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Silver-King replied Aug 16, 2024Powell is scheduled to speak next Friday. Comments about September, jobs and inflation data are expected.
Gold
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Silver-King replied Aug 15, 2024Resistance on the Silver is finally hit today (28.5$). Now, we'll see... the next significant Resistance on the Silver is at 29.05$ if 28.5$ fails, which is 50% Fibo of the Short from 31.7$ to 26.4$ (28.5$ was 38.2% Fibo).
Gold
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Silver-King replied Aug 15, 2024#All Closed (as mentioned in the previous post)
Now, the plan is to relax for a while. Once I start adding Longs again, I'll post it here. Perhaps it could be today if the retracement comes out decent. Take care people! Outlook: BalancedGold
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Silver-King replied Aug 15, 2024Good job Bull. You've done more than enough! Proud of you!
#All Longs on both the Gold and the Silver are closed!Gold
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Silver-King replied Aug 15, 2024M15, M30 and H1 are all Bearish Flag Pattern. I think we're very close to the Sell, few M30 candles close.
Gold
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Silver-King replied Aug 15, 2024Longs still be milkin' as they say haha.
Resistance for the Silver is at 28.2$ and 28.5$. Both very important obviously.Gold
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Silver-King replied Aug 15, 2024Very interesting comment so far. I'll respond to it appropriately a little bit later! Right now, I have to stay focused on the price haha.

Gold
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Silver-King replied Aug 15, 2024Currently waiting for any M30 Candle that will close below 2450$. If it doesn't, then Longs are safe and if it does I expect another drop such as the one we saw yesterday and the Support is at around 2420$. Resistance according to the H4 Chart is ...
Gold
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Silver-King replied Aug 15, 2024On even the slightest clue that the Sell is starting I'll probably close all Long positions on both the Gold and the Silver.
Gold
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Silver-King replied Aug 15, 2024I am currently watching over M30 Chart on the Gold. Any M30 Candle closing below 2450$ would mean that another leg down is coming. 2420$ is the Support if that happens.
Gold
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Silver-King replied Aug 15, 2024One of the more crucial H4 candles in my opinion this one is. The close will give us a very good info if the Sell is coming or not.
Gold
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Silver-King replied Aug 15, 2024Well, the price has just hit the main Resistance on the H4 Chart and if any Sell will begin it should be around here. Otherwise, we're good to go for 28.5$. If the Silver starts heading down, then the Gold should probably follow.
Gold
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Silver-King replied Aug 15, 2024There I was... resting. When suddenly I see Scala posting he is adding some Shorts on the Gold and calling for the 2400$ on the Gold. I was happy and drinking my coffee thinking the Shorts are probably over for now and then you mention going Short. ...
Gold