Gold

Until where do you guys think it will fall?

Might find support at 2286. Or it could head for the days low at 2282

i caught it all the way to now

Might fall to 2070-2075 and then jump to 23xx

well start of a correction ..

Will it hit 23xx again?

Depending on the NFP news tomorrow.

Don't spoil me like that, sometimes I'm a bit prickly.
What concerns me is why humanity doesn't learn. These bad wars. I haven't experienced one yet and I don't want anyone to have to endure a war.
Recently a buddy from here wrote to me: Imagine, most of us are sitting warm, have food and a roof over our heads. Meanwhile, others are in the cold, hungry, and away from their families for weeks, now years. Death everywhere.
Why again?
We should want to know this in more detail, as precisely as possible. When we comment on these terrible events, let us carefully consider whether we have some confidence in being able to offer an opinion on them for discussion.
If not – just look for a little more political depth. It's not about the Russians, the Ukrainians, the Israelis, the Palestinians and the hundreds of wars in Africa and elsewhere that aren't even in the newspapers and yet result in senseless destruction.
It's about every single Russian, Ukrainian... about their people, their state, their opportunities. And it is also about the opportunities for a meaningful life for our peoples and families who were not involved in the war .
What can we do to ensure that we are spared from this and others too?
I would like to swap the black dove for a white peace dove again.

And one more thing: about 5 years ago I had a dispute here at FF with someone who said that gas chambers were a good idea. I had good support from my buddies, but disappointing that FF didn't do anything about this hater. You won't be able to view every post, but it was heavily opposed at the time. Maybe some old camels.

See you tomorrow about market

GOOD JOB, Isabella, I am with you on everything you posted???
Good to have you with us again, love from Mexico!

Daily RSI was way way too overbought, as I said. But even with this 1% drop on Asia, it is still too high at 71.

You will see many 1% drops, until RSI comes down to at least 61.

It is just algorithmically impossible to be 38 days above 65 on the daily RSI. Never happen before in history of Gold.

Also look at Gold and BTC, they are basically doing the same thing. And I just don't see BTC breaking above 73k any time soon.

Before making double bottom, double top created. Gold going to test Liquidity level of 2260-61.

Let's goooo

Well so far I hv won this trade ..and now i am on buying side however still holding my sell position from top..
so lets play with gold

The sad bit right now is that NATO, Ukraine and the US are all talking peace with Russia since they can't win either a popularity war with their citizens to start an all out war with Russia or provoke Russia into attacking yet at the same time they are expanding NATO and attempting to build up funding for longer term conflicts with Russia. All this while pretending to talk peace while they continue to expand their military.
Time to end NATO as all it is now is a tool for the US to continue to provoke Russia.
That or Gold is simply going higher as government spending on war devalues currency even faster!

https://www.forexfactory.com/news/12...f-no-rate-cuts
Kashkari let the cat out of the bag yesterday and said what has been vaguely circulating for weeks: there may be no interest rate cut at all this 2024.
We had already gotten used to the independent life of gold above 2200. I'll wait and see what today brings and wish everyone good luck.
XAUUSD D1

Attached Image (click to enlarge)

Thank you from the bottom of my heart to everyone who took part in the discussion over the last few hours.
In this forum dealing with economic issues, opinions will remain diverse.
There remains the possibility of sporadically capturing the essentials. Not an easy task.
Keep your eyes open.
Back to the market.

[quote=dantpm;14819918]{quote} Das Traurige im Moment ist, dass die NATO, .....
Will write you PM on weekend.
I have great hope for the renewal of NATO that is already beginning. Europe in particular needs a strong force that tells despots from the first day of the war: no! - no one is allowed to do anything like that.
Back to the market

____________ ATM =

Good morning traders,
Longed, 2:1 RR on Gold.
Trade safe and lets see some profits today

I moved my stop, and it closed me by securing 20pips.
Will reenter if i get a chance on same price.