Gold - ONE44 Analytics

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Gold

A collection of 14 posts

Gold goes 61.8% (2706.50) to 61.8% (2610.00), Now What?

Gold goes 61.8% (2706.50) to 61.8% (2610.00), Now What?

Gold December/February (GCZ24) (GCG25) The charts below are key to this analysis. The reason we mention this is because of the ONE44 61.8% rule. This is the short version, Whenever the market holds 61.8% of a move, look for it to go 61.8% of where it

Gold Analysis with Fibonacci & W.D. Gann

Gold Analysis with Fibonacci & W.D. Gann

ONE44 Analytics will be doing some free analysis in Gold, Crude Oil and Equites on a rotating basis for now until we work some things out. You can sign up to get these updates in the post below. Some of them will also be posted here and Barchart.com. Gold

law of vibration

Gold & Crude Oil

W.D. Gann Law of vibration charts ONE44 Analytics where the analysis is concise and to the point The Charts below are natural support and resistance levels that are based on W.D.Gann's "Law of Vibration". Mr Gann viewed stocks as live electrons, atoms, and

law of vibration

Crude Oil /Gold Update

CLJ21 This week's high of 63.81 fell just short of the 64.00 long term target, this is a major Gann square and 78.6% back to the 10/1/18 high. The first place to look for support on a break from this area is 57.

Gold Update

Crude Oil and Gold Update

CLG21 The 49.59 major Gann square is the short term swing point, this is also 23.6% back to the 11/2/20 low, above it continue to look for the target area of 55.98 to 57.50. The first is a major Gann square and the second

Gold

GCG21 The move above the 1895.00 long term swing point fell short of 61.8% at 1972.00, however it did trade through that same retracement on the Nearby chart, this level was 1950.00. Using the 61.8% rule, we should look for a move back to 61.

Gold Update

GCG21 Gold has now spent two weeks up against 38.2% of the move back to the ATH, this is 1895.00. This is the long term swing point. A break from here should send it down to test the low and then the long term target of 1700.00.

Gold & Crude Oil

CLZ20 Oil continues to trade between the major levels of 37.00 and 41.50. Until they can either get a couple close's above 42.00, or below 37.00 the choppy trade should continue. Once above 42.00 the target is 51.00 and below 37.00

GCZ20

The rally from the first target area of 1850.00 to 1836.00 failed to get up to 38.2% of the break from the all-time high (1940.00). Like Crude Oil, the two key areas of 1950.00 to 1940.00 could be the trading range for the next

GCZ20 Update

Gold held the critical area of 1850.00 to 1836.00. This area is 23.6% back to the 2015 low (1845.00), 38.2% back to the 3/16/20 low (1850.00), 61.8% back to the 6/5/20 low (1845.00) and a major Gann square

GOLD & OIL UPDATE

GCZ20 Gold continues to trade in a big wedge between 2000.00 and 1900.00. You can use 1940.00 as the swing point for the day. The first major level of importance below is 23.6% back to the 2015 low, this is 1860.00, the long term swing

GOLD/ U.S. Dollar

GCZ20 The Gold traded well below the 1940.00 swing point, but never closed below it. This rally should take them to new highs to remain very positive, if no new high happens, or a slightly higher high (2100.00 major Gann square) and then right back below previous high

Gold and the U.S. Dollar

I am not calling for a top in Gold, but I want you to be aware of what is also going on in the US Dollar that can cause at a minimum a very good setback. Gold and the Dollar have been mirroring each other in opposite directions since March