Goldbigmove

GOLD CRASH ALERT: IS $4,000 THE NEXT TARGET OR THE BIGGEST TRAP?Wednesday was brutal for Gold buyers. The market completely washed out the bullish momentum and is now trading below the psychological $4,100 level. But I believe the real trap might still be ahead. Let me explain why. Gold is now approaching last week's low around $4,066. This is an important level because many buyers are still holding their positions, hoping for a reversal. Interestingly, Wednesday's low formed around $4,073, just above that previous low. Think about the psychology here.

by The_Operator1

WHY I DON’T TRUST THIS GOLD CRASH YET Just like last Friday’s CPI, we saw another strong sell-off in Gold during FOMC. But even after that move, I’m still thinking about the same question I’ve been discussing for the last few days. **If sellers are really that strong, why is the market still struggling to accept lower prices?** The $4280–$4320 area had been acting as strong support for several weeks. On Monday, we finally saw a breakdown below it. Normally, when an important support breaks after being tested multiple times, especi

by The_Operator1

GOLD NEXT WEEK COULD SHOCK EVERYONE: CRASH OR MASSIVE REVERSAL?Everyone is watching the same level. Everyone can see the same pattern. And that is exactly why I think Gold could be preparing one of the most interesting traps of next week. Right now, the market is giving traders an almost perfect bearish story. A clear Head & Shoulders pattern has formed, with its neckline sitting around the psychological $4300 level. Higher prices have repeatedly been rejected, the structure is looking bearish, and naturally, if Gold breaks below $4300, a huge number of t

by The_Operator1

NFP COULD WIPE OUT LATE GOLD BUYERS — HERE’S MY FRIDAY PLAN!Thursday played out almost exactly according to our plan. Gold delivered the strong upside momentum we were expecting, but now the situation has become much more interesting. Price has slipped back below the psychological $4,500 level near the close, sellers are becoming confident again, and buyers are aggressively returning after missing a major part of the recovery. This is exactly the kind of situation where Friday’s NFP can punish traders on both sides before revealing the real direction. I

by The_Operator1