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  • #2,481
  • Edited 8:34am May 28, 2022 8:21am | Edited 8:34am
Gold couldn't exceed 1860 last week, but there is a chance that it could break this level next week and rally further until the next CPI data is released. Maybe 1900 will be the top.

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After that, there is the FOMC, which could make gold sell-off again under 1800 if the FED is still hawkish and inflation doesn't show signs of peaking.

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,482
  • May 29, 2022 3:51am May 29, 2022 3:51am
Gold remains supported but bulls need break of pivotal barrier to resume they need confirmation on sustained break above 1867 pivot that will signal bullish continuation
  • #2,483
  • May 29, 2022 3:57am May 29, 2022 3:57am
Gold remains supported but bulls need break of pivotal barrier to resume they need confirmation on sustained break above 1867 pivot that will signal bullish continuation
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  • #2,484
  • May 30, 2022 1:40am May 30, 2022 1:40am
Gold attracted fresh buying on the first day of a new week and climbed to a fresh daily high, above the $1,860 level in early European trading.
  • #2,485
  • May 30, 2022 4:27am May 30, 2022 4:27am
I expect SIDEWAYS or Bearish trend for Today after London Open
But still eyes on New York...
  • #2,486
  • May 30, 2022 8:29am May 30, 2022 8:29am
Expecting SIDEWAYS after New York Open
Trend CHANGE can be in progress...
  • #2,487
  • May 30, 2022 8:47pm May 30, 2022 8:47pm
Institutions cover their short positions as a result of bearish SSI.
3.3 Bn Bullish Flows added last week.
Australian Gold production sees a decrease by 6% Q1 of 2022.
  • #2,488
  • May 31, 2022 6:27am May 31, 2022 6:27am
1840 could be the next support to target for gold today, where a bounce back up could be expected towards 1860

below 1840, the next strong support is around 1800
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,489
  • May 31, 2022 8:31am May 31, 2022 8:31am
Expected Trend Bullish after New York Open.
  • #2,490
  • May 31, 2022 9:23am May 31, 2022 9:23am
small buy limit order placed at 1840, stop under 1838, target 1860+
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,491
  • May 31, 2022 9:44am May 31, 2022 9:44am
Quoting ForexGoose
small buy limit order placed at 1840, stop under 1838, target 1860+
barely made that one
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,492
  • May 31, 2022 10:30am May 31, 2022 10:30am
Quoting ForexGoose
{quote} barely made that one {image}
I got out of the long position with a small profit since the 1840 level could be tested again today.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,493
  • May 31, 2022 11:05am May 31, 2022 11:05am
Hi Friends , Give your valuable comments and live trades if you are trading in XAUUSD
https://www.forexfactory.com/thread/...5#post14015655

Trade Safe
  • #2,494
  • May 31, 2022 11:49am May 31, 2022 11:49am
Possible for gold to turn bullish for the remainder of the NY market open as stocks recover losses.

https://www.cnbc.com/2022/05/30/stoc...lose-news.html
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,495
  • May 31, 2022 2:54pm May 31, 2022 2:54pm
Quoting ForexGoose
Possible for gold to turn bullish for the remainder of the NY market open as stocks recover losses. https://www.cnbc.com/2022/05/30/stoc...lose-news.html
looks like the big bear is back and a break of 1840 could indicate a return to the low 1800s or even below
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,496
  • Jun 1, 2022 5:19am Jun 1, 2022 5:19am
Hi,
Opened Sell order @1829.73 TP: 1827.14
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https://www.forexfactory.com/thread/...4#post14018054

Safe Trading
  • #2,497
  • Jun 1, 2022 6:37am Jun 1, 2022 6:37am
Sold at 1831, stop loss is 1841, target is towards 1800 and below.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,498
  • Jun 1, 2022 6:55am Jun 1, 2022 6:55am
Sold at 1851.70, stop loss currently at 1842 and take profit at 1805.
  • #2,499
  • Jun 1, 2022 7:46am Jun 1, 2022 7:46am
Quoting Profit1986
Hi, Opened Sell order @1829.73 TP: 1827.14 {image} https://www.forexfactory.com/thread/...4#post14018054 Safe Trading
SL Trade closed
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Reversed on 1 mn. Buy opened
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Hahahaha.... by the time i was posting my BUY TP got hit......
Loss recovered of sell trade and 25 pips Profit as USUAL
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146MORE TO GO.........
https://www.forexfactory.com/thread/...9#post14018239

  • #2,500
  • Jun 1, 2022 8:09am Jun 1, 2022 8:09am
bears failed so far today, choppy price action
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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