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Gold

  • #741
  • Sep 15, 2021 7:43am Sep 15, 2021 7:43am
Still expecting the red line. Good luck all.
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  • #742
  • Sep 15, 2021 8:02am Sep 15, 2021 8:02am
The red line was done, but it's so crazy. Must be very careful.
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  • #743
  • Sep 15, 2021 8:03am Sep 15, 2021 8:03am
Quoting fxmasterdxb
{quote} Well I have mentioned 1797 as it will mark 38.2 retracement from lowest point yesterday 1779 to 1808 on 4hr chart, on smaller TF 15/5 min we had a pull back. For me price always retraces on all TF, the moment it retraces the chances are higher of continuation. The problem is if price continued up with touching 1797 then once we have the retrace, the drop will be much bigger similar to what happened from 1834 to 1781.
So we had 50% retracement which is even better, sane thing to do now is to look carefully for entry on lower TF
  • #744
  • Sep 15, 2021 8:26am Sep 15, 2021 8:26am
wtf happened to gold? why did it drop? is it a sell now or are longs still valid?? anyone pls?
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #745
  • Edited 11:26pm Sep 15, 2021 8:29am | Edited 11:26pm
Quoting forex baraka
wtf happened to gold? why did it drop? is it a sell now or are longs still valid?? anyone pls?
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POSTMASTER
  • #746
  • Sep 15, 2021 8:49am Sep 15, 2021 8:49am
Quoting forex baraka
wtf happened to gold? why did it drop? is it a sell now or are longs still valid?? anyone pls?
In my opinion, gold looking to retest the 4hr breakout, I also have a pending buy limit which ill delete if didn't get trigger in next hour.
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  • #747
  • Sep 15, 2021 8:55am Sep 15, 2021 8:55am
Long Term Outlook

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  • #748
  • Sep 15, 2021 9:14am Sep 15, 2021 9:14am
Really great fight bull vs bear... rejection everywhere
Everything is possible but not guaranteed
  • #749
  • Sep 15, 2021 9:21am Sep 15, 2021 9:21am
Quoting Robinhood1
{quote} {image}In my opinion valid
many thanks for that robinhood, much appreciated.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #750
  • Sep 15, 2021 9:22am Sep 15, 2021 9:22am
Quoting khallas
{quote} In my opinion, gold looking to retest the 4hr breakout, I also have a pending buy limit which ill delete if didn't get trigger in next hour. {image}
thanks khallas, gives me a bit of reassurance . i was beginning to doubt my own analysis.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #751
  • Sep 15, 2021 9:25am Sep 15, 2021 9:25am
Quoting Beyfor
Long Term Outlook {image}
beyfor, your a master on long term. unfortunately, small fish like me would just get eaten up by the whales of sellers before i could even trade the monthly. anything short term on your radar? cheers in advance.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #752
  • Sep 15, 2021 9:49am Sep 15, 2021 9:49am
Quoting fxmasterdxb
{quote} So we had 50% retracement which is even better, sane thing to do now is to look carefully for entry on lower TF
No entry yet, i will look for entry in the below circled area
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  • #753
  • Sep 15, 2021 9:50am Sep 15, 2021 9:50am
Quoting fxmasterdxb
{quote} No entry yet, i will look for entry in the below circled area {image}
Did you close all the other longs you had?
Observation is the path to discovery.
  • #754
  • Sep 15, 2021 9:57am Sep 15, 2021 9:57am
Quoting Alorente
{quote} Did you close all the other longs you had?
Yes i did, i closed all small ones yesterday, opened at 1799 & 1800 abd closed it in loss
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  • #755
  • Sep 15, 2021 10:04am Sep 15, 2021 10:04am
Quoting fxmasterdxb
{quote} Yes i did, i closed all small ones yesterday, opened at 1799 & 1800 abd closed it in loss {image} {image}
I thought you were holding them till the end of the month...
Observation is the path to discovery.
  • #756
  • Sep 15, 2021 10:14am Sep 15, 2021 10:14am
Quoting Eren10
I sold to early than bought it wrongly huge mistakes Like eurusd this gold thing could crash to levels where it was.

Right feelings but no profit
  • #757
  • Sep 15, 2021 10:28am Sep 15, 2021 10:28am
Quoting Alorente
{quote} I thought you were holding them till the end of the month...
That was the plan, when i saw the price hitting a support and getting weaker, i closed with waiting for price to go lower to open on a better place, i did but price went deeper
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  • #758
  • Sep 15, 2021 10:49am Sep 15, 2021 10:49am
It's so hard to find a good entry point
Just did scalping, got some green
I think enough, I'm sleepy now
Good luck all
  • #759
  • Sep 15, 2021 11:39am Sep 15, 2021 11:39am
Below 90s is possible today I guess.
  • #760
  • Sep 15, 2021 11:48am Sep 15, 2021 11:48am
Quoting fxmasterdxb
{quote} No entry yet, i will look for entry in the below circled area {image}
It seems bull has abandoned the ship, no long entries for the time being
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