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  • #38,561
  • Aug 16, 2024 7:38am Aug 16, 2024 7:38am
Quoting pedro319
{quote} I meant Gold is lacking fuel on the way up.
Manipulation on the market...
  • #38,562
  • Aug 16, 2024 7:40am Aug 16, 2024 7:40am
Still some news in about an hour and a half to help the Gold climb even higher. It'd be amazing if we could see 2500$ today, right folks?
  • #38,563
  • Aug 16, 2024 7:40am Aug 16, 2024 7:40am
Quoting wiseguy0
{quote} Manipulation on the market...
I think this is ok pa, price keeps trying, I guess they need a reason to print such an important level as 2500.
This was suggested to me by Lion heart.
We watch the charts from every angle so you don't have to!!
  • #38,564
  • Aug 16, 2024 7:40am Aug 16, 2024 7:40am
compared to other days, there is really less volume traded today... the big ones are waiting for something,.. maybe the'y don't want to jump in before weekend..
Trade what you see, not what you hope.
  • #38,565
  • Aug 16, 2024 7:43am Aug 16, 2024 7:43am
When markets move up at this ANGLE of steepness

You can just buy the swing high pivot breakouts and retraces back to prev swing high

Ultra simple

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Break of the 10SMA = something larger is happening - might be a reversal, might be a sideways continuation pausing correction

You can make a living just trading this method from 5 minute charts

Remember to trade in 2-3 units
  • #38,566
  • Aug 16, 2024 7:47am Aug 16, 2024 7:47am
Quoting MIKKI
{quote} Your stop loss is my TP
Well it's not going to your TP now
If it breaches the level of 2477 it will max reach the level of 2483 its final point will be that

Sorry!! Please don't take hard feelings....Its just mine little analysis...
  • #38,567
  • Aug 16, 2024 7:48am Aug 16, 2024 7:48am
Quoting Forexstarr
{quote} But this 2474/80 has held for weeks. That resistance hasnt been broken and tried 3x. This is the 4th time probing it. Expected to hold or go grab liquidity. I believe sell is coming soon.
Gann said back in the 1930's "4th time at the same level and it usually goes through"

Time will tell
  • #38,568
  • Aug 16, 2024 7:50am Aug 16, 2024 7:50am
Because God is Good
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ryoiki tenkai : Blue Juggernaut
  • #38,569
  • Aug 16, 2024 7:53am Aug 16, 2024 7:53am
Quoting pedro319
{quote} Tôi nghĩ lŕ ổn, giá cả vẫn đang tăng, tôi đoán lŕ họ cần một lý do để in một cấp độ quan trọng như 2500. Lion heart đă gợi ý điều nŕy cho tôi.
Gold is looking for ways to return to 2500. But be careful it can quickly return to 2425
  • #38,570
  • Aug 16, 2024 7:53am Aug 16, 2024 7:53am
Quoting Thtpro
{quote} Gann said back in the 1930's "4th time at the same level and it usually goes through" Time will tell
He was right. 4th time's the charm. 3rd time's the charm is how the saying goes, however 4th time's the charm is for trading/investing.
  • #38,571
  • Aug 16, 2024 7:53am Aug 16, 2024 7:53am
Before
Quoting tuga74
My view of the market for now, but probably more bullish {image}
After, guess I was lucky
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  • #38,572
  • Aug 16, 2024 7:54am Aug 16, 2024 7:54am
Beauty… common gold…. Plenty stops to knock off.
Que Sera
  • #38,573
  • Aug 16, 2024 7:54am Aug 16, 2024 7:54am
resistance will probably start showing up here around 2480/90

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ma ma make me happy
  • #38,574
  • Aug 16, 2024 7:54am Aug 16, 2024 7:54am
Quoting Doublepanda
Because God is Good {image} {image} {image}
Good job! Just goes to show how much more risk/reward there is on Gold.
  • #38,575
  • Aug 16, 2024 7:55am Aug 16, 2024 7:55am
Quoting Whale
Wow.. so tricky. My 1+1 today after 1:30 of London is long till new ATH or at least 2472 the wishes for down are stay on the wish side.
ATH.. done
  • #38,576
  • Aug 16, 2024 7:56am Aug 16, 2024 7:56am
___________________ = VERY - - - need to use my glasses Again tabarnak
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Don’t focus on making $$$, focus on protecting what you have.
  • #38,577
  • Aug 16, 2024 7:56am Aug 16, 2024 7:56am
2500+ incoming
Que Sera
  • #38,578
  • Aug 16, 2024 7:56am Aug 16, 2024 7:56am
Quoting Silver-King
{quote} He was right. 4th time's the charm. 3rd time's the charm is how the saying goes, however 4th time's the charm is for trading/investing.
Doesn't always work though - I used to enter them religiously and then I got taught a lesson by Mr Market- but mostly they do

I just wait for the break through and see if there's a retest, if a retest, its going higher

I've seen 5 attempts too!
  • #38,579
  • Aug 16, 2024 7:57am Aug 16, 2024 7:57am
Quoting Catempire
Beauty… common gold…. Plenty stops to knock off.
Stops are probably above 2500$. 2505$ - 2525$. That's where I would put my SL if I was Short.
  • #38,580
  • Aug 16, 2024 7:57am Aug 16, 2024 7:57am
Finally 85 taken out finaaallly,
average dude treading water
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