Gold

(sl hit )
I'm really in a bad mood from yesterday , i will stop trading untill us session

I had a plan to teach the important stuff about trading but politics are far more important on this forum than trading. I am reading and following since the last 300 pages and its ridiculous to see how many are going short while so many are going long at the same time. Of course this is pure logics because nobody seems to tell which frame they trade but hilarity of all of this that H4 is called a lot but when that frame is long then those people are still shorting which i can not understand and it makes those traders just more stupid then i already was thinking.

I could learn all of you a lot but like i said trading is the last importance in this gold thread and i will no longer involve. I showed a few pictures where i predicted price almost a week in front and i did because i can do that nonstop if you know how to read priceactions and delete your fucking stupid indicators that does not work at the time is there to make the action.

Further more i don't like the way how people speak to each other either. We are all humans and not aminals and i'm not filth like somebody mentioned and so on. Keep dreaming about getting riche is not going to happen for most of you but some do have real potential for sure.

Very maybe i wil start my own topic soon and the method i'll teach will work on every pair in every timeframe because the way how it moves is a nonstop recurring pattern!!! Have a nice day and maybe see you soon when i start my own thing here where i will not allow any politics or rude talking to others. Only adults are allowed and no trolls, rude people, war people or any other subjects about trading. I'm done with this thread its too hilarious to involve properly. At the same time i wish you all the best

wow first place sell when sl hit place buy isnt it revenged trading ?

'Anji' joined FF today. Goes straight to the Gold section. He sees a random name mentioned and boom, he immediately knows that's the one he needs.
Some guys have all the luck.

So for what it's worth, after seeing 4 consecutive bearish 4 hour candles, I was wondering what the probability was of the next 4 hour candle being bullish or bearish. Instead of just plucking a number out of the air like a lot of people seem to do, I did some Bayesian Statistical Analysis of the last 21 years of chart data. Was quite surprised by the result but here they are in case anyone finds it useful or insightful

As of today, October 2, 2024, the price of gold (XAU/USD) is undergoing a slight correction after reaching a recent high of $2,685. Currently, the price is testing resistance at $2,670. The market is closely watching today's U.S. labor market data from ADP, which could influence the next move. If job data comes in weaker than expected, it may weaken the U.S. dollar and push gold higher. Conversely, stronger-than-expected job growth could pressure gold prices downward, possibly leading to a further decline towards $2,600 [[❞]](https://roboforex.com/beginners/anal...st-2024-10-02/) [[❞]](https://www.tradingview.com/symbols/XAUUSD/).
Geopolitical tensions and expectations of U.S. Federal Reserve rate cuts have kept gold supported in the long term, with forecasts pointing to potential highs of around $2,700 if conditions persist [[❞]](https://www.myfxbook.com/analysis/go...upported/23083).

- ChatGPT

As long as the CB continue to invervene into the debt market and keep reducing the risk in the market, we will not see anything crazy happening.
Educated guess is that this will continue to be the case until US selection. After US selections, everything's possible.

They are doing this to reduce the risk in the markets, so the stocks don't go down, at least before the presidential circus in November. This is the same reason why attacks and news about *** are flushed out before they happen, so the markets can take it in slowly, because the market doesn't like surprises.

We could see a rally before the drop.
If price rallies on the news and doesn't break 2668$, then I'll give the Short a try.

XAUUSD is showing a potential bullish breakout! The recent trendline has been breached, indicating strong upward momentum. Keep an eye on the levels for potential confirmation and enter.

Some people are desperate to stay relevant

great catch.

these scammers are literally an organised crime gang lol

gold - 15min...

let c

normal
https://www.forexfactory.com/thread/...rmonic-trading

bro comeback to gbpusd need your opnions good morning btw

another UK acc lmao

ok one down 2 to go. unemployment claims if postive will hammer gold more. i hope there is no more circus over israel-iran today

UJ has broken a resistance in its first attempt. if there is a follow up move to 146 gold has to fall

Volatility is so low... maybe something happens, we'll see. I think that EU Claims and ISM Services PMI will come out worse then expected, but NFP will be a beat on Friday and on Friday we go down hard. We still have some time before the NFP though... let's see how things will play out until NFP. Perhaps we'll know more then.

I am leaning more towards the Sell actually, but will not open any positions with this kind of price action.

News about *** could come out over the weekend perhaps, as they usually do, so as not to disturb the markets.