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Abouelzelouf replied Jul 23, 2024Thank you for posting the chart, it will be more helpful to know the time frame. And your COT posts are great thank you for sharing them.
Special Thread: COT Data Analysis & Trading Signals
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Abouelzelouf commented Apr 14, 2024I think this time they will not respond. They will give it sometime, and will keep attacking Iranians in Syria or maybe assassinate Iranians somewhere...
Israel has said it's not seeking Iran escalation: US official
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Abouelzelouf replied Apr 9, 2024You want to know the target on Gold look at this chart, a monthly chart. Look how gold went up during the years from 2001 to 2010, from 270 to 1900 It is always tempting to look for retracement I have been doing the same like many traders here, ...
Gold
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Abouelzelouf replied Apr 9, 2024How do you see these numbers! we are in uncharted territories! there is no target and no resistance, it is just a strong bullish trend. This could go up to 2500 and higher in few month if we continue like this.
Gold
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Abouelzelouf commented Mar 25, 2024I guess they wrote the article last week, and forgot to publish it on time :-)
Pound Sterling Slides Against Euro And US Dollar After A Dovish Week
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Abouelzelouf replied Mar 21, 2024Gold is still bullish! Anyone going short should be quick in and out, with profit or loss, don't hold short. Don't think Gold is going down big time. Might be better strategy to wait for pullback and find long opportunities. Trade safe.
Gold
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Abouelzelouf replied Mar 15, 20244H chart. My analysis, Gold stuck between 2152 and 2195 for now. On the way up, If it breaks 2185 it will test the highs and try to break higher. on the way down, It tested 2152 2 times it might break it next time to open the way lower. On the top ...
Gold
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Abouelzelouf replied Mar 6, 2024It was starting to stabilise but there was a ship that was hit in the red sea by a rocket, and a russian rocket almost hit the Ukrainian president and the visiting Greek prime minister! So gold turned up again.
Gold
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Abouelzelouf replied Mar 6, 2024It need something big to happen to turn gold down. It is overbought but it still has room to go up. Tomorrow we have rate decision from the ECB no change is expected but this might send gold little higher or stay around the same levels as today. The ...
Gold
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Abouelzelouf replied Mar 6, 2024My advice to you don't trade gold
It is difficult and complicated and very volatile. There is many things that affect how it moves: economy, news, interest rate, politics, politicians speeches, WAR....Gold
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Abouelzelouf replied Mar 6, 2024As you noticed what happened in the last 15 minutes Powell released a pre written report before he testifies little later today and you see how it is going up and down. To answer your question: no one knows! if we knew we would all be millionaires, ...
Gold
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Abouelzelouf replied Mar 6, 2024As Isabella mentioned the main news today is Fed Chair Powell Testifies after almost 90 minutes from now. You will see everything jumping up and down.
Gold
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Abouelzelouf replied Mar 4, 2024Can you please post a screenshot of your chart? Why did you upload the same indicator more than once?
Macd and Supertrend Pullback System
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Abouelzelouf commented Feb 14, 2024It is is still going down! what was your entry?
EURGBP reaches lower limit of range
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Abouelzelouf commented Nov 15, 2023Where did you see CPI fell to .2%? It is falling but it is still above 2%
Producer Price Index - October 2023
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Abouelzelouf replied Oct 27, 2023I would stay away from gold for now, the situation in the middle east is not stable and it is causing high volatility, this thing can easily jump up to 2050 +, or down to 1920 depending on the direction of geopolitics around the world. the other day ...
Gold
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Abouelzelouf replied Sep 28, 2023Gold is strangely weak today Dollar index moved 50 pips while gold almost didn't move! "GOLD, now in consolidation mood" is correct but it could go up or down. We will see what the US session will bring.
XAUUSD (GOLD)
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Abouelzelouf replied Jul 6, 2023GBP has been hitting resistance at 1.2730 - 40 but looks strong, the past 2 days, it didn't reverse as much as the euro did for all the news. I think it will break little higher. Check all time frames around 1.2735 it is like a wall.
Cable Update (GBPUSD)
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Abouelzelouf commented Jun 24, 2023Well no one know! usually $ and gold will get stronger in these situations. But weak Russia mean that the end of the war in Ukraine will be soon and this will be positive for Euro.
Moscow mayor says "the situation is difficult" and "city services are on high alert" as Wagner...