Gold with No Drama

there is a could be assumption in play, however NFP more than likely not coming out today so no real movement to be expected however there is some data later that could shift things around and not covered by the Shitdown

is it recommended to buy at 3806 if the price reaches there or no?

Emas in H1 and h4 will faill but it is life...

I have nothing there that indicates a possible buy, at 3783 zone is a diferent story....

No expectation at this shit hole :3 come on everyone, let liquiditate your money!!!! Market is calling for it

Ya, is in and out at London...
No losses so.
And i will try it again... One time will break.

There is no confirmation, so no entry. 80% wait 20% trade.

i am out of trade now

Bulls will push price up more so expect more buys, bears couldn't push price down.
Still expecting more buys, unless news is too good for USD

Are we still on the same scenario, sell at 3877.4 ? or we need a confirmation for it? Also I wonder what could be the TP, 3839 or 3818 ?

Check the calendar, I am seeing US services PMI at 945 est

If price reaches 3806, I’d wait for confirmation before buying. Entering blindly at that level could be risky unless the setup shows strong support or bullish signals. if 3806 will not be hold then more down, still there are less chances for 3806 but who knows

Might be possible but ideally we need a proper confirmation before entering. Yes If it plays out, first TP can be around 3839 and extended TP toward 3818 depending on momentum otherwise it can retest yesterday high and if hold then more up

Okay you must have missed a key point..

Ill break it down which is very important for everyone trading gold to be aware of ..

I am using Market EventTime which is GMT and my time zone is Time GMT+3 FIXED so..

 

1. Sydney Market Open - 22:00 GMT - 01:00 AM Start of the week (Sunday night going into Monday).
2. Tokyo Market Open - 00:00 GMT - 03:00 AM
3. Frankfurt Market Open - 06:00 GMT - 09:00 AM
4. London Market Open0 7:00 GMT - 10:00 AM
5. London AM LBMA Fix10:30 GMT - 1:30 PM
6. New York Pre-Market (Futures/Equities)12:00 GMT - 3:00 PM
7. COMEX Futures Open13:20 GMT - 4:20 PM
8. London PM LBMA Fix15:00 GMT- 6:00 PM
9. London Session Close16:30 GMT -7:30 PM

What these times mean ??

 

1. Sydney & Tokyo = low liquidity and cleaner technical levels.
2. Frankfurt–London open = huge volume surge one needs to watch for stop hunts.
3. London Fixes (AM & PM) = institutional price-setting, gold benchmarks for contracts and settlements.
4. NY Pre-market COMEX open = biggest volatility window of the day.
5. London close = second volatility pocket, often produces reversals.

One more important thing that traders forget.. TIMEZONES and thats where they get missed out. Many in here track NY times or time zones.. you need to watch your TERMINAL BROKER TIME vs Actual Time Zone shifts this is where many traders get trapped:

1. Daylight Saving Time (DST) shifts in U.S. and Europe.
2. Broker server times (most MT4/MT5 brokers run GMT+2 / GMT+3)

Below are their schedules which are often overlooked by traders..

United States (New York / COMEX)

1. DST Starts: Second Sunday of March where clocks move +1 hour forward.
2. DST Ends: First Sunday of Novemberwhere clocks move -1 hour back. (this is event is coming soon..)

Effect:

1. COMEX open (normally 13:20 GMT) which shifts to 12:20 GMT during U.S. DST.
2. New York pre-market (normally 12:00 GMT) which shifts to 11:00 GMT during U.S. DST.

Europe (London / Frankfurt / LBMA)

1. DST Starts: Last Sunday of March where clocks move +1 hour forward.
2. DST Ends: Last Sunday of October where clocks move -1 hour back.

Effect:

1. London open (normally 07:00 GMT) which now becomes 06:00 GMT during European DST.
2. Frankfurt open (normally 06:00 GMT) which now becomes 05:00 GMT during European DST.
3. LBMA AM Fix (normally 10:30 GMT) which now becomes 09:30 GMT in DST.
4. LBMA PM Fix (normally 15:00 GMT) which now becomes 14:00 GMT in DST.

NOW THE MOST IMPORTANT

Asia (Sydney & Tokyo)

1. Tokyo THERE IS NO DST (ALWAYS STABLE).
2. Sydney which is right where your markets open and because of summer and winters in the south are different, DST in October to April Australia & New Zealand.
   1. Sydney open (normally 22:00 GMT) which becomes 21:00 GMT in Australian DST.

So, between October–April, Sydney leads into Tokyo one hour earlier than usual while London, New York, Sydney keep shifting, Tokyo stays fixed on the global clock.

This Matters as Market Manipulation via DST take place and Here is the “game” behind it, especially for gold - XAUUSD

1. Tokyo Fixed, Others Move Tokyo open is always 00:00 GMT. When London & New York shift due to DST, the overlap windows with Tokyo move around. This means technical indicators (like session boxes, ADR, ATR volatility bands etc.. ) suddenly misalign during those months.
   
2. Indicator Misalignment - Many retail traders use indicators coded to broker server time (MT4/MT5). Example: An “Asian session box” indicator might assume Tokyo starts at 2 AM broker time. When DST shifts, that box is now off by an hour so the high/low ranges get miscalculated and this leads to false breakouts and traps and here is where institutions exploit this GAP.

Institutions know retail indicators dont adjust. They trigger stop hunts around “session boxes” that retail traders misplot. A false breakout above the “Asian range” when in reality Tokyo liquidity was already done.

I feel like the NFP is coming...

Ah, if only trading worked based on feelings.

A breakout happened but I will not trade for now. plan to short only for today

Tp all.
3895-3902 resistance
Below 3852 huge move to 3800 possible

Bullish from head to toes..
Im out of this shit.

Its like no brainer for all the longs , they just enter one trade n forget .
Mf has higher returns than S&P500
Bullsh*t doesnt make sense bruh