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Gold

  • Post #43,761
  • Quote
  • Sep 20, 11:35am (1 hr 22 min ago) Sep 20, 11:35am (1 hr 22 min ago)
FED'S WALLER: WE ARE AT THE POINT THAT THE ECONOMY IS STRONG, WE WANT TO KEEP IT THAT WAY, 50 BPS RIGHT POLICY ACTION TO DO THAT.

Meaning: We are at the point at which the economy is contracting at the fastest pace in history and we had to cut by 50bps, because 75bps would create too much fear, but Powell did a good job of convincing people that the economy is still decent.

*WALLER: COULD CONSIDER 50BP CUT AGAIN IF JOB MARKET WORSENS

Meaning: we will definitely continue to cut by 50bps, however probably not right after the US selections, because it would look wrong and we don't really want that, do we?
  • Post #43,762
  • Quote
  • Sep 20, 11:40am (1 hr 17 min ago) Sep 20, 11:40am (1 hr 17 min ago)
Everyone was said after 17 September it will turn in sell. But fact is, it doesn't happen. Even still someone saying 2560, 2530 level. And by following this some new reader ( Like me) put sell order, and lost there everything...
  • Post #43,763
  • Quote
  • Sep 20, 11:41am (1 hr 16 min ago) Sep 20, 11:41am (1 hr 16 min ago)
@pedro, no sinking.. what is the next pattern?
2615 doesn't hold
The market has short memory
  • Post #43,764
  • Quote
  • Sep 20, 11:41am (1 hr 16 min ago) Sep 20, 11:41am (1 hr 16 min ago)
Gold is moving so weird today but always it’s has a weird movement and shows clearly manipulation going on , when dxy does up gold come down tiny bit , but when dxy goes even 4 pips down gold goes 20 to 30 pips up ,

Most of others pairs always goes up and down with DXY BUT GOLD never does it do what it want to do , always hard to predict , be safe Guys have a Gud day
  • Post #43,765
  • Quote
  • Sep 20, 11:43am (1 hr 14 min ago) Sep 20, 11:43am (1 hr 14 min ago)
I think geopolitical crisis is just too strong to rely on technical right now, it's full on war over there
  • Post #43,766
  • Quote
  • Sep 20, 11:44am (1 hr 13 min ago) Sep 20, 11:44am (1 hr 13 min ago)
[quote=BayzeedAlam;15004962]Everyone was said after 17 September it will turn in sell. But fact is, it doesn't happen. Even still someone saying 2560, 2530 level.
And by following this some new reader ( Like me) put sell order, and lost there everything...[/quote

______________ new Reader should NOT B tradin gold = start with EURUSD IMHO
Don’t focus on making $$$, focus on protecting what you have.
  • Post #43,767
  • Quote
  • Sep 20, 11:46am (1 hr 12 min ago) Sep 20, 11:46am (1 hr 12 min ago)
2621 sold
Sl 2629

tp 2586

good luck
The market has short memory
  • Post #43,768
  • Quote
  • Sep 20, 11:50am (1 hr 8 min ago) Sep 20, 11:50am (1 hr 8 min ago)
Quoting Dayi
{quote} 2620/30 range better entry zone for pullbacks
Bingo...for further bullish movement, Gold needs to take out 2630, that would open path towards 2670 and 2720...these are are the marks where I will place shorties
  • Post #43,769
  • Quote
  • Sep 20, 11:51am (1 hr 6 min ago) Sep 20, 11:51am (1 hr 6 min ago)
Quoting Karanjot
Gold is moving so weird today but always it’s has a weird movement and shows clearly manipulation going on , when dxy does up gold come down tiny bit , but when dxy goes even 4 pips down gold goes 20 to 30 pips up , Most of others pairs always goes up and down with DXY BUT GOLD never does it do what it want to do , always hard to predict , be safe Guys have a Gud day
definitely wants all the shorts no retail is buying at this level and now too scared to short, the drop no longer convinced it will happen already should have. Few rockets and bombs minor not new news.
  • Post #43,770
  • Quote
  • Sep 20, 11:51am (1 hr 6 min ago) Sep 20, 11:51am (1 hr 6 min ago)
Quoting profits7
{quote} ______________ I'll share it ALL , then ur tradin Chart will look like this = when you SHARE ,YOU will Rewarded 4sure {image} {image}

Thank you for sharing. It's a nice idea to ask for a charity donation as payment. One question, do you only trade 1hr tf with these indictors?
  • Post #43,771
  • Quote
  • Sep 20, 11:54am (1 hr 3 min ago) Sep 20, 11:54am (1 hr 3 min ago)
Quoting Dayi
{quote} Bingo...for further bullish movement, Gold needs to take out 2630, that would open path towards 2670 and 2720...these are are the marks where I will place shorties
2633 maybe, market is flirting with overbought H4 so let's see if we make it there.
Fibonacci will make you rich
Quoting Silver-King
{quote} Fed's Pedro has been summoned to the emergency Fed meeting, so he cannot reply now. Powell seeks further guidance and advice. He'll be back, don't worry... Even if he is wrong, he's been right so many times already that we can probably let this one slide through. Right folks?

I dont know him from adaam but he and his minions likes to attack anyone that disagrees with his analysis and takes the opposite side...bflyfx was so bad he got banned from the room

the difference between us grownups and his teenagers is we don't comment or attack someones analysis when it goes wrong...wish his guys were the same before more people get banned

anyone wants to fight go to the cable thread its a free for all over there LOL
ill meet up with pedro and his paying subscribers over there
Kamala/Walz pulling away for the win
Quoting pedro319
{quote} 2633 maybe, market is flirting with overbought H4 so let's see if we make it there.
According to my analysis 2630 is the max upward potential after breakout of 2528 level. Bit two extension levels are 2670 and 2720 as I mentioned. However, I will close all longs at 2630 and will start first time this year with small sell positions.
Quoting Whale
2621 sold Sl 2629 tp 2586 good luck
added 2622.5

same stop.
The market has short memory
Quoting pedro319
{quote} 2633 maybe, market is flirting with overbought H4 so let's see if we make it there.

you say to use stoplosses so whats yours?
Kamala/Walz pulling away for the win
Analysis wrong but still highly profitable and this move will go straight to my bank account too.

While poor Zebi has been losing for the last 2 weeks
Fibonacci will make you rich
Quoting pedro319
Analysis wrong but still highly profitable and this move will go straight to my bank account too.
What is your lowest sell?
The market has short memory
Quoting Silver-King
Someone asked about Bloomberg today... Buy Bonds and Gold as Bubble Risk Returns, BofA Strategist Hartnett Says This news were let out and hour and 15 minutes ago. Exactly the same time when Gold started dropping. I mean... main shit media is great if you're gonna use them as a contrarian indicator. Toiled paper record, new york slimes, CNBNACBEFG and other letter salad.
Yes, they're paid to speak and do not take responsibility when it's wrong. Their credibility like a sand in the desert
Disgusting accumulation right now on the lower TF be careful with your risk
Quoting Silver-King
{quote} TP-ed. Good luck everyone! That would be it for this week I guess.
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