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  • #51,521
  • Nov 13, 2024 2:52pm Nov 13, 2024 2:52pm
Sentiment clearly changed for bear in gold market at least for now. And interestingly technicals showed that reversal.
I will look at little long pos when price will sweep 2545 and will align with touch with the lower trendline.
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  • #51,522
  • Nov 13, 2024 3:03pm Nov 13, 2024 3:03pm
it can take a few trades to get it and you want a tight stop loss
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  • #51,523
  • Nov 13, 2024 4:04pm Nov 13, 2024 4:04pm
1 stoploss triggered, moved the stoploss higher and added another order.
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  • #51,524
  • Nov 13, 2024 4:18pm Nov 13, 2024 4:18pm
gold - daily candle
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  • #51,525
  • Nov 13, 2024 5:23pm Nov 13, 2024 5:23pm
Quoting Azen
1 stoploss triggered, moved the stoploss higher and added another order. {image}
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  • #51,526
  • Nov 13, 2024 5:36pm Nov 13, 2024 5:36pm
what happened to gold their 1min drop from 2580 to 2570! Not complaining though.
  • #51,527
  • Nov 13, 2024 5:37pm Nov 13, 2024 5:37pm
Wtf just happened
  • #51,528
  • Nov 13, 2024 5:39pm Nov 13, 2024 5:39pm
Quoting Danoli
Wtf just happened
I'm wondering also, I don't see any major news happening right now.
  • #51,529
  • Nov 13, 2024 5:39pm Nov 13, 2024 5:39pm
581 to 569 in a second
  • #51,530
  • Nov 13, 2024 5:44pm Nov 13, 2024 5:44pm
Quoting Danoli
581 to 569 in a second
Crazy because so many people bought around 2580 and probably stuck now. Hope they are able to get out.

Gold moving really scary now lol.
  • #51,531
  • Nov 13, 2024 5:46pm Nov 13, 2024 5:46pm
Quoting Amcarter317
{quote} I'm wondering also, I don't see any major news happening right now.
If you analyze the market, you will actually realize that the news discussion is just a game that most of the time happens in the direction of the public's expectations - but sometimes a session gets tired of a trend and wants to turn the market faster, so it tries to reach the bottom of the trend faster. until the market reverses
Fundamental in the technical direction
Just love God and work hard in what you want, then your wishes will come tr
  • #51,532
  • Nov 13, 2024 5:50pm Nov 13, 2024 5:50pm
Quoting ya30ien
{quote} If you analyze the market, you will actually realize that the news discussion is just a game that most of the time happens in the direction of the public's expectations - but sometimes a session gets tired of a trend and wants to turn the market faster, so it tries to reach the bottom of the trend faster. until the market reverses Fundamental in the technical direction
yeah. it doesn't matter anymore after the move, only for academic discussion.
  • #51,533
  • Nov 13, 2024 5:50pm Nov 13, 2024 5:50pm
Quoting Haks
{quote} Crazy because so many people bought around 2580 and probably stuck now. Hope they are able to get out. Gold moving really scary now lol.
Yeah, I don't trade the hour after rollover, but its generally superduper chill.
I'm guessing it was something to do with Bullock speaking.
  • #51,534
  • Nov 13, 2024 5:56pm Nov 13, 2024 5:56pm
Quoting Neowarcloud
{quote} Yeah, I don't trade the hour after rollover, but its generally superduper chill. I'm guessing it was something to do with Bullock speaking.
I don’t think so. Plus Bullock has nothing to do with the US. Could have been due to anything.

Genuinely one of the few times I’m actually scared to touch gold I won’t be going anywhere near it until all this is dusted and settled.
  • #51,535
  • Nov 13, 2024 6:00pm Nov 13, 2024 6:00pm
Quoting goldru
what happened to gold their 1min drop from 2580 to 2570! Not complaining though.
Just the usual volatility when the session starts, I was like WTF, 100pips is crazy
  • #51,536
  • Nov 13, 2024 7:13pm Nov 13, 2024 7:13pm
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based on D1 candle next target 2547 - 2559
  • #51,537
  • Nov 13, 2024 7:18pm Nov 13, 2024 7:18pm
Quoting suluah
{image} based on D1 candle next target 2547 - 2559
So you are already selling now because of that targets?
  • #51,538
  • Nov 13, 2024 7:27pm Nov 13, 2024 7:27pm
Quoting Azen
{quote} So you are already selling now because of that targets?
already took profit last NY session, but this morning I see it has not shown any signs of reversal
  • #51,539
  • Nov 13, 2024 7:28pm Nov 13, 2024 7:28pm
Quoting suluah
{quote} already took profit last NY session, but this morning I see it has not shown any signs of reversal
You will sell again because the targets were not reached yet?
  • #51,540
  • Nov 13, 2024 7:34pm Nov 13, 2024 7:34pm
Quoting Azen
{quote} You will sell again because the targets were not reached yet?
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that's the plan, i'll wait a bit longer for the price to touch 2570 - 2572
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