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  • #51,901
  • Nov 15, 2024 4:23am Nov 15, 2024 4:23am
Quoting MrFanciful
{quote} Haha On a serious note, with Trumps plans, the debt and deficits are going to accelerate.
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  • #51,902
  • Nov 15, 2024 4:24am Nov 15, 2024 4:24am
Quoting BiteFX
Keep on playing right {image}
I am out, looking to buy
Learn... Work Hard... Trade Alone
  • #51,903
  • Nov 15, 2024 4:26am Nov 15, 2024 4:26am
Quoting PatienceFx
{quote} the day BRICS starts its own payments bank and currency this bubble will blast hardest
If you don't already, I would recommend paying for Alasdair Macleod's substack. He regularly talks about the US debt trap and goes through charts regarding bond yields and it's relation to equities and so forth. One of the best £8 a month I spend my money on.
  • #51,904
  • Nov 15, 2024 4:27am Nov 15, 2024 4:27am
I think the Gold might dip lower as well, especially with the surge in the US economy and US bonds after Trump’s election win. The stronger USD and rising bond yields typically put pressure on gold, so it wouldn’t be surprising to see further downside in the near term. Of course, this can change depending on market sentiment, but that’s my view for now.
  • #51,905
  • Nov 15, 2024 4:29am Nov 15, 2024 4:29am
Just exceeded my daily target so I'm done for the day...Hope you all have a profitable day and a nice weekend, whatever it is you do. Just don't spend it looking at screens, there is a big world out there.
  • #51,906
  • Nov 15, 2024 4:30am Nov 15, 2024 4:30am
Quoting MrFanciful
{quote} If you don't already, I would recommend paying for Alasdair Macleod's substack. He regularly talks about the US debt trap and goes through charts regarding bond yields and it's relation to equities and so forth. One of the best £8 a month I spend my money on.
i read this https://www.forexlive.com/
  • #51,907
  • Nov 15, 2024 4:32am Nov 15, 2024 4:32am
Quoting PatienceFx
{quote}{image}
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  • #51,908
  • Nov 15, 2024 4:37am Nov 15, 2024 4:37am
Gold feels kinda faux bullish... like price wants to push up, but not much actual chase to it....I'd long a pullback, but I ain't chasing things long today.
  • #51,909
  • Nov 15, 2024 4:41am Nov 15, 2024 4:41am
Quoting duksi
We did get buyers on the volume (~2,545), but looking at Bookmap I expect a trappy environment as CVD is still negative and buyers barely making any difference on it, along with larger bids on today's low. Concerning fundamentals I can only conclude uncertainty. Everybody is saying a lot of things, altogether nothing concrete I can trust. Please share your views on this situation. If you find something wrong in my brief analysis, please do point it out to me, I'm happy to learn from fellow traders {image} {image}
What's the name of the volume indicator ??
  • #51,910
  • Nov 15, 2024 4:42am Nov 15, 2024 4:42am
I'm going short off retail sales speculations
  • #51,911
  • Nov 15, 2024 4:51am Nov 15, 2024 4:51am
The recent decline in gold prices appears to be slowing, with the market consolidating around the $2,600 support zone. As we approach next week, we’ll closely monitor daily and intraday reactions at this critical level.
It’s worth considering that the initial euphoria following Donald Trump’s victory may be losing momentum, which could influence market sentiment further.
Success is not final, failure is not fatal... - Winston Churchill
  • #51,912
  • Nov 15, 2024 4:52am Nov 15, 2024 4:52am
Quoting PatienceFx
{quote}{image}
for this trade i am following h4 trend
  • #51,913
  • Nov 15, 2024 5:03am Nov 15, 2024 5:03am
We are in Major support from 200 EMA On Daily and also Daily FVG
But due to the Daily break of structure or Daily CHoCH
I think there is a pull back to the upside next week or few weeks
but I don't think we are making any more new highs for a few months at least
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Learning from every trade
  • #51,914
  • Nov 15, 2024 5:16am Nov 15, 2024 5:16am
I see 2570 acting as resistance waiting for breakout and retest for buys
  • #51,915
  • Nov 15, 2024 5:17am Nov 15, 2024 5:17am
Quoting PatienceFx
{quote} for this trade i am following h4 trend
this h4 candle is slowly progressing
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  • #51,916
  • Nov 15, 2024 5:21am Nov 15, 2024 5:21am
With Bullish bias, I'm watching the resistance at 2575. If we can break that, I see a clear path to 2600.

The optimistic in me would love for a break through all the way to 2627 as the next major resistance (but I doubt that will happen today)
  • #51,917
  • Nov 15, 2024 5:25am Nov 15, 2024 5:25am
Quoting PatienceFx
{quote}this h4 candle is slowly progressing {image}
booked, will try again later
  • #51,918
  • Nov 15, 2024 5:29am Nov 15, 2024 5:29am
Quoting PatienceFx
{quote} booked, will try again later
Why?
  • #51,919
  • Nov 15, 2024 5:29am Nov 15, 2024 5:29am
Let see 2470 or 2670 tonight..
  • #51,920
  • Nov 15, 2024 5:42am Nov 15, 2024 5:42am
Quoting anonrika
{quote} Why?
Sleep
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