Broke my rules, entered the train and made $137, broke the rules again and lost $75 on the retracement. Market almost 2 month lowest, what do you guys think.
- #51,023
- May 19, 2026 9:38am May 19, 2026 9:38am
no trade taken today since nothing aligned with my strategy, had to sit for 2 hours watching price go without me, it takes discipline but remember youd rather end a day with the same amount rather than a loss. happy days for anyone shorting today, you can be done for the week now
no trade taken today since nothing aligned with my strategy, had to sit for 2 hours watching price go without me, it takes discipline but remember youd rather end a day with the same amount rather than a loss. happy days for anyone shorting today, you can be done for the week now
- #51,033
- May 19, 2026 10:29am May 19, 2026 10:29am
- Joined Sep 2017 | Status: Trader | 11,223 Posts | Online Now
Gold is respecting the Fibonacci Golden Zone 4508–4514 as a key resistance area.
As long as price stays below this zone, bearish momentum may continue toward the 4470 target.
Resistance Zone: 4508–4514
Target: 4470
Bias: Bearish
Expectation: Rejection from golden zone → continuation toward daily low
As long as price stays below this zone, bearish momentum may continue toward the 4470 target.
Resistance Zone: 4508–4514 Target: 4470 Bias: Bearish Expectation: Rejection from golden zone → continuation toward daily low
- #51,035
- May 19, 2026 10:30am May 19, 2026 10:30am
- Joined Sep 2017 | Status: Trader | 11,223 Posts | Online Now
- #51,036
- May 19, 2026 10:32am May 19, 2026 10:32am
Ok you are 100% right, gold will go down to 2600, you must be dreaming , can we make a bet? I say the bearish trend is over we are going up towards 7000 - 1000.
{quote} Yes, you are 100% right, but this won't happen now or even this year. Maybe by 2030 we will see those astronomical numbers in gold, and silver may reach 1,000.
