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  • #27,221
  • Feb 28, 2024 3:57am Feb 28, 2024 3:57am
Quoting Techknow
{quote} I never made that accusation until you did. I dont like toxic people in forums. Ill ignore you now.
why are you angry....i m not inviting you to follow me...
  • #27,223
  • Feb 28, 2024 4:10am Feb 28, 2024 4:10am
GOLD live trade update
price try to take support from 2024 area
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  • #27,224
  • Feb 28, 2024 4:19am Feb 28, 2024 4:19am
Short closed and waiting if any bounce reaction arounds!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #27,225
  • Feb 28, 2024 5:30am Feb 28, 2024 5:30am
Gold live trade update..
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  • #27,226
  • Feb 28, 2024 6:07am Feb 28, 2024 6:07am
down trend correction wave completed.
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  • #27,227
  • Edited 7:38am Feb 28, 2024 6:13am | Edited 7:38am
Quoting javed562
down trend correction wave completed. {image}
The bull pressure looks strong and it easily went through 2027, doesn't look like it will continue down from here. Hopefully, I am wrong.


Note to self....never listen to anybody up here, do your own analysis as most people just guess.
To succeed, plant the seeds of patience and uproot the weeds of greed.
  • #27,228
  • Feb 28, 2024 6:25am Feb 28, 2024 6:25am
Quoting DocAtFx
{quote} The bull pressure looks strong and it easily went through 2027, doesn't look like it will continue down from here. Hopefully I am wrong.
2028 would be more important than 2027 in the case you are looking for bearish action.
TechKnow
  • #27,229
  • Feb 28, 2024 6:29am Feb 28, 2024 6:29am
2031-2034 for sell
  • #27,230
  • Feb 28, 2024 6:30am Feb 28, 2024 6:30am
Quoting NextElliott
{quote} Waiting for 2022.. or may be 2013..{image}
Expecting 2022 or 2013 by 29th February 2024 around 05:00 GMT... Gold will touch 2022 or 2013 by this time and will start its upward journey after that to achieve 2057 & 2090... By the way Gold may touch 2034 or 2035 before dropping towards 2022 or 2013...
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I'm not always right.. I'm not always wrong neither
  • #27,231
  • Feb 28, 2024 6:41am Feb 28, 2024 6:41am
Quoting John4y
My Daily Pivots & Range . . in run-up to GDP numbers later today ! {image}
Be careful and pay attention to the up coming GDP numbers.
Gold might fire up to resistance breakout
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  • #27,232
  • Feb 28, 2024 6:46am Feb 28, 2024 6:46am
I love the Daily Pivots and Range indi. Thank you so much.
  • #27,233
  • Feb 28, 2024 6:47am Feb 28, 2024 6:47am
If the price can break through the 2033 range, the target could be 2065
  • #27,234
  • Feb 28, 2024 6:53am Feb 28, 2024 6:53am
Quoting NextElliott
{quote} Expecting 2022 or 2013 by 29th February 2024 around 05:00 GMT... Gold will touch 2022 or 2013 by this time and will start its upward journey after that to achieve 2057 & 2090... By the way Gold may touch 2034 or 2035 before dropping towards 2022 or 2013... {image}
Everytime gold moves >40$ in a day or so (upon a news) shows a sideway movement for couple of days which technically gives comparatively easy money. I've experienced that the zone 2022 - 2035 has been played for a good amount of time and scalping here could've given good profit opportunities (even if we are partially wrong in analysis, the desired level would come up). Ofcours ethe levels are based upon major resistance and breakout levels - but yeah this is what I follow and this keeps me going just fine.

Do your own research folks before applying any strategy. Keep trading !!

@NextElliott - btw m impressed with your analysis. Hope to actually see u become a true ELLIOTT.
Good or bad, this too shall pass...!!
  • #27,235
  • Feb 28, 2024 6:56am Feb 28, 2024 6:56am
Quoting Raadco
If the price can break through the 2033 range, the target could be 2065
movement of >30$ - m surprised if it gets that level immediately. 2039 and 2045 are major resistance level - unless some news would trigger the movement.
Good or bad, this too shall pass...!!
  • #27,236
  • Feb 28, 2024 7:40am Feb 28, 2024 7:40am
Quoting javed562
down trend correction wave completed. {image}
Is your analysis still intact?
  • #27,237
  • Feb 28, 2024 7:41am Feb 28, 2024 7:41am
Quoting funzodundee
gdpnow: Gdpnow forecasting model provides a "nowcast" of the official estimate prior to its release by estimating gdp growth using a methodology similar to the one used by the u.s. Bureau of economic analysis. Latest estimate: 3.2 percent -- february 27, 2024. Today's official estamate to be relesesd in over 4 hours time is 3.3 percent. Not a massive difference but 3.2 v 3.3 (if correct) should lead to usd weakness. I am taking this opportunity to go long gold. Buy: 2026 t/p : 2064
came in exactly as gdpnow model predicted.
It's a big game.
  • #27,238
  • Feb 28, 2024 7:43am Feb 28, 2024 7:43am
Quoting Techknow
{quote} I take it back, Im long light position for 2080 area. Will add on any move lower. Like to clarify something for anyone reading and following people in the forum. I trade very conservative .01 position for 5k usd on gold. Ill average 3-5 times. If you are not doing your own analysis its really hard to follow other peoples trades, everyone trades different. Everyone sees its differently. It is easy for 2 people to get different results with the same trade. Try to not directly follow anyone and do your own analysis, and if you do just blindy...
Profit locked in, if i get the chance to add to my longs as I will the way up, for now risk free.
TechKnow
  • #27,239
  • Feb 28, 2024 7:49am Feb 28, 2024 7:49am
AUD CPI figures - bad for AUD
USD GDP figures - bad for USD
USD Trade balance - moved further down - bad for USD

From above, its clear that Gold going up is inevitable...!!

Keep trading...
Good or bad, this too shall pass...!!
  • #27,240
  • Feb 28, 2024 7:51am Feb 28, 2024 7:51am
2043 -2065-2080 will add on anything lower as low as she wants. Daily looks like it ran a flat over the last couple of days (bullish), the reason i got long again was after realizing the indecision on the daily candles I also recognized a pattern ive seen many times. Im still holding the same targets been calling for awhile now.
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TechKnow
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