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  • #70,221
  • Apr 1, 2025 4:15am Apr 1, 2025 4:15am
Quoting Kwt4x
{quote} divergence is a leading signal for highs/lows and start/end of trends. use your Fav indi (MACD, OsMA, RSI....) to spot it. Monday is the last day of the month, but so far it's almost 75% higher than last month high. {image} H1 closed the week with a divergence, should extend price higher the start of next week and make a pullback by the end of week, PA will decide. {image}
month closed almost at 100%

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new month levels

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"the public is not yet ready for it" W.D. GANN
  • #70,222
  • Apr 1, 2025 4:45am Apr 1, 2025 4:45am
Could there be London Manipulation, taking the Asia low for NY reversal to the upside today?
  • #70,223
  • Apr 1, 2025 5:01am Apr 1, 2025 5:01am
Quoting gentleKp
Could there be London Manipulation, taking the Asia low for NY reversal to the upside today?
More like London accumulation at least for the moment, rangebound 27-36 needs to breakout either side. HL's so far but could easily get invalidated coz 20-24 is closest support also Asia low so liquidity resting there
  • #70,224
  • Apr 1, 2025 5:08am Apr 1, 2025 5:08am
Quoting Whale
{quote} cut short @ 3128 this will consolidate here on narrow range to NY free money for braves.
save your money and time, boredom is promised.


later in case high is in place, and very likely that it is (but i'm not a prophet)
watch the levels:
3120
3076
3055
3021

not all today, we need magic.
  • #70,225
  • Apr 1, 2025 5:10am Apr 1, 2025 5:10am
Quoting gentleKp
Could there be London Manipulation, taking the Asia low for NY reversal to the upside today?
forex, metals, oil ...... are not companies, they are global markets, the term "Manipulation" does not exist.
companies in stock markets can control their books and leak their info's and give the SEC a field day
"the public is not yet ready for it" W.D. GANN
  • #70,226
  • Apr 1, 2025 5:11am Apr 1, 2025 5:11am
I wonder how trades are going for the ones that try to time the break-outs
this consolidation makes me sleepy
  • #70,227
  • Apr 1, 2025 5:12am Apr 1, 2025 5:12am
Quoting Kwt4x
{quote} forex, metals, oil ...... are not companies, they are global markets, the term "Manipulation" does not exist. companies in stock markets can control their books and leak their info's and give the SEC a field day
Alright, thanks
  • #70,228
  • Apr 1, 2025 5:18am Apr 1, 2025 5:18am
Quoting d1zzy
Where are the people who made fun of me when I said big banks have a target of 3100-3200 a few weeks agoo? Will attempt a long at 20-24 if we get there
Today what target gold go up?
  • #70,229
  • Apr 1, 2025 5:21am Apr 1, 2025 5:21am
Quoting gentleKp
{quote} Alright, thanks
you're welcome,

to answer your question, daily direction is intact(UP), trend stage is intact HHHL, bullish divergence is already formed. next trend stage should be HH.

with this in mind, it's your turn to decide your entry/exit and MM.

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #70,230
  • Apr 1, 2025 5:23am Apr 1, 2025 5:23am
Quoting noobtrader8
I wonder how trades are going for the ones that try to time the break-outs this consolidation makes me sleepy
Looks like markets heard you, might get a breakout!
  • #70,231
  • Apr 1, 2025 5:24am Apr 1, 2025 5:24am
Quoting d1zzy
{quote} Looks like markets heard you, might get a breakout!
lol
  • #70,232
  • Apr 1, 2025 5:33am Apr 1, 2025 5:33am
Quoting d1zzy
{quote} Looks like markets heard you, might get a breakout!
heh that's what I though, got up the same minute I posted.
I got power
  • #70,233
  • Apr 1, 2025 5:42am Apr 1, 2025 5:42am
3134 is a middle line of daily
3110th possible target below, needs to break 3128th/3127.87
3168-70th possible target above, needs to break 3142th/3142.24, then 3151th
3100.07-3151.07 is daily range by DeMark’s S1&R1
3109th-3114th is area of daily PPs..,
dolce vita
  • #70,234
  • Apr 1, 2025 5:42am Apr 1, 2025 5:42am
The recent shift in gold's direction can be attributed to a combination of geopolitical and macroeconomic factors. The introduction of new tariffs has introduced fresh risks to global markets, prompting several countries to reduce their reliance on the U.S. dollar. In response, nations are pursuing new trade agreements and aligning with alternative economic partners. Japan, notably, has begun offloading U.S. bonds in an effort to shield its economy from potential instability. Another contributing factor is the rising tension in the Middle East, particularly the possibility of a conflict with Iran. A military strike against Iran would be a strategic miscalculation for the United States and could further isolate it on the global stage. Diplomatic ties with neighboring and allied nations have weakened, resulting in a decline in international trust and disruptions to trade. Domestically, elevated interest rates are putting pressure on local banks and businesses, compounding economic concerns. As the new quarter begins, these challenges are expected to become increasingly evident starting April 2.


From a technical perspective, gold has reached the 261% price extension, from the low of $2,938 to its high of $3,148. While a near term pullback is possible, I am of the view of pull backs as a buying opportunity. However, on a flip side A market correction of $100, potentially triggered by news events, would not be unusual in the gold market which one has to factor. Both technical indicators and fundamental drivers continue to support the outlook for an upside move. A failure to hold above the $3,100 level may result in a retest of the lower levels of 3057 and $2,990 levels. lets see how the week plays out..
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Candlesticks dont move markets, Volume does
  • #70,235
  • Edited 6:07am Apr 1, 2025 5:54am | Edited 6:07am
Quoting babayaga
3134 is a middle line of daily 3110th possible target below, needs to break 3128th/3127.87 3168-70th possible target above, needs to break 3142th/3142.24, then 3151th 3100.07-3151.07 is daily range by DeMark’s S1&R1 3109th-3114th is area of daily PPs..,
Over. 3138 should be enough correction up , still as bull market give her a chance towards 3241+ before a possible tanking towards confirmation 3119/ 7 so sell at any high as of now formula , ,long done and closed already at 38 .take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #70,236
  • Apr 1, 2025 6:03am Apr 1, 2025 6:03am
Anyone see 3200 or it's in my skeptical mind?
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #70,237
  • Apr 1, 2025 6:05am Apr 1, 2025 6:05am
Longing the retest here at 32, stops 27 timepass trade plays out or might just drop right back to the lower channel again
  • #70,238
  • Apr 1, 2025 6:08am Apr 1, 2025 6:08am
Quoting mhmdghaeni
Anyone see 3200 or it's in my skeptical mind?
Careful saying things like this might get attacked by bears who have hedges from 2400 lol
  • #70,239
  • Apr 1, 2025 6:10am Apr 1, 2025 6:10am
Quoting chartistpro
there is a possibility gold price may rev at 3145/46.5 level.. if price get close abv 3148.5 then 3157 is the next resistance

My view is possible down side 3142.5 is imp Resistance ( 3149 exactly). I change my view if price Close abv 3152.. For my current sell position i kept ambitious tgt at 3093.5
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  • #70,240
  • Apr 1, 2025 6:11am Apr 1, 2025 6:11am
Quoting d1zzy
{quote} Careful saying things like this might get attacked by bears who have hedges from 2400 lol
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
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