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Gold RIGHT NOW

  • #401
  • Aug 1, 2019 10:29am Aug 1, 2019 10:29am
Gold suddenly went up against the trend, why?
  • #402
  • Aug 1, 2019 11:03am Aug 1, 2019 11:03am
Quoting Followme123
Gold suddenly went up against the trend, why?
Bulls are defending 1400 level
  • #403
  • Aug 1, 2019 11:07am Aug 1, 2019 11:07am
Quoting Followme123
Gold suddenly went up against the trend, why?
Over the past several weeks there has really been NO trend in gold. It is ranging and today, buyers were supporting the lows of this range.
@xxxx§|[::::::::::::::::>
  • #404
  • Aug 1, 2019 11:08am Aug 1, 2019 11:08am
Woke up to see we're back in the range!! Gold has be headed higher with this crazy resilience it's showing!
Quoting Followme123
Gold suddenly went up against the trend, why?
Ray Dalio is buying!!
  • #405
  • Aug 1, 2019 11:42am Aug 1, 2019 11:42am
Quoting Followme123
Gold suddenly went up against the trend, why?
Gold went up because the ISM Manufacturing data came in weaker then expected, that combined with the fact it reached a key psychological level 1400 and also has a ton of upward potential due to global uncertanties.
Through the light of enlightenment, darkness unveils the path of truth.
  • #406
  • Aug 1, 2019 12:11pm Aug 1, 2019 12:11pm
Quoting DonPato
{quote} Over the past several weeks there has really been NO trend in gold. It is ranging and today, buyers were supporting the lows of this range.
Good point, the next significant weekly candle will be critical!

Look where we are now vs this first weekly candle in mid June:
Attached Image


A lot of large wicks and indecision, this kind of action keeps me on the lookout
careful not to step in a pile of it
  • #407
  • Aug 1, 2019 1:00pm Aug 1, 2019 1:00pm
Goooooooooooold!!!!

https://www.metalsmine.com/news/9377...l-tariff-of-10

We're going to break 1450 boys.
  • #408
  • Aug 1, 2019 1:16pm Aug 1, 2019 1:16pm
Trump just announced new tarrifs on China. That is tanking the USD and with it everything related to the USD. Gold is rising and most if not all currencies related to the USD are following suit.
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  • #409
  • Aug 1, 2019 3:59pm Aug 1, 2019 3:59pm
XAU through the roof...

I placed two sell limit @ 1415 &1420 and of course was whiped out



I took the10% capital loss myself.

Start fishing again placing the nets in the river wild stream

Up now with B limit @ 1440 with 0.1lot, 1435 with 0.2lot and 1430: 0.3.
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #410
  • Aug 1, 2019 9:06pm Aug 1, 2019 9:06pm
Quoting Goat
Goooooooooooold!!!! https://www.metalsmine.com/news/9377...l-tariff-of-10 We're going to break 1450 boys.
The bulls woke up Looking for further upside and a retracement to join in
  • #411
  • Aug 1, 2019 10:37pm Aug 1, 2019 10:37pm
Gold right now is tempting but remember what tonight is. The night before NFP is usually slow across most markets. There's no important data due between now and NFP either. As much as I want to look for trading opportunities in gold, I know better than to force one. I'm sitting on the sidelines unless we get something that triggers a move in gold.

As for the US employment data tomorrow, get prepared. There's two previews posted that might help with that!

  1. Nonfarm Payrolls • Friday 2.8.2019 - Insights into the data release and a personal forecast for NFP.
  2. US Employment Data - August Preview - Some key points about the releases, and charts showing recent impact to gold, eur/usd, and usd/jpy.

We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #412
  • Aug 2, 2019 1:24am Aug 2, 2019 1:24am
I might have gotten too enthusiastic there. Was a great rally nonetheless!

Looks like we're getting sucked back down into this 1410-1430 channel we've been in for the past two weeks.
  • #413
  • Aug 2, 2019 1:31am Aug 2, 2019 1:31am
Quoting Harry6
XAU through the roof... I placed two sell limit @ 1415 &1420 and of course was whiped out
Reporting losses after the fact is admirable Harry. And hilarious!!

