Gold with No Drama

very high risk setup today. for both sides. So just scalp or stay out.

Just wait some time.

By time I mean months and years.

Commodities will go up eventually once the world stabilises or should I say if....

Silver especially, silver is being used for everything - batteries, production such as electrics and many others which we are in this day an age where production is taking plays every second and volume increasing by years coming by.

Silver is much more common than gold which is a fact.
However demand plays a massive important factor.

PC RAM for example. You could buy 16gb of RAM for maybe £70 which now costs 5x as much due to demand for AI.

Silver will definitely become one of them.

Only a certain amount of silver is being mined a year (millions of tonnes) but once that demand is flown through the roof price will increase.

Just have a think about this for anyone who actually thinks gold will tank below 4000s

I personally don't trade silver myself but I know how important it is for the economy and with rapid technological development

4453 you mean, no it should take 4467 and go up else doomed

even though oil is falling gold is messed up. need to change pair

Oil below $100 doesn't seem to have an impact on gold.

i want to share my way of thinking: I know there are many big guys who want to stop out the normal thinkers -> „ohh it goes up i need to go with it and put stop loss at a big low some days ago“ „gold is always strong and now its not going to drop anymore because its gold it was always worthy since thousands of years i should buy because its so cheap right now“ i hope you understand what i mean. so this 4453 low on may 20th is not that far away and a easy thing to trigger SLs right? it would be smart to stop out the buyers, then go up to fill the FVG of May 15th candle and stop out sellers, and then drop to sth like 4500. Often if i think „oh now i would not sell bc we have taken out a low“ so i buy. but then i get stopped out and often it dropps to the other lows (there are some lows right now 4465, 4453, 4357 etc.) so i would use my ‚lvl 1 thinking in which i think i should buy‘ and use lvl 2 thinking to exactly do the opposite of lvl 1 thinking and not losing money. Because if something seems realistic to happen, everyone does it and most lose money because the unrealistic happens. its much theorie i know but maybe keep that in mind. the last days few days the gap was there and everyone said „it its going up we should buy“ and take out 4665 etc but i still sold and made my first 3k from 800 at age 17. so lmk what you think about my thoughts and appreciate you reading it

Respect.

From looking at the daily $4100 is a legit area major support, and even 3885. How the war has made gold fall in price is crazy! But that’s market manipulation for you mainly at the hands of trump! For his own benefit and big players benefit. And with those levels that would completely throw retail traders off and is that what they are trying to do scare everyone and rally it to $5600-6000+. But respect to you dude great work at 17 years old keep it up

I think before it drops, it will fill 15 min FVG

Now...collecting pips...money

Buying here... Trump, please mercy on me today. thanks

God has listen to your voice

i closed my sell position. i think next it will take out some highs and fill FVGs but we are still bearish and going to take out lows.

damn, i hope u survived

Lows taken, please exit your shorts time to long soon

yeah..... not my day

if you are a newbei in this thread only take a signal if it aligns with your edge or else yo go cry to your mama

booking some 4444