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Gold Futures

15,534JPYD
+46+0.30%
As of today at 21:00 GMT
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TGD1! trade ideas

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
INTRADAY MOVEMENT EXPECTEDi can see still there is liquidity above at the poc of the weekly volume but if the price can cross up the level it can visit the next resistance above so if the price at london session cross down the value area i will expect visit the levels shown on the chart as support and make the rejection so we have to follow the plan and and use the levels on the chart risk management safe the profit secure the orders after the price move stop at break even we wish happy trade for all
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by ConcordDeath
Long for Gold: Seizing Safe-Haven Opportunities Next Week -Key Insights: Gold is maintaining its robust uptrend as it benefits from global economic uncertainties, making it a favored safe-haven asset. Investors are moving towards gold due to geopolitical tensions and a volatile stock market. The precious metal's performance is strong compared to other sectors, with a bullish outlook supported by experts and analysts. -Price Targets: For the upcoming week, traders should consider the following targets and stop levels for long positions: T1 at 3155 and T2 at 3220, indicating potential gains. Set your stop levels at S1 of 3080 and a more conservative S2 of 3050 to mitigate risks. -Recent Performance: Gold has showcased a strong and consistent uptrend, distinguishing itself amidst broader market volatility. Its appeal as a safe- haven asset has attracted investor interest, particularly as geopolitical tensions and trade developments influence market dynamics. -Expert Analysis: Analysts maintain a bullish perspective on gold's trajectory. Despite warnings of possible corrections if certain resistance levels are met, the overall sentiment is optimistic. Experts emphasize the strength of gold in current economic conditions, underscoring its appeal. -News Impact: Ongoing trade war developments and geopolitical tensions are significantly impacting gold prices, reinforcing its position as a safe haven. Investors are advised to stay informed about tariff changes and policy shifts, which can influence demand and drive price momentum. In conclusion, gold remains in a favorable position, driven by persistent economic uncertainties and investor flights to safety. Targeting the specified levels can optimize outcomes for those positioning long in the market next week.
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by CrowdWisdomTrading
GOLD - WEEKLY SUMMARY 24.3-28.3 / FORECAST🏆 GOLD – 5th week of the base cycle (15-20+ weeks). After a brief correction at the pivot forecast on March 19 (see the previous post), gold resumed its bullish trend at the extreme forecast on March 24 – the midpoint of retrograde Mercury. ⚠️ Holding the long position from the extreme forecast on March 3. The movement range to the pivot forecast on March 19 for GC futures exceeded USD12K per contract. Those who took profits, I hope you reopened long positions. The next extreme forecast for gold is April 7.
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by irinawest
A Gold'en Newtonian Sell-Off Porjected By MedianlinesSir Isaac Newton stated the Third Law of Motion in his landmark work, Philosophiæ Naturalis Principia Mathematica (commonly called the Principia), which was first published in 1687. This law appears in Book I, in the section titled Axioms, or Laws of Motion. (Axiom: A self-evident truth) Newton did explicitly present it as an axiom. In fact, it's Axiom III (or Law III) of his three fundamental laws of motion. Here's how he phrased it in the original Latin and in his own English translation: "To every action there is always opposed an equal reaction: or the mutual actions of two bodies upon each other are always equal, and directed to contrary parts." And what does this have to do with Medianlines / pitchforks? This tool measures exactly that: the action — and the potential reaction! Medianline traders know that pitchforks project the most probable direction that a market will follow. And that direction is based on the previous action, which triggered a reaction and thus initiated the path the market has taken so far. …a little reciprocal, isn’t it? ;-) So how does this fit into the chart? The white pitchfork shows the most probable direction. It also outlines the extreme zones — the upper and lower median lines — and in the middle, the centerline, the equilibrium. We see an “undershoot,” meaning a slightly exaggerated sell-off in relation to the lower extreme (the lower median line). And now, as of today, we’re seeing this overreaction mirrored exactly at the upper median line! Question: What happened after the lower “overshoot”? New Question: What do you think will happen now, after the market has overshot the upper median line? 100% guaranteed? Nope! But the probability is extremely high! And that’s all we have when it comes to “predicting” in trading — probabilities. Why? Because we can’t see the future, can we? Gold? Short! Looking forward to constructive comments and input from you all
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by Tr8dingN3rd
2
Be the Choosy trader on Gold!Price is dragging on dropping. being very indecisive. Looks like the entire market is waiting on News to help give it a push. I need to see price break out of value before I can get a read on a sold move. in the mean time this is sclaping conditions. You can hold trades. Have to cut them short quick with this price action. Since we have some USD news tomorrow that indicates that the market might be waiting for that before proceeding on any decisions. Patience is key!
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by DWoodz
8
Tesla es Mini Gold oil3.24. 25 in this video it looks like the Market's going up on the ES and Tesla. the oil Market has only traded a little bit lower than its recent High and it's not clear if the Market's going to make another move to a new high or if it's going to go a little bit lower and you can see that in the bars which are very narrow in their range and this looks different from when the market was actually actively going higher until it went to the end of the ABCD pattern which is a reversal pattern. Because the gold went to the end of the ABCD patterns going higher I am concerned that the Market's going to make a significant correction lower.... but I would be prepared for retest and minor Moves In the goal going higher and lower and that's what I tried to show to you in the video and I'm sorry that my presentation was so scattered and probably not easy to follow. the way you trade a market has to do with the kind of Trader you are... do you scalp a market or do you trade for longer trades. you could have made a few trades in gold and you could have made nice returns if several $1000 trades are suitable for you... and you could have traded as a buyer and a seller if you recognize the reversals.... but that is not an easy way to live. you could do it with discretion and not take every trade and if that works you may not need to take antacids and ulcer medication.... most people are not geared to that kind of trading and probably have a very low chance of being profitable. I am not a stop and reverse Trader.... but I show the patterns because I believe markets trade to the buyers and the sellers and that it is evident on a chart. if you don't care to be a stop and reverse Trader it is still to your advantage to know how markets trade and retest. to my thinking it's much better to at least know what it looks like as opposed to staring at your chart and having no real point of view other than the fact that you're not quite sure what the Market's going to do and all you can think about is losing money..... and even worse stay in a good trade too long and give all the money back because you don't know when to get out of a good trade. when you learn how to trade you still have to deal with the reversals in the market it's never going to stop... the need that you have to evaluate the price action that can work against you. my personal belief is that it's not easy to trade, I personally don't enjoy Trading but I don't mind making money if I do trade. my mission is to show you the trade location and the direction of the market. and the stop and a little Target without hitting the stop first... and if you can do that then the market should trade in your favor for at least a while and if it gets to that initial Target you have a reasonable reward and if it continues going in a Direction that could take some of your gains back.... but you haven't lost money yet.... that's okay..... it's still better than getting into markets and immediately losing money because you're not reading the market and you don't have a reasonable plan. I am sorry for my delivery during the videos... it's not intentional... and if it gets worse I'm going to have to stop. a fully intend to trade at this point Until evidence shows that I'm not trading well. I will go with the flow it's been fun.
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by ScottBogatin