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  • #55,381
  • Dec 10, 2024 9:03am Dec 10, 2024 9:03am
Gold have all conditions to hit 2711 and fill the Gap. Its was just wick. I don't know when but it seems Will BE on this daily leg.
Caution on sells without signs of it.
Or the day complete his daily range and retrace or better wait for a set up tomorrow.
  • #55,382
  • Dec 10, 2024 9:04am Dec 10, 2024 9:04am
After 9:00 there should be dominancy of bears
  • #55,383
  • Dec 10, 2024 9:12am Dec 10, 2024 9:12am
Quoting ElCampeador
{quote} {image} Pyramiding
Today's resistence 2792
The warrior of good
  • #55,384
  • Dec 10, 2024 9:16am Dec 10, 2024 9:16am
Quoting PatienceFx
{quote} This does not work because when I started she was 50 kg today 90 kg
Don't understand what you mean.
Because i started to give 2678 and had missed my pattern, but it retraces to 50% só i engage. Remember that i also told i was bullish for the day. After that my box playout and also told that if that 1h candle wick a precise price gold had the conditions to fly.
The problem is people afraid of follow the prior daily strengh, following instead strengh and possibilities in lower time frames. That's ok but In a scalp way and low leverage. Do you have any pattern that sign bearish in 4h TF? No! After a daily like yesterday we needs H4 to tell US what to follow. Its was bullish In Ásia. London retraces and engage. Tipical NY is not a retrace but a continuation because the retrace already happen. And is why i always take partials... And don't move stop, breakeven and that's it. Tps are for partials, the rest is reaction a bearish signs if happen and i didn't see One!
  • #55,385
  • Dec 10, 2024 9:16am Dec 10, 2024 9:16am
Quoting ElCampeador
{quote} Today's resistence 2792
ok buddy
reach for the stars
  • #55,386
  • Dec 10, 2024 9:20am Dec 10, 2024 9:20am
Quoting Sillymf
{quote} ok buddy
As funny as his other posts sound, i think he meant 2692 here
  • #55,387
  • Dec 10, 2024 9:21am Dec 10, 2024 9:21am
Quoting Sillymf
{quote} ok buddy
The warrior of good
  • #55,388
  • Dec 10, 2024 9:23am Dec 10, 2024 9:23am
Quoting Cefer
{quote} As funny as his other posts sound, i think he meant 2692 here
It is the furthest it would travel as last resource. 2792
The warrior of good
  • #55,389
  • Dec 10, 2024 9:29am Dec 10, 2024 9:29am
Quoting Deal
{quote} Don't understand what you mean. Because i started to give 2678 and had missed my pattern, but it retraces to 50% só i engage. Remember that i also told i was bullish for the day. After that my box playout and also told that if that 1h candle wick a precise price gold had the conditions to fly. The problem is people afraid of follow the prior daily strengh, following instead strengh and possibilities in lower time frames. That's ok but In a scalp way and low leverage. Do you have any pattern that sign bearish in 4h TF? No! After a daily like...
read your pm but do not share with anyone, you will trade better
  • #55,390
  • Edited 9:43am Dec 10, 2024 9:31am | Edited 9:43am
15 m can began retraces. I am at the phone and can not mesure the wayi do the daily range. But ONLY scalps... Don't use 15m to bias. In a structure perspective is yoo far to choc. Profit Taken, is possible like yesterday.
Edit: by the way... Didn't close my buy totally... I hedge for now. To me we are bullish. Waiting for a new entry tomorrow or for a total close.
  • #55,391
  • Dec 10, 2024 9:34am Dec 10, 2024 9:34am
Quoting Deal
Gold have all conditions to hit 2711 and fill the Gap. Its was just wick. I don't know when but it seems Will BE on this daily leg. Caution on sells without signs of it. Or the day complete his daily range and retrace or better wait for a set up tomorrow.
Agree.. probably tomorrow. Just want to also share to others that be ware of longing this one. Past History shows that a corrective move happens at the end of year then continuation start of next year. Check 2023 and 2022 history.
  • #55,392
  • Dec 10, 2024 9:50am Dec 10, 2024 9:50am
Quoting duksi
{quote} We've seen buyers accumulation in the brief consolidation. A bullish break of the range was expected. Personally, I'm looking at 750 as a good target and looking for sellers to step in at the volume.
I agree,but who knows where the price goes.
Attached Image (click to enlarge)
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  • #55,393
  • Dec 10, 2024 10:14am Dec 10, 2024 10:14am
By my analysis 2688 was the resistance and now 2687-88 are acting support.

Outlook remains bullish. But we'll see

Next Target 2702
  • #55,394
  • Dec 10, 2024 10:30am Dec 10, 2024 10:30am
Quoting Durin
By my analysis 2688 was the resistance and now 2687-88 are acting support. Outlook remains bullish. But we'll see Next Target 2702
I Sold 2688
Learn... Work Hard... Trade Alone
  • #55,395
  • Dec 10, 2024 10:39am Dec 10, 2024 10:39am
Quoting giselle1723
{quote} I agree,but who knows where the price goes. {image}
That is it buddy...nobody knows where the price goes. It is simple probability market, that some edge play out more often in winning than in losing.
You said it well.
Learn... Work Hard... Trade Alone
  • #55,396
  • Dec 10, 2024 10:42am Dec 10, 2024 10:42am
Quoting BiteFX
{quote} I Sold 2688
2694-2696 still could be a target, 1H closing below 2684.5 can be the retracement.
At computer now and it is what my measure give. For now is making support 2684, more precisely in fibo 2684.858.
I will wait for tomorrow so. Is not worth the nex up move to finish my hedge.

Literally is trying to break down 50% of yesterday range with pivot at the open.

With pivot at the low is just 1 more hour candle bull to hit 2694
that also is 75% of yesterday range.
  • #55,397
  • Dec 10, 2024 10:46am Dec 10, 2024 10:46am
Quoting BiteFX
{quote} I Sold 2688
Bailed out by PSL.
Learn... Work Hard... Trade Alone
  • #55,398
  • Dec 10, 2024 10:50am Dec 10, 2024 10:50am
Quoting Deal
{quote} 2694-2696 still could be a target, 1H closing below 2684.5 can be the retracement. At computer now and it is what my measure give. For now is making support 2684, more precisely in fibo 2684.858. I will wait for tomorrow so. Is not worth the nex up move to finish my hedge. Literally is trying to break down 50% of yesterday range with pivot at the open. With pivot at the low is just 1 more hour candle bull to hit 2694 that also is 75% of yesterday range.
I see that 2684 too that if broken, we will have a reversal. Great analysis bro. I will keep those levels in mind
Also, 2695 will probably finish the bull run today. There is still more time.
Learn... Work Hard... Trade Alone
  • #55,399
  • Dec 10, 2024 10:53am Dec 10, 2024 10:53am
Quoting BiteFX
{quote} I see that 2684 too that if broken, we will have a reversal. Great analysis bro. I will keep those levels in mind Also, 2695 will probably finish the bull run today. There is still more time.
2692.980 is also a daily resistance to keep in mind.
  • #55,400
  • Dec 10, 2024 10:55am Dec 10, 2024 10:55am
Targeting 2725 on the LTF. May trigger during the NYC lunch.
More than 120 Sell Limits at 2725
Attached Image (click to enlarge)
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