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  • #61,141
  • Jan 22, 2025 1:24pm Jan 22, 2025 1:24pm
Quoting Maria25
{quote} up and down, shy to touch my breakeven {image}
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  • #61,142
  • Jan 22, 2025 1:48pm Jan 22, 2025 1:48pm
Quoting Maria25
{quote} {image}
It seems like the price is hesitating within this triangle.
The breakout will give us a clear direction.

Are you still short?
  • #61,143
  • Jan 22, 2025 1:54pm Jan 22, 2025 1:54pm
Quoting Eren10
{quote} Isn’t it very strange. Is there someone with huge short postion
wish I could answer them.. but looks to me from last cot report it was 90% institutional longs..
Candlesticks dont move markets, Volume does
  • #61,144
  • Jan 22, 2025 1:54pm Jan 22, 2025 1:54pm
I said very early, market is erratic.
Something is about to happen and 2734 not taped don't make no sense to me.
Don't look at long term or believe in fairy tales.
The same as early on... We can go both sides.
Still bet on bearish because of this fact, if not this week next week.
Then for me the price action is balance.
  • #61,145
  • Jan 22, 2025 1:57pm Jan 22, 2025 1:57pm
Quoting Deal
I said very early, market is erratic. Something is about to happen and 2734 not taped don't make no sense to me. Don't look at long term or believe in fairy tales. The same as early on... We can go both sides. Still bet on bearish because of this fact, if not this week next week. Then for me the price action is balance.
it's Wednesday and side ways range.. asia and LS tommorow is key.. True that something is odd.. and the message make no sense..
Candlesticks dont move markets, Volume does
  • #61,146
  • Jan 22, 2025 2:16pm Jan 22, 2025 2:16pm
I think 80 to 90% on Friday or on Wednesday after the FOMC i believe it will crash down to 2680 at least, but I believe either this Friday or next week till end of Feb we will see a bearish move to even 2596,

What do you think guys ?
  • #61,147
  • Edited 3:11pm Jan 22, 2025 2:45pm | Edited 3:11pm
Quoting Praetorion
{quote} it's Wednesday and side ways range.. asia and LS tommorow is key.. True that something is odd.. and the message make no sense..
We saw great buying force, but at the same time we saw supply that should be respected and it didn't. I'm not going to elaborate too much because it should be respected. After that, we see consolidation? I think we will have one more attempt to bullish and then fall. My problem is that I respect momentum and for those who trade day after day my attention focuses on closes and opens. As every time frame should be followed.
Resuming, if there are time that bias is what daily give, this is one of them.


EDIT: To your coment forget to mention an EQ very strong...

Monthly, weekly and daily... For you have an idea... Yellow line EQ of Monthly support!
See IMG.
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  • #61,148
  • Jan 22, 2025 2:50pm Jan 22, 2025 2:50pm
Quoting luckytujuh
Incoming ath. Next week or 2 more weeks. Few more hours closure. It is the time of the year to look at the charts not from h4 or daily or weekly or monthly. Instead look at 6 months and 1 year chart, because its end year. Be certain. It will cover the gap.
And i qoute this
Trading is very lonely
  • #61,149
  • Jan 22, 2025 2:51pm Jan 22, 2025 2:51pm
Quoting luckytujuh
{quote} Its beginning of the year and end of december. So dont look at monthly chart. Instead look at 6 month chart and 1 year chart. See and tell me what you see. I am rarely wrong
And i qoute this
Trading is very lonely
  • #61,150
  • Jan 22, 2025 2:52pm Jan 22, 2025 2:52pm
Quoting luckytujuh
{quote} Precisely you understand the gaps will fill up. Same goes for wicks. It will fill up in order to tap lows. So from a strong point of view,looking at 1 year chart. It needs to fill the wick and retest the highs. Either retest or break.
And i qoute this
Trading is very lonely
  • #61,151
  • Jan 22, 2025 2:54pm Jan 22, 2025 2:54pm
Quoting luckytujuh
{quote} look at 6 month charts and 1 year chart. after that tell me what u see as long price does not touch 2625. it is still a buy to me. so sell safest would be 2625 sell stop
And i qoute this
Trading is very lonely
  • #61,152
  • Jan 22, 2025 2:55pm Jan 22, 2025 2:55pm
Quoting luckytujuh
{quote} 2693 was already hit. now its certain to hit 2753
And i qoute this
Trading is very lonely
  • #61,153
  • Jan 22, 2025 3:02pm Jan 22, 2025 3:02pm
Please once again. Look at a bigger tf. See what is happening at 3 months 6 months and 1 year chart.

There is liquidity above. And the liquidity is very weak. Price will retest. ATH will happen again.
Price should start dropping from sept 2025 or possibly after 2026

It should now play ranges between 3000-2500, this is from looking at price action from a bigger timeframe bigger than daily or weekly
Trading is very lonely
  • #61,154
  • Jan 22, 2025 3:23pm Jan 22, 2025 3:23pm
Quoting luckytujuh
Please once again. Look at a bigger tf. See what is happening at 3 months 6 months and 1 year chart. There is liquidity above. And the liquidity is very weak. Price will retest. ATH will happen again. Price should start dropping from sept 2025 or possibly after 2026 It should now play ranges between 3000-2500, this is from looking at price action from a bigger timeframe bigger than daily or weekly
If you are going to look beyond the standard chart times in gold you will always have ATH. Gold does not fall from the sky and no one is yet known capable of producing it.
And i am not saying it will not. Just is not the way how to look at charts on Gold.
  • #61,155
  • Jan 22, 2025 3:27pm Jan 22, 2025 3:27pm
Quoting Deal
{quote} If you are going to look beyond the standard chart times in gold you will always have ATH. Gold does not fall from the sky and no one is yet known capable of producing it. And i am not saying it will not. Just is not the way how to look at charts on Gold.
Price action does not lie. Just have a look at 3 months first
Trading is very lonely
  • #61,156
  • Jan 22, 2025 3:31pm Jan 22, 2025 3:31pm
Quoting luckytujuh
{quote} Price action does not lie. Just have a look at 3 months first
And i did, and 6, and 1 year, will go up exponencial in long term.
But again nothing is in a straight line.
I am not saying you are wrong either, but to trade consistent day after day, you can not be bias behond the standard charts.
We can hit next week, this week too... Or not!
  • #61,157
  • Jan 22, 2025 3:40pm Jan 22, 2025 3:40pm
Quoting Deal
{quote} And i did, and 6, and 1 year, will go up exponencial in long term. But again nothing is in a straight line. I am not saying you are wrong either, but to trade consistent day after day, you can not be bias behond the standard charts. We can hit next week, this week too... Or not!
maybe a mid term retracement to 2300-2450?
  • #61,158
  • Jan 22, 2025 3:46pm Jan 22, 2025 3:46pm
Quoting worldbankinc
{quote} UPDATE | XAUUSD Trade Idea 04-2025 hit TP {image} {image}
NEW | XAUUSD Trade Idea 05-2025 just released

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  • #61,159
  • Jan 22, 2025 5:44pm Jan 22, 2025 5:44pm
I believe gold is still bullish. Looking to take Gold buy at 2749.77 SL 2745.77 TP1 2760.26 and leave a runner to 2770.
Not financial advice.
  • #61,160
  • Jan 22, 2025 6:31pm Jan 22, 2025 6:31pm
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Reversal Day.
Still S$
Learn... Work Hard... Trade Alone
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