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  • #27,101
  • Feb 25, 2024 3:38am Feb 25, 2024 3:38am
Quoting John4y
{quote} Nonsense, there's no correlation between GOLD & Nvidia (see Chart). GOLD has been and still is considered as Safe Haven, while Nvidia is a main player on the Techno Market and therefore controversially related. Markets lately shown volatility motives are different in both; nature & origin, and much more complex than a relation to some individual stock items. {image}
pay attention that the correlation coefficient between the s&p500 and the dollar index is positive at 0.38, meaning that if the US dollar index rises, so will the index. But to some extent!
The impact of Nvidia stock on the S&P500 is clear, as is the impact of the S&P500 on the dollar and the impact of the dollar on gold.
I said that part of the movement in gold's chart is related to Nvidia stock, and it's indirect
  • #27,102
  • Feb 25, 2024 4:30am Feb 25, 2024 4:30am
Quoting keivan71
{quote} pay attention that the correlation coefficient between the s&p500 and the dollar index is positive at 0.38, meaning that if the US dollar index rises, so will the index. But to some extent! The impact of Nvidia stock on the S&P500 is clear, as is the impact of the S&P500 on the dollar and the impact of the dollar on gold. I said that part of the movement in gold's chart is related to Nvidia stock, and it's indirect
Believe whatever is convenient to you
Happy trading
  • #27,103
  • Feb 25, 2024 12:16pm Feb 25, 2024 12:16pm
2027.XX first thing first..
later we will see price wish
  • #27,104
  • Feb 25, 2024 2:33pm Feb 25, 2024 2:33pm
Quoting NextElliott
{quote} Those who entered @ 2016 Just relax and wait for 2050.
Wait for 2050..
I'm not always right.. I'm not always wrong neither
  • #27,105
  • Feb 25, 2024 4:08pm Feb 25, 2024 4:08pm
Attached Image (click to enlarge)
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Don’t focus on making $$$, focus on protecting what you have.
  • #27,106
  • Feb 25, 2024 5:12pm Feb 25, 2024 5:12pm
Gold buy @ 2035... SL- 2028... TP- 2050
I'm not always right.. I'm not always wrong neither
  • #27,107
  • Feb 25, 2024 5:32pm Feb 25, 2024 5:32pm
Quoting profits7
{image} {image}
_____________ ATM =
Attached Image (click to enlarge)
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Don’t focus on making $$$, focus on protecting what you have.
  • #27,108
  • Feb 25, 2024 6:17pm Feb 25, 2024 6:17pm
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Don’t focus on making $$$, focus on protecting what you have.
  • #27,109
  • Feb 26, 2024 12:40am Feb 26, 2024 12:40am
checking pa , likely continue bull / bounce up as good weekly spike up to have a failure if . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #27,110
  • Feb 26, 2024 1:12am Feb 26, 2024 1:12am
Quoting NextElliott
Gold buy @ 2035... SL- 2028... TP- 2050
Only 3 persons liked this call?!
I'm not always right.. I'm not always wrong neither
  • #27,111
  • Feb 26, 2024 1:26am Feb 26, 2024 1:26am
Quoting NextElliott
{quote} Only 3 persons liked this call?!
any like not any enough ! anyway for scalping target can be just above 2036 ( gap filling 2035.57 ! ) , say 38 having limit down 2029.13 intact , otherwise for 50 may need sl below 2022. at least go with pa , be set and no loss as possible swing ! otherwise tp over 2036 scalping , long short both may play next as it moves next! take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #27,112
  • Feb 26, 2024 1:31am Feb 26, 2024 1:31am
Quoting fontu
{quote} any like not any enough ! anyway for scalping target can be just above 2036 ( gap filling 2035.57 ! ) , say 38 having limit down 2029.13 intact , otherwise for 50 may need sl below 2022. at least go with pa , be set and no loss as possible swing ! otherwise tp over 2036 scalping , long short both may play next as it moves next! take care
2050...
I'm not always right.. I'm not always wrong neither
  • #27,113
  • Feb 26, 2024 1:40am Feb 26, 2024 1:40am
Quoting NextElliott
{quote} 2050...
ok the more release thread or ready take loss in sl the higher the tp goes , me also 2049 , 65 and 80 set as weekly spikes and sl changing to below 31.80/29.13 or even 2021. lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #27,114
  • Feb 26, 2024 1:46am Feb 26, 2024 1:46am
Quoting NextElliott
{quote} 2050...
Hi NextElliott, can you tell me what method you use to determine your levels?
To succeed, plant the seeds of patience and uproot the weeds of greed.
  • #27,115
  • Feb 26, 2024 2:05am Feb 26, 2024 2:05am
Quoting DocAtFx
{quote} Hi NextElliott, can you tell me what method you use to determine your levels?
I have to write a whole book to answer your this question...
I'm not always right.. I'm not always wrong neither
  • #27,116
  • Feb 26, 2024 2:13am Feb 26, 2024 2:13am
We would love to read your book.
  • #27,117
  • Feb 26, 2024 2:16am Feb 26, 2024 2:16am
Quoting NextElliott
{quote} Only 3 persons liked this call?!
Dont you want it to play out first before you get credit? lol
TechKnow
  • #27,118
  • Feb 26, 2024 2:17am Feb 26, 2024 2:17am
Quoting NextElliott
{quote} Only 3 persons liked this call?!
well i wanted to like it, but the message i got was an obstacle .. but count that as 5 for now
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Candlesticks dont move markets, Volume does
  • #27,119
  • Feb 26, 2024 2:23am Feb 26, 2024 2:23am
Quoting NextElliott
{quote} I have to write a whole book to answer your this question...
Let me know when it's done
To succeed, plant the seeds of patience and uproot the weeds of greed.
  • #27,120
  • Feb 26, 2024 2:24am Feb 26, 2024 2:24am
this is how i see price playing out .. while heading towards 2050..
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Candlesticks dont move markets, Volume does
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