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Gold Futures (Feb 2023)GG

Gold Futures (Feb 2023)

1,808.8USD / APZD
−9.2−0.51%
At close at Feb 23, 2023, 21:30 GMT
USD / APZ
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GCG2023 trade ideas

Gold Defies the Fed – The Clash for a New Monetary Order🪙 Gold Defies the Fed – The Clash for a New Monetary Order 📈 🏆 Gold Bulls Rejoice — The Chart Speaks Loud From $1,700 to over $3,200 — gold has defied every rule in the macro playbook. It rallied through rising rates, a strong dollar, and a supposed tightening cycle. This move isn't just about demand — it's a signal . 📉 Interest Rate Timeline: 2020–2025 Gold moved counter to monetary logic — here’s the full context: 2022 🔺 R: 0.25 ➝ 4.50 Start of aggressive rate hikes – CPI peaked at 9.1% 🔥 2023 ⚒️ R: 4.50 ➝ 5.50 Peak tightening – gold didn’t flinch 2024 ✂️ R: 5.50 ➝ 4.25 Mid-year rate cuts – inflation cooled to 2.4% ❄️ 2025 🔁 R: 4.25–4.50 Fed paused, Trump pushing for deeper cuts – tariffs complicate the easing path 🇨🇳 The China Factor – A Strategic Gold Game #1 producer AND importer Keeps all domestic production Estimated holdings: 13,000–17,000 tons Investing globally (Africa, Asia, LatAm) Possible BRICS-backed gold currency on the horizon? China isn't just hedging inflation — it's preparing for monetary evolution. 💱 CPI From Fire to Frost 2022: CPI at 9.1% 🔥 2025: 2.4% ❄️ — near the Fed’s 2% target Yet despite “normal” inflation, the Fed holds — a sign of deeper uncertainty. 🧭 The 4 Modes of Gold – Explained on Chart Trump Mode : Aggressive cuts → Gold targets $3,300–$3,600 Feds Mode : Status quo → Gold tests $3,000 China Mode : Strategic surge → Long-term $3,998+ Bitcoin Mode : Digital store of value rises → Gold reverts to $2,537 zone These are not just technical levels — they represent global monetary narratives. 🕰️ Will History Repeat Itself? In 1873, Germany adopted gold. China stayed on silver — and lost its monetary edge. Today, it’s not silver vs gold — it’s gold vs Bitcoin . China stockpiles gold U.S. institutions embrace Bitcoin Trade wars have become currency wars This isn't a normal market — this is the early stage of a global monetary shift . 🔮 Final Thoughts We stand at the crossroads of history . Gold has already chosen its path. Bitcoin is waiting in the wings. And fiat? Under pressure. Stay awake. Stay diversified. The next monetary standard may already be forming. One Love, The FXPROFESSOR 💙
COMEX:GC1!
by FX_Professor
6
Gold trend directionGold 93887 has given V patten inside raising flag pattern. Based on chart formation we find the move could be a possible trap with 90587. We expect Gold to drop to test 90587 initially before the flag pattern break down and drop down to our earlier target . News : supply of gold has increased, demand has decreased. Central banks worldwide are expected to slow their pace of acquisition. According to a survey by the World Gold Council, 71% of central banks plan to either reduce their gold reserves or maintain current levels. Liquidity Concern :"We're getting a lot of stress in the gold market because of liquidity concerns and margin covering by speculators," said Bart Melek, head of commodity strategies at TD Securities.
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by subravi
7
Gold "Breakout" - Dollar Tank EditionBought some GLD this morning because I couldn't think of any other play, and I'm watching the market drop and bond yields rise. Then I look at the dollar index and saw it dropping too. The Euros are selling off all US assets, that's why the drop happened between midnight and noon. The 2% "pump" wasn't really a pump, the dollar dropped 2% this morning. (Though there was a 0.5% actual pump before close.) Gold (in dollars) will break out if the dollar index drops below support (I posted a chart). I've been looking for a high confidence big trade, I'm going big on gold if the dollar loses support, and that can happen as early as tomorrow. Keep an eye on the dollar index, I'll be at work so I will not be posting my trade entry. Note that it's not really a breakout, if you look at gold futures in Swiss francs, it's not even near the top. Also, this trade does not apply to people trading in other currencies like Euros or yens. I think Trump ruined confidence in the dollar, the US market, and bonds. If that's the case, then gold is the way to go.
CLong
by hungry_hippo
8
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 throwing an obstacle to this beautiful setup. Let's see some stability to the bonds market which should lead to stability in the equities market. This should help propel traders taking profits on this Gold rush.
