Maybe, but do you really think the US Retail readings are gonna be strong/positive? Maybe it won't be, and then Gold will go back up to test 1735 until the FOMC meeting/Interest rate hike next week? Really keen to see when the "capitulation event" ...

Gold

It has been playing games with me all day too... I have a feeling the Michigan Consumer Sentiment will help it get some direction, as I have noticed XAUUSD tends to be quite sensitive towards it, and being the end of the week, and the final import ...

Gold

Yes I believe if the reading is soft, which is probably will be, after yesterday's soft readings, it should push Gold up, perhaps past 1806, to 1810 - 1824

Gold

Hey I think you're right, considering we have broken through 1800, haven't re-tested 1786, or touched 1780, and we have also haven't closed above the previous daily candle, and the weekly doesn't look Bullish either. I think there might be some ...

Gold

Heavily so, yet a newer low has (almost) been tested, 1800, so perhaps Bullish until the rally fizzles out, maybe 1820-22, then drop to 1800 to test it thoroughly, and MAYBE drop through eventually, due to liquidity being sapped out, and ...

Gold

Well done @Profit1986 and @aahmad29 ! Seems like peeps are owning the orders today! Just curious to see when it will tank... or rally!

Gold

Don't worry man, I've realized how good your analyses are, and you have seen how Gold can easily go through the 200 DMA, it could tank soon...

Gold

Haha I rather won't, I see new red 30min candle, and DXY might have found support where it is now, and 10-year looks like it might ascend again but let's see.

Gold

Lol, that was 3 hours ago, what do you reckon now that it has shot up to almost 1970? It could break through and maybe touch 1875 before starting its descent for tomorrow's NFP release? It's surprising to see it still go up after all the hawkish ...

Gold

Haha, your guess is as good as mine. There's too much noise at this level, it's like a tug of war. Will be interesting to see towards which way Goldspot will breaks out.

Gold

Yes I think most of us didn't expect this to happen, but perhaps it will have to reside in neutral zone for a couple of days before tanking again, especially with the FOMC minutes next week...

Gold

Not bad-mouthing the astrological points, it is very interesting, although I simply thought that forex is man-made, and controlled by our actions Today looks interesting! First it was speculated that it would be a day for deep correction, yet now ...

Gold

Check what out? Astrology has got nothing to do Risk Management, nor luck.

Gold