Gold | Page 2788 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #55,741
  • Dec 11, 2024 9:15pm Dec 11, 2024 9:15pm
For bull side we rejected 4H and daily POC is a good sign too, normally plays out like a good block to buy, if breaks means a shift, but like i said my patterns are not in agreement
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_13.png Size: 8 KB
  • #55,742
  • Dec 11, 2024 9:17pm Dec 11, 2024 9:17pm
2705 purchased for 2755
  • #55,743
  • Dec 11, 2024 9:47pm Dec 11, 2024 9:47pm
To even think about buying and with only a quarter of the position I need to see the price in yellow have a 15m candle close above and enter the POI retest.
But remember the safe way is breaking the daily high again, is why i will using 1 quarter.
I think it will retest the red box again and it's also why the stop goes below the white box.
This is the plan for now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_14.png Size: 20 KB
  • #55,744
  • Dec 11, 2024 9:58pm Dec 11, 2024 9:58pm
Quoting fxcontest
Asian Shockwave {image}
TP All

Now Buy 2709 - 2710
Holy Betting Grail strategy
  • #55,745
  • Dec 11, 2024 10:16pm Dec 11, 2024 10:16pm
Quoting Elliottway
The market is currently at 2721, and it is expected to find support around 2703. A buy position will be entered at that level to capture the trend, according to the 5-minute chart.
The support level at 2703 has been identified, triggering the start of an uptrend. As a result, buy signals have been activated, and the price is expected to move towards the upcoming targets.
SURFER
  • #55,746
  • Dec 11, 2024 10:21pm Dec 11, 2024 10:21pm
I can acept the buys too, but i don't be surprise that first it swipe 2703.780
But just a guess...
  • #55,747
  • Dec 11, 2024 10:23pm Dec 11, 2024 10:23pm
Quoting Elliottway
{quote} The support level at 2703 has been identified, triggering the start of an uptrend. As a result, buy signals have been activated, and the price is expected to move towards the upcoming targets.
start of an uptrend?
  • #55,748
  • Dec 11, 2024 10:32pm Dec 11, 2024 10:32pm
Quoting Whale
{quote} start of an uptrend?
I think so, but caution...
Small buy for now, waiting to enter with more at lower price.
  • #55,749
  • Dec 11, 2024 10:41pm Dec 11, 2024 10:41pm
It seems Golden Day due to geopolitical tension, restart of Chinese gold deals and PPIs. I trade based on whats going on
Alhamdulellah
  • #55,750
  • Dec 11, 2024 10:48pm Dec 11, 2024 10:48pm
Quoting Whale
{quote} start of an uptrend?
The daily chart may not show an uptrend, the monthly chart reveals strong bullish potential. Every support level plays a critical role in confirming the broader trend, with the 2549 support being especially significant. At present, the market is working to clear out retail traders' positions on the downside. Once this is completed, a more stable and orderly price drop is expected. Until then, the price is likely to rise. The 2688 level serves as a key resistance, which could trigger a downward movement. However, if retail traders continue to hold their sell positions at this level, it would be unwise. Once they give up, we could see a rapid and significant decline. Until then, the price will continue to rise, what some may call an uptrend, based on their experience and beliefs. This situation transcends technical and fundamental analysis. it is rooted in statistical and behavioral patterns, revealing a "dark secret" of market dynamics.
SURFER
  • #55,751
  • Dec 11, 2024 10:55pm Dec 11, 2024 10:55pm
Gold is over bought and soon will see a deep fall.
  • #55,752
  • Dec 11, 2024 10:57pm Dec 11, 2024 10:57pm
Quoting Elliottway
{quote} The daily chart may not show an uptrend, the monthly chart reveals strong bullish potential. Every support level plays a critical role in confirming the broader trend, with the 2549 support being especially significant. At present, the market is working to clear out retail traders' positions on the downside. Once this is completed, a more stable and orderly price drop is expected. Until then, the price is likely to rise. The 2688 level serves as a key resistance, which could trigger a downward movement. However, if retail traders continue...
my point was we are on an uptrend more than a year.. for time to time we saw a big push down but without any base below important low..

Anyway, i follow 4h and above.
Both on a critical level like it was last time we met 2720 and it open a sell off.
Im expect aggressive move soon
  • #55,753
  • Dec 11, 2024 11:11pm Dec 11, 2024 11:11pm
Anyone else's broker still got shocking wide spread on Gold? Spread is now 60 points
  • #55,754
  • Dec 11, 2024 11:16pm Dec 11, 2024 11:16pm
Quoting Bizziebee
Anyone else's broker still got shocking wide spread on Gold? Spread is now 60 points
30 points for me, seems normal for now
  • #55,755
  • Dec 11, 2024 11:19pm Dec 11, 2024 11:19pm
Quoting Bizziebee
Anyone else's broker still got shocking wide spread on Gold? Spread is now 60 points
Vantage: still 24 (same as yesterday).
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #55,756
  • Dec 11, 2024 11:22pm Dec 11, 2024 11:22pm
Took +130 pips on that retraction overnight.

too busy snoozing to get in on the buy from 2700 zone, now I wait to see if it pushes past 2721.

however, this is exactly what I did last time and next thing I knew price was at 2666
  • #55,757
  • Dec 11, 2024 11:23pm Dec 11, 2024 11:23pm
Quoting Whale
{quote} my point was we are on an uptrend more than a year.. for time to time we saw a big push down but without any base below important low.. Anyway, i follow 4h and above. Both on a critical level like it was last time we met 2720 and it open a sell off. Im expect aggressive move soon
I've been struggling to find proper answers and evidence for the issue I’m facing, particularly with untested levels due to higher time frames. I can usually manage to achieve a 50% to 60% increase by breaking key levels, but it often feels more like gambling. When I trade on smaller time frames, such as below 1 hour, it seems easier to capture the moves. But, especially when I see big red candles. The temptation to act on these moves and turn them into profits is strong. However, I believe I can maintain control over my strategy by focusing on key buying/selling prices and aligning them with daily, weekly, and monthly Higher Highs (HH) and Lower Lows (LL). My strategy has proven solid in identifying these levels, which gives me confidence in its effectiveness.
SURFER
  • #55,758
  • Dec 11, 2024 11:40pm Dec 11, 2024 11:40pm
Quoting Bizziebee
Anyone else's broker still got shocking wide spread on Gold? Spread is now 60 points
yup it’s nuts
  • #55,759
  • Dec 11, 2024 11:40pm Dec 11, 2024 11:40pm
Sell 2715 SL 2725
Sell 2713 SL 2723
Learn... Work Hard... Trade Alone
  • #55,760
  • Dec 11, 2024 11:45pm Dec 11, 2024 11:45pm
Going to sleep...
Listen up....
Will be a messy day...
And is Thursday if anyone is wrong forget recoverys... Price will not wait...
196 traders viewing now, 1 is registered:
Fdxb