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 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.
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.
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 Sessio
Retrace Complete...but we need 1 more Sweep on Gold!This pullback is what I waited for and it took all week for it to happen. Not sure if I will get the bullish move today being that it is Friday. But if they hit the level I'm looking for I will try at least once. Keeping expectations low since its the end of the week. but things are shaping out for
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of Gold Futures is 3,338.2 USD / APZ — it has fallen −3.38% in the past 24 hours. Watch Gold Futures price in more detail on the chart.
The volume of Gold Futures is 10.00. Track more important stats on the Gold Futures chart.
The nearest expiration date for Gold Futures is Mar 20, 2026.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures before Mar 20, 2026.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Futures this number is 310.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold Futures technicals for a more comprehensive analysis.