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Good morning, Daily Direction readers! In today’s edition, we’ll follow the gold futures market (GC) as we actively look for opportunities for smart trades! Both the long-term and short-term directions are up for the GC. With a daily Fibonacci extension of 2114.6, there’s an opportunity for plenty of ticks above the current market. Investors are still …
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Good morning, Daily Direction readers! Today we’re watching gold futures (GC) as the market could be pushing through the short-term down trendline. If/when that happens, we’ll look for opportunities to trade the market. With all of the volatility we’re seeing in the market, keeping to our strategy is of the utmost importance. Investors are watching the latest headlines, …
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Good morning, Daily Direction readers! For today’s edition, we’re watching Gold Futures (GC) for opportunities to make profitable trades. GC is making higher highs and higher lows as it moves within an up channel. We’re waiting for the market to break a counter trendline and push bullish into the buy zone. Once that happens, we’ll look at our …
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Good morning, Daily Direction readers! For today’s edition, we’re watching Gold Futures (GC) for opportunities to make profitable trades as the market moves from the bottom to the top of the up channel. The GC is pushing close to the short-term down trendline, which could send the market back down toward the bottom of the channel. But the …
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Hello, Daily Direction readers! The end of the year is quickly approaching, and that means we only have a few more trading days left in 2021. Right now, we’re watching gold futures (GC) as the market has bounced from the bottom of the channel and is headed back up toward a new high price! We’re actively …
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The Gold futures markets are an important part of any futures traders portfolio. At Traders Agency gold futures is an important asset to invest in when trading, We teach to follow the pattern understanding proper risk managment. In 1974 the very first gold futures contract was traded via the COMEX in New york and since then it has grown in substantual popularity.
Gold futures are offered in 100 ounces, 33.2 ounces and 10 ounces, and are an alternative to bullion coins and mining stocks.
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Preparing for a Bullish Break in Gold Futures
Good morning, Daily Direction readers! Today, we’re looking at the Gold Futures (GC) market, as it could be setting up nicely for a bullish U-turn on the daily timeframe. First, however, let’s recap where GC is on a longer-term timeframe… On the monthly timeframe chart, GC is in an uptrend and is making higher highs …
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