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Gold

  • #801
  • Sep 16, 2021 5:07am Sep 16, 2021 5:07am
Please have a look at this chart
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  • #802
  • Sep 16, 2021 5:09am Sep 16, 2021 5:09am
already break 1779 before news,

i cancel my sell if then..and wait till news

confusing week, break up, and break down..
  • #803
  • Sep 16, 2021 5:23am Sep 16, 2021 5:23am
In my opinion, best to wait for news and then trade, either gold has hit the lows and preparing for a move beyond 1830 or we will see continuation of bear attack till 1750
  • #804
  • Sep 16, 2021 5:27am Sep 16, 2021 5:27am
Is that really 250 pip moved in half day?
Everything is possible but not guaranteed
  • #805
  • Sep 16, 2021 5:30am Sep 16, 2021 5:30am
Quoting Passenger12
Is that really 250 pip moved in half day?
I have seen gold moving 1000 pips in a day, 250 pips is quite normal
  • #806
  • Sep 16, 2021 5:31am Sep 16, 2021 5:31am
Quoting fxmasterdxb
{quote} I have seen gold moving 1000 pips in a day, 250 pips is quite normal
Now i think to take tight seat when join this pair
Everything is possible but not guaranteed
  • #807
  • Sep 16, 2021 5:36am Sep 16, 2021 5:36am
Quoting Passenger12
Is that really 250 pip moved in half day?
that's why now gold become more tractive than GBP...(leave 'cable update')...hahaha..one time you make a good entry don't give it back to take hundred pips in a day..
  • #808
  • Sep 16, 2021 5:39am Sep 16, 2021 5:39am
Quoting baikenan
{quote} that's why now gold become more tractive than GBP...(leave 'cable update')...hahaha..one time you make a good entry don't give it back to take hundred pips in a day..
But both pairs are really good for learn fx trading... Now this my second home
Everything is possible but not guaranteed
  • #809
  • Sep 16, 2021 5:45am Sep 16, 2021 5:45am
I think this is the edge of 3rd wave at daily bull flag... I could be wrong
Attached Image (click to enlarge)
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Everything is possible but not guaranteed
  • #810
  • Sep 16, 2021 6:01am Sep 16, 2021 6:01am
Quoting Passenger12
I think this is the edge of 3rd wave at daily bull flag... I could be wrong{image}
how you counting the wave, please show us..
  • #811
  • Sep 16, 2021 7:01am Sep 16, 2021 7:01am
Gold is on fire, my god this is dropping like hell

I think the max for today is somewhere between 1759-1762
  • #812
  • Sep 16, 2021 7:07am Sep 16, 2021 7:07am
Quoting fxmasterdxb
Gold is on fire, my god this is dropping like hell I think the max for today is somewhere between 1759-1762

And I expected the drop. However, while shorting at 1804, the increase to 1806 killed mine setup
  • #813
  • Sep 16, 2021 7:10am Sep 16, 2021 7:10am
Quoting Eren10
{quote} And I expected the drop. However, while shorting at 1804, the increase to 1806 killed mine setup
You were right, you did say yesterday it’ll drop to 1780 and below
  • #814
  • Sep 16, 2021 7:14am Sep 16, 2021 7:14am
does anyone know why the f''ck gold is dropping?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #815
  • Sep 16, 2021 7:15am Sep 16, 2021 7:15am
Quoting baikenan
{quote} how you counting the wave, please show us..
I'm newbie in forex, pointing wave is new learn for me. As a pict post, i start count first correction wave as 1st wave, lowest point from correction wave as next wave starting. Now still learn with minor wave inside. Sure you can correcting me as my learning purpose.

Note : last entry was out manually.
Everything is possible but not guaranteed
  • #816
  • Sep 16, 2021 7:36am Sep 16, 2021 7:36am
Quoting fxmasterdxb
{quote} You were right, you did say yesterday it’ll drop to 1780 and below
Too early to say it but with more tapering hype and news gold (starting of tapering) could drop 200 dollar more.
  • #817
  • Sep 16, 2021 7:38am Sep 16, 2021 7:38am
my ship waiting at 1725... hope it can be touched there
  • #818
  • Sep 16, 2021 7:40am Sep 16, 2021 7:40am
I was expecting a strong move after the dollar news came out, but I see that for now we are still in the same zone and I see no interest from the bulls
  • #819
  • Sep 16, 2021 7:41am Sep 16, 2021 7:41am
abandon bulls for now...
  • #820
  • Sep 16, 2021 7:42am Sep 16, 2021 7:42am
in h1 it is oversold, maybe we have to wait for the closing in h4
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