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  • #10,381
  • Jun 25, 2023 1:07pm Jun 25, 2023 1:07pm
Quoting Zebi
looks like the scare of a russian civil war has waned so now we can go back to technical analysis showing where price will go instead of news taking over temporarily

Maybe the thought of chaos will remain especially for the Asian session which can support Gold.
  • #10,382
  • Edited 1:30pm Jun 25, 2023 1:17pm | Edited 1:30pm
Quoting aahmad29
Article in gold-eagle.com by JIM CURRY ——————————————————————- Gold's Medium-Term View For the mid-term picture, the 72 and 310-day cycles are still deemed to be pointing south, though with the smaller 72-day wave looking for the next key (in-between) bottom. Here again is that 72-day component: {image} From my May 24th article: "In terms of price, our downside 'reversal point' was broken below, thus triggering in the downward phase of this 72-day cycle - as well as the larger 310-day component. With that, the smaller 72-day wave is pushing south...

thanks for the article i love keeping track of paid contributors to a for profit website with ad popups to buy gold right away LOL...so according to him we're bottoming out around here?
https://www.gold-eagle.com/authors/jim-curry
short trump and go long the deepstate
  • #10,383
  • Jun 25, 2023 1:46pm Jun 25, 2023 1:46pm
From my May 24th article: "following my rule that a cycle will normally (i.e., 85% of the time) revert back to a moving average of the same length, the potential upside is back to the 20-day moving average, and/or the upper 20-day cycle band - each around the low-end 2000's for Gold. In other words, the potential upside for the near-term is back to the 20-day moving average or better, though - due to the position of the larger 72-day component - that rally would be favored to end up as a countertrend affair."
Gold did manage an in-between rally with our 20-day cycle, with the metal spiking back up to a high of 2000.50 (August, 2023 contract). Due to the position of our larger 72-day wave, however, that move was expected to end up as a countertrend affair - before giving way to lower lows into mid-June.
With the above said and noted, our 20-day detrend is projecting a low to form with this wave in the coming days, which seems favored to end up as the bottom for our larger 72-day cycle. Once that rally is complete, a decent rally is expected to play out into July, but a move which is favored to end up as another countertrend affair - holding below the 2104.00 swing top (the last 72-day top).


this part caught my eye...so he thinks we bottom here this last week and test the highs...we'll see
short trump and go long the deepstate
  • #10,384
  • Edited 3:27pm Jun 25, 2023 2:59pm | Edited 3:27pm
Quoting profits7
_________________ Plenty to do with XU IMHO = https://www.gbnews.com/news/world/pu...alcolm-rifkind
_______________ M/F On the RUN = https://news.yahoo.com/putins-plane-...133300722.html
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Don’t focus on making $$$, focus on protecting what you have.
  • #10,385
  • Jun 25, 2023 4:04pm Jun 25, 2023 4:04pm
Quoting Zebi
{quote} thanks for the article i love keeping track of paid contributors to a for profit website with ad popups to buy gold right away LOL...so according to him we're bottoming out around here? https://www.gold-eagle.com/authors/jim-curry
I am not paid contributor, i joined their free news letter.
Love for all; Hatred for none.
  • #10,386
  • Jun 25, 2023 4:11pm Jun 25, 2023 4:11pm
Quoting aahmad29
{quote} I am not paid contributor, i joined their free news letter.

i dont mean you just the author
short trump and go long the deepstate
  • #10,387
  • Jun 25, 2023 4:52pm Jun 25, 2023 4:52pm
Quoting Zebi
{quote} i dont mean you just the author
My problem is that I am not good in doing analysis so looking for different other sources .
Love for all; Hatred for none.
  • #10,388
  • Jun 25, 2023 4:58pm Jun 25, 2023 4:58pm
Quoting aahmad29
{quote} My problem is that I am not good in doing analysis so looking for different other sources .

just apply whatever methods you use to the hier weekly and monthly timeframes and youll be able to see into the future

analysis is easier than trading thats why so many gurus out there talking shit


many times im right about direction but still lose money on trades while trying to time the market before i get it right LOL
short trump and go long the deepstate
  • #10,389
  • Jun 25, 2023 5:17pm Jun 25, 2023 5:17pm
not much of a gap for a cataclysmic civil war...im tempted to short right now but will wait for hier if can go up
short trump and go long the deepstate
  • #10,390
  • Jun 25, 2023 6:27pm Jun 25, 2023 6:27pm
if gold can get to 1928 ill short the hell out of it...time for bools to pay the quarterly piper
short trump and go long the deepstate
  • #10,391
  • Jun 25, 2023 8:12pm Jun 25, 2023 8:12pm
My two cent trading XU
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  • #10,392
  • Jun 25, 2023 9:15pm Jun 25, 2023 9:15pm
I will check the reaction of 1932 daily resistance before any buy or sell position.There is also a 4H resistance @1928.66 but that became a weak resistance now for me.Trade safe
  • #10,393
  • Jun 25, 2023 10:05pm Jun 25, 2023 10:05pm
Quoting azhantahir
hi guys. happy weekend I'm just focused on my 10-cent opinion based on RRR. Follows the market already told. Never argued with them. Last week I'm lost in the red sea of bullish candles. Today I'm having fun with BTC "If we are too scared, the market won't give us. If we are too cooky or angry, the market will take from us. If we are prepared and composed, the market will reward us. The market basically trying to teach us about emotional balance." From: Lone Stock Trader @LoneStockTrader trade safe. {image} {image}
BTC: I want to share my opinion here. please book the half profit or close everything and wait for 30800 for sell again.. if breaking above. BTC will move upside..

XAUUSD: if we are in the middle or top. this strategy will work.. all are waiting for 1940 break above for 2000 level. 1920 is important for me. that is over.
Everything, what's meant to be will find its way
  • #10,394
  • Jun 25, 2023 11:23pm Jun 25, 2023 11:23pm
Quoting Xauusdscalpr
{quote} Sure hope no one listened to you we're going to 1960
Completely agree..

we are going to 1960... one more target i want to reveal for you.. 2030..
Everything, what's meant to be will find its way
  • #10,395
  • Jun 26, 2023 1:54am Jun 26, 2023 1:54am
H1 is in a correction against H4 but H4 is also in a correction against D1 so for trading from H1 this is a standby situation for me until H4 aligns with D1 then waiting for corrections from H1 to trade back into H4/D1 is advisable at least for me.
Follow The Markets Structure - Patience and Discipline
  • #10,396
  • Jun 26, 2023 2:15am Jun 26, 2023 2:15am
Hi.. today trading bit difficult for me to identify the direction of gold
My morning trade is over 11 trade -2 loss -( 4 -BE /or low profit)/ only 5 closed more than $1 movement &tp
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  • #10,397
  • Jun 26, 2023 3:19am Jun 26, 2023 3:19am
Quoting Zebi
short 1928 tp open sl open
With how much equity¿¿
Okechukwu Jacob.C.
  • #10,398
  • Jun 26, 2023 3:25am Jun 26, 2023 3:25am
Quoting jacobokey12
{quote} With how much equity¿¿
Trying here a short term long TP 1933 with tight SL.Trade safe
  • #10,399
  • Jun 26, 2023 3:32am Jun 26, 2023 3:32am
Quoting parveenverma
{quote} Trying here a short term long TP 1933 with tight SL.Trade safe
Closed manually @1932.50 with a quick proifit/Daily resistance can react.Trade safe
  • #10,400
  • Jun 26, 2023 3:33am Jun 26, 2023 3:33am
My view is there is possibility of reversal @1934/36/ level (if 38 sure sell)
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