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Silver-King replied Oct 3, 20242653$ should be a sniper entry for Short on the Gold. 2645$ - 2653$ or a $ or two lower and then down significantly in my opinion. *Daily Support hit.
Gold
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Silver-King replied Oct 3, 2024Daily has reached the Support just now on the Silver (31.45$) and Daily Support on the Gold is at 2645$. As said, I will wait for this H4 candle to close and if everything seems to be in order, then I will go Short on both Gold and Silver.
Gold
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Silver-King replied Oct 3, 2024I'll probably start adding Shorts when this H4 closes because EU and GB session is a pile of shit lately, so the price shouldn't move too far and I also need H4 to close 2 mm below the prior one to confirm it to me 100% that price is going down.
Gold
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Silver-King replied Oct 3, 2024I'm almost certainly sure we're going down and will start adding Shorts soon. TP will be at around 2600$ or around 2545$. H4 is making it clear we're about to dive hard. Lower TFs which are almost meaningless when looking for the bigger moves will ...
Gold
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Silver-King replied Oct 2, 2024Sorry I'm late. Let's see where H4 will close first. 32.05$ is still Resistance on the H4, yes the price was above, but now it fell below it and is below it as we speak. This is the main Resistance on the Silver while 2670$ is on the Gold, however ...
Gold
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Silver-King replied Oct 2, 2024Silver is definitely more volatile as it should be, but correlation is decent. Honestly, I have no fucking clue where the price is headed. Trust me, one fucking part of the system is completely confusing me, because it suggests Gold is going below ...
Gold
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Silver-King replied Oct 2, 2024Silver rallied decently today... probably because of yesterday. Silver has broken all Resistance, but it's still a question of if H4 can close above 32.05$. Not much happening on the Gold... still in that 20$ Range...
Gold
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Silver-King replied Oct 2, 2024Let's say that we had a low at 2625$ and another rally just started from there... we are then in for a ride towards at least 2725$. The 3rd rally. Just perhaps this recent escalation will prove to be too much for the price to make a decent ...
Gold
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Silver-King replied Oct 2, 2024Gold is currently at first Resistance on the H4 and the next is at 2670$. 2670$ will be crucial.
Gold
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Silver-King replied Oct 2, 2024Major Resistance (and last) on the Silver is somewhat above 32$. Bad NFP and Silver is going for 35$. Good NFP and Silver is probably heading decently below 31$ (30.5$ - 30$) and then to 35$.
Gold
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Silver-King replied Oct 2, 2024Yeah, I agree. If 2600$ doesn't hold, we have a Weekly Support at around 2545$.
Gold
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Silver-King replied Oct 2, 2024Gold going down, Silver up... in my opinion we are in some kind of tight Range right now and NFP could be the thing we're waiting for, for this Range to finally end.
Gold
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Silver-King replied Oct 2, 2024Volatility is so low... maybe something happens, we'll see. I think that EU Claims and ISM Services PMI will come out worse then expected, but NFP will be a beat on Friday and on Friday we go down hard. We still have some time before the NFP ...
Gold
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Silver-King replied Oct 2, 2024We could see a rally before the drop. If price rallies on the news and doesn't break 2668$, then I'll give the Short a try.
Gold
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Silver-King replied Oct 2, 2024As long as the CB continue to invervene into the debt market and keep reducing the risk in the market, we will not see anything crazy happening. Educated guess is that this will continue to be the case until US selection. After US selections, ...
Gold
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Silver-King replied Oct 2, 2024This is the H4 candle that will include ADP data, so we'll see if we are about to close higher or lower with this one.
Gold