In the short term, gold is still maintaining its oscillation down, which is my thinking.
Just follow the trend.
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Disliked{quote} I can't find your spot. In the short term, gold is still maintaining its oscillation down, which is my thinking. {image}Ignored
Disliked{quote} I can't find your spot. In the short term, gold is still maintaining its oscillation down, which is my thinking. {image}Ignored
Disliked{quote}2062 or more possible if 2021 or 2016 hold if not then 2001.I may be wrong.Trade safeIgnored
Disliked{quote} It could be the result. But, the bigger cycle, gold seems to have started to fall.Ignored
DislikedI just opened a sell position at 2035.10. Expecting face down to test 2022 again. Simple chart. Just sell order at 2045-47, and buy order at 2022, until before US news. Today have news from BOE interest rates, and later US jobs claims + PPI. From my point of view PPI data will shake gold market, with large move, same as CPI yesterday. Now PPI forecast is 0.3 %. Over it gold will fly up again, testing previous levels. Under it, will fall sharply probably touching 2000 level again, even lower. Trade safeIgnored
DislikedUSDIndex vs XAUUSD {image} Gouvernment debt forgotten? Or indices go down hardly? So Gold has to wait.Ignored
Disliked{quote} No one believes that the US won't extend the debt ceiling. The backstop is that Biden unilaterally extends the ceiling. Congress then can veto his extension but only if they get a 2/3's majority vote.Ignored
DislikedXAUUSD next projections 2037,2070,2120 https://www.forexfactory.com/thread/...5#post14418105 is still in my mindIgnored
DislikedHourly retracement zone 2038 arrived. Would bulls required some rest and may be retracement up to 2032 area before next attack or they will continue their attack?Lets See....Trade safeIgnored
Disliked{quote} Hi Isabella. Your projections are uptrend, breaking all history max. But your mind still projecting downtrend channel for 2023, taking reference from last high 2079. Could you explain yourself ? ThanksIgnored