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  • #1,881
  • Dec 2, 2021 9:11am Dec 2, 2021 9:11am
Quoting SkullCandy
{quote} I like how pa moves with aussie aswell, so ill try this one aswell, lets see where greed brings me to {image}
Sick day, and i wonder what Yellen speaks about out there, but i own her a cookie,
more than 5.5 % in profit for new month, crazy start . Enough of greed, time for a tea and calm down,guess ill go outside to play with a kid,lots of snow in my country today.
Wish everyone luck,and dont be greedy, if you are,remember your Targets before going crazy mode,
Happy hunting
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #1,882
  • Dec 2, 2021 9:17am Dec 2, 2021 9:17am
1763 - 1759 could be a good bottom i think
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  • #1,883
  • Dec 2, 2021 9:23am Dec 2, 2021 9:23am
Quoting antoe
1763 - 1759 could be a good bottom i think {image}
I think the same amigo,
Last month of this year, I would say it most likely will end in Bullish, so I prefer taking more longs then shorts.
If the weekly candle will close 56-6* area, ill be putting more longs for another week. We will see, at the moment Im side position and writing down the notes, not to be greedy even the results are green, but if they werent,would not be so great,cause always writing down same thing about GREED. Anyways,will upgrade maybe my skills not to forget that rule lol
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #1,884
  • Dec 2, 2021 9:57am Dec 2, 2021 9:57am
Quoting SkullCandy
{quote} I think the same amigo, Last month of this year, I would say it most likely will end in Bullish, so I prefer taking more longs then shorts. If the weekly candle will close 56-6* area, ill be putting more longs for another week. We will see, at the moment Im side position and writing down the notes, not to be greedy even the results are green, but if they werent,would not be so great,cause always writing down same thing about GREED. Anyways,will upgrade maybe my skills not to forget that rule lol
just put your SL as BE ,
you already got a lot of pips..
please greedy.. lol

if we going to north i see 1900 as good area.
dont forget your wear your coat..
  • #1,885
  • Dec 2, 2021 9:57am Dec 2, 2021 9:57am
Quoting SkullCandy
{quote} I think the same amigo, Last month of this year, I would say it most likely will end in Bullish, so I prefer taking more longs then shorts. If the weekly candle will close 56-6* area, ill be putting more longs for another week. We will see, at the moment Im side position and writing down the notes, not to be greedy even the results are green, but if they werent,would not be so great,cause always writing down same thing about GREED. Anyways,will upgrade maybe my skills not to forget that rule lol
Yeah I am also expecting seasonal bullishness for gold but not with the current price action. Going to just sit around and wait until I see something good to jump in on.

I see you go for a rather large position for a quick scalp in markets, feels pretty dangerous to me. I have been scalping gold for the entire year and I've had both good results and extremely bad results due to greed and adding into losing trades. But I'm afraid to do that now. Just looking at the bigger time frames and waiting for the decent moves to come for somewhat of a swing trade I guess.
A 1 pip gain is better than a 1 pip loss.
  • #1,886
  • Dec 2, 2021 10:23am Dec 2, 2021 10:23am
Hi,
Im new to trading and have a question. Is there any chance that the gold will reach 1782 tomorrow?
or we se more down towards 1726?
  • #1,887
  • Dec 2, 2021 10:57am Dec 2, 2021 10:57am
Quoting winnie.kumar
Hi, Im new to trading and have a question. Is there any chance that the gold will reach 1782 tomorrow? or we se more down towards 1726?
i think in my opinion i will wait till daily close today , if she make some good tail, i will look a confirmation after hopefully make some Bullish Engulfing, that will be great.
  • #1,888
  • Dec 2, 2021 11:01am Dec 2, 2021 11:01am
Quoting winnie.kumar
Hi, Im new to trading and have a question. Is there any chance that the gold will reach 1782 tomorrow? or we se more down towards 1726?
Gold will Bearish/ Down to Daily Support on 1743.
  • #1,889
  • Dec 2, 2021 11:45am Dec 2, 2021 11:45am
Thanks!
I made a mistake and hope to take loss and fix it.
  • #1,890
  • Dec 3, 2021 2:06am Dec 3, 2021 2:06am
Took a short at 1772.36
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  • #1,891
  • Dec 3, 2021 4:11am Dec 3, 2021 4:11am
Dont forget its Friday mens,
After Ny gold loves to act fishy ,just to remember. Trade safe and i wish everyone happy weekend,
See you on Sunday/Monday, take care and gl
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #1,892
  • Dec 3, 2021 5:05am Dec 3, 2021 5:05am
Quoting SkullCandy
Dont forget its Friday mens, After Ny gold loves to act fishy ,just to remember. Trade safe and i wish everyone happy weekend, See you on Sunday/Monday, take care and gl
Gold is always sus... Yet I guess the volatility is why people love it.
A 1 pip gain is better than a 1 pip loss.
  • #1,893
  • Dec 3, 2021 6:17am Dec 3, 2021 6:17am
Best opportunity for buying xauusd.Find a better entry.Risk management is important.
  • #1,894
  • Dec 3, 2021 8:00am Dec 3, 2021 8:00am
I believe in price action.Bears are exhausted.Bulls take charge by next week.
  • #1,895
  • Dec 3, 2021 8:26am Dec 3, 2021 8:26am
that was a good short which could have been taken, it went up and came down also. one have had long and place a sell order 1777,2 with tp of 1770.6 in my opinion.
  • #1,896
  • Dec 3, 2021 8:30am Dec 3, 2021 8:30am
Quoting TraderGokul
I believe in price action.Bears are exhausted.Bulls take charge by next week.
Well, I won't say they're exhausted considering we've formed quite a few lower lows. But I feel that if you look at the daily, gold should give some form of retracement.

But I find that I always repeat this about gold and go nowhere because gold actually doesn't care what you think and goes wherever it wants and retraces wherever it wants. Point is not to chase after a trade but wait for confirmation.

And right now, what I can see is USD getting stronger, also when we broke 1774, we kinda went back to retest it over the past day or two. I'll consider 1762 to be of decent support because of Nov lows but breaking 1762 is definitely not good. In fact breaking it might just start a whole load of gold selling once again straight into 1726. Right now I'd still prefer to see some upside to gold, some form of retracement at least to 1831 where I feel it has not respected at all on the previous drop.
A 1 pip gain is better than a 1 pip loss.
  • #1,897
  • Dec 3, 2021 8:41am Dec 3, 2021 8:41am
The best thing that Gold can do ...
is to stay above 1772 ... otherwise a long trade is dangerous
The best thing that can happen to you is to find out where you're wrong.
  • #1,898
  • Dec 3, 2021 9:53am Dec 3, 2021 9:53am
In the midterm, I think the expected tapering/rate hikes keep fundamentals short; if we have a retrace, I feel it'll only be a technical one; except some significant unexpected news pops up..either bad for USD or good for gold; then bulls would be back in control..

Long term though, most central banks and big players are loading up on gold..
  • #1,899
  • Dec 3, 2021 10:39am Dec 3, 2021 10:39am
Gold likely with ongoing global crisis perhaps with u turn of pandemic, so like oil, eurusd most probable playing a last leg down before good up again!! So 1717, 1684, 65 likely test next!! Even 1450 breaks possible!! In any great disaster if, like pandemic global death 20k or much more day! Take care, fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,900
  • Dec 3, 2021 12:45pm Dec 3, 2021 12:45pm
Quoting TrickorTrade
Took a short at 1772.36 {image}
NFP wicked out. Oh well trading on NFP days comes with risks. On to next trade
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