Also... if Silver isn't going up, neither will Gold and since there is no Resistance anymore on the Gold, one should probably consult with the charts on the Silver and find some probable Resistance there.

Gold

It's crattering... good for everything basically. This should remain in a down-trend until some event happens and the yield spikes. Greg said when the yields spike, WE RUN! Probably talking about the stock market, but everything could crash...

Gold

Volatility was low on the BoJ rate decision, so... however, I expect the Gold to break 2600$ even today. 2620$ is a price I have in mind.

Gold

Orand buddy, I know you'd like we are below 2400$, but we're not. Your scalping is pretty good, keep it up!

Gold

It's reacting to the H4 Support. However, we'll see if this is just a retracement of the sell or the buy continues and the Gold is going above 2600$.

Gold

Thanks for the chart! It's great! Do you have perhaps an exact chart, but Gold not S&P perhaps? So, on average S&P drops around 40% during the Fed cutting cycle? One would think that the Fed cutting rates is completely bullish for stocks, but this ...

Gold

H4 about to hit the Support, while the Silver just hit it's Support on the H4. We'll see... this could be the end of a retracement, but it might go down some more, however it'd be a little strange in my opinion if it went down even further than ...

Gold

This day reminds me of the recent day when the retracement just did not come.. maybe tomorrow, it'll be Friday after all.

Gold

Very, very interesting. There's no doubt in my mind that this is a super-cycle for commodities happening right now. We'll see what will happen to stocks. Stocks topped in October of 2007. As for the EUR/USD and GBP/USD I expect a decent rally ahead. ...

Gold

Last 2 times the Fed’s first cut was 50+ bps: Jan 3, 2001 - S&P 500 fell ~39% next 448 days - Unemployment rose another 2.1% - Recession Sep 18, 2007 - S&P 500 fell ~54% next 372 days - Unemployment rose another 5.3% - Recession Sep 18, 2024 - ? - ? ...

Gold

Mannarino thinks that the Bank of America will go down. Celente thinks that the price of oil is going to 130$ which will crash the global economy. Also, some disease is still in play along with the war worsening.

Gold

LoL The thing with the PMs is... when stocks go down in flames, then all of the trillions will move into the Gold, Silver... When shit goes down, accounts will be blown left and right, because the volatility will become outrages and it'll be a ...

Gold

Perhaps we can get some retracement before NY open or when NY opens. There's also BOE rate decision in 50 minutes which should add some volatility in the markets.

Gold

There are additional rate cuts by the Fed which have to be priced in and they have to fully price in the 50bps rate cut, because it was only 60% chance that the Fed will cut by 50bps yesterday or somewhere around that. Don't forget the tensions ...

Gold

I expect 2800$ - 2900$ and then retracement below 2500$ and 2500$ will become a new floor like 2000$ did.

Gold