How to Trade Crude Oil and Gold

Trading GC during European Session

This lesson walks you through a comprehensive morning trading analysis for GC (gold futures) during the European session, with special attention to currency movements affecting the markets. You’ll learn how to interpret our institutional-grade positioning models and gamma exposure data to identify key support and resistance levels for both metals and currencies.

We begin by analyzing our CTA models and positioning model, which show big sellers still adding long positions on gold, silver, palladium, and aluminum. For the GCG February 2026 contract, the biggest gamma exposure strikes are at 44,000, 45,150, and 4350 (the current price level). Critical support levels include 42,000 and 41,000 if price drops. For today’s expiration (December 17), the main strikes are 4355, 4400, and 4420 as a median price, with less than 2% gamma expiring over two days.

The analysis reveals GC is currently in consolidation, sitting in a positive gamma condition with one day max at approximately 4383. The core resistance and gamma wall cluster around 44, while downside targets include put support 0DTE with GEX4, followed by one day mean and blind spot 2. Crossing below HVL 0DTE would trigger a negative gamma regime with extended moves expected. The lesson demonstrates how to identify triangular consolidation patterns and anticipate breakout acceleration.

For GLD, the biggest volume strike is 400, with key levels at 395, 405, 410, 415, and 420. Today’s gamma exposure shows 2.6% expiring Wednesday and nearly 3% on Friday, with the current price between 395 and 400. The GVC (gold volatility index) reads 20.2, predicting around a sixty dollar normal move for the day.

The currency analysis focuses on US Dollar with Japanese Yen, highlighting significant news about Warren Buffett and Japanese Yen. After crossing the yellow trend line, acceleration to the upside occurred, reaching one day max with core resistance. Key levels include HVL at 156.6, one day mean with blind spot 7 at 154, put support 0DTE with gamma wall, and upside targets at blind spot 3 with one day max and GEX 3. The lesson shows how to identify double bottom patterns and trend line breaks for anticipating major currency moves.

Video Chapters

  1. 00:00 – Introduction and disclaimer
  2. 00:22 – CTA models and positioning model analysis for metals
  3. 00:41 – GCG gamma exposure and key strike levels
  4. 01:33 – Today’s and tomorrow’s gamma expiration analysis
  5. 02:45 – GC consolidation and chart mapping with support/resistance zones
  6. 06:32 – GLD volume strikes and gamma exposure analysis
  7. 09:54 – Currency analysis: US Dollar and Japanese Yen with Warren Buffett news
  8. 11:21 – Japanese Yen double bottom pattern and trend line analysis

Key Takeaways

  1. The CTA models show big sellers adding long positions across all metals including gold, silver, palladium, and aluminum
  2. GC is in consolidation with positive gamma conditions, key resistance at 4383 and 44, and critical support at 42 and 41…
Video Transcription

[00:00:02.24] - Speaker 1
Hello, hello, hello. Good morning investors, Ladies and gents. Please read our disclaimer and let's jump to our gold analysis and currencies.

[00:00:22.08] - Speaker 1
So let's go. Let's dive together. First of all our CTA models. So looking on our positioning model, what the big sellers doing? Still adding position to the long on gold, silver, palladium, aluminum.

[00:00:41.08] - Speaker 1
So still everything from the metals going to the long, adding longs, nothing else. So let's jump and take a look how gamma exposure looking on GCG on February contract 2026 still the biggest strike the main one right now 44,000 later 45, 15 and 4350 where we are right now exactly on this point what we have later gamma supporting us. Another interesting point is 42, 40, 50 and later after we drop 42 please be careful because 41 should be our next target.

[00:01:33.12] - Speaker 1
Gamma exposure for today expiration so 17 of December. Please take a look. 43, 55, 43 oh 44 and later a little bit something above 44. So 4420 we can say as a median price between those two strikes. And if we drop 43 later till 42.75 we have a lot of interest and exposure later gap.

[00:02:14.08] - Speaker 1
And what we have 4200 another expiration tomorrow also less than 2% on on those two days gamma expiring. So not such a big exposure. What we have main strikes 4360 and 43 what we can expect box. So we can oscillate between those two levels later if we drop below. Please be careful.

[00:02:45.12] - Speaker 1
43, 4250 and later 42. But if we go above what we have 44 still in the game. Looking on our charts from the bigger picture right now we are still in consolidation. Why I'm saying like this. Please take a look.

[00:03:06.05] - Speaker 1
We are not crossing this high. We are not crossed last time that low and right now plus minus we are in the middle of the range. So let's clear our charts. Let. Let's map this together from the beginning.

[00:03:25.04] - Speaker 1
In the middle of the week, What we have one day mean blind spot 2 our main support later put support with GEX 4 very interesting zone. If we drop this, then quick move to one day mean and blind spot two should be in our mind. Right now we are in multi area cluster GEX2 from the upper side, GEX1 in the middle core resistors, gamma wall, HVL everything from zero DTE perspective. So what it tell us? Right now we are sitting in positive gamma conditions and above what we have boom.

[00:04:07.16] - Speaker 1
One day max. Where exactly? Near last stops 1, 2, 3, 4, 5, 6 5. Six times we are trying to push 4383 to touch 44. And what we what we have on 44 another cluster.

[00:04:24.15] - Speaker 1
And exactly core resistance. So I hope this should help us clear plan. Easy peasy Plan A. If we staying above then one day max. If we cross call resistance as a main target.

