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- giveachance replied Apr 12, 2024
US warship is already deployed on Israel border. Iran will be finished if anything happens to US military even if a war happens tonight how much more of a reaction can we get... it will lead to recession
Gold
- giveachance replied Apr 12, 2024
the Chinese have put some restrictions starting today on gold buying and the margin related to it. this latest spike is on the war news. even yesterday last 3-4 hrs is on the war news
Gold
- giveachance replied Apr 12, 2024
so gold rallies 200 dollars since last Friday on a potential war news which has not even started. that is as mad as it gets
Gold
- giveachance replied Apr 12, 2024
lets hope the gooners win although klopp deserves it in his farewell season
Gold
- giveachance replied Apr 12, 2024
silver possibly can triple top at 30 or reverse from 29.24 and below
Gold
- giveachance replied Apr 12, 2024
I told you this last week only that euro is sell on rallies. I sold 1.0755 and sitting tight. I dont think eu sees 1.08 till dollar depreciates and right now the policy diversions between Europe and US would not allow a higher eu
The Swamp
- giveachance replied Apr 12, 2024
boss this is 4 days old news. I posted this on Monday as soon as it came on Bloomberg. today's spike for gold was yuan depreciation and china has raised the margin requirement from 7% to 8%
Gold
- giveachance replied Apr 12, 2024
since yesterday ur posts have also been unclear. are u sure arsenal are going to win the premier league?
Gold
- giveachance replied Apr 12, 2024
after morning ranges gold has basically done nothing for the day. is it showing signs of exhaustion..
Gold
- giveachance replied Apr 11, 2024
why 2415 it can go to infinity now. lol most of the bears not being sure is actually a bearish sign. china will pay heavily for the manipulation it has done in gold markets. their property markets is a disaster and soon gaps will start opening on it
Gold
- giveachance replied Apr 10, 2024
inverse correlation between gold and silver. this will be an interesting close. silver made all time highs and gold still struggling here around 2350
Gold
- giveachance replied Apr 10, 2024
there is no place for think. markets dont care what you and me think. important is todays close. they are well capable of selling it below 2320 or taking it to 2380. we have to watch FOMC minutes still
Gold
- giveachance replied Apr 10, 2024
nice trap set by the bulls. so supports are bought and resistances are bought. dollar is also bought and has barely changed. so either gold is correct or dollar correct
Gold
- giveachance replied Apr 10, 2024
correct so better not speak if you are not an expert on gold. u are comparing a major with a commodity currency. Gold is up from 1600 to 2350 in a span of less than 2 years. it is clearly a balloon which is waiting to burst
Gold
- giveachance replied Apr 10, 2024
2 yr treasury is at 4.93% keep an eye on it. any move above 5% and close to 5.1% will trigger sell off. for now I think gold should be range bound
Gold
- giveachance replied Apr 10, 2024
no.. not happening. market is not discounting a possibility of a rare rate hike. maybe we will see 2360 again but I suspect that will be sold as well
Gold
- giveachance replied Apr 10, 2024
gold basically doing a reset as if nothing happened. June rate cut is out of question regardless
Gold
- giveachance replied Apr 10, 2024
hit my sell stop at 2330. anything below 2300 will be bearish for the day. lets see where we close the day
Gold
- giveachance replied Apr 10, 2024
today nobody cares what happens to Israel, Hamas or Palestine. even if a war erupts it would make 0 difference to gold. today is all about US CPI and factoring a rate hike for June or not
Gold