The Power of RSI: Bullish and Bearish DivergencesGuys, on the chart, price moves down while RSI moves up.
That’s called a “bullish divergence” — price is falling but the indicator shows recovery.
It usually means the downtrend is losing strength.
On the other hand, if price moves up while RSI moves down, that’s a “bearish divergence.”
It
Compare with Gold Futures (Apr 2019)
Contract highlights
High Yields And A Strong USD Continue To Pressure GOLDIn this Weekly Market Forecast, we will analyze Gold for the week of Sep 28 - Oct 2nd.
Gold is currently facing a short-term bearish bias due to surging U.S. Treasury yields, a stronger U.S. dollar, and hawkish Federal Reserve rate expectations.
Markets are watching upcoming reports like JOLTS job
Gold Futures: Deeper into the Target ZoneGold futures have recently moved deeper into our green Target Zone ($4,261–$4,046), approaching the 78.60% retracement. In our primary scenario, we expect a low within this price range. Subsequently, we anticipate rallies above the resistance at $4,917, where we project a significant corrective high
From Asia to London: Session Transitions TrainingGuys, in forex and gold markets there are three main sessions:
The Asian session often sets the initial bias of the day.
The London session increases volume and makes breakouts clearer.
The New York session usually brings the highest volatility.
During session transitions, price movements c
GOLD UPDATE: The Bears Dominate Monday Selloff!This is an update to the Sunday analysis posted yesterday, Sept 27th.
Gold prices faced an aggressive sell-off today because rising U.S. Treasury yields and a strengthening U.S. dollar significantly increased the opportunity cost of holding the non-yielding precious metal.
Enjoy!
May profits be up
Gold (GC) Analysis, Key-Zones, Setup for Fri (Oct 2)Bias: The December gold contract settled Thursday at 4,202.3, up 15.6 points or 0.37 percent, after trading between 4,222.8 and 4,169.4, a 53.4 point daily range. The settle finished 61.6 percent of the way up from the low. Those extremes are the completed-session inputs behind the published pivot
Gold ReversalTo me, the downside directional energy is exhausted and this market is ready to go up or for it to be viable to buy a pullback at support.
At the same time, I doubt it will reach the gap and drop back down.
At least now with this information I maintain a "bullish" outlook that "promises" to have c
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for Gold Futures (Apr 2019) is Apr 26, 2019.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures (Apr 2019) before Apr 26, 2019.









