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Gold

  • #26,681
  • Feb 13, 2024 5:41am Feb 13, 2024 5:41am
India’s and Turkey’s central banks start the new year buying gold | Kitco News
  • #26,682
  • Feb 13, 2024 5:42am Feb 13, 2024 5:42am
US CPI Data to Show Disinflation Handoff From Goods to Services - BNN Bloomberg
  • #26,683
  • Feb 13, 2024 6:10am Feb 13, 2024 6:10am
Quoting WizLmao
excuse me guys , im currently holding my sell at 2026.006 and should i hold until the news or cutloss it? thanks.
If 2029 will not hold then price can attack 2033 and 2037-38 as per technical analysis point view not as per fundamental view but if it will hold then price can drop up to 2021-22 possibly. So you have to watch this level carefully.Red news ahead so be careful.Trade safe
  • #26,684
  • Feb 13, 2024 6:15am Feb 13, 2024 6:15am
Quoting venomvil
{quote} could you please tell where can I find this weekly bias? is this an application?
https://www.fxstreet.com/rates-charts/xauusd
enjoy


P.S. i go at investing.com & fxstreet.com mostly
dolce vita
  • #26,685
  • Feb 13, 2024 7:09am Feb 13, 2024 7:09am
Quoting parveenverma
{quote} If 2029 will not hold then price can attack 2033 and 2037-38 as per technical analysis point view not as per fundamental view but if it will hold then price can drop up to 2021-22 possibly. So you have to watch this level carefully.Red news ahead so be careful.Trade safe
will spike possible in red news?
Be Calm In Every Situation
  • #26,686
  • Feb 13, 2024 7:19am Feb 13, 2024 7:19am
Quoting sambhav30
{quote}will spike possible in red news?
yes
Lou Vincii Code
  • #26,687
  • Feb 13, 2024 7:23am Feb 13, 2024 7:23am
Quoting sambhav30
{quote}will spike possible in red news?
I think price will drop first because price need to kiss that 2021-22 level before any possible upward move. Usually I do not trade red news but as per technical perspective that area need to be tested. I may be wrong.Trade safe
  • #26,688
  • Feb 13, 2024 7:26am Feb 13, 2024 7:26am
Quoting NextElliott
{quote} Expecting 2035-2038 soon..
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Sometime we can identify this pattern successfully.. Sometime we failed...
I'm not always right.. I'm not always wrong neither
  • #26,689
  • Feb 13, 2024 7:33am Feb 13, 2024 7:33am
Quoting S3000
US CPI Data to Show Disinflation Handoff From Goods to Services - BNN Bloomberg
This was helpful, thank you.
  • #26,690
  • Feb 13, 2024 7:37am Feb 13, 2024 7:37am
Quoting erap
sell 2027 tp 2011 ???
done .. out 2013
  • #26,691
  • Feb 13, 2024 7:45am Feb 13, 2024 7:45am
Keep it Clean as usual!!!!
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ryoiki tenkai : Blue Juggernaut
  • #26,692
  • Feb 13, 2024 7:52am Feb 13, 2024 7:52am
Quoting NextElliott
{quote} Before going to 2010 I'm expecting 2036 for Gold.
Tested 2010..
I'm not always right.. I'm not always wrong neither
  • #26,693
  • Feb 13, 2024 7:57am Feb 13, 2024 7:57am
my target 1991
  • #26,694
  • Feb 13, 2024 8:05am Feb 13, 2024 8:05am
Volatility & Inflation madness ; widens today range
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  • #26,695
  • Feb 13, 2024 8:07am Feb 13, 2024 8:07am
At what point do you recommend purchasing?
  • #26,696
  • Feb 13, 2024 8:07am Feb 13, 2024 8:07am
Quoting parveenverma
{quote} I think price will drop first because price need to kiss that 2021-22 level before any possible upward move. Usually I do not trade red news but as per technical perspective that area need to be tested. I may be wrong.Trade safe
Price crawling within very very strong support zone.......If it will be breached then next target for Gold become 1987,1980.If support hold then price will start moving up slowly to kiss 2018-19 again.I am done for the day.Trade safe all
  • #26,697
  • Feb 13, 2024 8:12am Feb 13, 2024 8:12am
Quoting NextElliott
{quote} I'm expecting bottom levels for Gold are: 2010.. 1996.. 1972..I want to open 3 buys from these 3 levels.. Lets see.. Extreme 1972.. Not more than that.
As mentioned 2010.. 1996.. 1972..
I'm not always right.. I'm not always wrong neither
  • #26,698
  • Feb 13, 2024 8:20am Feb 13, 2024 8:20am
Quoting Purdonious
{quote} TP hit. Looking for the next short setup. Edit: CPI is around the corner, probably stay out until I see a direction based on this.

What a DROP. Fun with gold!

Just put in a small long with a tight SL @ 2000. See if that holds to run up for a re-test around 2010?

Then I'll try and get in for another short with any luck, in the near future.

Still quite a bit of pressure to break that 2000 mark, though. Will not be a shocker if it blasts through, yet.
  • #26,699
  • Feb 13, 2024 8:22am Feb 13, 2024 8:22am
Quoting Doublepanda
Just sell to the psychological $2000 support and await price for sell continuation or trend reversal

smooth and easy
ryoiki tenkai : Blue Juggernaut
  • #26,700
  • Feb 13, 2024 9:07am Feb 13, 2024 9:07am
Quoting Raadco
my target 1991
Done, now it's time for DOTA 2
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Dominicus