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  • #53,661
  • Nov 27, 2024 2:33am Nov 27, 2024 2:33am
[quote=Tradersview-;15072740]{quote} {quote} Price at daily resistance[/quote]
Good for breakfast
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  • #53,662
  • Nov 27, 2024 2:37am Nov 27, 2024 2:37am
Gold has started moving higher from the $2,605 support area we discussed yesterday. Since today is a pre-holiday session, it's wise to protect any existing positions with a breakeven stop. If you didn't enter yesterday, it might be better to wait, as trading in a thin market carries additional risks
Success is not final, failure is not fatal... - Winston Churchill
  • #53,663
  • Nov 27, 2024 2:44am Nov 27, 2024 2:44am
Quoting ScalaFX
{quote} fat money, time to take some
Perfect, after taking partials and correction Gold will fall more people, now adding one more time to full size positions to maximaze profit, lets go under 2600 and then 2500 cheers
People don't plan to lose. They lose because they don't plan.
  • #53,664
  • Nov 27, 2024 2:49am Nov 27, 2024 2:49am
Bearish divergence.
Confirmed only bellow D
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20241127-094616.png Size: 25 KB
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  • #53,665
  • Nov 27, 2024 2:51am Nov 27, 2024 2:51am
Quoting ghussain
{image} is it will work, bought at 2620 tp1 2647,tp2 2660
tp1 hit, now waiting tp-2
  • #53,666
  • Nov 27, 2024 2:51am Nov 27, 2024 2:51am
Sell 2650$. SL Above 2660$.

Price Going Beyond 2655$ Is A Problem For The Bears.
  • #53,667
  • Nov 27, 2024 2:54am Nov 27, 2024 2:54am
today we have a lots of big news. 2700 is the next supply zone! i tried to short, later closed all with break-even.

2660 could be short term resistance, i will try to take a short.
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  • #53,668
  • Nov 27, 2024 2:55am Nov 27, 2024 2:55am
Quoting ghussain
{quote} tp1 hit, now waiting tp-2
Attached Image (click to enlarge)
Click to Enlarge Name: TP-1.PNG Size: 10 KB
  • #53,669
  • Nov 27, 2024 2:58am Nov 27, 2024 2:58am
Quoting BiteFX
{quote} {quote} Price at daily resistance Good for breakfast
Let me have my lunch
  • #53,670
  • Nov 27, 2024 3:01am Nov 27, 2024 3:01am
Quoting ghussain
{quote} {image}
Nice 1s.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #53,671
  • Nov 27, 2024 3:14am Nov 27, 2024 3:14am
Quoting ScalaFX
{quote} Perfect, after taking partials and correction Gold will fall more people, now adding one more time to full size positions to maximaze profit, lets go under 2600 and then 2500 cheers
I Think The Environment For Another Substantial Drop In The Price Of The Gold Is Present. Peace Talks, Possibility Of No Rate Cut From The Fed In December, The Most Stock Positive And Today Crypto Positive President Of The US. Money Should Be Pouring Into Stocks And Crypto As It Already Is And Gold Should Remain Under Pressure As Situation Isn't As Dire Anymore Or So It Seems.
  • #53,672
  • Nov 27, 2024 3:16am Nov 27, 2024 3:16am
Quoting Dreamy14
{quote} I Think The Environment For Another Substantial Drop In The Price Of The Gold Is Present. Peace Talks, Possibility Of No Rate Cut From The Fed In December, The Most Stock Positive And Today Crypto Positive President Of The US. Money Should Be Pouring Into Stocks And Crypto As It Already Is And Gold Should Remain Under Pressure As Situation Isn't As Dire Anymore.
if this could come true in the next hour or two that would be great, tell all your friends
  • #53,673
  • Nov 27, 2024 3:17am Nov 27, 2024 3:17am
Quoting Deal
{quote} One off the trades close on tp1 the other stop remain on same place for now.
Stop of the second moved to 2644, reversal on the top of 1h channel.
Edit: if close below 2645.800 the 1h TF i Change to sell
  • #53,674
  • Nov 27, 2024 3:21am Nov 27, 2024 3:21am
Quoting Dreamy14
{quote} I Think The Environment For Another Substantial Drop In The Price Of The Gold Is Present. Peace Talks, Possibility Of No Rate Cut From The Fed In December, The Most Stock Positive And Today Crypto Positive President Of The US. Money Should Be Pouring Into Stocks And Crypto As It Already Is And Gold Should Remain Under Pressure As Situation Isn't As Dire Anymore Or So It Seems.
You are right, technicly we have this huge bearish engulf testing right now but probably will hold and take down Gold in my opinion even to 2200 but this is long term trade, will be happy to see 2500 or 2450
People don't plan to lose. They lose because they don't plan.
  • #53,675
  • Nov 27, 2024 3:21am Nov 27, 2024 3:21am
Quoting BiteFX
Bearish divergence. Confirmed only bellow D {image}
moved SL accordingly.
Insane in the Brain..
  • #53,676
  • Nov 27, 2024 3:23am Nov 27, 2024 3:23am
I feel the move up not complete yet. The ceasefire news was priced in on Monday. Before that news the trans was bullish so we still could see 2700 by the end of the week.

a drop below 2640 for me could be a bearish sign. However it’s all down to if it’s a liquidity hunt or not
Insane in the Brain..
  • #53,677
  • Nov 27, 2024 3:27am Nov 27, 2024 3:27am
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  • #53,678
  • Nov 27, 2024 3:32am Nov 27, 2024 3:32am
Quoting BeeTogether
The move up not complete yet. The ceasefire news was priced in on Monday so we still could see 2700 by the end of the week
YOUR POINT IS VALID, CANT IGNORE YESTERDAY DAILY CANDLE, IF TODAY CANDLE IS GREEN, THEN 2770, BUT MOST OF US THINKING TO SELL AT 2650-2660
BUT IT IS EASY TO TOUCH 2667
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  • #53,679
  • Nov 27, 2024 3:33am Nov 27, 2024 3:33am
Quoting BiteFX
{image}
gettibg there.. I took profit at 2650 half of my days target
Insane in the Brain..
  • #53,680
  • Nov 27, 2024 3:35am Nov 27, 2024 3:35am
Quoting ghussain
{quote} YOUR POINT IS VALID, CANT IGNORE YESTERDAY DAILY CANDLE, IF TODAY CANDLE IS GREEN, THEN 2770, BUT MOST OF US THINKING TO SELL AT 2650-2660 BUT IT IS EASY TO TOUCH 2667{image}
Quite possibly too.. maybe a sell now have a tight SL and then see if we can break below the area that BiteFX has marked
Insane in the Brain..
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