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  • #54,361
  • Dec 3, 2024 4:27am Dec 3, 2024 4:27am
Quoting ghussain
{image} unable to understand trend, buy/sell/buy/ totally confused, but few green pips are there.
if you see the 4hr chart .. you will have an idea of the trend.. currently they are rebalancing this level or in other words massive consolidation happening .. on a 30 Min if you look left, on same chart .. you will see that the market moved 360+ pips on 21.11.24.. now if you look the last two weeks .. we are working on the same level.. in other words sideways .. they are rebalancing this level..
Candlesticks dont move markets, Volume does
  • #54,362
  • Dec 3, 2024 4:36am Dec 3, 2024 4:36am
Quoting BeeTogether
maybe NYO has a jumper cable
Almost as good (an expression) as Saturday's 4-1.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #54,363
  • Dec 3, 2024 4:40am Dec 3, 2024 4:40am
Trying to scalp gold is tiring especially when its doing nothing, days like today makes me just want to scalp DAX
  • #54,364
  • Dec 3, 2024 4:48am Dec 3, 2024 4:48am
Sellers can't hide forever... They are in their zone. Once they come out, buyers will hit them in every way.
Attached Image (click to enlarge)
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Learn... Work Hard... Trade Alone
  • #54,365
  • Dec 3, 2024 4:49am Dec 3, 2024 4:49am
Quoting Neowarcloud
I don't really see why we wouldn't push higher. The overall fundamental argument bends that way and the chart looks neutral/bullish...sooo yeah that would be my assumption...I suppose it is NFP on Friday...so entire weeks move in a day maybe.
Open Interest is showing it's probably bottomed as well
  • #54,366
  • Dec 3, 2024 4:50am Dec 3, 2024 4:50am
Quoting Neowarcloud
I don't really see why we wouldn't push higher. The overall fundamental argument bends that way and the chart looks neutral/bullish...sooo yeah that would be my assumption...I suppose it is NFP on Friday...so entire weeks move in a day maybe.
not a day .. a session .. by the end of the session
Candlesticks dont move markets, Volume does
  • #54,367
  • Dec 3, 2024 4:57am Dec 3, 2024 4:57am
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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #54,368
  • Dec 3, 2024 5:07am Dec 3, 2024 5:07am
Trying another scalp at 2644 to sell...
I know is danger, but the probabilities are there.
SL 2648 and tp 2627... Win or loose...
  • #54,369
  • Dec 3, 2024 5:32am Dec 3, 2024 5:32am
Quoting saal
GOLD SELL LIMIT 2648 SL : 2652 TP 1 : 2644 TP 2 : 2641 TP 3 : 2638 TP 4 : 2635 TP 4 : open
TP1
Follow my posts to trade smart.

For anyone who is not familiar with this method.
After hitting the first TP, a stop must be advanced to the entry price for all other positions
Success is not final, failure is not fatal... - Winston Churchill
  • #54,370
  • Dec 3, 2024 5:49am Dec 3, 2024 5:49am
I’ve really enjoyed trading gold, it’s been great, highs and lows. But today, today is convincing me to take up knitting
  • #54,371
  • Dec 3, 2024 6:10am Dec 3, 2024 6:10am
Quoting Tradersview-
{quote} Eagerly waiting for ur sl
Success is not final, failure is not fatal... - Winston Churchill
  • #54,372
  • Dec 3, 2024 6:11am Dec 3, 2024 6:11am
Quoting oliverlee
I’ve really enjoyed trading gold, it’s been great, highs and lows. But today, today is convincing me to take up knitting
Its a little dry at the moment NY open could be exciting at least
  • #54,373
  • Dec 3, 2024 6:17am Dec 3, 2024 6:17am
Looks like the wives have been on the phone again
  • #54,374
  • Dec 3, 2024 6:18am Dec 3, 2024 6:18am
Quoting MrFanciful
Looks like the wives have been on the phone again
Candlesticks dont move markets, Volume does
  • #54,375
  • Dec 3, 2024 6:25am Dec 3, 2024 6:25am
Quoting Deal
Trying another scalp at 2644 to sell... I know is danger, but the probabilities are there. SL 2648 and tp 2627... Win or loose...
40% take profit and breakeven... Go bears...
  • #54,376
  • Dec 3, 2024 6:26am Dec 3, 2024 6:26am
Buy o...time to buy
Learn... Work Hard... Trade Alone
  • #54,377
  • Dec 3, 2024 6:27am Dec 3, 2024 6:27am
Quoting Durin
{quote} Its a little dry at the moment NY open could be exciting at least
im just recovering from that wild 3 dollar move we just had, truly sensational
  • #54,378
  • Dec 3, 2024 6:29am Dec 3, 2024 6:29am
waiting for Gold to come near 4h support is tiring at 2622, cuz at this point every dip feel like a trap for the bears
  • #54,379
  • Dec 3, 2024 6:33am Dec 3, 2024 6:33am
Quoting saal
GOLD SELL LIMIT 2648 SL : 2652 TP 1 : 2644 TP 2 : 2641 TP 3 : 2638 TP 4 : 2635 TP 4 : open
TP1
TP2
Follow my posts to trade smart.
Success is not final, failure is not fatal... - Winston Churchill
  • #54,380
  • Dec 3, 2024 6:35am Dec 3, 2024 6:35am
Exhausted...Sell
Attached Image (click to enlarge)
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