We now have a direction for GOLDSeems the entire market was waiting on Trump to do his thing. Now that we have that news out the way on Tarrifs the market is much more likely to give up a direction. Grounds for much safter plays.
Contract highlights
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 dai
Gold Is Trading Near Record Highs. What Does Its Chart Say?Gold TVC:GOLD hit a record high recently on global trade tensions before pulling back following release of President Donald Trump’s tariff plans. What does fundamental and technical analysis say could be next for the precious metal?
Let’s check it out:
Gold’s Fundamental Analysis
The Atlanta
Short XAU (Gold) Gold Futures are showing a very clean impulsive move through Elliot Wave TA. You can see the running flat on the 2nd wave leading to a very strong move on the Wave 3 major move. The Wave 5 is shorter than the Wave 3 to confirm the possible completion of this 5 Wave move up.
A weaker DXY (USD) is th
GC heading down againGold is respecting the 2-2.5 stdv like clockwork. After reaching 3130 I expect gold to return down to first 3034, and then eventually down to 2959. This will retrace back to fib 0 for the original manipulation legs as showed on chart. There is also an RSI div on 1H
Gold correction to set-up the stage for a multi-year run?I think one should monitor Gold closely as it may be setting up for a multi year run.
I provide levels to watch.
We might get a play on Gold soon! Been waiting for price to come for these levels for almost a month now. Now that we are finally here I'm just trying to keep my cool and wait for things to line up inside of the killzone. We could get a nice bullish swing here. We just have to wait for price to show us thats what it wants to do.
Can Gold Continue Higher? Last month, I pointed out that Large Speculators started to close out their net-long positions in Gold futures, betting on the possibility of a reversal as they attempted to time the market turn at all-time highs. This behavior continued for several weeks, yet Gold’s price continued its upward rally
Gold Futures: Flight of the PhoenixCOMEX:GC1!
Gold Futures Analysis:
Gold futures are currently presenting a clearer picture compared to equity index futures. Crude oil futures, on the other hand, have already priced in much of the recent tariff news, with a reversal observed from the 2025 mid-range back towards $65. Despite he
GC1!: Buy ideaGold is in an oversold zone, as indicated by our RSI indicator. Therefore, we should expect a rise.
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The nearest expiration date for Gold Online Futures is Mar 30, 2020.
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 Online Futures before Mar 30, 2020.