Gold RIGHT NOW | Page 36 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

What is the action now in XAUUSD? 25 replies

Gold, is it right time to buy? 9 replies

Oanda now offers Gold and Silver 6 replies

Attachments: Gold RIGHT NOW
Exit Attachments

Gold RIGHT NOW

  • #701
  • Sep 7, 2019 9:20am Sep 7, 2019 9:20am
Made some up in NFP with XAU 5'
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD NFP.JPG Size: 181 KB
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #702
  • Sep 7, 2019 5:44pm Sep 7, 2019 5:44pm
I was thinking this weekend, in the background.. And I think the correction will be done within a (next) week and than we shall resume the previous trend... which for GOLD is UP, where else I might be wrong, but I am more than 60% at this.. more like 70%... and was almost 50/50 on Friday I am very excited for the coming week because I think it will be a "game-changer" in a way that we will see confirmation/rejection of the "trend" for the remaining (till end of OCT19) period
Can you afford to take that chance?
  • #703
  • Sep 7, 2019 5:56pm Sep 7, 2019 5:56pm
Quoting GoldGrilz
I was bored and tried to get greedy with some shorts and got burnt baadd... I'm witcha SIXER! 1550 or bust!
now go get it back
people leave, but this thread will go on for ever
  • #704
  • Sep 7, 2019 6:09pm Sep 7, 2019 6:09pm
Quoting auricforecas
I was thinking this weekend, in the background.. And I think the correction will be done within a (next) week and than we shall resume the previous trend... which for GOLD is UP, where else I might be wrong, but I am more than 60% at this.. more like 70%... and was almost 50/50 on Friday I am very excited for the coming week because I think it will be a "game-changer" in a way that we will see confirmation/rejection of the "trend" for the remaining (till end of OCT19) period
be careful on being to bullish as the daily had a fake break out pattern above 1527 . If we get a break 1495 and weekly close below gold could slide $100 to $150. Since the up move we have been in consolidation which might be distribution . I trade gold intraday only ( disclaimer lol)

if you look at last weeks bar its an engulfing bar tried to push higher higher than prior weeks high closed lower . This In itself is a bearish set up ..., look for weak up moves on daily to prove buy interest has vanished
Blogging daily now at www.volume.zone
  • #705
  • Sep 8, 2019 10:57am Sep 8, 2019 10:57am
Quoting auricforecas
I was thinking this weekend, in the background.. And I think the correction will be done within a (next) week and than we shall resume the previous trend... which for GOLD is UP, where else I might be wrong, but I am more than 60% at this.. more like 70%... and was almost 50/50 on Friday I am very excited for the coming week because I think it will be a "game-changer" in a way that we will see confirmation/rejection of the "trend" for the remaining (till end of OCT19) period
That's my thought as well. Perhaps this week will be correction. The game-changer perhaps fed funds rate. If it is cut either 25 or 50 bps, the gold might be up but if not which is that the received message from Powell, the correction will last until the end of Sept until the trend resumes again in October. Possibly the trade talks, as many predicted, won't result to anyting.. my 2 cents tho.
  • #706
  • Sep 8, 2019 12:40pm Sep 8, 2019 12:40pm
Quoting LittleMonkee
{quote} That's my thought as well. Perhaps this week will be correction. The game-changer perhaps fed funds rate. If it is cut either 25 or 50 bps, the gold might be up but if not which is that the received message from Powell, the correction will last until the end of Sept until the trend resumes again in October. Possibly the trade talks, as many predicted, won't result to anything.. my 2 cents tho.
Well yeah, but I think that in order to correct itself and not induce further disruption, "they" (fed/ecb/president(s) or prime ministers) would only need to do NOTHING! So that markets could go "natural" way... Should they start be playing with interested rates, before the end of OCT... this might trigger all sorts of spikes, speculations, counter measures, tennis between central banks etc... So my hope would be for all to just STOP with the disturbances and let the market correct... and then we might see the resumed trend... Anyway, will be clear by the end of the week, I believe..
Can you afford to take that chance?
  • #707
  • Sep 8, 2019 4:45pm Sep 8, 2019 4:45pm
Gold's about to open. Right now I'm thinking we see a gap up on those weaker Chinese trade balance figures that came out. After two consecutive days of declines, it wouldn't be surprising to a bounce at the start of the week.

