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  • #16,581
  • Aug 24, 2023 3:54am Aug 24, 2023 3:54am
Sell some at 1921 for a DP
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demo tok kenal barey boh!
  • #16,582
  • Aug 24, 2023 4:07am Aug 24, 2023 4:07am
My H4 candle print quite nice
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  • #16,583
  • Aug 24, 2023 4:09am Aug 24, 2023 4:09am
In again with stop @24
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  • #16,584
  • Aug 24, 2023 4:13am Aug 24, 2023 4:13am
Quoting d1zzy
People who usually trade > 0.25 lot sizes prefer 1M for the volatility lol, quick in and outs. 4HR signaling sell signals, daily is showing a sell signal, weekly is a strong sell zone too. Still bearish on the monthly candle. Price should start heading lower at least towards 1904 sometime soon. Still maintain my bearish stance, even if we close this week in a bull candle we should be going back below 1900 by next week. Cant wait to see bulls squirming when price won't even go above 40's let alone 1980-2000
Without closing the gap 1870,gold can't fly fast, as usual Wednesday reversal happened..more retail traders may lost yesterday.today expecting to go down...

Trade safe
Its all about Timing!!!
  • #16,585
  • Aug 24, 2023 4:13am Aug 24, 2023 4:13am
Quoting 10QFX
My H4 candle print quite nice {image}
well done, you're having a stellar day. To us Bears Gold's being a dick. Lol. Taking its time to collapse.
"Who Dares Wins"
  • #16,586
  • Aug 24, 2023 4:16am Aug 24, 2023 4:16am
Honestly from what i see, pa right now is still bullish. its not trying hard to pierce 1917 since tokyo. This might really really shoot up to 1945, i swear im not joking

im not entering a trade, because previous h4 candle closed bullish.
Trading is very lonely
  • #16,587
  • Aug 24, 2023 4:17am Aug 24, 2023 4:17am
DXY looks like it could rollover
  • #16,588
  • Aug 24, 2023 4:27am Aug 24, 2023 4:27am
look at the h1 compression did, it compress slowly to the top. what can unemployment claim do today?
its not even a strong fundamental data even if its red folder.

trade safe everyone, something is really cooking up.
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Trading is very lonely
  • #16,589
  • Aug 24, 2023 4:31am Aug 24, 2023 4:31am
I don't care just takeCan always re enter.
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  • #16,590
  • Aug 24, 2023 4:32am Aug 24, 2023 4:32am
Quoting luckytujuh
look at the h1 compression did, it compress slowly to the top. what can unemployment claim do today? its not even a strong fundamental data even if its red folder. trade safe everyone, something is really cooking up. {image}
From yesterday,ur post means more to me!after seeing this quote i dont touch buy/sell today
Its all about Timing!!!
  • #16,591
  • Aug 24, 2023 4:34am Aug 24, 2023 4:34am
Quoting luckytujuh
look at the h1 compression did, it compress slowly to the top. what can unemployment claim do today? its not even a strong fundamental data even if its red folder. trade safe everyone, something is really cooking up. {image}

Agree with the sentiment, lot of consolidation happening for a big move, if its bad for the dollar I expect 1930-32 area to be taken out, good for dollar then 1900 possibly, weve no idea what impact Jackson Hole will have today either but more than likely 500 pips over the coming days if old data is anything to go by.
  • #16,592
  • Aug 24, 2023 4:37am Aug 24, 2023 4:37am
Quoting Murugesh29
{quote} From yesterday,ur post means more to me!after seeing this quote i dont touch buy/sell today

lol. im just stating facts based on price action. this is really my honest opinion. manipulation from banks and institution can be done instantly. dont trade blindly because we know its a sell, dont also blindly buy because price has already break yesterdays high. correlations also cannot be trusted.

if u really wanna enter, atleast get few more confirmation candles from bigger tf.
but for now, i really dont see any good pa for a good entry
Trading is very lonely
  • #16,593
  • Aug 24, 2023 4:40am Aug 24, 2023 4:40am
FOMO entry
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  • #16,594
  • Aug 24, 2023 4:46am Aug 24, 2023 4:46am
i dontīt know what to say anymore .. same-thing as yesterday .. the dxy is going up .. gold just laughing to my face ..
No emotions
  • #16,595
  • Aug 24, 2023 4:53am Aug 24, 2023 4:53am
Quoting imhere23
i dontīt know what to say anymore .. same-thing as yesterday .. the dxy is going up .. gold just laughing to my face ..
when u see dxy going up that much. u see gold going down the same way like dxy?

dont trust correlation my friend. remember every pair has their own heart. and gold is mostly traded based on technical, and fundamentals and manipulation from banks and institution
Trading is very lonely
  • #16,596
  • Aug 24, 2023 4:55am Aug 24, 2023 4:55am
u see i took 2 sell entry during tokyo because i saw it rejecting 1920. come 2 h4 candles its not even respecting 1920 anymore. so i decided to cut. before tokyo ended, i tried to scalp 1 long trying to see if it can even break the highs again but it hit be as usual.

so u can see in the orange box, its creating a bearish divergence. but this divergence is based on m5. if u look at a bigger tf h1 and above, there is no divergence yet.
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Trading is very lonely
  • #16,597
  • Aug 24, 2023 4:56am Aug 24, 2023 4:56am
Quoting luckytujuh
look at the h1 compression did, it compress slowly to the top. what can unemployment claim do today? its not even a strong fundamental data even if its red folder. trade safe everyone, something is really cooking up. {image}

If the unemployment data is low it can easily bring gold back to ~1910. (In the normal case)

if unemployment is high then probably > 1930
  • #16,598
  • Aug 24, 2023 4:56am Aug 24, 2023 4:56am
bro i think gold would go for the FVG then bounce to up words
  • #16,599
  • Aug 24, 2023 4:59am Aug 24, 2023 4:59am
Quoting Eren10
{quote} If the unemployment data is low it can easily bring gold back to ~1910. (In the normal case)

it is true what u said, but u see the news tonight is just only unemployment claim, even though red folder.
its not the same like nfp data. it wont affect much. so its a risky data to follow.


tomorrow news consumer sentiment is even more exciting than tonight news
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Trading is very lonely
  • #16,600
  • Aug 24, 2023 5:07am Aug 24, 2023 5:07am
look see, the bearish divergence i showed in the orange box, its not even trying to pierce to 1917, instead it created a beautiful inverted candle no wick and rejects 1919.

so end of story, no entry till we see what happens during next h4 candle. else no trade today if price really shoot up.
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Trading is very lonely
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