As expected, the Senate was next. The debt crisis is hardly a shock to gold anymore.

Gold

Yes. Trends may not change that easily. But when a signal appears, I have to trade the signal. The rest is up to God and time.

Gold

You may be right, but I still stand by my opinion that the trend has changed on the H4 chart. Of course, it could be a false breakout. The "W" bottom is the basis of my judgment. Whether the trend will last or not, I don't know. image

Gold

Unfortunately, I seem to be on the opposite side of the fence from you.

Gold

Good afternoon. Gold, H1,. As I understand the trend, the trend has changed in that cycle. the same is true for H4. However, D1 is still in a downtrend and it will take time to see if the minor trend can transform into a major trend. image

Gold

Yes, you are right. M5, I've been stressing about the cycle. It is illogical to leave the cycle to explore the trend. Is that right?

Gold

My opinion M5, gold is still a big risk for short orders until it falls below 1942. M5 is still up structurally. Of course, the market may change this status. image

Gold

Hit TP, as expected. It's just a shame that I didn't get in. Because the trend is still short. M5，The upward structure continues. If down, the structure of the minor cycle needs to be changed first. Worth thinking about. image

Gold

M5, short term opportunities. May be accompanied by a significant risk that the trend is moving down. image

Gold

Yes, my friend, you are right. I need to prepare Plan B. I experienced multiple trade losses in the last week and honestly it affected my mindset. I need to reflect on it.

Gold

Missing. Been waiting for the price to return to the target point, but unfortunately it keeps moving. Is there any way to change yourself based on price action? image

Gold

It's a deal I can't control. I don't know how to adjust when the price doesn't go the way I expect.

Gold

Similar idea, but we may miss it.

Gold

Monday was equally unkind to me, and I've already lost $100.

Cable Update (GBPUSD)

Good afternoon, great traders. Today some countries are closed for holidays and no major volatility is expected in gold. I remain bearish on the broad cycle of gold. Please check out my trading ideas. image

Gold

M5. The upswing continues with poor results at the resistance levels. image

Gold

By the way, don't forget the PCE data, which could change all that, especially if there is a divide within the Fed.

Gold

Good afternoon, traders. Will gold continue to break down today? I remain bearish on gold, When the price reaches 1954, it is necessary to focus on smaller cycles of price behavior. Let the market tell you what it will do next, not what you think it ...

Gold

Regarding the breakout, my idea is to focus on smaller cycles of the structure. Trend shifts usually start from smaller cycles. I still need to think about it and verify it. Thank you for your help.

Gold

Yes, DXY is rising strongly, that might be an idea. Thank you, I need time to verify.

Gold