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  • #62,181
  • Jan 29, 2025 11:21am Jan 29, 2025 11:21am
Quoting Lloyd628
{quote} I absolutely agree with you.
Air force
  • #62,182
  • Jan 29, 2025 11:44am Jan 29, 2025 11:44am
Weekly is bearish seeking 2695.
I don't bet ATH...
Minimun 2722...

Try 2.782 to close above and most likely failed...
Just an opinion....
  • #62,183
  • Jan 29, 2025 11:51am Jan 29, 2025 11:51am
Quoting Deal
Weekly is bearish seeking 2695. I don't bet ATH... Minimun 2722... Try 2.782 to close above and most likely failed... Just an opinion....
Well, the weekly candle is still in the making...
  • #62,184
  • Jan 29, 2025 11:57am Jan 29, 2025 11:57am
Quoting Namoo4Christ
{quote} Well, the weekly candle is still in the making...
Yes it is, but i analise monthly, was monthly that failed, if ATH possible will seek 2837.
True to be told we already reject 2730.700, still a light possibility to ATH, i simple don't bet on hit.
I trade day by day, so i adapt.

Adding that weekly most likely will end bearish... I simple am doing the math.
  • #62,185
  • Jan 29, 2025 12:11pm Jan 29, 2025 12:11pm
Quoting Deal
{quote} Yes it is, but i analise monthly, was monthly that failed, if ATH possible will seek 2837. True to be told we already reject 2730.700, still a light possibility to ATH, i simple don't bet on hit. I trade day by day, so i adapt. Adding that weekly most likely will end bearish... I simple am doing the math.
Well, I see price going to 2745-40 and then going for ATH,
my humble opinion...
  • #62,186
  • Jan 29, 2025 12:12pm Jan 29, 2025 12:12pm
Gold is bullish, I will treat this as a retracement, up to '30. IMO the only thing that will lead to a sharp fall is the end of the Russia-Ukraine war, and Trump didn't stop it with a call like he said The expectation is no cut and a dovish stance from the Committee, hope it plays out and we get to buy lower
  • #62,187
  • Jan 29, 2025 12:16pm Jan 29, 2025 12:16pm
Quoting Deal
{quote} Yes it is, but i analise monthly, was monthly that failed, if ATH possible will seek 2837. True to be told we already reject 2730.700, still a light possibility to ATH, i simple don't bet on hit. I trade day by day, so i adapt. Adding that weekly most likely will end bearish... I simple am doing the math.
Besides, Monthly candle still doing great, and still has till next tomorrow to conclude...
  • #62,188
  • Jan 29, 2025 12:17pm Jan 29, 2025 12:17pm
Quoting 69Doggy
Gold is bullish, I will treat this as a retracement, up to '30. IMO the only thing that will lead to a sharp fall is the end of the Russia-Ukraine war, and Trump didn't stop it with a call like he said The expectation is no cut and a dovish stance from the Committee, hope it plays out and we get to buy lower
Is your opinion...
Caution with FOMC, you could see next 4H bearish again in Ny time left 3h45m
If i am wrong that FOMC will turn bearish too, i have to review my prices and the pattern that i am following.
Like i said i adapt...


EDIT: Minimum 2746.714

I give the benefit of the doubt can be a wick...
  • #62,189
  • Jan 29, 2025 12:31pm Jan 29, 2025 12:31pm
Quoting Namoo4Christ
{quote} Besides, Monthly candle still doing great, and still has till next tomorrow to conclude...
Candles have wicks majority of the time.
Guys don't stick to your only bias.
That at long term give losses.
If you were talking last week i agree. Or in the next month i can agree, in last days of the month not respect what price action is giving is not wise.
We all have lucky now and then...
  • #62,190
  • Jan 29, 2025 12:33pm Jan 29, 2025 12:33pm
Ready for FOMC - not taking any initial trades but I am expecting gold to move up and break ATH today

No rate cut expected, the market knows this and has priced this in, so we may see a small move down just so the market can play its hand, after that I'm expecting gold to pump and move up during Powells conference, which is expected to be dovish. Dovish = weak USD.

