Gold

With this new law, got a feeling that gold will decline in the next Qs of the year. And maybe the following years.

Only the events occurring on the other side of the world will determine long sentiment.

For me, it's a long-term balanced market. That's why

Based on the technicals, the price seems balanced up here, I'd be expecting to see a range forming 3.325 - 3.360 and/or a break to the upside, with a potentially strong reaction around 3.390.

pressure remain down , may present opening rance 3340 to 3327 breaks down for 3314 test ! 3309 support as in HS inverted in lower tf may nork perfect but still a try possible next for 3347/67 plus towards 3400 as a last leg up apparently , may not more over 3367 as minimum correction down level 3245.36 remain no breaks to up real tries!! so up and down ranges becoming wider with increased risk and likely this month as well due usdx uncertainties at a great support tl presently . so step by step scalping in the play due random ups and down may be present with increased volatilities ! take care
https://www.forexfactory.com/thread/...0#post15300210

I think it's not pressure for down actually. It's just hunting the buyers SL before a breakout above 3450-3500 zone.

Short gold 3339 as per the above. stop going be when we get to 3328

Short gold at : 3335
Sl : 3345
Tp Open

A big range is expected today in gold.

Caution is needed.

Morning has broken by price manipulation


In the Forex market, price manipulation refers to deliberate actions taken to artificially influence the price of a currency pair, either to increase or decrease it, for personal gain. This involves actions that interfere with the free and fair functioning of the market, and it's typically illegal.

Kohn, Kohn & Colapinto LLP +3
Here's a more detailed explanation:
What it is:

1. Interfering with the market:
   Price manipulation aims to disrupt the natural forces of supply and demand that typically determine currency prices.
2. Artificial price movements:
   Manipulators try to create misleading price movements, making it appear that a currency is more or less valuable than it actually is.
3. Personal gain:
   The goal is usually to profit from the artificial price changes, either by buying low and selling high (or vice versa).

How it's done:

1. Spreading false or misleading information:
   This could include rumors about a currency's strength or weakness, or misrepresenting economic data.
2. Executing misleading trades:
   Traders might place large buy or sell orders to trigger stop-loss orders or create a false sense of momentum.
3. Using "spoofing" or "layering":
   These techniques involve placing and then quickly canceling orders to create a false impression of market activity.

Why it's illegal:

1. Undermines market integrity:
   Manipulation erodes trust in the Forex market and makes it harder for genuine traders to make informed decisions.
2. Disadvantages other traders:
   By creating artificial price movements, manipulators can harm other market participants who are not aware of the manipulation.

Examples of manipulation techniques:

1. Pump and dump:
   Inflating the price of a currency through false or misleading statements, then selling off holdings at the inflated price.
2. Spoofing:
   Placing large buy or sell orders without the intention of executing them, to lure other traders into the market and create a false impression of demand.
3. Churning:
   Placing numerous buy and sell orders for the same currency pair to generate commissions and create the appearance of high trading volume.
4. Bear raiding:
   Selling a currency heavily to drive down its price, then buying it back at a lower price after the price has fallen.

In essence, price manipulation in the Forex market is a form of fraud that aims to exploit other traders for personal profit.

Closed at 3342 at start of the day and Expecting upward movement from 3331 ⇒

Sell gold until 2076
Trump to sell 20% of gold reserves to pay debts

2076 - is that price or time?

prefer the price personally don't think ill be around that long

Especially with a user name like that !!!

Possible 8R already

Almost 10R... or break even hmm

but may be

closed at : 3324(+110pip)
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Long at : 3324.50
Sl : 3316
Tp : Open
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bears over target