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  • #51,841
  • Nov 14, 2024 2:02pm Nov 14, 2024 2:02pm
https://www.dallasfed.org/research/e...24/24gp-powell
  • #51,842
  • Nov 14, 2024 2:07pm Nov 14, 2024 2:07pm
Gold falls just because news started T_T
  • #51,843
  • Nov 14, 2024 2:09pm Nov 14, 2024 2:09pm
Upcoming strong levels for Gold . as of now . it wont turn bullish till price trading below the 2626 key level . Today it was SSLS of 2545 and Gold made some bullish correction .
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  • #51,844
  • Nov 14, 2024 2:10pm Nov 14, 2024 2:10pm
Quoting anonrika
Gold falls just because news started T_T
Yes, saw an article yesterday that people shouldn’t be too optimistic about rate cuts ending soon and in fact could go on for a little longer. Perhaps that’s what Powell is also reaffirming
  • #51,845
  • Nov 14, 2024 2:18pm Nov 14, 2024 2:18pm
Right now as Powell (still) speaks I can see a drop in price with RSI getting into the 40 level direcion which could signal that the price will turn down again.

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  • #51,846
  • Nov 14, 2024 2:29pm Nov 14, 2024 2:29pm
Quoting Quicksand
Right now as Powell (still) speaks I can see a drop in price with RSI getting into the 40 level direcion which could signal that the price will turn down again. {image}
From my perspective that move down was just an irregular as gold was going up in an uptrend just by starting news to go down was not what I was expecting and hopefully all this move will flip.
  • #51,847
  • Nov 14, 2024 2:36pm Nov 14, 2024 2:36pm
Quoting anonrika
{quote} From my perspective that move down was just an irregular as gold was going up in an uptrend just by starting news to go down was not what I was expecting and hopefully all this move will flip.

He doesn't reveal much right now. I think they are still debating whether they should proceed with another cut in December or not. Nothing is clear so far. I don't expect big moves on gold today. Maybe tomorrow after retail sales. It would give a hint about if the interest cut would be done or not.
  • #51,848
  • Nov 14, 2024 2:53pm Nov 14, 2024 2:53pm
Daily close looks like hammer forming,Friday's close will be clear for the reversal confirmation.
If confirmed,minimum target - 2603 and next 2623
  • #51,849
  • Nov 14, 2024 2:54pm Nov 14, 2024 2:54pm
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  • #51,850
  • Nov 14, 2024 3:18pm Nov 14, 2024 3:18pm
Quoting Tradersview-
Daily close looks like hammer forming,Friday's close will be clear for the reversal confirmation. If confirmed,minimum target - 2603 and next 2623
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  • #51,851
  • Nov 14, 2024 3:50pm Nov 14, 2024 3:50pm
A hammer at 79% retracement level
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  • #51,852
  • Nov 14, 2024 4:11pm Nov 14, 2024 4:11pm
Quoting Tradersview-
{quote} {image}
Target3 2664
Target4 2693
  • #51,853
  • Nov 14, 2024 5:09pm Nov 14, 2024 5:09pm
I believe on the 30 minutes chart of XAU/USD (Gold), bearish momentum has begun again considering the pullback has exhausted. Time to sell gold and take profit at 2556
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  • #51,854
  • Nov 14, 2024 5:55pm Nov 14, 2024 5:55pm
Looking at the daily candle. I will only take longs. I think 2700 is coming back
Drawdown is more important than Account Size !
  • #51,855
  • Nov 14, 2024 6:14pm Nov 14, 2024 6:14pm
As I see it, probably the bulls will kick to 2600
Just love God and work hard in what you want, then your wishes will come tr
  • #51,856
  • Nov 14, 2024 6:49pm Nov 14, 2024 6:49pm
XAU Nov 15

Sell M5 entry

Stop Loss @2581.45

Take Profit @2536.85

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #51,857
  • Nov 14, 2024 6:54pm Nov 14, 2024 6:54pm
Quoting emmanuel7788
XAU Nov 15 Sell M5 entry Stop Loss @2581.45 Take Profit @2536.85 {image}
Cool chart.
  • #51,858
  • Nov 14, 2024 7:04pm Nov 14, 2024 7:04pm
Let's try our luck today.
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  • #51,859
  • Edited Nov 15, 2024 12:50am Nov 14, 2024 7:23pm | Edited Nov 15, 2024 12:50am
Quoting worldbankinc
{quote} UPDATE | Trade Idea 56-2024 Hedge Sell just hit TP {image} {image}
NEW | Trade Idea 57-2024 just released

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  • #51,860
  • Nov 14, 2024 7:34pm Nov 14, 2024 7:34pm
Quoting Azen
Let's try our luck today. {image}
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