Gold

Quoting Zebi

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{quote} now I can brag ...both my shorts the other one 1958.40 in the money right now..put my stop at 1962 so dont lose too much if reverses tp 1953 but still think we so todays lows..ill just reshort

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Quoting Inthebox

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{quote} road block encountered shorted. {image}

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Quoting parveenverma

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Hello Folks! Good Morning from India. weekly support hold well @1963 alongwith the 161.8% Hourly retracement. Today I will scalp shorts for the pending untested levels below as I mentioned yesterday. Price now are going for only untested level above @ 1958 area. I will start sell from that area today with the SL above 1963 and TP 1935.Let's see how it goes. Today's S&R levels update(Not untested levels):- Hourly: 1951.50,1947.77,1944.05,1939.45.,1932,1924.57,1956.49,1960.66,1967.43,1961.61,1974.20,1978.37 4H: 1918.62,1931.35,1939.21,1944.08,1951.94,1955.24,1960.97,1966.71,1973.80,1985.26.,1996.72,2003.81...

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Quoting parveenverma

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{quote}Oops! I missed a untested level above 1961 area there.I noticed it later. So price can go above for grab Asian liquidity and then attack back to below untested areas. Till 1963 is holding my bias are bearish and if broken then I will search for buy entries.Trade safe

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Quoting parveenverma

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{quote}Asian session & above 1963 Liquidity Grabbed. What's next...I am expecting a heavy sell off. Add one more sell with SL 1965 and TP 1935.Trade safe

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Quoting lucaswalliam

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{quote} Unfortunately, I seem to be on the opposite side of the fence from you.

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Quoting lucaswalliam

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Good afternoon. Gold, H1,. As I understand the trend, the trend has changed in that cycle. the same is true for H4. However, D1 is still in a downtrend and it will take time to see if the minor trend can transform into a major trend. {image}

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Quoting your6s

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Technically the Trend is UP according to the Daily and we just bounced off the trend line yesterday. {image}

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Quoting lucaswalliam

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Good afternoon. Gold, H1,. As I understand the trend, the trend has changed in that cycle. the same is true for H4. However, D1 is still in a downtrend and it will take time to see if the minor trend can transform into a major trend. {image}

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Quoting FxSnapper

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Gold is refusing to go down as market is now risk-off. Look at xxxjpy pairs.All deep red. EURJPY is down 100 pips despite ECB being hawkish.

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Quoting Inthebox

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{quote} now back to around same old road block zone {image}

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Quoting FxSnapper

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{quote} CMP: EURJPY - 149.15 AUDJPY - 90.50 GBPJPY - 172.75 Gold - 1956 I expect Gold to move down when XXXJPY starts moving up.

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Quoting parveenverma

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{quote}Hi Lucas! This time I am not agree with you because Hourly trend changed here u r right but as per my chart 4H is still bearish until price cross above 1985.Trade safe

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Quoting Inthebox

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{quote} it is not likely that now has change to uptrend. market is only 'considering' by ranging and ranging and ranging until it is satisfied. imaging it is like a big oil tanker in the ocean, how difficult it is to turn it around 180 degree. so now you can trade both ways. {image}

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