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  • #28,321
  • Mar 12, 2024 5:38pm Mar 12, 2024 5:38pm
Quoting NextElliott
{quote} Trading strategy that I'm following for myself with my trading system is as follow: Let's say I have a $500 investment. I will open a trade with 0.01 without stop loss when my system gives me an entry point. And I let it run. I set my Take Profit according to my trading system.. Till then trade will run.. If require I add more positions. I let the trade run until takeprofit hit. This way I manage my trades. This is how I trade. For every $200 only I open 0.01 lot. In some cases for every $100 I open 0.01 lot. I work with time & price. Sometime...
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I'm not always right.. I'm not always wrong neither
  • #28,322
  • Edited 6:06pm Mar 12, 2024 5:48pm | Edited 6:06pm
Buy xau /usd harmonic pattern triggered on the hourly. Tp 2175
  • #28,323
  • Edited 7:40pm Mar 12, 2024 6:37pm | Edited 7:40pm
Quoting NextElliott
I can see 2033 - 2026 .. Price now 2160.. Bulls can take price to Moon or other planet.. but bottom target remain for bears 2033-2026 for now( it may extend ) .. For all bears: Keep hunting smartly till 2033 - 2026.. ====================================================== My previous same kind of forecast: https://www.forexfactory.com/thread/...5#post14756415 ====================================================== disclaimer: Love it or leave it.
For all bears: Keep hunting smartly.. Price may reach around 2230 area.. or may not.. Bigger picture for Bears are 2030-2026 or lower ..

======================================================
disclaimer: Love it or leave it.
I'm not always right.. I'm not always wrong neither
  • #28,324
  • Mar 12, 2024 8:27pm Mar 12, 2024 8:27pm
ok gentlemen and the lovely isabellaD ...theres just 13 trading days left in the quarter so time to dust off that chart

Quoting Zebi
hi gentlemen...many of you may not know who i am... i said a comet will have to hit earth last march and april for gold to breakout hier on the quarterly and monthly charts back then LOL...it still hasnt done it so bulls can dream their fantasies cause thats all theyll have cause they wont have any money i m posting both charts now and i still feel some celestial object will have to hit earth and cause a extinction event for gold to stand a chance {image} {image}
Quoting Zebi
{quote} i placed sell limits at 2150,2160 and 2170 cause bulls will get slaughtered since the long term dollar chart is bullish im sure every ICT follower understands what thismonthly dollar chart signifies ...the dollar isnt gona fall thru that 7 year support level and it goes back further than that...the dollars goin back to 107 within 2 months and 115 in 5 years and may even get back to clinton era 120ish as long as democrats keep winning elections i understand dollar bears and haters want america to fall to its knees but thats never going to...

Quoting Zebi
a priapic hyperbolic rise like this on this daily chart means people swallowed all their viagra in one shot LOL blastoffs like this one on the daily chart always crash down when the viagra wears off so thats another reason im bearish untill that comet hits earth thats enuf from me i dont want to influence anyones views just posting mine {image}
\

looks like the viagras wearing off on the daily
if you take a moment to look at this updated quarterly chart you can see price starting to breakdown from the highs..if gold closes below the black line thats last quarters high but above the red which is the june 2020 high it will be bearish but price will attempt another run at the highs again in a couple quarters which is 6 months

now if gold closes under that red line its pretty much a death knell for bulls...they will be dejected,despondant and disgusted...some may even get depressed the end of the world fiat currency system hasnt happened yet again LOL those gold permabulls have been disappointed in their apocolayptic the sky is falling fantasies for so long theyre losing a grip on their sanity cause gold just wont breakout for the last 4 years LOL

everything ive said in my quotes still stands...especially the comet hitting earth for gold to breakout comment ...im very proud of that

ease up on the drugs guys that make you think the world currency system is going to crash and implode anytime soon

