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  • #49,841
  • Oct 31, 2024 1:39am Oct 31, 2024 1:39am
Is there a way to not to see this shiit, even after putting on ignore this moron is flooding whole thread like no one else.
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  • #49,842
  • Oct 31, 2024 1:50am Oct 31, 2024 1:50am
Quoting PatienceFx
{quote} gold has come from 200 usd to 2800 usd and you really think you can earn profits by selling gold ?? {image}
Psychologically, I struggle with buying at ATHs, and the pullbacks never go deep enough for my comfort either. But then I have to juggle the psychological difficulty of that, with the psychological difficulty of losses due to countertrend trading.
  • #49,843
  • Oct 31, 2024 2:04am Oct 31, 2024 2:04am
Quoting MrFanciful
{quote} Psychologically, I struggle with buying at ATHs, and the pullbacks never go deep enough for my comfort either. But then I have to juggle the psychological difficulty of that, with the psychological difficulty of losses due to countertrend trading.
Looks like you read my mind. Well described.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #49,844
  • Oct 31, 2024 2:42am Oct 31, 2024 2:42am
Quoting MrFanciful
I'm anticipating a nice down move today. I'm also expecting to be wrong but my reasoning is that I'm expecting a top wick on the monthly candle, which would necessitate a down move. However, it could manifest with an up move to/above 2800, and then come down. In that circumstance, it doesn't even need to be a bearish daily. It could still go up enough for there to be a decent down move, close above the daily open and still form the top wick of the monthly. Or maybe it'll close the month on the high...¯\_(ツ)_/¯
monthly is a solid greed needs to cut over a $100 in one day to get a decent enough bearish convincing finish… routing for this but seems unrealistic given Asia couldn’t push it down either.
…. But anything is possible especially when it’s way overdue
  • #49,845
  • Oct 31, 2024 2:44am Oct 31, 2024 2:44am
Quoting Haks
https://www.kitco.com/news/article/2...d-gold-council Might be an interesting read for those in long term plays.
Yep
  • #49,846
  • Oct 31, 2024 2:49am Oct 31, 2024 2:49am
Quoting PatienceFx
from week open gold price has gone up but many people kept selling and loosing money {image}
Today it has to come down and touch 2777.3.
Will update more.....
  • #49,847
  • Oct 31, 2024 2:56am Oct 31, 2024 2:56am
Quoting SAM1986
{quote} Today it has to come down and touch 2777.3. Will update more.....
TY for the update
  • #49,848
  • Oct 31, 2024 3:04am Oct 31, 2024 3:04am
added
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  • #49,849
  • Oct 31, 2024 3:05am Oct 31, 2024 3:05am
Quoting Hulkisbck
gold - 15min {image}
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  • #49,850
  • Oct 31, 2024 3:16am Oct 31, 2024 3:16am
Quoting PatienceFx
{quote} never exceed 1:50 leverage, never exceed 1% of account balance for trade, never open more than 1 order at a time never go against us government debt to gdp ratio, never sell gold
Never sell gold is not good advice. There have been times when gold fell £200 in a short time. I think a better statement would be "be careful selling gold". Price can actually get into a down turn for months before turning up again. However, I get the concept of what you meant.
  • #49,851
  • Oct 31, 2024 3:24am Oct 31, 2024 3:24am
Inserted Video
  • #49,852
  • Oct 31, 2024 3:37am Oct 31, 2024 3:37am
Quoting SAM1986
{quote} Today it has to come down and touch 2777.3. Will update more.....
2777.30 Done......... It's not about buying all the time. Smart Selling too.My 59% trades are Sell. Just collecting Peanuts time to time.....
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Cheers
  • #49,853
  • Edited 4:32am Oct 31, 2024 3:38am | Edited 4:32am
Quoting noobtrader8
{quote} after GDP q/q data, you still shorting ? just curious. and thanks for the continuous analysis posts!
7 goals and profits have been reached.
Success is not final, failure is not fatal... - Winston Churchill
  • #49,854
  • Oct 31, 2024 4:02am Oct 31, 2024 4:02am
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  • #49,855
  • Oct 31, 2024 4:47am Oct 31, 2024 4:47am
Quoting Azen
{image}
Simple rule for those who have the patience to read and understand.
Do you understand the difference between impulse and correction? Yestreday NY up with an impulse. Now go down but count how many candles it took for the price to go up and how many candles it took to go down.
What you see at the moment is a simple correction
  • #49,856
  • Oct 31, 2024 4:48am Oct 31, 2024 4:48am
Does anyone really believe this can get to 3000 ….aside of anything is possible
  • #49,857
  • Oct 31, 2024 4:56am Oct 31, 2024 4:56am
Quoting IndianFX
Is there a way to not to see this shiit, even after putting on ignore this moron is flooding whole thread like no one else. {image}
Same question here (But not for the same guy)
Ignoring is good, hiding would be better
  • #49,858
  • Oct 31, 2024 4:56am Oct 31, 2024 4:56am
Quoting Interesting0
Does anyone really believe this can get to 3000 ….aside of anything is possible
Easily to be honest, especially if Election goes crazy ( for example Trump loosing and then contesting results as before ), that would bring uncertainty and a sharp rise for Gold. And even without that there is too much in favor of gold rallying, obviously it needs a heavy correction but it might only happen after 3k
  • #49,859
  • Oct 31, 2024 4:56am Oct 31, 2024 4:56am
Quoting 19monza64
{quote} Simple rule for those who have the patience to read and understand. Do you understand the difference between impulse and correction? Yestreday NY up with an impulse. Now go down but count how many candles it took for the price to go up and how many candles it took to go down. What you see at the moment is a simple correction
Yeah I understand that concept and took note of it too.

If you know there is a minor correction, why did you not enter immediately?
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  • #49,860
  • Oct 31, 2024 4:59am Oct 31, 2024 4:59am
Quoting Interesting0
Does anyone really believe this can get to 3000 ….aside of anything is possible
Yes it can, but not this year.
Even this price is unrealistic and im getting tired of this "safe haven" bs.
Some uncertainty in middle east and us elections and someone thinks that its good enough reason to inflate price this much. What if there was actual full blown war at middle east? Would gold jump to 10.000$ just because there is a war there?
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