Gold | Page 801 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #16,001
  • Aug 18, 2023 1:49pm Aug 18, 2023 1:49pm
Quoting d1zzy
{quote} Meh such a boring day, closed manually at 87. Hope everyone closed in blue, warzone + weekend let’s goooo
Give bears some rest. They have been selling for 4 consecutive weeks. This whole week we say lower lows and red candles. They deserve a rest today. Will go again on monday
  • #16,002
  • Aug 18, 2023 1:52pm Aug 18, 2023 1:52pm
As said, price still has to fall more to close that gap... I'm even annoying to myself at how many times I said this sentence already hahah.

Probably it will be closed next week.
  • #16,003
  • Edited 3:16pm Aug 18, 2023 2:55pm | Edited 3:16pm
This week is loss of 1.6%. I hope next week will be better.
Have a nice weekend everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5258.jpeg Size: 79 KB
Love for all; Hatred for none.
  • #16,004
  • Aug 18, 2023 3:05pm Aug 18, 2023 3:05pm
Weekly bear apparently unstoppable and still daily no new low today and doji printing! So next week may even try boince again if any success! Take care
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230819-000226.png Size: 51 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #16,005
  • Aug 18, 2023 3:31pm Aug 18, 2023 3:31pm
Quoting aahmad29
This week is loss of 1.6%. I hope next week will be better. Have a nice weekend everyone. {image}

You will come back stronger mate.
Trading is very lonely
  • #16,006
  • Aug 18, 2023 4:03pm Aug 18, 2023 4:03pm
Quoting sharingan9
Gold buyers feeling emboldened. Has the market's perception changed? I may drag my stops lower and long some more profit. {image}
Price dropped from disvalue area back to value. Did not break the low though and value still above weekly S2.

Before

Attached Image (click to enlarge)
Click to Enlarge Name: Goldohsugar.png Size: 27 KB


After

Attached Image (click to enlarge)
Click to Enlarge Name: goldenstuff.png Size: 18 KB



Next Week we will see how price reacts to next week's weekly middle pivot(1896). This will help me decide if it will continue monthly S2.
For now I will drag stops to 1908.

Attached Image (click to enlarge)
Click to Enlarge Name: Goldendecision.png Size: 23 KB
  • #16,007
  • Aug 18, 2023 4:24pm Aug 18, 2023 4:24pm
I see where this is going next week.
I was hoping weekly closes below with no wick. It would accurately turn bullish next week.
I am expecting a fakeout below and expect trend to change


I shall do my homework tomorrow
Trading is very lonely
  • #16,008
  • Aug 18, 2023 8:18pm Aug 18, 2023 8:18pm
The big boys are still loading up on shorts.

Looks like we will be going down much more.

(this screen shot comes from a private membership site for those who wanted to know.)
Attached Image (click to enlarge)
Click to Enlarge Name: COT-3.png Size: 6 KB
  • #16,009
  • Aug 18, 2023 10:31pm Aug 18, 2023 10:31pm
Quoting de5151
The big boys are still loading up on shorts. Looks like we will be going down much more. (this screen shot comes from a private membership site for those who wanted to know.) {image}
That COT report is not accurate and misleading most of the time the investors. On July 18 report, institutions are adding 23,194 long and closing -4,400 shorts. And guess what happened? It all dump from there and I don't see any pump on the upside. Where does that 23,194 go?

Your private membership I guess is from Transparent FX and his analysis is not going on his way lately.
  • #16,010
  • Aug 18, 2023 11:43pm Aug 18, 2023 11:43pm
Quoting CryptoMavs
{quote} That COT report is not accurate and misleading most of the time the investors. On July 18 report, institutions are adding 23,194 long and closing -4,400 shorts. And guess what happened? It all dump from there and I don't see any pump on the upside. Where does that 23,194 go? Your private membership I guess is from Transparent FX and his analysis is not going on his way lately.

