Gold calls.Long term -medium term and intraday calls in gold is here !.

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Gold sell
Crude sell open
Silver sell open

We collect data of retail traders. Since 90 percentage of retail traders fail. We trade against them. That's how we work . it's complicated than easily said. But our team is now awesome.
 
Gold sell
Crude sell open
Silver sell open

We collect data of retail traders. Since 90 percentage of retail traders fail. We trade against them. That's how we work . it's complicated than easily said. But our team is now awesome.

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trend change
time to close those shorts

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30 mins after NFP..the downtrend got taken out
there is a stack of overhead res...so not goin to be easy for the bulls
it could even be a dead cat bounce
lets see
 
although 1095 area is a real dog

1106 is 50% area of that latest down move
resisstance starts at 1092...assess the reaction in that area if it gets there
 
From that chart..it is definitely signalling to close shorts

at this point we dont know if its the start of a new uptrend or a dead cat bounce

tactics are

1. if a dead cat bounce..we can ride with a long position taking note of all the res areas and the reaction of price within those areas..also take note of prev supp areas on way down as they will be res.readying ourseleves to close the long position and go short.this will give us a great entry for a short position being at the highest point in the dead cat bounce

2.if a new uptrend we ride with it..taking note of all prev supp areas on the way down..these should provide res areas
3.on candles/bar add fib to the downmove that started on 27th October..use 60 min chart

You will then have a good indecation of the path of the price on this recoil
If you are still bearish and it breaks down immediately..re enter on break of 1050 area
 
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Holding crude shorts

Holding #crude shorts since 45$...position holding.
 

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Gold Prices in Position for Continued Weakness

In his weekly report on the Speculative Sentiment Index (SSI), DailyFX quantitative strategist David Rodriguez said the following about gold (XAU/USD) today:

"Retail FX traders remain steadily long Gold versus the US Dollar, and a contrarian view of crowd sentiment favors continued weakness.


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Past performance is not necessarily indicative of future results.


"It’s worth noting that positions have moderated somewhat since last week as the precious metal bounced off of recent lows. Yet we will need to see a substantive shift towards crowd XAU/USD-selling in order to call for a meaningful bounce in gold prices."
 
I occasionally trade Gold alongside my main forex positions, won on 4 out of 5 shorts in November. Short on Gold again now. Looking at a bear pennant and FOMC rate increase looking this week, so hopeful for another win.
 
Gold shorts running

Still holding shorts. We do sentiment analysis. Then trade against lossers. Trade along with profit makers
 

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Gold crashed

Gold crashed after fed data. 1052$ now
 

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Gold Prices Forecast to Fall Even Further

Gold crashed after fed data. 1052$ now

I think Gold will continue falling until it reaches $1000.


Aggressively one-sided retail forex trader positions post-FOMC warn that Gold prices may continue to decline through near-term trading.


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Past performance is not necessarily indicative of future results.


The data show that there are currently 3.6 retail open short positions in XAU/USD for every one that is long; 78 percent of interest is short. This is the largest such extreme since the precious metal traded into important lows through July.
 
In the end it rebounded from the support at $1050 and climbed back up to $1071. I think it may continue move to the upside 1084 again, but the overall bearish trend will continue.
 
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