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  • #31,221
  • Apr 16, 2024 6:11am Apr 16, 2024 6:11am
Quoting tuga74
What I'm thinking of {image}
nop
  • #31,222
  • Apr 16, 2024 6:42am Apr 16, 2024 6:42am
Quoting tuga74
What I'm thinking of {image}
Trying to pick a top is dangerous idea.
How you exit from trades, is all that matters..
  • #31,223
  • Apr 16, 2024 7:07am Apr 16, 2024 7:07am
Silver and copper are exhausted.
For gold as well we enter a period of short swing
  • #31,224
  • Apr 16, 2024 7:10am Apr 16, 2024 7:10am
Quoting Bibin221
{quote} Trying to pick a top is dangerous idea.
Nothing is riskier than buying into HHs.

Ultimate high risk low reward scenario.
ma ma make me happy
  • #31,225
  • Apr 16, 2024 7:31am Apr 16, 2024 7:31am
Quoting Mcbeaners
dxy is a "volume profile" high value point, so could top out (reverse) here. what wll that do with gold? they both have been going up of late.
dollar does look toppy here. just observation. now gold will be interesting to see how it trades.
In tea leaves we trust!
  • #31,226
  • Apr 16, 2024 8:17am Apr 16, 2024 8:17am
Quoting DatRikFX
I have alerts set around 2365 area. Nice area for it to dip into with isreal threat of counter attack still in play. Market will range about until we have a better idea of what the counter attack is 2327 will be bigger lot size buys if it dips in further
bagged my profits and done for the day
  • #31,227
  • Apr 16, 2024 8:30am Apr 16, 2024 8:30am
Quoting Ferna
{quote} Out at 2380. Trying a smaller short here.
Added more shorts at 2387.
You have an IQ lower than 90 if you interact with this user.
  • #31,228
  • Apr 16, 2024 9:46am Apr 16, 2024 9:46am
first channel, then breakout imo...

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
ma ma make me happy
  • #31,229
  • Apr 16, 2024 10:04am Apr 16, 2024 10:04am
Quoting hanzohas
first channel, then breakout imo... {image}
interesting
why do you think that?
  • #31,230
  • Apr 16, 2024 10:12am Apr 16, 2024 10:12am
Fed Chair Powell Speech will make the gold down in short term
  • #31,231
  • Apr 16, 2024 10:15am Apr 16, 2024 10:15am
Sell XAUUSD
Think longterm not shortterm
  • #31,232
  • Apr 16, 2024 10:20am Apr 16, 2024 10:20am
Quoting Scalper-N
{quote} interesting why do you think that?
I am expecting a reversal, but I don't see any reason for a fast drop, but who knows.
ma ma make me happy
  • #31,233
  • Apr 16, 2024 10:23am Apr 16, 2024 10:23am
Quoting Ntchindi
Sell XAUUSD
I am buying it with tight SL
  • #31,234
  • Apr 16, 2024 10:26am Apr 16, 2024 10:26am
I am expecting a new higher high and today we might see one
  • #31,235
  • Apr 16, 2024 10:27am Apr 16, 2024 10:27am
Find clues within FED speech to see where market direction is heading.
  • #31,236
  • Apr 16, 2024 10:29am Apr 16, 2024 10:29am
Quoting hanzohas
{quote} I am expecting a reversal, but I don't see any reason for a fast drop, but who knows.
im expecting it too for weeks. But why do you think it will start now? Maybe we can help us thinking about…
  • #31,237
  • Apr 16, 2024 10:42am Apr 16, 2024 10:42am
Quoting Mcbeaners
{quote} dollar does look toppy here. just observation. now gold will be interesting to see how it trades.
nice pop and drop on the dollar... is it cooked? sure looks like it.
In tea leaves we trust!
  • #31,238
  • Apr 16, 2024 10:53am Apr 16, 2024 10:53am
J Powell is clearly hawkish, we may see only one rate cut this year that too in September or December, or no rate cut at all, let’s see how gold reacts now.
  • #31,239
  • Apr 16, 2024 11:09am Apr 16, 2024 11:09am
Quoting Mcbeaners
{quote} nice pop and drop on the dollar... is it cooked? sure looks like it.
nice drop in the dollar, wasn't sure how gold would respond, it appears up baby up.

spx also up well.
In tea leaves we trust!
  • #31,240
  • Apr 16, 2024 11:10am Apr 16, 2024 11:10am
Quoting GK12
J Powell is clearly hawkish, we may see only one rate cut this year that too in September or December, or no rate cut at all, let’s see how gold reacts now.
I think gold does not care what Powell says
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