Bearish rejection off daily pivot indicates more downward movement to come as shown this past week

Gold

Can some of you buyers show your rationale and analysis for buying? Just curious as to where the buy opportunities are in this environment.

Gold

Gold has been range prone lately as it settles into a range as soon as it starts a trend so i anticipate it will drop to this level sometime this week if not next week however this is a potential target so it may not be reached at all since we are ...

Gold

Lets get a break below 1896 before fomc!! My shorts are way up at 1945 to 1921. All protected and in the direction of value with a potential(realistic) target. No stress and no panic when you know the value direction. Just sit back and watch the ...

Gold

maybe fomc meetings in a couple of hours will move it down more?

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Wish the buyers would just give up lol

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Gold is so slow lol. I remember gold being faster.

Gold

Time for a nice drop. Value forming at middle of session could indicate direction change. I want a nice push down under 1900 to maintain the bearish momentum

Gold

[quote=Pipsolengelo;14536847] what was your analysis for selling that low?

Gold

I feel like perhaps a push downward from here. Value now being found in middle of session in support territory so bulls are going to try and push but I feel like bears still in control longer term.

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Got the breaks. Weekly S1 offering support but I dont think it will be powerful enough to change the trajectory. I think it is still south bound to 1866(monthly S2) especially if value forms under weekly S1.

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Let's see if we can get that break of 1902. Weekly S1 at 1900 break would be nice as well.

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This is a good suggestion. I feel as though money management(letting profits run and cutting losses) or high accuracy methodologies(taking large profitable trades, reducing losing trades) are really ultimately doing the same thing which is maximize ...

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This week im long Cadjpy and short Netflix. Same set up. 2 set ups already and im good. Anything extra this week is a bonus.

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What matters is how many set ups you are satisfied with, how accurate they are and how far they move. It is okay to have only one set up a week however it has to be very accurate. It is even better if the set up is easy to spot and generates large ...

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Going long in this strong bearish strength sentiment is dangerous. Don't unless you know what you are doing. Could go down to the monthly S2(1866). Trade value not price. image image

Gold

lol

New Cable Thread & Other Pairs

Value found at the bottom of US session yet again since perception of value was still price at lower prices and the down move I anticipated happened in US session. Value keeps being found at low prices. image

Gold

Value was found below the monthly S1. A move down from monthly middle pivot suggest bearish strength with target to monthly S1. After a move down from monthly pivot, a break below monthly S1 suggest even more bearish strength with target to monthly ...

Gold

Gold has moved at a snails pace last couple of weeks lol

Gold