Gold BullishGold looking bullish as price is consolidating in this range just below the trendline resistance marked by 3 tests since March. If price can breach 2350 there is room for a continuation to the upside. Not sure if there is or will be any catalyst to push price up and sellers out. Longby supertokki520
Intraday and STBT Gold and Silver strategy.....COMEX----Gold and Silver.....After US Fed Chair Powell Speaks..... Trade and Sell Max.....Gold and Silver CRASHED..... Intraday Call---Gold August Futures---Again Sell Gold 2346.00-2351.00 range....and keep SL 2361.50....and wait TGT1 2326.00.....and wait TGT2 2616.00.....and wait TGT3 2306.00---TGT1 in next few minutes..... Intraday Call---Silver September Futures---Again Sell Silver 30.120-30.220 range....and keep SL 30.510....and wait TGT1 29.400.....and wait TGT2 29.200.....and wait TGT3 28.900---TGT1 in next few minutes.....Shortby sebihirengarasondia111
Wyckoff accumulation pattern We are now in the last phase after testing the upper line. from here we should go up and reach 2387, but i am aiming for for 2368 that's would be 2.5:1 . today we got Powell speech at the open we will get a good violently to push the price and break the upper line.Longby moonfighter0
6/30 | $GCWill be watching this one more closely. We have been rangebound for awhile now. With contraction comes expansion, and I think we are close to a breakout to new highs.Longby StonksSociety0
#202427 - priceactiontds - weekly update - gold futuresGood Evening and I hope you are well. Quote from last week: bull case: Bulls see the green support line and want to keep it support and keep the market above 2300/2320. They stalled the market long enough that not enough bears want to push their luck, selling the lows here. They also managed to print 2 bars above the daily ema, which makes the market more neutral. comment: Keeping this very short bc the tl;dr almost covered it all. Trading range and a descending triangle. Huge support 2300 and until either that or the upper triangle bear line is broken, it’s as neutral as it gets. Buy low, sell high and scalp. 55/45 imo that bears get a breakout below but do you really want to bet on those odds? I don’t. current market cycle: trading range until 2300 or 2385 is broken. key levels: 2300 - 2385 / below 2300 comes 2270 in play bull case: Bulls keeping it above support but can not print consecutive daily closes above the daily 20ema. Will probably see a breakout over the next 1-2 weeks. Invalidation is below 2300. bear case: Bears need a strong break below 2300, that’s it. Invalidation is above 2385. outlook last week: “short term: Play the triangle if the support holds. ” → Last Sunday we traded 2331 and now we are at 2339. Triangle held. Good outlook. short term: Neutral. Play the triangle. medium-long term: For now I think the most reasonable outlook I could give is a trading range 2200-2500. This could hold for some time. Bear in my still thinks this rally is moronic and we will see 2000 again this year but that’s as unreasonable of an outlook one could hold so don’t. —unchanged current swing trade: None and won’t enter. Just scalps for me. Chart update: Made the support more obvious.by priceactiontds0
2024-06-27 - priceactiontds - daily update - goldGood Evening and I hope you are well. gold comment: Daily ema at 2346 and we closed 2339. Bulls can’t close above it and bears can’t break below 2300. Today was strong enough for bulls to try and get a second leg. Measured move is up to 2375ish. current market cycle: trading range key levels: 2300 - 2360 bull case: Bulls first target tomorrow is to stay above the 1h ema and then break above 2350. 2350 is big resistance until broken. If they manage to break it, high probability we see 2360+. Invalidation is below 2300. bear case: Need a break below 2300. No better arguments for their case. Bears kinda tried down to 2304 but market stalled so long down there, that bears just gave up before EU open and market just melted higher. Was this a buy vacuum produced by bears stepping aside, rather than strong bulls buying? Will find out tomorrow. Invalidation is above 2350. short term: Odds favor the bulls for a second leg up but 2350 is big resistance until broken. medium-long term: For now I think the most reasonable outlook I could give is a trading range 2200-2450. This could hold for some time. Bear in my still thinks this rally is dumb and we will see 2000 again this year but that’s as unreasonable of an outlook one could hold so DON’T. current swing trade: None trade of the day: Long anything after bar 6 broke above the range and the 1h 20ema.by priceactiontds0
gold silver interday update edu. purgold styaa bv 71450 looks up side till 71600-700 where support 71350 silver styaa bv 87500 looks up side 88000 support 87200 expect buy on dips with support sl Longby kailashcfa330
gold silevr update edu pur.gold spot stya blw 2310 looks dwn fall till 2303--2290 in mcx 71300 tya blw dwn only 70900 expect where hurdel 2320 in mcx 71516@-- silver stya blw 28.90 looks dwn ward 28.60--28.30 in mcx 87000 blw looks dwn fall till 86400-86001 87500 crucial hurdel for up side let see wht happenby kailashcfa33Updated 0
Long in gold 26/06After 2 fobo's and with the volume in the last fobo, I'm enable to take this oneLongby luisdruizfUpdated 0
