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- 973 Results (927 Replies, 46 Comments)
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Ravenfeeder replied May 8, 2023yes, quite a quiet monday on the news front too... gold is fat and overworked after last week's activity, and waiting for a new catalyst. It will be interesting to see if NY open will have Gold break above 2025/2030, or drop, towards 2010 at least
Gold
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Ravenfeeder replied May 6, 2023yes, maybe a last grab at ATH and then the big red weekly candle starts the descent? Hmm...
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Ravenfeeder replied May 4, 2023sorry about that! Let's hope the bearish reversal starts today, or most likely tomorrow, if we don't break into new cyclic highs.
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Ravenfeeder replied May 4, 2023I am also hoping Gold will start going down, peeps maybe taking profits, cod it's really high now, retailers not happy, and double top could be in place... Just depends what the ECB rate hike news will do, maybe even triple top, then down?
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Ravenfeeder replied May 3, 2023Hi master, thanks for your insights, Praveen also mentioned this in a way, but appreciate this highly
Gold
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Ravenfeeder replied May 2, 2023Will be interesting to see what happens, so far it looks like it wants to challenge 1990 (20-day MA), but I have a feeling it still wants to touch 1995 or 2000 lastly again, but I could be very wrong.
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Ravenfeeder replied May 2, 2023Ah well done Parveen! You're highly inspirational! Thanks for always putting so much in daily! Have a great rest further!
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Ravenfeeder replied May 1, 2023I agree, have buy in at 1980, I think market is looking for value before going up again, which is hopefully this level, or 1975.
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Ravenfeeder replied Apr 28, 2023Have a splendid weekend and thanks for your insights whole week, Parveena!
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Ravenfeeder replied Apr 28, 2023Same here I could be wrong but Gold is holding nicely above 1980, and I think it is waiting to go up, at least to test 2000 again, especially after yesterday's generally soft USD news. If today's PCE comes in soft, again, I can imagine Gold going ...
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Ravenfeeder replied Apr 26, 2023Murugesh you're on fire lately! Now to decide whether Goldspot will continue to climb, or start it's descent, seeing as we all know about that gap near 1950 that still needs to be filled...
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Ravenfeeder replied Apr 24, 2023I concur, it keeps hitting a wall at 1985, so let's hope Gold runs out of steam and slips to 1969 at least. Medium-priority news should affect it, seeing as it's Fed blackout period.
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Ravenfeeder replied Apr 20, 2023I agree with Parvena... See how treacherous XAU is, even though 2011 is strong and holding, let's hope it drops again, or wait...
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Ravenfeeder replied Apr 20, 2023Don't be fooled by Gold, she can be treacherous and turn on you anytime, but I really hope down is in the pipeline. Up is just too risky now. Trade safe, loving the chart and analysis!
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Ravenfeeder replied Apr 20, 2023Best of luck, Christian! I feel you, I tend to do the same, but I have burnt my fingers a bit so I am on the sideline until it goes above 2010 or below 1990
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Ravenfeeder replied Apr 20, 2023H'mm, maybe I will buy if it establishes above 2000, which is strong. I'm not falling for bull traps again. Focus is on rate hikes again.
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Ravenfeeder replied Apr 13, 2023Hi Isabella, I don't think you'll find it here, or even on MT5 (I've looked), but you can have it as a separate tab or webpage: url Take care
Gold
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Ravenfeeder replied Mar 31, 2023I agree with you, dear Parvena, 1975 strong, and data was soft. and DXY is struggling
Gold