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  • #42,201
  • Sep 11, 2024 8:38pm Sep 11, 2024 8:38pm
h4
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vankiepsauff@gmail
  • #42,202
  • Sep 11, 2024 8:46pm Sep 11, 2024 8:46pm
GM,
Yesterday setup remains, slowly but valid.
long @ 2515
target 2524 minimum.
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  • #42,203
  • Sep 11, 2024 10:16pm Sep 11, 2024 10:16pm
Going long in gold is a risk by every magnitude, it is already in a sell mode from 2521, please avoid long positions. I know what i am saying.
  • #42,204
  • Sep 11, 2024 10:17pm Sep 11, 2024 10:17pm
Quoting Zebi
{quote} read bflyfx and pedro319 comments ...i think they're 6 years old the way they start fights
I only follow traders with IQ above 160
Challenge Tour All Time Return: 1,004.1%
  • #42,205
  • Sep 11, 2024 10:17pm Sep 11, 2024 10:17pm
Resistance is still at 2519$ - 2520$.
28.78$ for the Silver.
  • #42,206
  • Sep 11, 2024 10:29pm Sep 11, 2024 10:29pm
Quoting Whale
GM, Yesterday setup remains, slowly but valid. long @ 2515 target 2524 minimum. {image}
Thx for the tip & chart.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #42,207
  • Sep 11, 2024 10:40pm Sep 11, 2024 10:40pm
Quoting WhoDunIt
{quote} I do not follow Gold or Silver as well as you do and sincerely appreciate the advice and insight that you give as it is not always correct, but it is always your perception and seems to be from the head most often and not from the heart. Would you consider or maybe you do already, sharing these insights of yours with a little detail regarding your thought process for a small monthly fee? If I may suggest that you charge $5 per month per subscriber for what you are already sharing freely, I would be sure to join that email list. Thanks for...
Hey!

If this post was really meant for me, well thank you!

Look, everything I share is free and it'll remain that way. The reason why is that I won't have any pressure when sharing the analysis and my thoughts about it and if I'm wrong, I'm wrong. I'm also nothing special and have been wrong more than right lately as you already noticed hahaha. If I, however have followers that rely on my analysis, well I don't have time for that as I have a job. I'd love it if I could stare at the charts for the whole day and really think about price action and what it is trying to tell me, but I just don't unfortunately.

However, thanks for the advice! Perhaps if the future proves to be better... maybe I can start some blog or something, will see...

As for the analysis for the Gold and the Silver and thoughts about it... I will continue posting here.
Thanks again!
  • #42,208
  • Sep 11, 2024 10:42pm Sep 11, 2024 10:42pm
I'm going to risk some Shorts here at Resistance (last). As far as I can see the H4 candle didn't provide the wick to the downside, right?
  • #42,209
  • Sep 11, 2024 10:54pm Sep 11, 2024 10:54pm
Quoting Silver-King
I'm going to risk some Shorts here at Resistance (last). As far as I can see the H4 candle didn't provide the wick to the downside, right?

in my humble opinion..no sense to go short if there is no certain drop. Looks like whatever happened - is going to the north (doesn't matter CPI or whatever). I've lost on shorts and I think no sense so far go for it - or if you just want risky catch some scalp. for me not worth it. Bears seems not existing in this scenario. What they do sometimes bringing back a bit down. Gold is just reaching level by level not going backwards as any of logic.

all scenarios from few days ago about drop as hell are simple not in action at all.
  • #42,210
  • Sep 11, 2024 10:56pm Sep 11, 2024 10:56pm
Quoting WhoDunIt
{quote} I do not follow Gold or Silver as well as you do and sincerely appreciate the advice and insight that you give
I second that. Absolutely.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #42,211
  • Sep 11, 2024 11:04pm Sep 11, 2024 11:04pm
Oh god,

Finally able to post here again!

So let’s have a quick breakdown of the week so far.

Personally holding longs from 2510 NY yesterday if 4H fails to close above 2520 AGAIN will take profits and re-enter after convincing PA.

Looks like all correction is done and we on our ways to new all time highs again.

