For weeks now, the only session in which the PMs tend to be sold is US session (NYO - NYC).

Gold

We're also not considering the fact that the Fed is behind us and the only impactful news is US selections which is in November. Perhaps the price will start Ranging between the two prices. We could be in a 100$ range for some time now 2630$ - ...

Gold

Gold/Silver Ratio is looking "Bearish" which would usually mean that the Silver has started to outpace the Gold. Usually, this is the case when both Gold and Silver are going up, but Silver is going up faster.

Gold

Indeed.

Gold

The charts are completely Bullish on the Gold. I don't even have a M15 suggesting a Short for now, let alone higher time frames. I wouldn't start Shorting until M15 starts showing some signs at least. That's my opinion only of course.

Gold

Basically, when the yields start to spike that is probably when everything will take a hit across the market. When that will happen noone knows.

Gold

If Bloomberg says the Gold is going to 2630$, then I'd expect the Gold to fall to 5$. That's how reliable main stream media is.

Gold

Sure. You have plenty of time to take profit and that's great.

Gold

Yeah... especially 2530$ which will have to be retested. Price can only go so far and for so long until it has to return to retest the ex main Resistance.

Gold

DXY still didn't reach the Support I mentioned at 98.7 or somewhere around that. Maybe slightly more up and then DXY will recover.

Gold

So, somewhat higher than 2650$? Okay, thanks!

Gold

Okay, thanks! Towards 2530$ presumably (ex Resistance now Support)?

Gold

Elliott Wave theory? So, this was the 5th ha? Wait... how many $ was the first and third wave? I heard that the 3rd wave cannot be the shortest.

Gold

Good job! Do you have any TP in mind or are you riding it towards 3000$?

Gold

Resistance for the Silver is between 31.5$ - 32.5$. If the price can manage to go above this Resistance, then we're looking at around 34$ - 35$ for the price of the Silver next.

Gold

I have 2620$ in my mind. Hmm... perhaps they will break this trend line and it'll be used as a Support. We'll see...

Gold

Fed's Pedro what's the target now that the price is above 2600$? I remember you were mentioning 2800$ I think?

Gold

Is everyone here scalpers or is there some swing traders here? Also, is anyone holding Longs from 2550$?

Gold

2600$ finally breached. 2620$ looks interesting to me for some reason...

Gold

The next big thing that the market is waiting for is the US selections in November. NFP and CPI and other news should become less and less impactful from now on, because the Fed just cut rates and they laid out the plan for future rate cuts. ...

Gold