It looks that it is before Asia open. Some brokers widen their spreads (ask-bid difference) at that hour (before Asia open after NY close). Future markets are closed at that hour also. Very low liquidity -> higher spreads.

Gold with No Drama

It looks something wrong with this broker. I don't see any wick like that at my future accounts.

Gold with No Drama

Already nice profit. I would take it. Gold has dropped already until 4520s from 4580. Any positive news/speculation/rumour regarding Iran war can erase all profit. Last week those news usually has came at US session. We have started with negative ...

Gold with No Drama

TPed at 4538. Although last hour candle was promising, I closed early due to US drone hit news. I will wait to go long again from lower prices at 4520s or 4510s maybe.

Gold with No Drama

We dropped from 4580 to 4520s today and it seems that down movements slow down at hourly, so I expect some up retracement. But gap can be totally filled before going up again. This is risky trade and can fail considering still big gap at stock ...

Gold with No Drama

Long at 4535 with target of 4545-4550. Edit: not a recommendation and indeed risky trade considering still big gaps to be filled at stock markets. I just wanted to risk because already it has dropped a lot today.

Gold with No Drama

If still not clear, you can also check below posts to understand why: url url

Gold with No Drama

Why Gold Is Failing as a Safe Haven https://www.investing.com/analysis/w...aven-200677588 Why Gold Is Not Acting Like a Safe Haven Right Now https://usglobaletfs.com/insights/wh...ven-right-now/

Gold with No Drama

Gold futures market (CME) will have a trading halt at 12:00 PM CT (central time). So, probably most brokers will stop gold trading from that time until 5:00 PM CT.

Gold with No Drama

Because statistically closing gaps are not bad idea, especially if closing direction is aligning with your overall bias. I like to close gap down openings at Gold but having difficulty in closing gap ups due to my overall bullish bias regarding Gold. ...

Gold with No Drama

I like to see gap downs at Gold and SP500 to go long with mind in peace (usually). But, when gap up at weekend openings, it is difficult to trade for me. It is not easy to close gaps with shorts, because I don't like shorting those 2 instruments. ...

Gold with No Drama

Nowadays, Gold is best asset to lose money. Especially if you trade futures and can't hold it overnight, I mean if not swing. Trading SP500 can be safer and more predictable. Also it has enough volatility, not like boring major FX pairs.

Gold with No Drama

It looks no concrete solution yet to Iran war at US-China summit. Optimism at Gold is fading and it is sliding down, and USD is getting stronger. It can be bear trap but daily Gold chart looks quite bearish also. 50 MA line has capped up movements ...

Gold with No Drama

If US-China summit become successful and produce a solution to Iran war, it would be Gold bullish considering the patterns during the war (except first day of war). At begin of war Gold has surged as a classic safe haven behaviour then collapsed due ...

Gold with No Drama

I caught some pips with longs from 4740 to 4760s at early Asia. Now long again from 4730 with the aim of 4740s only.

Gold with No Drama

It seems that they will pump up to 4800 before US-China summit with the hopes of solution to Iran war. Now, daily/weekly charts are also in favor of bulls. There were tough bear traps on the way and can be still some shakes.

Gold with No Drama

Shitshow continues. It looks that SP500 and Gold want to climb back up after Trump's last tweets which are saying that ceasefire in effect ( url ). It looks that both sides don't wanna escalate. I caught some small long scalps in both and now ...

Gold with No Drama

I am quite pessimistic about peace in general. Imho, there is high chance of WW3 in a few years. But, there can be some sort of agreement at Iran war before Trumps's trip to China next week (it will be on 14-15 May if I m not wrong).

Gold with No Drama

url My risky longs from asia open TPed (from 4555 to 4565) thanks to this news. So happy because it was sliding down and seemed not promising

Gold with No Drama

Sure that NY has most volume, but Asia provide also nice predictable movements at many normal days. But banking holidays at Japan or China or both make things difficult, at least for me. I trade usually at Asia session because NY looks more ...

Gold with No Drama