Gold price is moving on forexfactory and is currently at 4703. Where are they getting their feed from?
3
- #44,021
- Apr 3, 2026 3:04am Apr 3, 2026 3:04am
- Joined Sep 2017 | Status: Trader | 11,223 Posts | Online Now
- #44,025
- Apr 3, 2026 6:15am Apr 3, 2026 6:15am
- Joined Jun 2013 | Status: enjoying life | 23,848 Posts
- #44,026
- Apr 3, 2026 6:37am Apr 3, 2026 6:37am
- Joined Nov 2024 | Status: Trader | 5,210 Posts
{quote} NY still respect that supply....and new demand create as well....If you guys trade others pairs...just makesure to adjust your lot size when trade gold back...unless you wanna a surprice lol
A 4h break above most likely will seek yesterday high and then really create a strong strong 4h demand at 4672.650.
There are a diferences between a failed fractal break that make ones strongers than others... That is in fact not had accumulation and is where we are now in my perspective of price action.
Resuming, bears or bulls think that can grant any short term bias, sorry guys you are wrong, price is really unreading and only monthly is truly keeping his order flow...
Wich make sense since we all know what inflation will be reflected in the future at gold, war is just a motive to them buy cheap..
Many times i said that monthly is my true bias long term, is a way less exposed to noise and fundamentals theories that one week is one thing and in the other already changed...
Safe trades.
- #44,029
- Apr 3, 2026 7:08am Apr 3, 2026 7:08am
- Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts
Stay Gold
{quote} but the drop wont be much it will either recover instantly or will come in range i have gone through a report nfp published by scotiabank so its not what it looks like its well elaborated their why this pump in dollar is short term relief simulatenously short term dump in gold ( as per my analysis)
