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Catempire replied Oct 30, 2024Taken shorts @ 2781.4 looks good for a pull back (famous last words)
Gold
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Catempire replied Oct 29, 2024Wholeheartedly Disagree. War in 2024 creates knee jerk reactions spikes & drops, not sustained month long rises, a 20% (as you say) 600 point move can in no way be accounted to “Iran or Russia” , it’s not 1919 and 99.9% of the world is carrying on ...
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Catempire replied Oct 29, 2024very much more complicated than that. have a read up on trumps plans to put tariffs in place for imports & china especially. This will tarnish USA (and world) gdp , indices will fall and gold will rally hard
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Catempire replied Oct 29, 2024Against the trend again I’m in for a short. @ 2763.18 SL 2765.9 lets see what news brings.
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Catempire replied Oct 28, 2024I think that was one of the best positions I’ve taken in a very long time. 2 x half Lots, -30 & -40 SL against… +900 & +2000, cracking RnR. @Polimini - noticed that earlier too. Set to break before end of the week.
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Catempire replied Oct 28, 2024Price goes up and down every week, this won’t change based on an intraday movement on a no news random Monday. It could drop to 2692 & still make new highs before the end of the week. buyers can step in once they get their price, short term FOMO ...
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Catempire replied Oct 28, 2024Buyer showing the first signs of slowing. it either starts to pull back or it bursts through at a rate of knots. I’m sweying with a pull back to test at least 2735 could go down to 2721 at which point would look to buy again. could be a rising wedge ...
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Catempire replied Oct 28, 2024Taken some shorts. @ 2744.73 & 2744.63 SL tight as a nuns… @ 2745.03
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Catempire replied Oct 28, 2024[quote=Whale;15042991] Could..So? So what you suggest to do if it only could.[/quote …. until there is a sure fired sign on the higher timeframe that it’s over, only short intraday & keep buying the dips ?
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Catempire replied Oct 28, 2024It could continue to go up another 10000 pips mate. And then probably keep going. it wouldn’t be the first time gravity is defied on an asset class & it won’t be the last.
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Catempire replied Oct 28, 2024This year bulls run up the stairs. bears jump out of a 5 story window. it’ll top one day… not yet tho.
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Catempire replied Oct 28, 2024SL moved to 2738.4 +910 and I’ll leave it to run until it gets taken or we try the top.
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Catempire replied Oct 28, 2024Gap closed almost the Pip. sadly, I got stopped out. just taken some more longs @ 2729.3 SL below UK low. TP open.
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Catempire replied Oct 27, 2024Just moved SL below the 15m MA & daily open .. I’ll leave it to do its thing. really must sleep.
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Catempire replied Oct 27, 2024I’ll add. Only if there is no certain reason for it to keep dropping. Like today. It’s a good buy opp. I got closed out & re opened.
Gold