Yes and No, large investors can take profit even if they expect the price to continue rising, and the explanation is that Gold is a safe long term investment but not the best return there is, get's outperformed by SP500 for example, so investors can ...

Gold

More volume to come with NYSE in 30m But if it doesn't shoot up with these numbers + war in ukraine and middle east it shows you how strong the selling pressure is starting to get. Not hoping for it but if you want a strong move up pray that israel ...

Gold

I agree partially about the PA, although it only takes a couple of good news for the dollar for gold to start falling and depending on the momentum once people start closing their longs it just falls faster and previous PA becomes irrelevant exactly ...

Gold

I mean the day has been gorgeous for shorts all morning so no reason to feel sorry for the shorts, when you trade intraday there is not beeing right or wrong you can short and long easily the same day, you guys are married to your bias

Gold

What do you mean " expecting" ? The data came out we know what is, so it's not expecting but reacting

Gold

The numbers could get us back to new high tho

Gold

You calling me old ?

Gold

I agree bears usually have a tough time on Gold overall but today is a good day for bears relative to the last days

Gold

It's a good level, in his strategy of entering a lot of positions with small size it makes sense

Gold

Indeed, 2679, 2668 and 2661 highest volume zones today with 2661 beeing the highest

Gold

Volume Weighted Average Price, meaning a moving average but takes volume into account, more reliable than normal MA in my opinion

Gold

2666 is daily VWAP we broke below now going to retest it, might reject there and continue down

Gold

Gold : roughly 18 Trillion market cap, 1% move down = 180 billions loss in value Don't let a 1% SL scare you ^^

Gold

Looks like the higher TF could align, yesterday daily closed bearish, first one in 5 days, todays daily spent most of the day creating a top wick and now about to flip Thats how strong geopolitical events influence gold, conflict is the only thing ...

Gold

BE careful, one more folder in 10 minutes, if it is more good news for the dollars the longs at 2660 might be in danger depending on your SL Also we just broke through daily POC

Gold

Decent numbers for the dollar, now let's see if conflict is stronger than economical data

Gold

MEh, Switzerland cut rates by 25bps, could get GOld pumping again

Gold

litterally at the same exact time ^^

Gold

2664 here could be a nice start for a move further down, touched 1H bearish trendline, question as always is can we break through support, are the bulls gonna let go at last

Gold

The correction i can see if we can break lower :

Gold