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  • #14,181
  • Aug 1, 2023 11:33am Aug 1, 2023 11:33am
Quoting Gold.isgold
Gold will close Today (1.August 2023) at 1994. Spike to 2007 is expected
Please go long, contribute to my equity tomorrow

Quoting Tabish-Sidhu
The 30 mins RSI is too oversold. It should retrace back to 1951-1952. Please give me some views about it.
It will but not in this session. Price is going sideways now and close.
  • #14,182
  • Aug 1, 2023 11:49am Aug 1, 2023 11:49am
Quoting Zebi
{quote} congratulations saal...you must hold the forex factory record for becoming a red diamond high impact influencer with just 35 posts
I think it has nothing to do with the number of posts.
My record is to achieve it in a short time of 10 days.
Success is not final, failure is not fatal... - Winston Churchill
  • #14,183
  • Aug 1, 2023 12:27pm Aug 1, 2023 12:27pm
Quoting Gold.isgold
Gold will close Today (1.August 2023) at 1994. Spike to 2007 is expected
what a bullsh*t…
  • #14,184
  • Aug 1, 2023 12:29pm Aug 1, 2023 12:29pm
Hi guys

Gold start to accumulate
Daily
showing 2000+
but since i watching the ltf, 5m,15m since yesterday have not met a discount price.. all fractals are premium prices.

waiting for correction, probably asian session.
near level us 1947.75
but it dynamic as long the price creating LL
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  • #14,185
  • Edited 1:28pm Aug 1, 2023 1:11pm | Edited 1:28pm
Well and may enough down! Low previous low and above last limit around at 1934 and looking for bounce if ok to test. Earliest signal can be 1943.65 breaks up and 1945.08 hold. Target goes 1848 and 1953 pluses. Lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #14,186
  • Aug 1, 2023 1:17pm Aug 1, 2023 1:17pm
Quoting fontu
Well and may enough down! Low previous low and above last limit around at 1934 and looking for bounce if ok to test. Earliest signal can be 1943.65 breaks up and hold. Lets see
Looks like a RESET now.....
...One thing you will like is that ...There is a tiny gap at 1986.50 that is not filled, these gaps aren't shown on Tradingview because it paints over them however they are almost like algorithmic markers and i've not known one not to get filled
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  • #14,187
  • Aug 1, 2023 1:21pm Aug 1, 2023 1:21pm
Dollar news is kicking in eventually. I think we might see a weaker dollar after the close and Asia open! Gold might retrace and head up to that 2000 level soon that we have been waiting for.. Any thoughts?
  • #14,188
  • Aug 1, 2023 1:24pm Aug 1, 2023 1:24pm
Hello: Here is my ST view on Gold. GL!
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  • #14,189
  • Aug 1, 2023 1:29pm Aug 1, 2023 1:29pm
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  • #14,190
  • Aug 1, 2023 1:36pm Aug 1, 2023 1:36pm
Quoting JackR
Dollar news is kicking in eventually. I think we might see a weaker dollar after the close and Asia open! Gold might retrace and head up to that 2000 level soon that we have been waiting for.. Any thoughts?
I believe its profit taking on gold and dxy but yeah 2000 in sight
  • #14,191
  • Aug 1, 2023 1:37pm Aug 1, 2023 1:37pm
Quoting JackR
Dollar news is kicking in eventually. I think we might see a weaker dollar after the close and Asia open! Gold might retrace and head up to that 2000 level soon that we have been waiting for.. Any thoughts?

Probably we need some news to go above 2000. Or maybe not good news for dollar.
  • #14,192
  • Aug 1, 2023 1:40pm Aug 1, 2023 1:40pm
Quoting Fadhl
Hello: Here is my ST view on Gold. GL! {image}

This graph looks scary as lower bound is around 1850
  • #14,193
  • Aug 1, 2023 1:43pm Aug 1, 2023 1:43pm
Quoting Eren10
{quote} Probably we need some news to go above 2000. Or maybe not good news for dollar.
Well today PMI for the Dollar was weak. With the recent rate hike by the FED, inflation is probably showing a huge difference down. Todays down in Gold was probably just a corection to take out stop losses and will continue its uptrend. Considering Gold futures that jumped to 2000 on Thursday because of roll overs, we can expect gold to go above 2000 eventually.
  • #14,194
  • Aug 1, 2023 1:50pm Aug 1, 2023 1:50pm
Quoting Eren10
{quote} This graph looks scary as lower bound is around 1850
Considering the last PMI numbers at 3 July, gold gained quite a lot in the days after that. We could see the same pattern again after today.

