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  • #2,461
  • May 18, 2022 9:01am May 18, 2022 9:01am
Quoting ForexGoose
{quote} that could happen today if the stock market continues to sell-off
likely test today , dwn towards 1780 , and bounce possible . lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #2,462
  • May 18, 2022 1:13pm May 18, 2022 1:13pm
Currently trading around 1800 usd. A break out can happen because of the rising inflation and intrest rate hikes. It could give another wave lower. As the dollar strengthens, the yellow metal could continue its rally downwards. What are you guys looking in gold, if you are short on good, hoe you think gold could break down!!!!
  • #2,463
  • May 19, 2022 8:29am May 19, 2022 8:29am
Quoting Sbygneus
{image}XAUUSD sell
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excellent experience so far, I can recommend
  • #2,464
  • May 19, 2022 11:10am May 19, 2022 11:10am
Gold spot (XAU/USD) is rallying in the North American session, and it is above the 200-day moving average (DMA), which lies at $1838.30
  • #2,465
  • May 19, 2022 12:23pm May 19, 2022 12:23pm
Quoting stx19
Gold spot (XAU/USD) is rallying in the North American session, and it is above the 200-day moving average (DMA), which lies at $1838.30
Yes I think most of us didn't expect this to happen, but perhaps it will have to reside in neutral zone for a couple of days before tanking again, especially with the FOMC minutes next week...
"Who Dares Wins"
  • #2,466
  • May 20, 2022 9:20am May 20, 2022 9:20am
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File Type: ex4 PriceActionDetector3.ex4   105 KB | 533 downloads
Attached File(s)
File Type: ex4 threeChannel.ex4   241 KB | 524 downloads
  • #2,467
  • May 20, 2022 12:04pm May 20, 2022 12:04pm
Gold closes above 200 EMA. lies around 1838. If it breaks resistance 1850 then it could rally upto 1900 resistance level and so on to 1953$ . but if it rally below 1780 and closes below support 1780$ then its downwards momentum will continue.
Weekend is here. lets see what next week brings
  • #2,468
  • May 26, 2022 12:55am May 26, 2022 12:55am
long @1843.79
Avoid what is Strong,Strike at what is Weak
  • #2,469
  • May 26, 2022 12:56am May 26, 2022 12:56am
Quoting magentfx
long @1843.79
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Avoid what is Strong,Strike at what is Weak
  • #2,470
  • May 26, 2022 12:57am May 26, 2022 12:57am
Quoting magentfx
{quote} {image}

will add more longs if the price falls
Avoid what is Strong,Strike at what is Weak
  • #2,471
  • May 26, 2022 1:28am May 26, 2022 1:28am
Quoting magentfx
{quote} {image}

up 15 pips. Will wait target is 40 pips
Avoid what is Strong,Strike at what is Weak
  • #2,472
  • May 26, 2022 2:11am May 26, 2022 2:11am
Quoting magentfx
{quote} up 15 pips. Will wait target is 40 pips

Tp hit
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Avoid what is Strong,Strike at what is Weak
  • #2,473
  • May 26, 2022 2:12am May 26, 2022 2:12am
Quoting magentfx
{quote} Tp hit {image}
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Avoid what is Strong,Strike at what is Weak
  • #2,474
  • May 26, 2022 8:45am May 26, 2022 8:45am
Looks bearish with next target at 1800. Some support near 1840.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,475
  • May 27, 2022 4:33am May 27, 2022 4:33am
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Bought after GDP figures at1848.12, tp 1875 50EMA . Positive could retest 1900.
  • #2,476
  • Edited 7:05am May 27, 2022 6:46am | Edited 7:05am
resistance at 1860, still looks bearish around current levels

more downside is likely to 1840 and then to 1800

stock sell-off = gold sell-off
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,477
  • May 27, 2022 7:32am May 27, 2022 7:32am
I predict a bull trap. If I'm wrong, I will be punished by the market.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,478
  • May 27, 2022 7:40am May 27, 2022 7:40am
Quoting ForexGoose
I predict a bull trap. If I'm wrong, I will be punished by the market. {image}
Haha, your guess is as good as mine. There's too much noise at this level, it's like a tug of war. Will be interesting to see towards which way Goldspot will breaks
out.
"Who Dares Wins"
  • #2,479
  • May 27, 2022 8:24am May 27, 2022 8:24am
Silent recession knocking on our doors.
China's investors are returning.
Crypto is falling, money will start to move into commodities.

My view is bullish on gold (+ all metals especially copper, oil).
  • #2,480
  • May 27, 2022 9:17am May 27, 2022 9:17am
Gold is a defensive asset in hedging inflation.
As far as rising inflation and economic uncertainty , I too view it Bullish.
But what scares me is the FED's aggressive Interest Rate Policies
When Life Gives You Lemons a Lemonade Stand Is Must
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