lets see what NFP brings. If price breaks 2300-2250, then I believe it could take months. Thats just the time dimension. For price, I think it is best if people finds out themselves. Hope they have deep pockets. But in my view it really depends on ...

Gold

hours, days, weeks, or months?

Gold

Im gonna turn off my brain if I see price get into 2250 area

Gold

Back to the flag channel. Lets see what happens from here.. image

Gold

Thanks for the info. I don't consider any "after the fact" comment by anybody valuable in here. Words, images, etc, nothing. If you have a point make it before the market moves. Yesterday you mentioned you were sidelined today you come back and say ...

Gold

This looks more like a staircase. I would rather try to catch a falling knife, but then again, this is just M5 so anything could happen. The real flag, inside the channel, got somehow wasted yesterday. Who knows, maybe price will return to the ...

Gold

Don't try to rationalize every single move. If it makes a fundamental impact on your strategy then replan or exit your trade. If not, then just stick to your originial plan. I added tiny crumb to my short collection @ 2367. Now I will just give it ...

Gold

One day ago some bulls were like, no worries israel and iran will nuke each other and gold will soar again. After a $30 increase in price they have become much more confident, and don't feel the need to relate stuff to geopolitics anymore ...

Gold

You expect rapid bullish and you are not long? What kind of oxymoron is this?

Gold

Only thing that matters to me is whether you have your money where your mouth is. Are you long? I have shorted 2250-2400 range, have had plenty of opportunities to close my deals, but it is not time yet.

Gold

I'm glad you at least don't expect bullish run based on iran-israel conflict. There is still light for you at end of the tunnel

Gold

been there twice already

Gold

Patterns are not very reliable in small TFs but this looks like a flag to me. I don't think we are in wise times to f*ck around and find out. Take your steps with caution. image

Gold

This logic did not apply so well. Price could be oscillating some sort of line. It is best to wait and see. I am staying short and don't want to get lost in small details. My indication that the bear move starts is when/if a break happens from 23xx ...

Gold

The most logical scenario I can think of for gold is downwards channel until 2300 followed by a sideways channel around 2300. 2300 is important. image

Gold

what good news?

Gold

An alien invasion could also be an option

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image

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First line of defence seems to be broken. I doubt the original straight line have much influence left. The true test is a break from 2300 in to 2250 image

Gold

But it is charted?

Gold