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Goldfuturessignals

GOLD Futures Positional Long Idea#GOLD Futures Postional Long Idea Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
MCX:GOLD1!Long
by sbkurandwad77
Gold Futures Short Swing Trade GC1!Gold sitting at the top of the Descending Channel presents a great short opportunity . I have marked all the levels going down to the bottom of the channel which were determined using Fib Pull from last swing high . Above us I have marked areas of resistance and it remains to be seen if we see a change in market structure but until then i favour a short setup . Also when looking at the DXY index i think we will see a recovery in the USD to around 91.3 which will put Gold back under pressure and thus keep gold inside of the descending channel . 1790 will be a tough level to break down IMO as the 100EMA and 200EMA sit here this would also make a good TP1 This setup has a simple invalidation as detailed in the chart but of course set your own levels pertaining to the percentage risk you are happy to use . Please support my Analysis with a Like and Follow
COMEX:GC1!Short
by SJTRADESFUTURES
2
Gold Future, is it trying to break the max price level !!!Hello traders, The Gold Future is still increasing. GC takes each time an upward trend to reach a level (A, B, C, D) and after each one GC consolidates that level by a light decreasing trend or a trading range. Currently, after consolidating level D, GC will try to reach the level price of 1827. If there were important volumes of buyers we will record a new maximum price for GC, it will break that resistance of 1827. However, if GC wasn’t taken by buyers, we could see a rebound on resistance and a decreasing trend. It’s the most probable scenario. In that case, we should wait the break of the upward trend, it will give a clear idea about the new trend. Thanks for reading this GC’s analysis. I hope it helps you in your trades.
COMEX:GC1!Short
by oualidskh
2
Gold future evolving in a trading range Gold Future is evolving inside a trading range. For intraday trading, we have now signals of buying; we talk here about the higher volume and the wick of the candle that assure an increasing trend. The GC will try to reach the Resistance R0, after breaking the VWAP. If we have high volume we could expect a break of that resistance, which means a new increasing trend. If it couldn’t, it will continue to play inside that trading range. The advice is to buy now and sell at the first red volume and candle (For a safe trade), or wait itto reach that resistance R0.
COMEX:GC1!Short
by oualidskh