- Search Metals Mine
- Eren10 replied Aug 4, 2023
Employment change is lower than expected. Unemployment is 3.5 %. I donn’t know if this is bad for dollar.
Gold
- Eren10 replied Aug 4, 2023
If the data is good I expect a huge drop from gold. What is good data: Average hourly earnings should not fall below the expectations. I think NF employment change above 200K is not bad, if above 209K then very good.
Gold
- Eren10 replied Aug 3, 2023
With this mindsetup and if you can get wins then you can achieve better results with your own money. Also because to get funded you have to earn alot, if you have the money you can use that time to earn real money. But indeed it is better to loose ...
Gold
- Eren10 replied Aug 3, 2023
If you have enough money don't use them. Because of very simple reason: to get to real account of 10000 you have to earn 13000 throughout the challenges.
Gold
- Eren10 replied Aug 3, 2023
If tomorrow data comes very strong for US I think Gold will fall below 1900
Gold
- Eren10 replied Aug 2, 2023
This is from 2011 S&P downgrade. However there could be many other factors that was playing. Like at that time interest rate of FED was around 0%. It was in a uptrend, it had not pressure from the interest rates. Now Gold is hugely feeling pressure ...
Gold
- Eren10 replied Aug 2, 2023
Without the rating news Gold would be now around 1920. Now still it tries to stay above ~1940
Gold
- Eren10 replied Aug 2, 2023
That is interesting how that works. Still “buy limit” should check the best available price. But if all the prices were filled with sell orders then that might be the best price.
Prop Firm Hub
- Eren10 replied Aug 2, 2023
he went all-in, but that is more easy to do with demo account

Prop Firm Hub
- Eren10 replied Aug 1, 2023
It is not about getting junk status but the markets have to recalculate their positions. That may result in higher gold price.
Gold
- Eren10 replied Aug 1, 2023
There is news about USA rating downgraded. Therefore the gap. Maybe they will buy Gold more due to this news.
Gold
- Eren10 replied Aug 1, 2023
At previous 1942 everybody was also thinking in long, then it went good
This time it doesn't look that strong because it recovered just about 3 dollars.Gold
- Eren10 replied Aug 1, 2023
Next CPI numbers from USA will be important let's see what that will bring. EUR, GBP have just recovered some losses against the dollar. But not Gold. I am long in Gold at the moment that is the reason why Gold is not recovering more I suppose ...
Gold
- Eren10 replied Aug 1, 2023
Hi Terry thanks for the tip. When the last time price fell to 1942 due to the news the price stayed above 1942 and then went up to 1970 in two days. Now is a different situation but maybe indeed price will stay above, will be important what Asian ...
Gold
- Eren10 replied Aug 1, 2023
Thanks for the info. So Futures see higher prices. However, the monthly range's are sometimes around 100$. So the price can still go to 1900 or even 1850's and then go up again to 2000. I can't confirm your PMI claim as I don't remember why the ...
Gold
- Eren10 replied Aug 1, 2023
I didn’t follow or know anything about Futures. Nevertheless I checked on internet and I saw now ~ 1980 for December 2023. I assume then they are pricing for December 2023 ?
Gold
- Eren10 replied Aug 1, 2023
Probably we need some news to go above 2000. Or maybe not good news for dollar.
Gold