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Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

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Gold with No Drama

  • #66,621
  • Jul 24, 12:17am (5 hr ago) Jul 24, 12:17am (5 hr ago)
Long at 4047 (missed by 4040 as screen glitched) anyway TP around 4080. Then will look to dump if PA suggests. Else we may see 4100.
Insane in the Brain..
  • #66,622
  • Jul 24, 12:17am (5 hr ago) Jul 24, 12:17am (5 hr ago)
The daily chart is still showing a mild bullish trend but RSI is weakening.
Price can move either way up to 4070-4167 or down to 4000-3960
Patience
  • #66,623
  • Jul 24, 12:20am (5 hr ago) Jul 24, 12:20am (5 hr ago)
Quoting SibiSh
The daily chart is still showing a mild bullish trend but RSI is weakening. Price can move either way up to 4070-4167 or down to 4000-3960
if we crack 4100 then the odds are we could see a test of Wednesday. But it’s fry day and data seems to be minimal with only Tango Taco taking his phone off the charger
Insane in the Brain..
  • #66,624
  • Jul 24, 12:21am (5 hr ago) Jul 24, 12:21am (5 hr ago)
Quoting BeeTogether
Long at 4047 (missed by 4040 as screen glitched) anyway TP around 4080. Then will look to dump if PA suggests. Else we may see 4100.
why 4080??
RM
  • #66,625
  • Jul 24, 12:23am (5 hr ago) Jul 24, 12:23am (5 hr ago)
Quoting BeeTogether
{quote} if we crack 4100 then the odds are we could see a test of Wednesday. But it’s fry day and data seems to be minimal with only Tango Taco taking his phone off the charger
With news coming from the US and Iran I would not be holding a buy over the weekend. Trump already voiced plans of an attack plus Iran rejecting some ceasefire. What if he makes good his threats and does something massive? That said, I will repeatedly buy attacks to 4000 today and sell anything near 4100.
  • #66,626
  • Jul 24, 12:24am (5 hr ago) Jul 24, 12:24am (5 hr ago)
Gold(XAUUSD) outlook & trade setup for the day.

After a big decline price is taking support of 4021.7 & consolidating, if it shows bounce back it might retest the level of 4061.75 or Resistance 1 and after the retest we have 2 scenario that might play out:

1. Price might face rejection from bearish trendline and again starts to continue in the bearish direction breaking below the immediate support of 4021.
2. Price might breakout above immediate resistance and bearish trendline, above the level of 4061.75 and show reversal leading a short term reversal.

Since, trend is in bearish direction out outlook remain on bearish to sideways direction, selling trades should be preferred at strong resistance or trendlines. Wait for confirmation before taking fresh entries.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.
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  • #66,627
  • Jul 24, 12:26am (5 hr ago) Jul 24, 12:26am (5 hr ago)
Quoting mehtataarak6
{quote} why 4080??
4080 was a previous support area before it dropped to 4040
Insane in the Brain..
  • #66,628
  • Jul 24, 12:26am (5 hr ago) Jul 24, 12:26am (5 hr ago)
Quoting Tradejourna
Done for week!! The CRT really works {image}
What is CRT, Boss?…
  • #66,629
  • Jul 24, 12:27am (5 hr ago) Jul 24, 12:27am (5 hr ago)
Quoting Mitiblotch
{quote} With news coming from the US and Iran I would not be holding a buy over the weekend. Trump already voiced plans of an attack plus Iran rejecting some ceasefire. What if he makes good his threats and does something massive? That said, I will repeatedly buy attacks to 4000 today and sell anything near 4100.
definitely not holding longs over the weekend. If anything happens either a truce or attack the Sunday night opening is where the weeks money is made
Insane in the Brain..
  • #66,630
  • Jul 24, 12:27am (5 hr ago) Jul 24, 12:27am (5 hr ago)
Quoting BeeTogether
{quote} 4080 was a previous support area before it dropped to 4040
I think today will be the pullback till 15 min trendline and then if the line breaks lets go till 4200 4119-4141
RM
  • #66,631
  • Jul 24, 12:29am (5 hr ago) Jul 24, 12:29am (5 hr ago)
price hovering near poc is silver gives a red its gonna be shit for buyers
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RM
  • #66,632
  • Jul 24, 12:29am (5 hr ago) Jul 24, 12:29am (5 hr ago)
4221 imho..
and it Feels like one way ticket.

4095 is good for today? Maybe.
  • #66,633
  • Jul 24, 12:29am (5 hr ago) Jul 24, 12:29am (5 hr ago)
Quoting envygetrich
IF price reaches i will take a long from 4025 - 4020, looking at DAILY chart that level was rejected twice on 11 June/8 July expecting a tap into that zone with rejection, like both previous times
$$$$$$
  • #66,634
  • Jul 24, 12:37am (4 hr ago) Jul 24, 12:37am (4 hr ago)
return to test 4000?
  • #66,635
  • Jul 24, 12:38am (4 hr ago) Jul 24, 12:38am (4 hr ago)
Not, expecting this bursting, will try enter short, as long as 4150 doesnt break hard
  • #66,636
  • Jul 24, 12:42am (4 hr ago) Jul 24, 12:42am (4 hr ago)
Quoting Fnjb
Not, expecting this bursting, will try enter short, as long as 4150 doesnt break hard
silver changes direction danger i got cut BE sl
RM
  • #66,637
  • Jul 24, 12:45am (4 hr ago) Jul 24, 12:45am (4 hr ago)
Quoting Whale
4221 imho.. and it Feels like one way ticket. 4095 is good for today? Maybe.
That's too big of a target when there is no news except a obese Taco Bell.
  • #66,638
  • Jul 24, 12:52am (4 hr ago) Jul 24, 12:52am (4 hr ago)
Not today for sure. Trailing sl hit,, new swing opportunities next week, have a nice weekend(done for the day)
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  • #66,639
  • Jul 24, 12:53am (4 hr ago) Jul 24, 12:53am (4 hr ago)
looks like a great sell entry, i'll short until 4040
  • #66,640
  • Jul 24, 12:55am (4 hr ago) Jul 24, 12:55am (4 hr ago)
Quoting AnuragD
{quote} That's too big of a target when there is no news except a obese Taco Bell.
Nothing big in this range.. try to understand daily price action
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