what a fall

Gold

The whole rally is based on the war, gold is up since October when the war started. If we had a attack during the weekend gap up, but, if nothing happens, and there is a cease fire news during the weekend, Monday down. Dollar is strong now, and Fed ...

Gold

When there is valid rejection on the daily and weekly time frame, we need to wait for the correction, it will happen for sure, the more up it goes- the chances of hard fall increases.

Gold

possible, but once the bear market starts once we are done with the rate cut or hike or anything, gold will actually retrace to the lower levels, just like after 2011, just like after 2020 highs, during that time it may retrace below 2000.Isn’t it?

Gold

We won’t see 3000 this year, in coming years we can, but not this years.

Gold

There is no doubt that gold prices are over extended now, and we are may be near a top, once a top is confirmed, we may nit see those levels for months to come, I am not interested to catch the top, will wait for the confirmation first.

Gold

This is the reason why I wait for a rejection, better to be late

Gold

[quote=fxmasterdxb;14827915] possible, im aiming for 80$ but could do more[/quote i will wait for tomorrow to add sells, I will sell after a rejection.

Gold

Exactly, it need 100-150 dollar correction.

Gold

what could be the targets according to you?

Gold

Yes, it can, and vice versa as well, if there is no attack at all, and a complete ceasefire implemented, gold will fall

Gold

There are many fundamental reasons for the downfall of gold prices in the coming days. The prices are too high, hence decreased demand in jewellery market. The rally is fuelled with the expectation of 3 rate cut this year, but, there will be only ...

Gold

Armies are being retreated in Israel. Ceasefire talks going on. If it’s implemented there will be no reason for gold to at these prices. We can then see a healthy correction hopefully.

Gold

Fed Bowman talked about a new rate hike

Gold