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Catempire replied Aug 16, 2024yes certainly we could see those levels. But I don’t believe we are going to see the top today.
Gold
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Catempire replied Aug 16, 2024At the point of most certainty… best to do the opposite. with it so far up the long term chart with a second spike, it could EASILY blow the top off, blow some accounts & cause a massacre. Next Week. Mr market ain’t in a rush. At this point & with ...
Gold
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Catempire replied Aug 16, 2024If that’s your reaction to a post on a forum I can only guess what your trading is like. IT IS CONNECTED TO THE PRICE OF GOLD… IT IS CONNECTED TO GOLD. Do yourself a favour, stfu.
Gold
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Catempire replied Aug 16, 2024scala - surely better to use options for such times… they have unbelievable returns and can’t blow one’s account. This could do as the Dow did earlier this month and blow the top right off.. be careful. not saying it will but you have to take it ...
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Catempire replied Aug 16, 2024most likely scenario. IMO. we continuously look like we’ve reached a top, we see a final blow out when it’s exhausted itself. Then we drop. where that is no idea but the PA will be more revealing than any lines. If in doubt, use options. Plenty of ...
Gold
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Catempire replied Aug 16, 2024it’s never got any reason to go anywhere other than more buyers & more sellers… war, data etc it’s all bullshit really… you get some numbers about retail in the USA and it drops or flys… it’s garbage… As is more likely 1. it goes to the most obvious ...
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Catempire replied Aug 16, 2024Now… the question is… do we keep going up & up & up taking out fresh shorts on the way as others open trying to catch the top ? 2528 ?

Gold
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Catempire replied Aug 16, 2024you can say that about any level at any time… until it breaks. i expect once it goes, we see big spike, perhaps not 2528 but, we take out some stops and gain some momentum.
Gold
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Catempire replied Aug 16, 2024
poor man’s metal only messing. on topic… gold defo certainly see 2528 today (Monday), if it breaks, given where it is in the chart, 4th attempt, could be a very swift move to the upside.Gold