Then how do you explain the GAP in an exchange price feed when orders cannot pass through during weekends Please enlighten me, like you would explain to a 5 years old.

Gold with No Drama

You keep predicting, i keep reacting. Deal?

Gold with No Drama

Weekends close is not really close, if what is happening on OTC affect the opening week days market. By definition, OTC means a B2B transaction. and by law of liquidity, for me to be able to buy $100m Pound sterling (for example) in OTC, someone ...

Gold with No Drama

I see 5195 zone for the current cycle top. The short setup will be an order flow shift trade, so we need to wait for CONFRIMATION before we short. It will happen pre-fomc. I am bearish GOLD for FOMC. We will get the opportunity to scalp short a $300 ...

Gold with No Drama

Gaps occurred during weekends and Gaps occurred when during trading hours in week days are entirely 2 different concepts, tho they share the same name, they characteristic and how price action usually flirt with them are 2 whole different stories!

Gold with No Drama

As long as Ministry of finance of Japan keep fiscal spending expansionary, even with BOJ intervention, the cycle of liquidity will not change. This is to say, if BOJ want to prop up YEN, it cannot do it alone, because the carry trade is too big to ...

Gold with No Drama

5175 before we get another conso or pullback, 5700 is my target, but that target also seems to low now. Update in my plan about my take profit, as long as price structure remains upward, i will not put a take profit order, instead i'll just use ...

Gold with No Drama

AT this point even $7k gold feels cheap image Credibility in the global credit market is eroding!

Gold with No Drama

2 H4 weakness candlestick, and weekly range exceeds the normal range And here majority of retails decide to buy? image That why it is said, you may be buying in an uptrend, but that does not necessarily mean you will be making money! Or at worst, ...

Gold with No Drama

No where is seen to display the true DOM. I guess that does not exist yet. Even with bloomberg terminal and refinitiv eikon order flow and DOM, seems to project incomplete data. The final and most reliable, level still lies in the chart and setup i ...

Gold with No Drama

It depends on how you negotiate with your broker. When you open an institutional account with them, the commission/lot, swap fees, in swap free account (management fees), payment method, account refund from wallet, cross collaterized account or a ...

Gold with No Drama

These 2 everyone know them, but they misunderstood it. Discipline: #1 When you face will 1 loss, you stay discipline. #2 When you are in deep profit, but not yet your TP, you take some off the table, and hold till tp hit. #3 Just because you are ...

Gold with No Drama

I told you all, this trade will be life changing. The next quarter will be like hell, Everything and everywhere is broken apart.

Gold with No Drama

Our definition of SUpport might not be the same, first. I have trailing SL, but i partial TP along the way. ALso, a broken support might not necessarily means a reversal. Becasue so far i have emphasized the use price structure to reflect the market ...

Gold with No Drama

Now lets look forward Backwardation: A Temporary or a Sustaining one??? Tempo: spot price > future price (now) Sustaining: Spot price > Next futures contract (MAr, APR, JUN..) This cause price to continue to rise, as these contracts are considered ...

Gold with No Drama

I wanna close, but TP at 5500. It becoming emotional as it approach $1000, move. Good thing, i use the right account to buy. SWAP FREE lol

Gold with No Drama

The big move was yesterday.

Gold with No Drama

They are pumping money in their economy. But that money leaves their economy and flew to Shanghai GOLD exchange, Hong Kong GOld market by firms (pension firm, and UHNWI) Thus, Gold acts as a release valve for the pressure accumulating for the ...

Gold with No Drama

I wanna hear what is it with J A P A N?

Gold with No Drama

$310 move, and continue to print. ***Notice how spot gold price > Comex futures price. Premium gets evaporate, Physical driving the spot price now. Backwardation GVZ continue to goes up.

Gold with No Drama