Disliked{quote} I guess it will be 0.25 rate cut and some other easing alternatives. Converting it its effect on Gold, i think it will cross 1700 and briefly touch to 1750Ignored
We must learn who is gold, and who is gold plated
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GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
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Successful XAU/USD traders 7 replies
Disliked{quote} I guess it will be 0.25 rate cut and some other easing alternatives. Converting it its effect on Gold, i think it will cross 1700 and briefly touch to 1750Ignored
DislikedIts risk off today with equities down 6% and gold is down too. Gold normally goes up when equities are down, so what gives? Well, bond yields are actually up today. Higher bond yields are what's hurting gold. The real question is, why are bond yields up on a day like this? The flight to safety trade is broken.Ignored
DislikedWith all the mayhem in markets all over the world gold should be much higher but is not. Does anybody have a clue about why gold is down? By the way trading with Renko boxes worth less than $2 is totally useless. {image}Ignored
Disliked{quote} The previous message from EF5 gives a good hint about the reason: "Gold is normally thought of as hedge against market volatility, but I just completed a study showing it tends to go down during extreme market volatility." So to cover their margin call, they liquidate their gold positions.Ignored
DislikedGold is normally thought of as hedge against market volatility, but I just completed a study showing it tends to go down during extreme market volatility. Here it is if anyone wants to see: https://www.metalsmine.com/showthrea...0#post12809130Ignored
DislikedWith all the mayhem in markets all over the world gold should be much higher but is not. Does anybody have a clue about why gold is down?Ignored