No attacks just gold trades/analysis

Quoting canyouu

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{quote} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the ideal sl for such good trade, so as I said yesterday that it would come down to clear liquidity to pick buy orders before it starts with the ideal buy because that is what happens most of the time like 95%, I guess it does this to confuse most retailers and liquidate their positions both ways then kick them out before the real move begins. {image} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the...

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Quoting Samee.123

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Sir can you tell me that what is FOMC and FOMC rates and FOMC statement and FOMC meeting and Fomc speech?

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Quoting nashcash

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{quote} Sir may i ask why level 4494-4490 and not 4460 - 4466?

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Quoting canyouu

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{quote} why do you think it should be 4466-60

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Quoting canyouu

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{quote} FOMC is Federal Open Market Committee and they meet 8 times a year to share ideas or report the financial development or financial health of the 12 federal reserve banks in US and the entire US financial system, so they are the president of the 12 federal reserve banks with their vice president and the overall boss or chairman Jerome Powell now replaced by Kelvin Warsh

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Quoting canyouu

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{quote} FOMC is Federal Open Market Committee and they meet 8 times a year to share ideas or report the financial development or financial health of the 12 federal reserve banks in US and the entire US financial system, so they are the president of the 12 federal reserve banks with their vice president and the overall boss or chairman Jerome Powell now replaced by Kelvin Warsh

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Quoting canyouu

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{quote} They perform Open Market Operations in the financial markets (that is buying or selling securities in the market to manage liquidity or alter Fed's rate and they also vote on where to set Fed's rate and they do all this to manage inflation and ensuring price stability and they do this by raising rates to counter higher inflation or reducing rate to spur economic growth or prevent recession or stagflation so they are always in a dilemma situation but they do their best , they are 19 members in all i guess and they perform their operations...

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Quoting GreatDee

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Sell gold positions. No buys for me for now. Manage risk properly {image}

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Quoting canyouu

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{quote} They perform Open Market Operations in the financial markets (that is buying or selling securities in the market to manage liquidity or alter Fed's rate and they also vote on where to set Fed's rate and they do all this to manage inflation and ensuring price stability and they do this by raising rates to counter higher inflation or reducing rate to spur economic growth or prevent recession or stagflation so they are always in a dilemma situation but they do their best , they are 19 members in all i guess and they perform their operations...

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Quoting canyouu

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{quote} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the ideal sl for such good trade, so as I said yesterday that it would come down to clear liquidity to pick buy orders before it starts with the ideal buy because that is what happens most of the time like 95%, I guess it does this to confuse most retailers and liquidate their positions both ways then kick them out before the real move begins. {image} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the...

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Quoting canyouu

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{quote} Depending on where market closes today and the price action that will follow till tomorrow afternoon we will know whether the buy that started yesterday was a beginning of change of trend to bullish again or just a retracement because it could be a retracement for bears to continue to push price down again, but as I said either Monday or Tuesday even if the sell will continue, it would buy first to somewhere 4550 before it reverses and glory be to God that if it reverses i will know, but for now it's best to buy at the buy zone and let wait...

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Quoting canyouu

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{quote} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the ideal sl for such good trade, so as I said yesterday that it would come down to clear liquidity to pick buy orders before it starts with the ideal buy because that is what happens most of the time like 95%, I guess it does this to confuse most retailers and liquidate their positions both ways then kick them out before the real move begins. {image} A buy at 4494-90 sl at 4465 and this sl is a little bit bigger, because it worth it and it's the...

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Quoting canyouu

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{quote} Market has a way of doing this, it mostly go down to clear liquidity to fill orders before the the ideal move start

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Quoting canyouu

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{quote} At entry let see how it goes {image} At entry let see how it goes

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Quoting canyouu

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{quote} At entry let see how it goes {image} At entry let see how it goes

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Quoting canyouu

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{quote} sl should be at 4487 to reduce risk incase it decides to resume bearishness which I doubt though {image} sl should be at 4487 to reduce risk incase it decides to resume bearishness which I doubt though

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Quoting mloistianto

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{quote} what the heck bro. who are you? This is not some of us retailers could do perfectly.

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Quoting canyouu

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{quote} At entry let see how it goes {image} At entry let see how it goes

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