Gold | Page 3796 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #75,901
  • May 9, 2025 12:47pm May 9, 2025 12:47pm
Just checking what have happened !! Crazy bounce ultimately to 3349 , ok but pa remain the same morning still , so now test 3320 and confirm for bottom play again !! At least avoided tanking this friday , may welcome next Monday as smooth like silk ok! Let's see
Attached Image (click to enlarge)
Click to Enlarge Name: download - 2025-05-09T234227.257.png Size: 18 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,902
  • May 9, 2025 2:13pm May 9, 2025 2:13pm
Quoting fontu
Just checking what have happened !! Crazy bounce ultimately to 3349 , ok but pa remain the same morning still , so now test 3320 and confirm for bottom play again !! At least avoided tanking this friday , may welcome next Monday as smooth like silk ok! Let's see {image}
Daily candle open it falls on monday before I wake up
3265 3230 and 3210
Be prepared for the Global Panic
  • #75,903
  • May 9, 2025 4:11pm May 9, 2025 4:11pm
hi guys, weekly closed pretty good bullish on GOLD. given war tensions on tariffs with USA i think we should see more bullish movement next week. whats everyone elses thoughts? ideally i think this is going to be the next weekly candle close next friday lol
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2025-05-10_00-08-20.png Size: 45 KB
  • #75,904
  • May 9, 2025 4:17pm May 9, 2025 4:17pm
Quoting worldbankinc
{quote} NEW | XAUUSD Trade Idea 27-2025 just released {image}
UPDATE | XAUUSD Trade Idea 25-2025 HEDGE SELL hit TP

Attached Image (click to enlarge)
Click to Enlarge Name: 20250507 - Signal25-25.png Size: 49 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20250507 - Signal25-25 updated HEDGE SELL TP 20250509.png Size: 52 KB
  • #75,905
  • May 9, 2025 5:16pm May 9, 2025 5:16pm
Quoting ptzu123
hi guys, weekly closed pretty good bullish on GOLD. given war tensions on tariffs with USA i think we should see more bullish movement next week. whats everyone elses thoughts? ideally i think this is going to be the next weekly candle close next friday lol {image}
I think you need a 2nd opinion on that close of 3,500

Did your account expire, or the broker closed early?

Keep us updated.

It takes a lot for me to IGNORE you, but you can try.
  • #75,906
  • May 9, 2025 5:19pm May 9, 2025 5:19pm
Quoting Erebus
{quote} I think you need a 2nd opinion on that close of 3,500 Did your account expire, or the broker closed early? Keep us updated.
bro i drew that on the chart myself to show what i think the next weekly candle is going to look like lool its not a real candle…
  • #75,907
  • May 9, 2025 5:37pm May 9, 2025 5:37pm
Quoting ptzu123
{quote} bro i drew that on the chart myself to show what i think the next weekly candle is going to look like lool its not a real candle…
Great, best sell signal I ever saw in that case!

Smoke on!

It takes a lot for me to IGNORE you, but you can try.
  • #75,908
  • May 9, 2025 5:41pm May 9, 2025 5:41pm
Quoting Erebus
{quote} Great, best sell signal I ever saw in that case! Smoke on!
show us your analysis please oh wise one
  • #75,909
  • Edited 9:46pm May 9, 2025 8:44pm | Edited 9:46pm
Quoting MrGoldie
{quote} Daily candle open it falls on monday before I wake up 3265 3230 and 3210
Hope so and again may same rang down like yesterday morning pa.,bottom test to bounce again before finally down possible, ok may not 3350 Monday but should nearer or even high 3363 possible as seeing usdx!! Range up in usdx for target 100.98 limit ,before bounce target above 100 done perfect!
While gold yesterday morning pa was solid bounce attempt to 3350+ after having a correction but in reality it got the target without correction as a last leg up rather preserving bull attempt next ! Anyway chances still possible some bounce while great top failure likely may happen next !!
Better failure may seeing in currencies than gold
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download - 2025-05-10T073708.576.png Size: 20 KB
Click to Enlarge Name: IMG_20250510_074625.png Size: 27 KB
Click to Enlarge Name: download - 2025-05-10T081209.275.png Size: 20 KB
Click to Enlarge Name: download - 2025-05-10T075448.452.png Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,910
  • Edited May 10, 2025 12:13am May 9, 2025 11:54pm | Edited May 10, 2025 12:13am
Quoting RoelsMajor
{quote} Short, 0.5% initial risk {image}
From a price-action perspective yesterday, I saw three good opportunities. The first entry (which I didn’t take) could theoretically have yielded 295 pips (1/3 of the 21-period ADR). For the second entry, I moved my stop to break-even prematurely because my sell bias was still strong. The third entry was a big mistake (the last entry) since I sold while the price was still above the EMA. There is none a single Raising Buy at all, only occasional periodic bursts of Max Buy. Fortunately, the price later dropped and there was actually a signal for that third entry at the end of the day. I have changed TP later to RR1.

