Expect we will see a gap up this weekend, a Trumpy Tweet perhaps. I expect 4610 - 4640 before moving below 4300

Gold with No Drama

Shay its not a true representation. Point of reference for eg: beginning of Iran war IG weekend showed 200 points up, market opened c60 points up. You can't roll over the trades from weekend trading, its just ig allowing traders to trade on the ...

Gold with No Drama

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Gold with No Drama

Oil is being driven by the iran war. Gold will hit 3500, so much priced in. Dollar has so many complexities that there is no way you can claim dollar and oil flow in the same direction... 4 months of similar is not a long enough timeframe to make ...

Gold with No Drama

back test every indice, btc, commodity. Singles always get covered, it needs confirmation that the price shouldn’t be there. Working out when they get covered is the hard bit. Not saying it’s happening next week but it will reach c $3500

Gold with No Drama

3500 is coming ladies and gents. Singles always get covered.

Gold with No Drama

The only large area thats not been covered the whole way up. IMO it WILL test this area. Possibly 6 months, possibly sooner.

Gold with No Drama

3400/3600 please Zebi got orders there.

Gold with No Drama

same thing happened with Covid and other geopolitical events. lots of equities generally drop. It’s a good excuse for the depp pockets & market manipulators to take your money off you while people are sat scratching their heads. be some nice longs ...

Gold with No Drama

Thing is it's not 1944 and gold isn't really nessacery to be the safe haven it once was, it is a hedge against inflation and a good place to store large amounts of cash. Unlike in 1944 where banks closed & records had a paper trail that could be ...

Gold with No Drama

IMO. She is just going to keep dropping, consistantly, with a final spike down for the bottom. I really wouldn't be surprised to see 3600 after such a huge sustained rise. Might sound ridiculous given the current affairs but far better to look ffor ...

Gold with No Drama

If anyone remembers what has happened in most of the geopolitical events which should in theory cause gold to rise... it has always dropped quite considerably first... sweeping out positions before moving on to make far more substantial highs. I ...

Gold with No Drama

not here to quash your excitement - que sera can’t even close open trades on ig weekend market, it’s relatively void in regard to the real state of play. Will see a good week next week. Meanwhile the USA and Isreal keep killing the people

Gold with No Drama

yes. IG very often will fall back, I would imagine there will be a gap up on Monday but it won’t be opening $174 higher.

Gold with No Drama

Not one to tell others what to do but good spot for a tiny account builder to layer in some sells

Gold with No Drama

Locked & Loaded with orders set 2 weeks ago from 4214 4222 & 4228

Gold with No Drama

ig weekend trading. I wouldn’t pay much attention to it unless there’s some sizeable event that makes all markets kick off (war etc). probably open with a gap up but likely get filled pretty swiftly with no reason not to.

Gold with No Drama

pretty on the money. from 4100 > 4014 > 4222 I suspect we get a pop on Monday & attempt to cover more of the wick. How it reacts will be a telling sign to how the months going to play out imo. I’m still sided with a deeper heavier pullback, but ...

Gold with No Drama

Very likely knocked a bit of confidence. Looks like lower volumes on everything including Indices.

Gold with No Drama

Either. 30 $ swings due to broken system and lower liquidity. Also widened spreads on some platforms. Volume will be low for the remainder of the day, I've closed all mine - happy weekend.

Gold with No Drama