{quote} The news gave sellers 200+ pips. How decent can it get?
Ignored
It's a $20 move, which is only about 65% of ADR(200) standing at ~$32. That's literally nothing. Also 200EMA (1H) holds like crazy and I wouldn't recommend ANY shorts until you get at least close below that level.
{quote} It's a $20 move, which is only about 65% of ADR(200) standing at ~$32. That's literally nothing. Also 200EMA (1H) holds like crazy and I wouldn't recommend ANY shorts until you get at least close below that level. {image}
Ignored
They are quite stubborn with this Buy... however, I still do not think this H4 will close like this. We should be getting that Sell today.
Everything's possible, but again... if Gold cannot drop more than few $ on NFP like this... then I don't think I'm crazy when I say Gold should be 3000$ until 2025.
{quote} They are quite stubborn with this Buy... however, I still do not think this H4 will close like this. We should be getting that Sell today.
Ignored
There is a confluence of daily and weekly pivot at 2652-2652.50, a strong resistance/support level as you can observe. That is another tool I highly recommend people start using, daily/weekly/monthly pivots. Easy to calculate and unexpectedly powerful. A decisive break either way will decide the remainder of the day.
{quote} Everything's possible, but again... if Gold cannot drop more than few $ on NFP like this... then I don't think I'm crazy when I say Gold should be 3000$ until 2025.
{quote} Everything's possible, but again... if Gold cannot drop more than few $ on NFP like this... then I don't think I'm crazy when I say Gold should be 3000$ until 2025.
