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Attachments: Gold
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Gold

Bulls are in charge i am sure now now i will buy after PA confirmation
Quoting TrickorTrade
{quote} Price still look like it wants to go to my original target 1845. Will observe and enter long if it makes sense. Price about to hit my short SL
Closed short at 1:2 RR. Almost hit my SL missed by 0.2 pips.
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Hello everyone,first longs for the week,
Wish everyone green and safe trading week.
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wiki - Discipline. Consistency=$$$
Quoting SkullCandy
Hello everyone,first longs for the week, Wish everyone green and safe trading week. {image}
First 3 longs, last week wasnt good for me on gold,
That doesnt say that i need to hedge, but ive got to, lol
Not only 1 instrument is used, so Monthly result is still in profits,hope it will be more solid after these 3 longs, but only time will tell.
Out till price alarms notifications pop up,stay focused and trade safe.
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wiki - Discipline. Consistency=$$$
Based on 4H chart, 1784 is still holding up.

Will like to see prices close below 1784 for another leg down or close above 1811 for another leg up.

Breaking 1784 will probably give us another test of 1726 region again. However, there has not been any significant retracement since the last down move. It may still be possible for gold to bounce up to 1827 or even 1839 (based on fib retracements).
A 1 pip gain is better than a 1 pip loss.
Quoting SkullCandy
{quote} First 3 longs, last week wasnt good for me on gold, That doesnt say that i need to hedge, but ive got to, lol Not only 1 instrument is used, so Monthly result is still in profits,hope it will be more solid after these 3 longs, but only time will tell. Out till price alarms notifications pop up,stay focused and trade safe. {image}
Hello Comrades,
250 pips banked, morning couldnt get any better lol,i think ill be away till tomorrow ,atleast now im not certain where the price will go and for my ftmo account,there is enough profit to end the month.
2morrow new day,new fresh account and hunting will continue.
Gl and trade safe
wiki - Discipline. Consistency=$$$
Quoting aeternum
Based on 4H chart, 1784 is still holding up. Will like to see prices close below 1784 for another leg down or close above 1811 for another leg up. Breaking 1784 will probably give us another test of 1726 region again. However, there has not been any significant retracement since the last down move. It may still be possible for gold to bounce up to 1827 or even 1839 (based on fib retracements).
Jerome Powell decided that he is finally in the hawkish bandwagon. USD had a sharp spike after his speech with all USD related pairs falling against USD. Gold has broken past 1784 and into 1775. Next support level lies at 1762. Still looking for that seasonal gold bullishness in Dec-Jan along with new virus fears to see if gold has any strength left in it to go up but current price action isn't supporting any buying.
A 1 pip gain is better than a 1 pip loss.
Going to try this my old way of style but i do use higher tf as well now my plan for today as u can see that blue circle i am confused over that place if a reversal has been made it wont cross that place unless new reversal occurs otherwse it wil go up lets see what happens i will stay away unless new signal is genrated
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i remember i have seen this condition before but not sure it looks like bulls were in charge from here
Took a short on gold 1786.375
Id suggest to see H4 candle closure. I used lower risk and will stack another position if it goes my way
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Quoting TrickorTrade
Took a short on gold 1786.375 Id suggest to see H4 candle closure. I used lower risk and will stack another position if it goes my way {image} {image}
Hit my SL. On to the next trade
Quoting TrickorTrade
{quote} Hit my SL. On to the next trade
Call me mad. I just re-entered the short again with same low risk %
Quoting TrickorTrade
{quote} Call me mad. I just re-entered the short again with same low risk %
closed at breakeven. We see tmrw
Quoting TrickorTrade
{quote} Call me mad. I just re-entered the short again with same low risk %
Revenge trade will ruin your account.Trade patiently.Wait for best opportunity to come..........
Quoting TraderGokul
{quote} Revenge trade will ruin your account.Trade patiently.Wait for best opportunity to come..........
Haha not that. I understand.
My probabilities were strong and the trade did go my way.
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Hi everyone ,
Im shorting gold atleast for today,
2 entries for short attached below,and added 3rd one on 78
risking 2%, will see how market will react today. Risking 3% cause added third one
Good luck in hunting

Quoting SkullCandy
Hi everyone , Im shorting gold atleast for today, 2 entries for short attached below,and added 3rd one on 78 risking 2%, will see how market will react today. Risking 3% cause added third one Good luck in hunting {image}
Closed 3.5 % in profit ,collecting 155 pips from shorts.
And added one long to end the day.
Risking 1% for 1% profit, take care and good luck

Quoting SkullCandy
Hi everyone , Im shorting gold atleast for today, 2 entries for short attached below,and added 3rd one on 78 risking 2%, will see how market will react today. Risking 3% cause added third one Good luck in hunting {quote} Closed 3.5 % in profit ,collecting 155 pips from shorts. And added one long to end the day. Risking 1% for 1% profit, take care and good luck {image} {image} {image}
That was fast.
4.5% profit, thats the end of trading week for me for sure
Stay focused and trade safe. Good luck everyone and see you on Monday,
In advance,wish everyone calm weekend,take a rest
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wiki - Discipline. Consistency=$$$
Quoting aeternum
{quote} Jerome Powell decided that he is finally in the hawkish bandwagon. USD had a sharp spike after his speech with all USD related pairs falling against USD. Gold has broken past 1784 and into 1775. Next support level lies at 1762. Still looking for that seasonal gold bullishness in Dec-Jan along with new virus fears to see if gold has any strength left in it to go up but current price action isn't supporting any buying.
Looks like gold wants to see that 1762 level after all. Watch out for any knife through butter price action, we might end up even lower. Daily is approaching oversold territory slowly, I'm not sure if we have any wings to tap into 1726 but it is a Friday tomorrow with tons of US news so we may get a really whacky day tomorrow. But buyers are definitely losing here.
A 1 pip gain is better than a 1 pip loss.
Quoting aeternum
{quote} Looks like gold wants to see that 1762 level after all. Watch out for any knife through butter price action, we might end up even lower. Daily is approaching oversold territory slowly, I'm not sure if we have any wings to tap into 1726 but it is a Friday tomorrow with tons of US news so we may get a really whacky day tomorrow. But buyers are definitely losing here.
If my price alerts will work on 60 or 58 , ill put a long call .
Greed for cookie you know
wiki - Discipline. Consistency=$$$
Gold short setup is clean

Daily candles shows seller in control with the huge wick rejections
H4 shows clear break and retest setup of monthly level.
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AnneBonny