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  • #21,861
  • Edited 7:59am Oct 23, 2023 7:05am | Edited 7:59am
Quoting Ravenfeeder
Hi, hope everyone had a good rest the weekend, and that this week will be prosperous. I am surprised that (almost) nobody here expects Gold to re-test 2000 (though it never touched)? I do expect this, due to the demand, but I could be very wrong
Demand is up there, Gold was showing some weakness Friday night, but it doesn't seem to be much weakness as it already filled the gap this morning. I think if it manages to push past 1982 we may potentially see 2000, if the Israel conflict wasn't in the picture right now I'd be saying it would just continue with a down trend, but now these days anything can happen to make gold shoot up again.

Looking at the monthly chart though, when gold was at this similar price in mid 2020 (as I said earlier in this thread I think), then it dropped again. This is why I think if it reaches 2000 it won't go much higher than that and will go down.

Right now I'm not trading myself and waiting for the right time to make moves, atm I'm not so confident making a position.

Again anything can happen in the markets and I could be 100% wrong in everything here haha, just sharing my thoughts! =)
  • #21,862
  • Oct 23, 2023 7:24am Oct 23, 2023 7:24am
Congratulations LunaticFinance. All 5 signals hit TP. Give us more; we are getting greedy.
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Love for all; Hatred for none.
  • #21,863
  • Oct 23, 2023 7:25am Oct 23, 2023 7:25am
_________ another freeeebeeeee and NOT these silleee stupid ancient levels 4sure !
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Don’t focus on making $$$, focus on protecting what you have.
  • #21,864
  • Oct 23, 2023 8:12am Oct 23, 2023 8:12am
Quoting aahmad29
Congratulations LunaticFinance. All 5 signals hit TP. Give us more; we are getting greedy. {image}
Hey, don't share business promoting tactics in this group.
If you have any guts, share the calls for atleast a month and someone here can think about lunaticFinance. Until then please refrain from posting junk and spam this board
  • #21,865
  • Oct 23, 2023 8:22am Oct 23, 2023 8:22am
Quoting forkstrader
{quote} Hey, don't share business promoting tactics in this group. If you have any guts, share the calls for atleast a month and someone here can think about lunaticFinance. Until then please refrain from posting junk and spam this board
Ok if it hurts your feelings , I won’t do it. Please at least you provide good signals to new traders.
Love for all; Hatred for none.
  • #21,866
  • Oct 23, 2023 8:28am Oct 23, 2023 8:28am
2 targets above as directional bias.
TP anytime, do not have to reach target.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #21,867
  • Oct 23, 2023 8:34am Oct 23, 2023 8:34am
apparently all aligned to move forwards , down ! waiting !
1974.47 breaks but need retest and hold !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,868
  • Oct 23, 2023 8:38am Oct 23, 2023 8:38am
Quoting fontu
apparently all aligned to move forwards , down ! waiting ! {image}
Today’s daily profile is building below my trend line so when market close then I will have Sell signal
Love for all; Hatred for none.
  • #21,869
  • Oct 23, 2023 8:40am Oct 23, 2023 8:40am
Quoting aahmad29
{quote} Ok if it hurts your feelings , I won’t do it. Please at least you provide good signals to new traders.
Its all about Timing!!!
  • #21,870
  • Oct 23, 2023 9:16am Oct 23, 2023 9:16am
There a long red candle, on M15 and M30 which means gold dipped from 1978 to 1970. What caused this dip? what happened out there?
Secret to the Price Action is Liquidity.
  • #21,871
  • Edited 10:07am Oct 23, 2023 9:25am | Edited 10:07am
checking usdx . as fighting going on to keep the situation under control, usdx more healthy but becoming a bulky head with already good breakouts , the last leg up corrected over about 40 % . now over 105.77 tl support , may tolerated to 105.20 even in its existing set up but at that time the bulky head become bulkier and good risk of good failure further towards bottom possible in round top fashion ! lets see if 105.77 or arounds support or further fall till last tolerance level !

without news day who is selling usd like water ! anyway still playing arounds 105.77 supports !

for gold no much effects ( may retest 1979/81 ) but need wait for other pairs ( like eu ., gu ) bouncing withing limits to calm down and re align !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,872
  • Oct 23, 2023 9:54am Oct 23, 2023 9:54am
Quoting iusman23
There a long red candle, on M15 and M30 which means gold dipped from 1978 to 1970. What caused this dip? what happened out there?
Dow opening
  • #21,873
  • Oct 23, 2023 9:58am Oct 23, 2023 9:58am
I'm waiting for gold to reach top of previous H4 red candle. However, against the trend, which I don't like. Market very sideways, don't like it. Economic calendar very light and its Monday, most traders still suffer from a babalaas (hangover) after the weekend.
  • #21,874
  • Oct 23, 2023 10:10am Oct 23, 2023 10:10am
Is there a correlation between equity markets and gold?
  • #21,875
  • Oct 23, 2023 11:59am Oct 23, 2023 11:59am
no visible shock in gold so far with freefall usdx ! so waiting still 1971 breaks and hold to play down that level !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,876
  • Oct 23, 2023 12:06pm Oct 23, 2023 12:06pm
Quoting fontu
no visible shock in gold so far with freefall usdx ! so waiting still 1971 breaks and hold to play down that level ! {image} {image}
It's coming down fast now.
  • #21,877
  • Oct 23, 2023 12:09pm Oct 23, 2023 12:09pm
My Pepperstone chart has a different opinion.
  • #21,878
  • Oct 23, 2023 12:15pm Oct 23, 2023 12:15pm
[quote=Bakker;14627731]{quote} It's coming down fast now.[/quote/]
waiting , may need another hour to burst if NR5 asH1 tf there a insider bar . and usdx not get to the support yet !105.43 now , support may at 105.28.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,879
  • Oct 23, 2023 12:48pm Oct 23, 2023 12:48pm
OK, so at 1h we do have a trend-line which I believe will be broken. I'm not going into 15m or 5m because I guess market is ranging now.
I'm thinking to ~1950 level for tomorrow. This week will be a bit boring compared to good profits from last week ))
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Trend following
  • #21,880
  • Oct 23, 2023 3:48pm Oct 23, 2023 3:48pm
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Love for all; Hatred for none.
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