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Gold Day Trading

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am wondering if this is actually a move to $US in an attempt to deleverage debt , of course it could be a suppression to start a stampede into US Treasuries as well

good luck
 
everybody was kung fu fighting those cats were fast as..... raging bulls, wut

xauusd no fear at swing low 230721 aest.png

11% of top clients were in sell to open positions with 14% of total capital in the sell side
16% of all clients totalled are in sell to open positions, 19% of the total available capital on the open sell side
 
"when everybody wants to buy it, sell it to them!" Fari Hamzei (Hamzei Analytics)
top clients are 88% BTO
we are now in the reject level, if price is now accepted at the lower level, offers keep accepting lower bids

xauusd fail fractal too many hadns on one side 230721.png

last tip, the weekend beckons ☕??????????????:cigar:
 
*** "when everybody wants to buy it, sell it to them!" Fari Hamzei (Hamzei Analytics) ***

for me that depends on the income i am already recieving on it , some of my shares are paying 20% (plus ) per annum at MY buying price

in the current market div. yields at current prices are normally quite slender , i think without the chance of share price appreciation , the current market would almost be deviod of new investors

i am not one to eat or sell the golden goose while it is healthy and laying regularly
 
currently gold producer stocks are acting differently .. not enough to hit my target prices , but are mostly softer today
 
buyers forced to accept higher prices, bodes well for uptrenders
if the rejection level gets retaken that would bring a lot of longside get-out
cuz fooled me once can fool me again never foolin more fool you (miss (underestimated) you, George!)

xauusd level to protect bulls 260721.png
 
they need to suppress gold ( and silver ) to convince the punters to buy Treasury Bonds ( ESPECIALLY since the US debt ceiling limit approaches )
 
Interesting thread, not one to day trade gold myself.
Looking on the longer term there may be some stronger resistance around the current price.
Similarly, there could equally be a breakout toward USD1845.
My chart is starting to get very noisy, but i like looking at the historical influence and find it very interestingGDT.png.
 
the market is made up of the haves the have-nots and the gunna not have much after the other side has finished them off
...still your daddys market

#observation
narration in the sentiment probably carries the biggest question requiring an answer
xauusd empiric sell swaps COT 070821 closed market.png

xauusd empiric sell trend 070821 closed market.png
 
as someone liable to buy ( extra ) gold producer stocks in the coming month , the overnight drop certainly caught my eye

will the market buy the dip or rush to the sidelines , i wonder
 

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