dunno how many times i have to remind people:
NFP
beeb
NFP
beeb
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Disliked1681-1688 would be a strong resistance band .
Reason: Consolidation break out targets.Ignored
Disliked
please show chart not sure what you referring to. BBands are floating S/R levels that lag behind price. I wouldn't follow them as definites.Ignored
DislikedSince your last comment here on 24th July - apart from a single word that meant nothing - gold has moved up $80 and not a peep from you. As soon as it moves down in the natural ebb and flow of the market, in a move that was telegraphed, you pop up again....
Sorry - you're on ignore from now on...
beebIgnored
DislikedHi I'm totally new to trading gold, have never done it, but I didn't understand why the $30 dollar decline if this is a risk off environment..anyone care to explainIgnored
DislikedLet's get some perspective people - so far GC hasn't even retraced what it has made this month.........
I have said numerous times that NFP is the time when takedowns are likely to happen - please remember that a manipulated market is your friend if you can take advantage of the manipulation. Gold had been going up day after day - a retracement was to be expected.
Is it over? Don't know, but I expect the carnage in the equity markets will lead to margin calls and possible forced sales.......But, the bull run is not finished over the longer...Ignored