it wont be that parabolic from here on. gold has tendency to make silly moves around month end

Gold with No Drama

having said that dont be surprised if gold suddenly drops 200 in a day and all weak hands gets shaken. I am not saying today or this week but this move will also come sometime in next 1 month. maybe 300 dollars in 2 days

Gold with No Drama

it is also a sign that something bad is going to happen in coming months bcoz gold going up is bad for world economy and that too parabolic. uj ideally should have been at 140 had it not been the japanese

Gold with No Drama

shorters are getting cooked since mar 2024 as far as I remember. they have never made money except for when it dropped from 3150 to 2970 briefly in april. the way I see it should stop at 3754 min

Gold with No Drama

I havent seen a detailed explaination as this one as to why gold has risen from 1600 odds to 3700 odds. I can only say we can go to 5000 easily if the dollar gets dumped and it will be

Gold

3652 and 3671 are still the levels below which we can still sell and hold

Gold with No Drama

3652 and then 3671 and above are the buy levels. below that it is still a sell. pivot is at 3630. below that it will be heavily sold

Gold

yes even i did not understand that dump to 3633 and back to 3645. this way it is difficult to trade this pair. I was looking at the charts since apr 2024 and except for 30-40 daily sell candles there have been any. i have never in my forex career ...

Gold with No Drama

what was that dump to 3633. super manipulated by chinese. lets wait for americans to return

Gold

a 10% rally in 11 days is the fastest i have seen in gold so far. there are concerns over this move now but i still think until 3603 we might not get a move to 3542

Gold

next move gold makes below 3619 and it drops min 50 dollars lower. either break 3643 and continue uptrend or get smacked lower

Gold

sell below 3342 for a retest of 3313. i am going all in

Gold