Posted by yousuremeh > 2020-08-27 14:50 | Report Abuse

“As it is all about the Powell speech on Thursday, the powerful 21-hourly Simple Moving Average (HMA), currently at $1938, is seen offering immediate support to the gold bulls.”

“A break below which the horizontal 100-HMA at $1934 will be tested. Should the bulls fail to defend the latter, the next cushion awaits at the 50-HMA of $1931. Selling pressure will accelerate on a breach of the last, with Wednesday’s low of $1903 back on the sellers’ radar. If Powell turns out to be less dovish, the metal could extend its decline towards the August 12 low of $1863.”

Posted by yousuremeh > 2020-08-27 14:51 | Report Abuse

1863 could be dangerous. Especially those who EP at high floor

Posted by rezzare > 2020-08-27 14:54 | Report Abuse

see u all at 0.20 yo hehehehe

Posted by rezzare > 2020-08-27 14:57 | Report Abuse

buy 0.28 sell 0.295 ezez 5% dy..

Posted by Wt6669 > 2020-08-27 15:58 | Report Abuse

gold come back

Posted by zzzzz > 2020-08-27 16:23 | Report Abuse

Gold up but NICE down

Posted by trythis > 2020-08-27 16:25 | Report Abuse

Gold need to up to 1980 or 2000 just will have show.

Posted by rezzare > 2020-08-27 16:27 | Report Abuse

those holding gg liao..

Posted by adikkici > 2020-08-27 17:01 | Report Abuse

would be Nice tomorrow?

Posted by Swoosh > 2020-08-27 17:05 | Report Abuse

dijangka ketum esok ...

Posted by mylifeuia > 2020-08-27 17:06 | Report Abuse

look like next week unless federal reserve tonight is good news, then tomm

Posted by yousuremeh > 2020-08-27 17:09 | Report Abuse

Tomorrow will be hard. Since tomorrow is friday. Then monday merdeka. Nice is gg liao if tonight powell speech stating usd is strengthening

Posted by kata888 > 2020-08-27 17:11 | Report Abuse

The stronger the suppresion, the stronger the bounce it shall prevail. Patience is a virtue.

Posted by jazz2pai > 2020-08-27 17:15 | Report Abuse

hold nice wb at 0.225

Posted by jazz2pai > 2020-08-27 21:09 | Report Abuse

hope gold can close at 1970

Posted by jazz2pai > 2020-08-27 21:16 | Report Abuse

gold uptrend

Posted by hisyam > 2020-08-27 21:18 | Report Abuse

1,975.90 +23.40 +1.20%
09:17:50 - Real-time derived data. Currency in USD

Posted by jazz2pai > 2020-08-27 21:18 | Report Abuse

esok raya ke?

Posted by hisyam > 2020-08-27 21:19 | Report Abuse

1,982.50 +30.00 +1.54%
09:19:31 - Real-time derived data. Currency in USD

Posted by Hairul Hafizy > 2020-08-27 21:21 | Report Abuse

I think show will str on Tuesday, tomorrow ppl gone holiday already..

Posted by hisyam > 2020-08-27 21:22 | Report Abuse

1,985.40 +32.90 +1.69%
09:22:05 - Real-time derived data. Currency in USD

Posted by lanunbitcoin > 2020-08-27 21:25 | Report Abuse

Still holding 200k units average 0.3.. masih percaya. Lebih baik dari jangkaan... syukur

Posted by hisyam > 2020-08-27 21:25 | Report Abuse

overbought retrace

Posted by Legend > 2020-08-27 21:27 | Report Abuse

Betul ke ni or main2 saja...standby bullet sudah siap..haha

Posted by hisyam > 2020-08-27 21:28 | Report Abuse

target hit done for the day

Posted by hisyam > 2020-08-27 21:28 | Report Abuse

1,977.70 +25.20 +1.29%
09:28:37 - Real-time derived data. Currency in USD

Posted by maggiemee > 2020-08-27 21:32 | Report Abuse

Would like to see whether gold can go how far and making new high record if possible. Putting a ticket since long time ago.

