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Catempire replied Aug 11, 2024i get what you’re saying but based on where it is on the chart, over the monthly’s, I wouldn’t be surprised to see a larger move upwards. IMO. More holding for that than a slight dip to build liquidity.
Gold
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Catempire replied Aug 11, 2024I don’t really understand the whole “dip to build liquity” concept with gold. It’s not like it’s a micro stock or alike, it’s an extremely liquid market at which many more people will and do unload at many different levels… granted, we might see ...
Gold
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Catempire replied Aug 9, 2024Looks like we might see a late sell off on the dow - currently flat on the day
Gold
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Catempire replied Aug 9, 2024Depends on your timeframe… volume is looking higher than July and soon to turn green, this looks sustained to me so expecting a pop to new highs. consolidation 2418 - 2450 until next week
Gold
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Catempire replied Aug 8, 2024as they say. nothing in politics happens by accident, if it happens, it was meant that way. No surprise happens obviously.
Gold
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Catempire replied Aug 8, 2024sounds great. hope it works out. are we talking… seconds, minutes, hours or months ??
Gold
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Catempire replied Aug 8, 2024Purely because I like predicting shit, looking back and giving myself a tap on the back
We are… Shaping up on the monthly with a large lower wick… that we will see the same on the upper, BUT it seems somewhat unlikely ...Gold
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Catempire replied Aug 8, 2024Looks good for the scenario to play out. consolidation 2418 - 2450 later next week new highs. There is a fair part of me which thinks we could overshoot the 2560 target on a news spike. At the top I’ll be opening options for 1 week, 2 months & 6 ...
Gold
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Catempire replied Aug 8, 2024Roger captain. Could see us consolidating in that range for the remainder of the week & then next week, breaking new highs. Aimo amigo.
Gold
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Catempire replied Aug 8, 2024a close above 2418 would indicate to me not making new monthly lows until we’ve made new highs.
Gold
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Catempire replied Aug 8, 2024When it goes up, think it’s going up & when it’s going down, think it’s going down. Cracked it lol.
Gold
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Catempire replied Aug 7, 2024“I’m a scalper” that’s where you’re going wrong. I can understand scalping the pairs but indices and commodities, patience, look for the bigger moves & if in doubt use OPTIONS
Gold
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Catempire replied Aug 7, 2024Circa 2560 I refer to 2540 as I don’t expect it to stay up there very long.. most likely we see a spike through but I’m not staring at it all day. Alerts at 2540 set.
Gold
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Catempire replied Aug 7, 2024When that 1540/60 area gets hit, it’ll be time to short & open puts for the medium term, imo. Next week seems a fair guesstimate.
Gold
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Catempire replied Aug 6, 2024I’m still expecting a bigger move to the upside. Entry 2374 SL -46 … I’ve found over the years, there is nothing worse than staring at it all day every day, make your decision, rightly or wrongly, stick to it & enjoy life because you eitherway you ...
Gold
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Catempire replied Aug 6, 2024Expecting a decent move to the upside in the next 2/3 trading sessions
Gold