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  • #22,841
  • Edited 9:59am Nov 15, 2023 9:19am | Edited 9:59am
dx trying best to cover tanking a little at least after it confirmed tanking already ! may do a little more but not enough to total fakeout yesterdays move , . so retest confirmation next to carry out more bear dx , but today's news have increased the risk or turmoils already!
dx top failing so gold may back to 1966.94 above
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,842
  • Nov 15, 2023 9:20am Nov 15, 2023 9:20am
Quoting d1zzy
{quote} Knee jerk at its finest, price wanted to go up anyway so it did
Gold price is going down, look at it in any other currency. That up move was only to do with USD. USD won't stay weak for long and when it recovers gold will crash.
  • #22,843
  • Nov 15, 2023 10:07am Nov 15, 2023 10:07am
Quoting Fenty
{quote} Gold price is going down, look at it in any other currency. That up move was only to do with USD. USD won't stay weak for long and when it recovers gold will crash.
market give a good chance to correct up but looks dx no so healthy yet !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,844
  • Nov 15, 2023 10:08am Nov 15, 2023 10:08am
Quoting d1zzy
Bullish up until 87 minimum IMO
I am with you on this one. People will still buy into gold for a while, due to latest data and DXY weakness. Maybe a surprise hike in December is what will tank Gold.
"Who Dares Wins"
  • #22,845
  • Nov 15, 2023 10:36am Nov 15, 2023 10:36am
go to 1946 (My personal Idea)
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #22,846
  • Nov 15, 2023 10:46am Nov 15, 2023 10:46am
Quoting Fenty
{quote} Gold price is going down, look at it in any other currency. That up move was only to do with USD. USD won't stay weak for long and when it recovers gold will crash.
By then gold would have hit my level 87 minimum before crashing like you say!

I agree USD won’t stay weak maybe we will have an interest rate hike soon or safe haven appeal will steady the ship by then though the damage would already be done.

Expecting a H&S on the daily, still taking my bias by the day anything can happen so open minded. Will consider tomorrows bias with todays closing. Looks like we could be in for a drop tomorrow the way things currently stand at the time of writing.

Quoting Ravenfeeder
{quote} I am with you on this one. People will still buy into gold for a while, due to latest data and DXY weakness. Maybe a surprise hike in December is what will tank Gold.
Yep I agree, personally though I’m taking it by the day. Keep readjusting my bias with each daily closing even though I’m pretty confident of hitting 1897 before we tank.
  • #22,847
  • Nov 15, 2023 10:50am Nov 15, 2023 10:50am
Quoting mhmdghaeni
go to 1946 (My personal Idea)
46/47 better pullback/retracement can happen...
Still waiting for 2000 nd above..
Price is above mpp..

Trade safe
Its all about Timing!!!
  • #22,848
  • Nov 15, 2023 10:50am Nov 15, 2023 10:50am
Quoting TanzeelAhsan
Hello, I am a newbie out here and trying to understand what you guys are posting. Can anyone tell me the impact of todays news of PPI and Retail sales?
Will write you a reply when I find the time my g, until then best you avoid trading during news hours

Quoting Mohamad-java
{quote} {image}
Clean entry or like people these days say, sniper entry lol.
  • #22,849
  • Nov 15, 2023 2:41pm Nov 15, 2023 2:41pm
Any one active? Interesting times

I have quite a few sells which I'm not sure about closing? is there more in this run?
  • #22,850
  • Nov 15, 2023 2:53pm Nov 15, 2023 2:53pm
Quoting andrewbarker
Any one active? Interesting times I have quite a few sells which I'm not sure about closing? is there more in this run?
felt like it was just going to range till news tomorrow so closed but entered gu sell
  • #22,851
  • Nov 15, 2023 3:22pm Nov 15, 2023 3:22pm
I closed my sell. Probably will range till tomorrow.
  • #22,852
  • Nov 15, 2023 3:27pm Nov 15, 2023 3:27pm
Updated chart with trend lines. One long position from 1946 is holding with SL at BE. If profile developed below my new trend line then i will add short position.
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Love for all; Hatred for none.
  • #22,853
  • Nov 15, 2023 7:36pm Nov 15, 2023 7:36pm
pvotline:1963
h4 closed below 1963, a more defined downtrend.
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vankiepsauff@gmail
  • #22,854
  • Nov 15, 2023 8:28pm Nov 15, 2023 8:28pm
I think that 1947 is a main support of gold...Is it?Can anyone predict that what will be the high of gold in the end of this year?
Be Calm In Every Situation
  • #22,855
  • Nov 16, 2023 12:24am Nov 16, 2023 12:24am
checking pa now
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,856
  • Nov 16, 2023 1:19am Nov 16, 2023 1:19am
Guys, does anyone know if the Unemployment Rates for today are up or less than the last one?
  • #22,857
  • Nov 16, 2023 1:53am Nov 16, 2023 1:53am
currently underwater
  • #22,858
  • Nov 16, 2023 2:23am Nov 16, 2023 2:23am
Thoughts on overall range atm? 1920-2005 would seem inclusive enough, but there may be reasons for pushing either 'boundary' up or down.
I have mess to clear up so 1965 seems midway to me. Buy trade and maybe a Sell because one of them has got to be right!?

I'm more positive, had a reasonable run over night so .... who knows?
  • #22,859
  • Nov 16, 2023 2:44am Nov 16, 2023 2:44am
Quoting andrewbarker
Thoughts on overall range atm? 1920-2005 would seem inclusive enough, but there may be reasons for pushing either 'boundary' up or down. I have mess to clear up so 1965 seems midway to me. Buy trade and maybe a Sell because one of them has got to be right!? I'm more positive, had a reasonable run over night so .... who knows?
Could be ranging broadly, but so far it looks first to test 1975, maybe 1982 thereafter if it doesn't drop. Unemployment claims always make crap.
"Who Dares Wins"
  • #22,860
  • Nov 16, 2023 3:07am Nov 16, 2023 3:07am
Quoting Ravenfeeder
{quote} Could be ranging broadly, but so far it looks first to test 1975, maybe 1982 thereafter if it doesn't drop. Unemployment claims always make crap.

Thanks bro. Always find it helpful to read comments from various sources. I think we all know it's a bit of suck it and see at times, so opinions, especially from more experienced traders are welcome. I'm only six months in, so complete novice really!
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