No attacks just gold trades/analysis

Quoting mloistianto

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Hi, I am selling now @ 4619. SL@ 4630, Cheers

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Quoting canyouu

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Still not good time to buy

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Quoting canyouu

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{quote} A buy at 4617-12, sl at4597, this is a buy and hold so try and get entry after market opens {image}

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Quoting canyouu

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{quote} Good to buy but I wouldn't be able to update because it's midnight here, I just woke up but I will sleep again soon. {image}

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Quoting mloistianto

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Yes i agree this is a good buy. Lets buy @4610. SL 4595 cheers

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Quoting canyouu

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{quote} How price closed by 1am UTC it can make gold push down further to maybe 4600-4595 before the buy maybe but you can still hold buy if you bought already but you are yet to buy then wait for the next 30 minutes to an hour {image}

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Quoting mloistianto

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{quote} AH SL Hit. Will Look for a sell soon Sell @4596. Cheers

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Quoting canyouu

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{quote} From what I'm seeing market has obeyed yesterday data because it was very good for USD and now technically we are likely going to sell more and a good confirmation will be by 12pm UTC but it looks like we are going to sell more so let prepare for more sells as we wait for confirmation by 12pm, it'll be best to stay out and wait for few hours before taking a trade because any direction is now possible

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Quoting canyouu

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{quote} Bears won already and from the look of things this could be a long sell for some days but no better sell entry and mind you the real or ideal sell will start from afternoon time or tomorrow going if this is a good sell, so don't rush that you're missing out .

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Quoting mloistianto

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{quote} I Got hit SL @ 4606, but i resell again @ 4613. Cheers

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Quoting canyouu

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{quote} A sell at 4615-20, sl at 4635, sell and hold and if we are able to close below 4575 then more sells {image}

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Quoting mloistianto

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Hi, Great analysis, but my take for this one is seems a bit more to upside, i am thinking a bit risky to take sell at this point, just my two cents. Also to add, maybe consider selling around 4620-4630 area is much safer, because its near to the top ceiling. again just sharing my opinion. Cheers.

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Quoting canyouu

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{quote} if it moves to 4630 -35 then chances of selling will be close to negligible and buying more is not confirmed until it disobeys the sell

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Quoting mloistianto

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{quote} Great discussion, then i suppose i should wait for now, i am not keen on bear at this point of time, but who knows, its better to stay on the safe side for now, but if i must pick, i still prefer to buy now than sell, But staying aside for now, Thanks mate, Cheers

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Quoting canyouu

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{quote} i already explained that sometimes these sell signals are not further sells or long term sells but a retracement to create a minor low which has been created already from yesterday to this dawn and bulls could take over any moment but it hasn't showed more buys and I will know it was just a minor retracement if it disobeys this sell so let wait because if it becomes bullish completely or again i will update but for now I will still hold sells, losing is also part of this business

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Quoting canyouu

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{quote} what I have come to realize is market can make decision just 5-10 minutes to the closing price

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Quoting canyouu

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{quote} A sell at 4615-20, sl at 4635, sell and hold and if we are able to close below 4575 then more sells, what sometimes is a bit scary is the sells signals could just be the retracement on a higher time frame that already occurred but we will still sell because you will never know if it was just a minor retracement or major retracement/change of trend till it obeys or disobeys a zone and if you don't sell at 4615-20 you would miss a great move if it's an impending change of trend {image}

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