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Gold

Quoting GPChannels
{quote} inline with my plan {image}
reaching the sweetspot, considering to add a sell position in here.

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Gold Price Channels
Quoting dilidanjaro
{quote} no way.. i was collecting only swaps because i was shorting all the 4h candles {image}
you mean micro swaps...
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If we do get a wick down, what price do you folks have in mind?
My path goes H4 from 2532 to 2472, chart later
edit 09:33 MRSZ 2545 tolerated
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edit 12:10 MESZ
XAUUSD H4 CPI 04-08/24
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XAUUSD H4 Goal
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Quoting Isabella_D
My path goes H4 from 2532 to 2472, chart later
Another failure? I don't know about this time... doesn't look like it, but there's always the chance...

We should get at least a wick down because CPI should come out higher than 2.5% forecast in my opinion, however it could be short-lived.
Divergence on the WEEKLY and on the DAILY TF's

Price action is still bullish until it stops being so

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THT
Quoting HalikiqeoVN
{quote} Trong ṿng 12-16 giờ tới, vàng có thể đạt đến vùng 2530. Tiếp theo, chúng ta sẽ chờ thêm dữ liệu.
Gold prices move according to the Ichimoku cloud. With strong support in the weekly frame, I think gold is likely to stay above 2555 for at least 20 hours. It is currently quite difficult to quickly reduce the price of gold. but after the 17th the Bears will have the advantage.
Maybe Gold wants to fly today if CPI data helps.
Quoting NrSLionHeart
So basically everyone thinks that the market is going up and consequently they will buy. And when everyone buys, where do you think the price will go ???
SkY is the Limit!!
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,960
Lots of people bullish. So I’m shorting. Will remove my lower shorts 2514 and 2517 with partial profit from higher shorts

closing most before news
Quoting Zebi
{quote} why does my going short bother you so much... T721 was kind enuf to give you the use of his new cable and stuff thread but here you are shitting and dirtying up this place???? you idiots arent happy anywhere...how many rooms have kicked you all out besides ATA? tell your buddy to start his own thread on FF and he can keep out anyone he dislikes instead of trying to steal FF members to his twitter account
My friend who is a surgeon will perform this one for half price.
Google it.
Anoplasty

Quoting pedro319
2525 is excellent level to collect some!!
What?? you take profits???
not waiting for price to go back down to take out your stops

Quoting dilidanjaro
{quote} no way.. i was collecting only swaps because i was shorting all the 4h candles {image}
you taking profits too??? crazy
Challenge done! 50.000%
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Quoting Silver-King
Nếu chúng ta có được một bấc, các bạn nghĩ giá bao nhiêu?
I am a bear but remove all news and psychology and just look at technicals, Ichimoku daily chart is too clear for strong gold price increase this week. I think price can reach 2575 and move around this area for a few days before going down.
Quoting Bflyfx
{quote} My friend who is a surgeon will perform this one for half price. Google it. Anoplasty {quote} What?? you take profits??? not waiting for price to go back down to take out your stops {quote} you taking profits too??? crazy
Yeah just this time.
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BTC
50.00 seems most probable destination
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Quoting Silver-King
{quote} Another failure? I don't know about this time... doesn't look like it, but there's always the chance... We should get at least a wick down because CPI should come out higher than 2.5% forecast in my opinion, however it could be short-lived.
Definitely higher than 2.5 the forecast is a manipulation for liquidity grab imo

Quick rally on the dxy and a plunge on gold before correction after NYSE opens, the usual play.

In a situation that it does come below 2.5 would be crazy, like market shattering crazy lol
Fate goes ever, as fate must.
Quoting determinato
{quote} Definitely higher than 2.5 the forecast is a manipulation for liquidity grab imo Quick rally on the dxy and a plunge on gold before correction after NYSE opens, the usual play. In a situation that it does come below 2.5 would be crazy, like matter shattering crazy lol
Indeed!
Quoting HalikiqeoVN
{quote} I am a bear but remove all news and psychology and just look at technicals, Ichimoku daily chart is too clear for strong gold price increase this week. I think price can reach 2575 and move around this area for a few days before going down.
Seems to be the case and H4 is about to close above 2520$.
Quoting User123
Lots of people bullish. So I’m shorting. Will remove my lower shorts 2514 and 2517 with partial profit from higher shorts closing most before news
if i see a rise me shorting too. But the risk is still there, almost wet my pant few hour ago
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,960
Quoting hanzohas
If this doesn't make you go achtung, then I wish mercy on your soul. {image}
Quoting hanzohas
{quote} ma ma ma make me happy - like a boss {image} {image}
Another achtung moment in build. Last time I shorted @ 2515 and it went all the way down to 2470.

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ma ma make me happy
Quoting GODofMC
{quote} if i see a rise me shorting too. But the risk is still there, almost wet my pant few hour ago
Reduced my risk for sure!
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