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  • #28,981
  • Mar 20, 2024 4:41pm Mar 20, 2024 4:41pm
Quoting spagfx
{quote} what’s normal levels to you?
1990-2100
  • #28,982
  • Mar 20, 2024 4:47pm Mar 20, 2024 4:47pm
Quoting spagfx
{quote} He said 2114 comes first… but before what? It’s pointless analysis/waffle.
I was also expecting it to reach lower levels. shorted @ 2172 and closed @ 2152 when I realized the pre FOMC support. Post FOMC, I am back hunting for new shorts. It's a natural thing to adapt and change mind as price evolves. Price saw 2145 after his post.
ma ma make me happy
  • #28,983
  • Mar 20, 2024 4:51pm Mar 20, 2024 4:51pm
Quoting John4y
{quote} We have NO interest in seeing your balance on equity ! It is very easy showing such demos and try to entice others to your own interest. You better publish such stuff on the commercial thread Don't try to mislead people. If you really want to be helpful to some, than put your entry positions in advance and not after occurrence....
See old msges nd speak.. nothing to show off here!
It's all about timing!!!
  • #28,984
  • Mar 20, 2024 4:52pm Mar 20, 2024 4:52pm
Quoting luckytujuh
{quote} It is okay to miss. That move might just be the liquidity grab. Or might not be, we cannot assume whats going to happen. It may still tap 2195 or just drop. But if it were to drop. Be it fomc or not, it might be a corrective move to 2080. Anything can happen. Because banks might play with retails and dump their buys and switch to sell everything, fearing that powell might increase rates. This might happen
Quoting luckytujuh
{quote} Becareful of liquidity grab. There is ranges in 2183 and 2195. Best to avoid fomc
Wait for price to tap ATH before deciding a next move.
Trading is very lonely
  • #28,985
  • Mar 20, 2024 4:53pm Mar 20, 2024 4:53pm
After important news, the market occasionally reacts to irritating words.
After some time of thinking, the real test comes. Irritation of market.
? Inflation on the way back?
? Why 3x interest rate cuts? 2 arent enaught? or 1 or 0?
? Economic growth expected to continue? Is that true?
? Supply of jobs falling? surprisingly strong so far
? Lowering the Fed's Balance Sheet (Debt Settlement) - here you go: 50 Mrd pMonth, true ?

Who knows, but market will think about.
  • #28,986
  • Mar 20, 2024 4:55pm Mar 20, 2024 4:55pm
Quoting luckytujuh
{quote} {quote} Wait for price to tap ATH before deciding a next move.
We r flying up! Catch up the wave C
2222+

Trade Safe
It's all about timing!!!
  • #28,987
  • Mar 20, 2024 5:20pm Mar 20, 2024 5:20pm
Quoting H.z
{quote} 1990-2100
Rule number 1 of trading

There is no such thing as "normal levels"

The market will do what it wants, and the "normal level" is price at the exact time it is at.

Just because you think it should be in that range does not mean the rest of the market does.

Infact, price action right now pumping $40 to 2220 should show you exactly that.

You are clearly new here, please refrain from posting so much and just listen and take notes, it will be best for you and everyone else.
  • #28,988
  • Mar 20, 2024 5:21pm Mar 20, 2024 5:21pm
Quoting hanzohas
{quote} I was also expecting it to reach lower levels. shorted @ 2172 and closed @ 2152 when I realized the pre FOMC support. Post FOMC, I am back hunting for new shorts. It's a natural thing to adapt and change mind as price evolves. Price saw 2145 after his post.
Why are you shorting an aggressively bullish market? FOMC was extremely dovish and that has completely shifted sentiment for where gold should go over the next few weeks. Incase you don't understand what that means, it means UP.
  • #28,989
  • Mar 20, 2024 5:23pm Mar 20, 2024 5:23pm
ATH. Wow
Trading is very lonely
  • #28,990
  • Mar 20, 2024 5:23pm Mar 20, 2024 5:23pm
Quoting babayaga
to everyone who expects 2200 (?!) possible Wolfe Wave Pattern on H4 {image} 1°point at 2153.89
Attached Image (click to enlarge)
Click to Enlarge Name: goldmicro-h4-xm-global-limited 21 03 4 a.png Size: 24 KB


u got it
dolce vita
  • #28,991
  • Mar 20, 2024 5:26pm Mar 20, 2024 5:26pm
Quoting Techknow
{quote} I think we will break this high here and be off to the races, let it wiggle around some and it should make it through in time. Resistance is expected at ATH so be patient.
Its not done.
TechKnow
  • #28,992
  • Mar 20, 2024 5:30pm Mar 20, 2024 5:30pm
Quoting Techknow
{quote} Its not done.
ma ma make me happy
  • #28,993
  • Mar 20, 2024 5:31pm Mar 20, 2024 5:31pm
Buy any dips if and when they come!
  • #28,994
  • Mar 20, 2024 5:33pm Mar 20, 2024 5:33pm
Quoting Techknow
{quote} Its not done.
Maybe not, but after all those shorts getting stopped out/accounts getting margin called I expect gold to move lower, similar behaviour to what we saw on Dec 4 (I think it was the 4th where it broke 2080 and went to 2140 within minutes)
  • #28,995
  • Mar 20, 2024 5:35pm Mar 20, 2024 5:35pm
When the price is in known territory, it will move slower and more chill because it has support and resistance all over the place to keep it in check. When things break all-time highs, there are no supports or resistances, so all of the moves are very erratic, and candles can be shenanigans. Be aware as we travel into new territory, we will move in similar candles to something like Bitcoin
would. Obviously not talking about the same size moves, but as far as being erratic, that's what you can expect from any instrument in new territory.
TechKnow
  • #28,996
  • Mar 20, 2024 5:37pm Mar 20, 2024 5:37pm
Quoting Xauusdscalpr
{quote} Maybe not, but after all those shorts getting stopped out/accounts getting margin called I expect gold to move lower, similar behaviour to what we saw on Dec 4 (I think it was the 4th where it broke 2080 and went to 2140 within minutes)
I thought about that day as well but it sold off hard after that happened and I don’t expect anything like that this time. Retracement’s are healthy for this market but I don’t expect them to be big.
  • #28,997
  • Mar 20, 2024 5:37pm Mar 20, 2024 5:37pm
Quoting Techknow
{quote} Its not done.
so that was absolutely insane, from 2193 to 2222 in literally 2 seconds, by the time I jumped on it was already at 2209, jumped off at 2220 within 2 seconds. I’ve never seen a jump up that fast.
  • #28,998
  • Mar 20, 2024 5:42pm Mar 20, 2024 5:42pm
Quoting Markyboi
{quote} so that was absolutely insane, from 2193 to 2222 in literally 2 seconds, by the time I jumped on it was already at 2209, jumped off at 2220 within 2 seconds. I’ve never seen a jump up that fast.
I lost 6 figures in less than 10 seconds before on gold about 13 years ago. It happens. Youll see bigger and better ones in your future, friend
TechKnow
  • #28,999
  • Mar 20, 2024 5:45pm Mar 20, 2024 5:45pm
Quoting Markyboi
{quote} so that was absolutely insane, from 2193 to 2222 in literally 2 seconds, by the time I jumped on it was already at 2209, jumped off at 2220 within 2 seconds. I’ve never seen a jump up that fast.
Dec 4th was a lot crazier. $77 within a single 5 minute candle
  • #29,000
  • Mar 20, 2024 5:46pm Mar 20, 2024 5:46pm
On Exness i am unable to Enter trade on Gold it says "Off Quotes", what it mans ??
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