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  • #35,821
  • Jul 16, 2024 9:29pm Jul 16, 2024 9:29pm
again dont short this top as shorting the top is for experts only and people with huge accounts who can take +-100 dollars swings. reduce your leverage on gold and wait for 2449 to short
  • #35,822
  • Jul 16, 2024 9:34pm Jul 16, 2024 9:34pm
Quoting Ravenfeeder
{quote} Lol please tell the big players out there, so we can start a proper bear run
they want to take out retailers so there is no point in asking them
  • #35,823
  • Edited 9:55pm Jul 16, 2024 9:39pm | Edited 9:55pm
______________ ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #35,824
  • Jul 16, 2024 9:43pm Jul 16, 2024 9:43pm
Quoting giveachance
{quote} yes most of them are out but gold has also rallied 80 dollars overnight and dollar is almost steady. so it looks like protection buying for trump to get relected. lets see if we get 2500 and then 2600. it wont be an easy ride from hereon. gold has been rallying since 1650 with no real profit taking except for the move from 2420 to 2343. apart from that nothing
would the $ be stronger if he got elected? Or they think it's going down?
  • #35,825
  • Jul 16, 2024 10:26pm Jul 16, 2024 10:26pm
Is this the last pullback before price hit 2500?
  • #35,826
  • Jul 16, 2024 10:47pm Jul 16, 2024 10:47pm
Quoting SmallGains
{quote} would the $ be stronger if he got elected? Or they think it's going down?
i dont think trump dictates what happens in gold. we have to wait for china month end data for june to see if there is any real demand from the chinese consumer. I have a feeling this is leverage based rally from 2380 to 2482 and will get unwind if we sell off in equities
  • #35,827
  • Jul 16, 2024 11:58pm Jul 16, 2024 11:58pm
Had the YOMO FEELING ON GOLD THIS WEEK
average dude treading water
  • #35,828
  • Jul 17, 2024 1:10am Jul 17, 2024 1:10am
Quoting giveachance
{quote} i dont think trump dictates what happens in gold. we have to wait for china month end data for june to see if there is any real demand from the chinese consumer. I have a feeling this is leverage based rally from 2380 to 2482 and will get unwind if we sell off in equities
Truly leverage based rally cause it lacks fundamental, technical and even sentimental backup, most retailers have positioned for a massive drop adding more liquidity to the market which might reignite the pump later.
we live, learn and earn for tomorrow
  • #35,829
  • Jul 17, 2024 1:16am Jul 17, 2024 1:16am
Get ready possible bear market in gold in the next day
  • #35,830
  • Jul 17, 2024 1:29am Jul 17, 2024 1:29am
...... 2500 loading
  • #35,831
  • Jul 17, 2024 1:37am Jul 17, 2024 1:37am
Hold up, the algo is fight me hard to reverse it. Longs put a stop just under the low made in the 15mn chart. Could be good for at least 50-100 points.

Get in quick before it gets away
  • #35,832
  • Jul 17, 2024 1:50am Jul 17, 2024 1:50am
Closed all longs and now have shorts in red.
Plan for today, short every spike.
already added 2475, will wait for 2484 if I get it.
Target 2260
I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #35,833
  • Jul 17, 2024 1:51am Jul 17, 2024 1:51am
Quoting Bflyfx
Closed all longs and now have shorts in red. Plan for today, short every spike. already added 2475, will wait for 2484 if I get it. Target 2260
Not a good move...that's me it's trapped. Fucking algo is driving the price up immediately after I got in. Don't short this just yet till it breaks the low I just said
  • #35,834
  • Jul 17, 2024 1:54am Jul 17, 2024 1:54am
Quoting Southeast
{quote} Not a good move...that's me it's trapped. Fucking algo is driving the price up immediately after I got in. Don't short this just yet till it breaks the low I just said
Target 2260.
I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #35,835
  • Jul 17, 2024 1:56am Jul 17, 2024 1:56am
Quoting Bflyfx
{quote} Target 2260.
That's stupid. Can't you read what I'm telling you.
  • #35,836
  • Jul 17, 2024 1:58am Jul 17, 2024 1:58am
Quoting Southeast
{quote} That's stupid. Can't you read what I'm telling you.
I don't change my mind.
Sell and target 2260
I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #35,837
  • Jul 17, 2024 2:01am Jul 17, 2024 2:01am
Quoting Bflyfx
{quote} I don't change my mind. Sell and target 2260
This fucking algo is propping up the entire gold market for only three futures contracts. You don't want to fuck with these gold algos and the lack of liquidity.

All the sane people...don't pull the trigger on any shorts till it breaks that low I said.
  • #35,838
  • Jul 17, 2024 2:18am Jul 17, 2024 2:18am
Every Tom. D, Harry Selling
average dude treading water
  • #35,839
  • Jul 17, 2024 3:20am Jul 17, 2024 3:20am
Quoting MIKKI
Every Tom. D, Harry Selling
No, not me, not yet...

From Trade Explorer, similar (smaller) on live account but no need to post both

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It takes a lot for me to IGNORE you, but you can try.
  • #35,840
  • Jul 17, 2024 3:45am Jul 17, 2024 3:45am
Possible reversal here, after grabbing liquidity from the top once again.
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