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  • #24,861
  • Dec 27, 2023 11:34pm Dec 27, 2023 11:34pm
Hoping with unemployment claims release, it hits 2098/2100 before going down.. that's where my TP's at
  • #24,862
  • Dec 28, 2023 12:05am Dec 28, 2023 12:05am
Instrument- XAUUSD

BUY

Entry - $2085 to 2086

Stop loss - 2083.5

Lot size - 0.03

Profit Targets- $2090 to $2100
ryoiki tenkai : Blue Juggernaut
  • #24,863
  • Dec 28, 2023 12:07am Dec 28, 2023 12:07am
Quoting Ravenfeeder
{quote} Well, it never went that low again, sigh, wish I had a biy in before yesterday's close. It now looks like Gold won't easily come down, having closed daily above 2070, and we are already above 2085, looking at 2100. Hope everyone is doing okay, and holding on. Lol
But we are still positive and ready to win today. Cheers
ryoiki tenkai : Blue Juggernaut
  • #24,864
  • Dec 28, 2023 12:10am Dec 28, 2023 12:10am
Resistance at 2085-86 is holding. Any breakout at 2088 will push gold up to 2100 again.
There is clean area on every chart after 2088.
Buying is safe after 2088's break out. Still be patient and make sure you do your own analysis.
Secret to the Price Action is Liquidity.
  • #24,865
  • Dec 28, 2023 1:51am Dec 28, 2023 1:51am
Quoting iusman23
Resistance at 2085-86 is holding. Any breakout at 2088 will push gold up to 2100 again. There is clean area on every chart after 2088. Buying is safe after 2088's break out. Still be patient and make sure you do your own analysis.
i am waiting for it to take support on 83 and then i can go for buy....there is also support on 2076.30....let's see
Be Calm In Every Situation
  • #24,866
  • Dec 28, 2023 2:05am Dec 28, 2023 2:05am
Quoting sambhav30
{quote} i am waiting for it to take support on 83 and then i can go for buy....there is also support on 2076.30....let's see
Finally, you're learning. But also keep in my previous supports can become resistance and hold the price and push it down.
Only enter when there is high volume.
Secret to the Price Action is Liquidity.
  • #24,867
  • Dec 28, 2023 2:08am Dec 28, 2023 2:08am
There are two following situations for today:

1. Price will fall back to the 2083 area, grab liquidity and then continue pushing up.
2. Price will jump to 2088 area from 2084-83 and reject 2088 creating a double top pattern and fall back down to 2083-80.

Note: 2080 is a critical area. There are very low chances for the price to visit 2080 area at least for today. There is no resistance above 2085-86-88. We can visit 2100 soon.
Edit: we are below 2083 support. Next support 2080 area. Looking for Sell if price breaks below 2080, if price takes support at 2080, looking for Buy.
Secret to the Price Action is Liquidity.
  • #24,868
  • Dec 28, 2023 2:19am Dec 28, 2023 2:19am
Quoting Doublepanda
Instrument- XAUUSD BUY Entry - $2085 to 2086 Stop loss - 2083.5 Lot size - 0.03 Profit Targets- $2090 to $2100
sl Hit guess the bulls want a discount to get in for today
awaiting confirmations
ryoiki tenkai : Blue Juggernaut
  • #24,869
  • Dec 28, 2023 2:25am Dec 28, 2023 2:25am
Quoting iusman23
{quote} Finally, you're learning. But also keep in my previous supports can become resistance and hold the price and push it down. Only enter when there is high volume.
yes i am still waiting of bullish confirmation
Be Calm In Every Situation
  • #24,870
  • Dec 28, 2023 2:54am Dec 28, 2023 2:54am
how much chance of breaking 2076 support?...i think it will reverse from here
Be Calm In Every Situation
  • #24,871
  • Dec 28, 2023 3:05am Dec 28, 2023 3:05am
does it make morning star pattern?
Be Calm In Every Situation
  • #24,872
  • Dec 28, 2023 3:13am Dec 28, 2023 3:13am
Quoting sambhav30
how much chance of breaking 2076 support?...i think it will reverse from here
Consider support at 2070-68.
Secret to the Price Action is Liquidity.
  • #24,873
  • Dec 28, 2023 3:15am Dec 28, 2023 3:15am
Quoting iusman23
{quote} Consider support at 2070-68.
ok.....
Be Calm In Every Situation
  • #24,874
  • Dec 28, 2023 3:19am Dec 28, 2023 3:19am
Quoting iusman23
{quote} Consider support at 2070-68.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20231228-121757.png Size: 34 KB
  • #24,875
  • Dec 28, 2023 3:39am Dec 28, 2023 3:39am
confirm buying signal?
Be Calm In Every Situation
  • #24,876
  • Dec 28, 2023 3:50am Dec 28, 2023 3:50am
Quoting ScalaFX
{quote} stopped, sell now from 2080
protected for me this is top of Gold for today, in my analysis Gold must take a deep down now, when stop hit Im done with trading Gold till break 2100, thats will be sign that we are in 5 wave for 2200
People don't plan to lose. They lose because they don't plan.
  • #24,877
  • Dec 28, 2023 3:59am Dec 28, 2023 3:59am
Quoting ScalaFX
{quote} protected for me this is top of Gold for today, in my analysis Gold must take a deep down now, when stop hit Im done with trading Gold till break 2100, thats will be sign that we are in 5 wave for 2200
so.......gold moves up?
Be Calm In Every Situation
  • #24,878
  • Dec 28, 2023 4:14am Dec 28, 2023 4:14am
A new resistance formed at 2078. If Price breaks 78 and takes support above 2078 area. We can buy to 2084-88.
Secret to the Price Action is Liquidity.
  • #24,879
  • Dec 28, 2023 4:16am Dec 28, 2023 4:16am
Quoting sambhav30
{quote} so.......gold moves up?
we are sitting now at 61 fibo last swing down, price can exlode from here to the upside but in minutes also can dive 30$ or more, better protect your position if have any
People don't plan to lose. They lose because they don't plan.
  • #24,880
  • Dec 28, 2023 4:25am Dec 28, 2023 4:25am
Quoting ScalaFX
{quote} we are sitting now at 61 fibo last swing down, price can exlode from here to the upside but in minutes also can dive 30$ or more, better protect your position if have any
Fibo I have on Daily is quite similar. According to Fibo we were supposed to reject at 2070-68 area and it did same. I am considering this fall as a retracement.
Gold needs a support to jump again, waiting for a support to form above 2078 and then a buying confirmation.
Secret to the Price Action is Liquidity.
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