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  • #14,341
  • Aug 2, 2023 7:19am Aug 2, 2023 7:19am
What is this price action

Quoting T721
{quote} Some Ichomoku stuff i have lying around. I dont trade this way tho {image} {image} {image} {image} {image} {image}
Thank you
  • #14,342
  • Aug 2, 2023 7:21am Aug 2, 2023 7:21am
Quoting babayaga
while scalping long one small position at 47.50 to 59th.., but without SL&TP right now
44th area to close
dolce vita
  • #14,343
  • Aug 2, 2023 7:26am Aug 2, 2023 7:26am
Quoting SkullCandy
Shorted,will close partials on 45, main target 41. Trade safe and have a wonderful day {image}
Closed 47.
Trade safe and be good
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #14,344
  • Aug 2, 2023 7:27am Aug 2, 2023 7:27am
Quoting Zebi
lets return to yesterdays news lesson as long as the number is positive even if it doesnt beat the forcast price should go down after the kneejerk reaction since the soft landing is occuring.....only way gold goes up hier is if the number is in the negative hope that makes sense have to type this fast before announcement lol {image}

the feds is doing great....jobs growth still positive but less than previous number so their rate hikes working at slowing down inflation without causing a recession
that powell is a genius lol

good news for the dollar
short trump and go long the deepstate
  • #14,345
  • Aug 2, 2023 7:27am Aug 2, 2023 7:27am
Quoting Zebi
lets return to yesterdays news lesson as long as the number is positive even if it doesnt beat the forcast price should go down after the kneejerk reaction since the soft landing is occuring.....only way gold goes up hier is if the number is in the negative hope that makes sense have to type this fast before announcement lol {image}
Fundamental view is not correct here, the actual jobs added to the bucket seems not impressive so it may be go other side...

dnt get offend
If you believe in yourself anything is possible !!
  • #14,346
  • Aug 2, 2023 7:31am Aug 2, 2023 7:31am
Quoting imifx
{quote} 1954 touched, I have my long opens and will start taking profit. Need to watch 1960=1962 are for shorts {image}
added some longs near 1945 as data is weak for Gold and we see some sunshine soon...
If you believe in yourself anything is possible !!
  • #14,347
  • Aug 2, 2023 7:31am Aug 2, 2023 7:31am
Is likely we will break 1940 this week
  • #14,348
  • Aug 2, 2023 7:32am Aug 2, 2023 7:32am
Quoting imifx
{quote} Fundamental view is not correct here, the actual jobs added to the bucket seems not impressive so it may be go other side... dnt get offend

no offense....i dont know jack shit about fundamentals...never tried learning cause seen it ruin otherwise good traders
short trump and go long the deepstate
  • #14,349
  • Aug 2, 2023 7:32am Aug 2, 2023 7:32am
M1 ichi
Attached Image (click to enlarge)
Click to Enlarge Name: goldmicro-m1-xm-global-limited 02 08 0 d.png Size: 26 KB
for now


P.S imo 54th to retest (?)
dolce vita
  • #14,350
  • Aug 2, 2023 7:32am Aug 2, 2023 7:32am
ow watch them revise the Previous number to the downside...
  • #14,351
  • Aug 2, 2023 7:33am Aug 2, 2023 7:33am
Quoting imifx
{quote} added some longs near 1945 as data is weak for Gold and we see some sunshine soon...
near 1946 actually
If you believe in yourself anything is possible !!
  • #14,352
  • Aug 2, 2023 7:35am Aug 2, 2023 7:35am
Quoting Zebi
{quote} no offense....i dont know jack shit about fundamentals...never tried learning cause seen it ruin otherwise good traders
yup, stick to one strategy. good advise
If you believe in yourself anything is possible !!
  • #14,353
  • Aug 2, 2023 7:38am Aug 2, 2023 7:38am
GOLD/USD (4H): the price forms lower highs and lower lows.
If the current support is broken, then we may see a downward movement towards the 1913 area
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_H4.png Size: 38 KB
  • #14,354
  • Aug 2, 2023 7:43am Aug 2, 2023 7:43am
Hope its breaks 1945 in 1 hr TF. so we can slide to 1940 to 1935..
  • #14,355
  • Aug 2, 2023 7:43am Aug 2, 2023 7:43am
Quoting Zebi
lets return to yesterdays news lesson as long as the number is positive even if it doesnt beat the forcast price should go down after the kneejerk reaction since the soft landing is occuring.....only way gold goes up hier is if the number is in the negative hope that makes sense have to type this fast before announcement lol {image}

the reason i click these charts in FF is to see a clearer picture than just reacting to the forecast numbers ....i was trying to say only way gold goes up is if jobs growth is below zero...people would be on the right side of the market yesterday and today if they bothered to expand their brain

so no fundamentals involved
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2023-08-02 073814.png Size: 19 KB
Click to Enlarge Name: Screenshot 2023-08-01 103238.png Size: 37 KB
short trump and go long the deepstate
  • #14,356
  • Aug 2, 2023 7:49am Aug 2, 2023 7:49am
Gold is refusing to go down despite the data. Maybe because of fitch ratings??
  • #14,357
  • Aug 2, 2023 7:50am Aug 2, 2023 7:50am
...added one long at 44.56
closed everything but 47.50
M1 ichi
Attached Image (click to enlarge)
Click to Enlarge Name: goldmicro-m1-xm-global-limited-2 02 08 0 e.png Size: 20 KB

dolce vita
  • #14,358
  • Aug 2, 2023 7:54am Aug 2, 2023 7:54am
Quoting Pipsolengelo
Gold is refusing to go down despite the data. Maybe because of fitch ratings??
nah the data was right. previous month was 497k, data came out 324k.

that data was to bring the price down. its still a buy.
Trading is very lonely
  • #14,359
  • Aug 2, 2023 7:55am Aug 2, 2023 7:55am
Quoting Pipsolengelo
Gold is refusing to go down despite the data. Maybe because of fitch ratings??

the SnP downgraded usa first 2 months ago so fitch just playing catchup so people arent surprised by it and everyone is downplaying it since it originally happened in may

That downgrade came days after Washington narrowly averted a default, but S&P went ahead, cutting the U.S. pristine "AAA" to "AA-plus," citing heightened political polarization and insufficient steps to right the nation's fiscal outlook.May 26, 2023

only ones concerned about this cut are fundamental traders ...and theyre losers most of the time when they open a trade
short trump and go long the deepstate
  • #14,360
  • Aug 2, 2023 7:55am Aug 2, 2023 7:55am
but still 38-36 is a zone to watch actually.

i might try a long from 42 if theres is a liquidity grab
Trading is very lonely
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