Gold

Quoting d1zzy

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{quote} That’s exactly why it’s tricky as hell to do anything at this top, I want a few bearish engulfer on 4H, some sort of correction before anything else, my projection puts it at 3025 and that’s scary lol Ukraine situation is definitely not helping, especially todays developments, fingers crossed for peace though

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Quoting T721

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SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED 1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO BUY A MARKET THATs DOWN ON THE DAY SO lets say your go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35 Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop...

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Quoting Erebus

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{quote} I laughed all the way through reading that post, they are the contrarians, and it just goes right over their heads! And no chance of changing their ideas; go read my thread in Traders Loung for more insight and a laugh - https://www.forexfactory.com/thread/...gh-bonus-learn Here is a chart that contrarians will enjoy, the concept, when the trend is say, UP by the moving averages, then BUY the close of a down day, Blue Stars easy pips. {image}

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Quoting saal

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{quote} TP1 12$ Even though the stop is at 2920, which is a bit far away, the price did not drop below 2930. The entry was very accurate.

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Quoting giveachance

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now the whole forum is waiting to sell 3000. if so many sellers are waiting there if we get there it will most surely move 50-60 dollars higher. so most likely we wont reach there. sometimes common sense prevails. gold is doing something crazy which I have never seen before. it rises on both strong and weak dollar. it rises on both war and no war news. looks like someone has a huge target in mind. but if there is another 5% wipe out in equities from here most likely gold will have to correct. so far they have not turned to gold for selling but...

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Quoting goldsimp

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{quote} I believe they already did. When stock indexes is plunging these past few weeks , they intended to sell gold to recover. I guess that's what happened on those recent sells. And yes there's more to come if these indexes is still falling. Right now theyre just waiting for higher and juicy price for another wave.

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Quoting farukh

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I am back fellows, not been here with trades for some time.. took long yesterday from 2883 and still floating with good profit. there is strong resistance at 2930, price is consolidating around. looking if any h1 closed above 2930 will make it continue long and probably will make new all time high. otherwise will close it with some profit @2905. my suggestion: look for PA @2925-2930, for long wait for h1 close above 2930 {image}

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Quoting goldsimp

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{quote} I believe they already did. When stock indexes is plunging these past few weeks , they intended to sell gold to recover. I guess that's what happened on those recent sells. And yes there's more to come if these indexes are still falling. Right now theyre just waiting for higher and juicy price for another wave.

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Quoting JamieM

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{quote} what do you mean, can you explain more in detail? Market sentiment of gold shorts are from equities shorts?

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Quoting farukh

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{quote} Alhamdulillah! banked another good rally. now will take a little break and look for new setup. {image}

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Quoting datdle

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if look at Month chart, i can see the price rush up very quick in several year since 2018 up to now. It is strange, when gold often moving arround 300-400usd/ year in previously. What is going on here ???

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Quoting JamieM

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{quote} what do you mean, can you explain more in detail? Market sentiment of gold shorts are from equities shorts?

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