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  • #6,861
  • Apr 18, 2023 7:52am Apr 18, 2023 7:52am
Quoting Murugesh29
{quote} Either one bullish move or heavy drop below dp... waiting
For me .....Most probably drop will be happened because in 1H market is walking in 61.8% zone from last six hours. Let's see ....what market wants....my profit or their profit
  • #6,862
  • Apr 18, 2023 7:53am Apr 18, 2023 7:53am
SL moved to 1997
  • #6,863
  • Edited 8:56am Apr 18, 2023 8:02am | Edited 8:56am
I continue short as planned days ago, comment of Bank of America: all in Bonds (credit crunch possible), see link you may follow since some days.
https://www.metalsmine.com/thread/po...0#post14390380

see additional USDIndex XAUUSD, Bonds 10y, 2y, S&P mini
https://stooq.pl/q/?s=dx.f&d=2023041....b+2usy.b+es.f

XAUUSD USDIndex H4
Attached Image (click to enlarge)
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https://www.forexfactory.com/thread/...9#post14398079
Agree~ with Ayax

edit: 15:55 MESZ
markets is hard struggling, not all in
Earnings Q1 better as expected
  • #6,864
  • Apr 18, 2023 8:08am Apr 18, 2023 8:08am
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  • #6,865
  • Apr 18, 2023 8:27am Apr 18, 2023 8:27am
Quoting parveenverma
{quote}For me .....Most probably drop will be happened because in 1H market is walking in 61.8% zone from last six hours. Let's see ....what market wants....my profit or their profit
Finally they decided to paid me.Trade safe
  • #6,866
  • Apr 18, 2023 8:32am Apr 18, 2023 8:32am
Quoting Murugesh29
{quote} Either one bullish move or heavy drop below dp... waiting
Good drop
Its all about Timing!!!
  • #6,867
  • Apr 18, 2023 8:35am Apr 18, 2023 8:35am
Quoting parveenverma
{quote}Finally they decided to paid me.Trade safe
Booked my profit for today at 1991.50 because this is a doubled support area of 4H & Daily TF.Trade safe
Edit:I will wait for its confirmed breakout to chase 1980 or 1977.If not got any confirmation breakout then done for the day.Trade safe
  • #6,868
  • Apr 18, 2023 8:51am Apr 18, 2023 8:51am
The way price rejected from 1992 level, it seems that buyers still have capacity to reach 2020 area. My m5 chart is till showing that room for buyers. |I am not good in analysis so just pay attention to PA in smaller timeframes like M1 and M5.
Love for all; Hatred for none.
  • #6,869
  • Apr 18, 2023 8:58am Apr 18, 2023 8:58am
Quoting aahmad29
The way price rejected from 1992 level, it seems that buyers still have capacity to reach 2020 area. My m5 chart is till showing that room for buyers. |I am not good in analysis so just pay attention to PA in smaller timeframes like M1 and M5.
Could be a downtrend making HH and LH.
Gotta observe first though.
Exhausted
  • #6,870
  • Apr 18, 2023 9:00am Apr 18, 2023 9:00am
Quoting aahmad29
The way price rejected from 1992 level, it seems that buyers still have capacity to reach 2020 area. My m5 chart is till showing that room for buyers. |I am not good in analysis so just pay attention to PA in smaller timeframes like M1 and M5.
In this situation wait for the 4H candle close better option.May be Market makers are driving the market above by using their own liquidity for stop hunts purpose buyers newer liquidity is over between 1991 to 2004 area.Now they will target older liquidity. It can be a possible bull trap also.So trade safely.
  • #6,871
  • Apr 18, 2023 9:17am Apr 18, 2023 9:17am
So first attempt has been made to reach 2015 area but multiple resistances are here in this area. Lets see if price go all the way down or still try to cover that open room for buyers.
Love for all; Hatred for none.
  • #6,872
  • Apr 18, 2023 9:18am Apr 18, 2023 9:18am
What we can do now ? Buy or sell
  • #6,873
  • Apr 18, 2023 9:18am Apr 18, 2023 9:18am
Quoting parveenverma
{quote}In this situation wait for the 4H candle close better option.May be Market makers are driving the market above by using their own liquidity for stop hunts purpose buyers newer liquidity is over between 1991 to 2004 area.Now they will target older liquidity. It can be a possible bull trap also.So trade safely.
I agree. I think Dxy will still drive Gold higher . went long until 2009 now looking at shorting of DXY reverses potentially at 101.64 zone. Lets see
  • #6,874
  • Apr 18, 2023 9:19am Apr 18, 2023 9:19am
Quoting parveenverma
{quote}In this situation wait for the 4H candle close better option.May be Market makers are driving the market above by using their own liquidity for stop hunts purpose buyers newer liquidity is over between 1991 to 2004 area.Now they will target older liquidity. It can be a possible bull trap also.So trade safely.
Yes you may be right. I never said that trend is bullish. I just mentioned the area where i was hoping that price will visit this area before taking any decision and yes this area may be for SL hunt.
Love for all; Hatred for none.
  • #6,875
  • Apr 18, 2023 9:23am Apr 18, 2023 9:23am
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Love for all; Hatred for none.
  • #6,876
  • Apr 18, 2023 9:23am Apr 18, 2023 9:23am
DXY busy breaking intermediate resistance at 101.74 . Gold should go up and take the short stops out now?
  • #6,877
  • Apr 18, 2023 9:26am Apr 18, 2023 9:26am
Quoting Murugesh29
{quote} 2007-2012 will be rejecting.. Today's range 2020-1968... Trade safe
Waiting again...
Its all about Timing!!!
  • #6,878
  • Apr 18, 2023 9:32am Apr 18, 2023 9:32am
Quoting Murugesh29
{quote} Waiting again...
It's stuck considering if it wants to go down. It wants us to load our shorts so that it can take the stops out ........ perhaps?
  • #6,879
  • Apr 18, 2023 9:34am Apr 18, 2023 9:34am
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  • #6,880
  • Apr 18, 2023 9:34am Apr 18, 2023 9:34am
Quoting riprider
{quote} It's stuck considering if it wants to go down. It wants us to load our shorts so that it can take the stops out ........ perhaps?
no it looks like it wants to move up
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