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Gold

  • #9,481
  • Jun 12, 2023 4:58am Jun 12, 2023 4:58am
Quoting damsak
Possible down reverse area {image}
That's it. scalps
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  • #9,482
  • Jun 12, 2023 5:35am Jun 12, 2023 5:35am
Quoting Inthebox
{quote} one has to know the temperamental miss gold and know what she wants. she a little overweight too. after having taken out the sell side liquidity at previous day low, she became heavier. one single upward trend line is not able to support her weight. so fib 62 from 8june new york low to high came to help out.
when think of Gold, the immortal words of rick james come to mind, super freak!
without patience how can you be a trader?
  • #9,483
  • Jun 12, 2023 5:50am Jun 12, 2023 5:50am
The Gold in Time frame Weekly Will going down to 1855, look at indicator Awesome Oscilator but in Time frame Monthly Will little up with range 2037-1900/Troy once.
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  • #9,484
  • Jun 12, 2023 5:51am Jun 12, 2023 5:51am
Quoting Steverino832
{quote} when think of Gold, the immortal words of rick james come to mind, super freak!
I totally agree with you, and IntheBox, always have to watch her close, or otherwise "...Watchout boy, she'll chew you up!" (hall & oates' "Maneater").
"Who Dares Wins"
  • #9,485
  • Jun 12, 2023 6:21am Jun 12, 2023 6:21am
Quoting damsak
Possible down reverse area {image}
now

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  • #9,486
  • Jun 12, 2023 6:24am Jun 12, 2023 6:24am
Perfect rejection at EQB top
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  • #9,487
  • Jun 12, 2023 6:32am Jun 12, 2023 6:32am
Quoting Ravenfeeder
{quote}I totally agree with you, and IntheBox, always have to watch her close, or otherwise "...Watchout boy, she'll chew you up!" (hall & oates' "Maneater").
LOL!
without patience how can you be a trader?
  • #9,488
  • Jun 12, 2023 6:34am Jun 12, 2023 6:34am
Looks like it is heading down to retest 49-50 before going back up.
  • #9,489
  • Jun 12, 2023 6:41am Jun 12, 2023 6:41am
Quoting aahmad29
{quote} Update positions: Sell 1961 TP 1955 Sell Limit @ 1970 TP 1961
Update positions:

Sell 1961 TP 1955 (Closed at 1956 because volume of buyers and sellers is mixed on M5)
Love for all; Hatred for none.
  • #9,490
  • Jun 12, 2023 6:48am Jun 12, 2023 6:48am
Well that turned a 25% gain into a 20% loss
  • #9,491
  • Jun 12, 2023 6:51am Jun 12, 2023 6:51am
Update positions:

Buy Limit 1946 TP 1955
Buy Limit 1937 TP 1946
Buy Limit 1928 TP 1937
Love for all; Hatred for none.
  • #9,492
  • Edited 7:14am Jun 12, 2023 7:02am | Edited 7:14am
Quoting Zebi
welp...doing my saturday evening chart studies here are 15 min euro and gold charts with a line marking the unemployment news announcement...euro hasnt hit the mark yet but will sunday night and where you think gold is going {image} {image}

price may resist but always follows the charts LOL....this time took 2 days to retrace thursdays news pop.....cant wait for the fed on wednesday that retrace if it pops up on a hold will do it in a week


learn price action or reading the tape as the oldtimers called it in the 1900's and you can see into the future too
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short trump and go long the deepstate
  • #9,493
  • Jun 12, 2023 7:11am Jun 12, 2023 7:11am
Bought
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  • #9,494
  • Jun 12, 2023 7:11am Jun 12, 2023 7:11am
Buy limit & buy stop already set... Target 1961
study of behavior and mind,conscious and unconscious
  • #9,495
  • Jun 12, 2023 7:28am Jun 12, 2023 7:28am
Quoting aahmad29
Update positions: Buy Limit 1946 TP 1955 Buy Limit 1937 TP 1946 Buy Limit 1928 TP 1937
Update positions:

Buy 1951 TP 1956
Buy Limit 1943 TP 1951
Buy Limit 1935 TP 1943
Love for all; Hatred for none.
  • #9,496
  • Jun 12, 2023 7:30am Jun 12, 2023 7:30am
i hope the FED cuts a 1/4 point cause will mean gold will drop to 1800 like the daily and weekly charts say..after the initial kneejerk reaction hier...dont believe conventional wisdom
short trump and go long the deepstate
  • #9,497
  • Jun 12, 2023 7:36am Jun 12, 2023 7:36am
https://www.stockinvestor.com/51946/...s-of-all-time/


jesse is my favorite...he did it with hand drawn charts
short trump and go long the deepstate
  • #9,498
  • Jun 12, 2023 7:37am Jun 12, 2023 7:37am
I get the impression that the narrative of "Central Banks are buying gold at record rates" and "Governments are dumping dollars and US Treasuries" is simply a lie.
  • #9,499
  • Jun 12, 2023 7:41am Jun 12, 2023 7:41am
Quoting MrFanciful
I get the impression that the narrative of "Central Banks are buying gold at record rates" and "Governments are dumping dollars and US Treasuries" is simply a lie.

read the chart not what people write

we'll find out next week...i think gold will be lower next week than the fed announcement level just like price returned to thursdays unemployment number
short trump and go long the deepstate
  • #9,500
  • Jun 12, 2023 7:59am Jun 12, 2023 7:59am
Eqb -S/R lines ( in a week at-least 3 days price with in the EQB level) & Contrarian Trading level..
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