Micro Gold going back to (2785)Gold had a great push up on Friday , but it looks like pull back back to the 2785 ish area.
GDR1! trade ideas
GC1 310125My trading plan is to wait for price to reach the drawn lines or boxes to look for entry signals. The drawn lines or boxes are strong support/resistance zones, these are potential reversal areas when price approaches. If price breaks out instead of reversing, this is where to wait for a retest to look for entry signals. Good luck my friend!
Gold Prices Surge: What’s Next After the Latest Breakout ?
The price is in a strong uptrend, with consistent higher highs and higher lows.
The recent breakout above 2,800 confirms bullish momentum.
Support: Around 2,720 (previous swing high) and 2,600 (lower Bollinger Band).
Resistance: Current high at 2,853.2—watch for potential pullbacks.
The price is near the upper Bollinger Band, suggesting a strong bullish move but also a possibility of short-term consolidation or pullback.
Increased volume accompanies the breakout, confirming strong buying pressure.
High volume spikes during upward moves indicate institutional participation.
Bullish Case: If momentum continues, price could test 2,900 and potentially 3,000.
Bearish Case: A short-term pullback to 2,750–2,720 before another move higher.
GOLD GAVE US CHOP...Now will it Move?We got nothing but chop pending news yesterday. Now that new is out the way...we are more likely to get a solid move. Just waiting for the killzone to make a decision on a direction. We need a nice pull back for a solid pull run so I will wait for it to pull outside of value.
GC (Gold) Futures - Bullish moveBased on confluences, GC Futures will potentially continue in a bullish move. Note: This is not financial advise, trade at your own risk.
GOLD (GC1!) ELLIOTT WAVE ANALYSIS - FLAT PATTERN BEARISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master Designation).
Conclusion: The previously mentioned ALT wave count scenario is triggered, gold continues to fall lower with a ((c))-navy wave.
Probability assessment: Main wave count scenario.
Forecast direction: Pushing much lower.
Long-term bullish potential: Not really, the ((c))-navy wave can move to lower targets; therefore the medium-term outlook is bearish.
Details:
We are moving down with a ((c))-navy wave in a flat pattern of 4-grey wave. The decline will move to a target of 2,671.0 and then 2,596.7. While the price must remain below 2,794.8 to maintain this view.
Invalidation Point: 2,794.8.
GOLD, is it possible time to sell? Hello everyone! There is a high likelihood that gold may decline from its current level. The 2800 mark is a historical high and a critical level. Will the bulls be able to break through it immediately?
From a long-term wave perspective, the price of gold may currently be in corrective wave 4, which is likely not yet complete, as the time targets have not been reached. The RSI on the daily chart is near the overbought zone and is trending downward, while volumes have been declining for four consecutive sessions. Additionally, according to the CFTC report, speculative long positions have reached the peak levels of October 2024, when gold prices dropped, leading to profit-taking.
Taking all this into account, I believe the bulls currently lack sufficient strength to continue the trend, and some cooling is needed.
From a wave analysis standpoint, a triangle formation is possible, followed by gold entering wave ((C)) with a target in the range of 2660-2640.
It is important to exercise caution. For a more confident entry into a position, it would be preferable to see a false breakout of the level, which has not occurred yet. This should be kept in mind.
How to Enter a BUY In GOLD This Week! Step By Step!This is how I do it every trading day, and I want to share it with my viewers!
Make sure your time frame alignment is one of the following:
Weekly - 4H - 15m - 1m
Daily - 1H - 5m - 1m
Then make sure your bias is aligned on each one of those TFs.
Then enter your trade on the 15m or 5 minute.
You're all set!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Will Gold continue Bullish this week? lets talk about it!We have broken out of the current area of value and retracing back into it to give a entry to continue with the bullish price action. We just have to allow things to play out and establish that low for the week first.
EWTSU GOLD future intermediate (4) update
Elliott Wave Trade Setup
GOLD future intermediate (4) update
It look likes intermediate (4) developping in a flat correction ABC
Watch the end of Minor B in a intermediate minute double zigzag
Wait to confirm the ending diagonal of minuette (c) of minute (Y)
price break down subminuette iv.
invalidation: ending diagonal of minuette (c) , not confirmed
The New Competition is apon us📈 Upcoming CME Trading Competition: What Traders Should Know 📈
The CME Group is gearing up for its annual trading competition, and it's an excellent opportunity for traders to showcase their skills in a simulated, risk-free environment. Here are some key points to keep in mind:
Key Factors to Watch Out For
Real-Time Data Feeds: Ensure you have access to accurate and timely market data.