Technical wise, we're at the bottom of the channel yet again, I'm expecting this to be the last time we touch it before we move up again
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  • #62,191
  • Jan 29, 2025 12:47pm Jan 29, 2025 12:47pm
Quoting Deal
{quote} Is your opinion... Caution with FOMC, you could see next 4H bearish again in Ny time left 3h45m If i am wrong that FOMC will turn bearish too, i have to review my prices and the pattern that i am following. Like i said i adapt... EDIT: Minimum 2746.714 I give the benefit of the doubt can be a wick...
I'm trading on my own, that is my opinion, money and decision. At the end of the day I cry alone. I don't take any advice here
  • #62,192
  • Jan 29, 2025 12:57pm Jan 29, 2025 12:57pm
place your bets //..
its all about Karma
  • #62,193
  • Jan 29, 2025 12:58pm Jan 29, 2025 12:58pm
Lets go boysss final 5 mins
  • #62,194
  • Jan 29, 2025 12:58pm Jan 29, 2025 12:58pm
Quoting 69Doggy
{quote} I'm trading on my own, that is my opinion, money and decision. At the end of the day I cry alone. I don't take any advice here

Good for you...
If you don't take accept opinion of the others and talk less frustrade.
That i remember i also put ATH in equation, but simple is not my bet...
You normally have a bad temper when things are not as you like to be, did you notice that?
Nobody is perfect so....


EDIT: And for the record my golden chickem is pointing on daily bullish, but not weekly....
I am not bias....
  • #62,195
  • Jan 29, 2025 1:01pm Jan 29, 2025 1:01pm
Bangggg
  • #62,196
  • Jan 29, 2025 1:03pm Jan 29, 2025 1:03pm
Quoting Deal
{quote} Is your opinion... Caution with FOMC, you could see next 4H bearish again in Ny time left 3h45m If i am wrong that FOMC will turn bearish too, i have to review my prices and the pattern that i am following. Like i said i adapt... EDIT: Minimum 2746.714 I give the benefit of the doubt can be a wick...

Done... Lets see the rest...
Nobody is perfect,,,,
  • #62,197
  • Jan 29, 2025 1:06pm Jan 29, 2025 1:06pm
can we see 2730 ish//
its all about Karma
  • #62,198
  • Jan 29, 2025 1:07pm Jan 29, 2025 1:07pm
Quoting Deal
{quote} Good for you... If you don't take accept opinion of the others and talk less frustrade. That i remember i also put ATH in equation, but simple is not my bet... You normally have a bad temper when things are not as you like to be, did you notice that? Nobody is perfect so.... EDIT: And for the record my golden chickem is pointing on daily bullish, but not weekly.... I am not bias....
No fucking clue of what you just said, but I'm not frustrated maybe I came across that way, but this was the expectation, no rate cut and maybe a dovish stance from the FOMC, means gold is bullish IMO, so I'll buy when it goes lower
  • #62,199
  • Jan 29, 2025 1:13pm Jan 29, 2025 1:13pm
Looks like the head and shoulder anti dandruff shampoo pattern plays out.
  • #62,200
  • Jan 29, 2025 1:14pm Jan 29, 2025 1:14pm
Quoting 69Doggy
{quote} No fucking clue of what you just said, but I'm not frustrated maybe I came across that way, but this was the expectation, no rate cut and maybe a dovish stance from the FOMC, means gold is bullish IMO, so I'll buy when it goes lower
You want talk about fundamental?
If is expected nothing happen prevale price action first place.
I don't believe in news. So is hipotectical i did, i had an opposite idea...
By demand perspective we have 1h demand yesterday untapped and tipical is... We have pivots pointing bearish daily and weekly....
Open and closes pointing bearish.
I never said long term we are not bullish, i said not for this week...

And if it happen, tomorrow market will dictate a new story.
I trade what i see day after day, majority trade what they see one time...
My opinions are not for those people, is not like market work!
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