No attacks just gold trades/analysis

Quoting GreatDee

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I don't think gold is going to 4400 or 4500. Gold is fundamentally and structurally bearish, as it's been since January. The FOMC, CPI and NFP zones will only be broken when a weaker USD data is released. For now, it's best to just wait for strong zones to sell from. The major fundamental pumping gold is the ceasefire. Apart from that, it's just a mere pullback. All the best

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Quoting TraderDXB7

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{quote} can we bring SL above 4190?

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Quoting canyouu

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{quote} sl at 4213 and tp should be at 4150

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Quoting SomeProfit

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{quote} Good call for sells, jump in now also

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Quoting mloistianto

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its a good rr for me so i sell @ 4202 SL 4215 cheers

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Quoting Amrb77

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{quote} quite risky to get in between now. As it might retrace to 4190. Might jump in the sell train if it touches 4190. If not, will sit out this trade.

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Quoting GreatDee

Disliked

I don't think gold is going to 4400 or 4500. Gold is fundamentally and structurally bearish, as it's been since January. The FOMC, CPI and NFP zones will only be broken when a weaker USD data is released. For now, it's best to just wait for strong zones to sell from. The major fundamental pumping gold is the ceasefire. Apart from that, it's just a mere pullback. All the best

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Quoting canyouu

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{quote} Gold is bearish long term and I talked about yesterday that it might not even buy long term the rest of the year, b it doesn't mean it will just be selling every week because monthly upwards is still bullish so as you're saying the buy is just a pullback which I agree that it would start selling again when you look at weekly downwards, someone who is also looking at monthly upwards will say the sell is just a retracement/pullback and he will be right as well

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Quoting canyouu

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{quote} so even though it's bearish it doesn't mean it won't have significant buys, when market create a lower low it's mostly retraces up to create a lower high then a sell confirmation before the ideal sell resumes again and based on what I'm seeing we are likely to buy more first to 4400 or 4500 without going below 4120.

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Quoting akhunkhan

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{quote} Great Analysis bro. Should we still hold on to the current trade till it hits the TP?

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Quoting canyouu

Disliked

{quote} sl at 4213 and tp should be at 4150 {image} sl at 4213 and tp should be at 4150

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