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Let's talk about gold - XAUUSD 42 replies

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XAUUSD (spot gold) update 54 replies

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XAUUSD

couldnt find copper
used to trade gbpusd but now I go for gold (lol)
normally 3 trades a night during euro and usa sessions

trading using 10 pip renko bars
nice 10 pips so far today..
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i see they are loading up on gold (silver) but the bottom could take days/weeks to find. my poor demo account....

i wonder if they are waiting for trumpet to finally admit defeat. dollar crashes and gold flies.
In tea leaves we trust!
Nice little 20 pip short today so far
Who wants to take on the big banks when you can take on Fort Knox

like shooting fish in a barrel - Im sure ill come back crying soon....

GLGT (Good Luck Good Trading)
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looks like the bottom is in. time to get long imo. both gold an silver.

currently

gold - 1866.3
silver -24.13
In tea leaves we trust!
and i'm getting continuation signals now.

i would expect silver to breech 25.06 inter high before too long. same for gold 1898
In tea leaves we trust!
Quoting AngieT
Just started trading gold huge drop last session then a regain but might look at copper what is the 4 letter code for copper om mt 4? please
MT4 doesn't have commodities. Switch to MT5 for that (looks/works almost the same as long as you are not programming on it).
On MT5 copper is HGCP (High Grade Copper).
shame there isn't any copper threads here - i would start one but i'm noob. boohoo.

silver was struggling with 2020 secondary poc @ 24.21 but now broken though - should motor now.
In tea leaves we trust!
Quoting Mcbeaners
and i'm getting continuation signals now. i would expect silver to breech 25.06 inter high before too long. same for gold 1898
still like these prices.... let's see.
In tea leaves we trust!
i bought some gold here @ 1873.95 ish.
In tea leaves we trust!
please who knows the direction of gold now
XAUUSD
Descending Broadening Wedge Pattern
Upward move anticipated
#fx #forex #xaususd #forextrader #forexsignal #forexstrategy #forexmoney #forexmarket #forexlifestyle
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Quoting fxelliotwave
XAUUSD Descending Broadening Wedge Pattern Upward move anticipated #fx #forex #xaususd #forextrader #forexsignal #forexstrategy #forexmoney #forexmarket #forexlifestyle {image}
I seek to aim previous highs and lows that ''B'' point is one of them, i'll be executing bull flags on 1 m charts when price impulses towards previous resistances & / sell weak divergences on the upward movement so both sides but, when the momentum kicks in, most likely it's upwards, the bounce from ''E'' was pretty strong.
Tribute To My Chinese Buddy All Time Return: 19.0%
XAUUSD looks promising in terms of growth. COVID situations gets more and more serious in the USA.
Since the announcement of Pfizer's first COVID-19 vaccine on Nov 9, the world is lifting her face up again. This sent multiple markets into a cheering mood bu the gold market was slapped with a sharp fall within a short span of time. As witnessed in the FOLLOWME's total trading volumes in the precious metal during the first five hours since the first vaccine's announcement, the closed orders went up by about 60% to 43,296 compared to the average 25,000 or 30,000.

Here is a complete analysis of why we are calling it a perfect example of a Black Swan event. Read now!

Vijaynadar,
FOLLOWME
  • Post #36
  • Quote
  • Edited 11:58pm Dec 8, 2020 11:12pm | Edited 11:58pm
Gold may hit 1910 area then again.
Buy area @1860 tp1910 sl 1840
Buy gold now. coming
Tonight +660 pips.
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Was a great night. Closed 3 trades with +718 pips.
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  • Post #40
  • Quote
  • Last Post: Dec 19, 2020 4:32pm Dec 19, 2020 4:32pm
Looking for short scalps if price goes below 1875
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