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01 Oct 2023 15:51

even the charts can be narrated like a story by master KK. It's not easy because it can make your thumbs bigger. just kidding 😂😂🙏🙏

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01 Oct 2023 15:48

chris my tough charting friend. he is very good at PA. superman has been dead for a long time, so we collaborated on this chart without realizing it.

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01 Oct 2023 15:11

And another opposite DXY masterpiece

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13 Sep 2023 05:16

!!!! read this and behold 😄 adding sells the lower and the higher it goes

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13 Sep 2023 00:52

@HaythamAbuSara
Just made this up for you... I ain't no Elliott wave expert, but I think it's fairly close.  This is my view.  I added the fib extension on the right after I made the ghost bars.  In a nutshell, I think we'll see 1886 area tomorrow after news, a re-test, then further down followed by the bottom of the wave pattern, equal lows and double bottom forming a W shifting back to bullish somewhere around the 1800-1825 area...  the rest is self explanatory.  I'm sure it ain't perfect by any means, but it's kinda what I am expecting overall... tried to make it look somewhat realistic Lol

TradersChat

12 Sep 2023 20:09

/channel/GFXTraderschat/806551 🤦🏻😂

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12 Sep 2023 19:57

half way home!

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12 Sep 2023 19:46

Buy on runmours …sell on news ??

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12 Sep 2023 19:16

Hai please come inbox.

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12 Sep 2023 19:07

Gold Market Outlook

Gold prices are being closely watched by investors due to upcoming U.S. inflation data and the Federal Reserve's stance on interest rates. Here's the breakdown

Current Situation
Gold prices are currently around 1,913 per ounce. The recent weakening of the U.S. dollar has slightly boosted gold, making it more attractive to international traders. However, rising yields on U.S. Treasury notes are limiting gold's rise. The key event to watch is the U.S. Consumer Price Index (CPI) data coming on Wednesday, which will influence the Federal Reserve's interest rate decisions.

Possibility of Rate Hikes
There's talk of the Fed potentially raising interest rates later this year. While the odds favor the Fed maintaining rates in September, there's a 41% chance of a rate hike by November. Fed officials are cautious, but they haven't ruled out rate increases.

Gold's Path to $2,000
For gold to reach $2,000 per ounce, a few things need to happen. The Fed would have to become less hawkish, the U.S. dollar needs to weaken, and Treasury yields should fall. Until we see the CPI data, the gold market is expected to remain uncertain. If the CPI data meets or exceeds expectations, it could temporarily dampen gold's performance.

Technical Analysis
Looking at technical aspects, the current price of gold is below key moving averages, indicating potential bearish sentiment. Support levels are around 1,893 to 1,886, while resistance is between 1,947 and 1,955. With the price below these moving averages and no strong support, the short-term sentiment leans bearish for gold. In simple terms, gold prices will be influenced by inflation data and the Fed's interest rate decisions. The path to $2,000 per ounce is uncertain, and technical indicators suggest a bearish outlook in the short term.

TradersChat

12 Sep 2023 19:06

#APPL will move US100

TradersChat

12 Sep 2023 18:54

According to this... perhaps the price of gold in the next 56 hours will still be in a high volatility situation and it will be difficult to get big movements. because it requires a lot of discipline and patience. The CPI may be a bit disappointing in terms of movement. but astrology for some people is a fairy tale, so this is just for fun.

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12 Sep 2023 18:41

I hope so ..inline with swing entry and continue down

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12 Sep 2023 18:39

Now setup LPSY for distribution or break swing high.

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12 Sep 2023 18:36

Distribution or re-accumulation ? Waiting 1912-1913 reaction

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01 Oct 2023 15:50

This group is like a living laboratory for traders.

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01 Oct 2023 15:31

@ChrisFx_wd & @hendro0045 true legends 🙏🙏🙏

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01 Oct 2023 15:10

Market have last say always 💯🕊

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13 Sep 2023 01:08

AUDCAD take partial profit and move stop

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13 Sep 2023 00:49

EURAUD in profit of 80pips✅✅✅

TradersChat

12 Sep 2023 20:05

hey guys, can anyone share gold daily chart view? cuz i have something good to share

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12 Sep 2023 19:53

It was impressive mate , to say MUST and price did exact ....it's phenomenal. Kudos.

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12 Sep 2023 19:24

The $Apple event is underway, and since Apple is listed on Nasdaq, it could potentially lead to increased volatility in Nasdaq.

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12 Sep 2023 19:07

/channel/Forex_LiveStream/8641

TradersChat

12 Sep 2023 19:07

do u know when they going to start?

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12 Sep 2023 19:02

i didnt check charts in the last few hours, so tired and exhausted, can't really focus, but price still didn't finish this down move probably until the end of the week we will be bearish

TradersChat

12 Sep 2023 18:45

Moon phase for finance astrology.

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12 Sep 2023 18:40

1913.90 - 1914.50 is critical area

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12 Sep 2023 18:37

UT done, now setup test for sow before LPSY

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12 Sep 2023 18:34

Hey buddy... sorry for late response... actually it's 1894/3 - 1912; that whole zone has good BUYING PRESSURE... but my challenge is that almost every level in-between is good for BUYING... I think SCALPERS are the ones who can cope... I shouldn't even have sent it cause it has too many levels and can be confusing or burdensome for some traders... I'm just observing... maybe few hours before CPI I can share my clearer view on BUY-SIDE... if seeing nothing then I'll just stick to INDICES 🙏