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  • #51,001
  • Nov 7, 2024 11:21am Nov 7, 2024 11:21am
Quoting Ravenfeeder
{quote} Dude, it wants to break 2700, and should after the Rate Cut tonight. Where shall it end tonight... 2730?

2600???
  • #51,002
  • Nov 7, 2024 11:28am Nov 7, 2024 11:28am
Quoting 19monza64
{quote} My D1 is different of your due to different local time but more or less yes
my broker is like yours, GMT server.
im using Trading view for GMT -4 server.

You may be right brother, as you know from days before, i am a scalper that trade the best next move
And follow trend momentum.

i will be happy to get 2763, let's see after FOMC what price wish.
atm no short for me.
1h want lil more up. But 4h far away from turn bullish again.
i will keep my eyes on 1h now and how it unfold.
  • #51,003
  • Nov 7, 2024 11:35am Nov 7, 2024 11:35am
2763 missed d pivot..
Crucial week of the month
  • #51,004
  • Nov 7, 2024 11:39am Nov 7, 2024 11:39am
If the market consensus is 25bps cut, so i guess that is priced in the golds price. It would move higher only if there is higher bps cut or Jpow gives a clear indication of higher cut for december. Still keeping my limit orders but will be managing closely
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  • #51,005
  • Nov 7, 2024 11:50am Nov 7, 2024 11:50am
fomc prediction anyone ?

what will the price of gold be 30 mins after fomc ? I say 2670

Let's play ! winner gets a thumbs up
  • #51,006
  • Nov 7, 2024 11:53am Nov 7, 2024 11:53am
Gold will have some resistance between at
2706.700 and 2709.700.
Bet that reach the second today whatever the market do after the announcement of interest rates. Just because is a sensitive price in a dealing range not closed...
  • #51,007
  • Nov 7, 2024 11:57am Nov 7, 2024 11:57am
Quoting shay14
fomc prediction anyone ? what will the price of gold be 30 mins after fomc ? I say 2670 Let's play ! winner gets a thumbs up
2729
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,008
  • Nov 7, 2024 11:59am Nov 7, 2024 11:59am
Quoting shay14
fomc prediction anyone ? what will the price of gold be 30 mins after fomc ? I say 2670 Let's play ! winner gets a thumbs up
<2670 it is.
  • #51,009
  • Nov 7, 2024 12:04pm Nov 7, 2024 12:04pm
Quoting ScalaFX
{quote} agora você pode reservar alguns
i've been following you since your first post today. I'm impressed with your assertive analysis, keep helping us please, could you tell me how you came to this conclusion, any indicators or strategies..... tanks
  • #51,010
  • Nov 7, 2024 12:11pm Nov 7, 2024 12:11pm
Quoting Lloyd628
{quote} 2729
Explain?
  • #51,011
  • Nov 7, 2024 12:12pm Nov 7, 2024 12:12pm
Quoting PopeyeEA
I will bought GOLD again TP 2730 based on my FIBO RETRACEMENT.. SL 2650 {image}
we almost being there guys..
  • #51,012
  • Nov 7, 2024 12:20pm Nov 7, 2024 12:20pm
Quoting Whale
{quote} Explain?
All pur predictions about Trump wining came to pass. Predictions about the $100 dump upon his win also happened. As traders it's good to see our predictions happen. Good luck to you. The sane world is happy with Trump's win. Hopefully the wars stop and everyone is at peace again.
  • #51,013
  • Nov 7, 2024 12:24pm Nov 7, 2024 12:24pm
As a general rule, the price reverses once the news is in. Meaning that if the previous few hours the price goes up, after the news it goes down (and the opposite).

I am NOT sure that the price will go down, but this is my bet.

I FEEL that a big factor of the past 3 months and the 20% increase in gold price was the fear that Kamala will win and USA will go down the drain. With Trump winning gold has to fall and the fall should be at least 15% because now the outlook is way brighter for USA.

Me personally, I am a seller because I believe that price should hit and will hit 2450 or so.
  • #51,014
  • Nov 7, 2024 12:25pm Nov 7, 2024 12:25pm
Quoting Whale
{quote} Explain?
parabolic sar h4 maybe?
  • #51,015
  • Nov 7, 2024 12:25pm Nov 7, 2024 12:25pm
Imo the yield curve are normal and sloping upward so there may be the higher FFD then forecast and gold may fall to 2680 and if it break 2680 then maybe fall back to 2630...
  • #51,016
  • Nov 7, 2024 12:27pm Nov 7, 2024 12:27pm
Last rate cut (18 sept.)
Attached Image (click to enlarge)
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  • #51,017
  • Nov 7, 2024 12:27pm Nov 7, 2024 12:27pm
If you want some drawings I will post a screenshot with the Fibo retracement at 50% ...

For the new traders it means that the price went to a decision point and basically now no one knows if it will go up or down!
  • #51,018
  • Nov 7, 2024 12:29pm Nov 7, 2024 12:29pm
Imo price will hit 2300 before February
but better not trust me
  • #51,019
  • Nov 7, 2024 12:34pm Nov 7, 2024 12:34pm
Quoting Whale
{quote} Explain?
A disappointedly guess (insert: droopy smiley).
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,020
  • Nov 7, 2024 12:34pm Nov 7, 2024 12:34pm
Quoting Whale
Imo price will hit 2300 before February but better not trust me

I am with you on that one...
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