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Gold

  • #6,801
  • Edited 5:49pm Apr 17, 2023 5:28pm | Edited 5:49pm
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Don’t focus on making $$$, focus on protecting what you have.
  • #6,802
  • Apr 17, 2023 8:36pm Apr 17, 2023 8:36pm
Quoting profits7
{image} {image}
I like your trades and I like using ST. but I find it challenging which TF should I rely on, and after seeing your buy trade under red slope (on most TF.) I'm confused
Investing is SIMPLE but NOT EASY
  • #6,803
  • Edited 9:27pm Apr 17, 2023 9:12pm | Edited 9:27pm
Quoting Moly_Cam5
{quote} I like your trades and I like using ST. but I find it challenging which TF should I rely on, and after seeing your buy trade under red slope (on most TF.) I'm confused
____________________ = What is ST ?
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Don’t focus on making $$$, focus on protecting what you have.
  • #6,804
  • Apr 17, 2023 9:21pm Apr 17, 2023 9:21pm
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Don’t focus on making $$$, focus on protecting what you have.
  • #6,805
  • Apr 17, 2023 9:56pm Apr 17, 2023 9:56pm
Buy 1998 TP 2002
Love for all; Hatred for none.
  • #6,806
  • Apr 17, 2023 10:12pm Apr 17, 2023 10:12pm
Quoting aahmad29
Buy 1998 TP 2002
Possible retracement zone up to 1996-1997 ahead.I may be wrong.Trade safe
I hope u have book ur profit.
  • #6,807
  • Apr 17, 2023 10:37pm Apr 17, 2023 10:37pm
Quoting aahmad29
Buy 1998 TP 2002
Closed at 2001
Love for all; Hatred for none.
  • #6,808
  • Apr 17, 2023 10:41pm Apr 17, 2023 10:41pm
Quoting parveenverma
{quote}Possible retracement zone up to 1996-1997 ahead.I may be wrong.Trade safe I hope u have book ur profit.
Yes you may be right. I was looking on my chart and there is room for price to go up to 2015 or even higher to 2025 after retracement. But i am careful to open any position
Love for all; Hatred for none.
  • #6,809
  • Apr 17, 2023 11:26pm Apr 17, 2023 11:26pm
Quoting aahmad29
{quote} Yes you may be right. I was looking on my chart and there is room for price to go up to 2015 or even higher to 2025 after retracement. But i am careful to open any position
As per my M30 & 1H chart .....price retraced exactly from 61.8% of previous swing.because M30,1H & 4H at my charts displays trend change signal so today most probably down move up to 1978 or more possible.I think the retracement has been completed because if price reached below 1996 again than no bulls there only bears zone.I may be wrong.Trade safe.
  • #6,810
  • Apr 17, 2023 11:49pm Apr 17, 2023 11:49pm
BUY Limit 1993 SL 1990 TP1 2008.50 TP2 2014.50
  • #6,811
  • Apr 18, 2023 12:06am Apr 18, 2023 12:06am
Today possible reverse points for gold
Inserted Video
  • #6,812
  • Edited 2:21am Apr 18, 2023 12:58am | Edited 2:21am
XAUUSD H4 my try for today1980-2015/20
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Gold and Bonds will be very volatile in front of reportings data even pre NY (banks...)
https://stooq.pl/q/?s=dx.f&d=2023041....b+2usy.b+es.f
USDIndex XAUUSD treasury10y treasury2y S&PMini
2Y>10YBonds now
good luck

edit 09:20 MESZ (detailed)
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  • #6,813
  • Edited 2:07am Apr 18, 2023 1:08am | Edited 2:07am
4H close below 2001 is not good sign for gold Bulls...........it confirms that 30M 1H retracement completed at 61.8% of previous swing...Now most probably down move possible. I may be wrong.Trade safe
Edit: Free fall is expected between 1900-1900.70 area anywhere that can end up to 1992 area.Trade safe
  • #6,814
  • Apr 18, 2023 1:14am Apr 18, 2023 1:14am
[quote=parveenverma;14397845]4H close below 2001 is not good sign for gold Bulls...........

price will often swing around 2000, 10 Pips normal, I care about 1980 today
  • #6,815
  • Apr 18, 2023 1:27am Apr 18, 2023 1:27am
Quoting zalzil123
The chart is very easy to read , what do you think ? {image}
Standing in God's view, the market is certainly clear. But the actual trading is not simple.
Just follow the trend.
  • #6,816
  • Apr 18, 2023 1:31am Apr 18, 2023 1:31am
Hi bro, is gold going to turn today?
Just follow the trend.
  • #6,817
  • Apr 18, 2023 1:33am Apr 18, 2023 1:33am
Quoting lucaswalliam
{quote} Standing in God's view, the market is certainly clear. But the actual trading is not simple.
I like to see the view...
Its all about Timing!!!
  • #6,818
  • Apr 18, 2023 1:34am Apr 18, 2023 1:34am
Quoting lucaswalliam
Hi bro, is gold going to turn today?
Market is absolutely uncertain to predict in the conditions of recent trend change.As per 30M,1H and 4H TF ----yes! trends has been changed.Let's see.... how market will reacts now.Trade safe
Edit: That's why I prefer only scalps in such conditions.
  • #6,819
  • Apr 18, 2023 1:36am Apr 18, 2023 1:36am
Quoting damsak
Today possible reverse points for gold https://youtu.be/wWiapuYzwZI
Gold still struggling to go down. this indicates that high probability to go up upto our expected zone in the video

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  • #6,820
  • Apr 18, 2023 1:48am Apr 18, 2023 1:48am
My opinion
Gold is clearly supported on the D1 chart and could be the start of a new trend.
However, on the H1 chart, the price remains in a downtrend. This makes me suspicious.
So, ultimately, I think gold will go up again.
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Just follow the trend.
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