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Gold RIGHT NOW

  • #581
  • Aug 20, 2019 11:25am Aug 20, 2019 11:25am
Gold right now is holding firm above the $1500 level. CFDs may have shown that gold continued to fall under that level, but keep in mind the underlying (CME GC) has consistently held above $1500, and continues to do so.
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We must learn who is gold, and who is gold plated
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  • #582
  • Aug 20, 2019 11:49am Aug 20, 2019 11:49am
I think gold will touch 1488 this week soon
  • #583
  • Aug 20, 2019 12:30pm Aug 20, 2019 12:30pm
Quoting forextornado
I think gold will touch 1488 this week soon
Touch? Why would it drop there? Funny number choice btw So please provide us some insights.. possible scenarios...
I believe you think FED/Powell might make this happen?
Can you afford to take that chance?
  • #584
  • Aug 20, 2019 2:21pm Aug 20, 2019 2:21pm
Quoting theunkown
Gold Could try and retest the 1515.20 area when US Opens
Not at the open, but it's progressively rising. I'm long and watching the charts.

Quoting Liem
woo a gold thread this place has everything! good idea waiting for NY open watching 1509 , oh too late
Welcome Liem! Loving this thread as well.

Quoting forextornado
I think gold will touch 1488 this week soon
Based on what? What type of trader are you? Are there fundamentals you are looking at for this assessment?
If in doubt, paddle out!
  • #585
  • Aug 20, 2019 2:25pm Aug 20, 2019 2:25pm
Gold right now is hitting a ceiling at 1507. I'd like to see it break through - but looking like it's peaked.
If in doubt, paddle out!
  • #586
  • Aug 20, 2019 3:05pm Aug 20, 2019 3:05pm
Long TP 1513.50!
  • #587
  • Aug 21, 2019 2:35am Aug 21, 2019 2:35am
Quoting SurfsUp
{quote} Not at the open, but it's progressively rising. I'm long and watching the charts. {quote} Welcome Liem! Loving this thread as well. {quote} Based on what? What type of trader are you? Are there fundamentals you are looking at for this assessment?
Quoting TradeMinim
Might be a short profit run phase for Market Makers. Waiting for price action to unfold before taking further action. Short term biased bearish. {image}
i believe that man! Because he trading on a real account and doing that - very, very well. I better will listen to those who trade on a live account, and not playing on the demo. If he's wrong , he'll lose money. And if the one who trades only on demo is not right)? What he loses))?
Like your wife says, hold the fucking position until I tell you I'm done.
  • #588
  • Aug 21, 2019 3:04am Aug 21, 2019 3:04am
Still stuck in these longs....
  • #589
  • Aug 21, 2019 3:11am Aug 21, 2019 3:11am
Quoting vowan4ik
{quote} {quote} i believe that man! Because he trading on a real account and doing that - very, very well. I better will listen to those who trade on a live account, and not playing on the demo. If he's wrong , he'll lose money. And if the one who trades only on demo is not right)? What he loses))?
100%
  • #590
  • Aug 21, 2019 3:13am Aug 21, 2019 3:13am
i am long from 1498-1499. But don't listen to me, I lose more money than I earn
Like your wife says, hold the fucking position until I tell you I'm done.
  • #591
  • Aug 21, 2019 8:48am Aug 21, 2019 8:48am
Right now Gold is hanging around in the low 1500s - struggling to break higher, but holding on above 1500 barely. Should expect some moves starting at in about 10 minutes with US housing data and later oil / crude inventory stuff. Watching!!
If in doubt, paddle out!
  • #592
  • Aug 21, 2019 9:03am Aug 21, 2019 9:03am
Quoting vowan4ik
i am long from 1498-1499. But don't listen to me, I lose more money than I earn

That's sweet
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #593
  • Aug 21, 2019 10:34am Aug 21, 2019 10:34am
Quoting vowan4ik
i am long from 1498-1499. But don't listen to me, I lose more money than I earn
There appears to be plenty of buying at the lows over the last three days but the thing to note here is that this buying is not really causing any significant rises in price and their seem to be sellers putting a cap at the end of each day, (as it appears is happening right now).

This being said I am short again on this market...I was burned on my last position but I am looking for a fall back into the 1400 area before resuming a (finally) bullish sentiment in this market.
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  • #594
  • Aug 21, 2019 11:35am Aug 21, 2019 11:35am
I mean... with the things being on edge constantly... the GOLD has no place to go but up Should wait for todays FOMC "party" release however.. because they have the power to blow any trading/model to pieces, at least temporary.. (for (up to) some months)... But either way.. longerterm... GOLD still has a good potential.. The question is, for additional edge... against which currency the most... Should FOMC not f-up tonight...XAU/EUR would still be my bet... as was, specially since 22JUN19...
Can you afford to take that chance?
  • #595
  • Aug 21, 2019 12:02pm Aug 21, 2019 12:02pm
Got a long going, I'll probably TP before FOMC. Not feeling risky today!
  • #596
  • Aug 21, 2019 2:39pm Aug 21, 2019 2:39pm
Quoting SurfsUp
Right now Gold is hanging around in the low 1500s - struggling to break higher, but holding on above 1500 barely. Should expect some moves starting at in about 10 minutes with US housing data and later oil / crude inventory stuff. Watching!!
Gold can go both ways around 1500........nobody knows.........

Well........... euh.......I don't
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #597
  • Aug 21, 2019 2:44pm Aug 21, 2019 2:44pm
[email protected]
SL @1517.50
TP @1487.00

or

short@market
SL @1509.30
TP @1487.00

just an idea
  • #598
  • Aug 21, 2019 8:19pm Aug 21, 2019 8:19pm
annnd like the great William Braveheart Wallace, I'm STILL HOLDing/stuck in this long position to 1513.50!
  • #599
  • Aug 21, 2019 9:05pm Aug 21, 2019 9:05pm
Right now I think gold might stay in this consolidation phase until Jackson Hole. Powell's speech on Friday could be a big one and we might see gold finally take a direction after that.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #600
  • Aug 22, 2019 7:05am Aug 22, 2019 7:05am
Quoting GoldGrilz
annnd like the great William Braveheart Wallace, I'm STILL HOLDing/stuck in this long position to 1513.50!
Ouch. Hope you're out! Gold right now is hanging around 1493. Buy limit at 1491. Watching and waiting.
If in doubt, paddle out!
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