2332-2323-2293 on the downside 2336-2344-2360 on the upside. levels are clear

Gold

it is clearly struggling now and a test of 1.0844 is on the cards if it breaks that 1.08 followed by 1.077x is possible

The Swamp

dont worry about me. I have seen gold do rallies like this multiple times and it falls with the same pace. my positions are manageable and I never said gold will fall 100 or 200 dollars like you are saying. I knew once gold crosses 2150 it is ...

Gold

the demand for US paper is waning from foreign players. 10yr yields have suddenly spiked. its end of may almost and we have not seen much selling so far which is a bit odd for months like May

Gold

you are asking people to join your telegram channel. so u should be a commercial member and not allowed to post here. its not abt arguments. if u are telling me for every man murdered in this world gold will go up. that is not happening. right now ...

Gold

exactly similar to mine.

The Swamp

1.0894 seems to be a road block though. 1.0845 is pivot. I wouldn't short here. below the pivot and also wait for crosses to turn

The Swamp

i think what you meant is nowdays ranges are very compact in london session. actually the whole demand nowadays is coming from two players: russia and china. so left hand rule says if China does not prop up gold in asian session most likely gold is ...

Gold

no Israel nothing to do with this. it is mostly low liquidity flush of shorts and also its only up 23 dollars which is not a big deal. silver meanwhile has done 1 dollar move

Gold

2370 is where it may run into. 2352 and below is good enough rejection for starting shorts

Gold

I said in the morning take today's action with a pinch of salt. all the big boys are missing today. we will have a proper market tomorrow and tomorrow onwards till friday they will also start hedging their books since it is month end closing. so ...

Gold

in all probabilities 1.0765 may be opened up if we start trending below 1.082x

The Swamp

that is a sudden fall. for now 1.0844 is holding but I dont have much hopes

The Swamp

yes it is choppy in this area. if 1.0844 is gone direction is clear we will head to the downside. so for the longs my stop is 1.0844

The Swamp

looks like we will have a clear run till 1.0877.

The Swamp

how many holidays do ppl in UK follow why is today's holiday given ?

Cable Update (GBPUSD)

what I meant is you are lucky to have an upside opening in this low volume market. had US traded today you wouldn't have got this spike in 6 hrs of opening. In any case it is a normal market. gives more chance to sellers to sell rather than buyers ...

Gold

that is a support and closing at support is never good for sunday opening

Gold

yes possible. confirmation will come if we break 2300 and 2265

Gold

uj still has legs till 157.56. so be careful with euro longs

The Swamp