US yields have flown up, thats what I think is pushing gold down.

Gold

It only moved 110 pips. Gold can move 1000+ back and forth during news. Nobody should be trying to scalp news, that's bonkers!!

Gold

News had little impact. Wonder if price might continue up now instead?

Gold

Exactly what I am already doing The news might kill it, but hope not. Doesn't seem like major impact today.

Gold

I can't see the news being that significant today, but you never know! I am guessing a slow move down from around 10-11amGMT until news, then a liquidity snap up, followed by next wave down for rest of day.

Gold

Yeah, In all seriousness, It ain't good. Imagine if Gaza had nukes as well as Israel. It's a similar situation, these guys hate each other sooo much.

Gold

Fighting over Kashmir again. Not sure why, its only a sweater.

Gold

Down we go again!

Gold

See how the liquidity on the green candles is always shorter than the corresponding Red candles? This indicates to me that the sellers are simply pausing, rather than increased buy liquidity. It's still a sell trend for now.

Gold

Hell no!

Gold

The banks are sucking up a hell of a lot of buying liquidity here. It looks set up for another heavy push down IMO. I certainly wouldn't be trusting your support zones as they know this is where you are all sitting.

Gold

Amazing, well done!

Gold

Agreed. People don't realise how fast gold moves even when consolidating. Can easily go 500 pips and ruin you before doing exactly what you thought all along.

Gold

Snap back underway. I always see it coming but never take my profits in time. so stupid.

Gold

Have a feeling price will drop a little more and the banks will snap the price back up to 3270. Hopefully i'm wrong.

Gold

Sell order in at 3305. Half out at 3270. (I hope)

Gold

Fair amount of volume on the buy side from retailers desperately trying to make their support and resistance rubbish work. Banks are seeing it and gobbling up. Big move down before end of day.

Gold

Yeah, the same Safe haven investing that's been going on for 2 years. Nothing has changed (yet)

Gold

Read the post again. I was referring to a reaction to the news. There was no reaction, so my idea was invalid.

Gold

Pullback finished on Wednesday. Medium strength long liquidity last night, now consolidating with zero volume. Good luck on your short, but I fear you are on the wrong side, unless Russia agree a peace deal in the next few days. Happy to be wrong.

Gold