TradingView
MrRenev
10 lis 2021 17:42

PSA: Don't forget about gold Long

GOLD (US$/OZ)TVC

Opis

The market heard me, I was starting to be really pissed and complain about nothing happening and boom. 69k Bitcoin of course, Gold exploding, other FX short term positions deciding to go somewhere. The 4 hour candles might just be a 1 time thing, a bait, market loves to do this "hey i'm moving" followed by "just kidding back to swinging up and down randomly". I think what is likely after these explosions, is day and "swing" gamblers snatch their "profits", so the price pullsback a bit, hesitates a tiny bit, and then continues in the breakout direction.

We all share some things. If I bought and I can't take it anymore, then short sellers also can't it anymore, and all of our patiences are similar. Especially if I enter about "on average" not early or late, I'm in the average. Plus I'm always in the market, even if I didn't buy I'm involved paying attention waiting for the setup. So this means I am always in phase. Can't be a coincidence, sorry can't be hundreds of coincidences by now. I am sick of waiting, others are sick of waiting, and that's when the magic happens. I should rely on my feelings and instinct as much as I rely on analysis and stats.

It's been a long long while actually on gold. 1 and a half year, I remember it like it was... maybe not yesterday but 500 days is a long time.


Double bottoms on 50%


It's sending a message here. Doesn't look random to me.



Interesting but maybe not relevant, the price of gold is close to 50,000 Rupees per 10g. I have heard nothing about gold, I don't think it went up because of some hype news.






My bull target (1rst TGT) is 2000-2500. Then 3000, then 5K.


Maybe a good idea to buy some if it restests that area ~1825




Komentarze
MST_Trader
My idea on Gold that is very probable...a drop to at least 1813
ForexTrendline
Great job mate, keep it up! This is what we see
madebycsd
BTC doesn’t influence GOLD they are completely unrelated. The FED manipulates paper GOLD contracts daily along with US banks Goldman & especially JPM…
kimozelghonemy
great one
gold is the king 👑
Więcej