Here is a good spot for possible bounce. It could start soon. But the US cash opening now, lets see how it goes, but the overall trend should be HIGHER!

Gold with No Drama

Market Makers looking for Liquidity. We will likely go higher.

Gold with No Drama

Wouldnt be surprised to see $4100+ Not only did we get -32k NFP, but also revision was a lot lower from +54k to -3k.

Gold with No Drama

-32k NFP will DEF change this analysis. Gold will move higher on this. Especailly with governement shutdown, and possible no more data to look at.

Gold with No Drama

I agree! Lets see!

Gold with No Drama

Remember this? Here is how we got here. 90% of the position close in profit, and move SL to BE. Ill hold 10% just in case it wants to run. But ~3847 could be all for the day. 3.3% return on the day, I cant ask for more than that.

Gold with No Drama

Getting ready to TP! Get ready! No Drama trade here...

Gold with No Drama

For those EWT peeps, here ya go. SL under wave 2, and tp at 3 and 5 -Marv

Gold with No Drama

Looks to me that market got manipulated to stop out the longs. If you look back, it took out 3 previous swing lows. #feelsbadman This is my expectation, likely to return to ~$3847 -Marv

Gold with No Drama

So far, so good. Now, we just need to stay above. If we dont hit it today, we should tomorrow. With the possible "goverment shut down." - Marv

Gold with No Drama

When everyone is bullish in a post, I tend to take the other side too, or at least look for a scenario for the other side. I try to be a contrarian as much as possible.

Gold with No Drama

Here is my analysis. Gold respected the 1.5x ADR already, might do it again. Next stop could be the 2x ADR. @Papatya, anyone who knows Elliott Wave Theory, knows that you cant say that the extension is complete. That is just a guide. It can extend.

Gold with No Drama

Yes, ALWAYS!

Gold Analysis

Im watching for that 2663-2666 zone to reject buyers for a short postion. Here is what Im watching:

Gold Analysis

Beautiful trade. I was following it this morning. It was inline with what I was trading. I was got in a little later (slighly better entry) and out a little sooner as my trading system told me too. Keep up the good work!

Gold Analysis

Most importantly, its RETAIL that is short. From the data that I have its only 65%. But thats still fairly one-sided. So I doubt it will last. Im getting out of my short at 1.07721. Then I wait and see how the market reacts.

EURUSD only

Still holding this position? I just opened a position. TP in the ~1.37

USD/CAD

This would explain why the market isn't moving lower faster. A lot of interest to keep prices over these points. Should move lower as these options run off

EURUSD only

I have been saying this same thing for over a year now. Almost all of the US debt is issued in non-inflation-protected bonds. So as inflation goes up, the US can pay back debt at a discount. So the inflation isn't bad for them. They don't really ...

EURUSD only

The feds will increase rates in the coming months. But, 50BP is already priced in for DEC, and if we get 75BP we will see higher DXY. Otherwise, the high is already in on DXY. If we get 50BP, we will start to see DXY move down. We are already seeing ...

EURUSD only