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  • #20,101
  • Sep 29, 2023 7:54am Sep 29, 2023 7:54am
As far I can see the reports were not that good for the dollar. After 20 min DXY is dropping and gold slowly working its way up. Thats the facts.
Manipulation still may happen and also that previous reports from last week is still in effect and weighs heavier than todays data and that we need to go lower before fundamentals will help getting the gold up.
  • #20,102
  • Sep 29, 2023 8:05am Sep 29, 2023 8:05am
Quoting d1zzy
{quote} You didn't share your daily ADR, I look forward to seeing them
hi,
as I remember, usually (or more often) I write about DeMark's S&R (Daily), than a middle line of daily candle.., and some days about ADR
so
DeMark's R1 at 1872.06.., price is a slightly above right now.., broken already, -I do not now, I opened chart a few minutes ago
( to complete.., S1 at 1850.09 )
68 16 is a middle line of daily candle for now, while writing it's already at 69.23
&
ADR shows 57.92&78.73 as a L&H

P.S. I left "symbolic" part of my yesterday long ( to see where we now ).., now it's around 150 (+)
dolce vita
  • #20,103
  • Sep 29, 2023 8:06am Sep 29, 2023 8:06am
Quoting babayaga
{quote} hi, as I remember, usually (or more often) I write about DeMark's S&R (Daily), than a middle line of daily candle.., and some days about ADR so DeMark's R1 at 1872.06.., price is a slightly above right now.., broken already, -I do not now, I opened chart a few minutes ago ( to complete.., S1 at 1850.09 ) 68 16 is a middle line of daily candle for now, while writing it's already at 69.23 & ADR shows 57.92&78.73 as a L&H P.S. I left "symbolic" part of my yesterday long ( to see where we now ).., now it's around 150 (+)...
and 1876.97 is DR1 (Classic)
dolce vita
  • #20,104
  • Sep 29, 2023 8:08am Sep 29, 2023 8:08am
Gold is going up! Let's hope it'll go up even more!
  • #20,105
  • Sep 29, 2023 8:11am Sep 29, 2023 8:11am
Quoting onesks
Gold is going up! Let's hope it'll go up even more!
If we see Gold above 2000$, I think we'll never see it below 2000$ again in our lives.

And yes, hopefully it continues to go up, up and only up.
  • #20,106
  • Sep 29, 2023 8:13am Sep 29, 2023 8:13am
Quoting TheWraith
{quote} If we see Gold above 2000$, I think we'll never see it below 2000$ again in our lives. And yes, hopefully it continues to go up, up and only up.
Hope so...This might be your last chance to get physical gold below $2000
  • #20,107
  • Sep 29, 2023 8:16am Sep 29, 2023 8:16am
1884/85 is key resistance level. If can break it, we are soon in 19xx again. If not, come back to 1858 again or even lower to ~1800. This is my view atm
  • #20,108
  • Sep 29, 2023 8:20am Sep 29, 2023 8:20am
Quoting MrFanciful
{quote} Hope so...This might be your last chance to get physical gold below $2000
Indeed it is.

If 2008 happens again, Gold should be at 5500$ - 6000$.
In 2008, Gold went from 650$ to over 1900$ (x3).

We'll see...

It's still "cheap" for which reason not so wise people think Gold is nothing, but Gold is everything and our future.

We were told by them that Gold is the future... we just had to listen.
  • #20,109
  • Sep 29, 2023 8:27am Sep 29, 2023 8:27am
Gonna end my trading for this week! Especially now on a plus! Not as big of a plus as usual as I had a bad position on EURUSD, but managed to cover it on the movement just now with GOLD.

Goodluck with the rest of your trading today guys! =)
  • #20,110
  • Sep 29, 2023 8:30am Sep 29, 2023 8:30am
Quoting TheWraith
{quote} Indeed it is. If 2008 happens again, Gold should be at 5500$ - 6000$. In 2008, Gold went from 650$ to over 1900$ (x3). We'll see... It's still "cheap" for which reason not so wise people think Gold is nothing, but Gold is everything and our future. We were told by them that Gold is the future... we just had to listen.
If it's good enough for Central Banks to be buying it in record amounts, thats good enough for me.
  • #20,111
  • Sep 29, 2023 8:31am Sep 29, 2023 8:31am
Hope to Touch the TP .
My Opinion : We are in a big Trading Range and Price will back to 1866 (Close Point) like many time's ...
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Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #20,112
  • Sep 29, 2023 8:35am Sep 29, 2023 8:35am
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  • #20,113
  • Sep 29, 2023 8:35am Sep 29, 2023 8:35am
I think I should have closed at the equal high
  • #20,114
  • Sep 29, 2023 8:48am Sep 29, 2023 8:48am
These days, bad or good US news doesn't go in the right direction again... WT***
  • #20,115
  • Sep 29, 2023 8:48am Sep 29, 2023 8:48am
Very busy in the office but manage to catch my favorite pattern with pending order.
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  • #20,116
  • Sep 29, 2023 8:57am Sep 29, 2023 8:57am
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my trade plan for gold.
see you monday guys....
  • #20,117
  • Sep 29, 2023 9:03am Sep 29, 2023 9:03am
Good news for gold, expect heavy selling, and a dollar rally
  • #20,118
  • Sep 29, 2023 9:05am Sep 29, 2023 9:05am
I saw that in a few years at currant rate of growth, the US interest payments on their debt will be abot 75% of their tax revenue. I'm really sure eveyone will be lineing up to buy the dollar and treasuries then
  • #20,119
  • Sep 29, 2023 9:14am Sep 29, 2023 9:14am
I don't know how much benefited from my signal in my telegram grp,hit TP...This week good
See you guys Next week...

Happy Weekend
Its all about Timing!!!
  • #20,120
  • Sep 29, 2023 9:22am Sep 29, 2023 9:22am
This pump and dump has killed my account, my fault, I should've seen it coming and should apply proper risk management, I cannot trade gold, moves make no sense and I can't get my head around it, making me irrational.

I'm taking a break, maybe I will return, maybe I won't, I've funded alot of holidays for the big boys this month. I think its time to just accept facts and spot dca invest loose change into memecoins and stocks, will probably see more rewards over time lmao.

There's a reason 85% lose money, its not for everyone, I got sucked into the retail trap.

Ciao!
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