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  • #88,601
  • Aug 14, 2025 12:49am Aug 14, 2025 12:49am
Hi everyone,
I'm new here.

Just wondering—does anyone see a potential new channel forming between the green and red lines on the chart?
Also, what are your thoughts on the probability of a long move? We've seen a few longs taken recently, so I'm curious if that trend might continue.
Looking forward to hearing your insights!
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  • #88,602
  • Aug 14, 2025 12:54am Aug 14, 2025 12:54am
Quoting ChiForex
Before UK/US crucial data news, Gold is still down on daily, despite yesterday's and today's spikes but ending the day below. Today resistance range that price needs to base below for bears to keep this view is 3361-68 with resistances at ~3375, 3385 and 3398, as you see the possible highs are decreasing compared to before...while supports waiting at ~3338, 3328 and 3313. Remember that on weekly a base below 3357 is essential for bears and below 3310 is great... And here you have the nearby support of today 3313, yet we have tomorrow for the weekly...
UK/EZ GDP numbers? Nah, probably gonna tickle it a bit.

US PPI and CH retails sales for sure yea.

Quoting goldsimp
{quote} UK/EZ GDP numbers? Nah, probably gonna tickle it a bit. US PPI and CH retails sales for sure yea.
But if you gonna trade GBPUSD, careful buying it as it is on a pretty strong Weekly pivot R2.
  • #88,603
  • Aug 14, 2025 1:13am Aug 14, 2025 1:13am
HI, Good morning guys. hope all are doing great.. All the best for fresh green pips today.
SURFER
  • #88,604
  • Aug 14, 2025 1:14am Aug 14, 2025 1:14am
gold - 15min
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  • #88,605
  • Aug 14, 2025 1:15am Aug 14, 2025 1:15am
Quoting Elliottway
HI, Good morning guys. hope all are doing great.. All the best for fresh green pips today.
Hi good morning
  • #88,606
  • Aug 14, 2025 1:32am Aug 14, 2025 1:32am
i decided keep my eyes on silver chart recently..,
and btw, compare with Monday candle, silver made already a fresh High yesterday.., and gold did not even touch 61.8%fib
dolce vita
  • #88,607
  • Aug 14, 2025 1:36am Aug 14, 2025 1:36am
Quoting Hulkisbck
two good books ... {image} {image}
Thanks Hulkisbck!

I will study the books in my free time.
  • #88,608
  • Aug 14, 2025 1:42am Aug 14, 2025 1:42am
Quoting Hulkisbck
two good books ... {image} {image}
Thanks thanks thanks. This is a treasure.
What you can't do is what you don't try.
  • #88,609
  • Aug 14, 2025 1:44am Aug 14, 2025 1:44am
is that gold touch 3350 before go up in LTF
  • #88,610
  • Aug 14, 2025 1:53am Aug 14, 2025 1:53am
buying again
BUY HIGH SELL LOW
  • #88,611
  • Aug 14, 2025 2:01am Aug 14, 2025 2:01am
booked
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  • #88,612
  • Aug 14, 2025 2:02am Aug 14, 2025 2:02am
Quoting Hulkisbck
gold - 15min {image}
gold - 15min ... nice move up from channel support
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  • #88,613
  • Aug 14, 2025 2:04am Aug 14, 2025 2:04am
Quoting Hulkisbck
gold - 15min {image}
i am with you from 3356
  • #88,614
  • Aug 14, 2025 2:06am Aug 14, 2025 2:06am
Quoting abimalik
{quote} i am with you from 3356
ok, move SL 3359 and hold it
  • #88,615
  • Aug 14, 2025 2:12am Aug 14, 2025 2:12am
Quoting PatienceFx
booked {image}
pls at what price i can't see the image very clearly
  • #88,616
  • Aug 14, 2025 2:22am Aug 14, 2025 2:22am
Quoting Bulliq786
Gold’s been coiling up nicely on the weekly chart, forming a clean symmetrical triangle after that big run-up. We’re sitting just under the 3400 mark, and it feels like a breakout could be around the corner. If it pops above 3450 with some volume, we might be looking at a push toward 3850. But if it slips below 3200, things could get shaky. Either way, this looks like one of those moments where the best trades come from patience and timing. {image}
The lower Trendline does not touch any valid point made from price, which invalidates that triangle.
No more engagement as from today.
  • #88,617
  • Aug 14, 2025 2:23am Aug 14, 2025 2:23am
Quoting thebigshot
{quote} The lower Trendline does not touch any valid point made from price, which invalidates that triangle.
Still a great shape though.

That's my favorite kind of triangle.
  • #88,618
  • Aug 14, 2025 2:24am Aug 14, 2025 2:24am
I am new, would anyone help me in taking a trade of gold .is go up or down
  • #88,619
  • Aug 14, 2025 2:24am Aug 14, 2025 2:24am
Quoting goldsimp
{quote} Still a great shape though. That's my favorite kind of triangle.
It may be a perfect traingle, and still dont work out??
No more engagement as from today.
  • #88,620
  • Aug 14, 2025 2:26am Aug 14, 2025 2:26am
Quoting thebigshot
{quote} It may be a perfect traingle, and still dont work out??
I mean yea it's great shape.

But for me, the perfect one would be the equilateral version.
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