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  • #6,781
  • Apr 17, 2023 2:00am Apr 17, 2023 2:00am
Quoting damsak
{quote} Possible up and down reverse points {image}
Market is staying at 61.8% of 4H TF so retracement up to 2006 to 2000 area possible now.Today scalps entries can become better option.I may be wrong.Trade safe
  • #6,782
  • Apr 17, 2023 2:03am Apr 17, 2023 2:03am
Quoting de5151
The rising wedge of gold, getting ready for the big down move. {image}
It's going to be a long process.
Ignoring the fundamentals such as the Fed for now, from a technical point of view, gold needs to fall below the strong 1981 support to continue its decline, otherwise I think it will continue to rise.
Just follow the trend.
  • #6,783
  • Apr 17, 2023 2:45am Apr 17, 2023 2:45am
Quoting damsak
My next possible GOLD reverse points. Mainly I'm expecting a gold down move. and in the mean time there could be some up down pullbacks. we might get chance to make short term trades and scalps https://youtu.be/C5qz07ouZq8
As expected.. market just trying to reverse from the predicted area
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  • #6,784
  • Apr 17, 2023 3:28am Apr 17, 2023 3:28am
Quoting damsak
My next possible GOLD reverse points. Mainly I'm expecting a gold down move. and in the mean time there could be some up down pullbacks. we might get chance to make short term trades and scalps https://youtu.be/C5qz07ouZq8
And now it's even more down. Those who made scalps, now can leave the trades
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  • #6,785
  • Apr 17, 2023 3:43am Apr 17, 2023 3:43am
Quoting damsak
{quote} And now it's even more down. Those who made scalps, now can leave the trades {image}
Scalp trading is not for me and I will choose to continue to hold.
Just follow the trend.
  • #6,786
  • Apr 17, 2023 3:46am Apr 17, 2023 3:46am
Quoting lucaswalliam
{quote} Scalp trading is not for me and I will choose to continue to hold.
Yeah. Just move SL to the break even.
  • #6,787
  • Apr 17, 2023 4:23am Apr 17, 2023 4:23am
Sell 2011.50
TP 2008
Love for all; Hatred for none.
  • #6,788
  • Apr 17, 2023 5:13am Apr 17, 2023 5:13am
Quoting aahmad29
Sell 2011.50 TP 2008
closed at 2008.50
Love for all; Hatred for none.
  • #6,789
  • Apr 17, 2023 6:09am Apr 17, 2023 6:09am
Quoting damsak
My next possible GOLD reverse points. Mainly I'm expecting a gold down move. and in the mean time there could be some up down pullbacks. we might get chance to make short term trades and scalps https://youtu.be/C5qz07ouZq8
As expected in the video, the gold reaching to next reverse point. From the previous down reverse point made around 90 pips

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  • #6,790
  • Apr 17, 2023 7:38am Apr 17, 2023 7:38am
Gold taking support at 2002

Trade safe
Its all about Timing!!!
  • #6,791
  • Apr 17, 2023 7:40am Apr 17, 2023 7:40am
Quoting damsak
My next possible GOLD reverse points. Mainly I'm expecting a gold down move. and in the mean time there could be some up down pullbacks. we might get chance to make short term trades and scalps https://youtu.be/C5qz07ouZq8
Exactly as expected gold just trying to reverse from the up reverse point which is our second reverse point

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  • #6,792
  • Apr 17, 2023 7:54am Apr 17, 2023 7:54am
Quoting damsak
{quote} Exactly as expected gold just trying to reverse from the up reverse point which is our second reverse point {image}
Yeah I mentioned earlier that this would happened. quick scalps
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Inserted Video
  • #6,793
  • Apr 17, 2023 8:52am Apr 17, 2023 8:52am
Quoting damsak
My next possible GOLD reverse points. Mainly I'm expecting a gold down move. and in the mean time there could be some up down pullbacks. we might get chance to make short term trades and scalps https://youtu.be/C5qz07ouZq8
and have a look at now the charts the gold just reversed from our next 3rd reverse point exactly as mentioned in the video
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  • #6,794
  • Edited 9:49am Apr 17, 2023 9:16am | Edited 9:49am
Market reached in the area where double support 4H & Daily along with.If market not hold here I doubt then 4H trend is going to changed today.Bulls are not in the picture only bears on my chart till now.I may be wrong.Trade safe.
  • #6,795
  • Apr 17, 2023 9:53am Apr 17, 2023 9:53am
Quoting parveenverma
Market reached in the area where double support 4H & Daily along with.If market not hold here I doubt then 4H trend is going to changed today.Bulls are not in the picture only bears on my chart till now.I may be wrong.Trade safe.
It's not Good for Gold Bulls...4H trend change signal on my chart.Trade safe
Edit: Bulls required to break 2048 before Friday close to change above scenario and that seems not possible.Trade safe
  • #6,796
  • Apr 17, 2023 10:05am Apr 17, 2023 10:05am
Quoting parveenverma
{quote}It's not Good for Gold Bulls...4H trend change signal on my chart.Trade safe Edit: Bulls required to break 2048 before Friday close to change above scenario and that seems not possible.Trade safe
1870 has gap in my chart,may be this will be the week...
1935,1902,1870...
1983 doesn't hold,bearish for this week...Edit(Thursday and Friday news)
Its all about Timing!!!
  • #6,797
  • Apr 17, 2023 10:14am Apr 17, 2023 10:14am
Quoting Murugesh29
{quote} 1870 has gap in my chart,may be this will be the week... 1935,1902,1870... 1983 doesn't hold,bearish for this week...Edit(Thursday and Friday news)
On my chart 1981.40 is 4H support and is holding now but Bears pressure is heavy .......another double support of Monthly & Weekly at 1977.19. Let's see ....can bulls survive or not from this area.....but most probably market has entered in Bears Zone.Trade safe
  • #6,798
  • Apr 17, 2023 1:42pm Apr 17, 2023 1:42pm
The chart is very easy to read , what do you think ?
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  • #6,799
  • Apr 17, 2023 2:27pm Apr 17, 2023 2:27pm
Quoting zalzil123
The chart is very easy to read , what do you think ? {image}
we're heading up
  • #6,800
  • Edited 5:04pm Apr 17, 2023 4:47pm | Edited 5:04pm
_______ hey dudes , makin good $$$ on xau = soon I willl throw out again sume profitable trades - - - in Advance
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Don’t focus on making $$$, focus on protecting what you have.
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