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Gold (XAU/USD) with BiteFX

  • #261
  • Sep 16, 2025 10:41am Sep 16, 2025 10:41am
Quoting BiteFX
{image} Waiting patiently
Market is now in our zone.
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  • #262
  • Sep 16, 2025 11:32am Sep 16, 2025 11:32am
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  • #263
  • Sep 16, 2025 7:41pm Sep 16, 2025 7:41pm
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  • #264
  • Sep 16, 2025 8:37pm Sep 16, 2025 8:37pm
Quoting BiteFX
{image}
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  • #265
  • Sep 16, 2025 9:05pm Sep 16, 2025 9:05pm
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Hold for now, until market gives us another opportunity to scale in more positions
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  • #266
  • Sep 17, 2025 12:40am Sep 17, 2025 12:40am
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Bears, can we continue this structure? It will be so sweet a ride.
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  • #267
  • Sep 17, 2025 2:37am Sep 17, 2025 2:37am
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Bearish trend established.
Now, we wait for market continuation price, to enable us scale in more positions.
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  • #268
  • Sep 17, 2025 4:19am Sep 17, 2025 4:19am
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  • #269
  • Sep 17, 2025 7:02am Sep 17, 2025 7:02am
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Scale in positions set.
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  • #270
  • Sep 17, 2025 10:39am Sep 17, 2025 10:39am
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Institutional traders what's up?
We are waiting for you.
What's up?
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  • #271
  • Sep 17, 2025 10:42am Sep 17, 2025 10:42am
Quoting BiteFX
{image} Institutional traders what's up? We are waiting for you. What's up?
Bro, rate cut might be factored in already but if JPow comes and says 4.25 then this shoots. Up. Up. And. Away.

Got a nice short from 93 down to 70, was waiting for it to come down more but alas it wasnt the case. saw the 60, but didnt act, wasnt sure of it.

1h15m lil bro. patience.
  • #272
  • Sep 17, 2025 11:33am Sep 17, 2025 11:33am
Quoting daemondeluxe
{quote} Bro, rate cut might be factored in already but if JPow comes and says 4.25 then this shoots. Up. Up. And. Away. Got a nice short from 93 down to 70, was waiting for it to come down more but alas it wasnt the case. saw the 60, but didnt act, wasnt sure of it. 1h15m lil bro. patience.
Exactly bro. If no hawkish statement from Powell, we might go back down. But all the same, we are safe.
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  • #273
  • Sep 17, 2025 11:39am Sep 17, 2025 11:39am
Bearish channel is broken. I am just waiting to see what the price action of the news will be.
Patience, we wait more.
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  • #274
  • Sep 17, 2025 12:22pm Sep 17, 2025 12:22pm
We are back inside the bearish channel. Woooooops
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  • #275
  • Sep 17, 2025 12:29pm Sep 17, 2025 12:29pm
Quoting BiteFX
{quote} Exactly bro. If no hawkish statement from Powell, we might go back down. But all the same, we are safe.
Hello BiteFX, would you please explain how the market might react on the 25bps or 50 bps rate cute. TIA
  • #276
  • Sep 17, 2025 12:40pm Sep 17, 2025 12:40pm
Quoting RedCable
{quote} Hello BiteFX, would you please explain how the market might react on the 25bps or 50 bps rate cute. TIA
I am bearish biased for now. I think the market will fall. But, if I see a buy set up completed after or during the news. I will cut all of my short trades and go Long.
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  • #277
  • Sep 17, 2025 12:47pm Sep 17, 2025 12:47pm
Again, I am a technical trader. Not a fundamental trader. Anything I see on the chart, I trade.
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  • #278
  • Sep 17, 2025 12:52pm Sep 17, 2025 12:52pm
Never risk more than you can't afford to lose on a trade signal. That is the only way to last long in this business.
Up or down, we will follow the market.
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  • #279
  • Sep 17, 2025 1:06pm Sep 17, 2025 1:06pm
See crazy up and down movement. Wheeeeew!
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  • #280
  • Sep 17, 2025 1:07pm Sep 17, 2025 1:07pm
Market will settle down first before I enter again.
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