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  • #7,461
  • May 3, 2023 10:45pm May 3, 2023 10:45pm
Quoting parveenverma
{quote} For me Market has made an all time high recently and a huge pullback on H4.So my plan is to sell scalp in this retracement zone till 2035 61.8% zone of 1H or 2028, 50% zone of 4H area first and if it will be broken then 2015.Level by level quick scalping on 5M TF.It is my first choice to trade retrcement zone.Trade safe
Exactly i am thinking in same way. My tradingview chart is showing same level which you talked about it.
Love for all; Hatred for none.
  • #7,462
  • May 3, 2023 11:35pm May 3, 2023 11:35pm
Quoting aahmad29
{quote} Exactly i am thinking in same way. My tradingview chart is showing same level which you talked about it.
2039 must be broken to go more down.It start holding 38.2% level 4H.Trade safe
  • #7,463
  • May 3, 2023 11:57pm May 3, 2023 11:57pm
Quoting LitEU
Big money is long on Gold as retail traders short GOLD....News might short GOLD going after longs stop loss, I'm #XAUUSD bullish if it gives me a retest @2001.054 {image}
Hi LitEU, can you share where we can get this info - whether the Big players are long or short on a particular asset.
  • #7,464
  • May 4, 2023 12:43am May 4, 2023 12:43am
Quoting parveenverma
{quote}2039 must be broken to go more down.It start holding 38.2% level 4H.Trade safe
hopefully soon
My sell limit @2035 no tp no sl
my loss is your gain
  • #7,465
  • May 4, 2023 12:46am May 4, 2023 12:46am
Quoting moon-ghy
{quote} Hi LitEU, can you share where we can get this info - whether the Big players are long or short on a particular asset.

Big money is long on Gold, retail traders are shorting Gold
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  • #7,466
  • May 4, 2023 12:51am May 4, 2023 12:51am
Quoting Bogdanoff
{quote} hopefully soon My sell limit @2035 no tp no sl
2035 is 61.8% retracement level of 1H on my chart and can become possible buy area for today so trade without SL seems not a best option.Trade safe
  • #7,467
  • May 4, 2023 12:53am May 4, 2023 12:53am
By old russian trader (86yo) now gold target is 2600. At least
  • #7,468
  • May 4, 2023 1:24am May 4, 2023 1:24am
Hi, Traders
Where has gold reached its highest? My trader shows the highest price is 2062.
What's going on here, well, this is the first time I've encountered this.
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Just follow the trend.
  • #7,469
  • May 4, 2023 1:33am May 4, 2023 1:33am
Quoting chista
Gold may rise again.... https://www.nytimes.com/2023/04/25/b...ock-price.html
Due to the fact that the previous banking problems still persist and new banks are added to this list every day. The trend of gold is currently upward. Apart from that, the 1977 resistance level was also not broken to guarantee a bearish trend.
Good Thoughts, Good Words, Good Deeds.
  • #7,470
  • May 4, 2023 1:45am May 4, 2023 1:45am
Quoting parveenverma
{quote}2035 is 61.8% retracement level of 1H on my chart and can become possible buy area for today so trade without SL seems not a best option.Trade safe
I agree, i will closed manually @2034 or 2035 around EMA 21 H1
Thanks
my loss is your gain
  • #7,471
  • May 4, 2023 1:50am May 4, 2023 1:50am
Quoting lucaswalliam
Hi, Traders Where has gold reached its highest? My trader shows the highest price is 2062. What's going on here, well, this is the first time I've encountered this. {image}
2080...
Its all about Timing!!!
  • #7,472
  • May 4, 2023 2:01am May 4, 2023 2:01am
I'm not convinced for lower move..still a double top or 2098 may be possible for 1870(the gap not filled in my chart).. waiting for breakout...
Its all about Timing!!!
  • #7,473
  • May 4, 2023 2:12am May 4, 2023 2:12am
Quoting Murugesh29
I'm not convinced for lower move..still a double top or 2098 may be possible for 1870(the gap not filled in my chart).. waiting for breakout...
May be possible now 1H completed it's 61.8% retracement.I will wait for the confirmation if it hold.Trade safe

Edit: If not hold then they will attack to 4H 50% or 61.8% before next trendy move upward.Trade safe
  • #7,474
  • May 4, 2023 2:20am May 4, 2023 2:20am
Quoting lucaswalliam
Hi, Traders Where has gold reached its highest? My trader shows the highest price is 2062. What's going on here, well, this is the first time I've encountered this. {image}
My broker's MT4 has made high at 2078.78 yesterday.Trade safe
  • #7,475
  • May 4, 2023 2:26am May 4, 2023 2:26am
It looks like there is a problem with my brokerage offer.
Just follow the trend.
  • #7,476
  • May 4, 2023 2:26am May 4, 2023 2:26am
Quoting parveenverma
{quote} My broker's MT4 has made high at 2078.78 yesterday.Trade safe
Yesterday high on my mt4 was 2039.14.
Gmt +2
  • #7,477
  • May 4, 2023 2:27am May 4, 2023 2:27am
Gold, personally, I tend to be bearish.
The Fed news has been digested by the market (rushed higher, slowly fell back and returned to the price level before the data)
M5, if gold can rally to 2040 and match the K-line pattern, I would choose to go short.
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Just follow the trend.
  • #7,478
  • May 4, 2023 2:33am May 4, 2023 2:33am
Quoting letuak
{quote} Yesterday high on my mt4 was 2039.14. Gmt +2
Attached Image (click to enlarge)
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  • #7,479
  • May 4, 2023 2:49am May 4, 2023 2:49am
Quoting pundit78
{quote} I think you are targetting 1995 or is it 1895?
Im looking big. 1895.00 area
  • #7,480
  • May 4, 2023 3:03am May 4, 2023 3:03am
Quoting Rossidi
{quote} Im looking big. 1895.00 area
As they say, go big or go home I guess
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