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GVZ

Moderate Volatility Hints at Stable Gold with Swing PotentialModerate Volatility Signals Range-Bound Trading for Spot Gold with Potential for Future Price Swings The current GVZ level of 16.16 suggests that spot gold is likely to experience moderate price movements in the near term, with no immediate signs of extreme volatility. Traders can expect stable or range-bound trading for the time being, but the slight uptick in GVZ could be a precursor to future volatility. If the GVZ continues to rise, it would indicate growing uncertainty, which could lead to larger price swings in gold. For now, the gold market appears relatively calm, but it’s important to keep an eye on changes in volatility expectations, as these can quickly translate into more dynamic price action for gold.
CBOE:GVZ
by ICHIMOKUontheNILE
Gold (GC) versus Gold Volatiliy (GZV) Monthly AnalysisI took the gold volatility index GVZ and created a simple regression trend from 2008 to present on a monthly chart. I then took the points at which the GVZ spiked above two standard deviations of the trend. These points are the vertical lines on the chart. The vertical lines, or points which had a large spike (all above a reading of 30) on GVZ in most cases indicated a marked trend change in gold. Gold has a cup & handle chart pattern, and has been trending mostly sideways on "the handle". This is a bullish setup. Presently, the GZV reading is 21.05, and Gold (so far) has shown some support around 1940-1950. However, should GZV "spike" above 30, then I would consider the prospect of a major move (could be either direction, as patterns are not sacred). However, in 12/21 and 3/22, there was no significant trend change (i.e., gold stays inside the handle), and I consider that a positive. The breakdown of the handle is around 1618 or prior pivot low. Fortunately, if there is a major spike above 30, there still should be ample time to adjust. Should GZV spike and Gold breaks out above, then you will witness a cup & handle breakout. This is a long term perspective, so if you can't stand the volatility, find another trade.
COMEX:GC1!Long
by UnknownUnicorn13101
3
GOLD Volatility Analysis 21-25 Nov 2022 GOLD Volatility Analysis 21-25 Nov 2022 We can see that currently the implied volatility for this week is around 2.44%, UP from 2.42% last week according to GVZ data (GOLD Volatility Index ) With this in mind, currently from ATR point of view we are located in the 34th percentile, while according to GVZ, we are on 27h percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish: 1.7% movement Bearish: 1.76% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 1792 BOT: 1708 Taking into consideration the previous weekly high/low, currently for this candle there is : 66% probability we are going to touch previous low of 1747(already hit) 30% probability we are going to touch previous high of 1785 Lastly, from the technical analysis point of view, currently 7% of the weekly moving averages are in a bearish trend, and a combination of moving averages and oscillators are in 1% bullish stance
TVC:GOLD
by exlux