BShort
by LeroyJenkins13
1
Gold4 10 25 this is a relatively short video 15 minutes maybe a little bit more looking at the dollar and looking at Gold. I think gold is getting ready to go higher and it's because of a pattern that developed last night. the way the bars are moving and expanding is triggering a belief for me that the market is going higher. there are reasons why it might go lower since it's in a Range box. the dollars going lower the Gold's going higher you have 1 or 2 bars that make incredible swings and those swings are bi-directional in that one goes up by a lot and then the next bar goes down by a lot..... this is because it's an expanding Market that makes money for buyers and sellers and expanding markets can be very stressful because they make big changes and then on the next bar you get a big change in the other direction.... so you have to think a little bit differently and count on what you think where both sides of the market.... the buyers and the seller and know where they are. if there's 1 point that I think is very important and that is that the 2 bar reversal when the market was at support is really where you would take the best trade based on the way I look for opportunity in a market and it's important to look at where that is and what it looks like because it makes a total difference and how your experience with your entries will change for the better.
CLong
by ScottBogatin
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 daily level at $2,968.5 for T1, and potentially further into the weekly/daily support zone at $2,953.2 , with an extended target at the daily level of $2,929.0. I would expect that zone to provide support, though there is an untested area lower near the recent lows at $2,893.6. Ideally, I do not want to see price move much beyond our first weekly/daily support zone mentioned above but would lean on the lower level as a last ditch effort to hold the structure. From the current price structure, based on Fridays close there's also potential for a move higher into (#1) $3,058 , which is an untested daily level (approached from below). If this level acts as firm resistance, it could trigger the anticipated drop into the zones outlined above. Keeping an eye on being above or below $3,021.4 will be critical for progression in either direction.
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by ViciTradingSolutions
4
Short trade 📉 Trade Breakdown – Sell-Side (CG1! Futures) 📅 Date: Thursday, April 10, 2025 ⏰ Time: 11:45 AM (New York Time) 🕒 Session: London to NY Overlap – Late NY AM 📉 Pair/Instrument: CG1! 📈 Trade Direction: Short (Sell) Trade Parameters: Entry: 3179.7 Take Profit (TP): 3149.7 (–0.94%) Stop Loss (SL): 3186.0 (+0.20%) Risk-Reward Ratio (RR): 4.76 Reason: Observing exhaustion in a rally before NY closes liquidity window with a price sweep into high (supply zone) signalling a reversal.
CShort
by davidjulien369
Gold - The Blow Off TopAs gold hit a high today I took a look at the chart. Incredible run going back many years. But what goes up must come down. Based on a Fib-extension we can see where price has hit resistance and turned it into support. It happened at 1, 1.272, 1.618, and briefly at 2.618. It has remarkably pushed through that. So in my studies of markets and fibonacci I've found that 4.236 often times bring about the top on a parabolic move. So by following that logic I would put the top, at least a local one, at $3,800. Roughly 25% from here. Anyways, that's my 2 cents on Gold. Happy trading.
CLong
by MonkeyPhone
Weekly Market Analysis - 9th April 2025Here we are with another market analysis. This time, a bit late in the week on a Wednesday, but it is what it is! We have CPI today and PPI tomorrow, so this should be an interesting week. Overall, gut instinct tells me we would be pushing lower for the DXY, but again, i'm not betting anything on it. I trade the candles, I trade the structure, I don't trade guesses. I hope you find the video analysis useful. Take care this week! - R2F Trading
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by Road_2_Funded
gold trend direction .. Follow upGold 92870 - Has given a inside bar pattern ( bearish ) and signals are diverged suggests drop to 87300 goodreturns.in wrote : Market Outlook for Gold Prices in India According to a recent report by FXStreet, "Gold prices may witness a short-term pause as bulls take a breather following an extended rally. The report notes that while the fundamental outlook remains bullish, the metal appears slightly overbought on the daily chart." "From a technical standpoint, the Relative Strength Index (RSI) is currently hovering just above the 70 level, indicating overstretched market conditions. As a result, analysts suggest that it would be wise for traders to wait for some near-term consolidation or a modest price correction before entering new long positions."
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by subravi
Consider Shorting Gold Amid Continued Volatility - Key Insights: Gold has been experiencing significant volatility, with a recent sell-off despite being in an uptrend. The current risk-off sentiment in the market is leading investors towards safety and liquidity, creating downward pressure on gold. Fed comments and inflation fears are strengthening the dollar, further impacting gold prices negatively. - Price Targets: For a short position next week, consider targeting a decline in prices. - T1: Approximately $2,950 - T2: Approximately $2,900 - S1: Approximately $3,050 - S2: Approximately $3,100 - Recent Performance: Gold’s market performance has been volatile, mirroring broader market trends across various asset classes, including stocks and cryptocurrencies. The initial technical uptrend for gold was short-lived, with recent market conditions driving a significant sell-off. - Expert Analysis: Analysts suggest a short-term bearish outlook for gold, given the market dynamics and current economic policies. The stronger US dollar against commodities is expected to maintain pressure on gold prices. Although gold has served as a temporary safe haven, the rally seems unsustainable. - News Impact: The potential for a BRICS-backed gold currency introduces possible shifts in financial dynamics that could affect demand and valuations. Ongoing global inflation concerns and the dedollarization strategy pose further complexities, emphasizing the role of geopolitical factors in gold's market performance. Investors are advised to maintain a cautious approach and consider gold within a diversified portfolio.
