This sell is still very questionable indeed.

Gold

Around 2630$ yes! We'll see if that'll happen or not, if it does the pullback should end around this price. This would be that retracement of the second rally and then we should be getting one more rally and that should take us close to 2800$ or ...

Gold

Still holding Shorts at 2668$.

Gold

30$ retracement ain't nothing to sneeze at.

Gold

BitCoin over 65000$. Yeah... wasn't too surprising, but can't have the money for everything hahah.

Gold

If price can climb above 2672$ I'm out. I still believe Gold should come under heavy fire once Silver gets around 35$. Too soon to speak about that however.

Gold

Bears always get a breath of fresh air when US session starts. Rarely do PMs move higher during US session these days. This could probably persist until the Gold really tops.

Gold

We'll see yeah. For now, even though the price may drop around 40$ more, I still do not see any confirmation from higher TFs that this Short will be large. Just to make it clear... I consider a large retracement a retracement around or above 100$.

Gold

Bears are having a tough day, week, month and year yeah. We should probably continue to rally until US selections, as any major drop in PMs would mean that the stocks would get hit pretty bad as well, unless the wars would stop in which case the PMs ...

Gold

Also Short at 2668$. Will TP somewhere around 2630$ if the sell-off continues, if not I'll dump Shorts relatively quickly.

Gold

I said the Gold is probably not going below 2400$ anymore, however not 2500$. As said, Support should be somewhat below 2500$.

Gold

I won't comment on your analysis, I just shared my opinion. Anything's possible.

Gold

Uhm. What TP do you have in mind?

Gold

Can you pinpoint the comment where I said the Gold is never going below 2500$? I see a decent number of people liked the comment of yours, so I actually wonder now when I said that. Thanks!

Gold

True. For 2024. it isn't. For 2025. however it is according to the Monthly Chart.

Gold

H1 closing below 2666$ should mean that the sell-off will continue and we could be witnessing 2627$.

Gold

FED'S POWELL DOESN'T COMMENT ON MONETARY POLICY IN SPEECH TEXT We have Yellen speaking in two hours. It seems the Fed members won't be giving any comments today, we'll see...

Gold

2627$ is the main Support if the sell off continues with this pace. Then, we should be witness a 3rd and final rally on the PMs before a significant pullback below 2500$.

Gold

I am saying that it won't drop below 2500$ before we get the third and final rally in my opinion. Then, price should drop below 2500$, however 2500$ should become a new bottom for the Gold just like 2000$ was. I did not change my forecast as I said ...

Gold