Gold with No Drama

Quoting PatienceFx

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{quote} just when everyone is long expecting the moon, a sudden and unexpected drop can wipe days of profits, so trade m5 / m1 n take small profits

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Quoting Tintin2014

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tomorrow asian market may push the price to 4070 to 4080, hope all bear friends had an exit at break even or small profit/close.

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Quoting Amandiel

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{quote} Im thinking of doing the same. Ive already booked some profits. But i cannot see Gold selling in the near future, not untill BLS starts working again and NFP data be published. This action has prompted people to loose their trust in dollar and now everyone is rushing to Gold as it is a safe haven. There might be some small corrections inside of PA, but any bigger sell run is highely unlikely based on these fundamentals.

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Quoting PixelAura

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{quote} Need Confirmation entry for sell at this area 4065-70

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Quoting Mr.Moe

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{quote} Did the same now! Took 2 out of 4 trades and set BE. Fre ride now. My entry is 4036,3. It forms a bullish flag on m15 but yet not able to break out higher. Still two runners left!

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Quoting PatienceFx

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{quote} just when everyone is long expecting the moon, a sudden and unexpected drop can wipe days of profits, so trade m5 / m1 n take small profits

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Quoting jiddifx

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Gold’s breaking into new highs — past $4,000/oz — on safe-haven flows amid the US government shutdown. Fed policy expectations are playing a big role — some officials pushing for quicker rate cuts, others cautioning inflation risk. Economic data is delayed or patchy because of the shutdown, so markets are more reactive to rumors, speeches, and sentiment than hard numbers. There’s a tug-of-war: bulls are riding fear & momentum, bears are trying to pick tops or fade spikes.

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Quoting Deal

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Next resistance at 4060.785... Only valid for today...

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Quoting azhantahir

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{quote} buy offering above 4041, the continuation buy above 4047, and beware of rejection sell offering below 4039. The continuation sell if the price is below 4030, and beware of rejection Overall price is still inside the equilibrium between 4030-4047. Has no willingness to break out either buying or selling. But probabilities are there for both buying and selling proposals. It means an equal proposal between both parties. IMHO Please refer own method for better RRR. {image}

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