The Bollinger Bands are indicating an oversold condition. An oversold reading occurs when the close is nearer to the bottom band than the top band. Volatility appears to be declining, as evidenced by a decreasing distance between the upper and lower bands over the last few bars. The market appears oversold, but may continue to become more oversold before reversing.

Look for some price strength before taking any bullish positions based on this indicator. In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average.

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average. Additional Analysis - Short Term: The market is EXTREMELY BEARISH.

Everything in this indicator is pointing to lower prices: Conventional Interpretation - Long Term: Additional Analysis - Long Term: The SlowK line crossed above the SlowD line; this indicates a buy signal. The stochastic is in oversold territory SlowK is at 4.

Gold Futures Prices / Gold Quotes : COMEX

The long term trend is DOWN. The short term trend is DOWN. Don't be fooled looking for a bottom here because of this indicator.

Futures & Options Trading for Risk Management - CME Group

The stochastic indicator is only good at picking bottoms in a Bull Market in which we are not. Exit short positions only if some other indicator tells you to.

The stochastic is in oversold territory SlowK is at 3. The swing index has crossed zero, identifying this bar as a short term pivot point. The long term market trend, based on a 45 bar moving average, is DOWN. The short term market trend, based on a 5 bar moving average, is DOWN.

Volume is trending lower. In general this is bearish. RSI is in neutral territory. RSI is at This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.

Futures Trading: How To Trade with Discount Commodities Brokers

RSI is somewhat oversold RSI is at However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence here before getting too bullish here. ADX measures the strength of the prevailing trend. A rising ADX indicates a strong underlying trend while a falling ADX suggests a weakening trend which is subject to reversal. Currently the ADX is falling.

The long term trend, based on a 45 bar moving average, is down. A falling ADX indicates that the current trend is weakening and may possibly reverse. Look for a choppy market ahead. This short position should be covered when the CCI crosses back into the neutral center region.

CCI often misses the early part of a new move because of the large amount of time spent out of the market in the neutral region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this.

Given this interpretation,CCI Begin looking for an attractive point to cover short positions and return to the sidelines. MACD is in bearish territory, but has not issued a signal here. MACD generates a signal when the FastMA crosses above or below the SlowMA. The long term trend, based on a 45 bar moving average, is DOWN.

The short term trend, based on a 9 bar moving average, is DOWN. MACD is in bearish territory. Momentum is indicating an oversold market and appears to be slowing, suggesting some strength. A modest upturn is possible here.

Open Interest is in a downtrend based on a 9 bar moving average. While this is normal following delivery of nearer term contracts, be cautious. Decreasing open interest indicates lower liquidity. Rate of Change Rate of Change is indicating an oversold market and appears to be slowing, suggesting some strength. This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.

See TradingCharts' Privacy Statement. Gold Futures Charts Contract month: Intraday Daily Weekly Continuous Monthly Continuous Historical.

Bar chart Candlestick Bar no indicators Java Advanced chart Dynamic intraday chart.

News Specifications Analysis Sentiment survey. Daily Commodity Futures Price Chart: Binary Options Articles TFC Commodity Forum Learn to Trade Futures Commodity Brokers Directory Contract Specifications.

HOME COMMODITY CHARTS COMMODITY QUOTES MY MENU FUTURES NEWS PREMIUM FEATURES FOREX CHARTS FOREX QUOTES STOCKS.

Intraday Daily Weekly Continuous Monthly Continuous Historical Chart format: Bar chart Candlestick Bar no indicators Java Advanced chart Dynamic intraday chart Market insight: Markets at a Glance Advanced Analytical Charts Dynamic Intraday Charts Spread Charts Download EOD Data Email Price Alerts.

Open outcry trading is conducted from 8: Sundays, the session begins at 7: All times are New York time.

Gold (Globex) Futures Prices / Gold (Globex) Quotes : COMEX

Mov Avg 3 lines Indicator: For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average Conventional Interpretation - Short Term: Price is below the moving average so the trend is down. Market trend is DOWN.

Stochastic - Fast Indicator: Stochastic - Slow Indicator: Volatility is in a downtrend based on a 9 bar moving average.

No indications for volume. Comm Channel Index Indicator: DMI is in bearish territory. Rate of change Indicator: Resources for Traders Binary Options Articles TFC Commodity Forum Learn to Trade Futures Commodity Brokers Directory Contract Specifications. Market data is delayed at least 10 minutes. Access to this website and use of this market data is subject to the following: It is also a condition of access to this website that you agree to not copy, disseminate, capture, reverse engineer or otherwise use information provided on this site for any other purpose except for the direct display in Internet browser of the end user only, and only in the format provided.