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  • #51,741
  • Nov 14, 2024 7:25am Nov 14, 2024 7:25am
Quoting Tradersview-
2528-35 good area to bounce to 2650-2692. Below that first target of 2450 located
Buy dips after ppi
  • #51,742
  • Nov 14, 2024 7:25am Nov 14, 2024 7:25am
Quoting Quicksand
On the H1 graph I can see the pull back. I draw another Fib to help, right now 2560 is the new resistance. However, considering that PPI is coming soon, I would sugest to wait. If PPI comes positive it will be another drop. If PPI comes negative then probably the price will climb a bit more. {image}
If price comes back negative I'm seeing 2587 as well, if it comes back positive ... hehe. 2531 is a tough nut to crack.
  • #51,743
  • Nov 14, 2024 7:26am Nov 14, 2024 7:26am
Quoting Tradersview-
{quote} Buy dips after ppi
Yeah, buy the dip from 2530 going to 3300. /s

Where do y'all come from?
  • #51,744
  • Nov 14, 2024 7:27am Nov 14, 2024 7:27am
I believe PPI will come in line or even lower than forecasted.

Gold however will do what it wants to do lol
  • #51,745
  • Nov 14, 2024 7:32am Nov 14, 2024 7:32am
Well that was an underwhelming move
Learning from every trade
  • #51,746
  • Nov 14, 2024 7:32am Nov 14, 2024 7:32am
Quoting Nordling
PPI in 25 mins, let's go
Extra strong king size PPI
  • #51,747
  • Nov 14, 2024 7:32am Nov 14, 2024 7:32am
Quoting daemondeluxe
{quote}Where do y'all come from?
I'm from Belgium.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,748
  • Nov 14, 2024 7:33am Nov 14, 2024 7:33am
PPI came in line with forecast but the unemployment claims came very positive, even better than previous and forecast. I expect that after this pullback to go down even lower.
  • #51,749
  • Nov 14, 2024 7:34am Nov 14, 2024 7:34am
Quoting Lloyd628
{quote} I'm from Belgium.
My family friend Patrick Brigham is also from Belgium
  • #51,750
  • Nov 14, 2024 7:34am Nov 14, 2024 7:34am
Quoting daemondeluxe
{quote} Yeah, buy the dip from 2530 going to 3300. /s Where do y'all come from?
India
hbu
Learning from every trade
  • #51,751
  • Nov 14, 2024 7:37am Nov 14, 2024 7:37am
You can't even have sarcasm in this thread. Given the spot on PPI and the Unemployment coming better than expected I'm expecting it to down more, so trying the waters with a short at 2556.4, SL 30 pips, TP open.

Will look on the way down at 45 and 33 as potential targets, lets see if inertia picks up.

Edit 1 min after : if it goes up potentially looking at 65 as a buy start point. In between 60 and 65 I consider it limbo.
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  • #51,752
  • Nov 14, 2024 7:37am Nov 14, 2024 7:37am
Where to add these sells ??
  • #51,753
  • Nov 14, 2024 7:38am Nov 14, 2024 7:38am
Quoting daemondeluxe
{quote} If price comes back negative I'm seeing 2587 as well, if it comes back positive ... hehe. 2531 is a tough nut to crack.
2587 is quite far away right now especially after unemployment claims came back so positive. I expect this correction to be exhausted around 2560. After that I am looking to see if it breaks below 2542. If that happens, then next stop could be at 2519 (that's where I have the 50 Fib level and 100 SMA.
  • #51,754
  • Nov 14, 2024 7:38am Nov 14, 2024 7:38am
Gold's gonna drop like crazy, we might get to 2480 by Asia IMO
  • #51,755
  • Nov 14, 2024 7:39am Nov 14, 2024 7:39am
Quoting Haks
I believe PPI will come in line or even lower than forecasted. Gold however will do what it wants to do lol
yup, Gold is hard to predict, sometimes when there is good USD news, gold also goes up or vice versa, I personally just follow where it wants to go
  • #51,756
  • Nov 14, 2024 7:41am Nov 14, 2024 7:41am
Quoting daemondeluxe
You can't even have sarcasm in this thread. Given the spot on PPI and the Unemployment coming better than expected I'm expecting it to down more, so trying the waters with a short at 2556.4, SL 30 pips, TP open. Will look on the way down at 45 and 33 as potential targets, lets see if inertia picks up. Edit 1 min after : if it goes up potentially looking at 65 as a buy start point. In between 60 and 65 I consider it limbo. {image}
Didn't clip my SL by miracle, still in it somehow lol.

LE : got clipped, waiting for a better entry.
  • #51,757
  • Nov 14, 2024 7:42am Nov 14, 2024 7:42am
Quoting suluah
{quote} yup, Gold is hard to predict, sometimes when there is good USD news, gold also goes up or vice versa, I personally just follow where it wants to go
Markets always react accordingly
  • #51,758
  • Nov 14, 2024 7:43am Nov 14, 2024 7:43am
Quoting daemondeluxe
{quote} Didn't clip my SL by miracle, still in it somehow lol.
Are you still with us ??
  • #51,759
  • Nov 14, 2024 7:44am Nov 14, 2024 7:44am
Quoting suluah
{quote} yup, Gold is hard to predict, sometimes when there is good USD news, gold also goes up or vice versa, I personally just follow where it wants to go
Exactly. Hence why I’m just observing on the sidelines lol. Hope we get a rally today as it’s been long overdue
  • #51,760
  • Nov 14, 2024 7:44am Nov 14, 2024 7:44am
Quoting 69Doggy
{quote} Are you still with us ??
Already edited, clipped my SL by 4 pips and now going back to initial levels. Still finetuning my Sl's, although it's not a very tight one and works in my MM.

LE : Went in again at 2557.6, last one if it doesn't start trending below from these levels.
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