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Silver-King replied Aug 15, 2024I call Fed Meeting Minutes the fake Fed, because it rarely produces any impact hahaha.
I think Jackson Hole will be interesting. Perhaps Powell will comment on the jobs report and inflation report. Time will tell...Gold
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Silver-King replied Aug 15, 2024Happy indeed. If you ask me there'll probably be some kind of news coming out relatively soon about war or from the Fed which would propel the price above 2500$. We'll see... so far, so good.
Gold
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Silver-King replied Aug 15, 2024Hopefully, finally, we'll witness Silver at around 28.5$ Resistance soon. For the Gold we already know what price to pay attention to once and if it gets there. Thankfully, the Support on both the Gold and the Silver held very nicely and perhaps we ...
Gold
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Silver-King replied Aug 14, 2024I think tomorrow should be telling of where the price will go. We should probably know tomorrow whether the price is going for 2500$ or if the price is on its way much lower.
Gold
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Silver-King replied Aug 14, 2024I think today was the perfect example of why I believe the news don't really matter at all. Of course, I pay attention to the price and what it's doing, but data as the data itself don't mean anything. It is also my belief that it's all scripted ...
Gold
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Silver-King replied Aug 14, 2024I have to admit that I've never witnessed a more competent thread on the FF than this one right here. Keep up the good work people!

Gold
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Silver-King replied Aug 14, 2024Haha... of course. Thanks man!
Strong rallies like this usually do end up retracing around 38.2%. We'll see...Gold
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Silver-King replied Aug 14, 2024Some relief on the Silver front. If the Support keeps holding, then we're good to go for 28.5$ and then don't ask me what'll happen because I don't know haha. By the time the Silver reaches 28.5$ the Gold will be above 2500$ and then God knows ...
Gold
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Silver-King replied Aug 14, 2024Thank you for the warning and I am well aware of the triple top on the Gold, however the Support we were talking about is still in play. I have the plan in place if the Support fails, don't worry!
So, what's 38.2% if you can share please, because ...Gold
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Silver-King replied Aug 14, 2024Hey buddy! Can you please share the price for the Gold at 38.2% Fibo from the low of 1815$ to the high at 2485$? Thanks! That 2250$ is looking likelier in my opinion, especially if the price starts tanking below 2400$.
Gold
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Silver-King replied Aug 14, 2024If the price on the Silver drops below 27$, then it's anticipated that the ex Support around 26.5$ will also fail as well. Next station is at 24.7$.
Gold
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Silver-King replied Aug 14, 2024The plan is to see if the Support at 2435$ - 2430$ will hold. For the Silver the Support could be found somewhat above 27$. If the Support on the Gold and the Silver hold, then we are expecting to see the Gold going above 2500$ and then see what ...
Gold
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Silver-King replied Aug 14, 2024If Daily closes below 2430$, then I'll dump all Longs on Gold. If not, then 2500$ should be next.
Gold
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Silver-King replied Aug 14, 2024Looks good so far. 2450$ and 2435$ - 2430$ are the targets I have in mind. Then, I don't know. Have to see if these Support levels will hold or not.
Gold
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Silver-King replied Aug 14, 2024I am incredibly satisfied with how CPI turned out. There was some volatility, yes, however much, much less than I thought it would be. All Longs are safe and sound, for now.
Now, I have the time to re-analyse the whole situation and also ...Gold
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Silver-King replied Aug 14, 2024So, the main scenario people are expecting to happen is a spike up above 2500$ during the news and then a sharp sell-off. I give some chance to the alternative scenario as well which is a spike down and then up above 2500$. Support levels for the ...
Gold
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Silver-King replied Aug 13, 2024Big day is awaiting us tomorrow it seems... Once in a while I'll share the charts and today is that day. I think it is appropriate to share them today, because the situation might look very different tomorrow if the price on both the Gold and the ...
Gold
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Silver-King replied Aug 13, 2024Unfortunately, the Gold didn't hit 2450$. I'll probably close the Buy Limit Order if the price fails to activate it today. Concerning the Silver, I added some more Longs around 27.50$ just now on this drop. That should be it for now... waiting for ...
Gold
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Silver-King replied Aug 13, 2024I think the rate cut (if it even happens) will be a buy the rumour sell the fact event. Now, putting the Fed aside... whenever I start thinking about something being overbought or oversold I just look at the JPY pairs and immediately get rid of that ...
Gold