I will sell only below of 4717. If NY session keeps down then price might go down to 4670.
Besides, if you look at the daily candles, yesterday and today candle both are in the same price point levels. If today closed above of 4730, monday we might get a good bearish candle.
If we see a bullish candle, big players start to fill in the shorts.
{quote} I dont think Price action right now is looking at NFP and fundamentals. Market is expecting a good news on war from over the weekend. Good news means price is going to 4500. Bad news means 4800.
{quote} It only a few more dollars but it all counts and it is all about time ... And if my maths is correct that is over 18% in one day ... time to make a change ... No-one believes it is possible ... after all this time (years in the making) ... I don't care ... It is all about time ... {image} {image} {image}
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What happens at 16:30 GMT+3 ... no one can predict what will happen or can they? ...
{quote} I dont think Price action right now is looking at NFP and fundamentals. Market is expecting a good news on war from over the weekend. Good news means price is going to 4500. Bad news means 4800.
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I assume good news is something like "peace deal is within reach" while bad news is something like "bombing Iran will be resumed" ...please CMIIW
Btw in my opinion, based on current situation the war itself is not going to end anytime soon but the tweet is there to facilitate market manipulation and potentially insider trading to profit a lot
{quote} I dont think Price action right now is looking at NFP and fundamentals. Market is expecting a good news on war from over the weekend. Good news means price is going to 4500. Bad news means 4800.
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Bad news from this war will mean Oil up which generally means gold down due to inflation worries and strengthening of dollar. Good news from the war will surely push gold up and the inverse for bad news. overall looks pretty choppy if there is no clear breakout or news update.
