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  • #7,421
  • May 3, 2023 12:50pm May 3, 2023 12:50pm
Quoting Xauusdscalpr
{quote} Yes new ATHs coming I'm sure I have a feeling news will make it happen

Yes if FED doesn’t make a surprise
  • #7,422
  • May 3, 2023 12:54pm May 3, 2023 12:54pm
Since FED is expected to pause rate hike, I feel the risk appetite will improve raising the demand of riskier assets Equities, Pound, Euro and will make Gold less attractive.
Following is my prediction for the week ending this friday:
Pound: 1.2800
Euro: 1.1250
Yen: 138.00
Gold: 1965
Have a good day. Wish you all green pips!
  • #7,423
  • May 3, 2023 1:02pm May 3, 2023 1:02pm
I cannot be interested in FED and other data. When I examine it as technical analysis, there is a price - rsi negaitf mismatch. This means that the trend will reverse.
  • #7,424
  • May 3, 2023 1:08pm May 3, 2023 1:08pm
Quoting jordiHK
{quote} I closed my 2 Sell positions before, facing the news Sell 2010,10 ->2012 Sell 2018 -> 2012 I still think it will move down, directly or after a spike reaching 2031-2032 and later falling. But I will stay expecting.
Here we go. Sold at 2031.94. SL at BE
  • #7,425
  • May 3, 2023 1:09pm May 3, 2023 1:09pm
It stopped at technical resistance 2035. But the market is waiting for the conference.
  • #7,426
  • May 3, 2023 1:12pm May 3, 2023 1:12pm
Quoting animedia
gold will touch 2031 before dropping further, my sell area is around 2031-2035 with a target around 2012, stop area 2048
ok, close partial and set be.
Join My Signal On Telegram at @forextradingforlivingsignal
  • #7,427
  • May 3, 2023 1:13pm May 3, 2023 1:13pm
If 2007 doesn't hold
Attached Image (click to enlarge)
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  • #7,428
  • May 3, 2023 1:14pm May 3, 2023 1:14pm
Quoting parveenverma
{quote}Hey Xauusdscalpr! Sorry for late reply.Actually while you quote my post that time was early morning 5 AM in India so I was sleeping that time.Actually its my charts that provide me this prediction.My total trading is based in Fibonacci only so I cannot deny its single one level. This area I am mentioning is 61.8% retracement level of my 4H TF chart.I am expecting maximum pump to 2031 and quick pullback to 2018-20 area again.If this area hold then I am targeting 161.8% area.But I double confirm my trade entries always and suggest fellow traders...
Selling mode on at 2031.Trade safe
  • #7,429
  • May 3, 2023 2:10pm May 3, 2023 2:10pm
Quoting parveenverma
{quote}Selling mode on at 2031.Trade safe
What do you think , what will be target ?

I was thinking of start buying at 2008 but first i wanted to see the targets of bearish mode.
Love for all; Hatred for none.
  • #7,430
  • May 3, 2023 3:52pm May 3, 2023 3:52pm
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Love for all; Hatred for none.
  • #7,431
  • May 3, 2023 5:08pm May 3, 2023 5:08pm
vow i didn't expect this crazy move
Love for all; Hatred for none.
  • #7,432
  • May 3, 2023 5:11pm May 3, 2023 5:11pm
What happened to gold ? Can anyone explain. My account wiped out
  • #7,433
  • May 3, 2023 5:14pm May 3, 2023 5:14pm
2080 crazy
  • #7,434
  • May 3, 2023 5:19pm May 3, 2023 5:19pm
H4 candle will tell us if there was rejection at 2067 level
Love for all; Hatred for none.
  • #7,435
  • May 3, 2023 5:27pm May 3, 2023 5:27pm
Quoting harisashraf
What happened to gold ? Can anyone explain. My account wiped out

Banking problems and dollar is weak and some other things. But this move is crazy opened at 2060
  • #7,436
  • May 3, 2023 5:32pm May 3, 2023 5:32pm
Pacific Western bank is collapsing and whenever a bank is failing gold goes up. I think we're going to see 2100+ this session, crazy times. My account is in big drawdown at the moment, if it reaches $2140 my account is gone
  • #7,437
  • May 3, 2023 5:36pm May 3, 2023 5:36pm
Weekly chart is here and weekly resistance is 2075
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #7,438
  • May 3, 2023 5:41pm May 3, 2023 5:41pm
Quoting Xauusdscalpr
Pacific Western bank is collapsing and whenever a bank is failing gold goes up. I think we're going to see 2100+ this session, crazy times. My account is in big drawdown at the moment, if it reaches $2140 my account is gone
my account already gone bro :-(
  • #7,439
  • May 3, 2023 5:49pm May 3, 2023 5:49pm
Tripple top - monthly.
Can price go higher? I can only see chart from 2000, and today highest level was reached in decades!
  • #7,440
  • May 3, 2023 5:49pm May 3, 2023 5:49pm
News came apparently after trading hours ( what time exactly ?)

News is PacWest Bancorp is for sale. the markets doesn’t trust this action.

In the last minutes of trading day gold went up to 2038 from 2030. The next day started at 2068.
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