GOLD Ready for ALL TIME HIGH BREAKOUT...MCX:GOLD1! trade at 79000 level. You can watch for more upside move after 80000 level breakout.
GD1! trade ideas
Will Gold give us a Break out before the week is over???Monitoring price to see if the go for a level they left behind. It could break out for the end of the week but I am doubting it and thinking they might save it for next week.
GOLD Set to make new Highs before the week ClosesI was looking for a bigger pullback but we didnt get it. The way price is moving and based on the FOMC news I think the pull back is over and price is ready to continue bullish. We just came into the killzone and things look like they are lining up. Trailing stop along the way.
Tracking Crisis with This Ratio – US Markets vs GoldThese are the 3 major crisis over the last 25 years. The dot com, 08 and the recent 9% inflation crisis.
Before each crisis get into its full swing, I have observed there was a surge in gold.
In this tutorial, I will share:
1) Why a surge in gold before each crisis?
2) What are the key variables that we should be looking out for this year? and
3) I hope I don’t sound too ambitious in discussing how to time this move?
E-mini Nasdaq Futures & Options
Ticker: NQ
Minimum fluctuation:
0.25 index points = $5.00
Micro E-mini Nasdaq Futures & Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Trading the Micro: www.cmegroup.com
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Gold in Strong Uptrend, but Is a Correction Looming?Gold remains well-positioned in a strong bullish trend, although prices have struggled to break above the rising trendline of the ascending channel. Considering that this move could represent the fifth wave of a larger-degree Elliott Wave structure, I’m on high alert for a potential correction. A pullback could bring prices back toward the $2,600 area. However, as of now, there are no clear signs of weakness, and the trend remains decisively bullish. 📈🔥
Shorting Gold!Gold has been on a TEAR through 2025. Overextended in ATH territory and more expensive than ever before in history. Logically, we should expect a return to historically normal (still expensive) prices.
Daily chart is showing 3/3 sell signals
1. Price below 9 period MA
2. RSI bearish fanning beautifully from overbought levels
3. Average Daily Range expanding with volatility
I'm aggressively watching for shorts on Gold, Silver, and Copper in the weeks ahead. I've outlined 3 possible entries IF we're lucky enough to see some kind of relief from last weeks selloff. Should price proceed to fall, preparing smaller time frame short trades. I strongly believe we will see 2800. Strategy is invalidated if price breaches ATH's
GOLD - WEEKLY SUMMARY 24.2-28.2 / FORECAST🏆 GOLD – 16th week of the base cycle (15-20+ weeks). The February 24 pivot forecast turned gold downward, marking the top of the current base cycle and forming a double top with the February 11 pivot forecast. By Friday’s close, gold hit the first support at 2850 (see chart). We are in the final stage of the base cycle, but the pattern does not yet resemble a cycle completion.
👉 The price movement from the January 29 extreme forecast to the February 11 or February 24 extreme highs provided over $15K per contract on GC futures. Those who entered, congratulations on an excellent trade. A short position was opened at the February 24 pivot forecast.
👉 Strong support is at the October 28 extreme forecast level (2850-2830 on the current futures contract). This level needs to be broken. The next support is the broken double top at the previous retrograde Mercury level from November 25 (2780 on the current futures contract).
⚠️ The next extreme forecast is March 3 – the beginning of the retrograde Venus period, which I wrote about in early December. I am not sure if this extreme forecast will start a new cycle. A strong extreme forecast within the timing of the base cycle’s completion falls on the start of retrograde Mercury on March 17 (week 18 of the cycle).
GOLD swing predictThe price will touch the under big-frame trend line (green) after breaking the black trend line and then touched the upper big-frame trend line(blue) again COMEX:GC1!
GOLD FUTURES SELL UPDATEFrom my previous sell set up. It hit TP!!!! Price retested on the 15min and I waited for my confirmation which is a bearish candle closes below the last bullish candle then I went in on the next candle
Entering a long position in Gold at 2909Gold is at a key support level, and I’m expecting it to hold today. Going long on GC futures around the 2909 area.
GOLD FUTURES SELL SETUPI have a Daily bearish candle that closed below the last daily bullish candle which caused a choch on a lower tf. I'm waiting for a retest on the 15min - 1 hr for continuation down
What Does GOLD want to do this week? We have to wait and see...Looking for a healthy retrace this week but I'm not sure just yet if they want to give it to us. We have to be patient and wait for the opportunity to presents itself. Waiting for the killzones is key.