Diverse Asset Offerings: Familiarize yourself with the various asset classes available, such as agriculture, energy, metals, equity indices, interest rates, and foreign exchange.
Competition Environment: Understand the rules and regulations to avoid disqualification.
Psychological Pressure: Stay calm and composed, as the competitive environment can be intense.
The Importance of Backtesting
Backtesting is crucial for developing a robust trading strategy. By using historical data, you can simulate trades and analyze the effectiveness of your strategy5. This helps in identifying potential flaws and refining your approach before risking real capital.
Inspirational Quote
To wrap things up, here's a quote by the legendary trader Jesse Livermore: "The game of trading is the greatest game in the world. If you are wise enough to learn it, you can do anything you want to do."
Best of luck to all participants! May your strategies be sound and your trades profitable. 🚀
xau260125xau260125 trading plan: The boxes are identified as strong support and resistance levels. Trading within the boxes will be safer, everyone.
100Pts Long on GOLD / 5R Multiple for DA HOUSE Recap!!COMEX:GC1!
"2025 For a greater reward, we must go to the valley to CONQUER!!" -500KTrey
Here in this video I have gone into great detail about our system;
Confluence Profile 500K (Expectational Order-Flow + PA) 20pt Stop / 5R Run... Well DONE!!
Enjoy. Stay Dedicated. Stay Focused. Seek Inspiration!!
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well an Abundance of low hanging fruit awaits us." -500KTrey
+Shalom
More Higher Highs for Gold! I want to Buy Gold now and not miss the move. But the Motto is NOFOMO! We have to wait for the killzones. Asian and London session should give us a idea of what price would like to do next. We just have to wait for it!
GOLD is setting up for the week! Switched to doing my breakdown on the micro contract since is what I actually trade and the forex chart is not moving in sync with it currently so I cant trust that price action. Expecting for a set up on a major play tonight some time between Asian session and London. Price is ultimately bearish so we not looking to get in until price moves outside of value to give us a entry.
GOLD Breakout and the Impenetrable 2760 Ceiling
Market open Sunday will likely give clues as to wether gold will continue to payout into near all time highs, or reject off of 2760 again and correct back downward. If price closes above 2760, considering the upward trend close enough to the price to make a safe long entry.
Gold Looks Towards 2700 $Gold Futures Short at 2730 $ as Double Top Pattern formation completed and Neck Line is Broke successfully with retest done in H1 time frame.
Expected fall towards 2700 $ which will be Profit Taking level.
Characteristics of a Double Top Pattern:
Two Peaks:
The price creates two nearly equal highs, indicating strong resistance at that level.
The peaks are separated by a pullback (called the "valley").
Support Breakout:
The pattern is confirmed when the price breaks below the "neckline" (the horizontal line connecting the lowest point of the valley).
Volume:
Volume is typically higher during the first peak and lower during the second, showing weakening bullish momentum.
Bearish Implication:
When the neckline is broken, it suggests a potential downtrend, as buyers fail to push the price higher.
The Direction of Gold 25.01.20Hello, this is Greedy All-Day.
Today’s analysis focuses on gold.
Gold Daily Chart Analysis
Chart:
Key Observations:
Gold recently broke above its long-term descending resistance trendline.
The resistance trendline began at the high on October 31, 2024, and was broken on January 16, 2025.
After breaking the resistance, gold reached a high near 2761, which failed to break above the top of the orange supply zone.
The current resistance stands at 2759.2, below the orange zone's high of 2761.3, leading to a short-term pullback.
Support Test and Outlook:
The yellow resistance trendline has turned into support after a successful retest.
Although the orange box supply zone has not been broken, the overall bullish momentum remains intact.
Next Resistance Levels:
If 2761.3 is broken, the next resistance lies at 2772.6, the upper wick resistance level within the purple box.
Breaking above 2772.6 could open the door for a potential retest of the all-time high near 2801.8.
