Gold with No Drama

Quoting Pip.Sniper

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{quote} that was my analysis, the debate was among investment companies small but managing 3M 5M each doesn't means they are not good. they got to millions because thy are good at what they do. and few days later 4200 got hit didn't expected that. 5020 i saw 4400 when most were looking for 4400-4500 but dear lord Gold makes choppy moves sometimes and hour later it is back at 4400 not bad 200$ extra drop was not bad. . point is i was talking because i saw that was not Arham that was me, wis you all the best, next time try to remember from 3k to 90k...

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Quoting Deal

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We are in an 1h range respecting previous 4h breakout, but looking for the close and open, i would like to see this 4h closing above 4521.855 and not below 4507.930 just for a clue, not necessary i not keep trying buys. We still have hidden demand below, and any breakout lower can be tricky. There are no volatility as the close implied so far... And in a range tight stops are easly eated... Personal opinion. {image}

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Quoting abimalik

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This is how gold looks to me {image}

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Quoting Goldslave

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Monday high...perfectly....as buy area.... Limited range is why we look stuck.... 4529_4600(60) expected.....with Open can invalidated setup Imho

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Quoting abimalik

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{quote} i am out sold @ 4530 and close @ 4503

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Quoting Deal

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I do not want see a 15m closing fully 4490.180 or they can tap 4475.000, this in micro, by 4h sure do not want a close below yesterday close candle in 4h, is where i stay away because price are divergence and like said before can be tricky both sides. There are 2 hidden demands below not see all this move down, is expected one to hold, so is a divergence to me, can be at 4475 or at 4421.485 Resuming, in a range with two setups, is simple stay away... Unless we see average this 1h candle, the most likely to happen keeping lower...

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Quoting Deal

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We stoped in this 1h in the previous range breakout 50% we can go lower, but i am not seeing getting out of the range either... Instead of waiting for a rejection of my levels, i had should sell the breakouts, but stick to the plan...

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Quoting jessetoye

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{quote} I’m cautious here. I don't want to see a 15m candle close fully below 4490.18, though a tap of 4475 is possible. More importantly, I’ll stay sidelined if the 4h candle closes below yesterday's close. We're seeing divergence, making both sides risky. While there are two 'hidden demand' zones (4475 and 4421.48) that should technically hold, the market is currently range-bound with conflicting setups. Unless this 1h candle shows some recovery, the downward momentum will likely continue

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