Gold is changing trend.Gold has been doing previous lower lows. Just hit 3210.00
Expecting change of trend.
Contract highlights
No news here
Looks like there's nothing to report right now
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.
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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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 Futures (Dec 2020) is Dec 29, 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 Futures (Dec 2020) before Dec 29, 2020.