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  • #29,161
  • Mar 21, 2024 10:55am Mar 21, 2024 10:55am
Quoting Elliottway
gold taken full retracement of 2166.. when we can expect this move. I missed selling profit. Account now 36% drawdown..
if any break above 2224.. Will reach 2300.. is it TRUE.
SURFER
  • #29,162
  • Mar 21, 2024 11:07am Mar 21, 2024 11:07am
217x looks like a very critical area
ma ma make me happy
  • #29,163
  • Mar 21, 2024 11:24am Mar 21, 2024 11:24am
Quoting hanzohas
217x looks like a very critical area
Do you know why that is?
  • #29,164
  • Mar 21, 2024 11:36am Mar 21, 2024 11:36am
2178 breaking above 2195 very quick
SURFER
  • #29,165
  • Mar 21, 2024 11:57am Mar 21, 2024 11:57am
Quoting Mak0001
{quote} Do you know why that is?
pre/post FOMC level.
Support possible, good place to get rid of long trades with minimal loss.
I assume bulls will hold on to their longs, that will push the price further down without much pull back.
Lets wait and see...
ma ma make me happy
  • #29,166
  • Mar 21, 2024 12:34pm Mar 21, 2024 12:34pm
Can wiggle down a little more if it wants, no worries. Either way is fine.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2024-03-22_00-32-46.png Size: 36 KB
TechKnow
  • #29,167
  • Mar 21, 2024 12:50pm Mar 21, 2024 12:50pm
In whole world I am the only one who baught at 2204
  • #29,168
  • Mar 21, 2024 1:13pm Mar 21, 2024 1:13pm
Quoting Loserone
In whole world I am the only one who baught at 2204
Believe me you're not.. We are still at the very top, why not take a loss like a boss?
ma ma make me happy
  • #29,169
  • Mar 21, 2024 1:31pm Mar 21, 2024 1:31pm
Quoting Whatevs
{quote} Understand what? If you are scared of this sell today, then you don't see the full picture anyway... I'm not trading this shit, I'm investing in it. The lower the price goes the better, because it won't go down for much longer. We can start talking about Gold and 2500$ very soon when Fed starts cutting in June and when the inflation goes through the roof again, then we can talk about 3000$ and more. So, this retracement today or tomorrow hardly matters at all. Just a better buying opportunity nothing else.
I'm not talking about long term or super cycle, this is accurate target for short term and for my friends, not you with millions of dollars of long term trades!!
  • #29,170
  • Mar 21, 2024 1:38pm Mar 21, 2024 1:38pm
Quoting hanzohas
{quote} Believe me you're not.. We are still at the very top, why not take a loss like a boss?
I spit out my 130 am coffee when I read this bit of advice. Thank you for the giggles. Im not sure if "why not take a loss like a boss" is very good advice for someone with 1 post with no idea about the parameters of the trade or the drawdown. I'm having a hard time typing this because I keep having to fix my typos because I'm laughing so hard.
TechKnow
  • #29,171
  • Mar 21, 2024 1:40pm Mar 21, 2024 1:40pm
Quoting Loserone
In whole world I am the only one who baught at 2204
Whats your DD?
TechKnow
  • #29,172
  • Mar 21, 2024 1:49pm Mar 21, 2024 1:49pm
Quoting Techknow
{quote} I spit out my 130 am coffee when I read this bit of advice. Thank you for the giggles. Im not sure if "why not take a loss like a boss" is very good advice for someone with 1 post with no idea about the parameters of the trade or the drawdown. I'm having a hard time typing this because I keep having to fix my typos because I'm laughing so hard.
His nickname is awesome, I couldn't resist
ma ma make me happy
  • #29,173
  • Mar 21, 2024 2:02pm Mar 21, 2024 2:02pm
Gold going back up as we all knew it would

who was it saying we would see 2150? LMFAO not even close. Oh wait, $20 away... so close yet so far... boo hoo
  • #29,174
  • Mar 21, 2024 2:04pm Mar 21, 2024 2:04pm
Quoting H.z
{quote} After this gold’s retracement you must admit u r an idiot
?

Gold is ending that day where it started, what are you talking about.
  • #29,175
  • Mar 21, 2024 3:29pm Mar 21, 2024 3:29pm
Quoting keivan71
{quote} I'm not talking about long term or super cycle, this is accurate target for short term and for my friends, not you with millions of dollars of long term trades!!
Oh, okay then... misunderstanding! Yes, buying today obviously wasn't wise, but in the long run it won't matter if it's 50$ cheaper. Okay... forget it, misunderstanding.
  • #29,176
  • Mar 21, 2024 8:55pm Mar 21, 2024 8:55pm
For me....2165 61.8% level can become good area of support for gold today. I am on buy side today with the target 2198 & 2213. I may be wrong so Trade safe
  • #29,177
  • Mar 21, 2024 9:15pm Mar 21, 2024 9:15pm
I love Gold
  • #29,178
  • Mar 21, 2024 10:57pm Mar 21, 2024 10:57pm
Quoting parveenverma
For me....2165 61.8% level can become good area of support for gold today. I am on buy side today with the target 2198 & 2213. I may be wrong so Trade safe
Bulls need to close current 4H candle above 2178 otherwise Bears can drag the price more down up to 2160-61 possibly. CNY dropping sharply today.Its not good sign for GOLD Bulls. So be careful........
  • #29,179
  • Mar 21, 2024 11:25pm Mar 21, 2024 11:25pm
Quoting parveenverma
{quote} Bulls need to close current 4H candle above 2178 otherwise Bears can drag the price more down up to 2160-61 possibly. CNY dropping sharply today.Its not good sign for GOLD Bulls. So be careful........
I can understand your point. But, for me showing 2186 is targeting. Please validate

Quoting parveenverma
{quote} Bulls need to close current 4H candle above 2178 otherwise Bears can drag the price more down up to 2160-61 possibly. CNY dropping sharply today.Its not good sign for GOLD Bulls. So be careful........
2171 as stop-loss. Take profit at 2186.. h1 abd h4 closed below. Is this possible.
SURFER
  • #29,180
  • Mar 21, 2024 11:39pm Mar 21, 2024 11:39pm
Quoting Elliottway
{quote} I can understand your point. But, for me showing 2186 is targeting. Please validate {quote} 2171 as stop-loss. Take profit at 2186.. h1 abd h4 closed below. Is this possible.
For me .....if current close above 2178 then first ultimate target for bulls become 2198 and then 2213 and if below then bears can approach round about 2159-60. 2165 level seems the strong support where price can take close if bears drag down the price.Let's see.......

Reminder : My levels only valid for the traders who use 4H or above TF for trading. Lower time frame trader than 4H can be crushed down. Yesterday is the best example....I quote that Gold can retrace from 2212-13 area but it retraced little early from 2211. I also quote that @ 2184 crazy bulls are waiting , for small time frame trader this level is not valid but if we saw the daily close it was very close to that level @2182.Today price drop happened because of CNY sharp drop but still my bias are Bullish for today.
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