Gold Macro Analysis - $2400 by JulyGold has been trading in and above the previous ATH zone since April of this year. Large amounts of seller volume was enough to bring us down to $2300 June 7th; however the zone held. We've failed to make either a higher high or a lower low during the last week and we're currently in a tighter consolidation on the daily chart. There's liquidity on both sides, but it's more likely we see a break in the short term downtrend than prices below $2300. $2375 shouldn't offer much resistance, with $2400 being the next psychological price and previous resistance level. Longby Coolstud0
Gold/Silver Neutralizing FridayGold (August) / Silver (September) Gold, yesterday’s close: Settled at 2344.4, up 13.2 Silver, yesterday’s close: Settled at 29.525, down 0.089 Gold and Silver futures are again on their backfoot. Despite a firm tape overnight, comments from Fed Governor Bowman that it is not time to cut rates, even pointing to the possibility of hikes in the case of persistent inflation quickly eroded the positivity. It is important to understand that Bowman is the most hawkish voice at the Fed and no stranger to outlier comments. We now look to CB Consumer Confidence data at 9:00 am CT. Today marks the expiration of July options for both Gold and Silver, and this could bring a wonky tape through midday. For now, strong resistance has developed into the latter part of Friday’s bludgeoning, bringing major three-star resistance at 2348.7 in Gold and 30.07-30.12 in Silver; we must see move out above here in each in order to even start the path to neutralizing Friday’s tape. Bias: Neutral/Bullish Resistance: 2348.7***, 2355.3-2358.8*** Pivot: 2341 Support: 2329.5-2331.2**, 2318-2320.2***, 2304.2-2310.9*** Silver (Sept) Resistance: 30.07-30.12**, 30.19-30.27**, 30.40-30.57***, 31.04-31.15*** Pivot: 29.90 Support: 29.69-29.79**, 29.30-29.38***, 29.03-29.05**** Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures0
Gold bubble seems to burst in the coming days!Get intraday and holding investment recommendations for both gold and silver. Include both Indian and international market rates. in.investing.comShortby sebihirengarasondia661
Looking for shorts in Gold.If the market breaks this support,all my conditions for a short trade would be set and it would be a RR 1:1Shortby luisdruizfUpdated 0
Short GC @ 2249 on AbsorptionGC is in a converging triangle here and I think after the large selloff from Friday has more room to the downside before finding a bottom. There is a lot of resting liquidity at 2349 plus the psychological level of 2350. I am thinking that GC rallies up to this area before being shorted back down again and finding a new bottom. Stop loss at 2353 and take profit at 2341 for a 2:1 RR. Shortby SkyIsCallingUpdated 0
GOLD COMEX - Intraday Levels - 24th June 2024if Sustain above 2340.8 then 2349.1 to 2352.2 above this bullish then 2358.3 to 2360.5 then 2369 to 2370.3 tabove this more bullish if Sustain Below 2331.3 then 2325.8 below this bearish then 2312.3 or 2311.0 Strong level then 2303.7 to 2299.8 below this more bearish then 2295.4 to then 2287.5 to 2285.3 then 2283.1 then 2279.3 then 2275.5 to 2272.9 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkar0
6/23 | $GCPretty clean consolidation pattern here every since making a new ATH. Looking for price to retrace into my 3H demand zone (Green box) to buy around $2300.by StonksSociety0
Something slight check out some of my ideas. also I don't take every trade idea that you see here these are assumptions before price action completes and confirms. The point of my ideas is try to predict price action everyone knows that's next to impossible but I'm having fun. I am not a professional trader nor am I technical . all ideas are based on what I understand price to be. when I see certain confluences that fits my trading strategy I then look for my opportunity to enter trades. to many egos here. we are all independent traders navigating the market. happy trading Shortby THE_APIS_TRADER0
GC1: Sell ideaSell idea on GC1 as you see on the chart after the breakout with force the vwap and the support line by a big red candle follow by a large red volume.Shortby PAZINI196
GC Gold longtesting my alogo signal for Gold. This Double Top makes me cautious of a BUY. Also the algo has won the last 10 trades and usually has 8 trade win before a loss. Either way Ill take the signal. This signal was on a 5m chart but TV wont let me post the low TF idea.Longby Tn3310796Updated 2
Commodities comparisonHere's a 1-day chart, Q2 2024 view, commodities comparison with the tickerTracker MFI oscillator set to RSI length 7: Gold GC1! - bright orange Copper HG1! - dull orange Silver SI1! - light gray Palladium PA1! - darker gray Platinum PL1! - white gray Corn ZC1! - yellow Soybean ZS1! - green Lumber LBR1! - brown Wheat ZW1! - brown yellow Oil CL1! - black blue Gas NG1! - whiteby Options3601
China Halt Buying Gold - Time to sell? But when to buy again?Is there still demand for gold by central banks around the world, and is gold heading for a correction? We will look into some data on the central banks' interest in this precious metal and discuss how to trade gold during this period. Micro Gold Futures & Options Ticker: MGC Minimum fluctuation: 0.10 per troy ounce = $1.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Short09:42by konhow9914