I agree no shorts.. no longs because the tech rally is winding down or atleast starting

Gold

silver is basically flat for the past 8 hrs. gold is doing back and forth in 5 dollars range. not sure what will move this in the coming week. it has to be dollar weakness which is not coming.

Gold

swissy 0.8944 will make or break eu in the short term. so far both are moving up which is kind of odd

The Swamp

digging deep into this rally this rally from 1600 is coinciding with nvidia breaching 600 ex post stock split price. gold is used in AI chips. any massive fall in nvidia would lead to sell off in gold. I think this whole AI move in tech stocks is so ...

Gold

looks like every tom dick and harry have bought gold in last week. 2298 is the level I would watch out for

Gold

1.0657 if time permits. I dont think it can travel that much in next 20 mins till london fix.1.0720 for a good close to the week

The Swamp

2319 it is but more or less 1 dollar. any close below that pivot is very bearish given gold travelled to 2366 yesterday

Gold

this is exactly what I said. now 2319 is the target for today or monday china open

Gold

looks like we are going to grind here +- 5 dollars until we get clarity from manufacturing PMI. markets still trap in 20 dollar range. 2345-2365. either has to break one way or the other. upside is 2373 downside is 2318

Gold

if all goes well gold can still close 2345 for today which would be a bearish close

Gold

gold is still climbing a mountain and it is doing against the dollar kind of moves. dollar is still strong and almost everything has sold off against the dollar.

Gold

yes but gold has travelled a lot vertically. it has to turn at some point. it then again comes down to demand whether buyers really want to add more gold here when we probably wont have rate cuts. i thought gold will never breach fomc high of 2345 ...

Gold

if we dont turn here 2373 is the next level for bulls. I would risk a small sell here but my stop will be 2373. gold and silver are both strong today along with the dollar

Gold

no this move was unexpected. 20 dollars move on ok unemployment claims but shorts are trapped. I think gold can rally to 2362 and that should be it for today. if it fails here it will be interesting to see where it ends the day

Gold

you say the market is manipulated and then you say the algos make the markets bad. isn't that the whole purpose of algos

Gold

k are u the teacher here. can you pls teach me as well. I have 13 yrs experience doing forex trading

Gold

ideally uj and uchf should move in a similar pattern but today I am seeing some divergence since boj. looks like some attempt is made to keep it up but further decline in uj below 155 cannot stop it from falling

The Swamp

i still dont trust this gold rally although I will wait for gold to fall below 2310 before adding shorts. there is huge divergence between gold and silver prices today which is a bit doubtful

Gold

any break of 2314 will trigger sharp sell off

Gold