Where did you hear this?

Only Gold!

This is going up on no volume... (possible fake out) ?

Only Gold!

I had a side intraday trade...very similar 1291 to 1285 (on the first bounce)... Now have sell limits set between 1287-88.

Only Gold!

lol...hmmm if it parks at 1281; then it will rebound tomorrow as it is a support area... and would imply a double bottom; I am still gunning for it to break through...lets see how price behaves in the 1283-1279 area....

Only Gold!

Now lets hope it moves in the direction it is meant too... Off late Gold has been notorious at going the other way

Only Gold!

Hopefully...been eyeing that for the longest time...

Only Gold!

That's the way it should be... (working on ones inner self rather than blaming a myriad of external factors) Where are your longs and where are your stop losses? be careful though?

Only Gold!

Price is bouncing off the 61.8 retracement level of fridays high/low... hence we could still be in the "AB" leg as indicated in the chart.... where we are in the middle of a 3 wave sub abc. I am not so far convinced with the volume levels though... ...

Only Gold!

Hi to you too.. were you stopped out?

Only Gold!

No problem... hmmm..maybe try demo trading for atleast 3 months... It has a couple of benefits... a) You will get confidence back... & b) It should detach you from wanting to "make money". Right now only focus on having more number of winning ...

Only Gold!

Precisely...bad nfp but good ism...hmm (what to make of that?) I'll be happy if price retraces to the 1300-1307 range again... GL!

Only Gold!

Fundamentals seem to be too choppy and mixed lately... could you have said the same about the last nfp? We had a great NFP and gold still rallied? People could say oh that was because of the war; but I don't know?

Only Gold!

Be careful there is possible hidden bearish divergence building up on the 1 hr chart... next one or two candles are going to be crucial...

Only Gold!

So I think you are saying that analysts interpret data and just take a note of it for the next time (i.e bookkeeping)... I'll cut through the chase here as this topic has gone off track from what this thread is all about... <what do you think this ...

USD/CAD

How convenient -- bang on the double top!

USD/CAD

I think you are mixing "investing" with "trading". Everything works on expectation/speculation... What do you think analysts do? Book keeping... or do they do forecasting? How do they do forecasting? There is a whole "sell side" industry based on ...

USD/CAD

I don't know you so I am not going to speculate on what you know or what you do don't know... But Everything is priced in way before the event..."it's called expectation". After that speculation starts to drive price towards that expecation; but ...

USD/CAD

I didn't say that! but I do understand what he is trying to say.

USD/CAD

Agreed! Fundamentals is what starts the process... but that instantaneously gets priced in and the charts move accordingly. However we as human beings are speculative in nature; emotions like "greed" or "fear" are patterns which consistently ...

USD/CAD

A retracement is bound to happen at some point... (nothing can go up in a straight line) & that might be a good time for those people to enter who missed out on the long entry. As far as my ew count is concerned we are still in a 5th wave extension; ...

USD/CAD