Disliked{quote} DXY I have, see above. Missing Treasuries, Bonds in this scaleIgnored
{quote} the dollar mark is striking (and gold's movement has reversed in the last half hour). Let's see what the market makes of the mixture of dollar weakness, inflation and above all recession. For me, Gold 2025 is a noteworthy mark, where new reactions are due for me.
Yeah too big to fall
, but it doesn't fall, it loose at the moment against gold,For moment, timeframe 1h+ , I see the gold UP
So Keeping an eye on your risk and cutting your losses short!
PS: In my mind, at this moment, the great $ is the big and most important currency in the word,
but gold is yellow or shiny
( and this time we have a big inflation almost everywhere) , So, I want more gold and $
It is not about what you think, but what you see and your actions after!
[quote=Isabella_D;14393315]
Offtopic:
Sorry Isabella_D,
My post is more of a joke ...
"So Keeping an eye on your risk and cutting your losses short!" that is generally remark( sorry!)
"Gold is overvalued in its economic importance. And it is not an inflation hedge." alright, maby you have right,
But the market sees something else!
See you, BTC what it is ?!!?
Anyway, I apologize if I disturbed you!
PS: All that I write is an opinion, my opinions about events and how I see the moment!
Have a great day!!!
{quote} J .... Gold is overvalued in its economic importance. And it is not an inflation hedge. And yes, I can see my losses and you can see yours? Please always note the TF considered here.
Sorry Isabella_D,
My post is more of a joke ...
"So Keeping an eye on your risk and cutting your losses short!" that is generally remark( sorry!)
"Gold is overvalued in its economic importance. And it is not an inflation hedge." alright, maby you have right,
But the market sees something else!
See you, BTC what it is ?!!?
Anyway, I apologize if I disturbed you!
PS: All that I write is an opinion, my opinions about events and how I see the moment!
Have a great day!!!
It is not about what you think, but what you see and your actions after!
Hi, guys, I have a question.
How do you guys deal with this situation when you encounter it?
US Dollar Index, 4H, price has a very clear support level A, and the next price seems to be recognized by the market to collect a small positive line.
Then, the market broke down.
My question is, how do I go about determining if it will break out and possibly signal a break down?
How do you guys deal with this situation when you encounter it?
US Dollar Index, 4H, price has a very clear support level A, and the next price seems to be recognized by the market to collect a small positive line.
Then, the market broke down.
My question is, how do I go about determining if it will break out and possibly signal a break down?
Just follow the trend.
Hi, guys, I have a question. How do you guys deal with this situation when you encounter it? US Dollar Index, 4H, price has a very clear support level A, and the next price seems to be recognized by the market to collect a small positive line. Then, the market broke down. My question is, how do I go about determining if it will break out and possibly signal a break down? {image}
The market sometimes, does not make sense.
For moment, I try to study and find and answer.
It is not about what you think, but what you see and your actions after!
- #6,672
- Apr 13, 2023 1:48am Apr 13, 2023 1:48am
- Joined Aug 2018 | Status: LQUIDITY-THE ONLY TRADING TRUTH | 1,373 Posts
I know there are many gold traders here but going forward be cautious with your long trades.As you see on the monthly chart the price has been making lower highs and loser lows.So if the price failed to break past the last lower high at 2070.41 then price will be targeting 1617.13 .See pic attached.
- #6,676
- Apr 13, 2023 2:09am Apr 13, 2023 2:09am
- | Commercial User | Joined Oct 2018 | 1,031 Posts
Today's target 2035-2050,(2036)
2028 dr1 ,if cant break now, then back to 2014( dp ) possible.
My bias is upside target today.
Trade Safe
2028 dr1 ,if cant break now, then back to 2014( dp ) possible.
My bias is upside target today.
Trade Safe
Its all about Timing!!!
