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Gold

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Here's hoping 1831, 1825, 1820 holds.
"Don't Shoot Me I'm Only the Piano Player"
Quoting yani38
{image} Here's hoping 1831, 1825, 1820 holds.
so far so good, although it is really tight still and testing 1820. It could hold...
Quoting Ravenfeeder
{quote} so far so good, although it is really tight still and testing 1820. It could hold...
I'm not retired as yet, so not necessarily a diehard Gold holder, but must admit it's looking a bit sus @ that 1820 level.
Thanks for your reply.
"Don't Shoot Me I'm Only the Piano Player"
Quoting Ravenfeeder
{quote} so far so good, although it is really tight still and testing 1820. It could hold...
I guess we are waiting for news in order for 1820 to break
Quoting janusforex
{quote} I guess we are waiting for news in order for 1820 to break
yes! And if doesn't, then it should spike up before the end of the day, people taking profits before the weekend and all that. Plus it will eventually become oversold, maybe even a bullish divergence, that's also if news doesn't come in soft for USD!
Quoting Ravenfeeder
{quote}Plus it will eventually become oversold, ...
That happened with Crude Oil not so long ago, they actually paid you to buy it.
"Don't Shoot Me I'm Only the Piano Player"
Quoting ForexGoose
{quote} if it gets above 1850, then maybe it will be bullish for now, it looks bearish
Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
Looking forward to this outcome, and hopefully wrap up nicely for the weekend. I suspect a bounce off 1800 at the lowest, but if through then we are going to 1780? the 200-SMA and main trend setter...
Quoting yani38
{quote} That happened with Crude Oil not so long ago, they actually paid you to buy it.
That is very interesting!


I am fearing this, so I am keeping sells out, but placed sell stop just below key support levels, such as 1814 to 1812 (TP), and then below that 1810 to 1800 (TP), and lastly one at 1798, with no TP set.
Quoting ForexGoose
{quote} Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
sold from 1817, stop loss above 1825, target 1780
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} sold from 1817, stop loss above 1825, target 1780
stocks look bad after the data so far, but maybe there will be more selling later after the NY open

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} stocks look bad after the data so far, but maybe there will be more selling later after the NY open {image}
YEs, we have some retracement, maybe the NY session open will drag it down lower, but the Home Sales data might be bad, countering this maybe... slightly...
Today's results are not good but overall my first trading week which was totally based on momentum had nice results. Closing this week.
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Love for all; Hatred for none.
Been short on this since y'day. Entered at 1822, TP is 1785. SL at 1840. Nice to end on a positive note after a poor XAGUSD trade earlier this week.
in strong bull set ups as in cup and handle pattern , and now correcting just where there no more scope if do any great and not possible with rishing the bull even , so strong bull likely continue having minimum correction possible , ok next support 1784 may breaks or not possible! lest see if further correction may ignite very strong bull again . anyway big space at lows present to avert any disaaster to 1586/1500 even take care
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Not understand?never follow my analyses!
Quoting fontu
in strong bull set ups as in cup and handle pattern , and now correcting just where there no more scope if do any great and not possible with rishing the bull even , so strong bull likely continue having minimum correction possible , ok next support 1784 may breaks or not possible! lest see if further correction may ignite very strong bull again . anyway big space at lows present to avert any disaaster to 1586/1500 even take care {image} {image}
If you don't mind can you tell which position there correction possible.
Thank you very much.
It's going down, but I see some Divergence now, so I expect a pullback soon. Bought at 1807,10.
Quoting jordiHK
It's going down, but I see some Divergence now, so I expect a pullback soon. Bought at 1807,10.
SL moved to BE. Let's see if can reach 1813,8X again.
to 1800th or to 1820th
H4
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dolce vita
btw.., DPP is around 1815th.., has not been printed yet but DeMark's one (1813th)
dolce vita
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