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Gold/USD

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Gold

  • #661
  • Sep 14, 2021 1:08am Sep 14, 2021 1:08am
Quoting gatenio
{quote} it is a tight stupid range.
Price wants to go down first, let it hunt all SL’s and then long comfortably
  • #662
  • Sep 14, 2021 1:15am Sep 14, 2021 1:15am
Quoting fxzones
{quote} Looks like you're right, buddy. I am waiting h4 close, if closed under red line, maybe its will be agressive bull. Maybe i am wrong. {image}
Best is to wait for price to hit between 1788-1786 and once you see reversal signal on 5/15 min TF you can long safely with SL being below the low of the day
  • #663
  • Sep 14, 2021 1:17am Sep 14, 2021 1:17am
I m still on a Bearish BIAS for GOLD. Bulls were not able to break above. Wicks are building bearish pressure. Hopefully EOD will have a clear breakout.

It's my opinion of course.

Cheers !
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 19 KB
Fools Rushing
  • #664
  • Sep 14, 2021 1:20am Sep 14, 2021 1:20am
Quoting MTF Test
I m still on a Bearish BIAS for GOLD. Bulls were not able to break above. Wicks are building bearish pressure. Hopefully EOD will have a clear breakout. It's my opinion of course. Cheers ! {image}
You have all the right to go short, all indications on lower TF are indicating a short
  • #665
  • Sep 14, 2021 2:02am Sep 14, 2021 2:02am
I have often wondered why is it that Gold needs so many tests of the Low/High before breaking out from a Low/High? In most other pairs, 2 or 3 tests is enough to break either way. If you can help explain this, please do. Below is the current H1 chart with 5 tests so far.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD,H1.png Size: 165 KB
Observation is the path to discovery.
  • #666
  • Sep 14, 2021 2:09am Sep 14, 2021 2:09am
Quoting Alorente
I have often wondered why is it that Gold needs so many tests of the Low/High before breaking out from a Low/High? In most other pairs, 2 or 3 tests is enough to break either way. If you can help explain this, please do. Below is the current H1 chart with 5 tests so far. {image}
In my opinion to built momentum, we usually see gold moves are higher in terms of pips comparing to currencies so to build such a strong move (in any direction), it needs a strong momentum
  • #667
  • Sep 14, 2021 2:15am Sep 14, 2021 2:15am
This is what im looking at in gold now
Attached Image (click to enlarge)
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  • #668
  • Sep 14, 2021 2:24am Sep 14, 2021 2:24am
Waiting for the reversal signal any minute now, if price closes below 1786 in hourly TF then my setup is invalidated
  • #669
  • Sep 14, 2021 2:34am Sep 14, 2021 2:34am
Quoting fxmasterdxb
Waiting for the reversal signal any minute now, if price closes below 1786 in hourly TF then my setup is invalidated
Waiting for the hour close to confirm the reversal
  • #670
  • Sep 14, 2021 3:00am Sep 14, 2021 3:00am
Quoting fxmasterdxb
{quote} Waiting for the hour close to confirm the reversal
No confirmation yet
For me this hour close is make or break, either we dive deep down or make a strong recovery? Lets see
  • #671
  • Sep 14, 2021 3:16am Sep 14, 2021 3:16am
Trade active.
Attached Image (click to enlarge)
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  • #672
  • Sep 14, 2021 3:39am Sep 14, 2021 3:39am
Quoting fxmasterdxb
{quote} No confirmation yet For me this hour close is make or break, either we dive deep down or make a strong recovery? Lets see
This could be a reversal signal, i prefer to wait for hour close to decide
Attached Image (click to enlarge)
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  • #673
  • Sep 14, 2021 5:06am Sep 14, 2021 5:06am
Good day traders, amigos, comrades,
Im today with this one, still going-trusting Xau bulls
Attached Image (click to enlarge)
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Attached Image
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #674
  • Sep 14, 2021 5:19am Sep 14, 2021 5:19am
move SL to BEP and ready to get any shock that may happen
  • #675
  • Sep 14, 2021 5:31am Sep 14, 2021 5:31am
That move almost gave me an heart attack.
My advice is to invest in tennis balls. They have a high rate of return.
  • #676
  • Sep 14, 2021 5:32am Sep 14, 2021 5:32am
Quoting SkullCandy
Good day traders, amigos, comrades, Im today with this one, still going-trusting Xau bulls {image} {image}

Closed gold on 88
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #677
  • Sep 14, 2021 6:11am Sep 14, 2021 6:11am
activated my buy position with first target 1805, second target 1812
  • #678
  • Sep 14, 2021 6:12am Sep 14, 2021 6:12am
At work I bought at 84 one minute later closed it. Than I see the 90s. Unlucky. I do not know what caused the price
  • #679
  • Sep 14, 2021 6:12am Sep 14, 2021 6:12am
How about that
Attached Image (click to enlarge)
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  • #680
  • Edited 7:12am Sep 14, 2021 6:14am | Edited 7:12am
what a day..
bought yesterday 1787, 1788,1789, today 1791,1792
the boom down to 1781, cry, then news come, smile tp 1797.19... hate this day but in profit.

#lifeofdaytrader
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