gold still has to revisit 1600 because it was a lower low made in the uptrend so thats holding back gold from a big breakout....when price falls to 1600 and bounces from that level back to the highs it might have a chance for hier prices dont miss seeing the forest because of the trees
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short trump and go long the deepstate
  • #28,325
  • Mar 12, 2024 9:21pm Mar 12, 2024 9:21pm
Quoting Zebi
ok gentlemen and the lovely isabellaD ...theres just 13 trading days left in the quarter so time to dust off that chart {quote} {quote} {quote}\ looks like the viagras wearing off on the daily if you take a moment to look at this updated quarterly chart you can see price starting to breakdown from the highs..if gold closes below the black line thats last quarters high but above the red which is the june 2020 high it will be bearish but price will attempt another run at the highs again in a couple quarters which is 6 months ...
I Liked the way you said "dont miss seeing the forest because of the trees "
I'm not always right.. I'm not always wrong neither
  • #28,326
  • Mar 12, 2024 10:20pm Mar 12, 2024 10:20pm
Quoting NextElliott
{quote} I Liked the way you said "dont miss seeing the forest because of the trees "
Around 19th- 20th March 2024 Bulls may get chance to turn into Bears ..
I'm not always right.. I'm not always wrong neither
  • #28,327
  • Mar 12, 2024 10:40pm Mar 12, 2024 10:40pm
Quoting Zebi
ok gentlemen and the lovely isabellaD ...theres just 13 trading days left in the quarter so time to dust off that chart {quote} {quote} {quote}\ looks like the viagras wearing off on the daily if you take a moment to look at this updated quarterly chart you can see price starting to breakdown from the highs..if gold closes below the black line thats last quarters high but above the red which is the june 2020 high it will be bearish but price will attempt another run at the highs again in a couple quarters which is 6 months ...
If gold closes above your black line thats a higher high on the quaterly chart. Who said gold HAS to revist 1600 because of a lower low made in July-Oct 2022? If it makes a higher high = trend change and we just keep going up. Im not bullish on gold, im just saying, gold doesnt have to do anything, nor MUST it do anything. Even if it closes below the black line, Gold would just follow its seasonal tendency (March is usually bearish on Gold).

Im curious about your reasoning behind "gold has to revisit 1600 before it can breakout to the upside"
  • #28,328
  • Edited 11:03pm Mar 12, 2024 10:48pm | Edited 11:03pm
TIME ± PRICE = 1600 or any other number
I'm not always right.. I'm not always wrong neither
  • #28,329
  • Mar 12, 2024 11:29pm Mar 12, 2024 11:29pm
i think gold will fill the gap in weekly chart and the daily chart in the the downside way and will touch the strong support
  • #28,330
  • Mar 12, 2024 11:35pm Mar 12, 2024 11:35pm
PA out of control now. Maximum 2166-69, above this level bull drive upto 2182. But, if any fall, will be unstoppable and quick.
SURFER
  • #28,331
  • Edited 5:05am Mar 13, 2024 1:35am | Edited 5:05am
Quoting Elliottway
PA out of control now. Maximum 2166-69, above this level bull drive upto 2182. But, if any fall, will be unstoppable and quick.
Price need to test at least 1975 before any further drop. I may be wrong so trade safe

Edit ......It's 2175 not 1975.
  • #28,332
  • Mar 13, 2024 1:35am Mar 13, 2024 1:35am
In the middle of the forest with full anticipation of spring and without a doomsday feeling - very modest intraday:
see it like WavesTech 2171.5 further down, see #28.302
  • #28,333
  • Mar 13, 2024 2:26am Mar 13, 2024 2:26am
Wait for price action to expose Gold. Then chase those pips aggressively . Let Gold keep playing around yesterday closing price for now.
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ryoiki tenkai : Blue Juggernaut
  • #28,334
  • Mar 13, 2024 2:46am Mar 13, 2024 2:46am
I'm seeing a bearish wedge forming at 4 hr resistance. However, there is a triple top at the red line so it could be a stop hunt. Also on the 12 hours, there might be a deeper retracement to my next resistance zone at about 2168.
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  • #28,335
  • Mar 13, 2024 2:53am Mar 13, 2024 2:53am
Quoting Elliottway
PA out of control now. Maximum 2166-69, above this level bull drive upto 2182. But, if any fall, will be unstoppable and quick.
If really want to go down further.. 2162-65 maximum.
SURFER
  • #28,336
  • Mar 13, 2024 3:46am Mar 13, 2024 3:46am
ZZzzzzzz
  • #28,337
  • Mar 13, 2024 4:09am Mar 13, 2024 4:09am
I'm guessing the sellers want to sell higher but the buyers want to buy lower
  • #28,338
  • Mar 13, 2024 4:23am Mar 13, 2024 4:23am
Quoting parveenverma
{quote} Price need to test at least 1975 before any further drop. I may be wrong so trade safe
1975? Before drop?
People don't plan to lose. They lose because they don't plan.
  • #28,339
  • Mar 13, 2024 4:31am Mar 13, 2024 4:31am
Quoting ScalaFX
{quote} 1975? Before drop?
I know it was a typo but I would say good luck thinking gold will drop below 2000 again
  • #28,340
  • Mar 13, 2024 4:31am Mar 13, 2024 4:31am
Quoting ScalaFX
{quote} 1975? Before drop?
no new idea. 4x said
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