GOLD

The BEGOS acronym letter ‘G’ is for the price of Gold per its futures contract on the COMEX and GLOBEX.

Market Value

When the Gold crosses the valuation line, we expect price to continue in the same direction. But when the price gets too far away from the valuation line we expect the trend may be ending.

Lower panel description: It is the deviation of Oil price from value

1. Gold’s daily closing price from a year to date

2. Gold’s smooth valuation line

Market Trend

These are the Gold’s daily bars for the last three months to-date. The blue dots denote trend consistency. When the blue dots break above -80% line, higher prices are anticipated. When the blue dots break below +80% line, lower price is anticipated.

Market Profile

The Gold’s Profile shows the amount of contract volume traded at every price point for the last two weeks. The longest lines are indicative of price support and resistance. The colored lines represent the most recent trading day with the white bar as the closing price.

Market Magnet

The Gold’s Magnet is the volume-weighted consensus price of the Golds’ Market profile. Similar to Gold’s Market value analysis, when the Gold crosses the Magnet, we expect price to continue in the same direction. But when the price gets too far away from the Magnet, we expect the trend may be ending.

Market Range

The Gold’s Market Range is the expected distance that it will cover the ensuing trading day. This “Expected Daily Trading Range” (EDTR) it gives a rational, acceptable estimate as to how far the market may move.

Market Rhythm

The Gold’s bet Market Rhythm recently to-date is displayed in the Market Rhythm chart. As show in the chart, it is the Gold’s 12 hour MACD. When this rhythm has been positive the Gold’s price is shown in Green and when it has been negative the price is shown in Red.