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- Ravenfeeder replied May 29, 2024
Agreed with Mr Axelrod I have a sell at 2331, my highest sell. Will be nice if we can finally go beyond that crucial level. Edit: Also where we are right now, 2340, is important, as it is the previous day's low, so could go up again, but the ...
- Ravenfeeder replied May 29, 2024
Just like you are saying. Safest strategy is still Buying on dips, until things change in the market, a proper shift. I have traded down until 2253, but once reached, I will only Buy on dips.
- Ravenfeeder replied May 29, 2024
I would love to see us smash 2300, but it is far away, and we have to get past 2325, the weekly low, and then on the daily, 2303 is where the 50-DMA lies, plus 2300 is psychologically important. So we can expect a bounce there, hopefully just a dead ...
- Ravenfeeder replied May 29, 2024
LOL, I hope he's right. Been staying out all week, as I do not trust the bullish run we've had. Could've made some dough, but I don't want to buy high and be potentially stuck when this thing drops. Glad there are others here who think we will be ...
- Ravenfeeder replied May 24, 2024
Thank you for all the valuable advice given here. I am staying out of Buys, have a feeling it is just to trap Bulls, pretty sure also we will be dropping randomly at some point, especially if US data can come out strong today (more than likely, ...
- Ravenfeeder replied May 22, 2024
Or we can go lower, to another strong point, 2371?
- Ravenfeeder replied May 21, 2024
I Am asking the same, but knowing Gold, it's been a dick, and will take its time. As long as the top in for now, it will be great.
- Ravenfeeder replied May 21, 2024
Yes I hope this happens! All the bullishness is making me sick, and the market has to rebalance itself eventually. The hawkish banks around the world is helping. Hope we can get a daily close below 2388, or better the weekly, the. We can see some ...
- Ravenfeeder replied May 20, 2024
Excellent bearish effect we had lately. Hopefully the new Jefferson FED talk will soon also have it drop further, or if people jump into Copper? Also, If the Daily candler stays like it is now, or turns a bit red from dropping a bit lower, is it ...
- Ravenfeeder replied May 20, 2024
Finally the drop! Can we see below 2400 today? That would be hella bearish!
- Ravenfeeder replied May 20, 2024
Thanks fontu! No signs of going down yet? sigh...
- Ravenfeeder replied May 20, 2024
The day Gold drops below 2400 it will be a great sigh of relief. Too sketchy to buy this high
- Ravenfeeder replied May 20, 2024
Thank you for all your valuable insight. I really hope we start dropping sometime
- Ravenfeeder replied May 17, 2024
Can we expect the drop yet? Will be bad if weekly and daily closes above 2400, for bears.
- Ravenfeeder replied May 17, 2024
Holy smokes! For real? It would be great! Last month's monthly candle... Is blue/green, even though it has a wick, it doesn't look bearish to me.
- Ravenfeeder replied May 17, 2024
That will be one huge drop, but will be great. What do you reckon would make this happen? Profit-taking + Hawkish Feds (reiterating that rate cuts won't happen as soon as the market anticipates?)
- Ravenfeeder replied May 17, 2024
Good day everyone, seems like we are up again, I have no clue what Gold wants to do anymore. Let's hope the Fed speaks today brings Gold down to 2350, and that some heavy profit-taking will happen
- Ravenfeeder replied May 16, 2024
I'm short at 2385, this f*#er must fall
- Ravenfeeder replied May 15, 2024
In broader sense or higher TF yes, but he called that price because then it will be break of structure, which can now be 2382 as we moved higher, but 2376 will be even better confirmation for going selling short to medium term at least.
- Ravenfeeder replied May 15, 2024
That is very true, except if everything crashes. If you look at Gold through the decades, it has mostly gone up, therefore ultimate way to trade it is buy-the-dip, almost always, except of we are hiking rates again. I mean, there are gaps on higher ...