1st Trade closed out Bears couldn't commit also Bulls momentum came in a little powerful signaling me price may want to fill in some more inefficiencies before possibly selling off later on down the line.
Took 2 trades on gold Post CPI numbers release one stop out and re-entry 90 pips into (Sell side Liquidity)
The Same Setup From Pre New York Continuations Into More (SSL) & Inefficiency For New York Opening Momentum
Inflation was only keenly felt, especially after the pandemic in April 2021, when the CPI broke above 2% to 4.15%, and then quickly soared to a high of 9% in June 2022. However, gold has been signaling impending inflation since the year 2000, which was 24 years ago. Currently, gold is also indicating further upside potential over the long term. What will be the...
Gold Longs Pre/New York Open - Gold Runs into (All Time Highs)
Gold Longs (S&P PMI) 9:45Am (ISM-PMI) 10Am - Price respects that low after displacement. Respects (CE) of the whole move. Respect the Inefficiencies in the new (PD Array). Textbook
Noticed Gold Offered No (Sell Side) All Day Price has just been Sneaking Up. Coming Into Pre New York I Anticipated Price To At Least Offer Sellers Something Throughout That (PD Array). I Took That Entry And Targeted Minor (SSL) & 1st Fair Value Gap
1st Trade closed manually due to price retesting back above the 50%(CE) also tapping into 1 Min (Fair Value). 2nd Trade Re-Entry Filled (TP)
Futures Account today - Gold Longs/Success _ NQ Longs/Struggling
Gold Futures Sells Taking Minor (Sell Side Liquidity) Tapping Into Prominent (Fair Value).
In this video I go over my reasoning for shorting gold futures. COMEX_MINI:MGC1! COMEX:GC1! due to technical and fundamental factors that can influence the price of gold TVC:GOLD In a negative way. Hope you enjoy and stay tuned for more! :)
Here is a classic set it and forget it trade for any sideways market. Just remember to take a small risk and only trade this strategy in a sideways market. I have this entire strategy written out with step by step instructions. Click the link in my profile and I will send it to you. Enjoy! Chris Juliano TrendCloud Trading
Whenever you see Gold in a sideways pattern its always best to use this winning strategy. TrendCloud can be use specifically as a tool to trade any sideways pattern. If you want the full details and free mini course on how to trade gold then click the link in my profile for immediate access. Use this strategy this month and let me know how it worked for you.
2.6.24 I started the video cleaning up some issues on oil which I believe is going higher. This video is about the dollar which I think will trade lower but I'm not sure how much lower, and this market has an opening price trade suggesting it We'll go lower. After some discussion on that I went to the gold chart and I framed it for you... the details are...
Gold is in the middle of a range. Not a good place to enter a trade! Let the market unfold on Monday. Let it tip its hand, then make your move. Look for FVGs to form as price breaks the range. This is the signal to prepare to enter this market. Please leave a like and a comment. I respond to all of my viewers feedback. Thank you. May profits be upon you.
The metal season is about to start. All points and levels are explained in the video. Thank you
If you ask anyone on the street, 'Do you think living expenses and food prices will be higher in a year or two from now?' 9 out of 10 will likely say 'Yes.' This means inflation is still a concern. Risk 1, U-turn in inflation. Risk 2, An expansion in geopolitical tension Risk 3, A delayed recession in 2024 Comex Gold Futures & Options Its Minimum...