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  • #30,181
  • Apr 4, 2024 12:21am Apr 4, 2024 12:21am
Quoting profits7
{quote} ________ he's just a mobile_demo_Freak , plenty of them here in this room
There are. I don't think it is an entitlement to call for someone's proof of their trades. If someone is posting 50 lot trades on gold and bragging about it, it is fair game to be questioned about its authenticity. This is a forum for learning, not just posting your bullshit screenshot to act like a boss when you are trading fake money. The very fact he was called out and could not provide any link is all the proof that is needed. I don't care if it hurts people's feelings; this is not a place for misleading people or getting an ego boost. Real money and real people are on the line every day, and if you post your screenshot without evidence all the time, you better be damn sure you will get called out. I fully support the need for anyone "teaching" others to be forced to have a trade explorer or their Fxbook link in their profile. Otherwise, you are just letting yourself be led by frauds. Dont buy into the BS. Don't, let yourself get caught up in learning from people that will not show you proof of their trading.
TechKnow
  • #30,182
  • Apr 4, 2024 12:38am Apr 4, 2024 12:38am
Quoting Danoli
Hmmmmmm {image}
this is very interesting. Out of a learning perspective, I wonder what leads people to believe the price will fall before the end of this week? If tensions increase, trust in commodities continues? (Very inexperienced person talking here)
  • #30,183
  • Edited 3:28am Apr 4, 2024 1:10am | Edited 3:28am
Quoting ParthSharma
{quote} can you pls elaborate for better understanding? Would be helpful for everyone. Thanks in advance.
Yes, it is a template that i use. It is based on stacey burke method. And i think stacey burke have ti from steve mauro.

I basiscally look for 3 levels of rise in a 3 day cycle. (current day, yesterday, day before yesterday). If we have a 3 day breakout basicaly three things can happen.
It will range, it will breakout again, it will reverse. Then it is an important question are we locking in the high or low? I try to from only 3 levels. High-Low, and yesterday close to keep things simple.

https://elementary-trading.com/3-level-patterns/
  • #30,184
  • Apr 4, 2024 1:17am Apr 4, 2024 1:17am
Whatever DXY does to this circled OB today will determine the NFP tomorrow and Gold is just patiently waiting to act but based on currency strength meter bias USD is down so I expect to see DXY fall and gold currently has no sell OB on 1H and above, so I won’t let any smaller TF sell set up move me. Have a lovely day
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ryoiki tenkai : Blue Juggernaut
  • #30,185
  • Apr 4, 2024 3:45am Apr 4, 2024 3:45am
Quoting Elliottway
{quote} from 2305. Am seeing this number 2233
2286-8 level. Am planning to hold buy for decent target. Stop-loss below last swing low.
SURFER
  • #30,186
  • Apr 4, 2024 3:53am Apr 4, 2024 3:53am
Quoting Elliottway
{quote} 2286-8 level. Am planning to hold buy for decent target. Stop-loss below last swing low.
Fib Support your Analysis but lets see gold always surprised us:
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  • #30,187
  • Apr 4, 2024 4:43am Apr 4, 2024 4:43am
Quoting Elliottway
{quote} 2286-8 level. Am planning to hold buy for decent target. Stop-loss below last swing low.
When will the market realize the FED is hawkish and they won't cut rates soon, maybe not at all this year... If that happens along with strong NFP, and people drop their pride and settle for negotiations on peace, Gold should finally drop nicely.
"Who Dares Wins"
  • #30,188
  • Apr 4, 2024 4:57am Apr 4, 2024 4:57am
Waiting test or break limit 2288.28 , tl may then 2286 in h4 tf next candle. Anyway bull very intact!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #30,189
  • Apr 4, 2024 5:21am Apr 4, 2024 5:21am
Quoting Ravenfeeder
{quote} When will the market realize the FED is hawkish and they won't cut rates soon, maybe not at all this year... If that happens along with strong NFP, and people drop their pride and settle for negotiations on peace, Gold should finally drop nicely.
2300 is holding nicely to be the first line on the sand, for the potential negotiation.
Success = Practice + Patience + Persistence
  • #30,190
  • Apr 4, 2024 5:38am Apr 4, 2024 5:38am
Quoting fontu
Waiting test or break limit 2288.28 , tl may then 2286 in h4 tf next candle. Anyway bull very intact! {image}
thank you for your insights fontu! So basically if we can break 2267 (after 2287) we can look at going down a bit? the bullish trend is getting a bit old now.
"Who Dares Wins"
  • #30,191
  • Apr 4, 2024 5:44am Apr 4, 2024 5:44am
It is interesting how NATO wants to 'negotiate' with Russia.
NATO expanded in Sweden and Finland which goes against previous agreements on NATO border expansion. NATO also appears intent on defining a Russia NATO border for future conflicts. NATO does appear to be stepping back from the notion of splitting Russia into 3 or 4 separate countries.
The real war criminal in this has been the US and interfering CIA from the start but they won't be held accountable!
The clear 'loser' has been Ukraine and all the countries who supported Ukraine and accepted Ukrainian refugees with the exception of the war profiteers like Zelensky who went from being a failed actor to a multi-millionaire.
The US general public never supported the war. At least the press isn't being manipulated anymore to say that there is support in the US for the war.
  • #30,192
  • Apr 4, 2024 5:52am Apr 4, 2024 5:52am
I think we will hit a new high today
My target 2320 & 2323
  • #30,193
  • Apr 4, 2024 6:00am Apr 4, 2024 6:00am
Quoting profits7
______________ ATM = {image} {image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #30,194
  • Apr 4, 2024 6:02am Apr 4, 2024 6:02am
Quoting dantpm
It is interesting how NATO wants to 'negotiate' with Russia. NATO expanded in Sweden and Finland which goes against previous agreements on NATO border expansion. NATO also appears intent on defining a Russia NATO border for future conflicts. NATO does appear to be stepping back from the notion of splitting Russia into 3 or 4 separate countries. The real war criminal in this has been the US and interfering CIA from the start but they won't be held accountable! The clear 'loser' has been Ukraine and all the countries who supported Ukraine and accepted...
The proxy war the CIA has put on Russia via Ukraine is a terrible thing.

