Still bearish on gold until the 4520-4540 region. There are many orders to be collected in that region before a flight back up. So I'm watching the markets
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Disliked{quote} A buy at 4675-70, sl at 4648 and this is a buy and hold because it could reach 4800+ by tomorrow if it doesn't fail, and it will depend on the inflation data that will drop today {image} A buy at 4675-70, sl at 4648 and this is a buy and hold because it could reach 4800+ by tomorrow if it doesn't fail, and it will depend on the inflation data that will drop todayIgnored
Disliked{quote} Market testing 4770 tells me we are still in a bullish market, so it's best to look for buys, no signs of bearishness to me, i will only change bias if it fails to buy today and I don't think it will fail unless CPI comes out good for USD.Ignored
Disliked{quote} Market testing 4770 tells me we are still in a bullish market, so it's best to look for buys, no signs of bearishness to me, i will only change bias if it fails to buy today and I don't think it will fail unless CPI comes out good for USD.Ignored
Disliked{quote} CPI is going to be good bro. The insiders have seen the results already. LOLIgnored
Disliked{quote} A buy at 4675-70, sl at 4648 and this is a buy and hold because it could reach 4800+ by tomorrow if it doesn't fail, and it will depend on the inflation data that will drop today {image} A buy at 4675-70, sl at 4648 and this is a buy and hold because it could reach 4800+ by tomorrow if it doesn't fail, and it will depend on the inflation data that will drop todayIgnored
Disliked{quote} A buy at 4675-70, sl at 4648 and this is a buy and hold because it could reach 4800+ by tomorrow if it doesn't fail, and it will depend on the inflation data that will drop today, Anywhere within 4690-4650 could start the buy and price already hit 4687 which could send price up without coming down but buying from that level could lead to some orders not filled so it would likely go a bit down somewhere around 4675-60 before the ideal buy start and this would probably fill all the major players buy orders before we push up from there{image}...Ignored
Disliked{quote} feels like the part most beginners skip, where do you even start with this properlyIgnored
Disliked{quote} if you don't have big account or don't want to risk much then wait for price at 4675-70 or 4680 but entering around 4690 is for big account or those who can risk more.Ignored
Disliked{quote} Even if you don't get entry today don't worry because we do this almost every day and the best opportunities and entries are yet to comeIgnored
Disliked{quote} If CPI comes out lower or good it will still not sell below 4600 but rather it will buy first to somewhere around 4725 or above to clear the sell liquidity before it starts with sells probably tomorrowIgnored
DislikedThanks for creating a respectful space for everyone. It’s good to have a thread where people can share gold trades and market analysis without negativity. Looking forward to learning from different trading views and improving my understanding of gold market trends.Ignored
Disliked{quote} If CPI comes out lower or good it will still not sell below 4600 but rather it will buy first to somewhere around 4725 or above to clear the sell liquidity before it starts with sells probably tomorrowIgnored
Disliked{quote} When it comes to trading gold, I do not speak with certainty. I speak with probability because gold can mess any analysis up. I just think the less I trade it, the better and I'm never married to a bias.Ignored
DislikedPersonally, the market does not seem clear at the moment, but based on the 4H timeframe, I will be leaning more on sells rather than buys for now. Then I might buy later.Ignored
Disliked{quote} Closed again @4665. Will stay out for now, not really sure on the bull. CheersIgnored