Gold with No Drama

Yes you are right Sir, looks like he was telling lies, the market has started digesting his lies. NO DEAL, it's a 60 days ceasefire only.

Also, there was a nuclear explosion yesterday in Iran, it's on Iran official TV. Looks like they are working on a nuclear bomb.

I do not think it was a lie. The original plan was to bomb the country to smithereens and forcefully seize their oil/Kharg Island, which meant that Iran would have been cut off from all sources of income and have all their major infrastructure bombed out. They panicked and rushed to draft an agreement to pause Trump's planned action. That's how come the new agreement where they hsve now agreed in principle many of the talking points subject to further discussions.

So, the institutions selling now still believe a full war will break out even after negotiations. They know what we don't know. But they can also be wrong. They have been wrong many times in the past.

XAUUSD SELL UPDATE
200+ pips target achieved.
Position is now risk-free with stop loss moved to breakeven.
Bearish structure remains intact, holding for further downside continuation.
Entry: 4178.30
TP1: Hit (+200+ Pips)
Current Status: Risk-Free Trade
Protect capital first, profits follow.

If it practically does not go down and starts to go up, the truth is that I have another option that takes the price to 4595/600 and from there to 4070. It is not easy to square what is out of balance but as long as I catch the trend I am doing well.

Shorts only for me unless a 15m candle closes above LH 4187.

Hehehehe shorting, the entry was pretty bad tho

Gold has bounced a bit from the low around 4167, but I’m not sure I’d call this a real reversal yet.
The chart looks like it’s trying to recover, but it still feels heavy to me. Maybe buyers are stepping in, or maybe it’s just a small relief bounce after the drop. Gold loves acting dramatic for no reason, so I’m trying not to trust one move too quickly.
How are you guys reading XAU/USD here?

SELL and safe

No thay are not, You are completly wrong, today is a long trand day, so buy every dip

god knows why market react like that..

the good think that i manage to take really nice profits on DRAM etf that i bought on Tuesday with 16% profit
and more stocks that i wanted to get rid of with nice profits.

maybe it was Pump and dump..

Unless it breaks 4169 its pulling back now

What the hell is happening in the market

where is thios volume coming from

whats that 1m candle? don't see anything on FJ

probably these

wth was that volume out of nowhere? did i miss some big news?

This is how she liquidated everyone who was in a sell.. so Smooth my love XAUUSD

Where do yall get the like extra news? forexfactory or myfxbook does not have those extra news.