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  • #37,141
  • Aug 5, 2024 5:50am Aug 5, 2024 5:50am
Quoting hanzohas
So jpy and chf kick started. Do you think this is a special case because differences in swaps, or do you think other currencies will follow? {image}
Let me give you a hint so you stop wasting time on geopolitical stuff and useless USD news

USD / JPY ~~> (XAU/USD) / GOLD

could be wrong indeed
ma ma make me happy
  • #37,142
  • Aug 5, 2024 5:52am Aug 5, 2024 5:52am
Quoting eyefeelsix
{quote} the market behavior telling me added short to get jackpot under-ground in the future {image}
Hey buddy! Still holding Shorts for 2315$?
  • #37,143
  • Aug 5, 2024 6:00am Aug 5, 2024 6:00am
Come on Silver... 26.7$ getting extremely close. Gold is surprising me a little bit... it has to drop 100$ more, but is stalling at the moment.
  • #37,144
  • Aug 5, 2024 6:00am Aug 5, 2024 6:00am
Quoting eyefeelsix
{quote} Advanced View {image} Simple View {image} Disclaimer: This scenarios for medium to long-term trading and just to share insights only Please don't copy my trade, there will be a delay in entry/exit point even if it's only a few seconds, minutes or hours Trade Well! and Have a Nice Weekend
ideally played
People don't plan to lose. They lose because they don't plan.
  • #37,145
  • Aug 5, 2024 6:24am Aug 5, 2024 6:24am
Quoting vankiepsauff
Monthly {image}
reverse
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vankiepsauff@gmail
  • #37,146
  • Aug 5, 2024 6:24am Aug 5, 2024 6:24am
GOLD
probably leaves 2400 slowly

where are the sellers here now, the best possibility.
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  • #37,147
  • Aug 5, 2024 6:28am Aug 5, 2024 6:28am
Quoting kette
GOLD probably leaves 2400 slowly where are the sellers here now, the best possibility. {image}
Gold should be waited for at least around 2320$ for the potential bottom and not a $ earlier in my opinion. Silver seems to be going to 24.5$. Almost 200$ on Gold and 8$ drop on Silver will eliminate any PM enthusiast.
  • #37,148
  • Aug 5, 2024 6:30am Aug 5, 2024 6:30am
Quoting Elliottway
{quote} Setup worked well. {image}
my target reached 2400. thats it. i will wait for next setup, retracement profit or again sell off will come to know depends on PA.
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SURFER
  • #37,149
  • Aug 5, 2024 6:30am Aug 5, 2024 6:30am
Quoting W0lfram
Some stats. What if bearish candle closed below prev. bearish candle low: 4163 matches in dataset (29 710 candles, H1) von 2019-01-31 bis 2024-03-08 Occasionally, this process is time-consuming, with 2.35% of cases requiring more than 200 candles to fill the low. Sometimes it takes tooo long {image} 28 missing values = 0.67%. Few missing data points are from the 2019, when gold prices were at their lows {image} So... since we are at the highs, high probability to get these levels. In a week or two? {image}
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Air force
  • #37,150
  • Aug 5, 2024 6:34am Aug 5, 2024 6:34am
Trend is clear. Will the data be too?
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  • #37,151
  • Aug 5, 2024 6:37am Aug 5, 2024 6:37am
Quoting Silver-King
{quote} Gold should be waited for at least around 2320$ for the potential bottom and not a $ earlier in my opinion. Silver seems to be going to 24.5$. Almost 200$ on Gold and 8$ drop on Silver will eliminate any PM enthusiast.

Hello
GOLD D1
I haven't thought that far yet.
Good thought from you.

I have no idea about silver, that's what you're here for
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  • #37,152
  • Aug 5, 2024 6:40am Aug 5, 2024 6:40am
Quoting kette
{quote} Hello GOLD D1 I haven't thought that far yet. Good thought from you. I have no idea about silver, that's what you're here for {image}
Targets look good. M Pattern seems like where the middle is probably going to be taken out (2350$) in my opinion, could be wrong though. Go check my post about USD/JPY to see how wrong I was hahaha.

Good luck to us all!
  • #37,153
  • Aug 5, 2024 6:45am Aug 5, 2024 6:45am
26.65$ is old target I mentioned in my first post, so perhaps the price is reacting to it at the moment, but it shouldn't hold.
  • #37,154
  • Aug 5, 2024 6:52am Aug 5, 2024 6:52am
Any Idea were water fall is heading too managed to get in 2 Quick scalping Dangerous levels I don't want to pick bottoms
average dude treading water
  • #37,155
  • Aug 5, 2024 6:56am Aug 5, 2024 6:56am
Quoting MIKKI
Any Idea were water fall is heading too managed to get in 2 Quick scalping Dangerous levels I don't want to pick bottoms
It seems that the critical price for Gold should be around 2330$ at the moment.
  • #37,156
  • Aug 5, 2024 7:01am Aug 5, 2024 7:01am
And yes, stopped out of all my longs scalps and swing with good profits locked in on partial on the way up.
So gold join global sell-off, and the start of new trend due to liquidity leaving the global market.
From what i understand the cuurent market condition, is the Japs screwing everyone; particularly the carry trade.
Large amount of liquidity came from jap financial market where traders borrow at low interest and invest in world stock.
The problem now is majority of deez cunts are facing huge forex losses and is expected to pay high interest since BOJ start hiking. So their 'borrowed investment' now margin call. Guess what sh*t aint no longer good.
Trend may be reversing.
More time in the market, does not mean you trade better!
  • #37,157
  • Aug 5, 2024 7:03am Aug 5, 2024 7:03am
Quoting Silver-King
{quote} It seems that the critical price for Gold should be around 2330$ at the moment.
LOL it seems so faaar away
average dude treading water
  • #37,158
  • Aug 5, 2024 7:11am Aug 5, 2024 7:11am
Quoting MIKKI
{quote} LOL it seems so faaar away
How about 2220$? 2330$ shouldn't be a problem I believe. WS just opened, so we'll see... this retracement now is expected, but we'll see soon what their game plan really is.
  • #37,159
  • Aug 5, 2024 7:22am Aug 5, 2024 7:22am
Quoting Silver-King
{quote} Hey buddy! Still holding Shorts for 2315$?
Hi bud!

my trade is always accompanied by risk parameters, if it goes against the direction even just a little bit I try to get out on time ( in-out adjust Price Action )

atm I'm still in a short position according to the plan I have built afterwards ( myChart will follow later )

Cherrs!
https://breakpullback.com
  • #37,160
  • Aug 5, 2024 7:22am Aug 5, 2024 7:22am
Quoting eyefeelsix
{quote} Hi bud! my trade is always accompanied by risk parameters, if it goes against the direction even just a little bit I try to get out on time ( in-out adjust price action ) atm I'm still in a short position according to the plan I have built afterwards ( myChart will follow later ) Cherrs!
Great!
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ondiss