Support and resistance indicator for gold

Support and resistance indicator for gold

All traders and investors know that recognizing the most significant levels of support and resistance on a chart is key. There are many ways this can be done, from simple, hand-drawn lines to specialist indicators. Two such indicators from us here at Quantumtrading are the accumulation and distribution indicator and the volume point of control. The A&D indicator is price based, while the volume point of control (aka vpoc) includes both price and volume, and we can see how these work on the weekly chart for gold. What is unique about the accumulation and distribution indicator is that the lines thicken each time the price is touched, thereby confirming the relative strength of that particular support or resistance level. Meantime, the vpoc not only gives us the key levels based on price and volume but also highlights the congestion/consolidation zones where the price action is likely to pause or even struggle in its journey higher or lower. Using these indicators together gives traders...
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Best support and resistance indicator

Best support and resistance indicator

Support and resistance are integral to technical analysis and also a key plank in the volume price analysis. methodology. It, therefore, makes sense to use the best tools possible to highlight those areas and levels on a chart where the price action is going and perhaps stall. At Quantumtrading, we have developed price and volume-based tools to help traders and investors make sense of the price action, and we have a great example on old where the accumulation and distribution indicator, the volume point of control, and Camarilla pivot levels have all come together on the weekly chart. The precious metal has recently found its mojo once again, lifting off a triple bottom at the $1632 region. It also coincides with the volume support and achieved the $1812 level, where it now faces its first major price resistance level in the form of the accumulation and distribution indicator. We can see this given the thickness of the blue hatched line. The...
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Learn how to trade forex using volume price analysis and the Quantum tools and indicators

Learn how to trade forex using volume price analysis and the Quantum tools and indicators

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Trading stocks, commodities and indices using volume price analysis and the Quantum tools and indicators

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Some great volume price analysis examples across all markets including cryptocurrencies on MT4, NinjaTrader, Tradestation & TradingView

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How to select stocks for day trading and trading the index futures using volume price analysis

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In the US trading session, we take another step along the road in explained how to select and day trade stocks using volume price analysis, along with trading index futures and commodities. https://youtu.be/kkJnWF5GSlU  ...
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Where next for equity markets after the big shakeout in US markets? Volume price analysis will tell you!

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It's been a couple of days where markets have been focused on the Fed and J Powell's comments which helped to create the shakeout in US equities, a terrific day for the market makers who duly cleaned up and bought as panic set in. So where next? Well if you understand volume price analysis it's very clear. https://youtu.be/42n-aTYUI4E...
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