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  • #44,521
  • Sep 25, 2024 4:39pm Sep 25, 2024 4:39pm
Gold - Level for 26-09-2024
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  • #44,522
  • Sep 25, 2024 4:47pm Sep 25, 2024 4:47pm
Quoting Orand
{quote} sl ?
Before u decide to enter a short or longs today. See daily closure first. There could be big movement today. Levels of 2670 can be tested and can be popped, possible ATH again, then the drop.

Or it could just go down and trap the buyers today.
Caution with trades today.
Trading is very lonely
  • #44,523
  • Edited 5:05pm Sep 25, 2024 4:51pm | Edited 5:05pm
Quoting Tictak
I'll tell you one of the main reasons for the gold rally. Russia is under sanctions and it has nothing to pay China, everything from the ruble to nowhere to get currency. So they Russians are changing gold in the Hong Kong exchange with cash gold, there are rivers of gold flowing there now. What can then happen or a big collapse of gold or will be short sharp kidkami discount)))))) But what will happen is certain. And how it will affect bitcoin. Я вам сейчас розкажу...
Don't talk nonsense and don't mislead other people if you get lost yourself. Until a single currency is developed, you can work with any one, as long as it displaces the dollar. As is happening everywhere, the dollar as a currency is slowly but surely fading into the background.Mutual settlements between China and Russia take place in national currencies, these countries have finished with the US dollar, so there are no problems with settlements in Russia and China in principle.
Desire is a set of possibilities And reluctance - a lot of reasons ....
  • #44,524
  • Sep 25, 2024 8:11pm Sep 25, 2024 8:11pm
Quoting Tictak
I'll tell you one of the main reasons for the gold rally. Russia is under sanctions and it has nothing to pay China, everything from the ruble to nowhere to get currency. So they Russians are changing gold in the Hong Kong exchange with cash gold, there are rivers of gold flowing there now. What can then happen or a big collapse of gold or will be short sharp kidkami discount)))))) But what will happen is certain. And how it will affect bitcoin. Я вам сейчас розкажу...
Sanctions are nothing new. You are following the market 2 years behind.

Gold rally of this last 2 days is because of PBoC lowering the rates. And before that, it was because FED lowering the rates.

I literally warned people 2 days ago for a possible Gold rally this week and stated that i have closed shorts because of PBoC lowering the rates:

