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ChiForex replied May 22, 2025Bears have to drag GU down to 1.33 first by tomorrow. EU bears to 1.1250 first followed by 1.1170s
Cable Update (GBPUSD)
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ChiForex replied May 15, 2025Obviously, Gold started bearish on long term trend with 3500 Top. Tackled monthly first support ~3120 then bounced to weekly lower support ~3180(now resistance) Now bears trying to end the week by basing price below there to tackle again ~3120... ...
Gold
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ChiForex replied May 15, 2025As said, 1.3250s got tested again, bears will have to base price below to attack 1.3140 again, and down to 1.3120(strong lower weekly support)
Cable Update (GBPUSD)
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ChiForex replied May 14, 2025Good short positions for GU nd EU at today's highs..and current market price.
Cable Update (GBPUSD)
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ChiForex replied May 14, 2025Bears should tackle ~3180 and try to base price below it this week.. the lower the better. Though till now seems price is hovering btw 3275 and 3180 to end the week so... Let's see
Gold
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ChiForex replied May 14, 2025Good short positions @~3275 if price reach there again this week.
Gold
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ChiForex replied May 14, 2025GU retraced from the weekly lower support, still we're in mid-week..first support to test again is 1.3250s
Cable Update (GBPUSD)
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ChiForex replied May 14, 2025I didn't mention weekly chart. It's monthly analysis.
Cable Update (GBPUSD)
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ChiForex replied May 12, 2025The market will retreive back all gains vs $ from the time Trump started the tariffs.
Gold
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ChiForex replied May 12, 20253500 looks to be the TOP on the long term, same for currencies vs $, and price is falling from here.. 2000s is the only strong support.
Gold
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ChiForex replied May 11, 2025I'll be looking this week at ~3185, followed by ~3125 possibly. Based on price action from there will determine the more lower levels.
Gold
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ChiForex replied May 10, 2025TBH better stay on Gold trading, it has historical basis..while BTC is almost like pure gambling. And I don't trade or recommend scalping, if for begginers or pros, stick to higher time frames D/W/M.
Gold
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ChiForex replied May 10, 2025Somehow my thoughts but not that dramatically, it will need time like on the long term.. Add to it EU below parity....
Gold
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ChiForex replied May 10, 2025You can vote at PAGE 1 first post of this thread, no need to quote the above if you're not explaining a point of view...
Gold
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ChiForex replied May 10, 2025Folks, I created a Poll : Where do you think Gold price is heading by the end of 2025?
Gold
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ChiForex replied May 10, 2025Easy to generalize but if we look closely at Gold historical price movement vs the $ Index, you'll all notice the almost nonexistent negative correlation since ~2015. There was a hidden divergence that got exposed... Now, I'm betting on another one ...
Gold
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ChiForex replied May 10, 2025Obviously, Gold like EU GU and others vs USD are moving fundamentally not technically. If it be the latter, Gold has a 1000 pips retrace down on monthly. On the long term, still $ is in a very good position from current market exaggerated price, for ...
Gold