China offloading US treasuries like crazy, pushing yield up and dollar down. Money flows into safe haven, gold, JPY and CHF. We had a similar situation back in 2022 when Lizz Truss cause meltdown in the UK. A lost of confidence in the newly elected ...

Gold

HI above 3135, we still maintained higher timeframe price structure of HL and HH. Even with overlapped swing, we still be in an uptrend price structure.

Gold

Shorts should be careful. My shorts got crushed. XI just pi**ed off Trump. Trump will probably hit back. May be from 145% to 200%? Yesterday i thought Xi will raise to 100% from 84% but instead he raise tariffs to 125%. High possibility we will see ...

Gold

image Thin liquidity

Gold

Hi, price is flirting with 127% of previous swing, waiting for price to break down 3201, we get a CHOCH, we may have a retest to broken resistance of previous swing high before another push up to 3295-3320 range.

Gold

The same happen with SPX trend up. When every sellers now believing this will not end, they become buyers, price move less than 50points in their favour, then drag them all 600points in hell in one day, then the rest become history Volatility does ...

Gold

You can be selling does not mean you are going to make profit. You can be buying in a bull market, still does not mean you are going to make profit. It all come down to reflexivity of the trader; i.e when and where to buy/sell. Yesterday trump ...

Gold

good posts, only thing that can shoot up gold is china hit with another tariffs on US goods, probably to 100% from 84%?? FED rate cut and geopolitics to the PPI, tariffs pause, no tariffs on bullion, all gives probab to downside.

Gold

Those who gamble get crushed, the discipline one survived. Heehee. Buying at the top, good strategy. To the moon at the top, lol

Gold

We dont need to know. Because trading an event must come with a setup that defines within your strategy and risk tolerance . Otherwise, its gambling. But technically speaking 3111 might be revisited for $$$ grab, then up towards 3147 or new high. ...

Gold

Then lets talk about trading psychology and how to achieve consistency when each individual outcome of a trade is random???

Gold

Best trade will be post cpi imho, if price failed to break 3147 on lower than expected CPI, we have high chance of revisiting 3065 for tomorrow high than expected PPI By monday i guess we will see new high, if tomorrow we indeed visit 3065. Weekends ...

Gold

Full fledge Tariffs took effect in April Economists said by june tariffs will be affecting prices. With CPI today expecting to falls, and yesterday Trump hit another 21% on top of previously 104% to reach a total of 125% tariffs on China, earlier ...

Gold

Tonight, FED mins is expected to deliver an emergency rate cut. Gold is expected to see 3125 today, and close around 3200, then 3295 might be top, which is also monthly wave 3 extension.

Gold

These banks already gave their forecast EOY 2024. Now they are also revising their forecast Upward image Some of them are seeing as much as $5k by 2027.

Gold

Hi, what made you think that gold will retrace??? Because so far Gold price retracement/pullback or any overbought indicators is right to the trash can! Only fundamental prevails. So i want to hear your view that made you believe gold must retrace??? ...

Gold

Even COT GC There is no interest building shorts. REd candles are only Longs covering.

Gold

Norin Chukin and US debt refinancing in 2025

Gold