Posted by hisyam > 2020-08-27 21:38 | Report Abuse

1,960.60 +8.10 +0.41%
09:38:15 - Real-time derived data. Currency in USD

Posted by hisyam > 2020-08-27 21:38 | Report Abuse

Crazy roller coaster

Posted by jazz2pai > 2020-08-27 21:39 | Report Abuse

haha main2

Posted by Legend > 2020-08-27 21:41 | Report Abuse

sudah cakap mcm main2...susah betul la ini mcm haha

Posted by hisyam > 2020-08-27 21:41 | Report Abuse

1,950.50 -2.00 -0.10%
09:40:53 - Real-time derived data. Currency in USD

Posted by mylifeuia > 2020-08-27 21:41 | Report Abuse

The rocket has crashed and it returning back faster than the speed it is meroketting

Posted by hisyam > 2020-08-27 21:42 | Report Abuse

1,956.60 +4.10 +0.21%
09:42:31 - Real-time derived data. Currency in USD

Posted by hisyam > 2020-08-27 21:43 | Report Abuse

Is this a bull trap?

Posted by Sailangking > 2020-08-27 21:45 | Report Abuse

kick lai liao

Posted by Legend > 2020-08-27 21:45 | Report Abuse

Kena tidur dulu...esok baru tau..haha

Posted by jazz2pai > 2020-08-27 21:47 | Report Abuse

yup
nite

Posted by hisyam > 2020-08-27 21:47 | Report Abuse

1,941.85 -10.65 -0.55%
09:47:36 - Real-time derived data. Currency in USD

Posted by hisyam > 2020-08-27 21:48 | Report Abuse

Bulls getting roasted here.

Posted by Sharegod88 > 2020-08-27 21:50 | Report Abuse

How to see gold price?

Posted by hisyam > 2020-08-27 21:52 | Report Abuse

https://www.investing.com/commodities/gold

Posted by kata888 > 2020-08-27 21:56 | Report Abuse

Gold bears are having their last shot on the bulls by slamming the fuel when it hit 1986.70 just now . From the current formation, it looks like a massive short squeeze is forming into next week. Stay tune, have more patience.

Posted by kata888 > 2020-08-27 22:02 | Report Abuse

Basically the only important narrative from the Fed statement is this: "The Fed won't hike rates if and when the economy overheats and inflation rises".

Which means they will use whatever monetary policy to support the upcoming economic contraction.

One should be thinking: hey! that means dollar is going to devalue from today onwards, lets buy gold!

BUT, what you think is correct until the market corrects you. And right now, market is showing the gold believers they are wrong by chewing up bulls' stop loss. With Algos moving concurrently, the sliding towards 1900 is imminent. However, once it's over, you will notice the spring coil effect again. This time, it won't stop at 2080 anymore.

Be patient.

Posted by Sharegod88 > 2020-08-27 22:04 | Report Abuse

Why gold price keep on drop

Posted by kata888 > 2020-08-27 22:12 | Report Abuse

Low of the day just hit.

Just remember one golden rule:

During the bull phase of gold, the extreme pullback intraday is a commmon sight. It doesn't change the major trend direction.

Posted by lanunbitcoin > 2020-08-27 22:15 | Report Abuse

Haha gold buat teringat zaman main forex.. roket up and pull down... dan margin calling

Posted by lanunbitcoin > 2020-08-27 22:18 | Report Abuse

Sbnarnya no effect.. later korang akn nampak.. still sideway maybe dlm range 1920 hingga 1940 tapi economy fear x boleh dielakkan.. 2100 masih relevan utk gold

Posted by Legend > 2020-08-27 22:28 | Report Abuse

Relax....1850 baru ketar lutut...haha

Posted by mudzaffar > 2020-08-27 22:45 | Report Abuse

romeo is dying