Long-Term Trendline and Supply Zones
Chart:
Downside Risk:
A potential short-term trend reversal requires the green box to be broken.
Current key support for a breakdown: 2666 (below this level, gold will likely fall out of the Ichimoku Cloud).
A break below the red box supply zone’s lower boundary (2595) could signal a bearish shift in the larger pennant structure.
Current Gold Levels and Trading Strategies
Chart:
Buy Strategy:
A breakout above 2761.3 is crucial for initiating a long position.
If broken, the next target is the 2772 resistance level, with further potential upside to all-time highs if 2772 is cleared.
Sell Strategy:
Focus on the range between 2729.2–2720.9 for sell signals.
For gold to return to bearish momentum, the current support trendline (yellow) must break and turn back into resistance.
If the price breaks below 2729.2–2720.9, the next support level is the red ascending trendline.
Summary
Bullish Scenario: A breakout above 2761.3 could signal continuation toward 2772.6 and beyond.
Bearish Scenario: A break below 2729.2–2720.9 could lead to a deeper correction toward the red ascending trendline or lower levels.
Stay strategic and monitor key levels carefully for potential opportunities. 🚀
Long positions feasible as gold tests resistance levels next wee
- Key Insights: The recent performance of gold indicates its positioning at
critical resistance levels, particularly around $2720. The potential for
upward movement remains if it breaks through these levels. Traders should
focus on managing risks given the high volatility, and beginners are
encouraged to practice with a demo account before engaging in live trading.
- Price Targets: Next week targets for long positions are T1: $2750, T2: $2785.
Stop levels are S1: $2710, S2: $2680. This setup suggests a cautious
approach while betting on gold’s ability to breach key resistance.
- Recent Performance: Gold exhibited significant fluctuations this past week,
stabilizing around the $2750 mark. Its performance stands out particularly
as other financial sectors have excelled, though gold remains intertwined
with evolving market conditions reflecting investor sentiment.
- Expert Analysis: Analysts continue to express a cautiously optimistic outlook
for gold in light of shifting economic indicators. While volatility remains
a concern, the sentiment among experts suggests that a breakout above $2720
could signal renewed interest from commodity investors, especially during
uncertain economic times.
- News Impact: Positive earnings announcements from major banks have created a
ripple effect, fostering speculation about a possible shift of capital from
equities into commodities. This environment encourages attention towards
gold as a safe haven or alternative investment during times of market
turbulence, underscoring gold's importance in a well-rounded investment
strategy.
Gold to Shine Bright on Fundamentals, Seasonality & Sentiments“Gold is money. Everything else is credit” said John Pierpont Morgan some 100+ years ago. Gold is limited in supply. Much of what can be mined has been dug up.
Gold bugs opine that the only way for gold prices is up as fiat money continues to be printed with nothing but institutional promises backing them. As a result, not only is the price of gold inching up, but the value commanded by fiat money continues to contract.
GOLD’S RISE HAS REMAINED UNSTOPPABLE DURING THE LAST TWO YEARS
Gold, as represented by CME Gold Futures, was up 1.45x delivering a stunning 13.5% gain in 2023 followed by a record-shattering 27% gain in 2024.
These stellar returns were delivered with a 20-day rolling realised volatility averaging south of 14% commanding a Sharpe Ratio of more than one.
The World Gold Council analysis shows that gold outperformed US stocks, EM equities, bonds, and commodities. LBMA Gold prices surged by 25.5% while printing 40 all-time highs in 2024 with the most recent high of USD 2,777.80/oz on 30th October 2024.
This remarkable growth was driven by strong demand from central banks and institutional investors combined with rising geopolitical risks.
Source: gold.org
After such a stunning rally these last two years, what to expect from gold in 2025? First, recapping the rationale for gold.
GOLD REMAINS A HEDGE AGAINST SUSTAINED INFLATION, DEBASEMENT, & TRUST DEFICIT
Gold has long been considered a safeguard against economic uncertainties, particularly during periods when confidence in financial institutions and government policies wanes.
This perception is rooted in gold's intrinsic value and its independence from any single nation's economic policies, making it a preferred asset during times of trust deficit.
