Yields lower today, same Dollar Index, but Gold tanking. Seems like the typical September blues just started

Gold

Get a smoke mate...you are too excited always

Gold

Don't misundertand me, short term bearish. Only September I would avoid big buy positions. The wedding season in India starting October always provided headwind for Gold.. September down, October stabilization, November up, December sideways/down, ...

Gold

Right you are. The last 7 years, Gold ended with loss in September. Looking back 11 years, Gold managed only once a positive return in September. Around ATH currently and with 25 points cut priced in already, there is not much upside potential. I ...

Gold

It all depends on America...should polls show that Harris falls a lot behind Trump in coming days....the democrats will pull out a rabbit..the cease-fire announcement will be their catalyst or joker going into elections. They assume they will get ...

Gold

Liquidity is very low. US Boys left already for long weekend. Remember, coming Monday is US holiday. Will interesting to see how Asia handles it. No matter what happens on Monday, it is not relevant for me...if gold jumps on Monday, Tuesday it will ...

Gold

On the other hand, a ceasefire announcement would mean margin call for a lot of dudes.

Gold

Thanks for explanation.

Gold

As you said, below 2505 changes a lot regarding outlook. May I ask where your stops are sitting? As you mentioned split position, you already mentioned here several times that you added to your longs. And you have been already long. How does that ...

Gold

This can become a painfully rejection, just in the last 5 minutes @ 2511. Bulls tried all to create that important hourly close above 2511.

Gold

Need to take out 2511 on hourly basis. As long as we don't get 4H close candle below 2503 upside still intact

Gold

Should hold till FOMC minutes at least

Gold

No, I am not Jesus

Gold

Closed my two longs from 2447 and 2432...@90 ...expecting higher prices still, but Michigan numbers can bring further volatility and I'm not willing to stay on fire over weekend...next week looking for 2523/40/70...happy weekend to all of you

Gold

Don't misundertand me, I like your inputs

Gold

You named it mate, it's the golden thread...of course many of us will have their fingers in other assets too....silver chart is always open next to my gold chart...no matter if I trade it actively or not..but when we start to talk additionally about ...

Gold

Valid point, me personally stopped using macs 10 years ago...delivered to many false signals...if you found a away to implement macd successfully into your strategy then great... that's why such a forum is great for exchange of views...

Gold

Wait for the 4h close ..and don't forget that macd is a very lagging indicator

Gold

Still valid breakout attempt to the north side... retest done...short term need to avoid any 15m candle close below 2458 to keep up bullish momentum...

Gold

Exactly...it is not important just to take out certain price levels, for me 2461 critical, but the way how it occurs....and that move was impulsive....no sleepy Joe attempt...therefore very promising for bulls...good luck to all

Gold