What a day, Gold is soaring, Bonds are flying through the roof, GBP looking up the sky and their counterpart, the DXY, looking convincingly down. It seems like the European summer is over and investors and traders got to make up for summer expenses by either covering short positions or just getting into trends that were there but lacking real direction. Lovely for those who are used to seasonality in markets. Although 1340 looks very atracctive to add to XAU positions, I will wait until the ECB news on Thursday are out of the way and reasses from the outcome of the central bank meeting, however the trend is up and 1300 break has been confirmed without a doubt.
Tuesday, September 5, 2017
21 comments:
Disclaimer: This site is not intended to provide professional advice nor to lead users to either copy or follow the trades herein posted, it is essentially conceived to share thoughts and ideas for non-professional traders and become a non-official knowledge base for individuals interested in testing and improving their own skills in the spot Gold market.
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ReplyDeleteHi cesar, I am here now. hope I can follow your tips and advices.
ReplyDeleteWonderful, I decided to go into a personal Blog because the other site manipulates what we can and what we can´t see.
Deletewe need more ppl to come here, to share their plans. I really dont know anything about trade man, I am impresive because 2 weeks I made 2.8k from 350, but it really was luck.
ReplyDeleteWhich currency pair was that??? Send that luck over here
DeleteUsd
DeleteHow often will you been posting here?
ReplyDelete2 or 3 times a day.
Deleteyes sir, its definitely an up trend now
ReplyDeletei do believe one more leg down will happen but i don't know when or will it
ReplyDeleteHi hultraman X, what means "leg down"? Sorry.
Deleteleg down means bear
DeleteHi Mr torres, i'm Azwari From other forum.
ReplyDeletethanks for made this blog so i can keep up with you analysis...
:D
Welcome Azwari, I´m glad to see you here.
DeleteI'm very new, found you on investing.com. So, excuse me if I ask basic questions. I'm deployed to Afghanistan and a new trader. Short-term, what is your forecast? Just today... Thanks and I'm glad I found you :) . Your forecast yesterday was on point.
ReplyDeleteGood luck on your deployment. I will be posting either 2 or 3 times a day. As time goes on we will figure out what the best time to publish are in order to suit all members schedule. As you see we have friends from very different time zones.
DeleteHello Cesar
ReplyDeleteGood morning from Dubai!
I really appreciate that you have taken time to create this for all of us. I have been following you're analysis since sometime and I should say you're an amazing analyst. I will definitely share my views and opinions here along your side.
Welcome Rahul, we will do our best to make this site helpful for all.
DeleteAs per now i am still waiting "something to happen" in NK. 9th of September is national day over there. Usually they express their nationalism with missile or nuke tests so gold might go up more but after that they will calm down so i expect a big drop. Who thinks the same?
ReplyDeleteCorrect, We will be very careful on our analisys on this coming Friday, in order to asses whether or not a big spike up over the weekend brings an opportunity to all traders.
ReplyDeleteAgree, i'm still waiting "something to happen" in NK too. i just wondering if NK try to make a move, Gold will rise up to heaven again. i even can't take any position yet, too scared for NK National Day. so becareful guys, especially take position on friday
ReplyDelete