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Gold

  • #4,501
  • Dec 6, 2022 5:06am Dec 6, 2022 5:06am
Longing Gold
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  • #4,502
  • Dec 6, 2022 6:00am Dec 6, 2022 6:00am
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  • #4,503
  • Dec 6, 2022 6:07am Dec 6, 2022 6:07am
I won’t go long until H4 candle close above 1786.
Love for all; Hatred for none.
  • #4,504
  • Dec 6, 2022 6:50am Dec 6, 2022 6:50am
on h1 and h4 timeframes are false rising. gold still shows downward movement. this slight rise was rather on the news. who managed they got profit. rest can sell now.
  • #4,505
  • Dec 6, 2022 7:16am Dec 6, 2022 7:16am
Quoting aahmad29
I won’t go long until H4 candle close above 1786.
I agree with you
  • #4,506
  • Dec 6, 2022 7:28am Dec 6, 2022 7:28am
Quoting ForexGoose
{quote} bought at 1777, stop loss under 1767, target 1800+
still in this position, waiting for a rally

the PPI report on Friday will be big news
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,507
  • Dec 6, 2022 7:39am Dec 6, 2022 7:39am
Quoting ForexGoose
{quote} still in this position, waiting for a rally the PPI report on Friday will be big news
So right now you only have long positions on gold ?
  • #4,508
  • Dec 6, 2022 8:43am Dec 6, 2022 8:43am
Quoting Akhter
{quote} So right now you only have long positions on gold ?
yes, and I have a buy stop order higher
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,509
  • Dec 6, 2022 8:52am Dec 6, 2022 8:52am
Quoting aahmad29
If ISM Services report came with green numbers on Monday then Gold is gonna fall like waterfall because there is no economic report until next Friday.
Great analysis , it did fell like autumn leaves ....
  • #4,510
  • Dec 6, 2022 8:57am Dec 6, 2022 8:57am
Quoting Akhter
{quote} Great analysis , it did fell like autumn leaves ....
Just be careful in this situation, if H4 candle does not close above 1786 then tomorrow’s unemployment claims (which is not red news) can move the market and then Friday will be decision day.
Love for all; Hatred for none.
  • #4,511
  • Dec 6, 2022 9:29am Dec 6, 2022 9:29am
Hi guys..
There's a grave stone candlestick on H4..do you think it's bearish continuation?
I'm learning to trust my own charts..
  • #4,512
  • Dec 6, 2022 9:30am Dec 6, 2022 9:30am
My target will be 1765..1760..1648
I'm learning to trust my own charts..
  • #4,513
  • Dec 6, 2022 9:57am Dec 6, 2022 9:57am
Quoting ForexGoose
{quote} still in this position, waiting for a rally the PPI report on Friday will be big news
i might be stopped out today if the price falls under 1767
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,514
  • Dec 6, 2022 12:34pm Dec 6, 2022 12:34pm
Quoting aahmad29
{quote} Just be careful in this situation, if H4 candle does not close above 1786 then tomorrow’s unemployment claims (which is not red news) can move the market and then Friday will be decision day.
so do u think market will be consolidating between 1765 and 1780 till friday
  • #4,515
  • Dec 6, 2022 2:48pm Dec 6, 2022 2:48pm
Quoting Akhter
{quote} so do u think market will be consolidating between 1765 and 1780 till friday
I am not good in analysis and candle pattern but yes there is one thing which I don’t ignore(connecting wicks)
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Love for all; Hatred for none.
  • #4,516
  • Dec 7, 2022 8:22am Dec 7, 2022 8:22am
Quoting ForexGoose
{quote} bought at 1777, stop loss under 1767, target 1800+
exited position with minor profit
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,517
  • Dec 7, 2022 8:32am Dec 7, 2022 8:32am
Quoting ForexGoose
{quote} exited position with minor profit
Are u proposing bearish sentiment towards gold ?
  • #4,518
  • Dec 7, 2022 8:48am Dec 7, 2022 8:48am
Quoting ForexGoose
{quote} buy stop order at 1784 placed, stop loss under 1780, target 1800+
closed the buy stop order with minor profit

i will wait until Friday after the red data to decide if I want to buy or sell
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #4,519
  • Dec 7, 2022 8:54am Dec 7, 2022 8:54am
should we expect 1800?
  • #4,520
  • Dec 7, 2022 9:16am Dec 7, 2022 9:16am
Quoting abimalik
should we expect 1800?
It depends on Friday data
Love for all; Hatred for none.
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