Gold | Page 3967 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #79,321
  • Jun 12, 2025 11:09pm Jun 12, 2025 11:09pm
Quoting PatienceFx
https://youtu.be/Gz9AhRFtb3Y
Exactly,no time for shorting the gold

in best case going to the 3415-3420 area and up again
  • #79,322
  • Edited Jun 13, 2025 12:31am Jun 12, 2025 11:47pm | Edited Jun 13, 2025 12:31am
Quoting Dragomir6
{quote} Exactly,no time for shorting the gold in best case going to the 3415-3420 area and up again
In every trend, whether up or down, going short or long can both be good depending on whether it hits TP. However, there is a tendency that when going against the trend, price tends to move more slowly in the opposite direction, although there are no guarantees. Who wants to catch every pip in the full range anyway? As for me, today I only need 212 pips out of the 637-pip range (ATR 21).

The price is continuously auctioned every second by the super‑computers that oversee it, and this is still the trading algo used in electronic markets everywhere today. Sometimes it’s auctioned at very high levels; other times, at low ones.

The advantage of banks and other large market participants is that they can execute trades (even with wide spreads) at certain times outside of regular market hours.

Quote
We don't use Black-Scholes, the simpler derivation vindicating Bachelier (Nassim Taleb).
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #79,323
  • Jun 13, 2025 12:07am Jun 13, 2025 12:07am
Quoting PatienceFx
https://youtu.be/Gz9AhRFtb3Y
Thanks for sharing this! 100% agree
  • #79,324
  • Jun 13, 2025 12:08am Jun 13, 2025 12:08am
Quoting RoelsMajor
{quote} In every trend, whether up or down, going short or long can both be good depending on whether it hits TP. However, there is a tendency that when going against the trend, price tends to move more slowly in the opposite direction, although there are no guarantees. Who wants to catch every pip in the full range anyway? As for me, today I only need 212 pips out of the 637-pip range (ATR 21). The price is continuously auctioned every second by the super‑computers that oversee it, and this is still the trading algo used in electronic markets...
just read the news iran has attacked israel with drones, so Gold is gearing up?
Ali
  • #79,325
  • Edited 12:32am Jun 13, 2025 12:16am | Edited 12:32am
Quoting mralishahpk1
{quote} just read the news iran has attacked israel with drones, so Gold is gearing up?
No. Simply No. I would say Gold is going up because Erebus predicted it beforehand, even before all the news came out — how about that? Just as valid. No one really knows the exact cause. You need to find out what the randomly continuous auction market model is, what the Black-Scholes equation is, and the original theory by Bachelier. That’s all I can say.

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: 71D15lVOg7L._SY385_.jpg Size: 26 KB
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #79,326
  • Edited 1:09am Jun 13, 2025 12:41am | Edited 1:09am
time to sell if bears strong ... tp 3406 - 3398 or more (if if if bears strong)
may be market need for volatility / liquidity / price manipulation
key level = 3433.28
The current condition is almost the same as yesterday's price movement, when Trump's post appeared.

DON'T BE OVERCONFIDENT .... every mistake in a trade = loss


REMEMBER:
1. The market is never wrong
2. If the market is wrong, remember point 1.
The Average Discount Everything
  • #79,327
  • Edited 1:11am Jun 13, 2025 12:51am | Edited 1:11am
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2025-06-12_19-14-58.jpg Size: 119 KB


XAUUSD UPDATE INCOMING!
Gold has carved out an inverted head and shoulders formation and is now pressing against the neckline. Momentum has surged past 100.0, Tenkan has crossed above Kijun, and price action has broken free from the Ichimoku cloud—textbook bullish signals stacking up!

Buy on #XAUUSD ONLY if consolidation holds above 3385;
Target: 3435;
  • #79,328
  • Jun 13, 2025 12:52am Jun 13, 2025 12:52am
I’m trying a buy test once more toward the top, because Range 2 has opened and it's higher than the previous Low.

