its a yes and no, if we look at it from a geopolitical situation we should have seen that move this afternoon, however the drop towards 5260 is a sign that any road above 5400 wont be as easy. As i said before lets see where we close

Gold with No Drama

be interesting to see where we close tonight. Bouncing off 5300 at the moment a break above 5320 takes us towards the 5370 zone tomorrow

Gold with No Drama

Was the dump data or geo related?

Gold with No Drama

from a geopolitical perspective during war Gold is a safe haven if it drops a bit it wont tank like crazy as the demand to buy is still high. There is no end in sight for the end of this conflict at all and we could see a few weeks of this ...

Gold with No Drama

whilst gold has dropped a fair bit in last hour or so, we are still trading near a 100(0) pips from opening and this is without NYO...

Gold with No Drama

london , dead zone wait till NY the movement will kick in

Gold with No Drama

scrap that the drop didnt get below 5380 so gone long at 5390 TP open but looking at minimum or 5450

Gold with No Drama

5370 for a long to 5480

Gold with No Drama

Overnight target of 5450 didn’t hit. However we are now close so will keep trade open till above 5500 should we get there

Gold with No Drama

me too. But it will be a good over night target and reenter when I wake up to finish the payday

Gold with No Drama

TP set to 5450

Gold with No Drama

see how that’s worked for Libya Iraq Syria etc

Gold with No Drama

We could I mean could open APAC near 5500. That would be frigging. Crazy but it’s now a possibility! Tango and Satan have started a war which is no good for humanity but hey it is what it is.

Gold with No Drama

that too! Keeping my long open. TP still 5310 for Monday. Unless shit hits the fan then it could even be 5400

Gold with No Drama

could also be down to end of month and week profiteering

Gold with No Drama

5250 didn’t hold let’s see how the rest of the day goes. The weekend will be interesting

Gold with No Drama

Move up capped at the moment. Still looking for a break above 5250 to take us towards 5300

Gold with No Drama

it’s doing it’s sweep at the moment but with the geopolitical news it’s about what has more muscle

Gold with No Drama

Geopolitical should outweigh noise from macro data today

Gold with No Drama

5250-5300 maybe later today

Gold with No Drama