Gold | Page 2860 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #57,181
  • Dec 23, 2024 5:53am Dec 23, 2024 5:53am
This is what I have for Silver/Gold - waiting to see what happens during equity open.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
  • #57,182
  • Dec 23, 2024 5:56am Dec 23, 2024 5:56am
Attached Image (click to enlarge)
Click to Enlarge Name: xu.png Size: 64 KB
Stay Under my dealer's RADAR
  • #57,183
  • Dec 23, 2024 5:58am Dec 23, 2024 5:58am
Quoting saal
Gold buy 2617 sl 2613 tp1 2620 tp2 2623
Close all at profit or entry price
Success is not final, failure is not fatal... - Winston Churchill
  • #57,184
  • Dec 23, 2024 6:06am Dec 23, 2024 6:06am
The last US economic data might suggest a kind of stagflation starting ?
  • #57,185
  • Dec 23, 2024 6:20am Dec 23, 2024 6:20am
Quoting BiteFX
{quote} You're so funny chief.
Funny? Why? You already Said here today wich candle make a shift on daily.
Sorry but it was"t none of your checklist.
Talking the high was the minor issue.
You can forecast a Change for bullish with friday but the reallity is daily still bearish.
  • #57,186
  • Dec 23, 2024 6:20am Dec 23, 2024 6:20am
Quoting Praetorion
{quote} for sure .. 1 5 15 30 1 hr dont dominate the market .. so 4 hr + daily
Both statements are true when considering the coming days. As you know, it is important to respect the higher time frame when determining the direction of the trend.
SURFER
  • #57,187
  • Dec 23, 2024 6:25am Dec 23, 2024 6:25am
Quoting Tradersview-
{quote} Waiting fr the same {image} {image}
2nd one
Target 2654
  • #57,188
  • Dec 23, 2024 6:25am Dec 23, 2024 6:25am
Entered short at 2619 target 2607
SURFER
  • #57,189
  • Dec 23, 2024 6:26am Dec 23, 2024 6:26am
How do you read what is happening right now?
Comparing the current bullish reaction with the reaction on the same price on friday it has much less strength.
But then, why do you think is being price capped at 2614?

Is being loading shorts to make an explosive movement down, triggering all the bull stops when trespass the 2614?
Is being trying to change direction to make a new test at 2633?
What are you reading in this price action?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
  • #57,190
  • Dec 23, 2024 6:29am Dec 23, 2024 6:29am
Quoting Elliottway
{quote} We don't need to worry; I have the perfect solution for this trend shift. A break above 2622 signals a bullish move, while a break below 2605 indicates a bearish trend. Currently, the price is at 2617.
Then moving my sl to 2605
  • #57,191
  • Dec 23, 2024 6:37am Dec 23, 2024 6:37am
Quoting Elliottway
Entered short at 2619 target 2607
H1 needs some support near 2611,where is ur stops fr this scalp trades
  • #57,192
  • Dec 23, 2024 6:38am Dec 23, 2024 6:38am
Quoting okami
How do you read what is happening right now? Comparing the current bullish reaction with the reaction on the same price on friday it has much less strength. But then, why do you think is being price capped at 2614? Is being loading shorts to make an explosive movement down, triggering all the bull stops when trespass the 2614? Is being trying to change direction to make a new test at 2633? What are you reading in this price action? {image}
The Friday 4-hour candle hasn't closed yet, but it looks like the market is trying to make a retracement. The key retracement points are at 2613 and 2605. The final outcome will depend on how the candle closes and which timeframe is being used. I hope this makes things clearer.
SURFER
  • #57,193
  • Dec 23, 2024 6:42am Dec 23, 2024 6:42am
Quoting Tradersview-
{quote} H1 needs some support near 2611,where is ur stops fr this scalp trades
2623.5
SURFER
  • #57,194
  • Dec 23, 2024 6:48am Dec 23, 2024 6:48am
Quoting Elliottway
{quote} The Friday 4-hour candle hasn't closed yet, but it looks like the market is trying to make a retracement. The key retracement points are at 2613 and 2605. The final outcome will depend on how the candle closes and which timeframe is being used. I hope this makes things clearer.
Thank you, Elliottway. When you say that the Friday 4-hour candle hasn't closed yet, do you mean that how the current candle will close in relation to the 4-hour candle of friday will give us the information to know what is the market wanting to do?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB


So if it would close as where it is right now, below the close/open of the 4H candles (2617) would be interpreted as continuation of the down movement?
Thanks
  • #57,195
  • Dec 23, 2024 6:49am Dec 23, 2024 6:49am
Quoting okami
How do you read what is happening right now? Comparing the current bullish reaction with the reaction on the same price on friday it has much less strength. But then, why do you think is being price capped at 2614? Is being loading shorts to make an explosive movement down, triggering all the bull stops when trespass the 2614? Is being trying to change direction to make a new test at 2633? What are you reading in this price action? {image}
The daily close above, especially with a gap-up, clearly indicates potential for further upside. However, before this happens, the 4-hour chart must sweep the liquidity. In the past, I often complicated things by over-analyzing the situation, but now I focus less on the candle closes. Instead, my analysis is based on the exact price levels of the wicks.
SURFER
  • #57,196
  • Dec 23, 2024 6:50am Dec 23, 2024 6:50am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20241223-201942.png Size: 51 KB
  • #57,197
  • Dec 23, 2024 6:53am Dec 23, 2024 6:53am
Quoting okami
{quote} Thank you, Elliottway. When you say that the Friday 4-hour candle hasn't closed yet, do you mean that how the current candle will close in relation to the 4-hour candle of friday will give us the information to know what is the market wanting to do? {image} So if it would close as where it is right now, below the close/open of the 4H candles (2617) would be interpreted as continuation of the down movement? Thanks
I believe your broker has completely altered the situation. This is one of their tactics to confuse traders. It's important to pay attention to both major and minor volume-based chart time zones, as they play a crucial role in understanding the market's movements.
SURFER
  • #57,198
  • Dec 23, 2024 7:06am Dec 23, 2024 7:06am
with 15 indicators on chart
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 25 KB
  • #57,199
  • Dec 23, 2024 7:08am Dec 23, 2024 7:08am
Quoting Elliottway
Entered short at 2619 target 2607
closed partially at 2610 near.
SURFER
  • #57,200
  • Dec 23, 2024 7:12am Dec 23, 2024 7:12am
Quoting PatienceFx
with 15 indicators on chart {image}
with both news negative for usd, booked gold short
234 traders viewing now, 3 are registered:
HumanAI
,
vishwas5545
,
ondiss