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  • #8,161
  • May 18, 2023 8:47am May 18, 2023 8:47am
Quoting parveenverma
{quote}It drop more than my expectations after break of 2001 and 1977.Now Analyze my charts again and let's see what they will told about the coming days moves of Gold.I am done for today.trade safe Guys.
Thanks for all your insights, Parveen, I am also out, unless it goes below 1950.
"Who Dares Wins"
  • #8,162
  • May 18, 2023 8:53am May 18, 2023 8:53am
Quoting Ravenfeeder
{quote} Thanks for all your insights, Parveen, I am also out, unless it goes below 1950.

omg>>
I think 2000 is a dream
what do you think????
  • #8,163
  • May 18, 2023 9:00am May 18, 2023 9:00am
Quoting Ras62
{quote} omg>> I think 2000 is a dream what do you think????
Not really, we just have to go low enough for buyers to step in on cheap Gold prices, especially after retailers complained about prices, plus once DXY's rally is over Gold should go up, as DXY won't be able to appreciate much further (not further than 105), and 1950 is a nice place of value for Buyers.
"Who Dares Wins"
  • #8,164
  • May 18, 2023 9:06am May 18, 2023 9:06am
For REAL!
Attached Image (click to enlarge)
Click to Enlarge Name: rm gold may 18.png Size: 25 KB
  • #8,165
  • May 18, 2023 9:07am May 18, 2023 9:07am
Quoting ross.d
Free (No Advertisement) VIP Telegram Group for struggling traders with >90% accuracy, for XAUUSD, US30, NAS100, and XTIUSD Signals. https://t.me/GoldSquirrel_FX
another guru lol
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #8,166
  • May 18, 2023 9:11am May 18, 2023 9:11am
Quoting ForexGoose
{quote} another guru lol
Just trying to help the struggling traders.
The best traders hone their skills through practice and discipline.
  • #8,167
  • May 18, 2023 9:12am May 18, 2023 9:12am
Quoting parveenverma
{quote}It drop more than my expectations after break of 2001 and 1977.Now Analyze my charts again and let's see what they will told about the coming days moves of Gold.I am done for today.trade safe Guys.
Yes I have to go home and analyze my chart again , it is time to bring money management to close the trades in minimum loss. I think I should wait for another strong support 1948
Love for all; Hatred for none.
  • #8,168
  • May 18, 2023 9:13am May 18, 2023 9:13am
Quoting Ras62
{quote} omg>> I think 2000 is a dream what do you think????
Technically Bulls have a chance ....If Daily close above 1977 then they can survive again.As per US economic conditions it seems not possible or possible too.So as a day trader we can only predict the market and those prediction are right or wrong that is in the bag of future.For me breakout of 1977 has not confirmed yet as per my trading strategy.While I will get that confirmation I will surely post it here.
Trade safe
  • #8,169
  • May 18, 2023 9:19am May 18, 2023 9:19am
Quoting ross.d
{quote} Just trying to help the struggling traders.
Best place to help with your ideas to all traders(not only struggling traders) is this forum.So please share your valuable ideas here.Happy Trading
  • #8,170
  • May 18, 2023 9:36am May 18, 2023 9:36am
Quoting parveenverma
{quote} Technically Bulls have a chance ....If Daily close above 1977 then they can survive again.As per US economic conditions it seems not possible or possible too.So as a day trader we can only predict the market and those prediction are right or wrong that is in the bag of future.For me breakout of 1977 has not confirmed yet as per my trading strategy.While I will get that confirmation I will surely post it here. Trade safe
thanks for answer
  • #8,171
  • May 18, 2023 9:37am May 18, 2023 9:37am
Quoting Ravenfeeder
{quote} Not really, we just have to go low enough for buyers to step in on cheap Gold prices, especially after retailers complained about prices, plus once DXY's rally is over Gold should go up, as DXY won't be able to appreciate much further (not further than 105), and 1950 is a nice place of value for Buyers.
thanks budy
  • #8,172
  • May 18, 2023 9:45am May 18, 2023 9:45am
Quoting ross.d
{quote} Just trying to help the struggling traders.
you must be a genius trader then, why do you need an audience to help other people?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #8,173
  • May 18, 2023 9:51am May 18, 2023 9:51am
Quoting parveenverma
{quote} Technically Bulls have a chance ....If Daily close above 1977 then they can survive again.As per US economic conditions it seems not possible or possible too.So as a day trader we can only predict the market and those prediction are right or wrong that is in the bag of future.For me breakout of 1977 has not confirmed yet as per my trading strategy.While I will get that confirmation I will surely post it here. Trade safe
thank you. Much appreciated.
Everything is cyclic.
  • #8,174
  • May 18, 2023 10:15am May 18, 2023 10:15am
Quoting parveenverma
{quote} Best place to help with your ideas to all traders(not only struggling traders) is this forum.So please share your valuable ideas here.Happy Trading
Correct!! But new/struggling traders really do not know all this stuff. According to them, trading is very complicated, but apparently not!