On the fundies side, yesterday’s headline inflation reading was surprising to say the least, quite a big jump in a month. Feels like they’re papering over the cracks again and setting up the feds for a rate cut of just 25bps coz anything more could have some red reactions on the markets.

Let me just say that it’s great to be back here again, missed you all. See some old faces and loads of new faces!

SilverKing I’m watching you and your fundies analysis, I took pride in my fundies analysis here on the thread but looks like you’re gonna give me a run for my money. Love it!

Hope everyone has a great week ahead, let’s make some money!
  • #42,212
  • Sep 11, 2024 11:26pm Sep 11, 2024 11:26pm
Quoting goldenwizard
people can start an argument like a child but if one responded in the same way or worst doesn't that mean you're even more immature? lol. also, what a crybaby


I truly love the haters!
They are my "Raison d'etre", I welcome them and encourage them to become better and better. I like a good challenge which I don't get most of the time.
We watch the charts from every angle so you don't have to!!
  • #42,213
  • Sep 11, 2024 11:29pm Sep 11, 2024 11:29pm
scalp short at 2520.9
vankiepsauff@gmail
  • #42,214
  • Sep 11, 2024 11:39pm Sep 11, 2024 11:39pm
Quoting Robin.
{quote} in my humble opinion..no sense to go short if there is no certain drop. Looks like whatever happened - is going to the north (doesn't matter CPI or whatever). I've lost on shorts and I think no sense so far go for it - or if you just want risky catch some scalp. for me not worth it. Bears seems not existing in this scenario. What they do sometimes bringing back a bit down. Gold is just reaching level by level not going backwards as any of logic. all scenarios from few days ago about drop as hell are simple not in action at all.
2415$ - 2515$ looks good for Long it seems.
  • #42,215
  • Sep 11, 2024 11:45pm Sep 11, 2024 11:45pm
The chart provides a 4-hour view of Gold (XAU/USD) ahead of today’s PPI (Producer Price Index) news. Gold is trading within a well-established range, with key resistance around 2,540 and support near 2,480. The price is currently near the top of the range, suggesting a potential breakout if bullish momentum continues. The PPI news release could trigger volatility, and if positive for gold, it may push prices above resistance, targeting the 2,560 level. Alternatively, a rejection at resistance could see a return to the lower boundary of the range around 2,480.
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  • #42,216
  • Sep 11, 2024 11:48pm Sep 11, 2024 11:48pm
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Contrarian
  • #42,217
  • Sep 11, 2024 11:52pm Sep 11, 2024 11:52pm
Quoting Silver-King
{quote} 2415$ - 2515$ looks good for Long it seems.
Let's see though it is where the 0.681% ret is coming but I highly suspect a liquidity sweep under the 2511 level and then rise
  • #42,218
  • Sep 11, 2024 11:56pm Sep 11, 2024 11:56pm
Quoting d1zzy
Oh god, Finally able to post here again! So let’s have a quick breakdown of the week so far. Personally holding longs from 2510 NY yesterday if 4H fails to close above 2520 AGAIN will take profits and re-enter after convincing PA. Looks like all correction is done and we on our ways to new all time highs again. On the fundies side, yesterday’s headline inflation reading was surprising to say the least, quite a big jump in a month. Feels like they’re papering over the cracks again and setting up the feds for a rate cut of just 25bps coz anything...
H4 is going to close again below 2520$ hahaha . Perhaps the other H4 will close above, who knows... As or the CPI number (I'll just leave it at that).
I believe it's going to be 50bps cut next week. Jobs revision was horrendous and CPI fell sharply to 2.5% from 2.9%. The next meeting is after US selections and cutting big after the selections will look weird.

Thanks haha, but I ain't that good!
  • #42,219
  • Sep 11, 2024 11:56pm Sep 11, 2024 11:56pm
When i see that forming on the 4H i get excited for the coming days

Attached Image (click to enlarge)
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  • #42,220
  • Sep 11, 2024 11:57pm Sep 11, 2024 11:57pm
Pretty high impact news today. Anyone here using fundamentals? I want to expand my knowledge in more fundamental trading. Any insights here?
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