My Big Idea to Kick Off this Trading Week

Each and every week, I share what I see as one of my top trade ideas for the futures contacts markets. 

And to invite global comments, I provide the core chart and discussion on my TradingView page right here.

Gold continues to provide trading opportunities both for shorter-term trades as well as for longer-term position trades.

And today, I see gold via futures contract trading (GC) as providing one of my best trade ideas for this week.

 The Gold Futures (GC) Trade Setup

Here’s how the chart is setting up my trade idea for this week for the gold futures contract (GC)…

 Gold Futures Contract (GC) Price and Technical Analysis – Source: TradingView

And here’s how I see the trade setting up for this week’s idea…

The gold futures contract (GC) one hour time frame is in an up trend. The market is in the buy zone making higher highs and higher lows.

Entry: Counter trend line break bullish in the buy zone.

Stop: 1,825.80

Limit: 1,908.50

As long as the market stays in the buy zone, it will be a good idea to turn to the five minute time frame and to look for Tunnel Trader long / Destination Trader long ideas towards the Fibonacci limit.

The Bottom Line


For more on the markets as well as trading education and trading ideas like this one, look for the next edition of Josh’s Daily Direction in your email inbox each and every trading day.

I’ll be bringing you more of my stock and futures contract trading tutorials as well as some additional trading ideas.

And if you know someone who’d love to make this a part of their daily trading routine, send them over to joshsdailydirection.com to get signed up!

Keep on trading,

P.S. Gold isn’t the only alternative asset proving trading opportunities for gains. Digital currencies are also setting up profitable trades that could provide an alternative income source for traders armed with the right information.

I continue to provide this information in my War Room research service, which you can learn more about here.

Josh Martinez

Josh Martinez

Josh Martinez is an elite Analyst who’s been actively trading the financial markets since 2011. He’s known as one the leading innovative traders in this industry due to his his cutting-edge strategies.

Josh first burst into the scene when he took an initial deposit investment of $500 and turned into over $39,000 in just under 2 years.
Josh’s trading articles have been featured in Your Trading Edge, The FX Street, Trader Planet, Forex Crunch, Trading Pub, and Equities.com.

In addition to trading, Joshua has also trained thousands of traders worldwide. His strategies and systems have helped others find success in the market

Leave a Reply

Your email address will not be published.

Stop wondering what direction the markets are headed! Sign up right now to get Josh’s Daily Direction straight to your inbox each morning before the trading day even begins. Best of all – it won’t cost you a dime.