
mr_mat_sa
@t_mr_mat_sa
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mr_mat_sa

With recent negotiations between Ukraine and the US i think yesterday reaction on Gold was a good indication that the dollar may seem more interesting at the moment maybe that's why we had heavy selling yesterday. My bias is that we might see more down side to Gold.

mr_mat_sa

We can start off by saying Gold has been beautiful this year for bulls, to think that we would reach 2600 wow, i know there are some bears who had a rough year. Back to the analysis, assuming gold is overbought would be very bad, more than often the markets do what we do not expect. Looking at the current price i would love to see a deeper correction and look for a long positions as indicated on the chart first jab would be at 2530 and the second attempt at 2484. Hopefuly the election will make investors flock to buying Gold in fear of the dollar sliping during elections. Thats it from my sideThats about it for 2024. Cheers fam

mr_mat_sa

Been a nice bullish rally, but is it over? The answer is... always wait for the market to give you a setup that aligns with you trading strategy it's really bad to assume something is overbought or oversold. I'll make a follow up video. This is more of a quick draft.

mr_mat_sa

Gold has been consolidating for the past few days and I'm led to believe it is waiting for a catalyst to actual breakout from the consolidation. As we are headed into a new month I do think we will need to see the performance of the US economy and other countries as well to get a clear confirmation on the next big move on Gold, the DXY was showing good retracement which i led to believe is from the PCE number and also Earnings from Nvidia. There's a lot to be said, this is a bit long now, so my area of interest is still 2460-2400 looking to go long if these areas hold up well then i'd definitely love to be long.

mr_mat_sa

This an update the previous video i posted, i said we would see Gold hit new all time highs. We are currently seeing that right now. As precautionary measure always remember the market tends to do what we do not expect. I wouldn't be surprised if Gold is to hit 2600 in the next year/months.

mr_mat_sa

While i do remain biased on the long side, I believe we are due for a bit of a pull back and make ne lower higher if price is to keep pushing upward, I would love to buy the Dip on Gold soon as we establish a new support area. Let me know what your idea is on Gold i'd love to hear it.Much love and wish you the best with your trading journey.

mr_mat_sa

This is technical analysis is based of the hourly, while Gold unexpectedly hit 2500 in just a week alone after been down 10% could this be signaling that we will the year at all time highs?Taking advantage of the bullish trend would be more advantageous, I am however looking for pullback to get on the wave as. Currently looking at 2470-2460 for possible entries, let us wait and see what the new week has in store for us

mr_mat_sa

I believe that since NFP we have seen so much volatility in the markets, a lot of fear kicked started the bearish moves in the market at large, we saw the stock market down as well as Gold.Where do I stand in all this, I remain bullish overall on Gold.We actually made it past half year on a very strong bullish move, I believe players are still going to come back to the playing field.After the aggressive bullish move the past two days I'd like to see a dip so I can enter longs on Gold. With 2400 and 2360 being my areas of interest.

mr_mat_sa

Is too soon?, Bitcoin has formed a support at 61k and this support holds. Looking to take long positions within this price range. Really hoping for quick bullish rally, let’s hope the bulls will defend 61k so we can continue to see some upside.

mr_mat_sa

Is too soon?, Bitcoin has formed a support at 61k and this support holds. Looking to take long positions within this price range. Really hoping for quick bullish rally, let’s hope the bulls will defend 61k so we can continue to see some upside.Was dead wrong on this, was too early.
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