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  • #44,321
  • Sep 24, 2024 6:50pm Sep 24, 2024 6:50pm
Quoting luckytujuh
{quote} When price pops ath in daily it pops 100-200 pips. When it comes to weekly it pops 200-400 pips. When it comes to monthly it pops 500-1000 pips. Its creating ath all the time 2636 is not the good zone. Daily closed ath, weekly close ath again. Monthly havent close yet, yet price is still ranging in ath. You need to have the idea that price will pop again and possible aim a target of 2656 and above. See a clearer move. Else do not trade next week. If insist of trading. Just scalp 1 trade a day. 30-50 pips. Call it a day. There is zero clearer...

What i told pedro. Last week. Precisely why i said it will pop. And it will pop again.
Trading is very lonely
  • #44,322
  • Sep 24, 2024 9:19pm Sep 24, 2024 9:19pm
Quoting Whale
{quote} maybe the reversal is just in our head.
Haha, definitely. On the charts, there's not even a single candle that would suggest that the end of the rally is near.
  • #44,323
  • Sep 24, 2024 9:23pm Sep 24, 2024 9:23pm
Quoting dilidanjaro
{quote} i know who was riding the entire pullback on jpy.. that's why i know that i will ride the pullback on gold even better
Well done if you caught JPY reversal, however many tries were attempted before that hahaha.
What is your 6th sense suggesting about Gold and at which price it may start a pullback we're all anticipating?
  • #44,324
  • Sep 24, 2024 9:32pm Sep 24, 2024 9:32pm
Quoting Silver-King
{quote} Well done if you caught JPY reversal, however many tries were attempted before that hahaha. What is your 6th sense suggesting about Gold and at which price it may start a pullback we're all anticipating?
Indeed, it took 3 attempts glad it worked out well
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  • #44,325
  • Sep 24, 2024 9:57pm Sep 24, 2024 9:57pm
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Groundhog day.
  • #44,326
  • Sep 24, 2024 10:07pm Sep 24, 2024 10:07pm
Are we buying the dip if we buy now guys ?
  • #44,327
  • Sep 24, 2024 10:08pm Sep 24, 2024 10:08pm
Quoting OutThere
{image} Groundhog day.
Almost 2670$... if this continues like this until the US selections, we could see the Gold close to 3000$.

DXY Support I was talking about is nearing now that DXY is under 100. Support is somewhat below 99 (Main Monthly Support).
  • #44,328
  • Sep 24, 2024 10:14pm Sep 24, 2024 10:14pm
Quoting Silver-King
{quote} Almost 2670$... if this continues like this until the US selections, we could see the Gold close to 3000$. DXY Support I was talking about is nearing now that DXY is under 100. Support is somewhat below 99 (Main Monthly Support).
Precisely why i said last week. Just trade and take 30-50pips only. The entries are crazy. Its keep going up, if most traders really want to short and believe in the big fall. Just take those 50 pips and go and call it a day. Stop waiting for correction because. U need to see a bearish closure in weekly and monthly. Which hasnt happened yet. Get that in your head
Do not find a correction in smaller tf, it does not work.
Trading is very lonely
  • #44,329
  • Sep 24, 2024 10:19pm Sep 24, 2024 10:19pm
Gold is the new bitcoin.

Those holding it are hodling onto it.
  • #44,330
  • Sep 24, 2024 10:22pm Sep 24, 2024 10:22pm
Quoting luckytujuh
{quote} Precisely why i said last week. Just trade and take 30-50pips't only. The entries are crazy. Its keep going up, if most traders really want to short and believe in the big fall. Just take those 50 pips and go and call it a day. Stop waiting for correction because. U need to see a bearish closure in weekly and monthly. Which hasnt happened yet. Get that in your head Do not find a correction in smaller tf, it does not work.
I was also saying the rally isn't over and yeah we need some sign on higher TF first.

My head's fine buddy which is why I kept adding Longs on the Silver.