If DXY move below 102, we can expect a great fall for DXY.
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  • #14,195
  • Aug 1, 2023 1:54pm Aug 1, 2023 1:54pm
Quoting JackR
{quote} Well today PMI for the Dollar was weak. With the ecent rate hike by the FED, inflation is probably showing a huge difference down. Todays down in Gold was probably just a corection to take out stop losses and will continue its uptrend. Considering Gold futures that jumped to 2000 on Thursday because of roll overs, we can expect gold to go above 2000 eventually.

I didn’t follow or know anything about Futures. Nevertheless I checked on internet and I saw now ~ 1980 for December 2023. I assume then they are pricing for December 2023 ?
  • #14,196
  • Aug 1, 2023 1:57pm Aug 1, 2023 1:57pm
Quoting Eren10
{quote} I didn’t follow or know anything about Futures. Nevertheless I checked on internet and I saw now ~ 1980 for December 2023. I assume then they are pricing for December 2023 ?
Correct. The futures show a great up for Gold through out next year as well, above 2103 for Oct 2024.

https://www.marketwatch.com/investing/future/gc00
  • #14,197
  • Aug 1, 2023 2:08pm Aug 1, 2023 2:08pm
Quoting Eren10
{quote} I didn’t follow or know anything about Futures. Nevertheless I checked on internet and I saw now ~ 1980 for December 2023. I assume then they are pricing for December 2023 ?
Hi Eren if Gold takes out the todays low look for buys between 1940/35 area for buys, PS -- it doesnt need that drop as it grabbed Liquidity today
  • #14,198
  • Aug 1, 2023 2:12pm Aug 1, 2023 2:12pm
Quoting Howdenj
{quote} Looks like a RESET now..... ...One thing you will like is that ...There is a tiny gap at 1986.50 that is not filled, these gaps aren't shown on Tradingview because it paints over them however they are almost like algorithmic markers and i've not known one not to get filled {image}
Now pa acting as normal daily tf, and so may towards previous high and at this bottoming may not neccessary perfect. May still little down below 1953.65 as abc down in bear set up. Anyway pa now as bottoming to see if overcome and hold 1953.65 easily or not! All gaps not neccessary be filled!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #14,199
  • Aug 1, 2023 2:21pm Aug 1, 2023 2:21pm
Quoting JackR
{quote} Correct. The futures show a great up for Gold through out next year as well, above 2103 for Oct 2024. https://www.marketwatch.com/investing/future/gc00
Thanks for the info. So Futures see higher prices. However, the monthly range's are sometimes around 100$. So the price can still go to 1900 or even 1850's and then go up again to 2000.

I can't confirm your PMI claim as I don't remember why the price moved Maybe good idea to write the main price mover.
  • #14,200
  • Aug 1, 2023 2:24pm Aug 1, 2023 2:24pm
Quoting aahmad29
{quote} Buy 1972 TP 1982 Buy 1963 TP 1972 Sell 1945 TP 1935 Sell 1952 TP 1942 Sell 1962 TP 1952 ( Hit TP) Buy Limit 1918 TP 1928 Buy Limit 1922 TP 1932 Buy Limit 1932 TP 1942 Buy Limit 1952 TP 1962 Buy Limit 1942 TP 1952
Buy 1972 TP 1982
Buy 1963 TP 1972
Buy 1972 TP 1982
Sell 1945 TP 1935
Sell 1952 TP 1942 (Hit TP)


Buy Limit 1918 TP 1928
Buy Limit 1922 TP 1932
Buy Limit 1932 TP 1942
Buy 1952 TP 1962
Buy 1942 TP 1952
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