Gold - Probable Short TradeWith Bearish COT Reports AND Weekly momentum down - Gold can be a short between 2030 to 2050 with a stop- of 2091 and a target of 1830-1875. My only concern is positive Daily Momentum. So strictly Stoploss Please
Gc1
GC1! GOLD futuresBULLISH TREND higher chance can be excepted, after sideway market.
if 100 moving average and Fibonacci level breaks, better stay away from BULL side.
Gold - Longs Be Careful!!!Gold entering resistance zone PLUS COT reports Started Turning bearish, ALTHOUGH Just a bit. Read Commentary on Chart
GC1 LONG "GOLD"gold is in a correction area
when he break the correction pattern we can buy .. target the last high
Gold! Let it Pause and Turn.COT Data for Gold is looking Weak. Upmove is on low volumes. Wait till it pauses and turn down. Commentary on Chart
GOLD! Start Tightening your StopsGold needs caution now. Commentary On Chart.p>Lease tighten your stops NOW.
Gold Futures in Long LevelsAll Levels mentioned on Chart
your part is to manage risks wisely
as you are responsible for your understandings
Gold Futures Long Logic
A Clear sign of breakout towards retracement
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
At Last, do your own analysis, before trading your money!
gold future (gc) near the channel supportgc will be weak if breaks down the channel support 1788-87
and will have strength above 1795-1800
so wait patiently for either levels to break for clear direction
Gann Roadmap for Gold. Showing Strength on ChartGold is being traded around its support levels and consolidating. Its ready to resume its uptrend soon and may start trading upwards.
Buy Gold strictly above 48170 with SL 47975. Targets open as per your apatite.
4 Digit Gann's roadmap for Gold for swing trading is:
4796(0) 4831(0) 4866(0) 4901(0) 4936(0) 4971(0) 5006(0) 5041(0)
5 Digit Gann's roadmap for Gold for swing trading is:
47961 48072 48182 48292 48402
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Short Gold !!! 😯😨As we can see a falling volume and prices are going up, which indicate a weakness.
So lets go short On Gold , Gold will have a correction upto 16%.
We also see a SZ nearby.
Entry 1937
SL 1966
T 1612
Gold - Stretched and ExtendedExpect a Healthy Retarcement in Gold,
ONLY WHEN Daily momentum turns Bearish
Gold to Fall AgainI am expecting Gold to continue falling after the steep correction.
However expect a bounce OR reversal from T-2 Zone
GoldCommercials are Bullish but still no sign of Buying.
i will Keep a watch on 1100 Level and see if buying interest generates around that level.
Gold - Conflicting SignalsBullish COT. Diverging but still Weak Momentum trying to turn positive.
The green technical area barely trying to hold itself.
SILVER (posted) looking much stronger.
Huge selling behind the present down move.
With these conflicting, confusing and diverging signals, perhaps Silver will provide a much clearer future direction for precious Metals Complex.
If interested in trading Gold, keep a closer watch on silver as to their clearer direction
Gold Long Or Short ???The Critical Price Zone support holding till now.
But the price action is not very encouraging for LONGS.
Start thinking about going LONG Gold, only when it trades above 1200 Level DECISIVELY.
BUT IN THAT CASE DO WITH VERY STRICT STOP LOSS as there is still very large selling in the background.
Gold at Crucial LevelWith Positive Divergences and Buying by Commercials (Last weeks data, this weeks awaited), I am Expecting the Current Price Area to Hold and Arrest The Downtrend. If that happens, I had Given The Upward Projection Target.
But if the current zone does not hold and give up, i have given the further Support Areas (H&S targets).
But that will invalidate the upward Target for the time being.
Looking at the Indicators, the Present Zone Should Hold.
Lets Watch Closely...
