Gold with No Drama

so asia "did" its job and printed DPP missed at 4416th..,
4440th is DeMark's WR1 to be resistance or support for today (?!)..,
DPPs at 4450-59th area..,
WPP at 4384.91 been printed during asia on Monday.., if London or NY would love to print it as well(?!)
today to find out..,

daily range by DeMark's R1&S1
4478.06
4401.22

4440.5 is middle of daily right now
4421.6 is middle of weekly candle

happy trading

H4


imo, gold loves 50% fib.., so 4426.50 can be magnet for today(?) or an trampoline to go for a new high.., or

Price today might reach 4366 and tomorrow lower .

Very nice but you cut off the top of the candles / chart, so I have to ask -

50% of what exactly?

I'm thinking yesterday range but can't see the anchor points.

Thanks.

Above 4402 look for long only to ATH.
below probably 4210

Australia
UK

sorry, wanted more about recent area..,

here it is
H4


"my" fib on last down movement with
4549.94 as High = 100%
4302.78 as Low = 0%

thank you for reading my posts

darling, you are back



buon anno

good morning all

I’m thinking if we break Asia low we could test ~4400 which also coincides with 61,8 Finn from Sunday evening opening

XOXO

The best in the business!

any strategy to trade gold, please help

M15, "myinsidesession"TLs


got everything to start with till news time..,
so, imo, to sell properly = to be back to 4445-60th area.., and can lead to "continue up" of course..,
gonna be interesting day today.., at least i hope so

When it's going up, BUY

When it's going down, SELL

Seems that in London will show respect to 0.382 4.413 level, we may see some liquidity grab with news and gold can test 0.5 4387 level, for today I am bearish completely but like I said 4447 is another level if we see a close above 4447 there is a different story and will change my today’s bias. Asia showed us the range lets see,

NFP tomorrow, if the data is red then we could see a retest of 4500 again with the a higher extension towards 4530 . seems there is a lot of profit taking at the moment despite the geopolitical and dovish Fed

4h fully close yesterday close, for me is still a bearish momentum despite open trend finish.
4447.470 should had been tested and was not so far.
We can see a range around 4440.208 weekly mid point that i talk about yesterday, 4 close below but they didn't test it either, almost but they didn't and this is a daily fight to go to the weekly open above or reverse,.
Monday 9 am Ny candle open that hold the price, the same candle that broke that 50%.
I will not be surprise if we test now this one that broke to downside the same 50% around the level 4447 or at least mirror the move of monday to the close at 4443.615.
I will wait Ny, never like closes that don't follow thru.
I prefer to see where london window break and in Ny use confluence in that price to engage.

The guy with a mustache the size of a motorcycle fork! And he's the defender of a rotten football team! He dislikes anyone who analyzes him ! He even considers himself a civilized European ! It wouldn't be funny if he didn't fall to the ground !

I am bullish still, watching and will close it mannualy if something wrong will occured. First have to break 4436, then 4446, then 4460 then 4475 but still bullish.

3rd day of losing streak... Rather than blame it, treat every loss as a valuable lesson..Sometimes we need a slap from the market to wake us up from our ego