They usually pull the price down after NYO or after LC.

Gold

M15 still showing no signs what so ever to Sell. If M5 candle can close below 2608.5$, then we will probably get a Sell to at least 2600$, but not convinced for anything further than that.

Gold

According to the Monthly Chart and we will say you are right, this pullback to around 2300$ is going to happen in either February or March of 2025. According to the Weekly Chart, this pullback towards 2300$ should happen either this or the next ...

Gold

2530$ or lower.

Gold

Mr.Bright, here comes the Sun! Haha

Gold

Uhm. I'm drop my comment when I see M15 preparing for the Short!

Gold

I'll just mention again... looking at the higher time frames, we are MILES from any heavy Short happening. MILES!

Gold

At which point I will Sell. I need at least that M15 suggesting Short otherwise I ain't Shorting anything!

Gold

We are still too far from 3000$, so I don't believe the price will dump any time soon. Above 2700$? Sure.

Gold

Sentiment will soon become so bullish that the price will naturally take a dump soon. When Shorts capitulate, it'll take place.

Gold

Or someone is impatient with the Shorts which means even higher prices ahead.

Gold

Celente said that had the Fed cut by 25bps, that the Gold would have dropped by 100$ after which it would start recovering and I believe that would be the case.

Gold

Hahaha, yeah. However, JPY was oversold for months!

Gold

Next Weekly candle will be very interesting. I expect a doji followed by another decent Weekly candle up, but we'll see...

Gold

By which time we will both retire! Am I right or am I right?

Gold

2390$ is Monthly Support for October.

Gold

This pattern should be complete/d (soon). I have zero clue what kind of pattern we are in right now, but I remain Bullish.

Gold

Looks probable.

Gold

We're one news away from 2530$ or 2700$.

Gold

For the Gold to drop 300$, it'll take something major to happen. Some peace agreement or whatever... or the banks will start failing which will lead to a drop across the markets. Banks will have to start selling their Gold reserves to get liquidity ...

Gold