Market may correct now
Just be cautious
Just be cautious
1
Make More Money - Eliminate DRAMA 11 replies
Just posting my trades, everyone is welcome but no drama 2 replies
DislikedGreetings, traders!Here are my thoughts on Gold (XAU/USD) for the upcoming trading week. Patience and risk management remain the priority. As always, this is just my personal market outlook—not financial advice. What are your thoughts on Gold this week? {image}
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Disliked{quote} there goes my targetprice will prolly fall to 3975 we just dont know how torturous a path it will take to get there LOL but prolly by end of this week
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Disliked{quote} there goes my targetprice will prolly fall to 3975 we just dont know how torturous a path it will take to get there LOL but prolly by end of this week
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Disliked{quote} IMO 4022 is not a key level, 3999-4007 is the key level which should be hold for 4060-70. I think most of us did not see long term key levels which we should watch closely like if 3999-4007 not hold then we will see 3874 and remember this will be last main support for gold because after this we have not strong support till 3450.Ignored
Disliked{quote} price of money = demand for usd. xau/usd(usd up, gold down) {quote} skewness still tilted towards IV for puts {image} but it is falling. borrowing fees not yet exploded where folks are rush to short {image} like it did in late oct and early nov 2025 at swing low. CME positioning {image} while price move 0.49% yesterday OI falls by -0.75% = short covering. As june contract expires rollover into aug and oct, traders were forced to sell on jul 1 asia session. so squeeze mechanism get triggered. SHFE Positioing contract AU2608 {image} AUG contract...Ignored
Disliked{quote} there goes my targetprice will prolly fall to 3975 we just dont know how torturous a path it will take to get there LOL but prolly by end of this week
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