GOLD WEEKLY OUTLOOKGold has completed a head and shoulders top on the daily chart, with four breaks of structure since the September high near $4,750. Sellers are firmly in control. 📍 POI : $4,120–4,220, where gold and silver have stopped moving together 🎯 Target : $3,955, the July lows and resting liquidity ⏳ Timeframe : 2–3 weeks ❌ View changes on a daily close above $4,220 The macro backdrop agrees. Oil near $100 is keeping rate-hike expectations alive, yields are near 5%, and speculators have cut their

Micro Gold Futures (Dec 2026)

Gold 1H: Five waves down and the ABC band above priceWhat's on the chart. An impulse down on gold futures, 1 hour, from the Oct 13 high to the Oct 23 low. Wave 2 retraced 0.97 of wave 1, about as deep as the rules allow, without passing its start. Wave 3 is the longest leg, 1.69 times wave 1. Wave 4 retraced 0.22 of wave 3 and stayed well clear of wave 1's low, so there is no overlap. Wave 5 is short, under half of wave 1, and came almost entirely in one hourly bar. Counting from the higher Oct 12 high instead makes wave 2 a 0.85 retracement and

GOLD FUTURE 28 OCT 2026Here is the English translation for your analysis and strategy: 🎯 Key Support & Resistance Levels (0 DTE Options Walls & SMC Structure) Major Resistance / Call Wall: 4,100.0 (Call Vol Spike of 341 contracts / Major BSL Magnet) Minor Resistance (SPZ): 4,080.0 (Asia High / Minor Pullback Supply Zone) Major Flip Support (Dynamic DMZ): 4,050.0 (Put OI 122 / Put Vol 174 / Previous Resistance Pierced Last Night) Major Support / Put Wall: 4,035.0 (Massive Put OI Concentration of 359 contracts) 💧

Gold: Bearish, Heading To The Swing LowIn this Weekly Market Forecast, we will analyze Gold for the week of Oct 26-30th. Gold is leaning bearish to start the week as it trades below the key $4,000-per-ounce threshold (around $4,002.70). Market direction this week heavily hinges on a packed calendar featuring interest rate decisions from the Federal Reserve, Bank of Canada, European Central Bank, and Bank of Japan, alongside U.S. Q3 GDP, PCE inflation, and employment data. Enjoy! May profits be upon you. Leave any questions or com

Micro Gold into the October FOMCA short-horizon event trade for the October 27–28 Federal Reserve decision COMEX_MINI:MGC1! FOMC Rate Path The Federal Reserve meets October 27–28. CME FedWatch prices a 90% probability that the target range stays at 3.75–4.00% and only a 10% probability of a 25 bp hike. No easing is priced. Looking through year-end, the same tool shows roughly a 69% probability that the range will be 4.00–4.25% after the December meeting, with a small residual chance of two hikes. In short, the market

All precious metal attractors are much lowerAll attractors/repulsors are much lower. GC: SI: PL: HG: ________________________________________________________ The last ML for Gold is so far away I can't even fit it on the chart. We're talking from 2008 to today: The TL starting at P1 connects with current prices: It hits the absolute top of this market. So, as things stand, the closest attractor, the most likely line is this one: Let's say around 3600 for Gold. I need a movie theater screen to fit the whole thing

Why Losses Hurt More Than ProfitsThe worst trading decisions don't happen when a position moves against you. They happen in the seconds after it does. Behavioral research has repeatedly measured the pain of losing against the pleasure of gaining and found a ratio that has held across decades of research. Losing $500 feels roughly twice as painful as making $500 feels good. Every trading mistake that follows from that asymmetry: the widened stop, the revenge trade, the position held months past its close, traces back to that si

When I start buying goldGold is still falling and close to the $4,000 level. Much of the recent weakness can be attributed to higher US real yields as proxied by the US 10-year Treasury yield less expected inflation. I don’t see much reason to build a gold position as long as real yields continue to rise. But the setup could become much more attractive once real yields start to decline and gold hits a technically significant level. I’ll be watching real yields closely as gold approaches that $4,000-$3,700 zone. A p

Back to GTL track COMEX_MINI:MGC1! $3,990 – $4,000 (Psychological handle) $3,920 – $3,950 (Prior breakout base) current price below 200-day MA 4520 MACD for W chart : below zero level with red histrogram RSI 5 < RSI 21 showing weakness in W chart Are you buying for accumulation or pure trade ? If the earlier , would you rather buy at this 'half-way' dip ? or wait for the sell-off ease ? News are channeling and feeding messages around inflation data, Dec interest rate hike. With risk-free tr

GOLD Is Leaking Lower Under The -FVG Towards Relative Equal LowsThis is an update to the Weekly Forecast posted Saturday, Sept 17th. Gold prices are bearish to start the week. There is no reason to look for buys at this point. Price is trading below the well test -FVG, and moving away toward sell side liquidity. I am looking for sells until I see a bullish shift in the market. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurat

Gold - Is Gold about to break down further?Gold is showing clear signs of weakness on the daily timeframe, with the market continuing to print lower highs and lower lows. After reaching a peak above $5,600, price has gradually declined as sellers have maintained control over the market structure. The recent recovery toward the $4,700 area failed to establish a new higher high, reinforcing the bearish outlook. Gold is now trading around $4,070, approaching an important support zone that has previously attracted buyers. The key question is

