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  • #4,441
  • Dec 1, 2022 6:44am Dec 1, 2022 6:44am
Quoting kvmystic
{quote} I also think abt it but everything will be clear within one to two hour after news.
ForexGoose has taught us well to wait and see when NYSE session opens, but all the news, it can be a roller coaster ride... I'm thinking like Ahmad, it hasn't touched 1800 yet, and would probably, before finally going back down to 1600 (I hope).
"Who Dares Wins"
  • #4,442
  • Dec 1, 2022 6:51am Dec 1, 2022 6:51am
Quoting aahmad29
{quote} I am putting sell stop orders after price cross certain levels. I already mentioned that price will try to hit 1800. When price will hit 1800 I will put Sell stop at 1784 with target of 1753
Love the approach, thank you Aahmad!
"Who Dares Wins"
  • #4,443
  • Dec 1, 2022 6:51am Dec 1, 2022 6:51am
Gold shows good buy movement. I'd say it will grow more.
  • #4,444
  • Dec 1, 2022 6:53am Dec 1, 2022 6:53am
gold sell 1785.00
st 1786.00
tp1 1782
tp2: 1780
tp3: 1775
  • #4,445
  • Dec 1, 2022 7:38am Dec 1, 2022 7:38am
Quoting love.l0ve
{image} During Powell speaking {image}Lucky week


risky but it paid off.
  • #4,446
  • Dec 1, 2022 7:39am Dec 1, 2022 7:39am
Quoting ForexGoose
{quote} this rally should continue above 1784 i will add more long positions later if the price stays above 1784 on 4h
Core PCE Price Index m/m data was soft, I bought Gold at 1785, stop loss under 1775, target 1800+
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-12-01_08-38-58.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,447
  • Dec 1, 2022 8:20am Dec 1, 2022 8:20am
Quoting ForexGoose
{quote} Core PCE Price Index m/m data was soft, I bought Gold at 1785, stop loss under 1775, target 1800+ {image}
next target for me will be 1810 if the bulls continue rallying

Quote
The core personal consumption expenditures price index, a gauge that excludes food and energy and is favored by the Federal Reserve, rose 0.2% for the month and was up 5% from a year ago. The monthly increase was below the 0.3% Dow Jones estimate, while the annual gain was in line.

https://www.cnbc.com/2022/12/01/key-...expected-.html
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-12-01_09-19-36.png Size: 33 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,448
  • Dec 1, 2022 8:37am Dec 1, 2022 8:37am
Quoting Ravenfeeder
{quote} ForexGoose has taught us well to wait and see when NYSE session opens, but all the news, it can be a roller coaster ride... I'm thinking like Ahmad, it hasn't touched 1800 yet, and would probably, before finally going back down to 1600 (I hope).
i hope it will go back to 1700.. still have my sell position there.. lol
maybe i'll follow sir Ahmad to put sell stop at 1784 and clear all position at 1753 with a little loss.. i don't know if the price will go lower in short term looking the dxy keep going weaker.
  • #4,449
  • Dec 1, 2022 8:49am Dec 1, 2022 8:49am
Quoting rennauzopip
My view on Gold {image}
Gold did what I predicted.
  • #4,450
  • Dec 1, 2022 8:50am Dec 1, 2022 8:50am
Quoting sboy.s63
{quote} I believe that gold should touch 1795-1800. Now, considering that the monthly candle closes today, this may not happen today, but it will happen soon.
It happened as I said
  • #4,451
  • Dec 1, 2022 9:00am Dec 1, 2022 9:00am
Quoting ForexGoose
{quote} Core PCE Price Index m/m data was soft, I bought Gold at 1785, stop loss under 1775, target 1800+ {image}
First of all thanks a lot for your precise analysis , i very eagerly wait for your inputs...
  • #4,452
  • Dec 1, 2022 9:03am Dec 1, 2022 9:03am
sell gold 1803.12
st 1804
tp :1800
  • #4,453
  • Dec 1, 2022 9:13am Dec 1, 2022 9:13am
Quoting sboy.s63
sell gold 1803.12 st 1804 tp :1800
The target was touched
  • #4,454
  • Dec 1, 2022 9:32am Dec 1, 2022 9:32am
Sell limit activated at 1800 with target of 1785
Love for all; Hatred for none.
  • #4,455
  • Dec 1, 2022 9:37am Dec 1, 2022 9:37am
Four months waited to close 2 long positions at 1796 among 11 other positions. There were total 13 positions which I closed during bullish move. Now let’s see what happen once bearish Journey starts .
Love for all; Hatred for none.
  • #4,456
  • Dec 1, 2022 9:47am Dec 1, 2022 9:47am
Quoting aahmad29
Four months waited to close 2 long positions at 1796 among 11 other positions. There were total 13 positions which I closed during bullish move. Now let’s see what happen once bearish Journey starts .
i admire your patience sir. I regret i cut loss my buy positions too soon. should've wait a little longer than i can close all in profit.
So i assume now you already clear all your buy positions?
  • #4,457
  • Dec 1, 2022 10:10am Dec 1, 2022 10:10am
Quoting aahmad29
Four months waited to close 2 long positions at 1796 among 11 other positions. There were total 13 positions which I closed during bullish move. Now let’s see what happen once bearish Journey starts .
I like the way you trade especially your money management
  • #4,458
  • Dec 1, 2022 10:40am Dec 1, 2022 10:40am
Quoting aahmad29
{quote} I also have two positions with target of 1780 and I will also add one short position. But I am still going to leave two long positions with target of 1799. Price may be go back to test 1700 level but will come back to hit or pass 1800 level.
This was my August 1 statement where i picked up gap at 1800 and 1813 and starting to add long positions. I used to add Limit orders. Once bearish journey starts then i will start closing trades and now i will transform my way of trading to use pending STOP orders above or below the 15 Minutes gaps to improve the return percentage.
Love for all; Hatred for none.
  • #4,459
  • Dec 1, 2022 10:44am Dec 1, 2022 10:44am
Quoting Jers
{quote} i admire your patience sir. I regret i cut loss my buy positions too soon. should've wait a little longer than i can close all in profit. So i assume now you already clear all your buy positions?
Yes i have closed all long term Buy positions but remember two things that i close some positions in loss not because that position hit SL, i close it because i have already made profit and have room to close that position in loss so that i have more available margin. I have divided my equity into two parts. One for long term positions and one for scalping purpose. I will still be using BUY positions for scalping but not for long term trade.
Love for all; Hatred for none.
  • #4,460
  • Dec 1, 2022 11:17am Dec 1, 2022 11:17am
Quoting ForexGoose
{quote} Core PCE Price Index m/m data was soft, I bought Gold at 1785, stop loss under 1775, target 1800+ {image}
Is this trend of gold strengthening against the dollar also true for the eurusd pair?
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