Gold with No Drama

Quoting daftpunk

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{quote} I have been observing impact of geopolitical news on gold lately and it seems gold reacts the opposite way quite often. My view is that any escalation with Iran leads to higher oil prices which reignites inflation concerns and in turn — potential for fed’s hike. Fed hike worry usually drives gold lower as it is a non-yielding asset and it becomes more expensive to hold it. Can be wrong too, but that’s my conclusions so far.

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Quoting Rednose

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{quote} If I tell you that price moves in scripted ways and news are only accelerators of a certain pattern, would you believe me?

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Quoting mehtataarak6

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{quote} Bro You are the oldest player of forex factory like the internet was damn slow how are u still alivefeeling good right in this quick generation.

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Quoting Muxb7

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{quote} From my perspective, I’m still leaning bearish in the short term, but Monday’s open will depend heavily on geopolitical headlines. Technically, gold is showing signs of weakening after failing to sustain higher levels, with sellers defending resistance and momentum fading. Unless buyers reclaim those key resistance zones, I still prefer selling rallies rather than chasing buys. The main risk to this bearish view is the Middle East. Iran’s new Supreme Leader has publicly vowed revenge for the killing of his predecessor, and tensions remain...

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Quoting mehtataarak6

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{quote} Bro You are the oldest player of forex factory like the internet was damn slow how are u still alivefeeling good right in this quick generation.

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Quoting Karlzhhh

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{quote} Bro joined Forex factory when I was 4

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Quoting mannnnnnan

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{quote} {image}

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Quoting Muxb7

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{quote} due respect to all trader here with good experience everyone is having. maybe I’m wrong and your are right. but this is what I’m thinking or even lower it will go. but nobody can predict the market 100% specially GOLD. {image}

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Quoting mannnnnnan

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{quote} "Bro, I have the same bias for both buy and sell, but I'm not fully certain. My analysis looks very similar to yours, but due to a recent market structure shift and the liquidity collected below, I'm leaning more towards the buy side."

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Quoting has22v

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The strait will close again, oil will surpass $100, and we will witness a historic drop in gold. Iran says America has left us no choice but to build a nuclear bomb. The ceasefire in Lebanon is over.

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Quoting daftpunk

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{quote} Do you think that last hour was a genuine market move or an institutional manipulation to stophunt and get to a better level for shorts?

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Quoting AnuragD

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Gold might open below 4020.

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Quoting hokageneptun

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for me , this is a decision zone for both buyers and sellers , personally it should have at least hit 4020 again , now only thing i can do is to wait for monday opening with my positon being still open {image}

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