Gold futures basis the most active June 2021 Comex contract is currently fixed at $1756.50 after factoring in today’s strong gains of $14.90 (+0.86%).
Recent Reports
Gold and silver both traded fractionally lower today after scoring dynamic price advances over the last two weeks. Today’s nominal declines resulted from a combination of minor dollar strength, an uptick in yields on the 10-year U.S.
Trade Alerts
With our timely trade alerts sent via e-mail and text message (SMS), you won't miss an opportunity to make a trade. Moreover, these alerts will eliminate having to constantly monitor the markets and your trades.
We offer Trade Alerts for Gold Futures (GC), XAUUSD (forex), Silver Futures (SI), XAGUSD.
SMS feature is available in 150+ countries
Money Managment
Money management is an essential component of a successful trading strategy. We use stops to define risk, and maximize profits.
- Stops limit loss exposure to a redefined amount & lock in profits by trailing them tighter when a trade moves favorably
- Defines risk and reward, thereby removing any emotional influences.
Example trade alert sequence:
07/30/24, 03:42 PM UTC: GCZ4 December Gold - buy at market (current price 2429). Place GTC stop @ 2418.
07/30/24, 06:04 PM UTC: GCZ4 raise GTC stop to 2434.
07/31/24, 02:06 PM UTC: GCZ4 place GTC sell limit (take profit) @ 2491. Raise GTC stop to 2453.
07/31/24, 07:22 PM UTC: GCZ4 raise GTC stop to 2468.
07/31/24, 07:38 PM UTC: GCZ4 limit order sell (take profit) filled at 2491. Trade summary: In @ 2429, out @ 2491 for a profit of $6200 per COMEX contract.
Endorsements of Confidence
Gary is one of the most skilled technicians I have met during my time covering the markets. Dedicated, reputable and skilled…
Editor-in-Chief, Kitco News
Our Team
AMERICAN
Gary S. Wagner
CEO & executive producer
Joseph M. Wagner II
Editor & technical analyst
EUROPEAN
Konrad Urbanowicz
CTO / trader
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Sales / tier 1 supportWAGNER FINANCIAL GROUP IS THE PRODUCER OF THE GOLD FORECAST.
Based in Honolulu, Hawaii, our company is comprised of a dedicated group of trading, technology, and finance professionals who apply their experience, teamwork and innovation towards a common goal - helping traders succeed.
About our
Trading System
The system that we use for trade recommendations is a hybrid method in which we combine fundamental data with three primary technical studies. We look at fundamental data for the "big" picture, which we weave into our technical studies. These studies help us identify key pivot points. They also provide us with the timing for entrance and exits of trades, as well as stop placements.
The three technical methods we combine are Japanese Candlesticks, Elliot wave theory and Fibonacci retracement.
More about trading system
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DAILY VIDEO
A 5-10 minute technical analysis presented by Gary Wagner published around 5 PM EST. Includes studies incorporating Elliot wave models, Fibonacci retracement and candlestick patterns.
TRADE ALERTS
Buy and Sell signals with stops, sent via e-mail, text message (SMS), and posted to private Twitter.
PROPER ACTION
Defines current active trade and stop placement suggestion.
MARKET FORECAST
Tells subscribers where we think prices will go over the short and interim term.
CHART GALLERY
HD images of our most current charts. These charts include all of the technical studies used to create the show and other current models and studies.
BITCOIN ANALYSIS
Briefings about Bitcoin futures, pertaining to the cash settled, 5-coin contracts offered by the CME, (BTC). Joseph Wagner goes over the recent technical data behind the first and largest CFTC regulated Bitcoin exchange.