Several factors have reinforced gold's role as a hedge against trust deficit, key among them being:
• Geopolitical Tensions : Ongoing global conflicts and political instability have heightened investor anxiety, leading many to seek refuge in gold. Its value appreciates when geopolitical risks escalate, reflecting its status as a haven asset.
• Fiscal Policies & Debt Levels : Concerns over rising national debts and fiscal deficits, particularly in major economies like the United States, have prompted investors to turn to gold. Analysts suggest that gold benefits from apprehensions about the trajectory of U.S. debt and deficits, serving as a buffer against potential fiscal crises.
• Inflation & Currency Depreciation : Fears of inflation and currency devaluation have further increased gold's appeal. As a tangible asset, gold is perceived as a store of value that can preserve wealth against the eroding effects of inflation & currency debasement.
Moreover, during periods of financial market volatility, gold has demonstrated its effectiveness as a portfolio diversifier. Its low correlation with other asset classes allows it to mitigate losses during market downturns, providing stability when trust diminishes.
In summary, gold's enduring value and independence from centralized financial systems make it a reliable hedge against trust deficit. Investors seeking portfolio protection turn to gold as a haven.
GOLD HAS HEADROOM TO RISE EVEN HIGHER IN 2025
State Street Global Advisors ("SSGA") cite three primary reasons for being bullish on Gold in 2025. These include (a) Continued central bank purchases, (b) Rising consumer demand in China & India as domestic gold ETFs proliferate, and (c) US monetary easing and the potential for the new Trump administration’s fiscal policies to expand deficits.
Central banks have been accumulating gold at the fastest pace in recent record. Consistent buying in the past three years despite surging prices point to long-term strategic considerations beyond price sensitivity.
Gold’s inverse relationship with the US dollar remains misunderstood. The USD is as strong today as it was at the start of the century, while gold has appreciated 813% in the same period. A strong dollar does not necessarily make gold bearish.
New Trump Administration to be sworn-in later today (20th Jan 2025) also serves as a tailwind to gold prices. During Trump 2.0, the President's proposed tariff policies are likely to accelerate the de-dollarisation trend and be compounded by rising geopolitical risks. Collectively, this will push central banks and consumers to seek shelter in gold.
Source: SSGA.com
SSGA has a base case scenario (with a 50% likelihood) of gold trading between USD 2,600 to USD 2,900 an ounce. It also sets out a bull case with a 30% chance of gold price ranging between USD 2,900 to USD 3,100 an ounce. A bear case alternative (20% chance) of gold prices pulling back to trade between USD 2,200 to USD 2,600 per ounce.
GOLD ETF FLOWS HAVE BEEN ROBUST IN 2025
The GLD ETF has seen substantial positive inflows into the fund so far this year. Barring four days of net outflows, large inflows on 10/Jan and 17/Jan have contributed to additional AUM of USD 579.22 million into the GLD ETF taking the total AUM to USD 76.74 billion.
Post-election results, the GLD ETF witnessed multiple days of fund outflows and those have been more than offset with fresh funds moving into the ETF signalling bullish investor sentiment.
SEASONALITY FAVORS A BULLISH STANCE IN GOLD
Save for February & June, Gold Futures have generated positive returns during the first half of the year delivering 6.6% upside gains on average over the last ten years.
HYPOTHETICAL TRADE SET UP
A confluence of fundamentals, seasonality, and sentiment points to near to medium-term bullishness in gold prices. This paper posits a hypothetical trade setup consisting of a long position in CME Micro Gold Futures contract expiring on 28th April 2025 (MGCJ2025). Each Micro Gold Futures contract provides an exposure to 10 troy ounces.
Both standard-sized gold futures (GC) and the newly launched 1-ounce gold futures offer avenues to express bullish sentiment on the yellow metal. This comprehensive suite of gold futures is tailored to enhance flexibility and precision, empowering investors to capitalize on market opportunities effectively.
• Entry: USD 2,754/oz
• Target: USD 2,880/oz
• Stop: USD 2,670/oz
• P&L at Target (per lot): +1,260 ((2,880 – 2,754) x 10)
• P&L at Stop (per lot): -840 ((2,754 – 2,670) x 10)
• Reward-to-Risk Ratio: 1.5x
MARKET DATA
CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme .
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