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Next week gold very bullish target 2483, I see 2 scenarios, but I'm strongly with scenario #1 until fail, it fails to me when any daily candle close below 2417 which lead us to scenario 2 and target 2386
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How much you lose when you are wrong?
Quoting Zenu.
Which News Effect The Gold Most With A Very Large Impact.
PMI, NFP, CBM, PPI, CPI
2 Corinthians 12:9
gold always react how the market makers want it to react , last week with unemployment's news it was suppose to go down did it went down no , gold always collect the liquidity when it goes side ways then always goes again at the market hits every STOP LOSSS , wipes mostly traders account

GOLD IS THE HIGHLY MANIPULATED PAIR BE ALWAYS CAREFUL

BE ALWAYS CAREFUL WHEN u TRADE A GOLD
Good evening guys and happy weekend. I trust you all are enjoying your weekend.
I would love to make an appeal and I believe that a problem shared is a problem half solved…

Please can anyone help me with any amount of money I would really appreciate
Say from $10 upwards. I'm really deep in a financial crisis and I need help getting out
Quoting Zenu.
Which News Effect The Gold Most With A Very Large Impact.
In order of importance in my opinion: Fed, CPI, NFP, ISM Services PMI... these are the four news I pay attention to and the rest is irrelevant to me.
Quoting Isabella_D
{quote} Please always state the time frame in which you act, otherwise you will not be able to find reasonable answers.
Every TF is important. The higher the TF, the more important it is in my opinion. I always start with MN Chart and then Weekly, Daily, H4... all the way down to the M15 Chart. Monthly, Weekly and Daily Charts are very, very good for getting an idea of where the strong Resistance or Support can be found and are very good at showing the long-term picture. H4 is kind of in the middle and is great for letting you know in what phase the price currently is and warns about a bigger potential shift in the price action. H1, M30 and M15 are great for the short-term corrections and can also be used very well for letting you know when the trend is about to continue. If you have Monthly, Weekly and Daily Charts suggesting that the price will go up and you wonder when the uptrend might continue, then you look at the lower TF's and when their signals will start correlating with the higher TF's.
I think I'll start putting some Longs on the Gold as well. I haven't really been following the Gold as much lately, but I think it's time I start doing so. I have to look at the Charts first before I open any Longs however. Concerning the Silver, I'll add more Longs very soon while the price is still this low in my opinion. As far I can tell, we might had a bottom at 26.5$ for the price of the Silver, especially if 28.5$ Resistance fails and the price goes above 30$. If that happens, I'm not really optimistic anymore that the price is going to return to the low that it left at 26.5$. Of course, anything can happen.
Quoting Khenedee
Good evening guys and happy weekend. I trust you all are enjoying your weekend. I would love to make an appeal and I believe that a problem shared is a problem half solved… Please can anyone help me with any amount of money I would really appreciate Say from $10 upwards. I'm really deep in a financial crisis and I need help getting out
____ try RedCross , they Helped me when I was Down x2 on EVERYTHING x2 = even my own family did NOT like to Help me , soooo MUCH Down I was !

Red Cross aka Red Crescent Societies
Don’t focus on making $$$, focus on protecting what you have.
Quoting Silver-King
I think I'll start putting some Longs on the Gold as well. I haven't really been following the Gold as much lately, but I think it's time I start doing so. I have to look at the Charts first before I open any Longs however. Concerning the Silver, I'll add more Longs very soon while the price is still this low in my opinion. As far I can tell, we might had a bottom at 26.5$ for the price of the Silver, especially if 28.5$ Resistance fails and the price goes above 30$. If that happens, I'm not really optimistic anymore that the price is going to return...

Not Yet! It still has to go down. Not sure when but it will. I think 2350 or 2330 will be retested before going to the 2500's
Trading Is Hard. It Reveals Your Weaknesses. That's Why I Love It.
Hello

Does anyone know on TradingView which indicator is in the picture?

