ChuChu Rocket wrote: Mon Oct 20, 2025 2:48 pm Gold has reached its highest overbought level in history after hitting 92.4 on the monthly RSI

Whos gonna short that lol

boytoy wrote: Mon Oct 20, 2025 4:03 pm Whos gonna short that lol

Me currently!

boytoy wrote: Mon Oct 20, 2025 4:03 pm Whos gonna short that lol

doolfrews wrote: Mon Oct 20, 2025 5:18 pm Me currently!

Some short scalping is cool, you'll make profit. Traders can also wait for it to touch Bollinger Bands 3.0 outer bands and go for it on the M15 chart.

Or can use my divergence setup on m15 chart wait for signals.......... up or down choose your destiny muahahaha

doolfrews wrote: Mon Oct 20, 2025 5:18 pm Me currently!

How did you go with the short trades? Make money on it?

ChuChu Rocket wrote: Tue Oct 21, 2025 11:43 pm How did you go with the short trades? Make money on it?

Not bad, I cant complain.
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If gold becomes cheaper, it means the US interest rate will be reduced

gold is as it should be...finally a correction, an exhalation and a few more exhalations will be... and we will move into the bull trend again and mega monthly candles await us......Now the ATR is no longer tight and this monthly candle will no longer be pulled down strongly...so there should not be such sharp fluctuations anymore...unless it starts flying up again of course...3700 would be great to calm down all the factors and prepare for the next flight.