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  • #61,921
  • Jan 27, 2025 10:24am Jan 27, 2025 10:24am
Quoting Xauusdscalpr
Another buy taken at 2740.25
Why are you buying here? You were telling me I'm wrong all day now you're buying?
  • #61,922
  • Jan 27, 2025 10:26am Jan 27, 2025 10:26am
Quoting Commodities
{quote} Why are you buying here? You were telling me I'm wrong all day now you're buying?
Because its made its move down, a retracement up is due, even to 2750
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  • #61,923
  • Jan 27, 2025 10:29am Jan 27, 2025 10:29am
Quoting Xauusdscalpr
Another buy taken at 2740.25
How far do you think it will go up?
  • #61,924
  • Jan 27, 2025 10:31am Jan 27, 2025 10:31am
Next for sellers 2730_31
edit:
Sl 2773
A little beginner trader since 2006
  • #61,925
  • Jan 27, 2025 10:31am Jan 27, 2025 10:31am
Quoting Xauusdscalpr
{quote} Because its made its move down, a retracement up is due, even to 2750 {image}
30m also rejecting
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  • #61,926
  • Jan 27, 2025 10:38am Jan 27, 2025 10:38am
Quoting ICW
{quote} How far do you think it will go up?
2747 would be my thought, depends on where this current 4h candle closes as it is at a very key level - will post an update once it closes
  • #61,927
  • Jan 27, 2025 10:39am Jan 27, 2025 10:39am
Agree, time is right, and Fib level also not too far off for a rebound. A small body candle is everything when trading the H4 and I'm waiting. Was a strange day today.
Two long candles one after the other are a bit unusual.
  • #61,928
  • Jan 27, 2025 10:39am Jan 27, 2025 10:39am
Is a fake retracement now
  • #61,929
  • Jan 27, 2025 10:40am Jan 27, 2025 10:40am
Quoting Xauusdscalpr
Another buy taken at 2740.25
Trade closed, what an absolutely amazing and fun day of trading, I don't know why but watching that drive from 2745 to 2770 and thinking to myself "this isn't right it's not a real move" only to then see it immediately come down just as I had said in the thread has tickled my dopamine receptors in a way I never thought possible.

Another day, another learning experience.
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  • #61,930
  • Jan 27, 2025 10:41am Jan 27, 2025 10:41am
Quoting Xauusdscalpr
{quote} 2747 would be my thought, depends on where this current 4h candle closes as it is at a very key level - will post an update once it closes
Thanks
  • #61,931
  • Jan 27, 2025 10:49am Jan 27, 2025 10:49am
Quoting Xauusdscalpr
Something about this move just doesn't look right, it looks like a massive trap, that 2755 region just hasn't been tested enough {image}
It helps that it touched a previous support now become a resistance, but for a move up like that it needed to have a steeper bottom wick on those hourly candles
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Why? Because in my opinion, the way it came down it was fighting with itself, look how messy that downward move is.

We don't need the same sort of structure on the way down because again, it wasn't a real move - it wasn't strong structure. Strong structure = harder for price to fall/collapse through key levels.
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  • #61,932
  • Jan 27, 2025 10:54am Jan 27, 2025 10:54am
So painful to read anything here.

So much guessing. Guys, dont guess! You'll lose it all. Also most of you cant read basic candlestick patterns like 4h outside bearish bar, which is almost always continuation of a move, happening right now.

Trade what you see and not what you think.
  • #61,933
  • Jan 27, 2025 11:01am Jan 27, 2025 11:01am
Quoting nidhalfx
for me i sell @2760 TP : 2730 frame H4 {image}
for me TP is hit

who followed me with this trade guys ?
  • #61,934
  • Jan 27, 2025 11:02am Jan 27, 2025 11:02am
Next possible Stay but not stop 2713-2708 Area for Gold.Trade Safe Buddies
  • #61,935
  • Jan 27, 2025 11:05am Jan 27, 2025 11:05am
Will reach support soon. Gold should return to 2780
Success is not final, failure is not fatal... - Winston Churchill
  • #61,936
  • Jan 27, 2025 11:08am Jan 27, 2025 11:08am
Quoting mades
So painful to read anything here. So much guessing. Guys, dont guess! You'll lose it all. Also most of you cant read basic candlestick patterns like 4h outside bearish bar, which is almost always continuation of a move, happening right now. Trade what you see and not what you think.
Is that aimed at me? Not a single one of my posts is based on guessing, I post charts with everything I say.
  • #61,937
  • Jan 27, 2025 11:11am Jan 27, 2025 11:11am
gold buy 2733
sl 2719
tp1 2740
tp2 2747
tp3 2754
tp4 2761
tp5 2768
tp6 2775
Success is not final, failure is not fatal... - Winston Churchill
  • #61,938
  • Jan 27, 2025 11:13am Jan 27, 2025 11:13am
there is a strong support @2725 area...

but i'am sure Gold will become bearich next days
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  • #61,939
  • Jan 27, 2025 11:20am Jan 27, 2025 11:20am
I'm not Short anymore, good trades everyone.
All short positions closed.
DAC
  • #61,940
  • Jan 27, 2025 11:23am Jan 27, 2025 11:23am
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