Attachments: Gold with No Drama

Gold with No Drama

#42,421
Mar 23, 2026 1:34pm Mar 23, 2026 1:34pm

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts

Quoting atozzz

Disliked

{quote} just look like it, but it moves like NQ right now .very random

Ignored

News is just volatility; it does not change the technical outcome.
When the trend direction changes, you will see it in the chart first

When life gives you lemons, make lemonade

#42,422
Mar 23, 2026 1:35pm Mar 23, 2026 1:35pm

XcapeReality
| Joined Feb 2026 | Status: Trader | 117 Posts

Quoting has22v

Disliked

There are reports of an explosion in Isfahan. Where is the ceasefire?

Ignored

There wasn't a ceasefire technically. It was just Trump saying he wouldn't follow through with the threat of attacking Iran's power plant and infrastructure and would hold off doing that for 5 days.

I have seen a lot of reports that Iran are insisting there are no talks and pretty sure Israel has continued attacks today anyway. Going to be a messy few days

#42,423
Mar 23, 2026 1:45pm Mar 23, 2026 1:45pm

wirger
| Joined Jan 2026 | Status: Trader | 100 Posts

We can do anything, literally anything, get to 4600 or the other way around to 4300. There is no trend or technical point of view here

#42,424
Mar 23, 2026 1:49pm Mar 23, 2026 1:49pm

TedMabaso
| Joined Nov 2023 | Status: Trader | 3 Posts

Quoting micho

Disliked

{quote} News is just volatility; it does not change the technical outcome. When the trend direction changes, you will see it in the chart first

Ignored

Very very true the market will Alwys give entries regardless it's a language worth reading

#42,425
Mar 23, 2026 2:18pm Mar 23, 2026 2:18pm

Mrafi1982
Joined Mar 2020 | Status: Trader | 468 Posts | Online Now

very true! as long as we have a system to read price, the market always gives entries.. did my last trade gold sells from 4464.. TPed 4400. see you guys in Asia. there are few good traders who teaches us how to read the market. Especially MR Deal. learnt a few things from him.

#42,426
Mar 23, 2026 2:43pm Mar 23, 2026 2:43pm

Mavexn
| Joined Dec 2025 | Status: Trader | 66 Posts

Ending today with some losses looking forward to asia to recover watching out for Zones

#42,427
Mar 23, 2026 2:45pm Mar 23, 2026 2:45pm

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

Gold must be Gold.

At the moment:
M5 - Bearish
M15 - Bullish
M30 - Bearish
H1 - Bullish
H4 - Bearish

#42,428
Mar 23, 2026 3:17pm Mar 23, 2026 3:17pm

Zebi
Joined May 2022 | Status: Trader | 8,016 Posts

my charts saying this isnt the bottom...we'll test last nites low within a week if not sooner

short trump and go long the deepstate

#42,429
Edited 3:47pm Mar 23, 2026 3:29pm | Edited 3:47pm

Mitiblotch
Joined Sep 2017 | Status: Trader | 11,226 Posts | Online Now

Quoting Zebi

Disliked

my charts saying this isnt the bottom...we'll test last nites low within a week if not sooner

Ignored

The daily 200 SMA and WMA were broken up in October 2023 and price has remained above it ever since. In fact, this is the first time of retouching them after the break up. It will be very, very difficult for price to break below it in one try. It will take time.

#42,430
Mar 23, 2026 3:41pm Mar 23, 2026 3:41pm

Huzaifa88
Joined Feb 2025 | Status: Trader | 1,204 Posts

Quoting huzaifa88

Disliked

just how fast the momentum fades {image}

Ignored

caught a smmall trade 1:1.5
first trade of tuesday
off session
rn price action is trying to shift
expect somesort of inverse head and shoulder or double bottom support aligned with session

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#42,431
Mar 23, 2026 3:42pm Mar 23, 2026 3:42pm

