Thanks!

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Fed's Pedro has been summoned to the emergency Fed meeting, so he cannot reply now. Powell seeks further guidance and advice. He'll be back, don't worry... Even if he is wrong, he's been right so many times already that we can probably let this ...

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Someone asked about Bloomberg today... Buy Bonds and Gold as Bubble Risk Returns, BofA Strategist Hartnett Says This news were let out and hour and 15 minutes ago. Exactly the same time when Gold started dropping. ...

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Sure.

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I think the next time we wait for the Short, we can probably go drink some coffee and enjoy ourselves until US session begins.

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M5 Chart did it's job. M15 for now is still not suggesting any greater sell is coming. 2595$ should hold today if the price can reach it in my opinion.

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Haha We have pretty significant Support around 31$ and 30.8$ (H4 Chart). If the price can manage to break lower than these two Supports, then 30.5$ is definitely in play!

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Around 2595$ is quite significant Support which the Bears will probably fail at, but we'll see that if we get there. PMs only sold after NYO... while everyone else is buying.

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Today? I mean now? This isn't some old news? Then Shorts should be careful not to get hit out of the blue! Protect position...

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FINALLY SOMEONE MENTIONING THE SILVER! HOW ARE YOU GOOD SIR? H4 just hit Support at 31$ and this could be it for today. Another one (if another sell comes) is at 29.8$. It'll take something bigger to push the Silver that much down.

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Mine opened 40 minutes ago.

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TP-ed. Good luck everyone! That would be it for this week I guess.

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SL at BE and that would be it. I'll probably TP at 2607$. 2607.5$ is M5 Support. 2600$ will be another Support if 2607$ fails this hour and for the next hour. I don't expect the price to drop below 2600$ and if it does it probably won't be too much.

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2607$.

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Okay... added Short at 2617$. Let's see...

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Okay... if this M5 can close below 2616$, I'm in.

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Still no Shorts... M5 bounced higher.

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If M5 can close below 2612.5$, I'm in. However, I don't expect much. I'll TP at either 2605$ or 2595$.

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You know what is absolutely interesting to me? Fed cut rates by 50bps on September 18h 2007. even though the forecast was that the Fed will cut by 25bps. JPY pairs topped on July of 2007. PMs have been going up even before the Fed started cutting ...

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