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  • #34,981
  • Jun 25, 2024 10:16am Jun 25, 2024 10:16am
watching breaks 2323 and if close H4 below or breaks 2317 to have enough signal for bottom and more test. 2305/2281 to even 2234 ! . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #34,982
  • Jun 25, 2024 10:25am Jun 25, 2024 10:25am
Very slow from yesterday but short yesterday still running
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  • #34,983
  • Jun 25, 2024 10:28am Jun 25, 2024 10:28am
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  • #34,984
  • Jun 25, 2024 11:01am Jun 25, 2024 11:01am
Quoting Serve
{quote} It possibly might do so tomorrow. We will probably see a massive drop to clear the previous weekly lows
Sorry but no drop, every single dip is furiously bought, just look at the 1/4h chart, so many wicks. I just dont get why the price cant go to 2500 already.
  • #34,985
  • Jun 25, 2024 11:38am Jun 25, 2024 11:38am
Goldie going for 2305 just a matter of time patience
average dude treading water
  • #34,986
  • Jun 25, 2024 12:59pm Jun 25, 2024 12:59pm
Price is still stuck in a consolidation zone and is having a hard time making any moves.
  • #34,987
  • Jun 25, 2024 4:46pm Jun 25, 2024 4:46pm
Buy zone 2319.25, Sell zone 2,345.876…..Add your own analysis too
  • #34,988
  • Jun 25, 2024 4:55pm Jun 25, 2024 4:55pm
Quoting LitEU
Price is still stuck in a consolidation zone and is having a hard time making any moves.
A daily close below 2316.85 ish would have been a good sign, however its still bearish. Hesistancy due to
fed comments and middle east lebanon possible escalations. 2300 was ADR and didnt get close
We need a convincing H4 range break in the next day or so, obviously im biased short (from 2357).
2278 will do me, 2290 if it still looks wobbly.

Maybe the geriatric nonsensical ramblings of 2 of USA's finest privileged old white men on Thursday will
cause massive increased confidence in the USD and spike it down.
Not going to hold over the this weekend.
Its all just one persons opinion
  • #34,989
  • Jun 25, 2024 4:59pm Jun 25, 2024 4:59pm
Quoting axecap
{quote} A daily close below 2316.85 ish would have been a good sign, however its still bearish. Hesistancy due to fed comments and middle east lebanon possible escalations. 2300 was ADR and didnt get close We need a convincing H4 range break in the next day or so, obviously im biased short (from 2357). 2278 will do me, 2290 if it still looks wobbly. Maybe the geriatric nonsensical ramblings of 2 of USA's finest privileged old white men on Thursday will cause massive increased confidence in the USD and spike it down. Not going to hold over the this...
I am still long, curious to see if price action can find support in this area.
Fundamentally I still like the global trend towards rate cuts, uncertainty with upcoming elections, and geopolitics globally still under the surface.
  • #34,990
  • Jun 25, 2024 5:07pm Jun 25, 2024 5:07pm
Quoting LitEU
{quote} I am still long, curious to see if price action can find support in this area. Fundamentally I still like the global trend towards rate cuts, uncertainty with upcoming elections, and geopolitics globally still under the surface.
yep...who knows. I dont see any buying opportunities based on the charts before 2300. technically a very bearish pattern on H1
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Its all just one persons opinion
  • #34,991
  • Jun 25, 2024 5:09pm Jun 25, 2024 5:09pm
Quoting axecap
{quote} yep...who knows. I dont see any buying opportunities based on the charts before 2300. technically a very bearish pattern on H1 {image}
but it depends on your trading, bound to be buying within the ranges.....and either way it goes plenty of bounces
Its all just one persons opinion
  • #34,992
  • Jun 25, 2024 5:13pm Jun 25, 2024 5:13pm
Something like this
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  • #34,993
  • Jun 25, 2024 6:40pm Jun 25, 2024 6:40pm
Quoting LitEU
Something like this {image}
we have already had a 38.2 retracement to 2336.50, so that can be enough for another leg down and the price action
on H1 looks like another leg down without further retracement. If it had gone up further first like your chart, I would be more confident
of a greater fall to 2250 or even 2214.
As it stands its below the channel, below monthly open at 2327.36 which is now proven resistance, BUT also resting on support on the daily ema50.
Daily was also bearish engulfing.
I"m expecting (hoping?) short from here but not as far.
Time will tell and a risk off scenario will easily blow all that away in a nanosecond
Its all just one persons opinion
  • #34,994
  • Jun 25, 2024 6:48pm Jun 25, 2024 6:48pm
Not taking risk is the biggest risk
  • #34,995
  • Jun 25, 2024 6:53pm Jun 25, 2024 6:53pm
Quoting LitEU
Not taking risk is the biggest risk
not sure what that means...
Im refering to the markets changing sentiment to rsik off and the impact that has on Gold.

https://www.investopedia.com/terms/r...0bank%20policy.
Its all just one persons opinion
  • #34,996
  • Jun 25, 2024 6:59pm Jun 25, 2024 6:59pm
I bought XAUUSD @2320.017
  • #34,997
  • Jun 25, 2024 7:32pm Jun 25, 2024 7:32pm
Quoting axecap
{quote} we have already had a 38.2 retracement to 2336.50, so that can be enough for another leg down and the price action on H1 looks like another leg down without further retracement. If it had gone up further first like your chart, I would be more confident of a greater fall to 2250 or even 2214. As it stands its below the channel, below monthly open at 2327.36 which is now proven resistance, BUT also resting on support on the daily ema50. Daily was also bearish engulfing. I"m expecting (hoping?) short from here but not as far. Time will tell...
______________ ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #34,998
  • Jun 25, 2024 9:08pm Jun 25, 2024 9:08pm
H4 close at 2312.6 is positive for bears. 2316.35 should now resist
Its all just one persons opinion
  • #34,999
  • Jun 25, 2024 9:35pm Jun 25, 2024 9:35pm
Sell or Buy?
Stay low, Go fast - No luck, All skill
  • #35,000
  • Jun 25, 2024 9:37pm Jun 25, 2024 9:37pm
Aussi news pushed it all up again
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