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Gold

27-Aug-21 Gold SnR Trade
- When price move to Resistance and RN1800 level, and wait for 30 M down confirmation bar.
- Short after the confirmation bar.
- TP 67 pips on the lower Support level.
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Third long entry since yesterday
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Quoting fxmasterdxb
Unfortunately they have killed this thread by moving it to metal mine, we had one good gold thread finally and here you go, dead
I didn't got that ,what's the matter?
I think because of the Delta people will buy more gold. Price will go upper soon.
Quoting mirzoevnikit
I think because of the Delta people will buy more gold. Price will go upper soon.

For today I see higher chance of going more down. But If FED will delay tapering than gold will go up. Just thinking
Quoting AlfieSolomon
{quote} I didn't got that ,what's the matter?
They moved it for a while to metalsmine.com, but good its back to forexfactory now
Quoting mirzoevnikit
I think because of the Delta people will buy more gold. Price will go upper soon.
Always look at the chart to get a clue, what do you see? HH & HL or LH & LL?
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At least on the previous highs
HH HL！
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I think we will see algos smashing price up and down today. In 30mins when CPE data is released but at Powells speech we will see big moves, especially if tapering over 15bn / month will be in discussion.
Price should respect today low and continue bullish, we have US data in 20 mins, will decide trades after that. waiting.....
Bullish day as exected
I think gold has still some steam to run, max 1819/20
So here’s the expected scenario for next week, a continuation to 1827/28, drop to 1811-1805 and then a push higher max 1840-1850, could go higher though depending on the volatility and volume of buyers
Quoting fxmasterdxb
Bullish day as exected I think gold has still some steam to run, max 1819/20
Exactly 1819
Quoting fxmasterdxb
So here’s the expected scenario for next week, a continuation to 1827/28, drop to 1811-1805 and then a push higher max 1840-1850, could go higher though depending on the volatility and volume of buyers
Move to 1827/1829 is loading
Hi, i also see a rise to 1830 area, but see the drop to head towards 1750 area, then head back up, maybe wrong though, PB
find a way to make money in your sleep or you work until you die
Quoting pipbasket
Hi, i also see a rise to 1830 area, but see the drop to head towards 1750 area, then head back up, maybe wrong though, PB
Well nothing can be ruled out, however, look at tge support that recently been acting too strong, i really doubt we will see below 1800 for sometime now and if we do then max 1790
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todays plan is but 1805/7 area
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Analysis: My bias for todays gold is that if DXY (Dollar Currency Index) can break the little resistance the gold will go down to a level like the 1805, but if he "DXY" can't break the resistance, the Gold will go up to test the 1825 level.

Trades: I'm personally long on Gold and i think i will buy todays if i see the right opportunity.

Remember it's only my personal opinion, i'm not giving financial advice

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My entire life in one sentence: it didn't go as planned, and that's ok.
Multi Currency All Time Return: 213.2%
Bought gold for 30 pips
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Quoting AlfieSolomon
Bought gold for 30 pips {image}
Closed 12 pips
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