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  • #201
  • Aug 26, 2021 9:00am Aug 26, 2021 9:00am
Attached Image (click to enlarge)
Click to Enlarge Name: divergent you.PNG Size: 116 KB

sorry, this is the picture
  • #202
  • Aug 26, 2021 12:27pm Aug 26, 2021 12:27pm
Quoting baikenan
{image} sorry, this is the picture
I hope you managed to close your short?

honestly i don't see gold dropping any further from here
  • #203
  • Aug 26, 2021 12:30pm Aug 26, 2021 12:30pm
Look at gold monthly chart, if we close the month here or higher its strongly bullish for the coming month! I wouldnt be surprised if we get a new high by Jan/Feb next year, or perhaps a little earlier
Attached Image (click to enlarge)
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  • #204
  • Aug 26, 2021 12:47pm Aug 26, 2021 12:47pm
Quoting fxmasterdxb
{quote} I hope you managed to close your short? honestly i don't see gold dropping any further from here

Tomorrow is news from FED. Depending on what they will decide gold could easily go to 1750 tomorrow. Could be strange day.
  • #205
  • Aug 26, 2021 1:09pm Aug 26, 2021 1:09pm
Quoting Eren10
{quote} Tomorrow is news from FED. Depending on what they will decide gold could easily go to 1750 tomorrow. Could be strange day.
Im not sure which news you’r referring to, unless its NFP or FOMC no news will move the gold 50$
  • #206
  • Aug 26, 2021 2:02pm Aug 26, 2021 2:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: chart - 2021-08-26T220217.825.png Size: 163 KB
  • #207
  • Aug 26, 2021 2:02pm Aug 26, 2021 2:02pm
Quoting fxmasterdxb
{quote} Im not sure which news you’r referring to, unless its NFP or FOMC no news will move the gold 50$


Tomorrow, Chair Jerome H Powell will speak at the economic policy symposium about economic outlook.
  • #208
  • Aug 26, 2021 2:15pm Aug 26, 2021 2:15pm
Quoting Eren10
{quote} Tomorrow, Chair Jerome H Powell will speak at the economic policy symposium about economic outlook.
Will see, i really doubt we will see 50$ move tomorrow, probably will be limited to 10-15$ with maximum being 20$
  • #209
  • Aug 26, 2021 9:17pm Aug 26, 2021 9:17pm
Quoting baikenan
{quote} hallo, i'm not gonna help you with your trade, as i'dont know to where the price going to move, sorry.. but maybe i can tell you little think about divergent, first your have to know about what is swing, bacause divergent is compaaring 2 swing high or low, second (this is just my oppinion but highly recomended, just learn from your chart by self), only compare 2 swing that near, example there is 1 2 3 4 5 swing, compare swing 1 and 2, swing 3 and 4, or 2 and 3, you can't compare swing 1 and 3 or 2 and 5 etc. only compare 2 swing near, (i...
Thanks a lot brother, this is really helpful, specially the picture you edited. I can see how you've spotted the lines.
Thanks again for your time and effort to reply, so Kind of You.
  • #210
  • Aug 26, 2021 9:21pm Aug 26, 2021 9:21pm
Quoting fxmasterdxb
{quote} I hope you managed to close your short? honestly i don't see gold dropping any further from here
No Sir, price haven't dropped, just waiting what else can I do. I've lost a lot of money in gold and in learning process. I hope with the guidance of all you guys, I'll be a profitable trade soon.
  • #211
  • Aug 26, 2021 10:38pm Aug 26, 2021 10:38pm
Quoting fxmasterdxb
{quote} Will see, i really doubt we will see 50$ move tomorrow, probably will be limited to 10-15$ with maximum being 20$
You may want to have a look at the price range last year around Jackson Hole and rethink that.
  • #212
  • Aug 26, 2021 10:55pm Aug 26, 2021 10:55pm
Quoting pukunui
{quote} You may want to have a look at the price range last year around Jackson Hole and rethink that.
Last year was a different story, this year BOE & ECB are not attending, i don't expect huge market movement
  • #213
  • Aug 26, 2021 10:57pm Aug 26, 2021 10:57pm
Quoting Thosy
{quote} No Sir, price haven't dropped, just waiting what else can I do. I've lost a lot of money in gold and in learning process. I hope with the guidance of all you guys, I'll be a profitable trade soon.
Good luck! If i were you, i would close the moment price gets to 1797-1795, I think from here PA will keep heading up only
  • #214
  • Aug 26, 2021 10:58pm Aug 26, 2021 10:58pm
Quoting fxmasterdxb
{quote} Last year was a different story, this year BOE & ECB are not attending, i don't expect huge market movement
Fair enough, I guess we will know soon enough one way or another
  • #215
  • Aug 26, 2021 11:47pm Aug 26, 2021 11:47pm
Sold gold for 30 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2021-08-27-12-16-35-42_a068875e8d70110f8d1ec48729c67374.jpg Size: 504 KB
  • #216
  • Aug 27, 2021 12:10am Aug 27, 2021 12:10am
Quoting AlfieSolomon
Sold gold for 30 pips {image}
Risky but smart, good for few pips
  • #217
  • Aug 27, 2021 12:11am Aug 27, 2021 12:11am
Unfortunately they have killed this thread by moving it to metal mine, we had one good gold thread finally and here you go, dead
  • #218
  • Aug 27, 2021 12:29am Aug 27, 2021 12:29am
Quoting AlfieSolomon
Sold gold for 30 pips {image}
closed 17+ pips
  • #219
  • Aug 27, 2021 12:48am Aug 27, 2021 12:48am
Quoting AlfieSolomon
Sold gold for 30 pips {image}
Should have hold this trade ,30 pips would be in
  • #220
  • Aug 27, 2021 12:52am Aug 27, 2021 12:52am
Quoting AlfieSolomon
{quote} closed 17+ pips

Actually isn't that not 170 pips? Feels much better 170 pips


1805 looks the resistant now.
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