- Post #1,000
- Quote
- Dec 4, 2019 8:43am Dec 4, 2019 8:43am
- Joined Apr 2019 | Status: Inactive for now | 1,191 Posts
What is the action now in XAUUSD? 25 replies
Gold, is it right time to buy? 9 replies
Oanda now offers Gold and Silver 6 replies
DislikedAfter taking a beating with NY market today, Gold right now is leveled off around 1462.60. Another day blown with long positions. Worst 3 weeks of my brief trading experience. 80% losing trades. Ugh. Good news for US markets with PMI, Consumer Sentiment - continues to defy slower global markets.Ignored
DislikedAfter taking a beating with NY market today, Gold right now is leveled off around 1462.60. Another day blown with long positions. Worst 3 weeks of my brief trading experience. 80% losing trades. Ugh. Good news for US markets with PMI, Consumer Sentiment - continues to defy slower global markets.Ignored
We know what we should do as traders and ego does exactly and repeatedly the opposite
It is like learning an anti-skid course:
you KNOW you have to counter-steer TO the obstacle and
what do you do by reflex: steer away from the obstacle
DislikedIs this what happened in your trading losses? We know what we should do as traders and ego does exactly and repeatedly the opposite It is like learning an anti-skid course: you KNOW you have to counter-steer TO the obstacle and what do you do by reflex: steer away from the obstacleIgnored
DislikedUnusually big price to volume difference last 6 (trading) days as seen attached rip retails, hopefully this to end and return to normal soon {image}Ignored
Disliked{quote} It's only going to get worse throughout this US holiday week. Gold right now is still holding above that $1450 handle. {image}Ignored
DislikedThe top left corner of the pic shows info: Orange(thick): XAU/USD Orange(thin): XAG/USD Pink: US 30Y BOND Red: JPY/USD Red(dark): CHF/USD Green: US500, NIK225, and DAXIgnored
DislikedXAU large volume/price difference, looks like XAU bulls got some catching up to do {image}Ignored
Disliked{quote} Still some upside, but not as much anymore Gap from screenshot more than 50% closedIgnored
Disliked{quote} Great to hear! {quote} Yup. I think it's on it's way back above 1500 given the US and China seem to be going backwards in any trade deal. NFP could be a potential trigger. Right now though, there's room for a pull back before heading higher. If not, it might be wise to wait until that break of $1500 because it could rally if it does break out from there. Here's how gold's done this week so far on 15M: {image}Ignored