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  • #45,861
  • Oct 4, 2024 9:06am Oct 4, 2024 9:06am
Quoting Silver-King
{quote} After US selections all bets are off and we'll probably see no more good data, but disaster after disaster and we should have an official recession in 2025. (globally). We have CPI next week which should also print green in my opinion lifting the USD some more and that should be it for "good" data.
I even think they will extend the debt ceiling suspenion when it's mean to come back in January after the inauguration.

Mike Maloney has just put a video out about the collapse getting closer. An interesting fact in the video was that if the Fed took interest rates down to 0% and the US debt was started to be paid off at $1million per hour, it would take over 4,000 years to pay off.
  • #45,862
  • Oct 4, 2024 9:06am Oct 4, 2024 9:06am
15min MA10 is holding it for now. If it can overcome this, straight to 2662
  • #45,863
  • Oct 4, 2024 9:13am Oct 4, 2024 9:13am
DXY has been all up this week while the gold has been generally flat. Any meaningful downturn in DXY will definitely send gold much higher. I will hold onto my longs here. 2700 before 2620 i think.
  • #45,864
  • Oct 4, 2024 9:16am Oct 4, 2024 9:16am
Guys we are one hour into a 4h candle that has barely a bottom wick, this can still easily go down and actually should, if not to drop really then at least to retest support at 2638
  • #45,865
  • Oct 4, 2024 9:16am Oct 4, 2024 9:16am
next GOLD target 2728
The Average Discount Everything
  • #45,866
  • Oct 4, 2024 9:17am Oct 4, 2024 9:17am
one interesting thing is that we rejected the exact daily open price on this move up
  • #45,867
  • Oct 4, 2024 9:18am Oct 4, 2024 9:18am
deadly slow, could be a trap
  • #45,868
  • Oct 4, 2024 9:20am Oct 4, 2024 9:20am
Buy trade hold zone 2657
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  • #45,869
  • Oct 4, 2024 9:23am Oct 4, 2024 9:23am
And what just happened? Buyers balls dropped off??

This is the kind of psychological pressure they are putting on traders. Probably majority already dumped Shorts and entered Long.
  • #45,870
  • Oct 4, 2024 9:30am Oct 4, 2024 9:30am
Quoting Silver-King
And what just happened? Buyers balls dropped off?? This is the kind of psychological pressure they are putting on traders. Probably majority already dumped Shorts and entered Long.
They Don't count us (Retail trader's) at all ..
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #45,871
  • Oct 4, 2024 9:37am Oct 4, 2024 9:37am
I can't look at this price action anymore... see you later when H4 closes.
  • #45,872
  • Oct 4, 2024 9:41am Oct 4, 2024 9:41am
Quoting Orand
Short at : 2650 sl : 2654 tp : open
add short at : 2651.50
Sl : 2655(sl hit )
Tp : 2647.50
-------------------
Stop trading
-----------------
  • #45,873
  • Oct 4, 2024 9:49am Oct 4, 2024 9:49am
Quoting Silver-King
I can't look at this price action anymore... see you later when H4 closes.
recovered the full day…. Super payroll data that should’ve annihilated , yet flat on gold… tough rough
  • #45,874
  • Oct 4, 2024 9:55am Oct 4, 2024 9:55am
Quoting PushnPull
deadly slow, could be a trap
Total death trap
  • #45,875
  • Oct 4, 2024 9:56am Oct 4, 2024 9:56am
Quoting azhantahir
{quote} Intraday trader (choose either one buyer or seller). Sometimes, you have to wait till 12 hours for probabilities. Sometimes, nothing. But if your setup is available, fill it till the end. . {image} {image}
Hit TP1

Looking for TP2 and D1 must closed above that point. If not happen, it becomes a week of consolidations between upper and lower prices. Seems scary for buyer and seller.. huhuhu
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Look right, we'll see the signs
  • #45,876
  • Oct 4, 2024 10:00am Oct 4, 2024 10:00am
Quoting Interesting0
{quote} recovered the full day…. Super payroll data that should’ve annihilated , yet flat on gold… tough rough
most times if the news is too good and against trend, then it's a knee jerk.
  • #45,877
  • Oct 4, 2024 10:04am Oct 4, 2024 10:04am
Filled 1 hour gap and approaching equal highs
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  • #45,878
  • Oct 4, 2024 10:07am Oct 4, 2024 10:07am
Quoting SnakeDok
Would be hilarious if Israel strikes Iran this evening while everyone is on shorts after NFP and price shoots back up to 2670 ^^ If that happens i'll start believing in manipulation
Well we didn't even need that to come straight back up ^^
  • #45,879
  • Oct 4, 2024 10:07am Oct 4, 2024 10:07am
closed most longs and left a little to run, good enough profit for me. cheers guys, see ya all next week.
  • #45,880
  • Oct 4, 2024 10:07am Oct 4, 2024 10:07am
My trade successfull zone ...2660 tp. $1400
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