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  • #37,741
  • Aug 12, 2024 12:32am Aug 12, 2024 12:32am
Morning all, looks like Gold is ranging a bit, now at daily opening price, and hopefully the 2431 resistance will hold, otherwise we might see 2450.
"Who Dares Wins"
  • #37,742
  • Aug 12, 2024 12:55am Aug 12, 2024 12:55am
Quoting eyefeelsix
{quote} trailing-stop ON #time to milk the bull {image}

Robert Prechter calls wave 3 "... a wonder to behold." Dynamic Trailing Stop +530p Total Saved on Gold

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH2.png Size: 35 KB
https://breakpullback.com
  • #37,743
  • Aug 12, 2024 2:04am Aug 12, 2024 2:04am
Quoting Fxgfitking
{quote} We might retest 2393 sometime soon, I just would think it will go down & grab some liquidity left behind to break some new highs. Just my opinion, however if we can't go below 2393 then longs would make sense for now.
I have finally bought some at around 2430$ and if the price continues moving towards the 2500$ mark, then I'll keep adding Longs on the way. The price range to which I'll pay some attention to is 2435$ - 2445$. This is where some potential Resistance could be found.
  • #37,744
  • Aug 12, 2024 2:10am Aug 12, 2024 2:10am
Quoting Silver-King
{quote} As I was saying, the closer to 27$ the better. I just added more Longs at 27.25$ and will add more Longs at around 27.10$ if it gets there. Then, I'm done adding Longs for now. 28.5$ is the target for the Silver at which price anything is possible.
I have added more Longs on the Silver at 27.44$ since I didn't get 27.10$. I still expect the price of the Silver to reach 28.5$ (the price that is in my opinion extremely important for the Silver).
  • #37,745
  • Aug 12, 2024 2:13am Aug 12, 2024 2:13am
Quoting eyefeelsix
{quote} Robert Prechter calls wave 3 "... a wonder to behold." Dynamic Trailing Stop +530p Total Saved on Gold {image}
Hi,

Which indicators are you using? can you share them?

Regards,
B.
  • #37,746
  • Aug 12, 2024 2:15am Aug 12, 2024 2:15am
Quoting Silver-King
{quote} I have finally bought some at around 2430$ and if the price continues moving towards the 2500$ mark, then I'll keep adding Longs on the way. The price range to which I'll pay some attention to is 2435$ - 2445$. This is where some potential Resistance could be found.
2448 & 2450 is the level to watch.
Que Sera
  • #37,747
  • Aug 12, 2024 2:41am Aug 12, 2024 2:41am
Quoting eyefeelsix
{quote} Robert Prechter calls wave 3 "... a wonder to behold." Dynamic Trailing Stop +530p Total Saved on Gold {image}
boom
People don't plan to lose. They lose because they don't plan.
  • #37,748
  • Aug 12, 2024 2:57am Aug 12, 2024 2:57am
Quoting MotleyT
currently we see this,.. only my opinion.. lets see who will win this. I think the up and down will go on, if we don't get a trigger... {image}

on the way..
Trade what you see, not what you hope.
  • #37,749
  • Aug 12, 2024 3:19am Aug 12, 2024 3:19am
2442 is resistance and last hope for pullback before 2540
Most times a 38.2 fib retracement minimum.
We watch the charts from every angle so you don't have to!!
  • #37,750
  • Aug 12, 2024 3:22am Aug 12, 2024 3:22am
Quoting pedro319
2442 is resistance and last hope for pullback before 2540
2442 is fibo extension?
  • #37,751
  • Aug 12, 2024 3:23am Aug 12, 2024 3:23am
Quoting Mihisti
{quote} 2442 is fibo extension?
Yes Bfly sell
We watch the charts from every angle so you don't have to!!
  • #37,752
  • Aug 12, 2024 3:43am Aug 12, 2024 3:43am
Quoting pedro319
Most times a 38.2 fib retracement minimum.
2420?
Its all just one persons opinion
  • #37,753
  • Aug 12, 2024 3:56am Aug 12, 2024 3:56am
worth risk minimum, 2442.50, SL 2445 target 2430
People don't plan to lose. They lose because they don't plan.
  • #37,754
  • Aug 12, 2024 3:57am Aug 12, 2024 3:57am
Quoting ScalaFX
worth risk minimum, 2442.50, SL 2445 target 2430
Absolutely, not 20 lots hopefully.
We watch the charts from every angle so you don't have to!!
  • #37,755
  • Aug 12, 2024 4:02am Aug 12, 2024 4:02am
Quoting pedro319
{quote} Absolutely, not 20 lots hopefully.
People don't plan to lose. They lose because they don't plan.
  • #37,756
  • Aug 12, 2024 4:04am Aug 12, 2024 4:04am
From pullback perspective I would like to see this by the end of next hour
Attached Image (click to enlarge)
Click to Enlarge Name: Evening star doji.png Size: 31 KB
We watch the charts from every angle so you don't have to!!
  • #37,757
  • Aug 12, 2024 4:05am Aug 12, 2024 4:05am
It's a new week and new loosing trade to manage
I will start adding sells from '47 and add more at specific levels in my Demand Zones which ranges from '47 to '77
Good trades y'all
  • #37,758
  • Aug 12, 2024 4:11am Aug 12, 2024 4:11am
Quoting Ogscrilla
It's a new week and new loosing trade to manage I will start adding sells from '47 and add more at specific levels in my Demand Zones which ranges from '47 to '77 Good trades y'all
There is no need for you to be losing money.
Follow my posts and if you need to ask go ahead.
We watch the charts from every angle so you don't have to!!
  • #37,759
  • Aug 12, 2024 4:16am Aug 12, 2024 4:16am
Quoting pedro319
From pullback perspective I would like to see this by the end of next hour {image}
I think we consolidate & go higher. Rinsed it twice below here and bounced off the bottom in good time… monthly candle going green soon
Que Sera
  • #37,760
  • Aug 12, 2024 4:25am Aug 12, 2024 4:25am
Quoting Catempire
{quote} I think we consolidate & go higher. Rinsed it twice below here and bounced off the bottom in good time… monthly candle going green soon
We are going higher, there is no doubt in my mind, the only question is what kind of pullback we get if any.
We just completed another AB=CD H1.
We watch the charts from every angle so you don't have to!!
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