Pretty slow start into October despite much news being thrown out. We'll see if ADP is on it's way below 100. NFP will probably add the amount of volatility we're waiting for if something doesn't come up sooner.

Gold

China is offline this week, so perhaps that is why Asian Session is calm. I see a potential for up and down. Really, do not know at this point. I am focusing on that H4 Chart to make the final say.

Gold

LoL. Neither of the two. Still do not know where price is headed.

Gold

ADP Non-Farm Employment Change today (15 minutes after NYO). Not much... tomorrow is also not that interesting. Hopefully, we'll get some decent price action on Friday (NFP). We'll also get the forecast for CPI next week on Friday. All-in-All, ...

Gold

It seems we'll have a second scenario where H4 will close below 2650$. If that happens, I'll go Short without SL and TP. I believe we had our dose of surprises yesterday...

Gold

Either the H4 candle will close above 2670$ and we're going higher or it'll close below 2650$ and we're going lower. We are in this range of 20$ now.

Gold

If H4 candle (any) can close again below 2650$, then I believe we are visiting 2600$ and there should be no doubt about it.

Gold

M15, M30 and H1 are finally overtaken by Bulls. H4 Chart is getting complicated, however. But due to it's complicated nature, I believe we should trust lower TFs now which would mean we are done with a retracement and another strong rally which ...

Gold

Haha yeah. Still an hour and a half until H4 close.

Gold

Whatever... I'm curious if we'll see that 2600$ actually... while the price rallied above all the Resistance levels, it did retrace considerably and is now below Resistance. Still two more hours until H4 candle closes.

Gold

I'll see the charts later. When this H4 candle closes, perhaps we'll know more.

Gold

I don't know what kind of problems you have, but keep them to yourself. My prediction for the Silver is still around 34$ or 35$. I thought we'd get a deeper retracement to around 30.2$, but it seems we might won't. Then, when Silver reaches that ...

Gold

As long as the *** is escalating, the Gold will continue to rally. Although, it is true that this rally on the Gold, especially when looking at the MN Chart eventually has to give something back to the market. If we're in this 3rd rally right now, ...

Gold

Oh, you're Long WTI. I'm Long Brent. The price with my broker was under 70$ while on FF it didn't go below 70$ it seems (actually barely). There's 1$ difference between FF price and the price on my chart.

Gold

Nice call. We couldn't have known that the news will pop up, unfortunately. I was thinking the whole time we're going to visit 30.2$ and then we jump in Longs, but yeah. We'll see how the rest of the week plays out.

The Silver

2663$ is the last Resistance (H4 TF). Beyond that, we should be cruising towards 2700$.

Gold

No no. Not surprised, as I was saying what will happen to the price of oil if certain things started happening. I still hold Longs under 70$, I think for about 2 or 3 weeks now. It'll become worrying if the price starts going above 80$.

Gold

Stocks have returned some gains recently which is normal. What is worrying is the price of oil and the pace at which it's moving up.

Gold

We could be witnessing the 3rd rally on the H4 TF which should lead us above 2700$, but let's see first where H4 candle will close. We still have a ton of news this week, CPI next week as well. Lower TFs have started turning Bullish due to this ...

Gold

Good job! Silver is the most rewarding and one of the hardest metals to trade due to it's entry price and volatility. Big risk and big reward.

Gold