New update for Gold Futures.**Gold Futures: A Comprehensive Update**
Hey everyone! It's been a while since my last post, and there's been a lot happening in the gold market. Let's take a closer look at the current state of gold futures and what's driving the market right now.
**Price Trends**
Gold prices have been trading around **$2,900** per ounce, struggling to break above this level. The price has been relatively stable, but there's a lot of speculation about where it might head next.
**Market Drivers**
Several factors are influencing gold prices at the moment:
**US-Russia Talks**
The ongoing discussions between the US and Russia regarding the war in Ukraine are causing some uncertainty. Any significant developments could impact gold prices as investors look for safe-haven assets.
**Federal Reserve Policies**
Comments from Fed officials about inflation and interest rates are also affecting the market. Fed Governor Michelle Bowman mentioned that rising asset prices may have hampered progress on inflation. This kind of news can make investors nervous and drive them towards gold.
**US Dollar Strength**
The US Dollar has been rebounding, which typically puts downward pressure on gold prices. A stronger dollar makes gold more expensive for holders of other currencies, which can dampen demand.
**Technical Analysis**
The 14-day Relative Strength Index (RSI) is currently around **68**, suggesting a lack of fresh impetus. If sellers enter the market, the price could test the February low of **$2,864**. This level is crucial as a break below it could lead to further downside.
**Upcoming Events**
There are a few key events to keep an eye on:
**Fed Minutes**
The release of the Fed’s January meeting minutes could provide insights into future policy directions. This will be closely watched by market participants.
**US Economic Data**
Reports like Non-Farm Payroll and Consumer Price Index (CPI) will be key indicators to watch. These reports can give us a better understanding of the US economy and influence Fed policy decisions.
**Claims About Trump and Musk Auditing Fort Knox Gold Reserves**
Donald Trump and Elon Musk have indeed raised concerns about the gold reserves at Fort Knox. Trump has publicly stated that he wants to ensure the gold is still there, and Musk has echoed these sentiments on social media. However, it's important to note that Treasury Secretary Scott Bessent has confirmed that the gold reserves are audited annually and that all the gold is present and accounted for.
**Gold Bar with Silver Allegations**
There have been rumors circulating online about a gold bar with silver found at Fort Knox, but there is no verified evidence to support this claim. The U.S. Mint and other official sources have not reported any such discovery. It's likely that this is just another conspiracy theory without any factual basis.
**Conclusion**
While it's always good to question and seek transparency, the claims about Trump and Musk auditing Fort Knox and finding a gold bar with silver seem to lack credible evidence. The official stance is that the gold reserves are well-documented and secure.
gold futur(daily-4h-1h)daily is up
4 hours and 1 hour is up but in correction
gold comes down to strong 1h demand
in this area trend of daikly and 4 hour and 1 hour is still intact
due to the power of daily uptrend and strong of demand zone in one our that can break previous swing and excellent move out buy with target 1to 2 is logical
New Highs coming for gold...but First we need a low created!Looking for a move but we have to be patient in these conditions cause price is rotational. A move is coming. just have to wait for it.
GC1!I am looking a gold for a possible corrective wave, gold has been running hard and it needs a corrective wave to continue running so here is my idea
**Gold Futures: Current Trends and Analysis****Gold Futures: Current Trends and Analysis**
Gold futures have been experiencing significant volatility recently, driven by a combination of economic data, geopolitical tensions, and market sentiment. The price of gold has been fluctuating within a range, with key support and resistance levels being closely watched by traders.
**Market Drivers**
1. **Economic Data**: Recent economic reports have shown mixed signals, with some indicators pointing to a strong economy while others suggest potential slowdowns. This has led to uncertainty among investors, pushing them towards safe-haven assets like gold.
2. **Geopolitical Tensions**: Ongoing geopolitical conflicts and trade disputes have added to market uncertainty. Investors often turn to gold as a hedge against geopolitical risks.
3. **Interest Rates**: The Federal Reserve's stance on interest rates has been a major factor influencing gold prices. Expectations of rate hikes or cuts can significantly impact investor sentiment towards gold.
4. **Currency Movements**: The strength of the US dollar plays a crucial role in determining gold prices. A weaker dollar typically makes gold more attractive to investors holding other currencies.
**Technical Analysis**
Technical indicators suggest that gold futures are currently in a consolidation phase. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing mixed signals, indicating that the market is indecisive. Key levels to watch include the weekly high, previous day high, and previous week high, which have acted as resistance, and the previous day low and previous week low, which have provided support.
