greenland news will make gold and silver rise to 4550 and 82 again. i even see case for 4600 this week. trump has messed up everything

Gold with No Drama

I am myself clueless how the markets will react to this Greenland news. I suppose safe haven will be bought... so jpy and chf will be bought which means euro will rise against the dollar.. again I am not sure

Only EURUSD

even my broker is closed. exness open at 12:30 pm IST I think

Gold with No Drama

lol oanda showing market is open for gold and showing 4479 as rate

Gold with No Drama

very much possible. we did 60 pips yesterday from lows of the day. issue is this goldsilver ratio which i am looking and it is a multi year lows that will keep bearish pressure on gold

Gold with No Drama

the issue is we didnt tap 4470 any time today but its not taking out 4494 either. goldsilver ratio has dropped as well which is bearish for gold

Gold with No Drama

not sure why it wants higher. another break below 4476 is going to be a done deal for bears

Gold with No Drama

green data, no need to cut rates in january

Gold with No Drama

goldsilver ratio jumped 0.50 points in 15 mins. something big is going to happen today. keep an eye on that ratio

Gold with No Drama

real take off in gold will happen now. goldsilver ratio is 61.90. its at multi year low not since 2014.

Gold with No Drama

its better to use credit card and burn it. atleast u have 40 days to recover otherwise u are always chasing profits had it not been for this bastard silver gold would have been lower by now. this fucker is dragging gold everytime higher. goldsilver ...

Gold with No Drama

u mean ur gold shorts are paying for the swap?

Gold with No Drama

it can still bounce from 4470 but if 4431 is broke then markets will have sellers on every rise. we are up almost 150% for the year if I am not wrong

Gold with No Drama

yes but be careful with the run up we have had. if another round of selling comes this wont survive 4470 again

Gold with No Drama

it should have bounced at 4454 or 4431. 4470 was european low i agree but after we got to 4431 that price does not matter. lets see if this wave continues or we settle down here. they will leave something for europe to buy or sell

Gold with No Drama

i said this will come when there no prospective buyers and only sellers. they will probably buy at 4431 again since it was a low for yesterday. just like upmoves are violent down moves can finish ur acocunt. we might see a move to 4315 also. dont be ...

Gold with No Drama

impulse wave is possible if there are no buyers at this level and only sellers but that is not possible in gold.

Gold with No Drama

if it was stoploss hunt move we will probably get 2 or 3 more waves. they wont stop at one wave. 2nd wave is the most brutal one where maximum price damage is done. so if 20 pip was the first one. 2nd will be very quick and 40-60 one. again i am not ...

Gold with No Drama

I dont think we will see many faces come new year with the last few days we are having for december

Gold with No Drama

how big was your account. many small accounts have been wiped out. trade with 0.01 lots and very tight 50-60 dollars for gold for 5000 dollar account and 20-30 pips got 3000 dollar account

Gold with No Drama