Gold Monitoring Thread £ GBP only

[ZRPMs]

3 minutes ago, modofantasma said:

The issue is people's definition of a 'pullback' 

Here, here. That was my problem. and googles

[silversky]

40 minutes ago, Agaupl said:

I wish we could do polls in topics. 
 

pullback or not? 

My rough poll yesterday indicates a neutral stance amongst most of the members who bothered to commit to an answer.  There were also a few who considered that it will be above the current range by close of the week and only one who considered it would drop below the trading range.  Perhaps making a poll topic and then linking to it in an existing topic page is the way forward to encourage more participation...  Participation is free after all... no gold charged!!!   Only the ego pays a price for getting it wrong!! 

[CaptCaveMan]

12 minutes ago, ZRPMs said:

Here, here. That was my problem. and googles

Reported!

[Jax]

1 hour ago, silversky said:

Not true.  Below is the trading view chart which showed a handful of moves for the first couple of minutes.  If you like using BBP rough charts then fair enough, but trading view charts are more accurate.  BBP probably chart their own spread rather than actual trades, who knows, but they were claiming >1900 which we all know is complete horse...  Not to be trusted.  I honestly don't know why anyone uses them but its personal preference I guess to use an app with a basic line graph on it instead of candle info.  

First, from the timestamp, your Trading View screenshot was seemingly taken nearly 13 hours after the spike in question. Plenty of time for parties of interest to enter fudged / amended numbers to cover up an unwelcome price spike. The fact your chart doesn't show a spike 13 hours later doesn't prove (or disprove) a spike didn't take place at the time.

Next, go back to Trading View and look up the same 1 minute chart, only this time use Oanda as the data source rather than Forex.com. On close inspection, you'll see there are no candles between 21:00-22:04. Last candle is 20:59. Next candle is 22:04. This omits the important 3 minute period where the price spike occurred (22:00-22:03 UTC).

Doesn't that strike you as a little odd that with Oanda, there is no candle / no data for exactly the 3 minutes in question? With regards to the data supplied by Forex.com (which forms the basis for your Trading View screenshot), my view is that 13 hours after the fact is more than enough time to enter some fudged numbers. So, I stand by my thoughts that almighty ****ery took place during those 3 minutes.

 

Edited April 11 by Jax

[HonestMoneyGoldSilver]

Good afternoon, Kings and Gashes, another wonderful day in the TSF Gold Thread!

What chart we use is less important than everybody using the same chart. It's hard to keep track if everybody uses different measuring sticks for the same length of string

And in a strange coincidence: There is approx 254,000 metric tons of gold (including underground reserves) and the total world population is approx 8.1 billion

That works out as almost precisely 1 troy ounce of gold per capita globally (31.358 grams/person)

[ChardsCoinandBullionDealer]

35 minutes ago, jultorsk said:

Speaking of @LawrenceChard @ChardsCoinandBullionDealer - congratulations are in order, I believe 

Thank you @jultorsk - we've also passed your comment to Lawrence! 

[Upsidedown]

29 minutes ago, James32 said:

Sorry, at £1950 imma getting treated for a heart attack...underestimating my tiny mind.

Don't forget to pop me down on the will, cheers.

[HerefordBullyun]

5 minutes ago, HonestMoneyGoldSilver said:

Good afternoon, Kings and 

That works out as almost precisely 1 troy ounce of gold per capita globally (31.358 grams/person)

There is a man with far too much time on his hands...

Edited April 11 by HerefordBullyun

[Prophecy]

Finally, the cufflinks I bought in here 4 years ago are break even. HA

[HonestMoneyGoldSilver]

2 minutes ago, HerefordBullyun said:

There is a man with far too much on his hands...

Just a bit of fun to balance out the Misandry. Equal rights, equal lefts 💪

[Upsidedown]

4 minutes ago, HonestMoneyGoldSilver said:

equal lefts 💪

You moving to Manchester?

Cuz you'll have a Wigan address soon

[CANV]

11 minutes ago, HonestMoneyGoldSilver said:

Good afternoon, Kings and Gashes, another wonderful day in the TSF Gold Thread!

What chart we use is less important than everybody using the same chart. It's hard to keep track if everybody uses different measuring sticks for the same length of string

And in a strange coincidence: There is approx 254,000 metric tons of gold (including underground reserves) and the total world population is approx 8.1 billion

That works out as almost precisely 1 troy ounce of gold per capita globally (31.358 grams/person)

Does this mean I own ‘x’ amount of people..  can I choose which ones.    1. Margot Robbie .  0h no hang on. She can probably out ounce me by some distance 

[silversky]

12 minutes ago, Jax said:

First, from the timestamp, your Trading View screenshot was seemingly taken nearly 13 hours after the spike in question. Plenty of time for parties of interest to enter fudged / amended numbers to cover up an unwelcome price spike. The fact your chart doesn't show a spike 13 hours later doesn't prove (or disprove) a spike didn't take place at the time.

