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  • #6,061
  • Mar 21, 2023 3:30am Mar 21, 2023 3:30am
Quoting lucaswalliam
{quote} My view, if the price can effectively fall below 1960, 1930 could be the next target level. However, the Fed rate meeting could change all that. Good luck.
I won't join when the Fed speaks, I lose too much when it comes to the news.
for me when the big news "stay out of the game" . trade safe
  • #6,062
  • Mar 21, 2023 3:32am Mar 21, 2023 3:32am
Quoting lucaswalliam
{quote} Risk aversion has sent gold up too much and subjectively it will still have room to fall. However, the Fed will make the only distraction and it will invalidate technical analysis.
agreed
  • #6,063
  • Mar 21, 2023 3:37am Mar 21, 2023 3:37am
Prices may run that way?
The Federal Reserve raised interest rates by 25 basis points, which is a probable event. Can continue to push gold higher, mainly depends on future rate hike expectations.
Everything is unknown. Protect our property well.
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Just follow the trend.
  • #6,064
  • Mar 21, 2023 3:39am Mar 21, 2023 3:39am
Quoting Toasangvv
{quote} I won't join when the Fed speaks, I lose too much when it comes to the news. for me when the big news "stay out of the game" . trade safe
Yes. I plan to stay away from this "game" too. After all, investing to make money is a long-term thing and there's no point in taking that risk.
Just follow the trend.
  • #6,065
  • Mar 21, 2023 3:51am Mar 21, 2023 3:51am
Quoting lucaswalliam
{quote} Yes. I plan to stay away from this "game" too. After all, investing to make money is a long-term thing and there's no point in taking that risk.
agreed (y)
  • #6,066
  • Mar 21, 2023 4:44am Mar 21, 2023 4:44am
Quoting aahmad29
My trading day started nicely. My target is 2% return. I am going to mark high and low areas in M1 timeframe so that it is easy later. {image}
I have exceeded my target of 2% and currently i have 3.54% return. London session was amazing. Now lets see if NY session give me something or take away some profit. I am gonna give it a try to trade news tomorrow.
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Love for all; Hatred for none.
  • #6,067
  • Mar 21, 2023 4:45am Mar 21, 2023 4:45am
Yesterdays's support interupt the bears attack same as yesterday. That's why I prefer scalping only during retracements.Book profit time to time instead of wait for the loss you earned.Trade safe
  • #6,068
  • Mar 21, 2023 4:58am Mar 21, 2023 4:58am
Any big move is expected in NY session?
Love for all; Hatred for none.
  • #6,069
  • Mar 21, 2023 5:02am Mar 21, 2023 5:02am
Quoting aahmad29
Any big move is expected in NY session?
Bears attack can be possible after break of 1963 and Bulls attack is possible above 1984.I may be wrong.Trade safe
  • #6,070
  • Mar 21, 2023 5:25am Mar 21, 2023 5:25am
Quoting parveenverma
{quote}Bears attack can be possible after break of 1963 and Bulls attack is possible above 1984.I may be wrong.Trade safe
Thanks
Love for all; Hatred for none.
  • #6,071
  • Mar 21, 2023 5:43am Mar 21, 2023 5:43am
Be careful, I suspect gold will create a sideway until the news . trade safe
  • #6,072
  • Mar 21, 2023 5:51am Mar 21, 2023 5:51am
Strong support @ 1960,if breaks next trgt 1943...
If it bounce back (may be in NY Session),it can get back to 1988...
Trade safe...
Its all about Timing!!!
  • #6,073
  • Edited 8:43am Mar 21, 2023 8:01am | Edited 8:43am
______________ ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #6,074
  • Mar 21, 2023 8:25am Mar 21, 2023 8:25am
Quoting Murugesh29
Strong support @ 1960,if breaks next trgt 1943... If it bounce back (may be in NY Session),it can get back to 1988... Trade safe...
great , I was skeptical when the downforce is quite weak , will probably return to 198x before the news
  • #6,075
  • Mar 21, 2023 8:40am Mar 21, 2023 8:40am
Quoting Toasangvv
{quote} great , I was skeptical when the downforce is quite weak , will probably return to 198x before the news
U mean the fed news?(fomc)
Its all about Timing!!!
  • #6,076
  • Mar 21, 2023 8:46am Mar 21, 2023 8:46am
Quoting Murugesh29
{quote} U mean the fed news?(fomc)
yes , but im wrong . gold dowing
  • #6,077
  • Mar 21, 2023 8:52am Mar 21, 2023 8:52am
Quoting Toasangvv
{quote} yes , but im wrong . gold dowing
From 1943 to 2000/ or i still have some gap in between 1870...
But whatever fed news gonna rocket gold to north..
Its all about Timing!!!
  • #6,078
  • Mar 21, 2023 8:57am Mar 21, 2023 8:57am
Maximum retracement of M30 & 1H complete 1953.Trade safe
  • #6,079
  • Mar 21, 2023 9:01am Mar 21, 2023 9:01am
Its push back time...trade safe
Its all about Timing!!!
  • #6,080
  • Mar 21, 2023 9:14am Mar 21, 2023 9:14am
Quoting Comeonffs
Failed retest Looks like we're coming back down {image}
Ridiculous dip back down as i stated but I just can't get an entry on this bearish momentum.
It's very frustrating honestly
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