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  • #43,581
  • Sep 20, 2024 2:58am Sep 20, 2024 2:58am
Fed's Pedro what's the target now that the price is above 2600$? I remember you were mentioning 2800$ I think?
  • #43,582
  • Sep 20, 2024 2:59am Sep 20, 2024 2:59am
Quoting Techknow
{quote} As price draws closer to the TL it has changed, I am expecting around 2640-60 area now; anything above this should be an extension of price action. I would expect a fall and or a final extension and overthrow of this trendline. Obviously I will check for signs in that area. {image}
I have 2620$ in my mind. Hmm... perhaps they will break this trend line and it'll be used as a Support. We'll see...
  • #43,583
  • Sep 20, 2024 3:00am Sep 20, 2024 3:00am
Quoting Silver-King
Is everyone here scalpers or is there some swing traders here? Also, is anyone holding Longs from 2550$?
i'm still holding that Longs since fomc
  • #43,584
  • Sep 20, 2024 3:01am Sep 20, 2024 3:01am
Quoting Whale
{quote} north korean or it is kind of a joke? Do you guys have internet over there? Lol
just a joke.....flushes out a few racists occasionally...
Its all just one persons opinion
  • #43,585
  • Sep 20, 2024 3:01am Sep 20, 2024 3:01am
Quoting Silver-King
Is everyone here scalpers or is there some swing traders here? Also, is anyone holding Longs from 2550$?
I think that's the end of the 5th wave up, so we must wait to see signals of an a-b-c correction down to 2530. Of-course thats just a forecast!
Looking for profitable short term trades ...|
  • #43,586
  • Sep 20, 2024 3:01am Sep 20, 2024 3:01am
Quoting Silver-King
Fed's Pedro what's the target now that the price is above 2600$? I remember you were mentioning 2800$ I think?
Today you have: 2609, 2615
We are not going higher before pullback
We watch the charts from every angle so you don't have to!!
Harmonics Return Today: 2.2%
  • #43,587
  • Sep 20, 2024 3:02am Sep 20, 2024 3:02am
Resistance for the Silver is between 31.5$ - 32.5$. If the price can manage to go above this Resistance, then we're looking at around 34$ - 35$ for the price of the Silver next.
  • #43,588
  • Sep 20, 2024 3:03am Sep 20, 2024 3:03am
Quoting PushnPull
{quote} i'm still holding that Longs since fomc
Good job! Do you have any TP in mind or are you riding it towards 3000$?
  • #43,589
  • Sep 20, 2024 3:05am Sep 20, 2024 3:05am
Quoting Silver-King
{quote} I have 2620$ in my mind. Hmm... perhaps they will break this trend line and it'll be used as a Support. We'll see...
It is a 1/3 month TL, I highly doubt it does not have some type of reaction. Even a small reaction off a long TF Trend line like this is a huge move. Time will tell us soon
TechKnow
  • #43,590
  • Sep 20, 2024 3:05am Sep 20, 2024 3:05am
Quoting pedro319
{quote} Hôm nay bạn có: 2609, 2615 Chúng ta sẽ không tăng cao hơn trước khi thoái lui
Price is far from my cloud zone. I am waiting for Daily RSI Divergence if gold closes below 2590. Also Daily RSI Divergence if DXY above 100.8
waiting is happiness right
  • #43,591
  • Sep 20, 2024 3:05am Sep 20, 2024 3:05am
Quoting Js3mwtRc
{quote} I think that's the end of the 5th wave up, so we must wait to see signals of an a-b-c correction down to 2530. Of-course thats just a forecast!
Elliott Wave theory? So, this was the 5th ha? Wait... how many $ was the first and third wave? I heard that the 3rd wave cannot be the shortest.
  • #43,592
  • Sep 20, 2024 3:06am Sep 20, 2024 3:06am
Quoting pedro319
{quote} Today you have: 2609, 2615 We are not going higher before pullback
Okay, thanks! Towards 2530$ presumably (ex Resistance now Support)?
  • #43,593
  • Sep 20, 2024 3:07am Sep 20, 2024 3:07am
Quoting Techknow
{quote} It is a 1/3 month TL, I highly doubt it does not have some type of reaction. Even a small reaction off a long TF Trend line like this is a huge move. Time will tell us soon
So, somewhat higher than 2650$? Okay, thanks!
  • #43,594
  • Sep 20, 2024 3:08am Sep 20, 2024 3:08am
Quoting Silver-King
{quote} Elliott Wave theory? So, this was the 5th ha? Wait... how many $ was the first and third wave? I heard that the 3rd wave cannot be the shortest.
2530 and 2589 look at daily!
Looking for profitable short term trades ...|
  • #43,595
  • Sep 20, 2024 3:09am Sep 20, 2024 3:09am
Quoting HalikiqeoVN
{quote} Price is far from my cloud zone. I am waiting for Daily RSI Divergence if gold closes below 2590. Also Daily RSI Divergence if DXY above 100.8 waiting is happiness right
DXY still didn't reach the Support I mentioned at 98.7 or somewhere around that. Maybe slightly more up and then DXY will recover.
  • #43,596
  • Sep 20, 2024 3:10am Sep 20, 2024 3:10am
Quoting pedro319
{quote} Today you have: 2609, 2615 We are not going higher before pullback
Hey Pedro, a question here, so on smaller TF I see dxy with some very solid upwards momentum, however gold is barely responding to that, I understand the global tensions and everything but does that mean that golf is recoiling for a big push down or that it is not affected and as soon as dxy looses some steam, gold is gonna push back up. Please note this question is for smaller TF like around 15 min to 5 min
  • #43,597
  • Sep 20, 2024 3:10am Sep 20, 2024 3:10am
Quoting Silver-King
{quote} Good job! Do you have any TP in mind or are you riding it towards 3000$?
conservatively, 2602 should be my take profits. But since the sentiment is quite supportive, let's the price running for a while, it could be 2633. Anything big can happen when US open, maybe a drop like yesterday.
  • #43,598
  • Sep 20, 2024 3:10am Sep 20, 2024 3:10am
Quoting Js3mwtRc
{quote} 2530 and 2589 look at daily!
Yeah... especially 2530$ which will have to be retested. Price can only go so far and for so long until it has to return to retest the ex main Resistance.
  • #43,599
  • Sep 20, 2024 3:11am Sep 20, 2024 3:11am
Quoting PushnPull
{quote} conservatively, 2602 should be my take profits. But since the sentiment is quite supportive, let's the price running for a while, it could be 2633. Anything big can happen when US open, maybe a drop like yesterday.
Sure. You have plenty of time to take profit and that's great.
  • #43,600
  • Sep 20, 2024 3:13am Sep 20, 2024 3:13am
Quoting pedro319
{quote} Today you have: 2609, 2615 We are not going higher before pullback
Another noob question, Bloomberg predicts gold going to much much higher heights like around 2630-2640 later in the day. How reliable is that?
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