A Breakout Of The Consolidation Is Coming! Bullish Or Bearish?In this Weekly Market Forecast, we will analyze Gold for the week of Oct 12-16th. Gold has been in an accumulation stage for over two weeks. It is currently trading in the bottom half of a Inversion FVG and a Daily -FVG. It saw a a bit of recovery late last week, only to see move stall out Friday. With the USD finding elevated treasury yields and a hawkish Fed, the potential gains are seemingly capped in the near term. Enjoy! May profits be upon you. Leave any questions or comments in the

Wave II vs. Wave IV — Understanding the Principle of AlternationGold Weekly Reading time: ~3 minutes In the Elliott Wave Principle, understanding market structure goes beyond counting five motive waves and three corrective waves. The relationships between waves, their degree, duration, and structural characteristics can also help us interpret the market cycle. In this weekly Gold chart, I’m examining one particularly useful concept: the guideline of alternation between Waves II and IV. Wave II — Regular Flat In my current wave count, Wave II is interpre

Gold Back to 5,000Hello I am @thecafetrader, today we are looking at gold. Due to global conditions and pressures on the dollar, Gold is continuing to be accumulated from various speculators. Here I have drawn a play for gold that I think is attractive coming into the next 3 - 6 months (if no major macro positive news comes between then). In the Short term, I think options look very attractive, even if you were to play both sides. The IV's should be low due to this tight range, come tomorrow I am looking to

GC1! - Why complicate things?Went short Oct 23, there's the stop as of now... sizing is KEY, but not for thee..... not here anyway :-) When you start trading a proven system, you stop worry about the utter nonsense that prevents most traders from winning.... Stop is 4006.00 When stops need to be moved, I'll update here. And yes all of my public posts are delayed for a reason. Ask why or think harder :-)

Gold 1H: Both counts failed, and the lines I marked brokeWhat I posted. Two ideas on this gold 1H chart. On Oct 26, a bullish Special Deep Crab with a reaction band at 4,116-4,146 and its limit at the 1.902 extension of XA (3,954.9). On Oct 28, a five-wave decline from the Oct 13 high, expecting an A-B-C bounce into the 50-61.8% band (4,107.0-4,134.8), with the count invalid one average hourly bar under the wave 5 low (3,971.4). What happened. The bounce topped at 4,097.2 on Oct 28, about 10 points under the 50% line, so neither band was reached.

Chart Study | GOLD FUTURES | Daily Chart | 30 October 2026The chart shows a SELL signal followed by a sustained downward price move. Gold momentum remains bearish, with price trading near 138,600 and approaching the T2 reference level. Chart reference levels: Entry reference: As indicated by the SELL label Stop-loss level: 167,010 Target 1: 146,745 Target 2: 136,612 Target 3: 126,479 These are indicator-generated reference levels for technical analysis, not predictions or guaranteed outcomes. Price may move in either direction, and the setup can

Gold (GC) Analysis, Key-Zones, Setup for Fri (Oct 30)Bias: The December gold contract settled at 4,031.4 on Thursday, down 20.2 or 0.50 percent, its lowest settle since 10/23 and its second consecutive lower settle. The contract traded between 4,081.7 and 4,016.3, a 65.4 point range that printed a lower high and a lower low against Wednesday, and the settle finished in the lower quarter of the range. The decline came even as the dollar index eased to 102.04 from 102.19 and the ten-year yield index fell to 4.99 percent, so gold moved in the same d

Gold neutralI use the daily timeframe for my direction and my 4 H timeframe to make my trading dicisions. Current biad neutral. Further I use a combination of the COT report and TradingView summary. Gold: COT and TradingView (Oct 29, 2026) COT (as of Oct 20) Hedge funds (managed money) hold 120,970 longs against 16,764 shorts, a net long of 104,206. fxempire This is the seventh week of speculative selling. Net length has fallen from a peak near 144,747 on Aug 25. Substack Funds are mainly closing longs

Gold (GC) Analysis, Key-Zones, Setup for Thu (Oct 29)Bias: The December gold contract settled at 4,051.6 on Wednesday, down 23.0 or 0.56 percent, its largest one-day decline since 10/23. The contract traded between 4,097.2 and 4,036.9, a 60.3 point range that printed a higher high and a higher low against Tuesday, its third consecutive higher low, yet the settle finished in the lower quarter of the range. The decline came alongside a softer dollar, with the dollar index at 102.19 from 102.32, while the ten-year yield index rose to 5.05 percent an

DAILY STRATEGY 29 OCT 2026 🐾🎯 Last night, the NY session went big—dropping deep to sweep the SSL at 4,035.0 before aggressively accelerating in an expansion rally up to a Liquidity Clean Sweep at 4,100.0 (Call Wall), followed by a wick rejection into consolidation! This morning, the market is compressing inside the new 4,050 – 4,100 range, with today's playbook structured as follows: 📌 KEY PRICE LEVELS (0 DTE WALLS): 🔴 4,100.0: Major Resistance / Call Wall (Magnet / Upper Major BSL Target — Call Vol 202) ⚫ 4,080.0: