Gold with No Drama

Quoting Huzaifa88

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{quote} Same answer from my side its all about probabilities Target or not (what do you expect me to answer? Should I state this 100% confirm ( never ) it's totally an immature statement Unlike other professions trading is never about being right it's all about probabilities with edge So ask yourself are you approaching the Market the way it is to be approached or are you wishing (other than analysis) for market to go where you want Obviously it can go and cannot go Here bias Is always dynamic never static What matters is We take advantage of every...

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Quoting louiiey

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{quote} I'm with you on most of this. I don't think the BoJ plays a massive part in gold price but yeah largely speaking: more money printed and they can't print gold so gold logically has to trend upwards always. That being said; central banks are also accumulating more gold than they are selling currently, the US dollar is slowly losing it's share of global strength, rates are steady and cuts are still expected in the long run. Regardless of these facts, I always read posts in here and in other corners of the internet saying gold will crash. So...

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Quoting enarco

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{quote} BOJ is just an example of the theme. If the bombs start falling again YEN and Gold with again diverge. Theme also sticks with Trump needing this war to go away to save only his ego. What a trip.

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Quoting GoldGod

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{image}

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Quoting azhantahir

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{quote} Just end London with another breakout. Bullish still in progress. NY is going to be scary {image}

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Quoting CedFx

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{quote} Update: Trailed stops higher again as we push more. Tighten my stop as we approach higher key level. price action also shows exhaustion and buyers might reload soon. How soon is the question. {image}

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Quoting azhantahir

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{quote} Equilibrium and confluence zones. Sell stop and buy stop orders are welcome. IMHO {image}

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Quoting louiiey

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{quote} Yeah and he's even started telling Netanyahu off. I guess for now the mystery remains. At times I've seen the 'sell now' echo chamber get so bad in here that I've believed it may be driven by bots. Institutions would certainly have the funding to do this. I'll leave with the sentiment that I hope everyone stays financially responsible during these times. The markets aren't for the weak.

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Quoting Goldylocks

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With fib drawn on London swing low and swing high 4581 acting as 61.8 level if this holds could be short term pull back, but we shall see only zone I’ve got set for longs! Otherwise bearish till 4650 brakes

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