Ukraine's leaders and US leaders are soaking up the money from this BS war that is devastating an entire generation of human beings all because their warmongering minds refuse to believe anyone can live peacefully. Thankfully, as Dantm says. The propaganda is failing and its very clear the public does not support this war, no matter what lies they tell us. What does this have to do with gold you may ask? Your answer? Everything.
TechKnow
  • #30,195
  • Apr 4, 2024 6:04am Apr 4, 2024 6:04am
Quoting Techknow
{quote} The proxy war the CIA has put on Russia via Ukraine is a terrible thing. Ukraine's leaders and US leaders are soaking up the money from this BS war that is devastating an entire generation of human beings all because their warmongering minds refuse to believe anyone can live peacefully. Thankfully, as Dantm says. The propaganda is failing and its very clear the public does not support this war, no matter what lies they tell us. What does this have to do with gold you may ask? Your answer? Everything.

So if the war ends, will gold fall, and if not, will gold keep rising?
  • #30,196
  • Apr 4, 2024 6:11am Apr 4, 2024 6:11am
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  • #30,197
  • Apr 4, 2024 6:12am Apr 4, 2024 6:12am
Quoting Blavity01
{quote} So if the war ends, will gold fall, and if not, will gold keep rising?
It would definitely make a difference. However, sadly, we have so many problems in the world right now it could be propped up on a number of things.

However, if it makes anyone feel better, we will have a wave structure complete in the 2340-70 area and could see a fair amount of retrace at that time.

However, from a fundamental standpoint with gold, it takes one bomb in the wrong place, a leader being assassinated, one diplomatic disaster, or any one single natural disaster to create a demand for gold at any given time. I assure you if the bombs start REALLY falling, gold will skyrocket into oblivion. For now, I'm looking for a retrace in the previously mentioned area.

There is always a push and pull between technicals and fundamentals, and when you understand the relationship between the two you will always be able to know when to make the right trade. Im a technical trader but I always make sure im aware of whats happening on the fundamental side to not get caught off guard.
TechKnow
  • #30,198
  • Apr 4, 2024 6:13am Apr 4, 2024 6:13am
Quoting Blavity01
{quote} So if the war ends, will gold fall, and if not, will gold keep rising?
It has to do with increasing the money supply to pay for the war which is also effectively devaluing the currency (ies).
  • #30,199
  • Apr 4, 2024 6:14am Apr 4, 2024 6:14am
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  • #30,200
  • Apr 4, 2024 6:17am Apr 4, 2024 6:17am
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