i_am_siew

Maybe price is just trying to buy back what was sold previously. Of course, now at a higher price. By the look of it, there isn't any new 'supply'. Do you think price can move higher if there is NO supply - no one 'selling'? Good luck.

What about XAU? Many would be asking. From a harmonic point of view, I can see price is weakening. Even with a push by BUYERS, it would only reach the banana, which is BELOW the previous high at the blue line. So, the plan is that when it reaches banana, a SELL is possible with SL just above the blue line. In this way, we have a higher probability of success, plus a fantastic R/R. Looking at the DXY, the $ is also at an inflection point. Good luck.

Price is stalling at the D @ 108,800 for some time now. I think it is not because of a lack of demand. Just that there is no one selling. Owners prefer to keep the limited supply. Buyers are unwilling to chase after the few available at a higher price. We have a stalemate. In 2022, to break this stalemate, price needs to drop, with sellers taking a profit and making supplies available. Then we will have buyers scrambling again to BUY. Watch the OBV. So, I should wait to BUY, but at the right price. Good luck.

The chart above explains.All Harmonic Pattern.Fundamentally, do you think they can afford to let the US$ lose it? I doubt so. Losing Reserve Status would mean losing CONTROL and POWER - everything else can burn wtf.Good luck.

The chart above explains.Harmonic pattern is very easy.Good luck.

The chart above explains. Trendliners are very excited now. Price is touching their fav line - hahaha I am not concerned about trendlines. But you know what I am actually looking at. Good luck.

The chart above explains. Price still has some unfinished business, which is why there would likely be a retest.Good luck.

It seems like BTC is much 'stronger' than XAU. Or is it so?When liquidity dries up .....What is next???Good luck.

It was said this morning that price fell because of what Trump said. I do not think this is true. Price fell because any upward movement is now not supported by 'inflation' If it is going to repeat what it did in the past, we may get to see it go back to $2,000 Let's wait for a retest - then we should get our confirmation. Good luck.

Historically, Inflation Adjusted Gold Price, Adjusted to Today's Dollar reached a record high of around $3,460 in 1980 and a record low of $289 A moment ago, the price just hit that. What happens now is open to speculation. In the past, the gold price has declined significantly for long periods after approaching its previous inflation-adjusted peaks. This happened in 1980, 2011, and again in 2020. Let’s see what happens this time. I am in. Are you? Good luck.Moving SL to entry. Good luck.