If I know something that can help others, I share it.

This forum is full of Gurus (I mean talented/educated traders), but what about those who can't understand even the simpler concepts? Like me, when I started trading I was not able to understand how to identify swing high and low. It took me a year of trading to learn some simple yet powerful concepts. It is easy for new/struggling traders to follow the signals with a specific lot size, knowing the correct entry, exit, and stop loss. This group has mixed reactions (based on varied analyses) which in fact confuse people. Some say buy, and others say sell. Whom to follow??

I am just trying to make life easier for those who can't understand analysis. Apparently, are tired of searching various forums trying to understand trading concepts yet unsuccessful.

Even though I am part of this group because of a few people, who impress me with their ideas. Special mention goes to @Inthebox.

Trust, you understand... If you still need the signals, here, in this group. Please let me know. I will try to post them here. but do not expect the analysis based on the signals, as I can only share the analysis when I will be free, or else please feel free to join the telegram channel.

https://t.me/GoldSquirrel_FX

Happy trading!!

Regards!!
The best traders hone their skills through practice and discipline.
  • #8,175
  • May 18, 2023 10:15am May 18, 2023 10:15am
Quoting earlroy63
For REAL! {image}
Buy at 1952,90. Expecting some rejection. Will see.
  • #8,176
  • May 18, 2023 10:16am May 18, 2023 10:16am
Quoting ross.d
Free (No Advertisement) VIP Telegram Group for struggling traders with >90% accuracy, for XAUUSD, US30, NAS100, and XTIUSD Signals. https://t.me/GoldSquirrel_FX
Scam...typical from India...

I joined the group just to take a look...and someone immediately dm-ed me offering "account management" services...lol.
  • #8,177
  • May 18, 2023 10:21am May 18, 2023 10:21am
Quoting FxSnapper
{quote} Scam...typical from India... I joined the group just to take a look...and someone immediately dm-ed me offering "account management" services...lol.
yea, a lot of clowns on Telegram offer forex account management services because they are genius traders

in reality, they lose all of the funds or steal it
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #8,178
  • May 18, 2023 10:25am May 18, 2023 10:25am
Quoting FxSnapper
{quote} Scam...typical from India... I joined the group just to take a look...and someone immediately dm-ed me offering "account management" services...lol.
You are wrong buddy. That cannot happen from my channel, as I am the owner of this channel. This is strictly no advertisement/promotion group. I only ask subscribers to consider others to join the group and help them.
The best traders hone their skills through practice and discipline.
  • #8,179
  • May 18, 2023 10:32am May 18, 2023 10:32am
Quoting jordiHK
{quote} Buy at 1952,90. Expecting some rejection. Will see.

Looking on the H4 seems to be resistance at 1976 and H1 resistance 1973 so maybe a TP around there would be ideal or do you think we can aim higher?
  • #8,180
  • May 18, 2023 10:49am May 18, 2023 10:49am
Quoting JoshLauder98
{quote} Looking on the H4 seems to be resistance at 1976 and H1 resistance 1973 so maybe a TP around there would be ideal or do you think we can aim higher?
Happy to close it at 1972-76 zone. Tomorrow we have Powell speech. I would like to close it before, ... just a feeling about a possible impact on price.
Can go higher than 1976 ? Yes, It could, but if it does... it will be soon, in 2 3 sessions. If doesn't react... we are clearly in a downtrend as I mentioned days ago.
2000 support was an important broken level.
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