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- 204 Results (193 Replies, 11 Comments)
- Neowarcloud replied Nov 13, 2024
Its setting up a very clean sell, but the market has a way of muddling it
Gold
- Neowarcloud replied Nov 12, 2024
Mentally, I'm still short biased, but technicals are suggesting its shifting... I'll probably be flat until the backside of CPI other than short term plays.
Gold
- Neowarcloud replied Nov 12, 2024
I think this is probably the most bearish I've seen gold in a couple years...I still expect a bounce, but sometimes it doesn't give us things in the order we want I mean my key areas to at least assess longs 2548-2558, 2500, & 2483ish...I'm ...
Gold
- Neowarcloud replied Nov 11, 2024
My expectation as we've got CPI and inflation (Trump related and otherwise) is the main thing that's got the market spooked. The market will likely push towards midrange (Up) probably towards the major selling zone...I'm not convinced that a cool ...
Gold
- Neowarcloud replied Nov 11, 2024
I mean, the rally is over and its time for it to find its range, It might trade down to a previous range, or establish a new one closer to the ATH... We've also got CPI this week, so I expect we'll probably take the lows while the market is acting ...
Gold
- Neowarcloud replied Nov 11, 2024
I'm still dubious of gold going back to $2400, but the dollar has just been sitting on it and it just looks like shite...I'm just looking for sells, I appreciate it will pump aghain.
Gold
- Neowarcloud replied Nov 10, 2024
My arguement is that it would appear to be that's what the run up to 2790, a little $30 peek over the swing before iniating corrective priceaction.exe
Gold
- Neowarcloud replied Nov 8, 2024
] Sure... Call me when they can figure how to trade avoiding the US dollar... None of them will let the others control clearing or currency...BRICs is just a media campaign
Gold
- Neowarcloud replied Nov 8, 2024
God speed, I'm flat currently, but I'd probably be looking for the Asian open, I think its likely to print a fairly bearish candle as I think we're settling into a range between now and when the orange one takes power, but hey would be happy to run ...
Gold
- Neowarcloud replied Nov 8, 2024
Yeah, well there are a lot of people that seem to believe that gravity affects prices. I ain't saying it can't go down, but just because its been there doesn't mean it must return.
Gold
- Neowarcloud replied Nov 8, 2024
You're living in fairytale if you believe gold is going down there, once in history has gold lost more than 25% and that took years, when the Fed ended QE2...2200 possible, but unlikely 2400 seems more likely on a deep retracement, but theres always ...
Gold
- Neowarcloud replied Nov 8, 2024
I mean the DXY ain't doing anything...Don't mistake the effect of higher yields and safe haven appeal...the latter is what you're looking for, but yes both appear to be weighing on gold.
Gold
- Neowarcloud replied Nov 8, 2024
He could cut loads of agencies and it still wouldn't make a difference. The entire payroll of the federal gov is $270B Social Security is $1.5T a year and growing Medicare is $900B a year and growing Interest Cost on debt $950B and jury is out on ...
Gold
- Neowarcloud replied Nov 8, 2024
I'm surprised, Asia usually gives you something to work with, but this has just been straight down shorts
Gold
- Neowarcloud replied Nov 7, 2024
Price action is boring, but as long as I'm not getting below 2684, and holding below, I would assume up we go...
Gold
- Neowarcloud replied Nov 7, 2024
I think this has legs, we got back in the range and found acceptance...I see no reason we can't go higher, I think the DXy will remain supported, but struggle for more elevation without further policy details.... Maybe gold kisses some safe haven ...
Gold
- Neowarcloud replied Nov 7, 2024
I could see a push into the 2705-2710, with FOMC and the dollar taking a break from its Trump rally.
Gold