did u think 4k will come when it took 10 years to cross 1k, 12 months to cross 3k and now 6 months to cross 4k.. so it will take only 3 months to cross 5k. this is how a classic bubble explodes

Gold with No Drama

10k seems to be a resonable target next year. there seems to be something which is cracking somewhere in the world. we might not know it until march of next year but something will definitely crack

Gold with No Drama

yes try try but never cry. there is a destination for every train. I am sure there is one for gold unless it is going to 10k next yr.

Gold with No Drama

this gold trade now looks similar to usdchf trade in 2012-2015. markets kept on selling chf in the hope that swiss bank will support and the moment swiss pulled the trigger it was bloodbath. it is very similar to that. since oct 2023 from 1600 to ...

Gold with No Drama

4158 may or may not be touched but there are no shorts in the market. so a mere big sell is sufficient to shake up gold longs 1-5%

Gold with No Drama

just imagine the market rout which will happen when gold rises too much and economic data for the next 6 months is gone for a toss. once shutdown is over and markets starts publishing data it will be bllodbath. till then enjoy the ride

Gold with No Drama

wow never seen anything like this. its up 130 dollars since sunday opening and in absence of any data from US for past 19 days keeps on going higher. the data to follow will be most negative for years

Gold with No Drama

it has factored in 3 rate cuts, job losses which are going to be massive and i literally mean that word massive, low inflation eveything

Gold with No Drama

days like these can wipeout accounts. i really dont see any catalyst for 100 dollar rally other than shutdown. since shutdown we have rallied 500 dollars. so basically 14 trading sessions and 500 dollars. shorts are virtually 1 or 2% in the system. ...

Gold with No Drama

i think with this speed 4500 is a given end of this month

Gold with No Drama

I literally did not mean this. now there are ppl trapped at all levels.

Gold with No Drama

never seen a scenario where both gold abd btc have rallied in early asia. this is typical low liquidity moves. even if gold touches 4100 or 4150 it means nothing as market is highly illiquid. US,Canada,Japan are off

Gold with No Drama

precisely what i said

Gold with No Drama

I am repeating it again. this whole move has happened in absence of the chinese. so what the chinese do today will be very important for gold from hereon.

Gold with No Drama

if it has to do a shakeup it will fall min 15% from the highs of the month just to keep everybody grounded. right now ppl are just buying at any levels bcoz of government shutdown and minting money. it hasn't even reacted to any technical data since ...

Gold with No Drama

sadly this is not the reason. you can search the reason but this is not it and this is a small correction in overall 2000 dollar rally in 1.5 yrs. means nothing. unless we drop 15% from here it means nothing.

Gold with No Drama

with 114 dollars how are u even trading. you need atleast 1000 dollars account to trade this animal

Gold with No Drama

pivot levels. 4021 is minimum whether it gets there this month or this week or today is a diff question. since 3620 we have had only 9 red candles on H4 for a 350 dollar rally

Gold with No Drama

if I remember correctly last drop we had was 250 dollars from 3450 to 3217. after that i have not seen anything in past 5 months

Gold with No Drama

a mere 15-20 dollar correction out of 2000 dollar move from last march hardly means anything. obsession with gold is at diff levels. also i thought other asset classes will correct at some point but they too are up. 4000 is a done deal. only ...

Gold with No Drama