Next, go back to Trading View and look up the same 1 minute chart, only this time use Oanda as the data source rather than Forex.com. On close inspection, you'll see there are no candles between 22:00-23:03. Last candle is 21:59. Next candle is 22:04. This omits the important 3 minute period where the price spike occurred (22:00-22:03 UTC).

Doesn't that strike you as a little odd that with Oanda, there is no candle / no data for exactly the 3 minutes in question? With regards to the data supplied by Forex.com (which forms the basis for your Trading View screenshot), my view is that 13 hours after the fact is more than enough time to enter some fudged numbers. So, I stand by my thoughts that almighty ****ery took place during those 3 minutes.

 

I don't pay for their charts, so I don't think I get to choose the source.  They mix four sources by default and that appears to be what the free charts show.  But I watched that live on the trading view charts.  It was no different then than it is now.  They haven't gone back and changed them.  I may even have posted a screenshot yesterday of it...

Perhaps it's something to do with incomplete lots? Perhaps Oanda has a larger requirement to even post them than forex.com

[silversky]

14 hours ago, silversky said:

1866.59 from trading view charts.

It's a tenner away from testing new highs, and hunting this weeks built up stop buys which are lurking above.  I thought it would at least have tested the 1830 region but not to be s far.  Maybe the Asian session will be used to hammer it into line.

 

 

Here is the snapshot I took last night.  Okay this is in GBP, but it shows the jump around at 10pm, just as it does today.  Go back and compare this screenshot if you think they tampered and hid data.  What it doesn't show is 19something handle like the BBP screenshots others posted do show....  and it doesn't leave a blank gap as you are claiming.  If Oanda had a blank out yesterday, then that's just that.  The overall chart using the forex data did not, and it did not change as far as I can see from yesterday to today....  Please show me if it has changed.

[Jax]

1 minute ago, silversky said:

Here is the snapshot I took last night.  Okay this is in GBP, but it shows the jump around at 10pm, just as it does today.  Go back and compare this screenshot if you think they tampered and hid data.  What it doesn't show is 19something handle like the BBP screenshots others posted do show....  and it doesn't leave a blank gap as you are claiming.  If Oanda had a blank out yesterday, then that's just that.  The overall chart using the forex data did not, and it did not change as far as I can see from yesterday to today....  Please show me if it has changed.

There is definitely a gap when using Oanda-supplied data (this is easy enough for you or anyone else interest to verify). And can be done for free if using Trading View or GoCharting.com (no accounts or packages required for either).  When using GoCharting.com, not only are the candles non-existent for that time period, there is an actual gap on the chart. i.e white space where the candles should be.  When viewing the same chart using Trading View, there isn't a physical gap of white space, but hovering over the candles, you'll see some are absent i.e you jump from 20:59-22:04 so the relevant candles inbetween are missing.

I accept that from your screenshots, there are no changes between last night and now as per Forex.com. But it remains a mystery why the spike was visible elsewhere. It also doesn't explain why this important 3-minute period is omitted from Oanda. I don't think there will ever be a definite explanation so I'll have to put it down to one of life's mysteries.

[James32]

£1864 lock your door..

[Gruff]

1 hour ago, Agaupl said:

pullout or not? 

Erm, different area, but similar consequences  

[silversky]

After much messing about, I have managed to get the chart powered by Oanda to display alongside the Forex data chart.  Both here side by side to make the point that Mr Jax is making that there is missing data in the Oanda chart.  But it was always like this on the forex chart, there wasn't a massive spike on the forex chart at the time it happened because I was watching it LIVE, nor was there any missing candles on the forex chart.  It is now as it was then, so not sure that this shows any sort of conspiracy.  It shows an issue with the Oanda data feed perhaps.  Perhaps the trades are so small that Oanda doesn't even report them.  Incomplete trade lots as I said before.

[James32]

£1869 open the wine

[9x883]

Just now, James32 said:

£1869 open the wine

charge that defibrillator more like!

[MrStacker]

2024 Sovereign now going for £460+ 😳

[katyc]

£1870!

[Stacktastic]

Sure I have already been cited in this thread but it aint looking like it will pull back any time soon, so I was dead wrong there. I have a sizeable palladium position so glad actually as i want to get out of that. 

Im not in the country and wanted too sell some silver so hopefully it carries on up into next week £24 range LOL..  

Edited April 11 by Stacktastic

[MrStacker]

Just now, katyc said:

£1870!

I give up 😭😭😭

[James32]

1 minute ago, MrStacker said:

2024 Sovereign now going for £460+ 😳

Cheap as champagne 

Just now, MrStacker said:

I give up 😭😭😭

You will be removed from rocket ship soon.