Let’s see what happens on Monday. To Dance with the Dragon and the Price is No Easy Feat. Lol
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.iM15-9125-3.png Size: 33 KB
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #75,911
  • May 10, 2025 12:30am May 10, 2025 12:30am
Quoting ptzu123
{quote} show us your analysis please oh wise one
Plan A - Sell
Attached Image (click to enlarge)
Click to Enlarge Name: Plan A.jpg Size: 66 KB

It takes a lot for me to IGNORE you, but you can try.
  • #75,912
  • May 10, 2025 1:03am May 10, 2025 1:03am
As far as i see on Telegram the Indian Pakistan operation has escalated a lot in the last 12h
  • #75,913
  • May 10, 2025 1:07am May 10, 2025 1:07am
Quoting Whale
As far as i see on Telegram the Indian Pakistan operation has escalated a lot in the last 12h
thats good for gold! I think we might get a open gap to the upside on market open. Depends if trump says anything before then.
  • #75,914
  • May 10, 2025 1:08am May 10, 2025 1:08am
The DXY monthly candle will most likely flip bearish, which will be bullish for gold.

To me the monthly EUR/USD and GBP/USD look bullish (Weaker USD), while monthly USD/CHF, USD/JPY look bearish (Weaker USD).

Weaker USD meeans Gold up.

Still no good reason to be bearish on Gold with new conflicts escalating and the Old ones not coming to an end.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (762).png Size: 35 KB
1k to 100k Copy Trading All Time Return: 367.9%
  • #75,915
  • May 10, 2025 1:12am May 10, 2025 1:12am
Quoting Thomas.
The DXY monthly candle will most likely flip bearish, which will be bullish for gold. To me the monthly EUR/USD and GBP/USD look bullish (Weaker USD), while monthly USD/CHF, USD/JPY look bearish (Weaker USD). Weaker USD meeans Gold up. Still no good reason to be bearish on Gold with new conflicts escalating and the Old ones not coming to an end. {image}
is it just me or is the india pakistan war not affecting gold like the ukraine russia war did.
  • #75,916
  • May 10, 2025 1:14am May 10, 2025 1:14am
Simular setup for GBP/USD, which means weaker USD and bullish Gold
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (763).png Size: 34 KB
1k to 100k Copy Trading All Time Return: 367.9%
  • #75,917
  • May 10, 2025 1:33am May 10, 2025 1:33am
Quoting ptzu123
{quote} thats good for gold! I think we might get a open gap to the upside on market open. Depends if trump says anything before then.
this is a war.. good or bad for
gold? Who cares.


the world is going to a difficult times.
  • #75,918
  • May 10, 2025 1:39am May 10, 2025 1:39am
Quoting ptzu123
{quote} is it just me or is the india pakistan war not affecting gold like the ukraine russia war did.
Hard to say, Gold might have fallen. It went up over 27% within the last 4x months. Those conflicts might keep Gold up.

I would say the real mover is the value of the USD.

A weaker USD means more USD is needed to buy the same ammount of asset. Most major V-shape recovery in stock markets rather have been inflation and loss in USD value. Doesnt matter if Covid or the current 15-20% 2x month gains in US equitys.


Look at Monthly USD currency pairs. The loss in USD value correlates with price gains in stocks and assets adjusting higehr. All those assets adjust to the weaker USD. This applyes to Gold too.


Trump promised to streghten the USD, i will turn bearish on Gold when he takes action to streghten the USD. A stronger USD means assets adjust lower. less currency is needed to buy the same ammount of assets.

So conflicts ending and trump streghtening the USD will be the time to truely be bearish. Now its still too early to guess reversals. There should be enough time to follow momentum and new trends if fundamentals change.

Current the trend is USD loosing value and conflics not ending
1k to 100k Copy Trading All Time Return: 367.9%
  • #75,919
  • May 10, 2025 1:46am May 10, 2025 1:46am
Obviously, Gold like EU GU and others vs USD are moving fundamentally not technically. If it be the latter, Gold has a 1000 pips retrace down on monthly. On the long term, still $ is in a very good position from current market exaggerated price, for strategic traders.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #75,920
  • May 10, 2025 2:08am May 10, 2025 2:08am
Quoting ChiForex
Obviously, Gold like EU GU and others vs USD are moving fundamentally not technically. If it be the latter, Gold has a 1000 pips retrace down on monthly. On the long term, still $ is in a very good position from current market exaggerated price, for strategic traders.
Its all about the USD.

The average home price was 30-40k back then and gold at 300$/OZ

How come all those assets went up right about 10X? Becouse the USD lost 93% of its value since 1980.

The true mover is the USD, it always has been. Undeerstadning the USD is understanding the higher timeframe trend.

I dont care about one currency against the other. All of them lose in simular speed, it doesnt show value loss.

Thats why i trade gold. Becouse what im truely trading is the USD, Gold tends to store its value and be stable. Gold dident became more valuable. The USD became worth less.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (764).png Size: 20 KB
1k to 100k Copy Trading All Time Return: 367.9%
365 traders viewing now