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  • #44,781
  • Sep 26, 2024 10:56am Sep 26, 2024 10:56am
DXY on it's way below 100 and I believe it should drop substantially below 100 now. Obviously, 100 is some kind of the wall... whenever DXY drops below 100 it recovers quickly, but how many times can it recover before they give up?

2 more days and MN candle will close. So far, it looks amazingly bullish. It's far from looking like a candle that would suggest any great pullback is coming.
  • #44,782
  • Sep 26, 2024 11:17am Sep 26, 2024 11:17am
Quoting Orand
{quote} look at weekly/monthly chart , it is practically Stairway To Heaven



not going to trade gold will wait for clear signal , to much manipulation is going on right now , it’s really hard to predict which way it’s gonna move , at this point charts , study , nothing is working right now it’s all gamble now
  • #44,783
  • Sep 26, 2024 11:19am Sep 26, 2024 11:19am
Closed Shorts at BE after all of this up and down nothingness... if it goes down, whatever!
  • #44,784
  • Sep 26, 2024 11:28am Sep 26, 2024 11:28am
Price prepare to impulse.
Watchout
  • #44,785
  • Sep 26, 2024 11:29am Sep 26, 2024 11:29am
Quoting Silver-King
Closed Shorts at BE after all of this up and down nothingness... if it goes down, whatever!

We are at the 50% retracement part where the price can hover quite a while.

I *think* that the more it hovers in that area the higher the chances are to take the top.

Currently out of market, made my money for today so no point to risk anything.
  • #44,786
  • Sep 26, 2024 11:30am Sep 26, 2024 11:30am
Quoting Whale
Price prepare to impulse. Watchout

Up or down? This is the question...

I tend to think that up, but I am not sure!
  • #44,787
  • Sep 26, 2024 11:36am Sep 26, 2024 11:36am
Quoting NrSLionHeart
{quote} Up or down? This is the question... I tend to think that up, but I am not sure!
up up.. not down today
  • #44,789
  • Sep 26, 2024 11:51am Sep 26, 2024 11:51am
Quoting NrSLionHeart
{quote} We are at the 50% retracement part where the price can hover quite a while. I *think* that the more it hovers in that area the higher the chances are to take the top. Currently out of market, made my money for today so no point to risk anything.
Yeah... we'll see. This sell could extend to 2630$ or it may not in which case we're going for a new ATH yet again. We should be getting a new ATH in October in my opinion if that happens I'll start take profit on Longs.

Let's see first what will happen tomorrow and we'll get the forecast for NFP next week and other data.
  • #44,790
  • Sep 26, 2024 11:51am Sep 26, 2024 11:51am
long is really tempting
  • #44,791
  • Sep 26, 2024 11:53am Sep 26, 2024 11:53am
Quoting Orand
long is really tempting
I think you got too caught up in this thread and kept looking for shorts.

Dont worry you can go again tomorrow
  • #44,792
  • Sep 26, 2024 11:55am Sep 26, 2024 11:55am
Quoting Whale
{quote} up up.. not down today
i have changed my mind.

2680 again and look for short.
  • #44,793
  • Sep 26, 2024 12:18pm Sep 26, 2024 12:18pm
Quoting Mrbright
Hidden
wtf?? speak like this with your mother...
...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,794
  • Sep 26, 2024 12:21pm Sep 26, 2024 12:21pm
Quoting Mrbright
Hidden
love kiss hugs.. are you still losing money?
Attached Image (click to enlarge)
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,795
  • Sep 26, 2024 12:30pm Sep 26, 2024 12:30pm
Quoting dilidanjaro
{quote} love kiss hugs.. are you still losing money? {image}

He probably is and thats why he can't talk like an adult. I was called filth a while ago its just laughing when finding out they talk like childs. Just don't pay attention to them. Losers stay losers.
  • #44,796
  • Sep 26, 2024 12:50pm Sep 26, 2024 12:50pm
Quoting DubaiFX
Hello Guys Middle east troubles have caused a very good high, but for me 2670 was good enough, even fi it goes to 2700 that will not be bad to add another Position, will be looking for 2600 so if it goes high i will be Selling with Leverage, i dont use it actually 1:1 is my usual but this time i will use 5:1 hopefully that will not cost me whole month Profit in 2 trades, but i am willing to take the risk, lets see if USD index holds its Ground. if it does then Gold will retrace much fast, and there is Over bought also, then we have GDP and PCE on...
USD is still holding above 100 Ground,
and the Wild Move was the Fear of Powell speech which actually did nothin 30M up and 30M down
was not bad i actually missed that trade,
but 2370 is still running and it doesnt look bad for 2340
specially tomorrow PCE may help USD to get to 101
if it did then Gold will go back to 2640
but again the Middle east is making it hard to Drop,
Good luck.
Don't compare your Trades with Others
  • #44,797
  • Sep 26, 2024 12:56pm Sep 26, 2024 12:56pm
The impact of Powell’s speech on 26th September 2024 sent ripples through the gold market, but it's important to note that XAUUSD has been trading at significantly higher levels, well above $2,600. Powell’s commentary on inflation and interest rates hinted at a more cautious stance regarding future rate hikes, which initially supported bullish momentum for gold. However, the market remains highly sensitive to any signals about policy shifts.

Given the current geopolitical environment and ongoing uncertainty, gold remains a safe-haven asset, with prices hovering around $2,645 to $2,670


This speech reaffirmed the delicate balance between inflation control and maintaining economic stability, keeping the gold market at the forefront of investor attention.
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  • #44,798
  • Sep 26, 2024 12:57pm Sep 26, 2024 12:57pm
Quoting dragon33
{quote} He probably is and thats why he can't talk like an adult. I was called filth a while ago its just laughing when finding out they talk like childs. Just don't pay attention to them. Losers stay losers.
right! but to be honest.. i didn't offended anyone.. i really don't know why he's so rude.. and i'm a kid too, i'm under 30.. but i still respect the people so that's not an excuse.. we're here to make money not to cry like a baby
...I Bet You Ain't Never Seen A Donkey Fly!
  • #44,799
  • Sep 26, 2024 12:57pm Sep 26, 2024 12:57pm
Quoting Vuki
The impact of Powell’s speech on 26th September 2024 sent ripples through the gold market, but it's important to note that XAUUSD has been trading at significantly higher levels, well above $2,600. Powell’s commentary on inflation and interest rates hinted at a more cautious stance regarding future rate hikes, which initially supported bullish momentum for gold. However, the market remains highly sensitive to any signals about policy shifts. Given the current geopolitical environment and ongoing uncertainty, gold remains a safe-haven asset, with...
I had a Gold setup for today but was to "scared" to trade it since powel spoke. Still great to see them working out...
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  • #44,800
  • Sep 26, 2024 1:04pm Sep 26, 2024 1:04pm
Quoting Evrix
{quote}three buy stop hit, avg price buying at 2558 sl updated to day low, tp updated to 2880
price not moving as expected so exiting and taking home 130pips
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