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Gold

I cant see gold passing 1950 hurdle anytime soon, most likely the consolidation between 1947 - 1910 will continue for tomorrow and most of next week
Scalping on XAUUSD is working great so far. Here are results.
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Love for all; Hatred for none.
D1
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New trades on Gold
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Love for all; Hatred for none.
gold is on track to reach 2000 again by tomorrow i think break 2080 next week
scalp 1 minute....
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More trades. I am waiting for one more trade and will close for day with total outcome of trading Gold.
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Love for all; Hatred for none.
Quoting aahmad29
More trades. I am waiting for one more trade and will close for day with total outcome of trading Gold. {image}
Closing My day with another win.
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Love for all; Hatred for none.
XAUUSD Short position opened at 1954.16 tp 1949
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Edit: ups...missed to adjust my tp, price dropped instantly, tp now 1937 (blue line), sl 1952. Nice catch
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my perceptions... that my plan for next week.... hehehe... any oher opinion please..
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Quoting fxsyuk
my perceptions... that my plan for next week.... hehehe... any oher opinion please.. {image}
I tend to agree till 1995.

Would need to see H4 movement in that are to decide later.
Once 1933.85 breaks, price will rally down some more.
It is all about the foreign exchange market.
Buying gold now at 1931.353, I think it will make sense at this price.
Quoting ProfessorJim
{quote} I think you mean break down; rally inherently means to go up. I think Gold has formed a base here at 1932. Gold saw a huge drop early in today's trading, but remember that Gold has made massive gains last Friday and this could simply be a pullback. The evening star formed on 14 March looks like it will be invalidated, potentially creating a bullish pinbar and eventually morphing into an inverted HnS which will push Gold back above 2000. Which creates a very interesting structure because we saw a quick and sudden drop from 2070, which creates...
No, I meant gold XAUUSD will break 1933.85 support and move down to find the support at 1920.16. Price is doing that already.
It is all about the foreign exchange market.
Quoting Efelexy
{quote} No, I meant gold XAUUSD will break 1933.85 support and move down to find the support at 1920.16. Price is doing that already.
Yeah, i also have a short bias

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Remember it's only my personal opinion, i'm not giving financial advice.
My entire life in one sentence: it didn't go as planned, and that's ok.
Multi Currency All Time Return: 214.3%
Quoting KnifeS2
{quote} Yeah, i also have a short bias {image} Remember it's only my personal opinion, i'm not giving financial advice.
Today's Trade

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»»————- Remember it's only my personal opinion, i'm not giving financial advice ————-««

My entire life in one sentence: it didn't go as planned, and that's ok.
Multi Currency All Time Return: 214.3%
Quoting Efelexy
{quote} No, I meant gold XAUUSD will break 1933.85 support and move down to find the support at 1920.16. Price is doing that already.
This have happened exactly as I predicted. Smiles .... Knowledge is power.
It is all about the foreign exchange market.
Somehow I am still stay alert with bull. Last NY session M15 played under pivot H1 and now we are in S1 D1.
Potential scenario in my head: H1 heading to 1932 - 1935 for another down movement.
But then that's when H1 lose momentum and build up another upward movement from 1912 - 1915.
Opposite scenario to hold can only be confirmed later once H1 instead create downward momentum to 189x.
Quoting Efelexy
{quote} This have happened exactly as I predicted. Smiles .... Knowledge is power.
Well done, buddy.
"Don't Shoot Me I'm Only the Piano Player"
Quoting yani38
{quote} Well done, buddy.
Thanks Mate .
It is all about the foreign exchange market.
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