Gold with No Drama

Quoting Deal

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You guys do not want be a buyer now without this 4h close above 5139.2 and not touch 5161.8, untill don't close the candle still can close below 5132 and they will reach 5105 instead of 5161, price is exactly at weekly micro buffer 5149.5, everything indicates that daily wants at least reach 5161 i just think is a late entry. Just an opinion. To not be so late is validate the previous daily break in 4h to have probabilities in our side and hope 5139 make the final move to 5161. If we go straight to 5161 in this 4h caution if close with a wick there...

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Quoting alireza8088

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We have a correction up to 5075-5070 ! If it breaks, it will settle in the 5050-5040 area !

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Quoting KJW001

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{quote} It just touch 5165, you think we should still wait for a drop? I’ve got a long open at 5140

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Quoting KJW001

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I didn’t wanna trade metals till March but f*ck it imma risk it for a dam biscuit I opened small long at 5140 for gold & 86 for silver I’ve set SL at tight margin in case of reversal for correction

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Quoting KJW001

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{quote} It just touch 5165, you think we should still wait for a drop? I’ve got a long open at 5140

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Quoting aleena1

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{image}

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Quoting Goldnovice

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{quote} Your trading silver?

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Quoting aleena1

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{image}

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Quoting aleena1

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{image}

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Quoting misheal

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{quote} babe wake up aleena posted a new trade

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Quoting Deal

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{quote} It all depend of 4h now to close. Without that i can not answer, rejecting 5161, most likely will test 5139 with high probability, but 4h close can dictate 5105 too, as long we are between 5161 and 5139 it will 5139 to be tested. We also reject 5169.897 open 1 deviation, is a strong area that one... 2 deviations from open aligns with weekly buffer at 5221. I just can play with 4h is fractal of daily, to read weekly need daily to close and so on. And 1h is averaging price, also tipical movement, because breaks a sensitive price. An average...

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Quoting KJW001

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{quote} so if 4h close below 5161, it could correct to 5105

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Quoting Deal

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{quote} Is indecision this 4h, personally now to go to 5105 4h needs to close below 5132, but a test of 5161 is also possible because it touch that price before go down if close above 5139.182 We are predicting here, no close no good probabilities... Was why i alert at that point to wait for candle close, was near daily median high...

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