Gold with No Drama

I closed all my long positions now. It doesnt reach what i thought. Now i will keep my short positions from 4570. Maybe until next week before wednesday.

Taking Buy on Gold, i saw the divergence on cvd, with the price, also the break of the MSS not so good, i think the market gonna pullback again, but i could be wrong

we just donated to the market

it's simple.., to confirm down move - 4550th to break

reversal coming now in the 50s. back up to 80s

nearly full tp
1:3 done
booked
done for the day
see you in tokyou

When gold up again

Gold Holding on the VWAP, and still the bullish pressure, seller aggresive to push the market to the downside, but as we see the price failed to go down, so i think it will be going up again, to the other liquidity, im afraid that the seller will be trapped, because in 1H it already in the demand zone

Hi
Me still think for up trade

The Price still holding on the VWAP,

Hello guy so the support 4500 hold 4510 was not bad well took its time

but now its time to leave the GOLD 4470 is 60$ move
could not risk it NFP is tricky and this time
we have economists ouldnt even agree which way the Dollar will land,
it may get stronger on the basis that conflict if persists for another few weeks
fFED will be in real tricky situation,
they cannot lower the rate and trump is not happy and in the end logic almost always loose to POWER,
.
and on the other hand if resolved could bit the dollar but it will good for stocks,
which actually every one wants, that could take gold back to 5,000 and beyond,
.
and then there os WGC
who has been warning people about frist time in history of gold,
it maybe farming a bubble, the fair rate phenominan
in theory suggests sooner or later it always cones to the fair rate, adn 4500 or 5k is not fair accoring to survey from top economist reply was GOLD is too expensive,
the over bought and simple logic could trigger hard sell towards 3500 which 3600-3800 is what many economist suggest could be the fair rate,


The yen ::
BOJ denied the claim they intervened in the market to stop the bleeding,
but one post where admits to be ready for for an 8nusual movements from 18april suggests they did,
whether they di or not, 160 seems to be the tipping point for the yen..
and today reversal suggests big players will pick the stop above 160 could hit 161 before resuming,
do not be in hurry to think that this time it will happen at 160 its not the level BOJ cares about but the mov it self.
another above 1%2% will e the trigger BOJ needs to intervene

what i did i never predicted the market it is useless,
because then it becomes real seeing is believing, human mind is amazingly always craves the positive,
and that is when perception meet reality,

retail traders are given the typo the hope The reason to exist: yes it is possible, it can be done,
and since 1694 east india company the shift in market or the hard rest of 1980 and 2008,
has been more damaging,
studies conducted untill today suggests that the damage always out weigh the returns,
ti took you 10 yearsto save money and bought property, and 10 years of sleepless nights worrying, feeling the pressure in your brian,
and all it took was one bank to trigger the hard sell and 17T Trillion Dollars were lost,
,
the boys call it transfer of Wealth,
those who saw the bubble i ddint honeslty i was new but those who did made millions billions,
i was hired right after the crash,
and market is trumbling all we did one thing,
buy its cheap, just buy,
big money was never in the buy or sell,
it is allin the waiitng chalie munger said it perfectly,

but what i like is this "when there is blood on the street Buy property" old roman saying still valid chaos is currency,
make them believe, make them affraid, and even after loosing everything,
the people will be happy to be alive,
create a panic and trigger the sell

and few people ready to buy when other are in panic selling, that is the time to buy,
and you will be rewarded soon
..
..
the thing is my mentor never said i will teach you trading teach you fundamentals,
he only said i will teach you how to be a think like one, you will become a trader automatically,

second biggest lesson
the gamblers choice, the steaks are higher, the risk is lowered,
but it is a betting when you buy or sell you bet it will depo
but its better to learn TO THINK LIKE ONE,

1h is telling 4547.61...
My measures not always are correct, but is what i am expecting...
No financial advice.
Only come home now, not so much time to look to big pictures...

Dang, over 2k pages now - guess I should join the party here

was the only trade for the day, in hindsight was a bad one and a very very lucky one lol

4556.28 is now a level, intermediate but still a minor level.

Screenshot is from last week but the bias still stands, Warsh set in motion a big move bro probably doesn’t even realize

What was the testimony about?

About his plans as fed chair, most see him as a political appointment congress didn't seem so impressed, bro tried to show a neutral stance but came off hawkish atleast markets seem to think so dxy rallied hard, still rallying, he might play into DT's agenda to chop down rates tho gotta wait and see

yeah the price went above 580 but it didn't actually close there it came back down and closed BELOW it

Attached Image (click to enlarge)

hope that clears it up

some necessary information to read just to know what is happening