Gold with No Drama | Page 391 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

Attachments: Gold with No Drama
Exit Attachments

Gold with No Drama

  • #7,801
  • Oct 21, 2025 9:27am Oct 21, 2025 9:27am
Quoting Praetorion
Loose today 4240.50 and welcome 4117 then followed by a 4030.. come for longs after loading for CPI .. now we have a strong level to break !! happy trading .. {image}
the greater the rise .. the harder the fall .. lo and behold ..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 56 KB
Candlesticks dont move markets, Volume does
  • #7,802
  • Oct 21, 2025 9:27am Oct 21, 2025 9:27am
The biggest daily red candle on record — a massive 5% drop in a single day — is telling its own story.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
  • #7,803
  • Oct 21, 2025 9:31am Oct 21, 2025 9:31am
5.5% Drop gold is officialy worthless now.
  • #7,804
  • Oct 21, 2025 9:32am Oct 21, 2025 9:32am
Buyers are getting absolutely roasted and toasted today — the market’s serving them up on a sizzling platter!
  • #7,805
  • Oct 21, 2025 9:33am Oct 21, 2025 9:33am
Gold Suffers Biggest Drop Since 2020

Gold tumbled more than 5% to around $4,130 per ounce on Tuesday, poised for their biggest daily drop since August 2020, after touching a record high of $4,382 on Monday.

The decline came as profit-taking accelerated and the US dollar strengthened, while safe-haven demand eased amid improving global sentiment.
Optimism grew over easing US–China trade tensions, with Presidents Donald Trump and Xi Jinping scheduled to meet next week to address tariff disputes and avoid further escalation.
The end of the seasonal gold-buying spree in India also weighed on physical demand.
Meanwhile, there were expectations that the US government shutdown could be resolved this week and anticipation of Friday’s delayed US inflation data.
Markets continue to price in a 25-basis-point Fed rate cut next week, with another reduction likely in December.
Despite the pullback, gold remains up more than 60% year-to-date, supported by expectations of further Fed easing and lingering demand for safe-haven assets.
  • #7,806
  • Oct 21, 2025 9:35am Oct 21, 2025 9:35am
=.= i told everyone about stronger correction since last week, then hell yeah, it officially break 4155 with ease -.- now 4050 is next target lol, i love how market work... (-2.5k) pips in a day
Will is the most powerful weapon in the world.
  • #7,807
  • Oct 21, 2025 9:35am Oct 21, 2025 9:35am
Guess we’re officially in bear territory now
Today's drop was brutal!
  • #7,808
  • Oct 21, 2025 9:39am Oct 21, 2025 9:39am
Bottom of the channel @4100
Que Sera
  • #7,809
  • Oct 21, 2025 9:39am Oct 21, 2025 9:39am
Quoting PixelAura
{quote} Hope not today {quote} Weekly close below $4155 can make gold drop to $3657 May be im wrong, 4006 can protect
$4155 & $4335 support and resistance on HTF
Untested level $4060-54
WS38 4071.34
Positive pips to All
  • #7,810
  • Oct 21, 2025 9:39am Oct 21, 2025 9:39am
Quoting DMTrades
Guess we’re officially in bear territory now Today's drop was brutal!
no.
Que Sera
  • #7,811
  • Oct 21, 2025 9:39am Oct 21, 2025 9:39am
Quoting DMTrades
Guess we’re officially in bear territory now Today's drop was brutal!
Just profit taking, its always this violent.
  • #7,812
  • Oct 21, 2025 9:40am Oct 21, 2025 9:40am
Quoting giveachance
nice flush of the longs. after today's day end this day will be remembered by longs. surprisingly silver has not fallen much so there is hope for bounce but that will entirely depend on what silver does in the long run. i believe if ratio of gold to silver is close to 85 gold is a sell
now you know why I said this. 250 dollar flush from highs of the day
  • #7,813
  • Oct 21, 2025 9:41am Oct 21, 2025 9:41am
Quoting DMTrades
Guess we’re officially in bear territory now Today's drop was brutal!
yup it was a brutal bastard

Time for a cold one or two
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4403.jpeg Size: 1.8 MB
Insane in the Brain..
  • #7,814
  • Oct 21, 2025 9:41am Oct 21, 2025 9:41am
The price is sat around where it was 9 days ago. This is not bear territory lol

Just correction for a asset class which was getting ahead of itself... correction & consolidation for a few weeks / month.
Que Sera
  • #7,815
  • Oct 21, 2025 9:41am Oct 21, 2025 9:41am
Quoting mades
{quote} Just profit taking, its always this violent.
This is not "always" at the end of the month?
  • #7,816
  • Oct 21, 2025 9:42am Oct 21, 2025 9:42am
Considering that everything else is flat, what or who could be causing this move?
  • #7,817
  • Oct 21, 2025 9:42am Oct 21, 2025 9:42am
Quoting BeeTogether
{quote} yup it was a brutal bastard Time for a cold one or two {image}
Take 2 on my name lol still on my 9-8 =(
  • #7,818
  • Oct 21, 2025 9:44am Oct 21, 2025 9:44am
Going towards a 7% drop in a single day without a major event, policy change or Tweet.

Dang...

EDIT:


Historical 7%+ Single-Day Drops in Gold (XAUUSD)

  1. April 15, 2013: Gold plunged over 9% in one day, falling from around $1,550 to $1,395. This was the largest single-day percentage drop in over 30 years.

    1. Trigger: Panic selling after weak Chinese GDP data, rumors of Cyprus selling gold reserves, and technical breakdowns.

  2. March 17, 2020: During the COVID-19 liquidity crunch, gold dropped around 7% intraday, closing down roughly 5.5%.

    1. Trigger: Investors sold gold to cover margin calls and raise cash amid broader market turmoil.

  3. January 22, 1980: Gold fell over 10% after peaking at $850/oz just days earlier.

    1. Trigger: Volcker-led Fed rate hikes and profit-taking after a speculative surge

  • #7,819
  • Oct 21, 2025 9:44am Oct 21, 2025 9:44am
Quoting SlideLow
Considering that everything else is flat, what or who could be causing this move?
Its sat where it was 10 days ago.. it was over inflated, this is how the market works, it will go back up again. Over bought / over sold. Now back in the channel
Que Sera
  • #7,820
  • Oct 21, 2025 9:45am Oct 21, 2025 9:45am
Long with a big lot @ 4104

SL @ 4040 ... Leaving this one to stop or run.
Que Sera
177 traders viewing now, 26 are registered:
DoWhatIKnow
,
,
FrancisCain
,
has22v
,
MysticJ
,
fthakc
,
Sainbayar
,
shoaibisone
,
,
berfin
,
Jangle85
,
OracleOfAlph
,
nhance123
,
,
interocean
,
JakFX85
,
annjake
,
YashwanthDd
,
cameron777
,
Fdxb
,
,
Risknreward
,
gpb
,
Pissang
,
Gelato34
,
inigwlosiapa