Thank you. That's pretty much what I thought, judging ahead doesn't fit my trading philosophy and I had unrealistic illusions about it.

Gold

Hi Traders，is there any way to tell in advance that gold will break down?

Gold

Hi guys, how's your trading? Will gold break down today? I don't know, just have to wait. However, gold is currently in a support area and going long would be a good option. I will go long when the M5 has a "W" bottom structure. image

Gold

A recession is hard enough to avoid, let's just hope it's a little less lethal.

Cable Update (GBPUSD)

Very likely, inflation remains high and sticky.

Cable Update (GBPUSD)

I hope it makes it to 1955. At least technically shorting is advantageous, but one needs to beware of U.S. economic data as well as speeches by Fed officials, who are always against me.

Gold

Hi guys, how do you trade gold today? I still think gold will continue to fall. The price is under resistance from the trend line above and is being recognized by the market. image

Gold

I don't think he has strong logic to support that the price of gold will eventually get to $2,100 per ounce. Honestly, the Fed is coming to the end of its rate hike cycle and will probably start a rate cut cycle in the next 1-2 years, which will ...

Gold

Exactly right. How should I go about researching it? Are there any books recommendations? Boss

Cable Update (GBPUSD)

Doesn't the Treasury money only last until the end of the month? Where does the money come from.

Cable Update (GBPUSD)

Yes, 1.2444 is the point I want. It's just that I'm often influenced by K-line patterns. H1's K-line pattern is very unfriendly to the short side.

Cable Update (GBPUSD)

Hi, guys, what should I do when I encounter this kind of market? The price fell below the previous low and the trend is still down. But H1 is about to collect a rising K-line pattern. Long or short? image

Cable Update (GBPUSD)

I still think gold will continue to fall. image

Gold

My opinion, 1954 is indeed a small support level, it is recognized by the market (at least for now), I'm waiting for 1968 and if a stop signal appears, I'll go short.

Gold

A debt default in the U.S. is a small probability event, as almost everyone would think. So, this event probably won't hit gold very hard. I think the key factor affecting gold is still the Fed's monetary policy, and the probability is that the Fed ...

Gold

Hi guys, how does it work today GU? My opinion: long H1, the price has formed bearish conditions, the highs and lows are rising, which fits my definition of a rise. image

Cable Update (GBPUSD)

I'm more inclined to be long on gold today. image

Gold

Yes, gold went up as well. But it hasn't broken the words I expected yet, and I'm still waiting.

Gold

Good afternoon. What will gold do today? I still think gold will continue to fall. No target level, follow the trend for now. But Fed Chairman Powell's comments could change all that. image

Gold

Yes, I think a 1968 sell is appropriate. The large long position that price accumulated in 1970-1975 will most likely be accompanied by acceleration if it effectively breaks down.

Gold