well, news allows us to break out in one direction, if you say technicals tell the real story, then we would have been moving up over the last 12 hours not down from 3340-3325 but i get where you are coming from anyways he was surprisingly dovish so ...

Gold

no, speeches can go either way, hahaha

Gold

more dovish comments than hawkish so far... gold to 3377, 3390

Gold

surprisingly dovish!!! buy buy buy

Gold

here go..comments from other fed speakers starting to affect market... goodluck everyone,powell on soon

Gold

thats very reassuring to know!! its so easy when in a losing week to be like 'oh my god i dont know how to do this anymore' lol so its good to know others in same boat

Gold

i made pretty good money in the last week of July, and 1st and 2nd week of august, lost money last week, now slowly building again.

Gold

moving stop loss to entry, letting run to 3313 pre fed speech. pricing in this 'no rate cut' lol

Gold

anyways, i am in short to 3313 rn, will be closing positions nearer to fed speech

Gold

hehe, its all perception if powell comes out with surprising unexpected dovish tone then of course we can rise to 3365 and beyond, in my opinion

Gold

looks like that yesterday but now that the chances of rate cuts are slimming and considering they were priced in 10 days ago i think a further move down is due

Gold

Will be actively listening for certain phrases and comments during the meeting, things like 'no rate cuts are needed right now,' or 'labor market remains strong' will further confirm our short bias and shoot gold down to 3300,3290 and beyond...

Gold

Ranging between 3325 and 3335 until NY /london overlap 4pm uae time in my opinion Then we smash through 3325 and go to 3313, 3301....hehe

Gold

Good morning! Good to be back at my computer its impossible to have any grasp of the markets when travelling and relying just on phone lol Left a short position running from 3336 to 3327 overnight, hit tp Technical and fundamental outlook ...

Gold

Wonder will price range tomorrow until Fed speaks or will we see a move down after the strong US data today and some members commenting less chance of rate cut in September...

Gold

over last few weeks i noticed gold always taking 15-30minutes to react to high impact news even if the news was significantly worse/better..weird.. here we go maybe

Gold

based on todays data yes, however over last few weeks i have seen it lagging after high impact news release.

Gold

we are struggling to break this 3337,3338, ffs

Gold

lets go 3320...3313..

Gold

sure, its all perception at the end of the day, there is no rulebook you do you hehe

Gold