Gold

everything is bloody H1

Bounce probable before market close

Disagree.

We've traded below the previous swing high at 2758, if you look at the behaviour of gold's behaviour on this rally the only time we've retested a previous swing high and gotten back in the range was in the April - Jul period where prices were ranged bound...The rest of the rally prices have either found buyers on a retest of a previous swing high or just kept climbing...The one argument that could invalidate what I said, was that we never retested 2685, but I'm dubious because price hasn't found acceptance below a swing high after trading a range above which says to me that the rally is probably on pause.

I'm not going to argue that next stop is $2200, a nearly 30% price crash in gold has happened once before when the fed ended QE2 and yields put pressure on gold once again.

I don't think you understand the US election pricing risk because it comes in multiple parts manily policy and person. Personally they're probably both relatively bullish for gold, but from a policy standpoint, Trump's favoured position puts gold in a weird spot.

Policy
Harris - Inflationary, but within normal bounds, likely to see a ful round of rate cuts incoming.
Trump - Heavily inflationary to the point where it would likely put treasury yields up and less rate cutting would occur. Yields rising is bad for gold because gold has is a non-yielding asset.

@isabella.. Head n shoulder pattern

Out of my short +80

price will correct some.. probably 2742/4 again.. and again and again.

yes, especially the other assets: strong $ ---> yields. I didn't even send the picture of the yields.
Never ending shock. Yen can not recover.
At the moment indices come a little bit up.

Nice weekend

My mother in law trade prediction next week!!! GOODLUCK!!

Mother in law is never a fan of going short is she

pleaaaase

short mr. Goldy!! Looking for at least 2600. Potential reverse triangle.

as expected, managed money reduced longs and added to shorts. but overall still long

ITs not funded, it is one of my major account.
I trade just Nasdaq or 1 currency pair on it, not trading gold on major account.

Actually i edit the post coz i was typing misspelling.
I didnt cut i just edit.

Thanks @Haks,
This is my major account, I m just trading NASDAQ or 1 currency pair on it.
On other small accounts i m playing with gold.

I think she’s doing great prediction so far !

Buy limit triggered at 2735. SL 2715. TP 2760

If there was ever a weekend to hold gold long from a decent level this is it at 2734

Why don’t you trade gold on the major account instead of the smaller account?

Gold looks like it is about to fall off a cliff...looking for 2600

Just imagine if gold starts correction then what will happen to longs....