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  • #51,241
  • Nov 11, 2024 8:27am Nov 11, 2024 8:27am
So far, not a hint of bullishness all Asia, Euro, USA...
  • #51,242
  • Nov 11, 2024 8:30am Nov 11, 2024 8:30am
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.
Hope you guys did what I said on 11/6/24. I did very good shorting Gold.
Drawdown is more important than Account Size !
  • #51,243
  • Nov 11, 2024 8:31am Nov 11, 2024 8:31am
Will this support the price ?
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Contrarian
  • #51,244
  • Nov 11, 2024 8:32am Nov 11, 2024 8:32am
Quoting procrude
{quote} Hope you guys did what I said on 11/6/24. I did very good shorting Gold.
I actually did follow your advice. 4 which my sincere thx.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,245
  • Nov 11, 2024 8:46am Nov 11, 2024 8:46am
every possibility gold gets flushed to 2577
  • #51,246
  • Nov 11, 2024 8:48am Nov 11, 2024 8:48am
Quoting MrFanciful
I don't think I've seen something so valuable lose preference to something so valueless so quickly
gold was jacked up by wallstreet as a counter trade to trump losing. now that trump has won this whole trade reverses.
  • #51,247
  • Nov 11, 2024 8:49am Nov 11, 2024 8:49am
Quoting longvipka
{quote} 2608
In my trading style, I avoid pinpointing exact prices. Instead, I focus on a target area and observe how the price action reacts within that zone. However, if you want a specific level I'm watching, it's 2592.
  • #51,248
  • Nov 11, 2024 9:13am Nov 11, 2024 9:13am
Slightly below 2596 we might jave a rise to form the right head of a potential HS pattern after which price may be flushed to 2500 area and maybe below it.
  • #51,249
  • Nov 11, 2024 9:15am Nov 11, 2024 9:15am
BTC vs XAU today. Opposite worlds.

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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,250
  • Nov 11, 2024 9:20am Nov 11, 2024 9:20am
goodbye gold to 3000.00 2024 take a nuke to move the bull momentum now
  • #51,251
  • Nov 11, 2024 9:29am Nov 11, 2024 9:29am
Quoting Interesting0
goodbye gold to 3000.00 2024 take a nuke to move the bull momentum now
Lol... true.
  • #51,252
  • Nov 11, 2024 9:35am Nov 11, 2024 9:35am
Quoting Interesting0
goodbye gold to 3000.00 2024 take a nuke to move the bull momentum now
Lets see what happens... I know trump wants a weaker dollar...which will make the Gold go higher... time will tell. For now I just focus on a very low time frame. quick trades in and out. Too much going on in the markets. Just trade what you see, not what you think.
Drawdown is more important than Account Size !
  • #51,253
  • Nov 11, 2024 9:59am Nov 11, 2024 9:59am
omg ... great fall non stop, benefit of USA off so only fall one side no retracement
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  • #51,254
  • Nov 11, 2024 10:01am Nov 11, 2024 10:01am
Quoting Ravenfeeder
{quote} I hope we can start rallying now. I owe you if we are finally going above 2700 again!
sorry bro, market don't respect any support just keep on fall n fall ... gold sometime did like this one side total
  • #51,255
  • Nov 11, 2024 10:05am Nov 11, 2024 10:05am
Quoting Hulkisbck
gold - daily candle long term view for coming months {image}
never thought my low mark almost market going to touch

low i mark= 2597
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  • #51,256
  • Nov 11, 2024 10:14am Nov 11, 2024 10:14am
Next target is 2603.

I am not sure it will get taken out today (should be not) but it will get taken in the next 3-4 trading days for sure!!
  • #51,257
  • Nov 11, 2024 10:52am Nov 11, 2024 10:52am
Retracement at 2615.530 or 2593.870, the second one with lot of liquidity... For scalp...
  • #51,258
  • Nov 11, 2024 11:04am Nov 11, 2024 11:04am
Quoting NrSLionHeart
Next target is 2603. I am not sure it will get taken out today (should be not) but it will get taken in the next 3-4 trading days for sure!!
I think before that will have some retracement, is a clear demand zone, don't think will go straight forward
and it is at EQ at this moment. If it goes straight forward will retest for sure.
  • #51,259
  • Nov 11, 2024 11:05am Nov 11, 2024 11:05am
Quoting NrSLionHeart
Next target is 2603. I am not sure it will get taken out today (should be not) but it will get taken in the next 3-4 trading days for sure!!
Hopefully a pull back to 2630 before heading down
average dude treading water
  • #51,260
  • Nov 11, 2024 11:12am Nov 11, 2024 11:12am
Quoting MIKKI
{quote} Hopefully a pull back to 2630 before heading down
If there is a pullback it will go to 2640-2645 area, 2630 is too low.
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