GOLD WARNING.

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  • Опубліковано 2 жов 2024
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КОМЕНТАРІ • 59

  • @FX.Wealth.journeyPapa
    @FX.Wealth.journeyPapa 3 місяці тому +1

    Thank you Nick. U have some really good understanding and the way u are stacking up confluences on your analysis shows u know what u are doing. Learned a lot from u. I trust we all understand trading has no certainty and that we stacking up probabilities by doing the homework which in my view is done very well. Let's see what the PCE data has in store for us. 🎉

  • @YeshuaDavidson
    @YeshuaDavidson 3 місяці тому +1

    Gold is heading to 2600 just a short-term bearishness.

  • @Monastirski
    @Monastirski 3 місяці тому +7

    love the fundamental explanation that you give

  • @gustavodecastrofabrini1789
    @gustavodecastrofabrini1789 3 місяці тому +3

    Gold Will Go UP (stop the sell positions) after it go down strong.

  • @nicholasanderson9019
    @nicholasanderson9019 3 місяці тому +1

    Good stuff. I've been involved in markets for 7 years and have been full time for over a year. Nick is legit

  • @faranbaig9428
    @faranbaig9428 3 місяці тому +2

    Gold below 2275 it may go to 2212
    I will never sell instead of selling i placed buy orders at
    1) 2212
    2) 2162
    3) 2122
    Three orders😇

  • @kemarsmith8512
    @kemarsmith8512 3 місяці тому +1

    Thank you for the work you put in , i want to be the level you at to help out others . You are my motivator

  • @XoliMan
    @XoliMan 3 місяці тому +1

    Hey Nick brother in honest speaking yes you are the owner of Edgefinder but you personally you are my Edgefinder

  • @igetmoneyyyyyyyyy
    @igetmoneyyyyyyyyy 3 місяці тому +2

    gold will be going down for now then we'll be looking to continue going up after an textbook M has formed! PS i love that gold is consolidating , this means that good things are coming soon

  • @johngreydanus2033
    @johngreydanus2033 3 місяці тому +1

    Did anyone notice that GOLD is stuck within the range of Friday, June 7? What was that? You got it, NFP day!

  • @royalhype21
    @royalhype21 3 місяці тому +1

    Gold isn't bearish, there simply needs to be liquidity to be grabbed before going up again. The conflict between the US and other countries further help this claim, longer term. Keep in mind that my opinion is based on a limited analysis of news, market sentiment.

  • @xtofunaking
    @xtofunaking 3 місяці тому

    Good job, with the weekly bullish Engulfing...we should expect more buy tomorrow and next

  • @akaningobeni6710
    @akaningobeni6710 3 місяці тому +1

    The trend line from the previous high Down makes me wait to sell for now looks lie a channel waiting for a 3rd touch. On the 4hr we seem to be rejecting below 200ma.

  • @jongilangathena4413
    @jongilangathena4413 3 місяці тому

    This was helpful. Thank you. 🙏🏾

  • @TheZivOfMor
    @TheZivOfMor 3 місяці тому

    Hook brother your trade 😱 gold drop badly this morning 😢

  • @MKW-oc8fj
    @MKW-oc8fj 3 місяці тому

    Why didn't you just hold the early 2024 long until the end of the year at least?

  • @faranbaig9428
    @faranbaig9428 3 місяці тому +1

    Gold will give breakout to upside when interest rate cut started till then it will be sideways moving.

  • @lachan_son
    @lachan_son 3 місяці тому

    We asked Kenzo for an P&L since he is providing financial advice and instead of providing us a P&L he got mad like a big baby🤣🤣🤣.

  • @charifyazid07
    @charifyazid07 3 місяці тому

    watching this while gold is now
    2338 :)

  • @gluepips
    @gluepips 3 місяці тому +1

    Gold is still trending higher so I keep on holding

  • @anthonykagishojoba5003
    @anthonykagishojoba5003 3 місяці тому +1

    Powerful information Nick from my point of view you are on the money

  • @xiaomaytech
    @xiaomaytech 3 місяці тому

    That memes GOld Gold Gold Gold 😂

  • @crashhunters4538
    @crashhunters4538 3 місяці тому +1

    Bearish or bullish really Nick ?

