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- 973 Results (927 Replies, 46 Comments)
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Ravenfeeder replied Jul 11, 2023...And this is the reason why I believe DXY is being sold off so it can be bought for less tomorrow when the news comes in hotter than expected. If it does, as officials suspect.
Gold
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Ravenfeeder replied Jul 11, 2023I am with you, still have my sell in at 1928, you're not alone.
Will hedge if it goes up above 1940 or 1950, but otherwise I'll wait for retrace.Gold
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Ravenfeeder replied Jul 11, 2023Well done! You should be fine, also now for booking that TP you can always place buy stop above the area you took profit in, just until you have that sell out, then simply delete the buy stop order if we continue going down after that.
Gold
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Ravenfeeder replied Jul 10, 2023Thank you for your beautiful analysis! I'm glad you are alos bearish, I am waiting for 1919 to break, as it looks as if the bulls keep running out of steam near 1928-1925 (how many lines can a price test? Lol, it's obviously consolidating), but ...
Gold
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Ravenfeeder replied Jul 9, 2023We ended the week somewhat high, but still below 1925, and 1932-1938, therefore for now I am speculating it will retest 1900 if not 1892 again (it was only tested once, 1892, therefore this suspicion). If CPI comes in hot, mostly, it could go there ...
Gold
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Ravenfeeder replied Jul 7, 2023I am anticipating the same, if NFP comes in hotter than expected, which is likely the outcome. Let's see, one hour to go everybody!
Gold
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Ravenfeeder replied Jul 6, 2023Thank you for this. I myself am waiting for gold to drop further. Hopefully it will now with London open
Gold
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Ravenfeeder replied Jul 5, 2023Same here. In at 1919.2, setting TP for break even. C'mon bears! Now is the time
Gold
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Ravenfeeder replied Jul 5, 2023Legend, you're back. I'm sitting on sideline, short still in at 1924
Gold
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Ravenfeeder replied Jul 5, 2023Same here, TP hit @ 1921. Hoping to see another drop if can pierce through 1919-1917 zone.
Gold
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Ravenfeeder replied Jul 4, 2023sorry to hear about people still toying with fireworks when it isn't cool anymore. Welcome back and hope you have a better day today.
Gold
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Ravenfeeder replied Jul 4, 2023Be and rest well, Parveen, I'm gonna try and ride gold down to 1921 if possible.
Gold
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Ravenfeeder replied Jul 4, 2023TP moved to 1922, even though Gold went up a bit now, hopefully the rally is losing steam
Gold
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Ravenfeeder replied Jul 4, 2023Glad to see you're in too, dear Parveen (no pressure though), Gold is sticky today, but any drop is good for reaffirming short to medium term bearish bias.
Gold