It could be when the Silver hits it's Monthly Resistance at 34$ - 35$ that a pullback could take place on PMs, but we'll see. They do correlate highly after all.
  • #44,331
  • Edited Sep 25, 2024 12:30am Sep 24, 2024 10:25pm | Edited Sep 25, 2024 12:30am
short at : 2662
Sl : 2666
Tp : 2657
-----------------
Add short at 2661
Sl : 2666
Tp : 2659(tp hit)
------------------
Add short at : 2660
Sl : 2664
Tp : 2658(tp hit)
  • #44,332
  • Sep 24, 2024 10:27pm Sep 24, 2024 10:27pm
Quoting OutThere
Gold is the new bitcoin. Those holding it are hodling onto it.
Dude gold is not a bitcoin. Gold is a natural asset. How many can you find on earth.

Whats the difference with bitcoin, you got plenty of money to waste. You can build a warehouse of rigs and mine bitcoin. Bitcoin can be generated by mining.

Can you generate gold bro. Even after ten generations of your family tree. The gold still only produce a small 0.001% amount in the core part of earth.
Trading is very lonely
  • #44,333
  • Sep 24, 2024 10:29pm Sep 24, 2024 10:29pm
Quoting Orand
short at : 2662 Sl : 2666 Tp : 2657
Dont bro. Wait for price to tap 2670 again and retest the zone. Atleast wait for 2 more H4 candles closure. I know youre looking at m5. But off limit that zone first
Trading is very lonely
  • #44,334
  • Sep 24, 2024 10:38pm Sep 24, 2024 10:38pm
Crypto's also good. However, BitCoin isn't Gold nor vice versa. BitCoin has it's own purpose and Gold has it's own purpose. The reason why Gold is safer is because it stood the test of time and can always be traded for anything and is physical.
  • #44,335
  • Sep 24, 2024 10:40pm Sep 24, 2024 10:40pm
Not much news today it seems, but tomorrow we have the whole Fed on our hands.
  • #44,336
  • Sep 24, 2024 10:44pm Sep 24, 2024 10:44pm
Quoting luckytujuh
{quote} Dude gold is not a bitcoin. Gold is a natural asset. How many can you find on earth. Whats the difference with bitcoin, you got plenty of money to waste. You can build a warehouse of rigs and mine bitcoin. Bitcoin can be generated by mining. Can you generate gold bro. Even after ten generations of your family tree. The gold still only produce a small 0.001% amount in the core part of earth.
Just chillax.
My comment wasn't a prescription to buy.
It wasn't a declaration of change of gold's identity.
It certainly wasn't a cry for help to be told the differences of the two.

At this moment...looking at charts I'm looking at, seeing the behavior and speed of ascend, as well as investor behavior, I made a stretched facsimile.
But thanks for your passion to get me to be careful. Good advice. My demo gold trading is now improved.
  • #44,337
  • Sep 24, 2024 10:47pm Sep 24, 2024 10:47pm
Imagine if I had said Orange is the new Black or something like that...
  • #44,338
  • Sep 24, 2024 11:12pm Sep 24, 2024 11:12pm
Waiting breaks signal 2659 for confirmation early at 2655 , now target may 2649.watching if some more correct !
Ok may bounce to 2663 !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #44,339
  • Sep 24, 2024 11:14pm Sep 24, 2024 11:14pm
Quoting luckytujuh
{quote} Dude gold is not a bitcoin. Gold is a natural asset. How many can you find on earth. Whats the difference with bitcoin, you got plenty of money to waste. You can build a warehouse of rigs and mine bitcoin. Bitcoin can be generated by mining. Can you generate gold bro. Even after ten generations of your family tree. The gold still only produce a small 0.001% amount in the core part of earth.
You don't know what you're talking about. More gold can always be discovered - there's no way to know for sure. On the other hand, Bitcoin's supply is fixed and cannot be increased.
  • #44,340
  • Sep 24, 2024 11:15pm Sep 24, 2024 11:15pm
open a trade @2665 TP: i don't know. DCA again @2700
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