CShort
by CrowdWisdomTrading
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, leaving many traders scratching their heads. What’s particularly puzzling is the lack of chasing in this rally, especially considering the massive price movement since then. This is particularly surprising because Large Speculators, for the most part, are trend-followers — and right now, the trend in Gold is unmistakably bullish. When comparing positioning in Gold to Silver, there’s a distinct difference. While Large Speculators initially followed the rally in Silver, continuing to buy as Silver lagged behind Gold, this strategy was much more reactive. Silver’s underperformance relative to Gold made sense, given that Silver is more crowded than Gold — meaning there’s less demand and fewer buyers. The key takeaway from this analysis is that the Commitment of Traders (COT) report can offer valuable insights into which market presents the better risk/reward trade. In this case, the COT report highlighted Gold as the superior trend to follow, especially for traders looking to capitalize on precious metals amidst all the tariff news and rising market uncertainty. By using the COT, traders can refine their strategies to focus on trends with more significant potential, rather than getting distracted by more volatile, crowded trades.
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by Crowded_Market_Report
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 Federal Reserve Bank recently revised its well-known GDPNow model for first-quarter gross domestic product to a -2.8% seasonally adjusted annual rate. However, the bank also estimated Q1 GDP at just -0.8% when adjusted for rising U.S. gold imports vs. exports. Wait a minute! Do you mean that the Atlanta Fed runs two GDP models -- one that includes the cross-border gold trade and one that doesn’t? Yes, I do. U.S. gold exports have been rising because some of the world’s central banks -- most notably, China and Russia’s -- have become large net buyers of physical gold. Both countries are members of the so-called “BRICS” -- a group of non-Group of Seven nations like Brazil, Russia, India, China and South Africa (hence the “BRICS” name). The BRICS have often hinted at creating some kind of a monetary union that would produce a single currency to rival the U.S. dollar’s current status as the world’s “reserve” form of cash. This new BRICS form of money could either exist alongside each country’s own national currency or actually replace them (along the lines of what happened with the European Union’s creation of the euro). Now, EU nations participating in the single-currency zone have had to largely surrender their monetary sovereignty. That's something I really could never see China, Russia, India or Brazil being willing to do. That said, there’s talk of the BRICS creating something like the International Monetary Fund’s Special Drawing Rights. But unlike SDRs, the BRICS would back their new currency by a hard asset like gold. That could put the U.S. dollar on the defensive. Such a currency could become the preferred unit of trade for global commodities, or at least some global commodities between certain trading partners. Gold’s Technical Analysis Coupled with all of the recent global trade tensions, the central-bank purchases have created incredible demand for gold – boosting the metal’s price. Let’s the chart for check out Comex gold futures COMEX:GC1! going back to September 2022 and running through midweek last week: Readers will see in this chart of Comex front-month gold futures (presented in the form of one continuous contract) that the metal been in a steady uptrend for more than 2-1/2 years. I’ve captured this in a Raff Regression model above. After testing the model’s lower bound for much of late 2023/early 2024, gold recently brushed up against the model's upper trendline, then broke out. Not surprisingly, Comex gold’s Relative Strength Index -- the gray line at the chart’s top -- is now rather strong and even close to technically overbought territory (above 70). That’s historically where gold futures weaken briefly prior to pushing even higher. (Obviously, past performance is no guarantee of future results.) Meanwhile, the Comex contract’s daily Moving Average Convergence Divergence index (or “MACD,” marked with gold and black lines and blue bars at the chart’s bottom) looks very bullish. The 9-day Exponential Moving Average (or “EMA,” marked with blue bars) is above zero, as is the 12-day EMA (the black line) and 26-day EMA (the gold line). The 12-day line is also above the 26-day line. All of that is typically positive when charting a security. Also note that this contract has been above all three of its key moving averages since testing the 21-day EMA (denoted with a green line above) on March 13. Additionally, the contract has been solidly above both its 50-day Simple Moving Average (or “SMA,” marked with a blue line above) and its 200-day SMA (the red line) going back to mid-January. That sort of set-up will often slow down portfolio managers who might otherwise be thinking about reducing their overall gold exposure. (Moomoo Technologies Inc. Markets Commentator Stephen “Sarge” Guilfoyle owned gold ETF shares and physical gold at the time of writing this column.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. 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by moomoo
1