  • @comfycap
    @comfycap 3 місяці тому

    max lev short now

  • @GCOnTime
    @GCOnTime 3 місяці тому +2

    "Gold calls to us" 😂😂😂

  • @BMCCHOPPERS
    @BMCCHOPPERS 3 місяці тому +2

    You could have all the fundemental data you want backing up a resaon to go long or short on an assest. It does not matter. How traders are positioned Is what matters. If all the fundamentals pointed to going long on gold and 90 percent of traders are also long , gold is going short 100 percent of the time.. I' was thinking it was going to all tine highs again. Now I'm not so sure.

  • @UKNOWCUD
    @UKNOWCUD 3 місяці тому

    Thanks. You saving me from bear FOMO today

  • @calvinnelson9065
    @calvinnelson9065 3 місяці тому +1

    Technicals are yelling Bears and fundamentals are yelling Bulls On my side am waiting for that decisive move to close the indecision on the market

    • @lesedimasemola5571
      @lesedimasemola5571 3 місяці тому

      Thank you

    • @TraderNick
      @TraderNick  3 місяці тому

      Daily chart and weekly chart technicals are putting in work for the bulls!

  • @Preetplayz89
    @Preetplayz89 3 місяці тому

    Maybe the head is liquidity and market took the liquidity and it will go down with the liquidity sorry for my english😅😅

  • @MaximusDecimusMeridius23
    @MaximusDecimusMeridius23 3 місяці тому

    it's weird that you're stil bullish on gold when you're talking about 1 rate hike that's coming in nov or December

  • @rabindrachandra
    @rabindrachandra 3 місяці тому +1

    Gold is in the bubble stage

  • @ShahzadWaheed
    @ShahzadWaheed 3 місяці тому

    Gold Gold Gold Gold Gold .. one more gold person in your comment section.

  • @toptennews4737
    @toptennews4737 3 місяці тому

    Touch around 2290 one more time then goes higher highs

  • @Funtings
    @Funtings 3 місяці тому

    But at some stage we need to think when might gold be to expensive

  • @Martingale021
    @Martingale021 3 місяці тому

    Finally, it's about Gold doing a sellside.

  • @cocoover2481
    @cocoover2481 3 місяці тому

    clear bear flag on the daily chart

  • @sarzbush8950
    @sarzbush8950 3 місяці тому

    God bless you for me nick

  • @forsakenbanksy1269
    @forsakenbanksy1269 3 місяці тому

    Is the 50% discount off the gold membership of $699?

    • @TraderNick
      @TraderNick  3 місяці тому

      Yes, you can apply the code YTVIP at checkout here to get it down 50% a1trading.com/vip

  • @TheKietNguyen-dy1dz
    @TheKietNguyen-dy1dz 3 місяці тому

    Great information brother 👍

  • @siddharthsiddhu2914
    @siddharthsiddhu2914 3 місяці тому +3

    Gold is forming Head and Shoulder!! So Bearish for me!!

  • @chukszeus6987
    @chukszeus6987 3 місяці тому +6

    Gold is bearish for me

    • @WorldOfChampions-o7v
      @WorldOfChampions-o7v 3 місяці тому +2

      I think so too

    • @chukszeus6987
      @chukszeus6987 3 місяці тому

      Friday or next week for support to break

    • @ClintonSamuel-h2l
      @ClintonSamuel-h2l 3 місяці тому +1

      Yep same with me its more like a distribution pattern towards the downside

    • @sarahhuggins7217
      @sarahhuggins7217 3 місяці тому

      Yh I’m mid term bearish long term bullish expecting bull run restart Q4-2024/Q1-2025

  • @PNdimZ
    @PNdimZ 3 місяці тому

    Great analysis 👍🏾

  • @mr_mannie
    @mr_mannie 3 місяці тому

    Let's see how it goes

  • @faranbaig9428
    @faranbaig9428 3 місяці тому +1

    Gold will be sideway till the interest rate cut start from the fed which may be sep month till then gold moving in sideways my view is bullish on gold in future till interest rate cut done till 2025 dec onwards.

  • @emmie7007
    @emmie7007 3 місяці тому

    Look at all the dudes sayin gold will go down. Always trust nickman

    • @TraderNick
      @TraderNick  3 місяці тому +1

      I'm not always right, but we've got some potential here

    • @simonkahiga7565
      @simonkahiga7565 3 місяці тому

      This nick guy was wrong. We told him it was bearish he couldn't agree. Damn

  • @thedivision980
    @thedivision980 3 місяці тому

    first