Pivot line at 1959 . Continued swinging around in the last 24 hours, likely to continue through the end of this week.
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Disliked{quote} looks like price is brginning to roll over on 15min. i got 4 shorts average price 1958.50 since yesterday tp 1940 sl open {image}Ignored
Disliked{quote} nice to see bulls got to cheer for a day cause they been waiting a long time for gold to advancewasnt too nice for me since i closed for a loss yesterday LOL but i think the cheerings gona stop cause reality is gona rear it ugly head
these are two charts of daily...one a shithead forex broker and one of futures...thing with forex brokers and prop shops is they can play with price and candle construction to cheat their clients... thats impossible to do by brokers with exchange data...not to mention beginners flock to all...
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Disliked{quote} im sure you know each broker has different prints....shitty little boiler room overseas brokers will be all over the place with different levels....here are 3 4H charts...I only use the one ring that rules them all LOL and thats comex futures to do my analysis..you shud use your countries futures brokers or exchange prices if you dont want to use comex instead of some broker crap{image} {image} {image}
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Disliked{quote} Hey Zebi, Would you mind explaining a bit further? Comex is the futures chart and Eightcap is the forex chart? But it seems they both have an inside bar at the time indicated?Ignored
Disliked{quote} Hey Zebi, Would you mind explaining a bit further? Comex is the futures chart and Eightcap is the forex chart? But it seems they both have an inside bar at the time indicated?Ignored
Disliked{quote} am sharing my point of view. Many of around us best traders in the forum. May be they will help me to correct my mistakes if am wrong. I think going to test again top 1963 one more time before going down..Ignored
Disliked{quote} Do not predict price action by 1M,5M TF by expecting more than 3 to 5 Dollar move on GOLD. Rarely it can happened but not because of small TF but there can be another reason like that small TF co indecently met to any key level of big TF if you are predicting more than 5 Dollar move that can happened only key levels on more than 15M TF. Key Levels are 1955,1963,1967,1977,1983,1987 that can reverse the market but only retracement. 1963 is a strong weekly resistance because market has reverse from a weekly support after pullback from 1892...Ignored
Disliked{quote} Yes, you are right. Thank you for confirming.. PA not valid with 1M TF when compare with WEEKLY/DAILY S&R.. I am trying small trades with high leverage like scalping. please check and confirm. am waiting for 1950 target for sell from 1963. thanks in advance.Ignored
Disliked{quote} For me....As per present market conditions.....1963 a key level is holding.....Bulls are trying to chase 1968 daily range to grab the above liquidity and they became success to break 161.8% level but above big giant wast waiting for them weekly resistance @ 1963......If it hold today and economic event favor Dollar today then we can expect 1955,1942 or more till tomorrow and the maximum range of retracement as per current swing become 1922,1923 but after tomorrow market close this range can become more wide because now this swing's range...Ignored
DislikedGood Morning all. After 5 days of bullishness, i think today can be a retracement day for Gold. But how much can it go down? I think 1943 seems to be a reasonable target if we break 1953.Ignored
DislikedGood morning peeps, heres to a day to closing our trades in blue! My bias for the day - price broke yesterday's high in Tokyo session, possible retracement now (1953-1950?) before price resumes upwards again. If price breaks 1963 before news comes out, considering news is negative expecting price to go north of 1973, possibly 1979-1983. If news comes out positive for $ (highly doubt) drop to 1936-1928 possibly?Ignored