Looks like London could be a bullish session

Gold with No Drama

Its pretty simple what gold did. It tapped the daily fvg faced rejection and is continuing its downtrend atleast for D1. If on Thursday price manages to break Tuesdays low we might see continuation of the trend. Thats just what im reading this chart ...

Gold with No Drama

Rather than taking trades rn just look at the chart. Powell is going to speak soon so be careful about opening new positions also both sides are completely open rn until we see a clear break on either sides its just risky rn to trade

Gold with No Drama

It did

Gold with No Drama

Everyone should be careful for todays FOMC its recommended to not trade during that time but still. Right now this bullish leg could very well just be a retrace for another move for the downside so before buying check your levels as they always say ...

Gold with No Drama

Ive got some news for your brotato...

Gold with No Drama

No clue but it looks similar to what happened last wednesday on Tokyo open where price fell 2% and recovered almost instantly. However idk if its currently bearish or bullish

Gold with No Drama

yeah wth was that

Gold with No Drama

Hey just wanted to know from all the experienced traders out there is it uncommon for all 3 sessions to be either bullish or bearish at the same time and if it is, is there a specific pattern that you guys have discovered about it or is it just ...

Gold with No Drama

There has been a considerable fall in dxy hence why gold is moving up currently. If dollar keeps falling then yeah gold will just keep following that

Gold with No Drama

Lmao yeah Ive also been waiting for some sort of a retracement but looking at the chart its just not willing to give any. Maybe will find opportunities in NY but other than that I might just sit out

Gold with No Drama

Damn this is just like last Tuesdays fall its barely giving any retracements for the downside. Pretty sure alot of people got cooked who had their sl near 3970-3980 Also keep an eye out on Silver shits going crazy over there as well

Gold with No Drama

Yeah definetly should avoid buying rn unless we see some strength in reversals its looking really bearish as of now. Also do you think the market has already factored in the rate cuts or nah

Gold with No Drama

Got a pretty good movement for now ill just trail cause if 4000 gets broken we can go to 3960s

Gold with No Drama

Why exactly 133 price did look like it reversed from there but was there any specific zone that i missed

Gold with No Drama

Yeah pretty sure thats what were seeing rn but the question is when will it break 4160. Next week surely

Gold with No Drama

Caught this nice movement downwards so yeah im done with the day. Excited to see what price does tomorrow and CPI is also on Friday so we might just see the bullish leg continuing

Gold with No Drama

Just wait for confirmations before entering this is a very risky zone. Could get stopped on both sides

Gold with No Drama

Keep a track on DXY as well since that will majorly affect how gold moves rn

Gold with No Drama

Potential longs from this H4 fvg? Looks like a good retracement overall but will have to wait and watch

Gold with No Drama