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  • #14,781
  • Aug 4, 2023 8:34am Aug 4, 2023 8:34am
1944 is providing resistance to the bulls.
  • #14,782
  • Aug 4, 2023 8:37am Aug 4, 2023 8:37am
Closed my long manually at 41. Sell order place at 47, let's see if it hits before market close. Got a cricket match tonight in this peak humidity, wish me luck

Hope everyone closes in blue, cheers to the weekend!
  • #14,783
  • Aug 4, 2023 8:38am Aug 4, 2023 8:38am
Quoting Xauusdscalpr
{quote} PLEASE use google translate or speak proper english I give myself an aneurysm trying to understand half the posts on here.
should I buy you a movie ticket or rather an ice cream? You seem bored, troll.

I have known Fontu for over 10 years, he is one of the most talented analysts, reliable and friendly.
Even if he didn't use any words, his pics and numbers are self-explanatory.

Give your bird some fresh water.
  • #14,784
  • Aug 4, 2023 8:51am Aug 4, 2023 8:51am
Bond yields (30y, 10y, 2y) have finally calmed down.
Falling yields = no investment competition for gold.

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  • #14,785
  • Aug 4, 2023 9:00am Aug 4, 2023 9:00am
Quoting Isabella_D
{quote} should I buy you a movie ticket or rather an ice cream? You seem bored, troll. I have known Fontu for over 10 years, he is one of the most talented analysts, reliable and friendly. Even if he didn't use any words, his pics and numbers are self-explanatory. Give your bird some fresh water.
Woke up on the wrong side of the bed? All I said was for him to speak coherent English

Then again, you switched your analysis from 1920 a few days ago to now being on the bull-case just because of an NFP print, very odd thing to do given this isn't enough of a catalyst for sentiment to change from being bearish overall on Gold and Bullish on DXY
  • #14,786
  • Edited 9:31am Aug 4, 2023 9:01am | Edited 9:31am
Quoting Xauusdscalpr
{quote} PLEASE use google translate or speak proper english I give myself an aneurysm trying to understand half the posts on here.
Sorry for your inconveniences , better try to understand the chart if any help or simply ignore if not understand the chart also ! take care

anyway waiting correction below 1940.36 tp to long next for 1944 test and breaks! even cag without that level , but expecting by 2 legs down there to real bounce . overall bull leg / correction up to down further or crazy up to down more possible scenarios ! take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #14,787
  • Aug 4, 2023 9:42am Aug 4, 2023 9:42am
Quoting Xauusdscalpr
{quote} Woke up on the wrong side of the bed? All I said was for him to speak coherent English Then again, you switched your analysis from 1920 a few days ago to now being on the bull-case just because of an NFP print, very odd thing to do given this isn't enough of a catalyst for sentiment to change from being bearish overall on Gold and Bullish on DXY
In this game you have to be able to shift analysis in a heartbeat... i get it wrong plenty but when i am wrong i know it and re-evaluate. You cant have a one track mind when you wrong get the hell out and adapt... Sorry it didnt get to the desired level but had you of scaled in small with multiple positions you would well in profits now.
Nobody will catch the exact bottom or top.... yeah i have done it a few times but only coz i scale in . Anyway hope it helps you i am not trying to be nasty
  • #14,788
  • Aug 4, 2023 10:00am Aug 4, 2023 10:00am
Heavy in Gold sells here, guaranteed to go down based on price action, 4h candle is weak bullish, 1h candle is weak, this is nailed on to hit 1930 before it even touches 1947 and 1947 is far closer.
  • #14,789
  • Aug 4, 2023 10:21am Aug 4, 2023 10:21am
Quoting Xauusdscalpr
Heavy in Gold sells here, guaranteed to go down based on price action, 4h candle is weak bullish, 1h candle is weak, this is nailed on to hit 1930 before it even touches 1947 and 1947 is far closer.
now at 1940, looks like I was right

