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SnakeDok replied Oct 31, 2024Easily to be honest, especially if Election goes crazy ( for example Trump loosing and then contesting results as before ), that would bring uncertainty and a sharp rise for Gold. And even without that there is too much in favor of gold rallying, ...
Gold
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SnakeDok replied Oct 30, 2024We were waiting for NYSE open, could be grabbing orders down there to shoot up, quite usual for gold big moves
Gold
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SnakeDok replied Oct 25, 2024funny thing is now after taking all this liquidity it "could" also come back make a new low

Gold
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SnakeDok replied Oct 25, 2024Rule of thumb on gold if you see a daily candle with no top wick especially after a bullish closure the day before the chances that this candle ends the day without making a top wick is less than 5%
Gold
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SnakeDok replied Oct 25, 2024Next 15m crucial, this 15m candle could be the one to flip the 4H wich in turn has a high chance to come up flip the daily, let's see
Gold
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SnakeDok replied Oct 25, 2024IF the daily (that has no top wick btw) flips, it'll be a loooooot of sellers trapped

Gold
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SnakeDok replied Oct 17, 2024Be patient, ECB speech incoming usually high volatility during the speech + NYSE open will bring the volume better not get caught in the middle of the range
Gold
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SnakeDok replied Oct 15, 2024I mean middle east is not calming down, Koreans are fcking around at the border between north and south, China threatening Taiwan with war games i mean, if thats not unstable i don't know what is

Gold
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SnakeDok replied Oct 15, 2024Actually on the H1 we broke the bearish trend and came back to retest it, good chance this wants to go up imo, let's see with NYSE

Gold
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SnakeDok replied Oct 15, 2024Looks like we're closing back in the upper range, could signal the start of the move higher, weekly flips back bullish at 2648, aligns with the bullish monthly

Gold
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SnakeDok replied Oct 14, 2024I can see it happening tbh, especially with the geopolitical background, the way price is boucing that late in the session is sus

Gold
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SnakeDok replied Oct 10, 2024Take out the lows + take out the highs and then wait for NYSE fo direction = Gold 101

Gold
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SnakeDok replied Oct 8, 2024Also keep in mind we're still waiting for a possible ( probable ) retaliation strike on Iran so beware not to get caught in shorts relatively low in case it shoots back up

Gold
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SnakeDok replied Oct 8, 20242616 possible bounce, H4 support + 50% fib retracement, let's see. But on the daily chart this looks like it could go to 2585 area

Gold
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SnakeDok replied Oct 4, 2024Indeed, usually the rule is until price breaks out of the range just play the range it's actually super safe with Gold If you zoom out you'll see that we have create the low and top of the range on Monday/Tuesday and stayed within that range all ...
Gold
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SnakeDok replied Oct 4, 2024I think we're basically in a range but the range is getting bigger and bigger, if you look on H1 you have a big " Megaphone " pattern
This 4H looks to flip and if it does there is no telling how low it goes imoGold