**Current Statistics**
- **Gold Price**: As of the latest data, gold futures are trading at approximately $2,911 per ounce.
- **Volume**: Trading volume has increased by 12% over the past week, indicating heightened interest and activity in the market.
- **Open Interest**: Open interest in gold futures has risen by 8% in the last month, suggesting a growing number of contracts outstanding.
- **Volatility**: The volatility index for gold futures has increased by 4% over the past month, reflecting the current market uncertainty.
**Historical Context**
To put the current trends into perspective, gold prices reached an all-time high of approximately $2,070 per ounce in August 2020, driven by the economic uncertainties brought about by the COVID-19 pandemic. In contrast, gold prices were as low as $1,050 per ounce in December 2015. Comparing current prices to these historical highs and lows can help investors gauge the market's direction.
**Market Sentiment**
The general sentiment among traders and investors is mixed. While some are optimistic about gold as a safe-haven asset amidst ongoing uncertainties, others are cautious due to potential economic improvements and higher interest rates. Monitoring sentiment indicators and trader positioning can provide additional insights.
**External Factors**
Several external factors may influence gold prices in the near future:
- Upcoming economic reports, such as employment data and GDP growth rates, could impact market sentiment and gold prices.
- Central bank meetings, particularly the Federal Reserve's decisions on interest rates, will be closely watched by traders.
- Geopolitical events, such as trade negotiations and conflicts, could add to market volatility and affect gold prices.
**Investment Strategies**
Based on the current trends and analysis, here are some potential investment strategies:
- **Long-Term Holding**: Investors who believe in gold's long-term potential as a hedge against economic uncertainties may consider holding gold futures for an extended period.
- **Short-Term Trading**: Traders looking to capitalize on short-term price movements can take advantage of the current volatility by employing technical analysis and setting clear entry and exit points.
- **Diversification**: Diversifying with other precious metals, such as silver and platinum, can help spread risk and potentially enhance returns.
**Conclusion**
In summary, gold futures are currently in a state of flux, with various factors influencing price movements. Traders and investors should keep a close eye on economic data, geopolitical developments, and central bank policies to make informed decisions.
Stock Market Super Bowl Saga continues...Bulls vs Bears... No clear winner yet. Bulls have possession of the ball. They're in the end zone. They may have scored a field goal kick but no winning touchdown yet.
GC1: Buy ideaOn GC1 we are in a bullish channel situation with the breakout of the vwap by buyers, hence a high probability of an upward trend over a 15-minute time unit. This uptrend will be confirmed when the resistance line is broken forcefully by a large green candle.
Gold is poised for a bullish run; consider long positions for ne
- Key Insights: With gold climbing approximately 85% year-to-date, strong
investor sentiment amid economic uncertainty is palpable. Psychological
barriers near the $3,000 mark can spark further interest. Pay attention to
potential bullish opportunities amidst short-term bearish signals which may
prompt temporary pullbacks.
- Price Targets:
- Next week targets: T1=$2,950, T2=$3,040
- Stop levels: S1=$2,820, S2=$2,780
- Recent Performance: Gold has displayed a robust market presence, notably after
reaching an all-time high this trading cycle. Currently, it stands at
$2,910.69995, with the trend signaling a continuation of this upward
movement. However, a cautious approach is warranted given recent short-term
bearish signals.
- Expert Analysis: Analysts emphasize gold's crucial role as a safe-haven asset
amidst stagflation worries, with many central banks enhancing their gold
holdings. Expectations of resistance near $2,940 to $2,980 could influence
short-term dynamics, but the long-term outlook remains positive, especially
with gold's historical value against inflation.
- News Impact: Recent discussions around delivery issues of physical gold
present potential challenges to traditional pricing and could lead to
noteworthy price divergences. Additionally, concerns about dollar weakness
heighten liquidity risks, making gold increasingly appealing as a secure
financial asset during these volatile times.
My thoughts for GCIm looking for areas of consolidation on a higher time frame preferably the one hour then on the 5min wait for a bullish engulfing to print to enter for buys, now Monday is a holiday so I know NYSE will be closed so for the entries already taken, during Asian opening will only be technical trades, but there is high impact news, and depending on descolations with
Russia, I plan for contiunation buys, but I plan to watch the dollar and the yields for any potential reversals to the. downside
