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  • #43,621
  • Sep 20, 2024 3:45am Sep 20, 2024 3:45am
Risky But valuable , if work .
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Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #43,622
  • Sep 20, 2024 3:45am Sep 20, 2024 3:45am
Quoting axecap
Maybe 2630. H1 {image}
Looks probable.
  • #43,623
  • Sep 20, 2024 3:46am Sep 20, 2024 3:46am
Quoting PushnPull
{quote} conservatively, 2602 should be my take profits. But since the sentiment is quite supportive, let's the price running for a while, it could be 2633. Anything big can happen when US open, maybe a drop like yesterday.
True, Just let profit run, inch higher and higher to 2630 level. Just curious why 2633?
SPOT GOLD ROSE BY 1% INTRADAY, CURRENTLY AT $2612.48/OZ
  • #43,624
  • Sep 20, 2024 3:48am Sep 20, 2024 3:48am
Quoting Serve
Gold will hit 3k by December (Pin this). From next year the price action will remain above 3k.
Hope you got this pinned. The Feds will still cut the rates by 25points. They are targeting 4% by end of Year. Long term buy will def win.
Look ahead. Reste positif
  • #43,625
  • Sep 20, 2024 3:48am Sep 20, 2024 3:48am
Quoting Silver-King
{quote} So, somewhat higher than 2650$? Okay, thanks!
Could be anywhere from 2640-27XX on an extension overthrow of a 3 month Trend line. Id probably start adding lightly around 2640 and keep that window for adding open until high 26XX. I dont think it happens today by the way, i think price is almost cooked for this week. I dont trade fridays anyway, but will make a move if I see these levels hit.
TechKnow
  • #43,626
  • Sep 20, 2024 3:49am Sep 20, 2024 3:49am
Quoting Pranjal
{quote} 2600 đă xong. Tôi không c̣n lạc quan về vàng nữa. Chúng ta đang ở gần đỉnh của năm nay. 2620-2630 sẽ đánh dấu sự kết thúc của đợt sóng thứ 5 này. Sau đó, chúng ta sẽ có một đợt điều chỉnh lành mạnh. 2300-2350. Có thể. Chúc bạn một ngày tuyệt vời
I was expecting that too but I see that since October 6th 2385 has become a solid wall.
  • #43,627
  • Sep 20, 2024 3:50am Sep 20, 2024 3:50am
Quoting Silver-King
{quote} Hihihi I don't know how this pattern is called, but I see it every so often... (not Bull flag, but this pattern before it). {image}
This pattern should be complete/d (soon). I have zero clue what kind of pattern we are in right now, but I remain Bullish.
  • #43,628
  • Sep 20, 2024 3:50am Sep 20, 2024 3:50am
Quoting HalikiqeoVN
{quote} I was expecting that too but I see that since October 6th 2385 has become a solid wall.
2390$ is Monthly Support for October.
  • #43,629
  • Sep 20, 2024 3:54am Sep 20, 2024 3:54am
Quoting Serve
{quote} Hope you got this pinned. The Feds will still cut the rates by 25points. They are targeting 4% by end of Year. Long term buy will def win.
By which time we will both retire! Am I right or am I right?
  • #43,630
  • Sep 20, 2024 3:54am Sep 20, 2024 3:54am
Its overbought now.
Looking for profitable short term trades ...|
  • #43,631
  • Sep 20, 2024 3:55am Sep 20, 2024 3:55am
Someone just took some profit out
  • #43,632
  • Sep 20, 2024 3:55am Sep 20, 2024 3:55am
Quoting Techknow
{quote} Could be anywhere from 2640-27XX on an extension overthrow of a 3 month Trend line. Id probably start adding lightly around 2640 and keep that window for adding open until high 26XX. I dont think it happens today by the way, i think price is almost cooked for this week. I dont trade fridays anyway, but will make a move if I see these levels hit.
Next Weekly candle will be very interesting. I expect a doji followed by another decent Weekly candle up, but we'll see...
  • #43,633
  • Sep 20, 2024 3:56am Sep 20, 2024 3:56am
Quoting Js3mwtRc
Its overbought now.
Hahaha, yeah. However, JPY was oversold for months!
  • #43,634
  • Sep 20, 2024 3:57am Sep 20, 2024 3:57am
Everyone is talking about fed rate cuts and going up but one day if we have a hard drop everyone will say, yes fed cuts were already expected for months so buy the humor sell the news friends it's that simple!
BUZZ
  • #43,635
  • Sep 20, 2024 3:57am Sep 20, 2024 3:57am
H1
W&R forming?
We watch the charts from every angle so you don't have to!!
  • #43,636
  • Sep 20, 2024 3:59am Sep 20, 2024 3:59am
Quoting buzzmert
Everyone is talking about fed rate cuts and going up but one day if we have a hard drop everyone will say, yes fed cuts were already expected for months so buy the humor sell the news friends it's that simple!
Celente said that had the Fed cut by 25bps, that the Gold would have dropped by 100$ after which it would start recovering and I believe that would be the case.
  • #43,637
  • Sep 20, 2024 3:59am Sep 20, 2024 3:59am
Quoting pedro319
H1 W&R forming?
whats W&R again ?
  • #43,638
  • Sep 20, 2024 4:00am Sep 20, 2024 4:00am
Quoting SnakeDok
Someone just took some profit out
Or someone is impatient with the Shorts which means even higher prices ahead.
  • #43,639
  • Sep 20, 2024 4:01am Sep 20, 2024 4:01am
Quoting buzzmert
Everyone is talking about fed rate cuts and going up but one day if we have a hard drop everyone will say, yes fed cuts were already expected for months so buy the humor sell the news friends it's that simple!
Buy the humour love it!
sell the rumour
Its all just one persons opinion
  • #43,640
  • Sep 20, 2024 4:02am Sep 20, 2024 4:02am
Quoting Silver-King
{quote} Next Weekly candle will be very interesting. I expect a doji followed by another decent Weekly candle up, but we'll see...
It definitely could be. As time goes by, this line is moving up, making the target higher. Due to the size and length of the Trend line it would be easy to see an overthrow could take us to 27xx or more. This is why its imperative to see how the candles react in that area and zoom down for a proper entry.
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TechKnow
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