Skip to content
GET STARTED
Loading...
✨ Become a Member and get full access!
Commodities

Gold – Daily Update

•
Daily Gold Open Articles Public
984

Gold continues to navigate a pivotal zone, with recent moves offering mixed signals across key timeframes. In today’s daily update, we examine the latest candlestick formations, momentum shifts, and wave structures that could shape the next directional move.

CANDLES

Gold formed a Bearish Engulfing on the daily frame today. The signal is concerning, especially after an Advance Block, as we are getting closer to the end of week which is unconfirmed bearish. If the daily is confirmed tomorrow together with a larger momentum shift, we will take it to the next level.

If bears confirm the move tomorrow, it could mark the beginning of wave 3 in the red count. Caution is warranted.

Happy Trading!

Daily Gold Open Articles Public
984
Read Next
Global
Volatility – Weekly Analysis
No surprises by the Volatility Index since the previous analysis. In this weekly VIX analysis, we review how volatility closed across the major time frames, what the latest candle and momentum signals suggest beneath the surface, and why VIX may become a key early warning tool before equities choose their next decisive direction. If pressure […]
US Indices
SP500 – Daily Analysis
Today, the S&P 500 moved higher, but the key question is whether this was only a bounce — or the early stage of a more meaningful trend change. In today’s technical analysis, we look past the headlines and focus on the signals that matter most now: candle structure, momentum shifts, Elliott Wave paths, and the […]
Commodities
Oil – Daily Analysis
Today’s report focuses on the technical structure behind the move — the newest candle signals, the strength or weakness beneath the bounce, and the paths that could define oil’s next decisive move. The key question is whether oil is preparing to confirm a local bottom, resume the mid-term breakdown after a temporary pause, or trigger […]