Huzaifa88
Joined Feb 2025 | Status: Trader | 1,204 Posts

Quoting huzaifa88

Disliked

{quote} caught a smmall trade 1:1.5 first trade of tuesday off session rn price action is trying to shift expect somesort of inverse head and shoulder or double bottom support aligned with session {image}

Ignored

tokyou will be bullish probably

#42,432
Mar 23, 2026 3:56pm Mar 23, 2026 3:56pm

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,361 Posts

good night, we can stay on this level forever. looks like the price is in perfect equilibrium here

When life gives you lemons, make lemonade

#42,433
Mar 23, 2026 4:10pm Mar 23, 2026 4:10pm

levistrauxs
Joined Jan 2026 | Status: Trader | 143 Posts

The Accum/Dist indicator hasn't yet reached the bottom of the February 2nd low. The price closed at 4,406.6, and the February 2nd low on my TradingView chart is 4,403.97. Furthermore, the 4H chart shows a classic HAMMER pattern following a possible elephant bar. A bullish possibility is possible.

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#42,434
Mar 23, 2026 4:10pm Mar 23, 2026 4:10pm

Deal
Joined Nov 2024 | Status: Trader | 5,216 Posts

At home now...
Let's share some price...
4h distribution was not yet totally invalidated.
After 1st attempt, the test at average cleared failed, and consequent average price test rejecting to downside.
By opening the average also failed but ending respecting the close...
Price is very very indecisive at the moment.
Honestly if they don't break this price 4536.415 there is no level invalidation and no distribution failed confirmed.
I think the image below is very illuminating that something will come from this range...
Safe trades.

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#42,435
Mar 23, 2026 4:22pm Mar 23, 2026 4:22pm

Huzaifa88
Joined Feb 2025 | Status: Trader | 1,204 Posts

Fed's Daly: There are two possible paths for the economy
When uncertainty is elevated, considering scenarios is more useful than debating a modal outlook. Today, there are at least two possible paths for the economy
In one, the conflict in the Middle East resolves quickly, oil and energy prices fall, and the impact on the U.S. economy is short-lived and muted
Under those circumstances, it likely would make sense to look through the temporary rise in energy prices, assuming inflation expectations remain well anchored.
But if the conflict becomes more protracted, a different scenario is possible. Disruptions in energy supply and associated cost pressures could persist, with increased risks for higher inflation, slower growth, and a weaker labor market.
So, for now, recognizing the uncertainty, examining potential scenarios, and staying focused on restoring price stability and supporting full employment no matter how the economy evolves is optimal communication and appropriate policy.

(SOME IMPORTANT NOTES COPY PASTED)

#42,436
Mar 23, 2026 5:18pm Mar 23, 2026 5:18pm

kttradess
| Joined Mar 2025 | Status: Trader | 208 Posts

Im targetting 4467 this morning

#42,437
Mar 23, 2026 5:57pm Mar 23, 2026 5:57pm

kttradess
| Joined Mar 2025 | Status: Trader | 208 Posts

Quoting Yamato01

Disliked

{quote} You see only upward move possible? Everyone who holds but from Q1 is losing money.... I see a chance to shake these hands even more and a little more south before going up. In order to involve the psychology a finish bubble bloodbath. When people will start saying "omg it is over - gold is no longer reliable - lost so much value - it is trash" etc. Then it will be perfect to load heavy buy long term (not cfd but options for example or other instruments for long term)

Ignored

That's actually incorrect, people are already confusing gold with not being a "safe haven". But if you look at YTD, gold started at 4320. Given the conditions and everything going on the war had been priced in, which led to the 5400 rally. This was the big hedge funds coming in - central banks accumulate slowly and steadily, now gold is taking a breather -- its trapped those fomo buyers. Even though price valuations by JPM and GS are at times used for manipulation, a 6k3 target for end of year is not just valued for no reason. Often the number isn't what matter's its the direction and they believe it'll go higher. This is obviously on a longer time frame, but even for the short term as of right now I believe gold needs to bounce up before going further up/down (macro-dependent).

#42,438
Mar 23, 2026 6:35pm Mar 23, 2026 6:35pm