GOLD SELL SETUPI had a Daily uptrend with a 4hr choch. Waiting for a 1hr retest for continuation down between 2,582 and 2,542
HAPPY TRADING!!!
What’s Flowing: Gold Short (CONTRACTION?)Gold futures are displaying a bearish trend as margins compress alongside a price decline. This contraction suggests a short-term downside continuation, making it a crucial moment for traders to monitor levels for potential retracement or further drops.
Key Observations:
1. Price Action: Gold is
Gold11 27 24 gold gapped higher on the open and this gave me a chance to Define range boxes that I can use to make trade decisions. I posted this at around 11:00 PM and then I made some speculations that may or may not work out and that's okay as long as we find a trade location and manage it with
Bitcoin and Gold to Counter InflationConsidering how Gold and Bitcoin surged significantly in response to inflation when it peaked at 9% in June 2022, and given that they are still maintaining their high levels, it seems the fear of inflation is not yet over.
Today, I will focus on Gold and strategies to manage this upward trend, whic
How I use Fibonacci extensions Tuesday on this video we take a look at oil and gold... the real purpose is to take a closer look at how I use extensions since you can end up trading with extensions all day long and go crazy. I think that both markets...... gold... and oil.... are contracted markets.. and if I use range bo
Gold Lost Steam as New US Administration to Take World StageCOMEX: Micro Gold Futures ( COMEX_MINI:MGC1! )
On Monday, gold prices tumbled 3% on reports of Israel-Hezbollah ceasefire and the nomination of Scott Bessent as the U.S. Treasury Secretary. Spot gold fell 3.4% to $2,619.43 per ounce. COMEX gold futures shed 3.4% to $2,620.8.
As a safe-haven invest
Rolling Correlations and Applications for Traders and Investors1. Introduction
Markets are dynamic, and the relationships between assets are constantly shifting. Static correlation values, calculated over fixed periods, may fail to capture these changes, leading traders to miss critical insights. Rolling correlations, on the other hand, provide a continuous vi
Gold Futures: Current Analysis (30-11-2024)We are currently developing the impulse (wave C). The 13 MA is below the 55 MA, indicating a slowdown in the movement. In the RSI Difference indicator , the RSI is between the 13 and 55 SMAs and has failed to surpass the 55 SMA, signaling the continuation of the wave C. The final confirmation for t
#202448 - priceactiontds - weekly update - gold futuresGood Evening and I hope you are well.
tl;dr
gold futures: Neutral. Bulls need a strong break above 2700 to test 2720 and the upper triangle line, above that is 2750 and if they break even that, no more resistance until 2800. Most bullish target I have left is 2900 but that’s too far to talk about
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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.
Frequently Asked Questions
The current price of Shanghai Gold (USD) Futures (Apr 2025) is 2,671.2 USD — it has risen 0.73% in the past 24 hours. Watch Shanghai Gold (USD) Futures (Apr 2025) price in more detail on the chart.
Track more important stats on the Shanghai Gold (USD) Futures (Apr 2025) chart.
The nearest expiration date for Shanghai Gold (USD) Futures (Apr 2025) is Apr 30, 2025.
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 Shanghai Gold (USD) Futures (Apr 2025) before Apr 30, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Shanghai Gold (USD) Futures (Apr 2025) this number is 142.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Shanghai Gold (USD) Futures (Apr 2025) 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 Shanghai Gold (USD) Futures (Apr 2025). Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Shanghai Gold (USD) Futures (Apr 2025) technicals for a more comprehensive analysis.