Gold

Quoting Inthebox

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after the fact review for the week. monday new york high made the high of the week and thursday new york low of the week. different types of traders see different trade set ups. however all around the same zones. {image}

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Quoting eatit007

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{quote} One full position triggered buy at 1959.5. 1/4 position TP booked at 1968 1/4 position TP booked at 1974 1/4 position Tp booked at 1980 Last quarter position SL placed at 1962. Plan to take profit at 1987, 1991, 2000 and 2016. Congratulations to those who longed. {image}

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Quoting Inthebox

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simple view for scalpers and intraday traders, we look only one week at a time. just trade according to your next week bias, look no further than that. for me w1 bearish, d1 bearish, h4 bullish. so for trend trade bearish. for counter trend trade bullish until turning bearish to join the trend. of course counter trend more risky.

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Quoting eatit007

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{quote} this. We should only try to play the next move. Where Price wants to go next.

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Quoting Inthebox

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{quote} there was a rejection of the d1 level around 1981.50. so i am looking to short targeting somewhere 1975. does not matter where i short, bearish bias.

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Quoting eatit007

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{quote} Still in my long from 1959.5 looking to add to it from 1962.4 to 1968. Orange box will be primary area to look for longs. i.e. 1965 to 1968 {image}

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Quoting Inthebox

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{quote} there was a rejection of the d1 level around 1981.50. so i am looking to short targeting somewhere 1975. does not matter where i short, bearish bias.

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Quoting Inthebox

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{quote} there was a rejection of the d1 level around 1981.50. so i am looking to short targeting somewhere 1975. does not matter where i short, bearish bias.

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Quoting solomonc

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I think the debt ceiling talk will bring gold down because it will likely end in positive but Fed minute will make gold rise given the fact that many member will support rate pause

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Quoting pundit78

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Gold shorted @1975.6 SL - 1979.5 TP - 1963 R:R - 1:3 {image}

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Quoting lucaswalliam

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{quote} A debt default in the U.S. is a small probability event, as almost everyone would think. So, this event probably won't hit gold very hard. I think the key factor affecting gold is still the Fed's monetary policy, and the probability is that the Fed will not choose to raise interest rates in June, which is good for gold. But it will not go up that smoothly.

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Quoting Inthebox

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{quote} now targeting d1 level around 1981.50. bullish bias, does not matter where i long.

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Quoting Inthebox

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exited due to opposite signal. {image}

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Quoting eatit007

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{quote} took a small short here. if we visit 1981 again will be adding to it. TP: 1974 1972 1968 {image}

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Quoting eatit007

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{quote} Hit 1981 and two tp's. waiting for 1968 to completely close the short. Sl moved to 1975

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Quoting Zebi

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short GC 1981 tp 1961 no stop yet gona keep shorting hier

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