As I said earlier, it was early to short. Price proved it 
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #52,182
- Aug 23, 2019 7:19am Aug 23, 2019 7:19am
- Joined May 2015 | Status: Observer | 1,981 Posts
We err, and err, and err again, but less.
- #52,184
- Aug 23, 2019 7:35am Aug 23, 2019 7:35am
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #52,190
- Aug 23, 2019 9:49am Aug 23, 2019 9:49am
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #52,192
- Aug 23, 2019 12:58pm Aug 23, 2019 12:58pm
- Joined Feb 2016 | Status: Full Time Trader. | 5,429 Posts
4&1 All Time Profit:
$37,496
- #52,194
- Aug 23, 2019 1:53pm Aug 23, 2019 1:53pm
- | Joined Jan 2015 | Status: Zaedno pravi sila. Cosmos e za nas. | 1,932 Posts
- #52,196
- Aug 23, 2019 3:21pm Aug 23, 2019 3:21pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Well, it seems that USD is going to be kicked a little tomorrow (hopefully, for the sake of all, EU, US, others...), to get rid of some of its strength.. temporary.. to be then (re)gained back slowly.. but calmly.. from next week onThe alternative is that the USD is going to be so strong to PAIR with some base currency (eurusd for example).. by the end of the year even... This might trigger/justify all sorts of "people", tweets, interventions, actions.. so I do not believe that would happen but are prepare for it......
So that the USD might be kicked a little, yeah that means up for the gold (in USD)... Because as you see, trump is so happy to see too strong USD too fast in order to PUSH FED to cut the rates.. and not just for fun, but a real slaughter house... that would be even WORSE.. because it would trigger EVERYTHING.. all the central banks playing ping pong
But the basic prediction is the same.. stronger USD.. by the day...
.. So it seems that we are back on the merlins line... meaning... we might rebounded.... Gold got it quite niceslly! Because the markets understood that although no radical decision as of yet, still much uncertainty and tensions among the global titans and titans within the country itself And as "always"... Since my bet would be for USD to regain some strength.. slowly, by the day.. I will be specially focused on the XAU/EUR (again) for the next week.. and if all goes well... promised XAU/EUR dedicated TE might happen soon after!
Btw replying/quoting my previous posts for ONE reason and ONE reason alone.. I do take my posts or "predictions" quite seriously... and I love giving you the feedback, even bad ones.. It went good, at least till now
But you can call me out anytime... Because we must be aware taht some people are (might be) reading/trading our posts Can you afford to take that chance?
- #52,197
- Aug 23, 2019 3:25pm Aug 23, 2019 3:25pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} I guess markets are not convinced in anything right now... they do not even respond to rather high-impact news, interviews.. they are all waiting the famous words from Powell... tomorrow... so I hope it will be settled within 24h so that the market MAY resume.. otherwise... it is just pity they can stall/kill the market, for so long...
Can you afford to take that chance?
lets see where it will open after this 
Donald J. Trump
The $250 billion of goods from China taxed at 25%, will be taxed at 30%
For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more. Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight....
Donald J. Trump
The $250 billion of goods from China taxed at 25%, will be taxed at 30%
For many years China (and many other countries) has been taking advantage of the United States on Trade, Intellectual Property Theft, and much more. Our Country has been losing HUNDREDS OF BILLIONS OF DOLLARS a year to China, with no end in sight....
P.S. Trade with the discipline of Money Management and Risk Management.