I know is pullback, but I don’t know which one exactly…
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Quoting worldbankinc
{quote} UPDATE : Signal 41-2024 has triggered BUY order {image} {image}
UPDATE : Signal 41-2024 BUY order hit TP

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Quoting worldbankinc
{quote} UPDATE : Overall Signals 2024 {image} {image} Signal 38-2024 is in play. Let's how it is play out
UPDATE : Overall Signals 2024

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Quoting Fxgfitking
{quote} Not Yet! It still has to go down. Not sure when but it will. I think 2350 or 2330 will be retested before going to the 2500's
I hope so too. Like last Monday, hopefully Asia will buy currencies and dump metals.
"Live & Let Live" - David Gilmour
  • Post #37,734
  • Quote
  • Edited Aug 12, 2024 8:38am Aug 11, 2024 10:12am | Edited Aug 12, 2024 8:38am
Quoting worldbankinc
{quote} UPDATE : Signal 41-2024 BUY order hit TP {image} {image}
NEW : Signal 42-2024 has just released over the weekend

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Quoting Fxgfitking
{quote} Not Yet! It still has to go down. Not sure when but it will. I think 2350 or 2330 will be retested before going to the 2500's
We'll see... I am very close to putting some Longs on Gold though. If the analysis warrants it, then I'll have to put some Longs in. Thanks for the heads up though!
Quoting Silver-King
{quote} We'll see... I am very close to putting some Longs on Gold though. If the analysis warrants it, then I'll have to put some Longs in. Thanks for the heads up though!
We might retest 2393 sometime soon, I just would think it will go down & grab some liquidity left behind to break some new highs. Just my opinion, however if we can't go below 2393 then longs would make sense for now.
Trading Is Hard. It Reveals Your Weaknesses. That's Why I Love It.
Quoting aljOOker
Next week gold very bullish target 2483, I see 2 scenarios, but I'm strongly with scenario #1 until fail, it fails to me when any daily candle close below 2417 which lead us to scenario 2 and target 2386 {image}
I also have 2416 as an important pivot. We can go down to 2393 from there or back up to 2450's+
Trading Is Hard. It Reveals Your Weaknesses. That's Why I Love It.
Quoting Fxgfitking
{quote} We might retest 2393 sometime soon, I just would think it will go down & grab some liquidity left behind to break some new highs. Just my opinion, however if we can't go below 2393 then longs would make sense for now.
I don’t really understand the whole “dip to build liquity” concept with gold. It’s not like it’s a micro stock or alike, it’s an extremely liquid market at which many more people will and do unload at many different levels…

granted, we might see sideways movement when there are is no demand or lack of but dipping to build liquidity is somewhat more suited to a less liquid, held tight market, surely ?
Que Sera
Quoting Catempire
{quote} I don’t really understand the whole “dip to build liquity” concept with gold. It’s not like it’s a micro stock or alike, it’s an extremely liquid market at which many more people will and do unload at many different levels… granted, we might see sideways movement when there are is no demand or lack of but dipping to build liquidity is somewhat more suited to a less liquid, held tight market, surely ?
I can't disagree with you. What I truly mean is the Fair Value Gap. It returns to balance out price before new lows/highs. We are currently at a point that sellers will come in and try to push it down at this price point. If we go down I am watching 2421, 2416, 2393. Gold has pushed up however since the 1800's so it can easily continue up. I just think the market will retest low 2400's or mid 2300's. Just me speculating of course. I trade whichever way the market is moving lol
Trading Is Hard. It Reveals Your Weaknesses. That's Why I Love It.
Quoting Fxgfitking
{quote} I can't disagree with you. What I truly mean is the Fair Value Gap. It returns to balance out price before new lows/highs. We are currently at a point that sellers will come in and try to push it down at this price point. If we go down I am watching 2421, 2416, 2393. Gold has pushed up however since the 1800's so it can easily continue up. I just think the market will retest low 2400's or mid 2300's. Just me speculating of course. I trade whichever way the market is moving lol
i get what you’re saying but based on where it is on the chart, over the monthly’s, I wouldn’t be surprised to see a larger move upwards. IMO. More holding for that than a slight dip to build liquidity.
Que Sera
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