Happy to share your pain, as long as we share the glory too!

Hold those longs buddy Gold is looking resilient!! If Powell can't stop it nobody can!!

Quoting TradeMinim
{quote} The bulls woke up Looking for further upside and a retracement to join in


Ray Dalio Express headed to 1,500 chooo chooooooo.
  • #414
  • Aug 2, 2019 2:42am Aug 2, 2019 2:42am
RD Express full steam ahead!!!!!
Attached Image
  • #415
  • Aug 2, 2019 2:57am Aug 2, 2019 2:57am
Yesssss.... redemption for the bullz
  • #416
  • Aug 2, 2019 11:26am Aug 2, 2019 11:26am
Trump speaking in a couple of hours, giving gold the final push?
  • #417
  • Edited 11:51am Aug 2, 2019 11:41am | Edited 11:51am
Quoting Metallurgy
Trump speaking in a couple of hours, giving gold the final push?
Reuters: "U.S. President Donald Trump is scheduled to make a statement on trade with the European Union at 1345 EST (1745 GMT) on Friday, Bloomberg reported citing daily White House guidance.
On Thursday, Trump threw global financial markets into a tailspin by announcing new tariffs on China as part of a long running trade dispute."

My opinion:
In June 2017, Germany and Austria criticized the US senate over new sanctions against Russia that target the planned Nord Stream 2 gas pipeline from Russia to Germany.
Recently they(EU) also said: "To threaten companies from Germany, Austria and other European states with penalties on the U.S. market if they participate in natural gas projects such as Nord Stream 2 with Russia or finance them introduces a completely new and very negative quality into European-American relations." and "Europe's energy supply is a matter for Europe, and not for the United States of America."

I expect the US to announce and/or impose additional tarrifs on EU.

My personal opinion is that we will see a large surge in gold prices if this happens.

----------------------------------------------------------------

Also this is some apparent info, but the source is UNVERIFIED, so i would take it with a grain of salt.
"There is some rare good news to report on US-Europe trade. Later today, the US is likely to announce a "beef deal" that will boost its exports to the EU. This is an example of managed trade. In broad details, the US share of Europe's quota on imports of hormone-free beef was made possible by concessions from Australia, Argentina, and Uruguay to take smaller shares earlier this year. Reports suggest that over time, US farmers can secure 80% (or 35k metric tons) of Europe's quota, but may begin with half as much. The fact that the US wants to "celebrate" this agreement is sending a different signal from the confrontational approach seen recently in reaction to France's proposed digital tax"

Update:

REUTERS:
"Kudlow told reporters that a scheduled announcement on trade with the European Union at 1:45 p.m. (1745 GMT) on Trump’s daily agenda was to unveil an agreement on beef.The European Commission has stressed that any beef deal will not increase overall beef imports and that all the beef coming in would be hormone-free, in line with EU food safety rules. An agreement would need to be approved by the European parliament."

So we might be getting some good news from Trump which shouldn't provide any kind of boost for gold. Lets wait and see how this unfolds...

Link to live broadcast:
Inserted Video
Through the light of enlightenment, darkness unveils the path of truth.
  • #418
  • Aug 2, 2019 6:02pm Aug 2, 2019 6:02pm
Quoting Vorenzd
{quote} Reuters: "U.S. President Donald Trump is scheduled to make a statement on trade with the European Union at 1345 EST (1745 GMT) on Friday, Bloomberg reported citing daily White House guidance. On Thursday, Trump threw global financial markets into a tailspin by announcing new tariffs on China as part of a long running trade dispute." My opinion: In June 2017, Germany and Austria criticized the US senate over new sanctions against Russia that target the planned Nord Stream 2 gas pipeline from Russia to Germany. Recently they(EU) also said:...
Attached Image
people leave, but this thread will go on for ever
  • #419
  • Aug 2, 2019 7:22pm Aug 2, 2019 7:22pm
Not a bad way to end the week at 1440. You boys have a great weekend.
  • #420
  • Aug 5, 2019 7:49am Aug 5, 2019 7:49am
We are breaking out like El Chapo!!!
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