Gold

Quoting Techknow

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For bears this 4 hour is bullish if it closes like this. Also still resting on support. Watch carefully for bulls to take control back on a move above 2500 {image}

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Quoting profits7

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______________ @ steffile = back on Track m8 {image} {image}

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Quoting Silver-King

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~2510$ is the test for the Gold. If Gold fails yet again at this price... forget 2550$. First 2480$ - 2470$ Support will be tested and if that fails... M15 down, M30 down, H1 down, H4... now, H4 is very interesting, because it just warned today of a deeper drop that's possible. As said, if that Support I mentioned fails, then we're probably going to see the price plummet. *Critical Price!

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Quoting Fxgfitking

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{quote} I agree 100% I have Gold Bearish Starting October. I would think they want a new high before the month ends, but I could be wrong. I am watching 2510 & 2517 for heavy rejections.

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Quoting Silver-King

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{quote} Yep... by the miracle of God I got some kind of retracement now on the Silver while the Gold was pushing for 2510$ and have closed all Longs in a loss except the ones I added today at 29.2$ which I'm also probably going to close relatively soon I believe, because the next destination for the Gold is much lower which means 29.2$ is sayonara. 28.7$ is the next Support it seems, but how strong it'll be we'll see... I'd say extreme caution with Longs at the moment. If one doesn't see 2510$ being broken, I wouldn't risk it. Outlook: Extremely...

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Quoting Silver-King

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{quote} Yep... by the miracle of God I got some kind of retracement now on the Silver while the Gold was pushing for 2510$ and have closed all Longs in a loss except the ones I added today at 29.2$ which I'm also probably going to close relatively soon I believe, because the next destination for the Gold is much lower which means 29.2$ is sayonara. 28.7$ is the next Support it seems, but how strong it'll be we'll see... I'd say extreme caution with Longs at the moment. If one doesn't see 2510$ being broken, I wouldn't risk it. Outlook: Extremely...

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Quoting Xauusdscalpr

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{quote} Forgive me if I'm misunderstood, but you're long on Silver but saying you're extremely bearish on Gold? For the most part, whilst Silver tends to lag incredibly hard in comparison to gold, the direction is typically the same which means if you're extremely bearish on Gold you are extremely bearish on Silver. With regards to your destination on Gold, I'd be interested to know what you're targeting. I'm on the sidelines at the moment mainly because Gold has shown very good support at 2500 today, failing to break below 2490 and rejecting strongly...

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Quoting Techknow

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{quote} I think you need some more buys, you missed a couple

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Quoting Silver-King

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{quote} Hahahaha This is how I roll... and wanted to post the chart before closing positions, so people can see I actually do add Longs when I say I do. To my amazement, the loss wasn't as severe as I thought it would be with this many Longs. Yes, it wasn't little, but that Longs from 26.5$ from some weeks ago have made me more than enough to allow myself to suffer losses like this.

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Quoting Fxgfitking

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Gold is due for a decent drop, however I think 2600 is on their radar. Regardless Trade what you can risk. Currently I am Long unless 2510 or 2517 push it down hard. I have 2558 on sight. Then I will stay out until more clarification. However we may have hit the top already who knows. I still have a few other pairs that allign with god going up, so I have to think Gold will have one more push. Regardless we are in a decent area for Swing up or down. From my chart 2515-2517 can be challenged. If they break those we can remain bullish. Nice little...

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Quoting Silver-King

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{quote} Totally agree... whether we had topped or not, or we will very soon, the price will tank. I'm talking about below 2400$ towards 2350$. That would be a 200$ "retracement" (usually retracements are survivable hahahah) from the potential top at 2550$, at least.

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Quoting procrude

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{quote} In profit now, tp 2550 lets ee

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Quoting Techknow

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{quote} You seem to be doing just fine. Couldnt pass up the joke though

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Quoting Fxgfitking

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{quote} I heard from a VERY good knowledgable GOLD guy it would be 1850 ( this was about 1-2 months ago) IDK how true that is today, but I do expect once it starts to drop heavy it will DROP. The smart ones will know when to buy even if it looks like a "Loss" in the immediate future lol

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Quoting Silver-King

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{quote} Not too long ago people were saying, when you would mention that Gold is going to 2500$ eventually, that you're a fucking idiot and that Gold is going to 1200$. So yeah...

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