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  • #50,761
  • Nov 6, 2024 8:48am Nov 6, 2024 8:48am
Quoting sadsoul
Everyone forgetting about FED RATE CUT news coming next
fed rate cuts will be slow going forward and that is why dollar rallied today
  • #50,762
  • Nov 6, 2024 8:56am Nov 6, 2024 8:56am
bears are celebrating with " i told you so" but literally everyone has been waiting for a big drop on gold lol, just didn't know when it would come
  • #50,763
  • Nov 6, 2024 8:58am Nov 6, 2024 8:58am
gold - 1hrs
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-11-06 202803.jpg Size: 101 KB
  • #50,764
  • Nov 6, 2024 9:03am Nov 6, 2024 9:03am
Quoting shay14
bears are celebrating with " i told you so" but literally everyone has been waiting for a big drop on gold lol, just didn't know when it would come
Shh let them have their moment! What’s funny are the longs, when it’s so clearly obvious otherwise
  • #50,765
  • Nov 6, 2024 9:04am Nov 6, 2024 9:04am
Buy limit 2652. Tp 300 pips. SL 300 pips. El3ction effect maybe over.
  • #50,766
  • Nov 6, 2024 9:08am Nov 6, 2024 9:08am
If you check Gold on the weekly chart... you will see almost like a nice Gravestone doji. That explains a lot.
Drawdown is more important than Account Size !
  • #50,767
  • Nov 6, 2024 9:09am Nov 6, 2024 9:09am
Long awaited drop almost 100$
Retracement possible here. one can never rule out bulls when it comes to gold
  • #50,768
  • Nov 6, 2024 9:10am Nov 6, 2024 9:10am
Here is your strategy for the next two weeks:

Just switch to a 5 min chart. Go short every time the price crosses the 200 EMA.

Keep it simple.
Drawdown is more important than Account Size !
  • #50,769
  • Nov 6, 2024 9:26am Nov 6, 2024 9:26am
Long awaited drop almost 100$
Retracement possible here. one can never rule out bulls when it comes to gold
  • #50,770
  • Nov 6, 2024 9:29am Nov 6, 2024 9:29am
Quoting procrude
Here is your strategy for the next two weeks: Just switch to a 5 min chart. Go short every time the price crosses the 200 EMA. Keep it simple.
Today's high may be broken this week
  • #50,771
  • Nov 6, 2024 9:58am Nov 6, 2024 9:58am
Quoting NrSLionHeart
{quote} From where?
2605 lowest entry, but I’ve entered on different levels higher also
  • #50,772
  • Nov 6, 2024 9:59am Nov 6, 2024 9:59am
Quoting AUsome
{quote} 2605 lowest entry, but I’ve entered on different levels higher also

My humble advise is to close all longs when this retracement is over!!!
  • #50,773
  • Nov 6, 2024 10:00am Nov 6, 2024 10:00am
Quoting michiyo
{quote} Today's high may be broken this week
Nope, wishful thinking!!
  • #50,774
  • Nov 6, 2024 10:01am Nov 6, 2024 10:01am
Quoting sadsoul
Everyone forgetting about FED RATE CUT news coming next
With Trump in, there will be no rate cut.

Next will be Elon saying that USA needs to balance the budget...
  • #50,775
  • Nov 6, 2024 10:03am Nov 6, 2024 10:03am
Quoting NrSLionHeart
{quote} My humble advise is to close all longs when this retracement is over!!!
i got a feeling this won't age well
  • #50,776
  • Nov 6, 2024 10:04am Nov 6, 2024 10:04am
Quoting shay14
{quote} i got a feeling this won't age well

I hope so let’s see
  • #50,777
  • Nov 6, 2024 10:06am Nov 6, 2024 10:06am
Quoting shay14
{quote} i got a feeling this won't age well

Let's watch !!!
  • #50,778
  • Edited 10:27am Nov 6, 2024 10:13am | Edited 10:27am
At this moment, both longs and shorts have their own "wishful thinking".
Just to remind that even though Trump is president elect. his administration will begin from Jan 20th 2025. So to think he can solve all war problems is pretty much "wishful". And the bulls surely know that too. But bears definitely will not give up easily and I'm looking forward to see the battle up until 2790
With elections uncertainty gone (unless another assassination attempt), the next main focus now is FOMC this Friday.
Ps: Just forgot the House hasn't been decided yet
  • #50,779
  • Nov 6, 2024 10:16am Nov 6, 2024 10:16am
Quoting shay14
Những chú gấu đang ăn mừng với câu "tôi đă bảo mà" nhưng thực ra mọi người đều đang chờ đợi một đợt giảm giá lớn của vàng lol, chỉ không biết khi nào th́ nó sẽ đến
I see gold will recover around 2688 -2700 and move sideways waiting for new moves. Perhaps bulltrap to 2720-2740 for next week and subsequent decline
  • #50,780
  • Nov 6, 2024 10:47am Nov 6, 2024 10:47am
Quoting shay14
{quote} i got a feeling this won't age well
Yes i expect we wil see new highs haha
Que Sera
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