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  • #50,041
  • Oct 31, 2024 11:39am Oct 31, 2024 11:39am
Wondering if to buy gold to go hit the inefficiency around 2770 or just stay out.
  • #50,042
  • Oct 31, 2024 11:45am Oct 31, 2024 11:45am
Quoting Mitiblotch
Wondering if to buy gold to go hit the inefficiency around 2770 or just stay out.
do it
  • #50,043
  • Oct 31, 2024 11:47am Oct 31, 2024 11:47am
Quoting shay14
{quote} do it
Well, just bought at 2744 but if I'm in profit I may close before the day is over. I hate gold swaps.
  • #50,044
  • Oct 31, 2024 11:56am Oct 31, 2024 11:56am
They just drop another major news… against me.

bah..
  • #50,045
  • Oct 31, 2024 11:58am Oct 31, 2024 11:58am
Quoting Mitiblotch
Wondering if to buy gold to go hit the inefficiency around 2770 or just stay out.
Hi Mitiblotch,

There were a lot of Inefficiencies on the way up that are only now getting Filled.

Looks pretty Efficient coming Down on the 1 Min.
  • #50,046
  • Oct 31, 2024 12:00pm Oct 31, 2024 12:00pm
Quoting Mitiblotch
{quote} Well, just bought at 2744 but if I'm in profit I may close before the day is over. I hate gold swaps.
Close with 30 pips at 2747.
  • #50,047
  • Oct 31, 2024 12:11pm Oct 31, 2024 12:11pm
that's all for today and for the month! let's start a new month tomorrow

around 3.5-4% of DD for this month

trade safe all !
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https://t.me/biogoldscalper
  • #50,048
  • Oct 31, 2024 12:12pm Oct 31, 2024 12:12pm
Maybe or maybe not!!
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Behind Every Chart Lies An Opportunity Waiting To Be Uncovered.!!!
  • #50,049
  • Oct 31, 2024 12:29pm Oct 31, 2024 12:29pm
Quoting Isabella_D
https://www.forexfactory.com/thread/...9#post15046189 XAUUSD H4 {image} short: 2785,2785,2784,2783,2783 long: 2753,2753
Your shorts have played out perfectly, hats off to you ma'am
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  • #50,050
  • Oct 31, 2024 12:30pm Oct 31, 2024 12:30pm
Resistance that gold will encounter while going up
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  • #50,051
  • Oct 31, 2024 12:37pm Oct 31, 2024 12:37pm
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  • #50,052
  • Oct 31, 2024 12:39pm Oct 31, 2024 12:39pm
Quoting sadsoul
Resistance that gold will encounter while going up {image}
Iran Israel just popped oil out … gold didnt see much of the action or got saved a fall, if the news is true it’s wth time again, don’t think the markets are expecting retaliation, if there is retaliation its more likely going to all out war… even though oil would probably be a better buy bet than gold
2652-61 range taken out it’s probably new ATH again
  • #50,053
  • Oct 31, 2024 12:49pm Oct 31, 2024 12:49pm
Quoting Interesting0
{quote} Iran Israel just popped oil out … gold didnt see much of the action or got saved a fall, if the news is true it’s wth time again, don’t think the markets are expecting retaliation, if there is retaliation its more likely going to all out war… even though oil would probably be a better buy bet than gold 2652-61 range taken out it’s probably new ATH again

I am hearing 2 different news.

1st news: Lebanon and israel ceasefire deal
2nd news: Iran is going to attack Israel again before election may be or after that

So things are still confusing

There must be a solid catalyst required that can push gold towards ATH because all fundamentals are already abosorbed by market and that's why we saw 2790 ATH
  • #50,054
  • Oct 31, 2024 1:07pm Oct 31, 2024 1:07pm
Quoting smellyfeet
Maybe or maybe not!! {image}
What does Mother In Law Say
  • #50,055
  • Oct 31, 2024 1:22pm Oct 31, 2024 1:22pm
Quoting Tawfeeq
{quote} What does Mother In Law Say
probably got divorced not heard from her for a while
  • #50,056
  • Oct 31, 2024 1:23pm Oct 31, 2024 1:23pm
As we've taken the previous swing high and will close below it, my bias is lower but tomorrow is NFP and we've had more destabalising international news...

I feel less confident with that. The forecast for NFP tomorrow is 106k and ADP was like 250k, so it should be a beat, so yeah...gonna be fun one, maybe I'll just stick to some scalps tomorrow.
  • #50,057
  • Oct 31, 2024 1:26pm Oct 31, 2024 1:26pm
Quoting Tawfeeq
{quote} What does Mother In Law Say
she will provide weekly trade idea tomorrow!
Behind Every Chart Lies An Opportunity Waiting To Be Uncovered.!!!
  • #50,058
  • Oct 31, 2024 1:57pm Oct 31, 2024 1:57pm
tomorrow is thr NFP. prepare for another roller coaster.
  • #50,059
  • Oct 31, 2024 2:24pm Oct 31, 2024 2:24pm
jobs report info


https://www.zerohedge.com/economics/negative-jobs-print
  • #50,060
  • Oct 31, 2024 3:26pm Oct 31, 2024 3:26pm
it was a fruitful week full of macroeconomic reports. Hopefully the NFP will be the cherry on top. Time to withdraw the profits now.

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Some members reached out to me and have asked me if i can teach them through discord or telegram, sorry guys i am not a "guru". Please don't ask for any social media. I have no intention to teach.

My only advice would be to just study economics instead of colorful charts. Pro traders working at fancy buildings don't make money by drawing, they make money studying and reading real economics. Doing the boring work you know.

I hope everyone had a great week so far, if you haven't, macroeconomics can help maybe.

Good luck everyone
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