[00:04:42.04] - Speaker 1
If we drop below HBL0DTE negative gamma regime extended moves. First main point of interest. From my perspective put support 0DTE with GEX4. And later of course one day mean right now this is how it looks. What we can also do.

[00:05:04.10] - Speaker 1
We are not such a far from this trend line if we're staying in this box. So we have another. And what we have right now triagonal and what we have also in our mind. So if we are sitting here 1, 2, 3, 4 and will be decision 5 or this is plan our A.

[00:05:39.20] - Speaker 1
We come back here and later waiting for final decision. I will be also not such surprised. But remember, after crossing and confirming that kind of move later we will get very big acceleration from another move impulse that kind of move. So we can be prepared for something like that. And update later what is going on exactly on Gold.

[00:06:14.17] - Speaker 1
So right now I will save it like this. And we come back tomorrow on last Gold morning session in this week. And later we will have a break and coming back to you after New Year.

[00:06:32.05] - Speaker 1
GLD right now. 397.6 the biggest volume strike of course 400 later. 397. 405. 410.

[00:06:47.15] - Speaker 1
1520 open interest. The biggest one of course 400 later. 415. 420. 425 and of course 390.

[00:07:01.12] - Speaker 1
395 and 405. So each time five points on GLD is our interesting point to take a look what is going on there. Maybe some reaction, maybe some continuation. But you should accept liquidation there. So what show us also gamma exposure.

[00:07:30.18] - Speaker 1
After looking to open interest and volume 400 Main Strike. 390. 395. 405. 410.

[00:07:36.24] - Speaker 1
15 and 20. Man, beautiful picture. Easy peasy. Really. Gamma exposure for GLD Today is Wednesday and today expiring 2.6%.

[00:07:56.08] - Speaker 1
And on Friday take a look 40 near 3% of whole gamma exposure. We sitting on GLD 8 will be crazy. 390. 400. 395.

[00:08:14.06] - Speaker 1
4054 strike till end of this week. Right now today main focus between 395. 400.

[00:08:27.06] - Speaker 1
So let's clear our Charts. Let's map everything together. How it look? I hope very easy. Because we have only few strikes few zones.

[00:08:39.14] - Speaker 1
Each time we have from our tools clear picture what is going on.

[00:08:51.07] - Speaker 1
So right now plus minutes we are waiting for some confirmation. We are between 400 and 395 main two strikes and later we know exactly what we can expect reaction or continuation and where exactly put support 1 they mean blind spot 2. A little bit above 390 there was a big zone awesome. 395 similar view hvl0dt with gex1 creating the zone in the middle. Right now core resistance Gamma wall 397 above call resistant 1 day max 400405 geck 7 with 2 times wrist trigger sitting a little bit above awesome GVC gold volatility index 20.2 plus minutes still around sixty dollar predicted normal move for today in currencies.

[00:09:54.07] - Speaker 1
We have some info. Please check the news because there was something about Warren Buffett and Japanese Yen. So this is your homework. Also you need to know what is going on. But if you remember yesterday I was saying if we cross and touch one more.

[00:10:18.04] - Speaker 1
If we try touch one more time this yellow trend, right. We should get acceleration to the upside. If we cross this and voila what we have exactly Boom. And we got it. And where we are from one day mean Yesterday also was sitting here to one day max with core resistance Core resistance Gamma was zero dte.

[00:10:41.18] - Speaker 1
But today is one of this day when our models only have view Pair 1 per day printing the levels. But with this information about what is going on with Bearship Hatwei so one of the biggest in the world found. And what Buffett is doing with Yen and how it looks on dollar right now we have that kind of moves on our charts. And also in near time. Please take a look what is going on also on Yen.

[00:11:21.21] - Speaker 1
So Japan is US Dollar and Japanese Yen also as a currency. We cross our trend line trying to come back fake. We come back to the downside and perhaps right now we build plus minutes double bottom. And if we coming back and cross especially this trend line and going up sun then we will have acceleration a very big one. So what we can accept.

[00:11:53.15] - Speaker 1
Let's map together. Also today our US Dollar with Japanese Yen.

[00:12:03.17] - Speaker 1
So today should we stay in our mind all Dex levels not only our primary. So HVL 156.6 supporting us next one one day mean blind spot 7 154. Right now we are above put support. Put support 0dt with gamma wall also we cross with acceleration call resistance 0dte with HVL the next target if we stay with that kind of move blind spot free with one day max and gags free later crossing the zone 156.6 and today be careful what is going on Especially with currencies simple trend lines should help us to have a very good picture our levels also so looking at this from bigger perspective to a little tiny we can map that right now from my perspective first target is 1 day max blind spot 3 gigs free later perhaps HVL with upper trend line this one and perhaps this is the end move for today if not later take a look what a big window we have call resistance today in currencies world and not only it will be crazy day so please ladies and gents investors be careful and now if you have some questions I will be waiting Please wrote in a chat.

[00:13:51.23] - Speaker 1
I hope that was very clear for you what is going on, what we should expect, how should looks Our plan A, plan B and plan C. Thanks Roland.

[00:14:13.02] - Speaker 1
So if everything was clear, you haven't got any questions. Thank you very much for morning session later today we will have as usually NQ preparation with Patrick later procession and on the evening we we are live on YouTube on X so stay tuned Please join us and evening session from Pro members Today is canceled as we mentioned before but stay tuned have a nice day. Wish you all the best. Bye bye.