Quoting Nordling
{quote} Closed the Gold short trade and took the little profits. I was thinking about keeping it open till Thursday but Chinese Central Bank decided to cut rates. I hate the random news like this. {image} This was exactly what I meant by geo-politic events. Unfortunately the longer you stay in a trade, the higher the risk of a random event eating up your profits or getting caught by it.
You have to have an IQ higher than 90 to interact with this user.
  • #44,525
  • Sep 25, 2024 8:22pm Sep 25, 2024 8:22pm
On my daily chart, the bearish pin bar just formed after closing yesterday, please predict further guys !!!
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  • #44,526
  • Sep 25, 2024 10:32pm Sep 25, 2024 10:32pm
Quoting khoasg
On my daily chart, the bearish pin bar just formed after closing yesterday, please predict further guys !!! {image}
Same for me brother. But It won't be a wise decision to take short right now without getting further confirmation. Because Market is on Uptrend.
  • #44,527
  • Sep 25, 2024 11:23pm Sep 25, 2024 11:23pm
Another day
Another box
Another escape from the box.
Going North young man?
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  • #44,528
  • Sep 25, 2024 11:35pm Sep 25, 2024 11:35pm
https://www.forexfactory.com/thread/...6#post15008936
same as yesterday, right shoulder or new ATH?
XAUUSD H4 (2663-2657) / M30
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  • #44,529
  • Sep 25, 2024 11:35pm Sep 25, 2024 11:35pm
Quoting Nordling
{quote} Sanctions are nothing new. You are following the market 2 years behind. Gold rally of this last 2 days is because of PBoC lowering the rates. And before that, it was because FED lowering the rates. I literally warned people 2 days ago for a possible Gold rally this week and stated that i have closed shorts because of PBoC lowering the rates: {quote}
And liquidity injection.
Finally someone in gold thread that are up to date with the things that actually pushing price. Not because of some indicators.
More time in the market, does not mean you trade better!
  • #44,530
  • Sep 25, 2024 11:37pm Sep 25, 2024 11:37pm
Quoting OutThere
Another day Another box Another escape from the box. Going North young man? {image}
what kind of box is it? What is it used for ?
  • #44,531
  • Sep 26, 2024 12:13am Sep 26, 2024 12:13am
Quoting khoasg
On my daily chart, the bearish pin bar just formed after closing yesterday, please predict further guys !!! {image}
This is a Doji. Which is not bearish or bullish. It means indecision. Cheers.
TechKnow
  • #44,532
  • Edited 1:22am Sep 26, 2024 12:22am | Edited 1:22am
long at : 2662.50
sl : 2658.50(sl hit)
tp : 2667.50
-------------------
Add long : 2661
Sl : 2658.5
Tp : 2663(tp hit)
-------------------
Add long at : 2662.40
Sl : 2658.50(sl hit)
tp : 2664.40
--------------------
Today Status so far : (-40pip,20pip ,-40pip) , Total : -60pip
Today Win Ratio : 1/3 or 33%
  • #44,533
  • Sep 26, 2024 12:23am Sep 26, 2024 12:23am
Quoting khoasg
On my daily chart, the bearish pin bar just formed after closing yesterday, please predict further guys !!! {image}
US500
2 bearish candlesick, yet it keep
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Structure beats candlestick like 9 times out of 10.
Works in all timeframe, and majority of instrument, incl gold
More time in the market, does not mean you trade better!
  • #44,534
  • Sep 26, 2024 12:29am Sep 26, 2024 12:29am
Quoting Fardeen1209
{quote} US500 2 bearish candlesick, yet it keep {image} Structure beats candlestick like 9 times out of 10. Works in all timeframe, and majority of instrument.
I would just consider this a double doji, which is a flat on a lower time frame and is almost always bullish.
TechKnow
  • #44,535
  • Sep 26, 2024 12:33am Sep 26, 2024 12:33am
Quoting Techknow
{quote} This is a Doji. Which is not bearish or bullish. It means indecision. Cheers.
You just waste your time providing nothing for him
  • #44,536
  • Sep 26, 2024 12:37am Sep 26, 2024 12:37am
Quoting Techknow
{quote} I would just consider this a double doji, which is a flat on a lower time frame and is almost always bullish.
Yes, we come to what we have today after of years of trying, failing, crying while gaining the experience.
But as someone who just started, the first thing that comes up about trading, is the study of candlestick.
What we learn at the start, is a bearish candlestick is longer upper wick with tiny body, or engulfing...
As a starter, we would comfortably sell, only to find out later price is moving against us.

Multi-timeframe analysis come at a later stage.
More time in the market, does not mean you trade better!
  • #44,537
  • Sep 26, 2024 12:37am Sep 26, 2024 12:37am
Quoting PushnPull
{quote} You just waste your time providing nothing for him
it's his time and he can do whatever he wants with it
2 Corinthians 12:9
  • #44,538
  • Sep 26, 2024 12:38am Sep 26, 2024 12:38am
Quoting PushnPull
{quote} You just waste your time providing nothing for him
I dont understand what this means, learning is never a waste of time, sorry you feel that way. Cheers.
TechKnow
  • #44,539
  • Sep 26, 2024 12:38am Sep 26, 2024 12:38am
Quoting Fardeen1209
{quote} Yes, we come to what we have today after of years of trying, failing, crying while gaining the experience. But as someone who just started, the first thing that comes up about trading, is the study of candlestick. What we learn at the start, is a bearish candlestick is longer upper wick with tiny body, or engulfing... As a starter, we would comfortably sell, only to find out later price is moving against us. Multi-timeframe analysis come at a later stage.
Completely agree. Well said.
TechKnow
  • #44,540
  • Sep 26, 2024 12:46am Sep 26, 2024 12:46am
Quoting Techknow
{quote} I dont understand what this means, learning is never a waste of time, sorry you feel that way. Cheers.
Sure is. I'm just happen to know him quite well so don't want this to bother you much. But it your time and you can do what you want.
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