 plotted for dynamic trend & support insights.