Attachments: Gold with No Drama

Gold with No Drama

#62,221
Jul 10, 4:24am (3 hr ago) Jul 10, 4:24am (3 hr ago)

cubidut
| Joined Jun 2017 | Status: Trader | 359 Posts | Online Now

Quoting Rustinpeace

Disliked

{quote} Volume in XAU is useless. It isn´t a centralized market. You are only seeing the volume of your broker and his liquidity providers. The best approximation is to pay for Chicago data and look to the gold futures .

Ignored

FYI, gold on COMEX/CME is called GC.

Anyway, having data on volume, delta, VWAP, and so on from futures is useless if it's not combined with the ability to read the context of price movements.
I'm still constantly learning how to read this context.

bulls make money, bears make money, pigs get slaughtered

#62,222
Jul 10, 4:27am (3 hr ago) Jul 10, 4:27am (3 hr ago)

Obdyx2
| Joined May 2026 | Status: Trader | 142 Posts | Online Now

PA has now gotten above Fib 38.2 since the London Session began.
So, we are going back up but how far, remains the question

#62,223
Jul 10, 4:28am (3 hr ago) Jul 10, 4:28am (3 hr ago)

avneroi
| Joined Sep 2025 | Status: Trader | 160 Posts | Online Now

Quoting mizi123

Disliked

Me & my Kiki are just waching Gold melting down {image}

Ignored

Love him. I have cats too, they're lovely.

#62,224
Jul 10, 4:28am (3 hr ago) Jul 10, 4:28am (3 hr ago)

Rustinpeace
| Joined Feb 2026 | Status: Trader | 54 Posts | Online Now

Quoting cubidut

Disliked

{quote} FYI, gold on COMEX/CME is called GC.

Ignored

GC1! exactly. If you want the closest.

#62,225
Jul 10, 4:29am (3 hr ago) Jul 10, 4:29am (3 hr ago)

Egidijusbal
| Joined Nov 2025 | Status: Trader | 37 Posts | Online Now

Attached Image (click to enlarge)

Click to Enlarge

Name: XAUUSD_2026-07-10_12-28-49_efcea.png
Size: 57 KB

#62,226
Jul 10, 4:40am (3 hr ago) Jul 10, 4:40am (3 hr ago)

avneroi
| Joined Sep 2025 | Status: Trader | 160 Posts | Online Now

short possss till 4010. MA showing short signs

#62,227
Jul 10, 4:46am (3 hr ago) Jul 10, 4:46am (3 hr ago)

erkkayikc78
| Joined Dec 2024 | Status: Trader | 4 Posts | Online Now

4100 looks strong support and small rejectİon if its stay above it goeas to 4137.

#62,228
Jul 10, 4:53am (3 hr ago) Jul 10, 4:53am (3 hr ago)

przfx
Joined Apr 2025 | Status: Trader | 1,286 Posts

I am kinda expecting selling pressure to continue until at least NY open ...and NY will decide whether we will go down further or back up
I might be wrong

#62,229
Jul 10, 5:01am (3 hr ago) Jul 10, 5:01am (3 hr ago)

BeeTogether
Joined Oct 2020 | Status: Trader | 14,211 Posts | Online Now

Hit SL at b/e. Trying a long to 4120

Insane in the Brain..

#62,230
Jul 10, 5:02am (3 hr ago) Jul 10, 5:02am (3 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,952 Posts | Online Now

Quoting przfx

Disliked

I am kinda expecting selling pressure to continue until at least NY open ...and NY will decide whether we will go down further or back up I might be wrong

Ignored

IMO 4120-30 could be test again before any fall

Patience

#62,231
Jul 10, 5:14am (3 hr ago) Jul 10, 5:14am (3 hr ago)

Alorente
Joined Aug 2011 | Status: Trader | 4,931 Posts

Quoting SibiSh

Disliked

{quote} IMO 4120-30 could be test again before any fall

Ignored

Are you still bearish on Gold and expect it to break under 4000 or have you changed your view?

It would be nice to see your chart analysis, Thanks.

Observation is the path to discovery.

#62,232
Jul 10, 5:16am (2 hr 58 min ago) Jul 10, 5:16am (2 hr 58 min ago)

Muxb7
| Joined Dec 2025 | Status: Trader | 132 Posts | Online Now

Quoting SibiSh

Disliked

{quote} IMO 4120-30 could be test again before any fall

Ignored

agree
maybe 4140-45

#62,233
Jul 10, 5:22am (2 hr 52 min ago) Jul 10, 5:22am (2 hr 52 min ago)

BeeTogether
Joined Oct 2020 | Status: Trader | 14,211 Posts | Online Now

also being fry-day both bears and bulls could get their payday

Insane in the Brain..

#62,234
Jul 10, 5:28am (2 hr 46 min ago) Jul 10, 5:28am (2 hr 46 min ago)

anguis.aureu
| Joined Jun 2026 | Status: Trader | 26 Posts | Online Now

I closed to break even. Will wait for a close above the Ma100 before consider a buy. If there is resistance, I'll catch it on the flip side Sell @ 4100.

#62,235
Jul 10, 5:37am (2 hr 37 min ago) Jul 10, 5:37am (2 hr 37 min ago)

Ahmad.Funded
| Joined May 2026 | Status: Trader | 38 Posts | Online Now

In this trade right now lets see

Attached Image (click to enlarge)

Click to Enlarge

Name: Screenshot 2026-07-10 153538.png
Size: 69 KB

#62,236
Jul 10, 5:43am (2 hr 31 min ago) Jul 10, 5:43am (2 hr 31 min ago)

LittleMoni
| Joined Jan 2026 | Status: Trader | 2 Posts

Base on analysis i was expecting the rejection 4112 before the drawdown trend

#62,237
Jul 10, 5:47am (2 hr 27 min ago) Jul 10, 5:47am (2 hr 27 min ago)

Obdyx2
| Joined May 2026 | Status: Trader | 142 Posts | Online Now

M15 has just closed, saying we are going down.
Just as the bulls were gathering momentum.
So, who do we side: bulls or bears?

#62,238
Jul 10, 5:48am (2 hr 26 min ago) Jul 10, 5:48am (2 hr 26 min ago)

przfx
Joined Apr 2025 | Status: Trader | 1,286 Posts

Quoting SibiSh

Disliked

{quote} IMO 4120-30 could be test again before any fall

Ignored

After seeing m30 formed bullish engulfing, I agree with you

#62,239
Jul 10, 6:02am (2 hr 12 min ago) Jul 10, 6:02am (2 hr 12 min ago)

Obdyx2
| Joined May 2026 | Status: Trader | 142 Posts | Online Now

Why is GU shooting up while Gold is going down. Most times, both go in the same direction.
Any news in the offin?

#62,240
Jul 10, 6:04am (2 hr 10 min ago) Jul 10, 6:04am (2 hr 10 min ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,952 Posts | Online Now

Quoting Alorente

Disliked

{quote} Are you still bearish on Gold and expect it to break under 4000 or have you changed your view? It would be nice to see your chart analysis, Thanks.

Ignored

Nope i did not change my view but as per PA atm i dont think so there will be any big movement ... lets see if volume will be high then we can see.
In the long run i am still bearish till 3300-34 but as per this week and specially today movement i am not lookin any big movement except 1-2 candles and for downward it should move up with volume and need solid rejection from top otherwise if you se the candles in every timeframe you will find very low movement.
Up and down and bcz of this movement i am feeling sleepy lol

Patience