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  • #28,901
  • Mar 20, 2024 9:05am Mar 20, 2024 9:05am
Quoting dantpm
{quote} Good Call!
Thank you! Next one. For the moment no other signal on all TF
  • #28,902
  • Mar 20, 2024 9:09am Mar 20, 2024 9:09am
Quoting babayaga
{quote} imo, one hundred pips move for gold is routine.., but
Arghhhhh. 2165 touched. Just 10 minutes later. Gold is the king
  • #28,903
  • Mar 20, 2024 9:17am Mar 20, 2024 9:17am
Quoting RemsElieFr
{quote} Arghhhhh. 2165 touched. Just 10 minutes later. Gold is the king
I have a suspicion that it will pullback down a lot faster than it went up as well.
  • #28,904
  • Mar 20, 2024 9:25am Mar 20, 2024 9:25am
Quoting Markyboi
{quote} I have a suspicion that it will pullback down a lot faster than it went up as well.
That's why I am not trading today because if there will not be any major impact of FOMC today the institutional will try to crush buyers and sellers along with before the FOMC. So stay away and wait patiently for the FOMC result out and hunt the stress free pips after that.We need to save our account because FOMC is not a opportunity for the traders but super killing zone. So Trade safe buddies
  • #28,905
  • Mar 20, 2024 9:29am Mar 20, 2024 9:29am
increased volatility pre FOMC
216x could at least bring some short term gains for bears.
ma ma make me happy
  • #28,906
  • Mar 20, 2024 9:29am Mar 20, 2024 9:29am
Quoting Markyboi
{quote} I have a suspicion that it will pullback down a lot faster than it went up as well.
1st rule of trading. Never assume. It will make ASS of U and Me if u assume. If u miss the entry, just treat it as a discipline
Trading is very lonely
  • #28,907
  • Mar 20, 2024 9:36am Mar 20, 2024 9:36am
Quoting luckytujuh
{quote} 1st rule of trading. Never assume. It will make ASS of U and Me if u assume. If u miss the entry, just treat it as a discipline
Noted..... I did also miss the entry as well, typical
  • #28,908
  • Mar 20, 2024 9:42am Mar 20, 2024 9:42am
Quoting Markyboi
{quote} Noted..... I did also miss the entry as well, typical
It is okay to miss. That move might just be the liquidity grab. Or might not be, we cannot assume whats going to happen. It may still tap 2195 or just drop. But if it were to drop. Be it fomc or not, it might be a corrective move to 2080. Anything can happen. Because banks might play with retails and dump their buys and switch to sell everything, fearing that powell might increase rates. This might happen
Trading is very lonely
  • #28,909
  • Mar 20, 2024 9:45am Mar 20, 2024 9:45am
Quoting parveenverma
{quote}That's why I am not trading today because if there will not be any major impact of FOMC today the institutional will try to crush buyers and sellers along with before the FOMC. So stay away and wait patiently for the FOMC result out and hunt the stress free pips after that.We need to save our account because FOMC is not a opportunity for the traders but super killing zone. So Trade safe buddies
I do agree with this statement.... These types of days can be the most rewarding, at the same time most soul destroying too. Trade safe people.
  • #28,910
  • Mar 20, 2024 9:47am Mar 20, 2024 9:47am
Quoting Markyboi
{quote} Noted..... I did also miss the entry as well, typical
This is a seller driven market at the moment, if you see that sellers are hesitant (due to FOMC or whatever), then consider placing your sell order as early as possible.
ma ma make me happy
  • #28,911
  • Mar 20, 2024 9:52am Mar 20, 2024 9:52am
Quoting hanzohas
{quote} This is a seller driven market at the moment, if you see that sellers are hesitant (due to FOMC or whatever), then consider placing your sell order as early as possible.
Not at all. It is a choppy market at the moment. Chinese bank are behind the gold the last days and will not let the FED kill the gold. So, I do not advise buying gold but even less on taking short.
  • #28,912
  • Mar 20, 2024 9:58am Mar 20, 2024 9:58am
Quoting RemsElieFr
{quote} Not at all. It is a choppy market at the moment. Chinese bank are behind the gold the last days and will not let the FED kill the gold. So, I do not advise buying gold but even less on taking short.
I was writing to a seller, as a seller, and referenced to other sellers. You don't fit in to this conversation champ
ma ma make me happy
  • #28,913
  • Mar 20, 2024 10:04am Mar 20, 2024 10:04am
Quoting RemsElieFr
{quote} But I'm looking at you, go ahead!
here I am..,
usually scalping gold for four, crude for five and cable for two pips.., then I can enter with 30/50-TP/SL.., or manually without TP&SL
nothing extraordinary

dolce vita
  • #28,914
  • Mar 20, 2024 10:40am Mar 20, 2024 10:40am
we calling a trap... I can't workout... because I love you so much baby...-elvis Presley
what happened to gold guys... getting crazy already... hahaha..hu ha hu ha... the market still in ranging mode.. fomc going to drive gold bullish coz there will be no rise/cut on interest rate.. after that is what I'm concerned... either she'll going back for bullish trend or just making a spike and going back making a new bearish trend...
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  • #28,915
  • Mar 20, 2024 10:45am Mar 20, 2024 10:45am
forget about 5m..
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  • #28,916
  • Mar 20, 2024 11:20am Mar 20, 2024 11:20am
Price already mentions something. Trade safe
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Look right, we'll see the signs
  • #28,917
  • Mar 20, 2024 11:28am Mar 20, 2024 11:28am
Quoting hanzohas
increased volatility pre FOMC 216x could at least bring some short term gains for bears.
What is the expected mouvement of Gold if interest rate does not change after publication today?
Down or up?
  • #28,918
  • Mar 20, 2024 11:32am Mar 20, 2024 11:32am
Quoting Zaatar
{quote} What is the expected mouvement of Gold if interest rate does not change after publication today? Down or up?
I think if interest rates remain unchanged after today's publication, the movement of gold could depend more on other economic indicators, geopolitical events, inflation expectations, and market sentiment. But I've also seen due to uncertainty, it tends to Rise, Spike up...

Please correct me if I am wrong
  • #28,919
  • Mar 20, 2024 11:44am Mar 20, 2024 11:44am
Quoting Mak0001
{quote} I think if interest rates remain unchanged after today's publication, the movement of gold could depend more on other economic indicators, geopolitical events, inflation expectations, and market sentiment. But I've also seen due to uncertainty, it tends to Rise, Spike up... Please correct me if I am wrong
Its either HAWKISH good for dollar weak gold OR DOVISH bad dollar strong gold. So we wait for statement
average dude treading water
  • #28,920
  • Mar 20, 2024 11:57am Mar 20, 2024 11:57am
Gold bears be very careful over the news please.
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