No charts with a bunch of lines on them, no incoherent language, just straight price action and skill of analysis.
  • #14,790
  • Aug 4, 2023 10:23am Aug 4, 2023 10:23am
Do you think gold can rise until 1950 before closing the market?
Do not get emotional when you gain or lose
  • #14,791
  • Aug 4, 2023 11:00am Aug 4, 2023 11:00am
Quoting mohrali
Do you think gold can rise until 1950 before closing the market?
0% chance
  • #14,792
  • Aug 4, 2023 11:13am Aug 4, 2023 11:13am
Quoting mohrali
Do you think gold can rise until 1950 before closing the market?
Hope not! If daily may try close over 1944 then just correct fast to bull try further. Today's 1948 target not meet, may next week! Lets see
Signal now 1940.60 for extend down towards 1937.59 or even down to up!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #14,793
  • Aug 4, 2023 11:21am Aug 4, 2023 11:21am
Quoting Xauusdscalpr
{quote} Woke up on the wrong side of the bed? All I said was for him to speak coherent English Then again, you switched your analysis from 1920 a few days ago to now being on the bull-case just because of an NFP print, very odd thing to do given this isn't enough of a catalyst for sentiment to change from being bearish overall on Gold and Bullish on DXY
I'm not ready to put up with this nonsense.
1. Read about the difference between day trading and swing. Because he exists.
2. Look here in the threads itself (several times about 1 week ago) which route I indicated that I wanted to run at XAUUSD. Yes, right, that was the elephant in my analysis. The difference from 1925.75 (achieved today) to 1920 (my longer term goal) This is the mouse. Understand the difference between a mouse and an elephant. Yesterday I had already closed 2/3 of my elephant position.
3. My actions would be driven solely by NFP. Impulse yes. No more, I already announced yesterday that I am building up new long positions. That's what I did today, just starting a little higher because the market didn't fall until 1920.
4. My only decision base would be the comparison to the USDIndex. No, if you look a #post higher, there are more candies from the box of economics.
5. If we're below 1930 on Monday I'll do a new analysis and this one (done in 1945, 1951,1963,1970) goes in the bin.
6. Since I'm only talking about a range here and not about my trading technique, it wouldn't be a total loss.
7. Always stay curious, but please don't keep me from work anymore.

Nice weekend @all
  • #14,794
  • Aug 4, 2023 11:28am Aug 4, 2023 11:28am
Closing this week with 10% profit but i am not really satisfied with progress because i have big DD and i was expecting to close it at minimum loss but couldn't do it.
It will affect next week profit percentage.

Have a nice week end and Good Luck for next week.
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Love for all; Hatred for none.
  • #14,795
  • Edited 11:59am Aug 4, 2023 11:29am | Edited 11:59am
Price still playing the Sweep Zone on internal structure One rejection at 1947... This is in line with COT banks are litterally neutral on Gold. My POV is 1950 Max and drop into lower range. 1925 to 1893 is institutional demand created recently but nothing backs up 1925 as significant.

IF you are short and holding be careful of a weekend GAP trap. Stops at 1960 ($10 Rule)
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  • #14,796
  • Aug 4, 2023 11:33am Aug 4, 2023 11:33am
Quoting Freddyfx
Going short here.

nice going..youre the only one with enough balls to go public with your shorts....after the close a whole slew of people will log on and claim they shorted too :LOL

https://giphy.com/gifs/america-fourt...-YfMHLC2s6okBq
short trump and go long the deepstate
  • #14,797
  • Aug 4, 2023 11:35am Aug 4, 2023 11:35am
Quoting Howdenj
Price still playing the Sweep Zone.. Should drop hard soon... This is in line with COT banks are litterally neutral on Gold. 1950 Max and drop into lower range. 1925 is institutional demand created recently but nothing backs it up as significant. {image}
Your "sweep zone" has already been swept price is going down now
  • #14,798
  • Aug 4, 2023 11:36am Aug 4, 2023 11:36am
Quoting Freddyfx
Going short here.

holy shit...only 20 posts in 4 hours after you shorted and brought down the market
short trump and go long the deepstate
  • #14,799
  • Aug 4, 2023 11:48am Aug 4, 2023 11:48am
us old timers used to ssay a close below the midpoint of a big candle is bearish...i wonder what the new fangled millenial phrase on youtube is for that now
short trump and go long the deepstate
  • #14,800
  • Aug 4, 2023 11:52am Aug 4, 2023 11:52am
Quoting Zebi
{quote} nice going..youre the only one with enough balls to go public with your shorts....after the close a whole slew of people will log on and claim they shorted too :LOL https://giphy.com/gifs/america-fourt...-YfMHLC2s6okBq

and the people posting their charts 5 hours or 3 days later cause theyll wait till sunday night to upload a screenshot of their fake trade
short trump and go long the deepstate
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