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Gold

Hope is not a good strategy, Just a matter of time till it fails, wont work longterm

Gold

here same chart monthly DXY. This is key for the higher timeframe gold trend. If 3/6x month candle flipps bearish. That would mean Gold has a lot of room to go up to adjust higher to a weaker usd

Gold

This is the 3x month DXY chart. Current candle seems like it might flipp bearish. Meaning weaker USD and continuation of the strong bearish previous candles. So a weaker USD means higher gold Prices. Just something to watch out for. Im only ...

Gold

No need to apologize, its your money. So what are you gonna do with those sells? Add more, hold them open? In this market sitaution i wouldent look for Sell reversals like that, rather follow strong bearish momentum for sells, even if that seems ...

Gold

Weaker USD. If USD loses value, more USD is needed to buy the same ammount of gold (Higher prices) You can see it either by DXY or USD/XXX and XXX/USD currency pairs. Or Gold priced in other currencys like CHF or JPY But as Polimini sayed, its might ...

Gold

Thats not a Rejection, some would call it a bear trap. I agree sells make sense, but from higher prices and then aiming back towords that current bear/Sell trap. I personally wait for after the news

Gold

This is EUR/USD 6x month chart, a new 3 and 6 month candle just opened. To me this looks more like continuation. more likely to go bullish, so my bias would be bullish DXY bearish continuation and GBP/USD might be the best bullish scenario. Thats ...

EURUSD only

I guess we disagree then. Just make money! How much money can somone make till he fails and does it matter after reaching 100% and taking the deposit out? In my Personal account i did 201.8% in the last two weeks. How long will it take you to make ...

Prop Firm Hub

I would agree, DXY semms bearish. New 6x month candle looks like continuation to me. A weaker USD will mean more USD is needed to buy the same amount of Gold (Higher gold prices)

EURUSD & GOLD

If you trade that way, its about Upside maximization, not downside protection. You take your deposit out after making a 100% gain and only leave profits in the account to make it risk free. There is no inbetween, no Golden middle of risk to reward, ...

Prop Firm Hub

I think its more simple then that. To truely fight Inflation the FED would have to raise rates much higher or keep them high for a longer time. The last time the Fed has sucessfully fought inflation was in the late 1970s early 1980s with Feds fund ...

Gold

I see a reversal in DXY weekly from the technical side. Just seeing some more downside. So shortterm still bullish Gold No point in guessing reversal, rather following USD streght once it happens. Once there are reasons for it.

Gold

DXY monthly looks pretty bearish to me, Im looking for Continuation in the next Monthly candle. I dont see the Bullish DXY just yet. Gold is down after Ceasefire. There is a certin fear premium in Gold. When conflicts end, it tends to fall. Now we ...

Gold

The same for the DXY 3x month chart. New 3 month candle might start bullish, then leave a upside wick and continiu the bearish trend again. So shortterm stronger USD, but then continuation of bearish momentum. That would match with the EUR/USD ...

EURUSD only

In 5x days the 6x Month candle closes a a new one Opens. I use them for my higher timeframe bias. Purely based on the technical side i belive the new 6x month candle might start bearish for 1-2x months, open above that green trend line, cross below ...

EURUSD only

Simular for EUR/USD. I think from here the monthly can come back towards monthly open Price or flip Bullish. So weaker USD and bullish for Gold. Thats just a higher timeframe bias for the USD

Cable Update (GBPUSD)

For today i would guess the daily will close and flip bearish. But within this month i think its liekly that the monthly will turn bullish.

Cable Update (GBPUSD)

My higher timeframe bias is Bulish. Monthly might Flip and break above the key area. There might be support on the weekly. im more focused on Gold. I look at higher tiemframes in USD currency pairs to build a higher timeframe bias for the USD. In ...

Cable Update (GBPUSD)

Im shortterm bullish too, i would just say it might be to early. I would be looking for a break below that white trend line and a fakeout back up. I wouldent exppect todays daily candle to come near daily open again and fill the gap, more likely ...

Gold