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BiteFX replied Jan 15, 2025May be I will title my next thread "PROPHET OF DOOM" image In the mean time , we keep on collecting previous metal.
Gold
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BiteFX replied Jan 15, 2025image I intentionally cut out the parameters so most people will not think that the indicators are the reason(s) for entering or exiting a trade. They only provide assistance to price movement on the chart. That being said... We are still B$
Gold
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BiteFX replied Jan 15, 2025Buy position is called LONG for a reason, while Sell position is called SHORT for another reason.
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BiteFX replied Jan 15, 2025Yes, true. On Monday, @2689.77 buyers failed to pressure so sellers took over. Now my thought, if buyers gets there again with good pressure, they will go higher.
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BiteFX replied Jan 15, 2025Never!? I laugh in Japanese... This is not the first time I would be called a prophet of doom. Some even unfollowed me because of that. Nonetheless, I trade alone. Everybody gets what they want from the market eventually- Ed Seykota.
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BiteFX replied Jan 14, 2025The set up for a new all time high might be staring at us in the face.
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BiteFX replied Jan 13, 2025image Sell is established. I am looking at this now. B$ retracement, then S$ to continue.
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BiteFX replied Jan 13, 2025I think selling will be more like trying to predict a reversal other than following an established move. In this case otherwise proven, buying is more established.
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BiteFX replied Jan 13, 2025Yeah... Long time coming. We hope to see more of you brother. Great job!

Gold (Elliott Wave Analysis)