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  • #23,781
  • Dec 5, 2023 11:36am Dec 5, 2023 11:36am
Quoting Mohamad-java
Gold D1 chart Please trade with your own analysis {image}
The analysis is complete
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  • #23,782
  • Edited 2:14pm Dec 5, 2023 1:10pm | Edited 2:14pm
The most important level arounds is limit 2009.33, till intact. Breaks also ok as on supports still. Next daily may ranging, if so may enough space for correction up or bull to do !! Take care
2021.51 signal breaks may lead to 2031 +as start.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #23,783
  • Dec 5, 2023 3:40pm Dec 5, 2023 3:40pm
for me daily correction is over
  • #23,784
  • Dec 5, 2023 4:43pm Dec 5, 2023 4:43pm
Quoting S3000
for me daily correction is over
Good to see more people are with me in this.
Secret to the Price Action is Liquidity.
  • #23,785
  • Dec 5, 2023 6:37pm Dec 5, 2023 6:37pm
Quoting vankiepsauff
{quote}add 2084
I still hold short
vankiepsauff@gmail
  • #23,786
  • Dec 5, 2023 7:37pm Dec 5, 2023 7:37pm
me too
  • #23,787
  • Dec 5, 2023 7:58pm Dec 5, 2023 7:58pm
TIME TO LOSE MONEY
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  • #23,788
  • Dec 5, 2023 8:35pm Dec 5, 2023 8:35pm
Quoting vankiepsauff
{quote} I still hold short
how you can hold......tell me some tips how to hold a trade.....even it is a small lot
Be Calm In Every Situation
  • #23,789
  • Dec 5, 2023 8:53pm Dec 5, 2023 8:53pm
Quoting sambhav30
{quote} how you can hold......tell me some tips how to hold a trade.....even it is a small lot
I think I will continue to go down, so I hold short, no tips at all.
vankiepsauff@gmail
  • #23,790
  • Dec 5, 2023 9:12pm Dec 5, 2023 9:12pm
Quoting sambhav30
{quote} how you can hold......tell me some tips how to hold a trade.....even it is a small lot
He shorted from 2084, even if his lot if 0.02, he is running in $120+ profit. If it is 0.05 profit should be around $300+.
He just entered sell without TP and his Stop Loss can be on breakeven.

Just in case if you are wondering what breakeven is, you put your stop loss on exact point of your entry, if price hits it you get 0 loss. Sometimes if price is gone too far, you can set your stop loss as well as TP (e.g, your entry point 2084 and SL is 2086, now price is at 2015, you can move you SL to 2035, if price hits 2035 you get profit lock instead of loss).
Secret to the Price Action is Liquidity.
  • #23,791
  • Dec 5, 2023 9:15pm Dec 5, 2023 9:15pm
Quoting iusman23
{quote} He shorted from 2084, even if his lot if 0.02, he is running in $120+ profit. If it is 0.05 profit should be around $300+. He just entered sell without TP and his Stop Loss can be on breakeven. Just in case if you are wondering what breakeven is, you put your stop loss on exact point of your entry, if price hits it you get 0 loss. Sometimes if price is gone too far, you can set your stop loss as well as TP (e.g, your entry point 2084 and SL is 2086, now price is at 2015, you can move you SL to 2035, if price hits 2035 you get profit lock...
yes...trailing stop loss
Be Calm In Every Situation
  • #23,792
  • Dec 5, 2023 10:55pm Dec 5, 2023 10:55pm
guys tell me your opinion.....if gold cross 2000 then we can say that downtrend is start?
Be Calm In Every Situation
  • #23,793
  • Dec 5, 2023 11:34pm Dec 5, 2023 11:34pm
Quoting sambhav30
guys tell me your opinion.....if gold cross 2000 then we can say that downtrend is start?
Obviously, still if candle on D1 breaks the low of previous candle we say it is a downtrend.
Secret to the Price Action is Liquidity.
  • #23,794
  • Dec 5, 2023 11:37pm Dec 5, 2023 11:37pm
Clear retracement on H4. Resistance at 2024-25, if goes through expecting 2045 area, a strong resistance. If gold breaks 2045 we can see retest of 2081 or maybe another new high.
Selling and buying at this point is once again confusing decision.

Also, if any bearish candle closes below 2020, I taking a sell entry with 2015 as TP.
In other situation if bullish candle closes above 2023, I am going to wait till it goes through 2024-25 or reject it with a sell confirmation.
Patience is the key here!
Secret to the Price Action is Liquidity.
  • #23,795
  • Dec 5, 2023 11:37pm Dec 5, 2023 11:37pm
Quoting iusman23
{quote} Obviously, still if candle on D1 breaks the low of previous candle we say it is a downtrend.
yup.....so you are also in wait of sell setup?
Be Calm In Every Situation
  • #23,796
  • Dec 5, 2023 11:45pm Dec 5, 2023 11:45pm
Quoting sambhav30
{quote} yup.....so you are also in wait of sell setup?
I am waiting for any strong set up, either sell or buy.
BTW, are you new to trading mate?
Secret to the Price Action is Liquidity.
  • #23,797
  • Dec 5, 2023 11:48pm Dec 5, 2023 11:48pm
Quoting iusman23
{quote} I am waiting for any strong set up, either sell or buy. BTW, are you new to trading mate?
yes...i started from july in demo account.....real account from october mid
Be Calm In Every Situation
  • #23,798
  • Dec 5, 2023 11:50pm Dec 5, 2023 11:50pm
Quoting sambhav30
{quote} yes...i started from july in demo account.....real account from october mid
I started in September, direct from real account.
I see you still get confused with set ups?
Secret to the Price Action is Liquidity.
  • #23,799
  • Dec 6, 2023 12:04am Dec 6, 2023 12:04am
Quoting iusman23
{quote} I started in September, direct from real account. I see you still get confused with set ups?
nope....not confused but if you have something for me then yo can tell me
Be Calm In Every Situation
  • #23,800
  • Dec 6, 2023 12:10am Dec 6, 2023 12:10am
Quoting sambhav30
{quote} nope....not confused but if you have something for me then yo can tell me
Improve on tackling consolidation areas, must learn how and when to take entry in consolidation areas.
Secret to the Price Action is Liquidity.
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