Attachments: Gold with No Drama

Gold with No Drama

#49,261
May 7, 2026 7:16am May 7, 2026 7:16am

taimoor888
| Joined May 2025 | Status: Trader | 26 Posts

like seems first tap 4751 then next candle confirmation with volume
is reversal or breakout if reversal pure red candle 5m with good volume then we have sell opportunity

#49,262
May 7, 2026 7:18am May 7, 2026 7:18am

taimoor888
| Joined May 2025 | Status: Trader | 26 Posts

Quoting Traderview

Disliked

i do not expect a reversal for today but for tomorrow. If the prices make any new highs today, probably touching 4780, i'll start to sell these area. 4750 - 4800 all are good place to sell. What interesting would be that, whether sells going to start early before the NFP or after the NFP.

Ignored

5;30pm news
may be fake breakout see

#49,263
May 7, 2026 7:20am May 7, 2026 7:20am

freakanks
| Joined Aug 2025 | Status: Trader | 4 Posts

Silver going bersek !!

#49,264
May 7, 2026 7:25am May 7, 2026 7:25am

bolade
| Joined Jun 2008 | Status: Trader | 108 Posts

Quoting Traderview

Disliked

i do not expect a reversal for today but for tomorrow. If the prices make any new highs today, probably touching 4780, i'll start to sell these area. 4750 - 4800 all are good place to sell. What interesting would be that, whether sells going to start early before the NFP or after the NFP.

Ignored

there's going to be a reversal today. price won't close above 4730's.

#49,265
May 7, 2026 7:32am May 7, 2026 7:32am

d1zzy
Joined Jul 2023 | Status: Trader | 1,484 Posts

Price priced in the labor data real quick XD, still a bit dangerous to long here though will wait for session open and the orb to print.

Trade safe yall, not a good day to be married to your bias

#49,266
May 7, 2026 7:39am May 7, 2026 7:39am

Traderview
Joined Sep 2017 | Status: Trader | 4,492 Posts

Quoting bolade

Disliked

{quote} there's going to be a reversal today. price won't close above 4730's.

Ignored

highly unlikely.

#49,267
May 7, 2026 7:41am May 7, 2026 7:41am

fxpider
Joined Nov 2012 | Status: Naked Chart Samurai | 3,472 Posts

Quoting PatienceFx

Disliked

{image}

Ignored

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Success = Practice + Patience + Persistence

#49,268
May 7, 2026 7:44am May 7, 2026 7:44am

d1zzy
Joined Jul 2023 | Status: Trader | 1,484 Posts

I’d guess we get a play like this, but since labor data beat expectations there might be a lot of selling action at the open could get discount buys today, gotta wait ig

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#49,269
May 7, 2026 7:46am May 7, 2026 7:46am

Baldingcorps
| Joined Mar 2026 | Status: Trader | 118 Posts | Online Now

Quoting freakanks

Disliked

Silver going bersek !!

Ignored

It normally lags behind gold. Institutions run to gold first
Gold was 6k pips above previous 4hr high yesertday silver barely cleared it

#49,270
May 7, 2026 7:47am May 7, 2026 7:47am

bolade
| Joined Jun 2008 | Status: Trader | 108 Posts

Quoting Traderview

Disliked

{quote} highly unlikely.

Ignored

NY will test london high and, if possible, todays low
.

#49,271
May 7, 2026 7:49am May 7, 2026 7:49am

d1zzy
Joined Jul 2023 | Status: Trader | 1,484 Posts

Quoting bolade

Disliked

{quote} there's going to be a reversal today. price won't close above 4730's.

Ignored

Why not drop a chart illustrating your idea instead of putting out blank statements lol

#49,272
May 7, 2026 8:02am May 7, 2026 8:02am

Richiiee
| Joined May 2026 | Status: Trader | 2 Posts | Online Now

And guess where the h1 candle closed now

#49,273
May 7, 2026 8:04am May 7, 2026 8:04am

crawlingham
| Joined Apr 2026 | Status: Trader | 63 Posts

Quoting maldinidp

Disliked

{quote} well well well, its above 4730 now

Ignored

or is it?

#49,274
May 7, 2026 8:11am May 7, 2026 8:11am

AmorphousTr
Joined Mar 2026 | Status: Trader | 78 Posts

Gold Analysis:
Gold is currently reacting around a key resistance zone after a strong bullish move. Price has tapped into the upper area and is showing signs of rejection.
The previous support level is now acting as resistance, and this zone aligns with the Fibonacci retracement levels, making it a strong reaction area.
I am expecting a pullback from this zone, as sellers are likely to step in here.
Sell Idea:
Entry: Around 4745–4750
SL: Above 4757
TP: 4724
The setup is already playing out, with price moving around +100 pips in profit so far.

This setup offers a clean risk-to-reward opportunity, and the reaction from this level looks promising.
Let’s see how price reacts.

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#49,275
May 7, 2026 8:15am May 7, 2026 8:15am

thevine0
| Joined Feb 2026 | Status: Trader | 65 Posts

I want to cry everyone here is saying we are bearish and I am in a buy trade just ate one SL about to tank the other

#49,276
May 7, 2026 8:15am May 7, 2026 8:15am

crawlingham
| Joined Apr 2026 | Status: Trader | 63 Posts

Down 20 dollars already. How delightful

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#49,277
May 7, 2026 8:15am May 7, 2026 8:15am

Majore
| Joined May 2026 | Status: Trader | 1 Post

Quoting d1zzy

Disliked

{quote} Why not drop a chart illustrating your idea instead of putting out blank statements lol

Ignored

Real talk

#49,278
May 7, 2026 8:18am May 7, 2026 8:18am

Kaworuu
| Joined Oct 2025 | Status: Trader | 3 Posts

Quoting crawlingham

Disliked

Down 20 dollars already. How delightful {image}

Ignored

Are you trading gold in the 1 minute??

#49,279
May 7, 2026 8:21am May 7, 2026 8:21am

crawlingham
| Joined Apr 2026 | Status: Trader | 63 Posts

Quoting Kaworuu

Disliked

{quote} Are you trading gold in the 1 minute??

Ignored

I enter off 5 minute. 1 minute changes too much for me. I look at daily, 4h, 1h and 5 minute.

#49,280
May 7, 2026 8:22am May 7, 2026 8:22am

crawlingham
| Joined Apr 2026 | Status: Trader | 63 Posts

Quoting thevine0

Disliked

I want to cry everyone here is saying we are bearish and I am in a buy trade just ate one SL about to tank the other

Ignored

if you didnt get wicked out you should be in profit again yeah?