Unlike yesterday’s double-digit gain in gold prices, today we see gold once again consolidating as it did on Tuesday.
Gold futures basis the most active February 2023 contract opened in New York at $1783.30 and traded to a high of $1803.20 just above its 200-day moving average which is currently fixed at $1800.70.
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), GLD, Silver Futures (SI), XAGUSD, and SLV.
SMS feature is available in 150+ countries
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:
Buy June Gold (GC M21) at the market (current 1744). Place stop at 1704.
Gary S. WagnerCEO & executive producer
Joseph M. Wagner IIEditor & technical analyst
Konrad UrbanowiczCTO / trader
Beata SzczeblowskaSales / tier 1 support
WAGNER 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.
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
Paid subscription features
Below sections of the website are available only to paid subscribers and are not part of our free newsletter
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.
Buy and Sell signals with stops, sent via e-mail, text message (SMS), and posted to private Twitter.
Defines current active trade and stop placement suggestion.
Tells subscribers where we think prices will go over the short and interim term.
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.
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.