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Gold

Quoting Whale
back to scalp long 2475 sl 2470.8 tp open {image}
SL will definitely hit, why are you doing this to yourself
Silver continues to bounce around 61.8% Fibo while the Gold continues dropping which suggests to me that Silver could remain here while the Gold is going for the Weekly Support and perhaps then they can both rally or provide some meaningful retracement.

Silver is waiting for the Gold to do what it has to do.
Quoting 69Doggy
{quote} SL will definitely hit, why are you doing this to yourself
Yeah, the stop should be a bit lower.
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Quoting Whale
back to scalp long 2475 sl 2470.8 tp open {image}
Good one.
Quoting HalikiqeoVN
{quote} Phase 1 target is almost reached, everything is on track as planned. If anything changes, it will change. Any further news releases can only be noise

could be a quick pullback from 2458 in the US session, after partially wiping out the buyers' SL.
My personal opinion.
Buys @ 74, 76.5 and 78. will reduce risk when can set SL. Hopefully makes up for my SL being hit on sells at 95 last night
It can go up to 2484-85 IMO
Quoting profits7
{quote} {image}
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Don’t focus on making $$$, focus on protecting what you have.
Quoting pedro319
{quote} Yeah, the stop should be a bit lower.
2470 is a strong support. If break, selling will intensify. His SL is OK.
I might just be wrong
my setup today..
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SURFER
GOLD
2470-60 is the main support, once that is broken, there is no point pursuing longs anymore.
Market hanging by a thread but not broken yet.
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Main Resistance for the Gold is at 2490$.
Lets hit the resistance another time.
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Quoting michiyo
{quote} 2470 is a strong support. If break, selling will intensify. His SL is OK. I might just be wrong
Not necessarily, 2470-60 works as one support area
If you say below 2460 then I agree.
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Quoting profits7
{quote} {image}
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Don’t focus on making $$$, focus on protecting what you have.
Quoting profits7
{quote} {image}
Don't forget the patterns!
H1
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Quoting pedro319
Don't forget the patterns! H1 {image}
If Gold can break above 2490$, then we can start talking about a potential Buy, otherwise we're going to 2450$.
Quoting Silver-King
{quote} If Gold can break above 2490$, then we can start talking about a potential Buy, otherwise we're going to 2450$.
That is why I like to buy support and let market decide later.
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Quoting pedro319
{quote} That is why I like to buy support and let market decide later.
Of course! That's my moto on the Silver, Buy at Support and re-evaluate later.
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