Gold

Cool.

Hello guys.
I am a newbie.
I have sell trades at 3318.9 and 33.19.15 of (0.03+0.03) lots from last 6 hours
My balance is $236
Where should I put my SL?
Any good suggestion please. I am so confused now.

Hello Guys,
nice GOLD move yesterday,
3110 limit order didnt get filled my bad,
i will try to enter again close to that level maybe 3315 for 330 if hit then second trade will be again 3350
i am not sure will it get filled this week,
its all about politics now,
but again GOLD is GOLD it will find a reason to move,

as you can see in the screen shot.
it is not coming to 3025 adn 3175 any time soon, i hope.
but in the mean time daily interest of holding the trades specially in futures is great.
the more you hold the more premium you get. as you can se it is today 45Days
in the screen shot it says 41D or 41 days,
this is another account just for Gold,
not Stocks,
that is how you trade,
you make multiple accounts for Each pair or currency,
that way you will control the out come if gold trade gave you loss you have noather account to focus on
its all about Money Management.


so i am still holding
my point for spot trading is i will try to get 3350.
but i am not in a hurry i am will wait for 3310 or close to buy for short term,
in forex i mean.

if it didnt work out i will close.
just my 2 cents.
Good luck.

Gold
Bullish signal.

Rejection at 100 day SMA. D1
And falling Wedge correction.
Break above wedge trendline, increase the probability for bounce up to news ATH.

It would sided with dovish powell.
With ticking up inf, and bad emplo, Gold will start priced in further long end yield curve exploded.

Under TL, we still in sell possibilty; with Powell hawkish, which is more likely.

well said.
nice to see someone actually knows something about Money and how it works.
almost 40% USD in circullation was printed in Covid alone in 18 months.
that is a fact.
just my 2 cents
that is how Central banks actually control the economy,
Money is like a Story of Power Control and Deception.

you might think you are earning more,
but inflation takes that away every month every year your purchasing power is becoming less and less.
according to nobel prize winner Dr Kehmen
in future People have to invest (anywhere doesnt matter) just to Survive, or keep up with the Lifestyle they are used to today,
some predicted 5 years, some even said 3 years,
i just read a lot,
but looking around and looking at economies around the world,
I STILL WONDER,
HYPERINFLATION IN ZIMBABWE when they printed unlimited money,
and 1 bread was worth million $.
could that happen to the adnvace nation like USA?

Dr Sherry nobel prize winner said: it is not impossible,
that is when i look at BITCOIN and wonder,
what happen back in 2008
did the nick name (satoshi) was he an investor
did he lost in 2008 crash is that then the trust in govenments system changed his mind set,
he may understood that it is a rigged game from the start since 1694
anyways that is why maybe just maybe he started creating a system which will be controled by people not the GOVTS.
which keeps us Broke,
because they need workers to build to work for them.
about bitcoin i never thought in my creams it will hit 10K
when i bought it it was $3 something
to be honest i never thought it will ever get to 10$ even,
but a guy came to me he needed money he had bitcoins,
so i thought i could help him but lets buy
honestly he showed me how to create a bitcoin wallet explained it to me how to send and receive bitcoins it was bitcoin.org back then,
anyways 317 bitcoins for 1,500 Dirhams, my 1 month salary.

i got them at half price to be honest i never asked the reason he wanted money,
anyways my point that was PURE LUCK i was LUCKY i bought and to be honest i even forgot i had them untill the hype when bitcoin hit 10K
and i saw my 450$ is not worth 320K
my point sometime LUCK also plays a big role in your life,
that was hell of lucky strike.

so my advise is yes we do everything by preparing and waiting but sometimes we need a little bit of luck also.
so don't ever loose Hope, I am muslim so my religion taught me not to loose hope.

wish you guys all the best.

Looking for 3320

sell limit 3330-3334

gold - 15min ... those who hold this entry , move SL at breakeven... till now 70 pips done

another risky sell at potential level, still looking for 3305 and below, looking for a reversal in low time frame H1 and M15, later H4 will show direction of today movement. Price could retrace till 3336 and still remain down trend, a break above this level could be the reversal.
Edited: BE taken

3329.00 or 3336.00 resistance.

Pivot 3325.52 : 30 pip

Jack, no my man, just no

but thats what the ICT and SMC trading gurus have been telling us! they cant be lying.

ps: the (/s) in my previous post stands for sarcasm

gold 15min ...

Oops my bad man Sorry.

But sadly there are many traders who think this way, the amount of misinformation from so called gurus and youtubers is a big problem

no orderbook, no DOM, no footprint but they can see the liquidity and retail SL beyond the wick by drawing a single horizontal line lol.

i guess our eyes arent sharp enough

You motherfcker

No idea seriously, waiting for FOMC or some news about russia.

im expecting this (15m) but ill wait for my cues , stung me once this morning current p/l : -1.14% for the day

heavy sells today, but i see where your going with this, unfilled void above with yesterdays open just above it, some serious buy side liquidity resting there