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Gold

Quoting erap
Afternoon blues {image} {image}
Hi,your trading system looks Awesome!
Can you share your indicator settings and rules for entry?
Also,the best timeframes to trade it.
Thanks in advance.
I wish all gold XAUUSD traders on this platform a successful and profitable week ahead.
It is all about the foreign exchange market.
Quoting yani38
{quote} That support line @ 1,975 March 7/8 worked out well. ; ) {quote} {image} Remain long in overview. Good luck and thanks for chart.
Hello, I see that the support seems to be holding although there are many pierces. Are you worried about the piercings through? What is your short-term bull target? Are you worried that US rate hike will push Gold downwards?

Thank you for sharing.
waiting for first confirmation of the top failure with 1916 breaks ,as tls down likely continue down 1894 to next limit 1877 before good bounce . lets see 1916 breaks or what first ! take care , ,
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Not understand?never follow my analyses!
Possible larger triangle forming? With confirmed Intermediate cycle low.
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Something like this?
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Sideways all day..... Too risky at this point. On the side line.
It is all about the foreign exchange market.
Risk Appetite reduced and Volatile due to Ukraine and Russia War was less in tension,
Gold will move sideways and downward pressure intense. Plus Fed. increased interest rate, followed by other Central Bank as well.
1900 (61.8% FIBO) held out. Trending to 2070 and above.
now limit up 1958 , down 1877, so any high will sell for 1877. even if above 1958! take care , fontu
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Not understand?never follow my analyses!
A good analysis, boy are they going off over the road, very vocal, an ATE type thing ; ) Well done in any case.

ATE = After the event.
"Don't Shoot Me I'm Only the Piano Player"
Hello Everyone,

I am new in trading gold. I hope that I will learn here. I am using pending orders in support and resistance area. I wanted to see if it works or not. Today I missed one pending order but other (sell limit) just got executed @1940 and hit TP @1935. I will post chart little later.
Love for all; Hatred for none.
Quoting aahmad29
Hello Everyone, I am new in trading gold. I hope that I will learn here. I am using pending orders in support and resistance area. I wanted to see if it works or not. Today I missed one pending order but other (sell limit) just got executed @1940 and hit TP @1935. I will post chart little later.
I have another pending order but it did not trigger and i am still holding it.
Sell Limit @1949 and TP is 1941. I will keep an eye on it and may be i change pending order during London session.
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Love for all; Hatred for none.
Quoting aahmad29
{quote} I have another pending order but it did not trigger and i am still holding it. Sell Limit @1949 and TP is 1941. I will keep an eye on it and may be i change pending order during London session. {image}
I added buy limit @1918
Love for all; Hatred for none.
Quoting aahmad29
{quote} I added buy limit @1918
Limit orders got executed @1918 and hit TP @1923
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Love for all; Hatred for none.
I had two pending orders one at 1918 and other at 1909. 1909 is missed but yes 1918 got little drawdown but eventually hit TP.

I am still holding these pending orders but it may change with further new support and resistance areas are created.
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Love for all; Hatred for none.
I believe that Gold could be a buy soon.
Quoting aahmad29
{quote} Limit orders got executed @1918 and hit TP @1923 {image}
1923 was weak resistance and has broken and no more valid. If weak support @1918 break then price will test the support @1910. If price go up then we need to monitor the price to see if verified resistance @1940 give some extra money. But if that resistance couldn't hold the price then there is untested resistance @1949.
Love for all; Hatred for none.
Gold short @1923
Tp:1909
Sl:1928
Its all about Timing!!!
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