I myself wouldnt rely anymore on COT or even order flow. More to Price action based on day entry. Entty exit, closed trade. All this other information are all just manipulative to me

Its makes someone account get blown even more when they tend to rely on this data
Trading is very lonely
  • #16,011
  • Aug 19, 2023 12:30am Aug 19, 2023 12:30am
There are possibilities of a retracement up to 1942 to 1958 area from the current area or from 1866. Weekly TF is very hungry for the retracement so Gold Bears need to be on alert at every moment of this price action.Reversal can happen anytime. I may be wrong.Trade safe
  • #16,012
  • Aug 19, 2023 1:20am Aug 19, 2023 1:20am
Quoting parveenverma
There are possibilities of a retracement up to 1942 to 1958 area from the current area or from 1866. Weekly TF is very hungry for the retracement so Gold Bears need to be on alert at every moment of this price action.Reversal can happen anytime. I may be wrong.Trade safe

I saw something during my analysis. Ill show you once my homework is done
Trading is very lonely
  • #16,013
  • Aug 19, 2023 1:53am Aug 19, 2023 1:53am
I've done my home work for next week. I am expecting a price reversal from next week.
Tapping in a buy at 1883.88, should price hits stop loss. I will also put a sell stop there towards my tp.
Price should drive down, should it decide to sweep the liquidity down. Last point of point will be 1872.76.
Should it hit my stop loss. I shall not trade and assess the situation after a day
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-08-19 144654.png Size: 17 KB
Trading is very lonely
  • #16,014
  • Aug 19, 2023 3:23am Aug 19, 2023 3:23am
Quoting de5151
The big boys are still loading up on shorts. Looks like we will be going down much more. (this screen shot comes from a private membership site for those who wanted to know.) {image}
Hi,De5151

I totally agree with you.
Huge buying absorption continues for last 3 weeks.
We can’t expect a price reversal unless big selling absorption occurs.
When? Who knows...

G
Attached Image (click to enlarge)
Click to Enlarge Name: gold7.png Size: 51 KB
  • #16,015
  • Aug 19, 2023 6:34am Aug 19, 2023 6:34am
Please buy BTCUSD. SL 25000 TP as you like..

Happy trading
Everything, what's meant to be will find its way
  • #16,016
  • Aug 19, 2023 6:51am Aug 19, 2023 6:51am
Quoting Mohamed-Seit
Please buy BTCUSD. SL 25000 TP as you like.. Happy trading

wrong channel. no one interested in your btc. and isnt it illegal to trade in india?
Trading is very lonely
  • #16,017
  • Aug 19, 2023 6:53am Aug 19, 2023 6:53am
Price is still in strong decreasing channel. Let’s see if it can reach 1900. If not then sell looks good.
  • #16,018
  • Aug 19, 2023 8:24am Aug 19, 2023 8:24am
Quoting luckytujuh
{quote} I myself wouldnt rely anymore on COT or even order flow. More to Price action based on day entry. Entty exit, closed trade. All this other information are all just manipulative to me Its makes someone account get blown even more when they tend to rely on this data
"More to Price action based on day entry. Entty exit, closed trade." =
Attached Image (click to enlarge)
Click to Enlarge Name: thumpUp.png Size: 4 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #16,019
  • Aug 19, 2023 8:27am Aug 19, 2023 8:27am
Quoting profits7
{quote} "More to Price action based on day entry. Entty exit, closed trade." = {image}

My gosh spelling entry in my post. LOL. Entry exit, close trade
Trading is very lonely
  • #16,020
  • Edited 8:51am Aug 19, 2023 8:33am | Edited 8:51am
Quoting luckytujuh
{quote} My gosh spelling entry in my post. LOL. Entry exit, close trade
_______ me , personalleee give a S$HIT abt spelling , just care abt $$$$$$$ and keepin d Wife Happeee

and English is our 2nd language right and many mobile_ demo_ freaks here on this Thread can NOT even do their 1st Right !
Don’t focus on making $$$, focus on protecting what you have.
120 traders viewing now, 3 are registered:
muzamil9
,
Price369
,
Kyasper