MGCM2025 If you observe carefully, the moves made on Gold Futures are inversely correlated with the Dow (US30). It's amazing to watch. Just noticed it this week.Gold Futures (Feb 2016) forum
MGCM2025 If you observe carefully, the moves made on Gold Futures are inversely correlated with the Dow (US30). It's amazing to watch. Just noticed it this week.
MGC1! is it me or has gold been freaking HARD this week ?!
GC1! Intraday Strategy for Gold Spot (XAU/USD):Gold spot recently formed a new low around the $3207.90 per ounce level. Following some profit-taking, it rebounded and reached a high near the $3265.45 per ounce range during the morning European sessions today.
My Intraday View:
Consider selling around the 3265–3270 zone.
Set a stop-loss at 3295.
Watch for the following downside targets:
Target 1: 3235
Target 2: 3220
Target 3: 3200
Aim for Target 1 before the U.S. market opens today, then let the rest of the position ride if momentum continues.
GOLD1! MCX....See gold high 93488 range today.....
wait 94500 again book profit and 92500 june gold today.....in next few hours....
MGC1! So price dumped today and did a retouch of the 3280 zone for the 3rd time. I can see a possible retest of 3200 before price continues towards our Wave C target.However, price was accumulating in this closing range today, which could indicate a break of 3280 targeting the gap at 3330-3300. If that happens, we will likely retest 3362 level and if price breaks through that level we could see the move towards ATH happening.
The second scenario is becoming less likely since we are currently seeing SPY and QQQ turning bullish once again, which could trigger a long sideways or downward consolidation for gold.
GOLD1! MCX....Gold June....All TGT today.....
96740 to 94090 today.....
+31lakh per 10lot 2days STBT sell call gold and silver profit after market open huge gap Down...
wait 93000 again 96000 today....
GC1! 3347 to 3259.07 range xauusd gold spot today...see fridays stbt sell call....
MGC1! This is something that I've been watching for. volume peaks are followed by consolidation, and in this bull run this is the biggest peak yet, which could signal the ending of the bull run for gold. The high volume could indicate distribution/outlfow as early investors are now getting out of their positions. We trade day by day, but even though we still have scenarios that could go towards ATH, we gotta manage the risk accordingly
GC1! sharp drop or again rise75 USD Gold spot XAUUSD movement today....
wait 3250 again or book profit and again 3400....Gold spot XAUUSD.....today.....
Operator start works....
Major movement gold and silver.....in next few hours....
2000 points Gold and
4000 points Silver.....movement today....in next few hours....
Major movement gold and silver.....in next few hours....
2000 points Gold and
4000 points Silver.....movement today....in next few hours....