Gold with No Drama

+560 PIPS SECURED

I ckose 5073 key is bodys down 5070 i go to sleep i want see open good night to all

I have been buying Gold for months and it has treated me most kindly.

No losses in February and non this month so far....Good luck or Good management...Who knows.......I just plod along and collect the pips.

oh dear god
please no offense.
but i said few day ago buying is not an option
and yesterday China did it again they start selling gold at 17-21$ lower then he spot prices,
and today this happened. i was holding the sell from Friday,
got 70$ move but still for me that is more then enough.
because as you all know it depends on the leverage you use.
70$ MOVE CAN BE 7% PROFIT IF TRADING WITH safest option out there 1:1 leverage.
that mans if you have 20k you trade with 0.1 trade and 70$ is 700$ 7% profit.
but who the hell here trades with 0.1 trade in 10k account i have seen screen shots specially after the loss 0.05 lot in 700$ account that is if not 10 times more money then you have it is very close 8 ties .
but i understand trust me
because you cannot make 500$ or 1k account into million without leverage or low leverage.

i understand that but as i always say focus on building portfolio and i promise you
inventors will beg you to trade and make money for them.


soon some one one will publish what China did hopeful today.
amazingly all this happens only after the move.

but only after the move happened.

so no time to trade because train is gone.
they can't afford retail traders to make money

now wait for retracement and then enter and maybe just be stuck in rag for days.
.
anyways good luck guys .

JUST DONT START SELLING 5000 is not the LEVEL where even experience trades will avoid 5k confirm break and 4500 is just few candles away.

1st TP for today.... small pips but beautiful.... hooraah

There are always traders who like to mock other traders who have different positions. In the end, they themselves may not be right. RIP.

Is easy to come here talk about every crap but saying where price go is a completly story, particulary when the story repeat itself, always after it happen.
I will make easy for those tha don't follow crap.
This week price will move in 268.021k points movement beeing the middle movement obvious 50% exactly 134.01k points and the last the quarter of 67.002k points, anything below 5903.479 starts a potential expansion lower but the movements will be the same but remember weekly have a fractal and only each day end can indicate if a level is rejected or not.
Lower tf can work, for instance 4h or a 1h not fully closing below.
To a fractal rejection the best probabilities are in a bearish rejection if we want to go bullish, and in a bullish rejection if we want go bearish.
Is about this that this thread should be...
Explain price and teach the less experience traders, all that fundamental crap to trade daily basis, is just that crap, imaginary prices are just that crap if price don't tell and price moves everyday the same way.
Not only we went tap weekly 50% as we tap full daily, so yes! Breaking 5037.490 we go seek 4903.479, bulls can go to 5171 and there they need to close above to be possible 5305.511 and last 5439.521.
And remember always to measure after a level beeing reject your target should have that little buffer of the wick counting to the movement for safety...
Lock this measures in friday close, you will notice...
We reject 50% what is next? 25% 5104...
Back to bed...
Safe trades.

price fail to keep momentum downward, im out of this hole, it stay the same level as Fryday hole

Stay with this levels, they work very good when fresh particulary, align your lower tf patterns on it.
We just need to be right 1 time a day not catch trends. Trends let runners do it!

hi Guys, my plan for today are the arrows shown on chart with levels.

closing this now at 5087

give it some time..

gold is going up so my optimal entry for short is 5098-5120. Careful at 4PM UTC trap.

-.- got a buy from a nice accumulation at 0.5 level, target 14x, not much expectation for this
Edited: taken 2/3 at 136 as it is extreme sell level of this range lol so quick, remove TP, drag to BE

looking forward to 5150. how achievable is that?

Pivot points

5150 is not far from current market price ...so I would say achievable ...whether it is achieved or not today is different story

Price reached 5140 which is basically 5150- it is not a pharmacy where you have moves precise to 0.01$
That is my approach but I don't scalp - when I sell I sell and price level is only additional factor to have better risk reward ratio

SELL...and safe

Im not trying it.. but now price at 5104
and it should make a decision now.

intraday is mixed , overall short.

i think short now to 4950 is great try.