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  • #25,001
  • Jan 1, 2024 9:55am Jan 1, 2024 9:55am
Quoting Ravenfeeder
{quote} me neither lol I wanted to ask here what everyone thinks of tomorrow's opening price? Probably gap up, even though Chinese data was bad the weekend, tomorrow morning has more Chinese news (Caixin PMI), which could go either way, however the Tsunami as well as the US firing on the the Houthi in the Red Sea should send it up, not to mention additional Gold sales happening all over the world this past weekend...
I am on twitter watching news tweets and all fundamentals.
Everything is confusing here like if USDJPY and GBPJPY goes up Gold should open with Gap down.
Due to earthquake in Japan, JPY must have been weakened against other currencies. And in my 4 months of trading I have seen whenever other pairs go Buy, Gold Spot goes Sell. If JPY is weakening due to earthquake, all pairs against JPY would be gaining strength. Which means all the charts against JPY are going to be Green. While we see bloodshed on Gold Spot.
Secret to the Price Action is Liquidity.
  • #25,002
  • Jan 1, 2024 10:32am Jan 1, 2024 10:32am
Quoting iusman23
{quote} I am on twitter watching news tweets and all fundamentals. Everything is confusing here like if USDJPY and GBPJPY goes up Gold should open with Gap down. Due to earthquake in Japan, JPY must have been weakened against other currencies. And in my 4 months of trading I have seen whenever other pairs go Buy, Gold Spot goes Sell. If JPY is weakening due to earthquake, all pairs against JPY would be gaining strength. Which means all the charts against JPY are going to be Green. While we see bloodshed on Gold Spot.
Thank you for your insights... There's gonna be some opening volatility for sure!
"Who Dares Wins"
  • #25,003
  • Jan 1, 2024 11:26am Jan 1, 2024 11:26am
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Quoting Ravenfeeder
{quote} Thank you for your insights... There's gonna be some opening volatility for sure!
  • #25,004
  • Edited 1:52pm Jan 1, 2024 1:39pm | Edited 1:52pm
Quoting Ravenfeeder
{quote} Thank you for your insights... There's gonna be some opening volatility for sure!
any idea about 2011 tsunami in japan
  • #25,005
  • Jan 1, 2024 1:46pm Jan 1, 2024 1:46pm
Quoting Preethi
Any chance to rise in prices tomorrow due to tsunami in japan?
Why would Gold rise in price if Japan have been hit by a natural disaster? This will impact the JPY negatively which means USD should go up and therefore XAUUSD goes down

How on earth are people thinking Price will go up because of Japan having this?
  • #25,006
  • Edited 3:04pm Jan 1, 2024 2:32pm | Edited 3:04pm
Quoting Xauusdscalpr
{quote} Why would Gold rise in price if Japan have been hit by a natural disaster? This will impact the JPY negatively which means USD should go up and therefore XAUUSD goes down How on earth are people thinking Price will go up because of Japan having this?
Yeah, I'm not sure about the JPY, but because both DXY and Gold can be a safe haven there is a chance both go up tomorrow, when the correlation gets inversed and they do not affect each other inversely, like when both go up when the wars initially broke out.
"Who Dares Wins"
  • #25,007
  • Jan 1, 2024 2:34pm Jan 1, 2024 2:34pm
Hi i have been following this thread since few months, but learnt a lot. i hope to see gold down
  • #25,008
  • Jan 1, 2024 2:53pm Jan 1, 2024 2:53pm
Quoting Ravenfeeder
{quote} Yeah, I'm not sure about the JPY, but because both DXY and Gold cam be a safe haven there is a chance both go up tomorrow, when the correlation gets inversed and they do not affect each other inversely, like when they both go up like when the wars initially broke out.
yes
  • #25,009
  • Jan 1, 2024 4:30pm Jan 1, 2024 4:30pm
The market has opened USDJPY gaped down, is this saying gold is going to gap up?
  • #25,010
  • Jan 1, 2024 5:14pm Jan 1, 2024 5:14pm
Quoting azhantahir
{quote} Last moves for sell-off. Buying approaching just a personal opinion {image}
Going up.
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Look right, we'll see the signs
  • #25,011
  • Jan 1, 2024 5:57pm Jan 1, 2024 5:57pm
Quoting azhantahir
{quote} Going up. {image}
TFM1 minor (shorts)

Just focused on minor scalps. Let's see what the prices going to do. It's too early, but it's OK. Take it for granted
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Look right, we'll see the signs
  • #25,012
  • Jan 1, 2024 6:08pm Jan 1, 2024 6:08pm
Quoting azhantahir
{quote} TFM1 minor (shorts) Just focused on minor scalps. Let's see what the prices going to do. It's too early, but it's OK. Take it for granted {image}

Done for Opening session. Take a breath. Coffee break.
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Look right, we'll see the signs
  • #25,013
  • Jan 1, 2024 7:31pm Jan 1, 2024 7:31pm
what happens after 10.30 at Tokyo
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Look right, we'll see the signs
  • #25,014
  • Jan 1, 2024 7:40pm Jan 1, 2024 7:40pm
Quoting azhantahir
what happens after 10.30 at Tokyo {image}
Zero volume in the market for 30 minutes till the London Opens.
Secret to the Price Action is Liquidity.
  • #25,015
  • Jan 1, 2024 7:48pm Jan 1, 2024 7:48pm
Waiting for the London Open.
I prefer for myself to not to trade till the Daily candle breaks previous candle's highs/lows so the Gold Spot chooses it's New Year Direction.
See you in London Openning Mates.
Secret to the Price Action is Liquidity.
  • #25,016
  • Jan 1, 2024 7:49pm Jan 1, 2024 7:49pm
Quoting azhantahir
what happens after 10.30 at Tokyo {image}
today tokyo is closed na
Be Calm In Every Situation
  • #25,017
  • Jan 1, 2024 7:51pm Jan 1, 2024 7:51pm
Quoting iusman23
Waiting for the London Open. I prefer for myself to not to trade till the Daily candle breaks previous candle's highs/lows so the Gold Spot chooses it's New Year Direction. See you in London Openning Mates.
same here bro.....now i am going to college..wait for london zone
Be Calm In Every Situation
  • #25,018
  • Jan 1, 2024 8:11pm Jan 1, 2024 8:11pm
Quoting sambhav30
{quote} today tokyo is closed na
It's about Quarterly Theory.
Look right, we'll see the signs
  • #25,019
  • Jan 1, 2024 8:24pm Jan 1, 2024 8:24pm
_____________ still s$harin
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Don’t focus on making $$$, focus on protecting what you have.
  • #25,020
  • Jan 1, 2024 8:28pm Jan 1, 2024 8:28pm
Quoting azhantahir
what happens after 10.30 at Tokyo {image}
In progress
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Look right, we'll see the signs
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