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  • #25,621
  • Jan 12, 2024 12:14am Jan 12, 2024 12:14am
Quoting TingKS
shorted at 2037, set TP at 2015 looking to 2010 level. Waiting it go below 2030 first. How about urs? Trade safe, Is Friday... Happy Weekend
It was resistance at 2035. What if it takes support above 2035 and jump to 2045 before continuing any further downtrend?
Secret to the Price Action is Liquidity.
  • #25,622
  • Jan 12, 2024 12:21am Jan 12, 2024 12:21am
Quoting iusman23
{quote} It was resistance at 2035. What if it takes support above 2035 and jump to 2045 before continuing any further downtrend?
Looks like 45 first before any drop
  • #25,623
  • Jan 12, 2024 12:24am Jan 12, 2024 12:24am
Quoting d1zzy
{quote} Looks like 45 first before any drop
Agreed, I can see price above resistance and there is no pull back anymore below 35. It is going to take support above 35 for 2045 area. 2045 is the area where it'll continue the bloodshed.
We two were saying 2045 for this whole week while many said 2045 is not possible anymore. Let's see how this week ends now.
Secret to the Price Action is Liquidity.
  • #25,624
  • Edited 2:06am Jan 12, 2024 12:33am | Edited 2:06am
4hrs chart showing uptrend already actually, but according to the latest CPI result, today should be downtrend. Let see how today PPI result.

And my view is, 2042 might be the highest today. And my opinion is, it need go to 2026 level first, then see how again 4hrs chart perform.

Dont know right or wrong as i still newbie in this field.
  • #25,625
  • Jan 12, 2024 12:48am Jan 12, 2024 12:48am
every where now is warring, really worry about gold price will be affected, and jump like rocket suddenly.
  • #25,626
  • Jan 12, 2024 12:55am Jan 12, 2024 12:55am
Quoting TingKS
every where now is warring, really worry about gold price will be affected, and jump like rocket suddenly.
Wherever there is a war, they are not worried about the value of gold, but about the safety of lives.
Desire is a set of possibilities And reluctance - a lot of reasons ....
  • #25,627
  • Jan 12, 2024 12:59am Jan 12, 2024 12:59am
Quoting iusman23
{quote} It was resistance at 2035. What if it takes support above 2035 and jump to 2045 before continuing any further downtrend?
As expected, it's rejecting 2035 as support now and a red candle which is a new support for pulling up is formed.
(EDIT) If price closes below 35 resistance again, the green candle closed above 35, it'll be considered as a fake out.
We can see a huge swing upward now. Gold is grabbing liquidity.
The last swing down after CPI was noting but an impulsive move meant to be corrected later. Price went back up where it started falling from.
Secret to the Price Action is Liquidity.
  • #25,628
  • Jan 12, 2024 2:01am Jan 12, 2024 2:01am
Good Rate's . Buy to sell higher .
I think 2043 (Finally today) or higher then back .
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #25,629
  • Jan 12, 2024 2:06am Jan 12, 2024 2:06am
Quoting mhmdghaeni
Good Rate's . Buy to sell higher . I think 2043 (Finally today) or higher then back .
Before it is too late, we can see a huge rejection on 2041 resistance too.
I'm holding tight for a huge swing up to 2045. I hope it completes double top at H4 and confirm a short opportunity.
Secret to the Price Action is Liquidity.
  • #25,630
  • Edited 2:31am Jan 12, 2024 2:07am | Edited 2:31am
2047
Seems 2039.70 holds for now
  • #25,631
  • Jan 12, 2024 2:18am Jan 12, 2024 2:18am
Quoting iusman23
{quote} Before it is too late, we can see a huge rejection on 2041 resistance too. I'm holding tight for a huge swing up to 2045. I hope it completes double top at H4 and confirm a short opportunity.
i think they reject 2039.8 go back 2031 then pump again
  • #25,632
  • Jan 12, 2024 2:24am Jan 12, 2024 2:24am
2045, 2046, 2048 or above before reversal
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 54 KB
Look right, we'll see the signs
  • #25,633
  • Jan 12, 2024 2:31am Jan 12, 2024 2:31am
Quoting A.Jabbar
{quote} i think they reject 2039.8 go back 2031 then pump again
If you look closer on M30, there is reverse head and shoulder pattern. Plus, there is higher highs trend in formation which means gold will rise up to 2045 area and it'll dump from there.
In other situation, gold can take support above 2045 and jump to 2050+. But, the dump from 2045 has more possibilities.
Secret to the Price Action is Liquidity.
  • #25,634
  • Jan 12, 2024 3:50am Jan 12, 2024 3:50am
buy xauusd eurusd gbpusd

take profits at 130 pips and use 200 ema on 30 mins and 1h tf as trailing sl
ryoiki tenkai : Blue Juggernaut
  • #25,635
  • Jan 12, 2024 4:02am Jan 12, 2024 4:02am
Quoting Doublepanda
buy xauusd eurusd gbpusd take profits at 130 pips and use 200 ema on 30 mins and 1h tf as trailing sl
sadly DXY doesn’t want stay down so i will open sell positions with the same Tp targets
ryoiki tenkai : Blue Juggernaut
  • #25,636
  • Jan 12, 2024 4:46am Jan 12, 2024 4:46am
When the whole world was saying there is no 2045 possibility. I believed in 2045.
When people kept looking for shorts at 2035, I believed in 2045.
AND NOW WE ARE ALMOST AT 2045. I believed in 2045 man.
Secret to the Price Action is Liquidity.
  • #25,637
  • Jan 12, 2024 4:54am Jan 12, 2024 4:54am
LOL
  • #25,638
  • Jan 12, 2024 4:56am Jan 12, 2024 4:56am
Quoting azhantahir
2045, 2046, 2048 or above before reversal {image}
If you are a buyer,
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
Look right, we'll see the signs
  • #25,639
  • Jan 12, 2024 4:59am Jan 12, 2024 4:59am
Quoting azhantahir
{quote} If you are a buyer, {image}
If you are a buyer, wait for the support above 2045 and target 2058 area.
Secret to the Price Action is Liquidity.
  • #25,640
  • Jan 12, 2024 5:42am Jan 12, 2024 5:42am
Quoting iusman23
{quote} If you are a buyer, wait for the support above 2045 and target 2058 area.
Glad you reached your target. i also believed that nice gap had to be filled, and wasn't even touched the last 2 days, but now we are there, and due to geopolitical tensions and the reversal of yesterday, we might see 2058, if Gold doesn't start dumping. Will watch higher TF like 4H closely. Bummer about Monday being US holiday, so we will only see action again from Tuesday onwards, and if war escalates over the weekend, we might see a jump like on the 4th of December last year again with Asian session opening on Tuesday.
"Who Dares Wins"
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