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  • #56,701
  • Dec 18, 2024 10:51am Dec 18, 2024 10:51am
According to me the market will go downwards
TP 2622
TP 2604
Waiting For Buy
  • #56,702
  • Dec 18, 2024 10:53am Dec 18, 2024 10:53am
Luckily, until now gold has been moving as planned. But don't bet on the news. We should ask ourselves, everyone know where lies the supply and demand and yet they push price move anyway, regardless upcoming one last big news of the year. Any entries made before news have very high probability getting backfire hard. SL definitely require
  • #56,703
  • Dec 18, 2024 10:59am Dec 18, 2024 10:59am
Price rejected the EQ of the first weekly December.
This is not random guys.
Retest twice an weekly open that has beem follow through, this price as meaning.

2630 maybe!

EDIT: 2631
  • #56,704
  • Dec 18, 2024 10:59am Dec 18, 2024 10:59am
Quoting controller
According to me the market will go downwards TP 2622 TP 2604 Waiting For Buy
Kindly share what you saw that made you come to that conclusion... So that we all can learn one or two from you .
Learn... Work Hard... Trade Alone
  • #56,705
  • Dec 18, 2024 11:00am Dec 18, 2024 11:00am
Quoting BeeTogether
{quote} fair enough mate, it’s steadier than GU but has these phantom spikes. will keep TP open for tonight if the rates are cut that should weaken the USD not sure how it will affect the gold market
stopped at be
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  • #56,706
  • Dec 18, 2024 11:13am Dec 18, 2024 11:13am
Quoting ElCampeador
{quote} Probably bottomed at 33 by now. Lets ride this sh&t up
Looks like yesterday's 2633 is the support.
The warrior of good
  • #56,707
  • Dec 18, 2024 11:14am Dec 18, 2024 11:14am
Quoting ElCampeador
{quote} Looks like yesterday's 2633 is the support.
I bet 2631 that is one of my levels and swip yesterday low... Makes more sense.
I have a buy limit there.
  • #56,708
  • Dec 18, 2024 11:16am Dec 18, 2024 11:16am
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Risked is off of the table. Buy out at near S1.
We continue to follow the move down without risk.
Learn... Work Hard... Trade Alone
  • #56,709
  • Dec 18, 2024 11:27am Dec 18, 2024 11:27am
Quoting ElCampeador
{quote} Looks like yesterday's 2633 is the support.
After analising better you are right, is bouncing from the low of the gap that origin the bullish move, that close is strong and important.

Probably looking 2643 again.
  • #56,710
  • Dec 18, 2024 11:35am Dec 18, 2024 11:35am
Gold is hovering near the Day Low with a slight reversal. Last Week's Low is close, and a break below could trigger a bearish move. On the upside, a break above the Day High and Previous Week's High may lead to a bullish rally.
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| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #56,711
  • Dec 18, 2024 11:37am Dec 18, 2024 11:37am
Quoting Azen
Trading is hard. Don't take it lightly. Give it your all like every trade is at full margin, one mistake and it's gone. {image}
Fully agree with you. But it doesn't mean it can't be fun.
For me trading gives me the opportunity to try to make a few nushnush, without having to listen to any "boss", without having to f#cking justify anything at all.
I de-personalize the trading world. No lazy bears or hot bulls for me. It's just me against the whales. Trying to find holes in their (pathetically manipulative) game.
Sometimes I win, sometimes I come second. Two steps up, one step down. Rinsed & repeated.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #56,712
  • Dec 18, 2024 11:38am Dec 18, 2024 11:38am
Today's event with any changes in data could have a significant impact on the price movement. Keep an eye on these key levels for confirmation.
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| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #56,713
  • Dec 18, 2024 11:42am Dec 18, 2024 11:42am
Quoting Lloyd628
{quote} Fully agree with you. But it doesn't mean it can't be fun. For me trading gives me the opportunity to try to make a few nushnush, without having to listen to any "boss", without having to f#cking justify anything at all. I de-personalize the trading world. No lazy bears or hot bulls for me. It's just me against the whales. Trying to find holes in their (pathetically manipulative) game. Sometimes I win, sometimes I come second. Two steps up, one step down. Rinsed & repeated.
Well said! Trading truly is a game of independence and resilience. It’s about finding opportunities, playing smart against the big players, and staying focused. Wins and losses are part of the process—two steps up, one step down, rinse and repeat. That’s the trader’s journey!
| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #56,714
  • Dec 18, 2024 11:44am Dec 18, 2024 11:44am
Quoting Deal
{quote} After analising better you are right, is bouncing from the low of the gap that origin the bullish move, that close is strong and important. Probably looking 2643 again.
Yes.
2643 is important fib level, can expect move.
| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #56,715
  • Dec 18, 2024 11:48am Dec 18, 2024 11:48am
99.9% the rate will decrease to 4.5% what bring dxy down.. not sure how gold react.. maybe fly.ץ first

but later it will fall.. because they will say that the rate will stay for months
  • #56,716
  • Dec 18, 2024 12:10pm Dec 18, 2024 12:10pm
Quoting jiddifx
{quote} Yes. 2643 is important fib level, can expect move.
2641 will be hit at least...
  • #56,717
  • Dec 18, 2024 12:17pm Dec 18, 2024 12:17pm
Attached Image (click to enlarge)
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Price is stabilizing around 2638...we might have a strong move further down.
Learn... Work Hard... Trade Alone
  • #56,718
  • Dec 18, 2024 12:24pm Dec 18, 2024 12:24pm
Quoting BiteFX
{image} Price is stabilizing around 2638...we might have a strong move further down.
it can be 2623 or lower i think...
  • #56,719
  • Dec 18, 2024 12:28pm Dec 18, 2024 12:28pm
Time to Smoke Hashish !
Candlesticks dont move markets, Volume does
  • #56,720
  • Dec 18, 2024 12:43pm Dec 18, 2024 12:43pm
Just a feeling if we take the lows first before FOMC will have a swippe to the open of the day at least.
Don't buy it, just a feeling...
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Timothy098