Gold

what happened to gold in between ?

Expecting a trend reversal since W1 has formed a shooting star cs..?

good joke

Gold next target 3k, be careful.

I like it extremely much

Likewise, I found another one for you.

Assets 1 Month

US_Index, Crude Oil_WTI, EURUSD, GER40_cash, NASDAQ_cash, Governmental Bonds_Yields 10years, ...2years, BTCUSD

2980 soon

Ok but may not that soon , next weeks will watch for limit 2685 test and may breaks next for towards 2605 too! Let's see
In smaller tf , a bottoming effects likely happen under resistance 2758 and bottom 2708. Range down to correct final before retest bottom and breaks !

So, I've reviewed COT reports and the banks and funds are increasing shorts, but still very long, so no real change to think about. I spent some time thinking this morning about gold and what would I see confirming 3 major scenarios


1) The rally resumes
What this looks like: This is a bit wooly, but price could continue down to 2685-2700 and close below that would be invalidation for me, A close about 2760 would be a clear indication that price would like to move higher.

I'm probably looking for shorts until we get closer to 2700, I'd probably be looking for longs if we closed above 2760

2) The Rally ends
I think this would look more valid with a close below 2685 and I'd be looking to trade down to the 200D MA which would likely be around $2470 and then further down if we find acceptance into the April-July range. I'm quite doubtful we'd go lower than $2300 and if we do, I'd be looking for big swing buying opportunities.

3) Range Bound Market -
I mean this one is what I think will be most likely, 2704 -2790 would be the range as it is right now, but if that's the case, I'd expect it to widen and incoporate 2-3 previous ranges into the range. I'll be trading this one and my invalidation is breakout of the range to the upside...

Next week could be an absolute nightmare, not a ton of data, but BIG stuff...Elections and FOMC, I'll be downsizing any trading I do next week, to a quarter of what I was doing before.

Good luck and dont get rekt.

Gold - 04/nov/24

all level updated intraday / weekly / monthly

Very short term bias:
Who knows....?

Gold - 15min

jr , welp will just say it how it is , a picture is worth 1000 words , many things come to mind some of which has been stated by a few here , flew high for a while ayy , sure the spamming looked cool to ya ,it was just easy and oh all the "typical" things that get parroted , till it wasent , would seem the "history shown is "questionable " any thing far as "real" data would show back to oh bout 2001 ,on a "platform" more if a gold chart was up since the "join" date , just saying , not that it takes this to make a shekel or two , but it should answer the question
an if "a real platform , welp one would be in the same blanking place , didnt bother with the mids , but any can put em in , question still answered, few good folk here , and most like anywhere , well "looking at" many things that are really nothing but air and dosent have much to do with anything really , good collecting to all , carry on

Hey everyone,
Has anyone ever compared PAXGUSD and XAUUSD? Which one tends to move faster, and does one impact the other? Also, on average, which one is usually more expensive, and by what percentage?

ABOUT D1 !

From now on i also share my ideas here , i am new one here .

...
What was quoted with the customer review is fraud.
So involved are the buyer and and the seller and his accomplice.
Everyone involved knows what they are doing
and that if it becomes known, they will lose their investment and their business basis, not to mention future income.
The prop companies also have very practical options for initiating legal proceedings.

I know the terms and conditions of more than a handful of PropFirms.
They all contractually exclude the practices mentioned in the above-mentioned rewiev and declared themselves subject to sanctions.

Being smart makes success. And if you're not (yet) ... just learn something else.
And please don't come to this thread again to make acquisitions. The straw men are well known.

Don't let it spoil your weekend, it was such a beautiful autumn day here. Hopefully you were also able to recover well or will do so tomorrow.

https://www.forexfactory.com/thread/...5#post15047645
XAUUSD H4 Status from closing last Friday 01.11.24
on the road to <2400


active deals:
short: 8785,8785,8784,8783 (pending 2806,2792) edit 03.11.24 08:50MEZ 2785,2785,2784,2783
long: 2734,2737 (temporarily activated as a hedge/profit-taking opportunity against the trend)

Xau/usd will go up
target 1 - 2800
target 2 - 2900
target 3 - 3000

this will happen within 2 months

Gold - 4H Important Level