Gold | Page 2565 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #51,281
  • Nov 11, 2024 4:12pm Nov 11, 2024 4:12pm
Quoting Interesting0
{quote} right now personally do nothing just had a decent correction not sure if it’s going more, dx got rejected at top so unsure. 50:50 if I was to gamble then inclined to buy with short term trend for short term, medium term is down but long term is not fully broken could go back up… daily upward channel support bounce.
I agree. Assess.
I also agree that even this big down move can be recovered. Depends on $ strength
Daily or Higher Timeframe Trading | Forex Factory
If you think you can or cannot do it you are correct
  • #51,282
  • Nov 11, 2024 5:23pm Nov 11, 2024 5:23pm
My expectation as we've got CPI and inflation (Trump related and otherwise) is the main thing that's got the market spooked. The market will likely push towards midrange (Up) probably towards the major selling zone...I'm not convinced that a cool CPI report would really push up gold prices, I think the rally has run and the concern is about next year, so unless something happens that really stokes some geopol concerns...we are where we are.
  • #51,283
  • Nov 11, 2024 5:42pm Nov 11, 2024 5:42pm
A sell is good but not now, i rather wait for a fat retrace to maybe 2630-2650 then shorting it to oblivion but knowing me i will probably pull the trigger too early.
  • #51,284
  • Nov 11, 2024 5:56pm Nov 11, 2024 5:56pm
Quoting shay14
A sell is good but not now, i rather wait for a fat retrace to maybe 2630-2650 then shorting it to oblivion but knowing me i will probably pull the trigger too early.
Haha you definitely don’t wnna be on the wrong side when that happens

Even if it retraces to 2630-2650, there’s every chance that the retracement might even go higher than that price range.

Be very careful. Gold is brutal
  • #51,285
  • Nov 11, 2024 7:33pm Nov 11, 2024 7:33pm
Swap long on gold just got ridiculous. I got charged 400usd on 1 lot and its not wednesday.
  • #51,286
  • Nov 11, 2024 9:15pm Nov 11, 2024 9:15pm
h4 : retest and down
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 19 KB
vankiepsauff@gmail
  • #51,287
  • Nov 11, 2024 10:27pm Nov 11, 2024 10:27pm
Quoting michiyo
Swap long on gold just got ridiculous. I got charged 400usd on 1 lot and its not wednesday.
why don't you use swap free broaker?
  • #51,288
  • Nov 11, 2024 10:35pm Nov 11, 2024 10:35pm
Why did 15 minute MacD chart on gold make a shape like that
  • #51,289
  • Nov 11, 2024 10:38pm Nov 11, 2024 10:38pm
Quoting Nick4forex
{quote} why don't you use swap free broaker?
My friend, there's no such thing as swap free. They change the name to "admin/operating fees" but they still charge you the same amount of money for holding a position overnight
You have to have an IQ higher than 90 to interact with this user.
  • #51,290
  • Nov 11, 2024 10:43pm Nov 11, 2024 10:43pm
Quoting Nordling
{quote} My friend, there's no such thing as swap free. They change the name to "admin/operating fees" but they still charge you the same amount of money for holding a position overnight
Zero spread broker takes the same amount via commission
  • #51,291
  • Nov 11, 2024 10:45pm Nov 11, 2024 10:45pm
Quoting Nordling
{quote} My friend, there's no such thing as swap free. They change the name to "admin/operating fees" but they still charge you the same amount of money for holding a position overnight
I'm not paying anything to my broker except spread.
(OCTAfx)
  • #51,292
  • Nov 11, 2024 10:59pm Nov 11, 2024 10:59pm
Quoting Nick4forex
{quote} I'm not paying anything to my broker except spread. (OCTAfx)
Interesting
You have to have an IQ higher than 90 to interact with this user.
  • #51,293
  • Nov 11, 2024 11:35pm Nov 11, 2024 11:35pm
Quoting Nordling
{quote} My friend, there's no such thing as swap free. They change the name to "admin/operating fees" but they still charge you the same amount of money for holding a position overnight
It depends. If your country under Muslim it will be swap free from broker.
  • #51,294
  • Nov 11, 2024 11:44pm Nov 11, 2024 11:44pm
Quoting Ksth
{quote} It depends. If your country under Muslim it will be swap free from broker.
Indeed.
Example: https://fbs.eu/en/trading/swapfree
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #51,295
  • Nov 12, 2024 12:14am Nov 12, 2024 12:14am
Retesting last month low 2604.
Extension can be 2592.
Bounce likely possible from here
  • #51,296
  • Nov 12, 2024 1:51am Nov 12, 2024 1:51am
BRUTAL GOLD
average dude treading water
  • #51,297
  • Nov 12, 2024 1:53am Nov 12, 2024 1:53am
To calculate the swap on 1 lot of gold (XAU/USD) for today, you can use the formula:
Swap Amount = Lot Size x Swap Rate x Pip Value
For example, assuming the swap rate is -2.96 for a long position and +0.51 for a short position on 1 lot of gold, with a pip value of around $1 (standard in forex):
1. For a long (buy) position:
Swap = 1 x -2.96 x 1 = -$2.96 per night

2. For a short (sell) position:
Swap = 1 x 0.51 x 1 = +$0.51 per night
This means if you hold a long position, you’d pay about $2.96 overnight, while a short position would earn about $0.51. These rates can vary by broker and market conditions, so it’s a good idea to verify with your broker’s swap calculator for precise results.
  • #51,298
  • Nov 12, 2024 1:54am Nov 12, 2024 1:54am
Quoting michiyo
Swap long on gold just got ridiculous. I got charged 400usd on 1 lot and its not wednesday.
Either you are lying or either your broker is looting you.


To calculate the swap on 1 lot of gold (XAU/USD) for today, you can use the formula:

Swap Amount = Lot Size x Swap Rate x Pip Value

For example, assuming the swap rate is -2.96 for a long position and +0.51 for a short position on 1 lot of gold, with a pip value of around $1 (standard in forex):

1. For a long (buy) position:
Swap = 1 x -2.96 x 1 = -$2.96 per night


2. For a short (sell) position:
Swap = 1 x 0.51 x 1 = +$0.51 per night



This means if you hold a long position, you’d pay about $2.96 overnight, while a short position would earn about $0.51. These rates can vary by broker and market conditions, so it’s a good idea to verify with your broker’s swap calculator for pr
ecise results.
  • #51,299
  • Nov 12, 2024 2:11am Nov 12, 2024 2:11am
The thread has become so peaceful today. I wonder how many have took longs ~2600? hope they're right or we might see 2580~2570 next. The end of the year is coming and those round numbers seems to be less important. Today has no major datas, just some bankers speaking. If there's should be any meaningful bullish movement, I might have to wait after CPI.
  • #51,300
  • Nov 12, 2024 2:13am Nov 12, 2024 2:13am
Today's trading on a demo account - I know it is meaningless, but it makes you feel good!!!

It is 10AM here...

Attached Image (click to enlarge)
Click to Enlarge Name: 12 nov 24.jpg Size: 390 KB
156 traders viewing now