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  • #12,701
  • Jul 18, 2023 9:15am Jul 18, 2023 9:15am
Quoting Zebi
now im starting to hurt wont add till price starts dropping
Take care..
  • #12,702
  • Jul 18, 2023 9:16am Jul 18, 2023 9:16am
Quoting JoshLauder98
Can someone explain this price action. I’ve been trying to place a short for a couple hours now and it just keeps moving higher, looking on all time frames non it is making any sense. Some insight would be great
1982 is the first true resistance.
  • #12,703
  • Jul 18, 2023 9:21am Jul 18, 2023 9:21am
Quoting MisterMurong
{quote} Montygoldy...please, listen...stop self-destructing... {image} You deposited again just to short..you got took out for 12 grand and you still continued...wait...sells will come but you need to be patient..
Dang it, moment of silence please.
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  • #12,704
  • Jul 18, 2023 9:25am Jul 18, 2023 9:25am
Quoting MisterMurong
{quote} Based on PA, bulls want 1982.
Done...
  • #12,705
  • Jul 18, 2023 9:27am Jul 18, 2023 9:27am
Quoting MisterMurong
{quote} Dang it, moment of silence please.{image}
Can you stop making fun of him?
  • #12,706
  • Jul 18, 2023 9:28am Jul 18, 2023 9:28am
Quoting JoshLauder98
Can someone explain this price action. I’ve been trying to place a short for a couple hours now and it just keeps moving higher, looking on all time frames non it is making any sense. Some insight would be great
This is my HTF analysis. We're in a widening uptrend, and broken out of a down pennant to the upside a week or so ago. That's the technicals.
I also pay attention to Fundamentals and GeoPolitics. I watch/listen to people like Peter Schiff, Mike Maloney, George Gammon, Wealthier, Palisades Gold Radio, Liberty and Finance, Lyn Alden...And for some entertaining meltdowns Gregory Mannerino. I listen every day.

Lots of these people, who have long careers in this industry have been bullish on gold for many years and all have been ringing alarm bells that the big move above 2000 permanently is about to happen. That's not to say that it's going to go up in a straight line, but they expect it to be relatively rapid. Maneco64 on YouTube, who had a career as a trader in the City of London thinks gold could hit 2400 by the end of the year.
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  • #12,707
  • Jul 18, 2023 9:28am Jul 18, 2023 9:28am
Quoting JoshLauder98
Can someone explain this price action. I’ve been trying to place a short for a couple hours now and it just keeps moving higher, looking on all time frames non it is making any sense. Some insight would be great
Price has accumulate for about three days continue very close to the bunch of resistances. A huge number of SLs and Buy Stopss /Sell Stops were gathered above/below the resistances. That's why price hunt the SLs, convert Buy Stops and Sell Stops in market orders by a lots of manipulation below and above the resistance and change the Daily Bias from Bearish to Bullish on the middle of the day and after news and NY session manipulate again throw out the involved Buyers and Sellers again and then move upward as per the daily bias the decided.It's my thought only and different traders can have different .Trade safe
  • #12,708
  • Jul 18, 2023 9:30am Jul 18, 2023 9:30am
ware 5 complete
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  • #12,709
  • Edited 9:51am Jul 18, 2023 9:35am | Edited 9:51am
Quoting profits7
______________ with a Real Genuine BOF you Keep on Rakin $$$$$$$ 4sure ! - - - it aint Cheap
_____________ @ Zebi , will bank my profits$$$ @1984.07 and start shortin there m8 , goin to ur TP 4sure !
Don’t focus on making $$$, focus on protecting what you have.
  • #12,710
  • Jul 18, 2023 9:40am Jul 18, 2023 9:40am
im down 2200 will hold out till 3000 but not adding anymore shorts even tho looks like price is entering upper range resistance...will add when price starts falling and im under 1750 loss
short trump and go long the deepstate
  • #12,711
  • Jul 18, 2023 9:42am Jul 18, 2023 9:42am
Quoting profits7
{quote} _____________ @ Zebi , will bank profits$$$ @1984.07 and start shortin there m8
you played it better than i did
short trump and go long the deepstate
  • #12,712
  • Jul 18, 2023 9:43am Jul 18, 2023 9:43am
Daily: Pivot line still Up
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  • #12,713
  • Jul 18, 2023 9:49am Jul 18, 2023 9:49am
I gave my little account of 100 usd to a guy who proclaims to be an account manager as I'm busy and couldn't trade from the past week he did manage to bring it up to 200 usd in like 2 days and I shared his side of profit in the deal of 50/50 profit share, everything was good until yesterday night but then he opened a sell order at 1953.5 after I went to sleep and as soon as I woke up the account was in -100 usd like and the price just rose up and up until it went beyond my equity as he opened that order with a big lot size now long story short I'm left with 4 dollars that is he blew my account I don't know why I'm saying all this on the internet but just wanted to share so....yeah.
Never stop learning. Improvise, adapt, overcome.
  • #12,714
  • Jul 18, 2023 9:50am Jul 18, 2023 9:50am
Quoting JoshLauder98
Can someone explain this price action.
//----

few could say for sure.... kinda doubt is industrial demand for gold and silver......

the timing of todays 60 minute move corelates to the retail sales news...... similar to last weeks move tied to the ppi....

odds are the news has traders thinking lower rates which can at times mean a weaker dollar.....

just imagine how much better off you are that the short was not filled.....

higher highs and higher lows give you the chance to place sellstops at prior highs...... less drawdown....h
to trade and code, keep both simple... no call to impress....h
  • #12,715
  • Jul 18, 2023 9:51am Jul 18, 2023 9:51am
I’m shorting from 1982 hoping to recover some
of the losses today.
thanks for ur insight ppl
  • #12,716
  • Jul 18, 2023 9:52am Jul 18, 2023 9:52am
Jesus...Golds just on a rampage

New 4hour candle in a few minutes
  • #12,717
  • Jul 18, 2023 9:54am Jul 18, 2023 9:54am
I would be surprised if many people are looking at this and saying "Nows a good time to buy"
  • #12,718
  • Jul 18, 2023 9:56am Jul 18, 2023 9:56am
Quoting MrFanciful
I would be surprised if many people are looking at this and saying "Nows a good time to buy"
Similarly, there will be who would be like "well, this is high af, let's sell". Lol.
  • #12,719
  • Jul 18, 2023 9:58am Jul 18, 2023 9:58am
Quoting parveenverma
{quote} Price has accumulate for about three days continue very close to the bunch of resistances. A huge number of SLs and Buy Stopss /Sell Stops were gathered above/below the resistances. That's why price hunt the SLs, convert Buy Stops and Sell Stops in market orders by a lots of manipulation below and above the resistance and change the Daily Bias from Bearish to Bullish on the middle of the day and after news and NY session manipulate again throw out the involved Buyers and Sellers again and then move upward as per the daily bias the decided.It's...
Gold Bulls can try to reach close to 1994-95 today. Beware GOLD Bears. Trade safe
  • #12,720
  • Jul 18, 2023 10:02am Jul 18, 2023 10:02am
Quoting jacobokey12
{quote} At the moment the price is refusing to break close below $1950 at the moment, but likely to do so soon, probably to get to $1944 or $1938 before going up to 1977 I second your motion.. {image}
It got even higher than my expected TP ($1977)..
Okechukwu Jacob.C.
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