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  • #1,581
  • Nov 10, 2021 1:59am Nov 10, 2021 1:59am
First stop 1817....maybe...?
Stay green!!!
  • #1,582
  • Nov 10, 2021 2:20am Nov 10, 2021 2:20am
Quoting fxmasterdxb
Im in favour for bears today, price reached to 1832 with very weak momentum and was pushed down, we might get one more attempt and I think it will be the last, if bulls had the momentum to push through 1834 then expect some fire works and 1848 will be expected. My expected scenario is another attempt to 1830 (maybe even 1828/9) with weak momentum followed with a crash in price for 20-30$
I think I agree with this too. Right now sellers are winning but there doesn't seem to be a real momentum push yet. It's just falling slowly.

I'd love to see a double top followed with a strong bearish bar on 4H with room to drop minimally to 1807 or lower.

Should it maintain above 1790 and get up to 1830 again, we'll probably break it. But right now it doesn't seem like it has that momentum. But then again it's gold, it can just keep going 1 way and never stop until we hit another wall. But it'll be nice to see a form of correction on 4H chart.
A 1 pip gain is better than a 1 pip loss.
  • #1,583
  • Nov 10, 2021 4:05am Nov 10, 2021 4:05am
Quoting aeternum
{quote} I think I agree with this too. Right now sellers are winning but there doesn't seem to be a real momentum push yet. It's just falling slowly. I'd love to see a double top followed with a strong bearish bar on 4H with room to drop minimally to 1807 or lower. Should it maintain above 1790 and get up to 1830 again, we'll probably break it. But right now it doesn't seem like it has that momentum. But then again it's gold, it can just keep going 1 way and never stop until we hit another wall. But it'll be nice to see a form of correction on 4H...
Yes we are on the same line of thinking, with the current momentum i dont think price will be forming a double top, more likely we will witness a drop soon
  • #1,584
  • Nov 10, 2021 4:28am Nov 10, 2021 4:28am
Quoting fxmasterdxb
{quote} Yes we are on the same line of thinking, with the current momentum i dont think price will be forming a double top, more likely we will witness a drop soon
Well we have CPI coming up. Hopefully positive news will give us catalyst for gold to drop further.

The current daily looks promising for a drop, hope it ends that way for some meaningful correction.
A 1 pip gain is better than a 1 pip loss.
  • #1,585
  • Nov 10, 2021 5:00am Nov 10, 2021 5:00am
I have been selling gold since 1832 with great hope and with full margin. I hope to go to holiday with a good profit by Friday
Lost in Narrative
  • #1,586
  • Nov 10, 2021 5:08am Nov 10, 2021 5:08am
Quoting R4sh
I have been selling gold since 1832 with great hope and with full margin. I hope to go to holiday with a good profit by Friday
My friend...you trade gold with full margin???
I wish you good luck!
You are allowed to fall but you are imposed to get up!
  • #1,587
  • Nov 10, 2021 5:11am Nov 10, 2021 5:11am
Quoting R4sh
I have been selling gold since 1832 with great hope and with full margin. I hope to go to holiday with a good profit by Friday
If you don't mind me asking, what lot size did you use?
  • #1,588
  • Nov 10, 2021 5:28am Nov 10, 2021 5:28am
Quoting R4sh
I have been selling gold since 1832 with great hope and with full margin. I hope to go to holiday with a good profit by Friday
Well that's one thing I'd never do. Gamble.
A 1 pip gain is better than a 1 pip loss.
  • #1,589
  • Nov 10, 2021 6:26am Nov 10, 2021 6:26am
Sold gold 1826
Stop loss 1829.80(will use trailing stops)
Take profit 1820
  • #1,590
  • Nov 10, 2021 6:53am Nov 10, 2021 6:53am
Quoting Trac
{quote} If you don't mind me asking, what lot size did you use?
A total of 1.5 lots
Lost in Narrative
  • #1,591
  • Nov 10, 2021 7:01am Nov 10, 2021 7:01am
Are you ready for the launch to 1848
  • #1,592
  • Nov 10, 2021 7:07am Nov 10, 2021 7:07am
No . What is ahead of us ... the fall
Lost in Narrative
  • #1,593
  • Nov 10, 2021 7:16am Nov 10, 2021 7:16am
Quoting AlfieSolomon
Sold gold 1826 Stop loss 1829.80(will use trailing stops) Take profit 1820
Added one more sell at 1827 stops same
  • #1,594
  • Nov 10, 2021 7:22am Nov 10, 2021 7:22am
Some inflation data coming. Could move the gold.
  • #1,595
  • Nov 10, 2021 7:32am Nov 10, 2021 7:32am
Quoting AlfieSolomon
{quote} Added one more sell at 1827 stops same
Closed both trades with one 40 and 45 pips profit
  • #1,596
  • Nov 10, 2021 7:34am Nov 10, 2021 7:34am
F*CK THIS SHITTTTT
Lost in Narrative
  • #1,597
  • Nov 10, 2021 7:36am Nov 10, 2021 7:36am
Quoting fxmasterdxb
Are you ready for the launch to 1848
Hats off sir
  • #1,598
  • Nov 10, 2021 7:36am Nov 10, 2021 7:36am
Quoting R4sh
F*CK THIS SHITTTTT
Bro why you holding just scalp it
  • #1,599
  • Nov 10, 2021 7:37am Nov 10, 2021 7:37am
Quoting AlfieSolomon
{quote} Hats off sir
Good you managed to TP your shorts!
  • #1,600
  • Nov 10, 2021 7:39am Nov 10, 2021 7:39am
Quoting fxmasterdxb
{quote} Good you managed to TP your shorts!
Yes sir i took my profit 40 pips are enough for me
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