trade like the 5% contrarians not the 95% losers ![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Dislikedso whats the consensus about russia so i know if i should fade it or notim thinking the dollar will get bought up big time but also some gold by the toothless geriatric crowd that listen to those gold commercials on right wing radio and tv
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DislikedGold had its peak on 2100. I think its before the summer starts. So during the summer, we rarely see a trend changing. Have fibonochi retracement from 2100. Then you will see that around 1890 area has the 61. I have been selling gold from 2100. It had around 2 weeks of ranging from 1940 - 1965. But, range got broken after the USD rate hike. So i'm still on bull side thanksIgnored
Disliked{quote} Hi Zebi, lol you sure have a sense of humour! I also think some peeps will buy Gold, but, maybe Gold will drop due to Dollar as better safe-haven due to the fact that the consensus is more rate hikes and/or no cuts this year, which weighs on Gold. Plus, it's kind of just a Russian rebellion, and them taking out their trash, not world war 3, so maybe this won't have people buying Gold. We will have to see what the new developments in news are by Sunday evening, and looking at the charts technically, Gold did make another bottom at 1919, but...Ignored
Disliked{quote}Hi Ravenfeeder! I wish for your gorgeous weekend. Lets discuss gold upward or downward move with some facts that can not be negotiate. I am also a trend follower and if trade against the trend then only some small scalps. But at present the scenario of the GOLD is different for different traders. First of all .....on Friday price almost make the low @1910 but not touch the long term liquidity that was only $3 so far from this low but it reversed aggressively and start attacking short term liquidity again. I was also expecting price to grab...Ignored
Dislikedhere's a 6 month chart ....i think price will range within those 2 lines for the nest 10 years {image}Ignored
DislikedLooks like the Russian mercenaries are going to be stirring it up, Gold most likely going to drive quuite aggressively back to the high 1970-2000 area. a shame because we had only just managed to break out of that range and now we're going right back to it.Ignored
Disliked{quote} Which side has more untested areas; above the closing price or below ?Ignored
Disliked{quote} Weekly-1941,1865,1797 In 4H- short term untested levels @2002,1977 &1946 and long term levels 1854,1835 & 1821 Daily- 2006,1919,1914 & 1854 Hourly- 1912,1946,1948,1976,1978,2005 5M-2036,2016,2004,1991,1982,1978,1955,1950,1934,1928,1916,1914Ignored
Disliked{quote} On what basis are you saying this? At the moment its just an internal issue of Russia which is more likely to be crushed by the government. Don't stir panic without giving proper reason for your analysis.Ignored
Disliked_________________ Plenty to do with XU IMHO = https://www.gbnews.com/news/world/pu...alcolm-rifkindIgnored