It's just better many people on this platform shut up and rather read and allow those who have reasonable things to say do so. Many just spout nonsense here, misleading people and doing the opposite. Many people are here learning and that's cos here is created for the same purpose. So if you're here just to mislead people, just stfu and stop constituting nuisance on this platform created for something better than you.
guys im a new trader working on a real account. so im not asking for signals but i need to pay rent after 5day and im down -200$ can anyone help me and we split profit just for those 5 days ?
Joined Jan 2025
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Status: Trader and Analyst
|41 Posts
My view for Gold, the price has recently surged past 3,020 and is currently testing the 3,040 resistance. With the RSI at 73.75, Gold is in overbought territory, which suggests that a retracement could occur soon. However, if the price manages to hold above 3,020, it could continue toward 3,050 or even 3,060 in the short term.
If the price starts to pull back from the 3,040 level, we might see a retracement toward 3,010-3,000. It’s essential to keep an eye on how the price reacts around these levels, as a strong bounce could continue the bullish trend.
The RSI above 70 indicates the possibility of a reversal, so any signs of weakening momentum, especially if the RSI falls below 70, could signal the beginning of a short-term correction.
On the downside, the 2,980-2,970 range is a key support area. If this level holds, we could see a further push upward. However, a break below this support would open the door for a deeper pullback toward 2,950-2,940.
For the longer-term outlook, Gold remains bullish as long as the price stays above 2,900-2,920. If the price breaks below these levels, it may signal a more substantial correction.
in my opinion; I don’t kare if the rhythm is changing , if it doesn’t follow my projection, I’d rather stay away …. We saw how gold dumped the last time it was bullish on Friday
