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  • #21,521
  • Oct 18, 2023 5:00am Oct 18, 2023 5:00am
Quoting syedkashif
{quote} brother i dont see any logic of shorting in this situation. anyhow good luck
There are millions of ways to trade
Manage your risk and losses will not be so painful.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #21,522
  • Oct 18, 2023 5:03am Oct 18, 2023 5:03am
Quoting zomba4rex
{quote} Its also Diwali season in India Traditionally at this time there is a huge demand for Gold - both for the Festival, as well as it is wedding season {image}
Wedding season in Pakistan, India, Nepal and Sri Lanka. Gold is in high demand during the wedding season. This might cause gold hit above 1970.
Secret to the Price Action is Liquidity.
  • #21,523
  • Oct 18, 2023 5:09am Oct 18, 2023 5:09am
Quoting syedkashif
{quote} brother i dont see any logic of shorting in this situation. anyhow good luck
Even when RUssia went into Ukraine, the rise in gold had a lot more pull backs than it has now. This move over the last 1.5 weeks is more reminisent of the bank collapses in February of this year.

The fundamental situation with the US bonds and interest rates is unchanged.

After Lehman Brothers collapsed in September 2008, the was an immediate rally in gold, but the a month later it fell again to make a lower low than what it was before Lehman collapsed before it's 3 year journey to 1900, during which there were losts of daily and weekly pull backs and consolidations.

There are plenty of reasons to short gold at the moment. Even Brent Johnson, the Dollar Milkshake guy, said last week that he expects gold to go down again. If I recall correctly, he even said he'd bought some puts.
  • #21,524
  • Oct 18, 2023 5:10am Oct 18, 2023 5:10am
Quoting iusman23
{quote} Wedding season in Pakistan, India, Nepal and Sri Lanka. Gold is in high demand during the wedding season. This might cause gold hit above 1970.
Gold price is dictated by Futures contracts and delivery. Not people going to the local coin shop down the road.
  • #21,525
  • Oct 18, 2023 5:15am Oct 18, 2023 5:15am
Quoting zomba4rex
{quote} Its also Diwali season in India Traditionally at this time there is a huge demand for Gold - both for the Festival, as well as it is wedding season {image}
So what exactly are we outta to be looking at?
  • #21,526
  • Oct 18, 2023 5:20am Oct 18, 2023 5:20am
Any idea what gonna happen next I mean at what point do you think pullback is likely to occur?
  • #21,527
  • Oct 18, 2023 5:29am Oct 18, 2023 5:29am
1947 virtually tested, so limit 1940.04 watching if breaks next! Anyway Lolo it hold may try for 1953 still. Take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #21,528
  • Oct 18, 2023 5:38am Oct 18, 2023 5:38am
Quoting fontu
1947 virtually tested, so limit 1940.04 watching if breaks next! Anyway Lolo it hold may try for 1953 still. Take care {image}
Dear Fonto, I have same idea like you, 1953-1955 is the maximum S.L for short. I short 1947 & 1950 & 1953 with SL 1955. Target is 1800 @ least. Let see.
  • #21,529
  • Oct 18, 2023 5:41am Oct 18, 2023 5:41am
Quoting Mrbright
Any idea what gonna happen next I mean at what point do you think pullback is likely to occur?
Pullback on going now, take out 50-53 and drop to 38-40 my opinion only.

Quoting Mrbright
{quote} So what exactly are we outta to be looking at?
Shiny suits, expensive lehengas and wedding reels
  • #21,530
  • Oct 18, 2023 5:50am Oct 18, 2023 5:50am
Quoting Mrbright
Any idea what gonna happen next I mean at what point do you think pullback is likely to occur?
we hit 1947 before any pull back down.
Secret to the Price Action is Liquidity.
  • #21,531
  • Oct 18, 2023 5:58am Oct 18, 2023 5:58am
Quoting zomba4rex
{quote} Its also Diwali season in India Traditionally at this time there is a huge demand for Gold - both for the Festival, as well as it is wedding season {image}
Yeah ,ur right price may range around here upto that...
Its all about Timing!!!
  • #21,532
  • Oct 18, 2023 6:00am Oct 18, 2023 6:00am
Quoting maleki616
{quote} Dear Fonto, I have same idea like you, 1953-1955 is the maximum S.L for short. I short 1947 & 1950 & 1953 with SL 1955. Target is 1800 @ least. Let see.
Expecting Israel conflict to end soon..ur target achieved soon...
Its all about Timing!!!
  • #21,533
  • Oct 18, 2023 6:04am Oct 18, 2023 6:04am
Gold Target 1952
  • #21,534
  • Oct 18, 2023 6:08am Oct 18, 2023 6:08am
Quoting Murugesh29
{quote} Expecting Israel conflict to end soon..ur target achieved soon...
What I saw only based on the chart and my expert and Neo wave analysis as you can see in my pervious posts I mentioned trend reversal around 1808-1812 2 weeks ago. I hope so. By the way, my deeply desire is just peace all around the world for the sake of humanity.
  • #21,535
  • Oct 18, 2023 6:39am Oct 18, 2023 6:39am
short from 1947, target 1 1930, sl 1956
  • #21,536
  • Oct 18, 2023 6:40am Oct 18, 2023 6:40am
Quoting Murugesh29
{quote} Expecting Israel conflict to end soon..ur target achieved soon...
Can you share some levels on daily/weekly to look out for?
  • #21,537
  • Edited 7:03am Oct 18, 2023 6:52am | Edited 7:03am
Quoting zkarim
Trade that was taken @ 1913 Closed @ 1944 today.. Total 3100 Pips Profit. {image} Website: https://lunaticfinance.com You can contact me through this Email : [email protected] ("[email protected]")
Followed the signal of Lunatic Finance and took long position with lot 0.03 and profit is $93.

Amazing job as usual. Specially when you forecasted exact timing of volatility.
Here is signal attached
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5513.jpeg Size: 491 KB
Love for all; Hatred for none.
  • #21,538
  • Oct 18, 2023 6:53am Oct 18, 2023 6:53am
Quoting Mrbright
{quote} So what exactly are we outta to be looking at?
I just follow price

I never try to second-guess the market. I dont have that know-how......
It's hard. Can be painful. But I love this world, this Forex world.....
  • #21,539
  • Oct 18, 2023 6:58am Oct 18, 2023 6:58am
Quoting aahmad29
{quote} Followed the signal of Lunatic Finance and took long position with lot 0.03 and profit is $93. Amazing job as usual. Specially when you mentioned exact timing of volatility. Here is signal attached {image}
  • #21,540
  • Oct 18, 2023 7:06am Oct 18, 2023 7:06am
Quoting iusman23
{quote} we hit 1947 before any pull back down.
Respect that
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