Gold | Page 3797 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #75,921
  • May 10, 2025 5:05am May 10, 2025 5:05am
Easy to generalize but if we look closely at Gold historical price movement vs the $ Index, you'll all notice the almost nonexistent negative correlation since ~2015. There was a hidden divergence that got exposed... Now, I'm betting on another one but toward the opposite direction downward....Here, talking long term technically ofcourse.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20250510_114559.jpg Size: 171 KB
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #75,922
  • May 10, 2025 5:14am May 10, 2025 5:14am
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #75,923
  • May 10, 2025 5:55am May 10, 2025 5:55am
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
4000
"Who Dares Wins"
  • #75,924
  • May 10, 2025 5:57am May 10, 2025 5:57am
Quoting Ravenfeeder
{quote} 4000
Maybe 3500 will become the shoulders of 4000 being the head
"Who Dares Wins"
  • #75,925
  • May 10, 2025 6:17am May 10, 2025 6:17am
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
My opinion Technically.

Well I see gold ranging for the rest of the Month of May (3500- 2950) and even Q2 after an impressive shoot. Take a look at the MN6 candle. Its the longest and even exceeded 3 x ATR. So i think its safe now to take random Long/short scalps on Gold.

Sentimentally it may float above 3k. Its time for a pause for Bitcoin to take off (after cooling off too). Large scale investors put money into Gold & Bitcoin to hedge against the dollar.

They have embraced the risk in Bitcoin as returns are may more bigger than that of Gold.

Been studying the Gold/Bitcoin correlation for months now and see how these players switch investments between these two assets. No more Paper Money!

Maybe Chiforex you should start a new thread and name it "BITCOIN/GOLD Correlation" or anything better. Im also getting to align myself trading BTC/XAU as a pair rather than BTC/USD or XAU/USD (as Thomas rightly said USD is losing value over time). So suggestion would help what platforms offers BTC/XAU or XAU/BTC as a pair. Vaultoro is one of them but volume seems low last time I checked.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #75,926
  • May 10, 2025 7:21am May 10, 2025 7:21am
Ceasefire... gold will melt like it should
  • #75,927
  • May 10, 2025 7:39am May 10, 2025 7:39am
Quoting ChiForex
Easy to generalize but if we look closely at Gold historical price movement vs the $ Index, you'll all notice the almost nonexistent negative correlation since ~2015. There was a hidden divergence that got exposed... Now, I'm betting on another one but toward the opposite direction downward....Here, talking long term technically ofcourse. {image}
The USD index is a basked of currencys, in my opinnion weightet the wrong way.

Currently it is:

 

  1. Euro (EUR): 57.6%
  2. Japanese Yen (JPY): 13.6%
  3. British Pound (GBP): 11.9%
  4. Canadian Dollar (CAD): 9.1%
  5. Swedish Krona (SEK): 4.2%
  6. Swiss Franc (CHF): 3.6%

    57.6% of Euro, what about china, russia, india? Austrailian dollar is missing which is 6.37% of global currency volume with a daily volume of 223 Billion usd.
    The point is DXY is not accurate against gold, not a true representation of USD value since its 57% Euro and major currencys missing in this index, too much Euro.

1k to 100k Copy Trading All Time Return: 367.9%
  • #75,928
  • May 10, 2025 7:44am May 10, 2025 7:44am
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
2500
Observation is the path to discovery.
  • #75,929
  • May 10, 2025 8:21am May 10, 2025 8:21am
Quoting Whale
Ceasefire... gold will melt like it should
pakistand and india have agreed ceasefire. gold defo will open with a gap downwards and continue to go down. Unless sometjing crazy happens with tariffs which i doubt.
  • #75,930
  • May 10, 2025 8:23am May 10, 2025 8:23am
Gold gap down monday
  • #75,931
  • May 10, 2025 8:29am May 10, 2025 8:29am
Quoting ptzu123
{quote} pakistand and india have agreed ceasefire. gold defo will open with a gap downwards and continue to go down. Unless sometjing crazy happens with tariffs which i doubt.
i dont understand how this is low impact breaking news though according to forexfactory lol
  • #75,932
  • May 10, 2025 8:54am May 10, 2025 8:54am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG-20250510-WA0029.jpg Size: 132 KB
  • #75,933
  • May 10, 2025 11:36am May 10, 2025 11:36am
Quoting ChiForex
Easy to generalize but if we look closely at Gold historical price movement vs the $ Index, you'll all notice the almost nonexistent negative correlation since ~2015. There was a hidden divergence that got exposed... Now, I'm betting on another one but toward the opposite direction downward....Here, talking long term technically ofcourse. {image}
Just checking the comparison ! Usdx is almost flat in contrast gold spikes , like inflating balloon to it's maximum by some kids or hiking prices by some scammers irrationally as gold should not more than oil or water even , people not eat or having it's it's precious usage or even using more more ornaments by these time that demand increased this way ! So artificially inflated and this hype must break Monday! And if got the top of burst then limit down be 1920 levels and ultimately below 1043 all possible !! And time may come nobody will buy it while they need food or Water instead instead !! Anyway no top fixed yet , but time watch for sure!! Just technical and may predict a greatest disaster like come to controll such luxuries or hit/ bite to kill all scammers one-day !!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download - 2025-05-10T202020.389.png Size: 17 KB
Click to Enlarge Name: download - 2025-05-10T201456.023.png Size: 23 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,934
  • May 10, 2025 12:05pm May 10, 2025 12:05pm
The last week I said we will have a Trading range BUT it became to a Super Bullish trend,
so, I will wait for monday .
Good luck everybody
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #75,935
  • May 10, 2025 12:46pm May 10, 2025 12:46pm
Pakistan violates ceasefire, launches drones against India hours after agreeing to ceasefire.
Be prepared for the Global Panic
  • #75,936
  • May 10, 2025 12:48pm May 10, 2025 12:48pm
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
1850
Be prepared for the Global Panic
  • #75,937
  • May 10, 2025 1:14pm May 10, 2025 1:14pm
Inserted Video
  • #75,938
  • May 10, 2025 1:14pm May 10, 2025 1:14pm
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
Gold should be:
15,000 USD / 1 Troy Ounce
= 15,000 USD / 0.911458 Ounce
= 16,462.79 USD per Ounce / 28.3495 Gram
= 580.70 USD per Gram

https://www.visualcapitalist.com/how...ld-per-person/
https://www.visualcapitalist.com/how...rson-on-earth/
https://goldprice.org/gold-price-per-gram.html
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #75,939
  • May 10, 2025 1:43pm May 10, 2025 1:43pm
Quoting ChiForex
Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
You can vote at PAGE 1 first post of this thread, no need to quote the above if you're not explaining a point of view...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #75,940
  • May 10, 2025 1:48pm May 10, 2025 1:48pm
Quoting fontu
{quote} Just checking the comparison ! Usdx is almost flat in contrast gold spikes , like inflating balloon to it's maximum by some kids or hiking prices by some scammers irrationally as gold should not more than oil or water even , people not eat or having it's it's precious usage or even using more more ornaments by these time that demand increased this way ! So artificially inflated and this hype must break Monday! And if got the top of burst then limit down be 1920 levels and ultimately below 1043 all possible !! And time may come nobody will...
Somehow my thoughts but not that dramatically, it will need time like on the long term.. Add to it EU below parity....
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
361 traders viewing now, 1 is registered:
Scarking001