Tag: vpa gold futures

This video focuses on the recent price action of gold futures on the daily chart, in particular, the volatility that sent the precious metal plummeting. However, volume price analysis reveals the truth behind the price action and the trap move created by market makers and insiders. 00:21 Introduction to gold futures and time frames 00:21 The speaker introduces the Ninja Trader platform and mentions that there is about an hour to an hour and a half left in the trading session. They plan to analyze the GC contract, which represents gold futures, across six different time frames ranging from 15 seconds to daily. The speaker notes that typically, the focus is on intraday charts for indices during these sessions. 00:53 Focus on daily chart and the importance of volatility 00:53 The speaker discusses focusing on the daily chart for gold rather than faster time frames to better understand market dynamics. They explain that the daily chart provides a classic example of entrapment. It reveals how volatility across time...