Also we are close to the 1500 level in the CME GC futures contract. I don't see it breaking below there.
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #708
  • Sep 8, 2019 4:59pm Sep 8, 2019 4:59pm
Quoting EventsTrader
Gold's about to open. Right now I'm thinking we see a gap up on those weaker Chinese trade balance figures that came out. After two consecutive days of declines, it wouldn't be surprising to a bounce at the start of the week. Also we are close to the 1500 level in the CME GC futures contract. I don't see it breaking below there. {image}
UJ Gapped down so maybe just maybe it also gaps up a little...
4&1 All Time Profit: $37,496
  • #709
  • Sep 8, 2019 5:04pm Sep 8, 2019 5:04pm
Quoting MzansiObi
{quote} UJ Gapped down so maybe just maybe it also gaps up a little...
It did gap up a little but quickly filled it.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-8 6.04.00 PM.png Size: 13 KB
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #710
  • Sep 8, 2019 5:16pm Sep 8, 2019 5:16pm
Quoting MzansiObi
{quote} UJ Gapped down so maybe just maybe it also gaps up a little...

Hi Mz

Can now you expect gold will move up?
  • #711
  • Sep 8, 2019 5:42pm Sep 8, 2019 5:42pm
Quoting Nanotech
{quote} Hi Mz Can now you expect gold will move up?
Im Long Bud, looking for 1510 then 1516 as interim targets...
Posted on the other thread...
4&1 All Time Profit: $37,496
  • #712
  • Sep 9, 2019 5:19am Sep 9, 2019 5:19am
Gold didn't reach 1565 level because of that I was expecting a potential reversal, price formed double top on the daily with a neckline break.
Now looking to take shorts from 1520 to around potentially 1420
Providing price action doesn't show a bullish trend reversal on the way down
  • #713
  • Sep 9, 2019 6:20pm Sep 9, 2019 6:20pm
Gold prices are continuing lower right now. To put things in perspective, looking at the weekly chart, a correction below $1500 wouldn't seem that out of the question.

CG CME weekly chart:
Attached Image
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #714
  • Sep 9, 2019 6:34pm Sep 9, 2019 6:34pm
Possible extended correction lower this month due to central bank meetings and a less dovish policy combined with easing of trade tensions between U.S/China

1460 area could be a strong support area

1503 and 1518 look like resistance levels

i think selling with a stop above 1518 is a good risk trade
Don't Worry Be Happy
  • #715
  • Sep 9, 2019 7:49pm Sep 9, 2019 7:49pm
Gold futures contract is looking like it's going to break some major support right now. A break of the $1500 might send gold lower. We haven't seen these levels since Aug 13th.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-8 8.48.23 PM.png Size: 22 KB
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #716
  • Sep 9, 2019 8:59pm Sep 9, 2019 8:59pm
Gold (GC futures) right now, is holding under the $1500 handle. Looking like a good short.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-1 9.58.49 PM.png Size: 14 KB
We must learn who is gold, and who is gold plated
EventsTrader Live All Time Return: 54.4%
  • #717
  • Sep 9, 2019 9:02pm Sep 9, 2019 9:02pm
Quoting EventsTrader
Gold (GC futures) right now, is holding under the $1500 handle. Looking like a good short. {image}
well called mate
people leave, but this thread will go on for ever
  • #718
  • Sep 9, 2019 11:13pm Sep 9, 2019 11:13pm
Quoting Sixer
You should do your homework by yourself!!
Sixer... look at my account now.... give me hug or somethings at least! We wuz supposed to ride together!
  • #719
  • Sep 9, 2019 11:28pm Sep 9, 2019 11:28pm
Quoting goldgrilz
{quote} sixer... Look at my account now.... Give me hug or somethings at least! We wuz supposed to ride together!

omg.... What just happen??
Forex Fund manager / Copy trade
  • #720
  • Sep 10, 2019 1:48am Sep 10, 2019 1:48am
Quoting hayanidania
{quote} omg.... What just happen??
LOL nah man! No worries bruh! It WAS only a demo account. I was pulling just pullin Sixer's leg....demos burn live and learn
0 traders viewing now