- Search Energy EXCH
- 55 Results (1 Threads, 54 Replies)
- azizk20 replied May 25, 2023
Long-term outlook for gold is getting bearish due to positive real interest rates. Moreover there is a monthly shooting start candle formation in process, if it completes by the month end, will be a big bearish signal for a trend change.
- azizk20 replied Apr 27, 2023
It seems gold is ready for a significant medium term decline after failing to sustain above 2000 level.
- azizk20 replied Oct 6, 2022
Market sometimes behaves which doesn't look logical, that's how the old saying, 'market is always right'. I still believe market will return to it's normal downward course once the dust of so many different variabled settles.
- azizk20 replied Sep 29, 2022
I'm still selling rallies. I think bullish price action is due to profit taking. Overall scenario still not changed... very bearish.
- azizk20 replied Sep 26, 2022
Though I'm already short, will not mind adding more if it corrects upwards...
- azizk20 replied Sep 25, 2022
That's a good idea my friend. Possibility of an upside correction is there on Monday due to oversold conditions.
- azizk20 replied Sep 24, 2022
Weekly close below yearly low, confirmed the bearish days ahead. Now drop should be quite fast and furious
- azizk20 replied Sep 23, 2022
Nicely setup for the downwards journey. Should go down past 1500 level in the next week or so.....
- azizk20 replied Sep 22, 2022
With hawkish Fed, and supporting technicals price keeping below 1700, big decline should start any time soon. Lets see how long it takes....
- azizk20 replied Sep 21, 2022
Yes, volumes are down, not much happening before rate announcement. Getting ready for big moves post announcement probably.
- azizk20 replied Sep 17, 2022
I think gold will move down significantly next week before release of interest rate announcement and on the news it'll bounce back to some extent.
- azizk20 replied Sep 15, 2022
Nice to watch gold dropping nicely as expected. There still room for further downside
- azizk20 replied Sep 15, 2022
In current scenario selling rallies caused by some news items or technical reasons, is a good idea. With hawkish fed and supporting cpi numbers, odds are more in favour of a big drop from here on, which may happen anytime.
- azizk20 replied Sep 7, 2022
As US Fed is determined to bring inflation down by increasing interest rates, my view is profoundly bearish for gold in the medium term. In short term it may show high volatility but medium term (2-3 months) view is very bearish. USDX should move ...
- azizk20 replied Jul 4, 2022
Yes. I think gold looks set for a big drop from here. 1600 is possible in medium term in my view as fed is determined to take inflation by it's horns.
- azizk20 replied Jun 25, 2022
Yes agree. With fed determined to tame inflation by increasing interest rates, outlook for PMs including gold remains bearish in the coming days.
- azizk20 replied Aug 11, 2019
Thanks so much for the detailed explanations. I'll surely follow and try to grasp the method.
- azizk20 replied Aug 10, 2019
Hi 9jatrader I'm new to this thread. Your strategy seems interesting. Can you guide me a little of i want to understand the strategy and its different variations, which are the main pages i should go through, so that i can get a quick summary of ...
- azizk20 replied Mar 24, 2017
Hi I m looking for an ea based on gap up or down opening on daily/weekly chart of stocks. Broad rules are look for gaps(variable) in opening and then price should move in the same direction as gap for initial period first hour or so then price ...
- azizk20 replied Mar 24, 2017
Hi Khalil I m looking for an ea based on gap up or down opening on daily/weekly chart of stocks. Broad rules are look for gaps(variable) in opening and then price should move in the same direction as gap for initial period first hour or so then ...