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Gold

First stop 1817....maybe...?
Stay green!!!
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.
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
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.
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
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!
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?
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.
Sold gold 1826
Stop loss 1829.80(will use trailing stops)
Take profit 1820
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
Are you ready for the launch to 1848
No . What is ahead of us ... the fall
Lost in Narrative
Quoting AlfieSolomon
Sold gold 1826 Stop loss 1829.80(will use trailing stops) Take profit 1820
Added one more sell at 1827 stops same
Some inflation data coming. Could move the gold.
Quoting AlfieSolomon
{quote} Added one more sell at 1827 stops same
Closed both trades with one 40 and 45 pips profit
F*CK THIS SHITTTTT
Lost in Narrative
Quoting fxmasterdxb
Are you ready for the launch to 1848
Hats off sir
Quoting R4sh
F*CK THIS SHITTTTT
Bro why you holding just scalp it
Quoting AlfieSolomon
{quote} Hats off sir
Good you managed to TP your shorts!
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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