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  • #1,921
  • Dec 7, 2021 10:26pm Dec 7, 2021 10:26pm
These week must go up up up!Attachment g
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  • #1,922
  • Dec 7, 2021 11:52pm Dec 7, 2021 11:52pm
Quoting TraderGokul
Best opportunity for buying xauusd.Find a better entry.Risk management is important.
As Expected
  • #1,923
  • Dec 8, 2021 12:35am Dec 8, 2021 12:35am
Quoting aeternum
{quote} That down move to break 1777 seems to have been a false break. Time to see some Dec-Jan bullishness perhaps?
Gold still pushing higher but very very slowly. Next level of resistance between 1798-1800 followed by 1808/9. Still trying to see if we can get to 1831. I will buy the break of 1808 or any break above 1800 with conviction.
A 1 pip gain is better than a 1 pip loss.
  • #1,924
  • Dec 8, 2021 7:35am Dec 8, 2021 7:35am
look at these levels closely and follow price action candle stick formations right at these levels. Gold will either bounce and continue higher or it may just penetrate through and retest for a selling opportunity. So these are the areas for now we should be looking at closely.
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  • #1,925
  • Dec 8, 2021 11:46pm Dec 8, 2021 11:46pm
What do you think about gold for today?
  • #1,926
  • Dec 9, 2021 4:58am Dec 9, 2021 4:58am
I'm long XAUUSD, but would be happier if DXY dipped below 96 again. Let's see whether Initial Claims nudges the price anywhere.
  • #1,927
  • Dec 9, 2021 6:33am Dec 9, 2021 6:33am
Quoting aeternum
{quote} Gold still pushing higher but very very slowly. Next level of resistance between 1798-1800 followed by 1808/9. Still trying to see if we can get to 1831. I will buy the break of 1808 or any break above 1800 with conviction.
It appears that gold was forming a pennant and current bearish move is breaking out of that pennant.

I won't be surprised if we drop straight into 1762 unless tomorrow's news can give some form of support to gold. Still looking for that bullish Dec-Jan that is being talked about everywhere.
A 1 pip gain is better than a 1 pip loss.
  • #1,928
  • Dec 9, 2021 7:18am Dec 9, 2021 7:18am
H2
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  • #1,929
  • Dec 9, 2021 9:04am Dec 9, 2021 9:04am
Silver needs to complete big ABCD around 21.60/40 up trend will start somewhere from there and gold will follow
  • #1,930
  • Dec 9, 2021 9:21am Dec 9, 2021 9:21am
abcd + crab parent on daily something like that
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  • #1,931
  • Dec 9, 2021 9:21am Dec 9, 2021 9:21am
Ggood luck
  • #1,932
  • Dec 9, 2021 9:28am Dec 9, 2021 9:28am
Also possible long for bitcoin if anybody wants to trade it
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  • #1,933
  • Dec 10, 2021 1:00am Dec 10, 2021 1:00am
My target for Gold. Around 1805 and estimated date 15th Dec. 21
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  • #1,934
  • Dec 10, 2021 1:49am Dec 10, 2021 1:49am
Current gold short and why I took it
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  • #1,935
  • Dec 10, 2021 3:20am Dec 10, 2021 3:20am
Quoting Thoughts
In the midterm, I think the expected tapering/rate hikes keep fundamentals short; if we have a retrace, I feel it'll only be a technical one; except some significant unexpected news pops up..either bad for USD or good for gold; then bulls would be back in control.. Long term though, most central banks and big players are loading up on gold..
How low will she go..
  • #1,936
  • Dec 10, 2021 5:01am Dec 10, 2021 5:01am
Quoting TrickorTrade
Current gold short and why I took it {image} {image} {image}
Gold short closed for 1:3.3 RR.
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  • #1,937
  • Dec 10, 2021 8:43am Dec 10, 2021 8:43am
I didn't expected DXY will touch 96 but now we're here. Possible it could reach 98 but sooner or later DXY is technically way up. We know when something got extra than it should. Jerome Powell talking about tapering asset purchases and claiming to use their tools in case inflation goes out of control.
Well, tapering doesn't mean reducing inflation in real life. If the Fed increased the rates in 2022 to 0.5% or even 1%, this will be enough comparing 6.8% inflation.
So we can expect short term bearish run for a few more days.

I might be wrong about all of it, just expressing my opinion friends.
  • #1,938
  • Dec 10, 2021 10:37am Dec 10, 2021 10:37am
Quoting ZorroThustra
i'm long from december 2 low. TP 1910 {image}
looking nice right now. I expect 1900 in about 2-4 weeks.
  • #1,939
  • Dec 10, 2021 1:11pm Dec 10, 2021 1:11pm
Quoting ZorroThustra
{quote} looking nice right now. I expect 1900 in about 2-4 weeks.
DDon't think so looks like another trap
  • #1,940
  • Dec 10, 2021 1:52pm Dec 10, 2021 1:52pm
H1
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