Thanks for the advice.

Gold

Well surely I didn't say it was you. It is the guy you quoted

Gold

wait a minute, there he is, the 20lots legend

Gold

To be confess, I do miss the 20lots guy

Gold

Surely they are. And interest rates has nothing to do with the quantity of money. I need not to prove that. This subject is for you to decide.

Gold

Your thoughts is quite reasonable but I must disagree with the way of low interest could destroy one's currency. It is understandable why people misunderstand about interest rates this way. USD, EU, JPY had a period of 0 rates and yet their economy ...

Gold

Yes, the funny thing is somehow FED own research show missing 800k job months before revision came out. This is why they so skeptical about job growth and lower interest rate. I'm thinking they will slap in the face of the markets one more when Sept ...

Gold

Those who want to play bears with gold is the bravest among us imho. Some talked of DXY is gaining strength and Gold is about to fall must have put too much faith into Prelim GDP, which probably already priced in yesterday. Following that thought, ...

Gold

Yes, as other sessions too can be the same. Unexpected volatility always make us believe price is about to fall/rise but actually when closed, it fail to make new lower low or higher high. Then come the big players and the trend continues

Gold

I read you there. Macro view into fundamental is for long-term and people often put it aside since it doesn't support their short-term benefits. The world's changing and so the markets, especially don't forget gold is a commodity. 10 years, 5 years ...

Gold

With the 4hrs candle has just completed. The drop hasn't created a LL and the uptrend still intac, so I don't think this is bears move. But we may have a play ground for both sides before Powell for now.

Gold

"I'm literally don't know what happens next and when will the next reversal to be" So I begins every trading day

Gold

The psychology of No Man Land, the heroes die first.

Gold

Yes, I agree. New traders were taught overbought could lead to reversal only. That's why their guru teacher was paid for. Depend on situations, overbought/oversold could mean the situation can continues the same as long as it can be.

Gold

I'm thinking you're confusing yourself by both thinking of that and join the markets at the same time

Gold

Obviously. But neither of them can have price so lower or higher than the other

Gold

2500 is where some consider to be psychological resistance. Will there's another massacre

Gold

I don't get it. Isn't that in time of uncertainty due to war, pandemic, disaster,.....people prefer gold more?

Gold

don't trust them. It's already priced in long time ago

Gold

Thought for fun when all time high breached, if I was bulls, I would make bears to believe in they are on for selling top

Gold