Here We Go Fire ▄︻デ══━一
Long, Risk 1% 212 pips, 0.12 lot
TP 1%
BE+ after 71 pips gain
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.iM15-13062025-R2-1.png Size: 24 KB
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #79,329
  • Jun 13, 2025 1:25am Jun 13, 2025 1:25am
I am waiting for London session to give price movement
  • #79,330
  • Jun 13, 2025 1:33am Jun 13, 2025 1:33am
You probably might be wondering why is the price of bitcoin falling and the price of the dollar index is also falling
Hear me out , I am not a financial advisor, so whatever you do with this information is your business mate , so basic pair correlation understanding makes a normal retail trader to understand that people buy the BTC or XAU to hedge against inflation or safe haven buying, so hence when the value of the dollar index is higher, the value of BTC , XAU and other digital assets fall.
But then came Donald Trump aka the new crypto president, even though El Salvador did it first, after Trumps election, BTC rallied heavily to $100k no much difficulty, now understand that He is surrounded by the Likes of Elon and Micheal , one time Micheal Saylor once said all Trump needed to do was sell off gold and buy more BTC , and i asked myself can Trump actually do that ?
After seeing that video online, I started watching how pairs like USDCHF USDJPY and DXY were correlating their movements to BTCUSDT and since after that rally to $100k and back down , the negative correlation disappeared, and now I am atleast 45% certain that Trump might be pulling off what Micheal said.
So in a situation where you are a trader who likes to be sure that a pair you want to open buy positions on , is seeing that the other pair which negatively correlates it is moving bearish as well. I suggest you realign to study the HTF of your watchlist and accept to trade what you see not what you feel because pair correlations is not the holy grail because if it’s not the case then unless there is a new war going on , there’s not much to paint as a reason to why the value of gold is up by over 200 pips and the value of dollar is down by 100 pips or more together with a 1000 pips plus bearish BTC market.
I just hope I am wrong tbh, because USA is very sensitive country unlike El Salvador, can Trump really ride the bearish wave of the crypto space?
What are your thoughts
ryoiki tenkai : Blue Juggernaut
  • #79,331
  • Jun 13, 2025 1:39am Jun 13, 2025 1:39am
Don’t fight the trend , you’re not that guy
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4521.jpeg Size: 484 KB
ryoiki tenkai : Blue Juggernaut
  • #79,332
  • Jun 13, 2025 1:45am Jun 13, 2025 1:45am
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2025-06-13_13-42-36.jpg Size: 85 KB


Gold has shaped an ascending triangle pattern, with price action pushing past the upper boundary and surpassing the nearest fractal. On the ADX, +DI has climbed above -DI, signaling growing bullish momentum. However, a trendline retest could occur before the push toward ATH.

Buy on #XAUUSD only️ if price surges past 3430;
Target: 3500
  • #79,333
  • Jun 13, 2025 1:46am Jun 13, 2025 1:46am
Quoting Doublepanda
You probably might be wondering why is the price of bitcoin falling and the price of the dollar index is also falling Hear me out , I am not a financial advisor, so whatever you do with this information is your business mate , so basic pair correlation understanding makes a normal retail trader to understand that people buy the BTC or XAU to hedge against inflation or safe haven buying, so hence when the value of the dollar index is higher, the value of BTC , XAU and other digital assets fall. But then came Donald Trump aka the new crypto president,...
he can ride it .... but probably won’t revolutionize it ...
DYOR & risk it smart ... not my call.
  • #79,334
  • Jun 13, 2025 1:47am Jun 13, 2025 1:47am
Quoting fxpider
{quote} I’ve observed that, more often than not, it’s fellow Muslims who feel the need to publicly declare their faith—whether in forums, conversations, or even by asking others about their religion. While everyone is entitled to their beliefs, I believe we’re better served by addressing complex issues through the lens of our shared humanity, not religious identity. There are countless beliefs in the world, yet most people don’t lead with them in public discourse. To truly make progress—especially in global conversations—we need to set personal...
Mentioning my identity as Muslim was just because the other person thought I am pro Israel. nothing else.
  • #79,335
  • Jun 13, 2025 2:00am Jun 13, 2025 2:00am
Quoting saal
{quote} TP1 21$ TP2 31$ TP3 41$ TP4 51$ TP5 61$ TP6 71$ TP7 81$ Total $357!!!
Keep up the good work Saal
  • #79,336
  • Jun 13, 2025 2:23am Jun 13, 2025 2:23am
GOLD OI
AND VOL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLD OI AND VOL. 2.png Size: 31 KB
Click to Enlarge Name: GOLD OI AND VOL.png Size: 30 KB
Say something meaningful or Silence!!
  • #79,337
  • Jun 13, 2025 2:31am Jun 13, 2025 2:31am
JUST IN: China says it is "deeply concerned about the dire consequences of Israeli attacks on Iran."
  • #79,338
  • Jun 13, 2025 2:55am Jun 13, 2025 2:55am
Looking forward to buy when price pull back into the zone
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 19 KB
DYOR & risk it smart ... not my call.
  • #79,339
  • Jun 13, 2025 3:02am Jun 13, 2025 3:02am
Today is a good disciplinairy exercise to not trade gold on Friday. Buying looks tasty right now, but bears like to set up an ambush on Fridays and that is not a game I'm interested in playing. It could drop top 3366 imo. I prefer fomo over drawdown any day.
  • #79,340
  • Edited 3:20am Jun 13, 2025 3:07am | Edited 3:20am
continues weekly new life gold , just got a target 3437 , now watching signals 3404/3398 and if done then 3379 confirmation for tl test 3343 . watching if able hold weekly life ON!!take care
so overall weekly bull life on 3379 support , indirectly on 3398 limit too!
earliest signal can be 3420/17 , may from above next bounce target 3428, earliest confirmation may 3407 and 14
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GOLDH4.png Size: 12 KB
Click to Enlarge Name: GOLDWeekly.png Size: 12 KB
Click to Enlarge Name: GOLDM30.png Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
120 traders viewing now, 3 are registered:
GregDavis
,
Izeey007
,
Dominicus