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  • #51,401
  • Nov 12, 2024 9:27pm Nov 12, 2024 9:27pm
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Daily chart managed to form a lower low
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H1 i will look for sell at 2617 or 2627, can also buy above 2627
  • #51,402
  • Nov 12, 2024 9:58pm Nov 12, 2024 9:58pm
long taken for 2620 target
  • #51,403
  • Nov 12, 2024 10:13pm Nov 12, 2024 10:13pm
Quoting PatienceFx
long taken for 2620 target
if price goes to 2640 on cpi news it will be good
  • #51,404
  • Nov 12, 2024 10:17pm Nov 12, 2024 10:17pm
Taking High risk short to 2593
  • #51,405
  • Nov 12, 2024 10:39pm Nov 12, 2024 10:39pm
Quoting PatienceFx
long taken for 2620 target
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Learn... Work Hard... Trade Alone
  • #51,406
  • Nov 12, 2024 11:03pm Nov 12, 2024 11:03pm
Probably pointing out obvious but Trump winning is a major fundamental change for gold cause he is anti-inflation, anti-war. Dems would have to be seen as pro both based on past 4 years. Recent rally was expectation they would win and these 2 fundamentals would escalate. Apparently physical has seen a big reduction in demand at current prices. Don't get this many opportunities with major fundamental re-price change. Similar to end of QE and rate rises in 2012 I think. Not sure what price it would drop to. Maybe one of previous resistance.
  • #51,407
  • Nov 12, 2024 11:27pm Nov 12, 2024 11:27pm
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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,408
  • Nov 12, 2024 11:46pm Nov 12, 2024 11:46pm
Quoting PatienceFx
{quote} if price goes to 2640 on cpi news it will be good

Please remember that for the moment the direction is DOWN not up.

We MIGHT see 2640/45 as the price is slowly creeping higher but my main problem is that it can suddenly fall at any point.
  • #51,409
  • Nov 12, 2024 11:48pm Nov 12, 2024 11:48pm
Quoting Azen
{quote} We are hitting a wall at 2610, adjusting positive stoploss {image}
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  • #51,410
  • Nov 13, 2024 12:04am Nov 13, 2024 12:04am
Quoting NrSLionHeart
{quote} Please remember that for the moment the direction is DOWN not up. We MIGHT see 2640/45 as the price is slowly creeping higher but my main problem is that it can suddenly fall at any point.
i heard that USDJPY is hell bent on going taller than everest
  • #51,411
  • Nov 13, 2024 1:02am Nov 13, 2024 1:02am
I've been following CPI for two years now. November 2022 CPI sent usd tumbling, Same with 2023 November. I will see if it does same today, I will try to catch lows and buy gold
  • #51,412
  • Nov 13, 2024 1:03am Nov 13, 2024 1:03am
For me, CPI looks like a clean sell, but with inflation going down we might see core at 0.2 and y/y below or at 2.4%. But that's just my speculation
  • #51,413
  • Nov 13, 2024 1:05am Nov 13, 2024 1:05am
Quoting michiyo
I've been following CPI for two years now. November 2022 CPI sent usd tumbling, Same with 2023 November. I will see if it does same today, I will try to catch lows and buy gold
They are not correlated in any way, this year we had rate cuts and an election, but I'll be selling then catching the knife with you
  • #51,414
  • Nov 13, 2024 1:21am Nov 13, 2024 1:21am
Quoting 69Doggy
For me, CPI looks like a clean sell, but with inflation going down we might see core at 0.2 and y/y below or at 2.4%. But that's just my speculation
Its setting up a very clean sell, but the market has a way of muddling it
  • #51,415
  • Nov 13, 2024 1:21am Nov 13, 2024 1:21am
Quoting 69Doggy
{quote} They are not correlated in any way, this year we had rate cuts and an election, but I'll be selling then catching the knife with you
I will risk buying sub 2600 with 200 pip stop. It maybe a gamble with the current trend but I will be damned if I dont. Cheers buddy
  • #51,416
  • Nov 13, 2024 1:43am Nov 13, 2024 1:43am
https://www.forexfactory.com/thread/...2#post15056802
XAUUSD H4
on the road to <2400
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short active 2785,2784,2783,2709 =same like link above
(they all have SL in win - there will not follow hedge against this positions from the upper side
= in this case project finishes with no losses)
long direction is only traded from the bottom
long and pending orders are no longer specified here.

assets, 1 day (12.11.24)
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  • #51,417
  • Nov 13, 2024 2:13am Nov 13, 2024 2:13am
Quoting michiyo
{quote} I will risk buying sub 2600 with 200 pip stop. It maybe a gamble with the current trend but I will be damned if I dont. Cheers buddy
200 is good enough
  • #51,418
  • Nov 13, 2024 2:16am Nov 13, 2024 2:16am
Adding sells TP 2591
  • #51,419
  • Nov 13, 2024 2:18am Nov 13, 2024 2:18am
Quoting Neowarcloud
{quote} Its setting up a very clean sell, but the market has a way of muddling it
With good Risk Management, there's no way this setup can go wrong
  • #51,420
  • Nov 13, 2024 2:20am Nov 13, 2024 2:20am
Added sell at 2605 TP 2591
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