{quote} And i am not kidding I can write a book about
may i bother you with some questions
later on
thank you
dolce vita
- #90,281
- Aug 26, 2025 12:47am Aug 26, 2025 12:47am
- Joined Aug 2010 | Status: Trader | 5,357 Posts
may i bother you with some questions
later on
thank you
- #90,282
- Aug 26, 2025 1:13am Aug 26, 2025 1:13am
- Joined Apr 2025 | Status: Trader | 1,196 Posts
{quote} because doesnt move the world money does. im agine you want to buy electronics worth of milli9ns from china. Does factories axcept or companies accept gold And even if they dod how will you send them. Gold is physical hwavy needs protection But money is just s paper a number on a screen from you mobile you can do 100M transacrion and will get your bus8ness running. That is the fact we have to live with. Second thing after world war AMERICA created world bank and IMF to help the damaged countries through dollar. he was holding 66% of world...
I am still processing it as there is a lot of information ...
Last but not least, please keep educating us
- #90,283
- Aug 26, 2025 1:24am Aug 26, 2025 1:24am
- Joined Jun 2025 | Status: Trader | 1,841 Posts
Gold D1 Chart
Price has been ranging for months between $3,170 (Fib 0.618) support and $3,493 (supply/weak high) resistance. Market structure shows multiple CHoCH (Change of Character) signals, indicating indecision and sideways consolidation.
Key Levels to Watch
- Resistance: $3,383 → $3,450 → $3,493
- Support: $3,317 → $3,293 → $3,232
- Breakout Zones: Below $3,293: Opens room to $3,170. Above $3,390: May lead to fresh highs toward $3,450+
Gold H1 Chart
Gold is in an uptrend, but watch $3,378 resistance for breakout confirmation; otherwise, expect a dip toward $3,345–$3,357 before resuming higher.
Buy Zone: $3,345 – $3,357 (ideal retracement support)
Buy Trigger: Break and close above $3,378 (confirmation for upside move)
Price has been ranging for months between $3,170 (Fib 0.618) support and $3,493 (supply/weak high) resistance. Market structure shows multiple CHoCH (Change of Character) signals, indicating indecision and sideways consolidation.
Key Levels to Watch- Resistance: $3,383 → $3,450 → $3,493
- Support: $3,317 → $3,293 → $3,232
- Breakout Zones: Below $3,293: Opens room to $3,170. Above $3,390: May lead to fresh highs toward $3,450+
Gold H1 Chart
Gold is in an uptrend, but watch $3,378 resistance for breakout confirmation; otherwise, expect a dip toward $3,345–$3,357 before resuming higher.
Buy Zone: $3,345 – $3,357 (ideal retracement support)
Buy Trigger: Break and close above $3,378 (confirmation for upside move)
Patience
- #90,284
- Aug 26, 2025 1:27am Aug 26, 2025 1:27am
{quote} because doesnt move the world money does. im agine you want to buy electronics worth of milli9ns from china. Does factories axcept or companies accept gold And even if they dod how will you send them. Gold is physical hwavy needs protection But money is just s paper a number on a screen from you mobile you can do 100M transacrion and will get your bus8ness running. That is the fact we have to live with. Second thing after world war AMERICA created world bank and IMF to help the damaged countries through dollar. he was holding 66% of world...
))) I was amazed to see the price completely erase EVERYTHING that happened on Friday after Powell's speech. I have to admit that at first i was pretty stressed, and I had already accepted the idea of a stop loss. I was at peace with the thought: "In life, sometimes we just have to take SLs."Coming back to your last post: "Stronger currency is not good for economy and too weak currency also hurts the economy."
How do you know where the balance is? How do you know the range in which a currency can move?
How can we, as traders, use the USD/GOLD correlation to our advantage? From your experience, how can a trader identify those moments when gold starts to outperform the dollar as a safe haven?
{quote} Thanks for detailed explanation! I am still processing it as there is a lot of information ... Last but not least, please keep educating us
i am actually,
the reason is that back in 2008 and 2010,
i have learn a lot from FF those guys were real traders,
i hope some will learn and use this knowledge to hopfully build a better future for their selves and their kids.
The Ones who make it, are the the ones who Manage RISK
- #90,296
- Aug 26, 2025 3:34am Aug 26, 2025 3:34am
- Joined Nov 2024 | Status: Next stop to the top -- ShaidSk | 163 Posts
{quote} gold bullish because monthly and weekly strong bullish, so any fall or dip sudden move up, yes you can sell scalping but cant hold big target structure still bullish, and remember month end time, so sudden move up possible, what ever entry you take put proper SL small loss always good instead of account clean. rest when you find sell go ahead try 50pips -100pips and try to book profit, because one 5min candle full bullish change. month end time coming remember this
. That’s why whenever sell pressure shows up, one strong candle just engulfs it completely.
`“Edge = Faith + Truth + Patience + Discipline + Execution.”`
- #90,297
- Aug 26, 2025 3:38am Aug 26, 2025 3:38am
- Joined Oct 2020 | Status: Trader | 14,012 Posts
Insane in the Brain..
- #90,298
- Aug 26, 2025 3:41am Aug 26, 2025 3:41am
{quote} Right sir, still bullish overall. I’ll only scalp shorts with tight SL and quick TP. Month-end moves can flip fast, got it
The vampire ball is ending... Operation: Epic Escape (Paper Eagle)
XAUUSD, CRYPTO! Return Today:
0.2%
- #90,300
- Aug 26, 2025 3:53am Aug 26, 2025 3:53am
- Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts
Stay Gold