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Gold

Hardly anyone talks here. Is there any other legit/official forum or chat with more active members?
Quoting waseeqali11
Hardly anyone talks here. Is there any other legit/official forum or chat with more active members?
you gotta find the right thread / discussion homie, there's plenty
Quoting waseeqali11
Hardly anyone talks here. Is there any other legit/official forum or chat with more active members?
It's a holiday week. Most banks are on holiday. Most traders are taking a break.

Not sure what you mean by legit/official forum. This forum is pretty legit/official
A 1 pip gain is better than a 1 pip loss.
I think this daily cycle is going to fail and looking short opportunity around 1830 area (0.618 fibo). Had to cancel my bullish view since weakness in metals. If dollar starts its declining phase and we get back to 95, I think 2022 is gold bugs year. Before that looking for short term decline (short term I mean 60 days)
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Quoting waseeqali11
Hardly anyone talks here. Is there any other legit/official forum or chat with more active members?
Most of us traders are off. We usually donot trade last week. Wait till Jan
#GOLD / H4
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Gold having a surge down, broke 1800 and now back at 1794.

For up trend, we shouldn't see a close below 1787. Ideally we want prices to bounce 1791-1793 and go towards 1825-1830
A 1 pip gain is better than a 1 pip loss.
Quoting aeternum
Gold having a surge down, broke 1800 and now back at 1794. For up trend, we shouldn't see a close below 1787. Ideally we want prices to bounce 1791-1793 and go towards 1725-1730
I think you mean 1825-1830
Observation is the path to discovery.
that's interesting, that we can see the same together. The problem is: If we can see it, then shark also see it. So far, is there any big bite of shark for killing us ?
Quoting Alorente
{quote} I think you mean 1825-1830
Ah yes sorry. Hit the wrong digits. We saw a pretty decent bounce so far from 1790 but we got capped at 1805 support turned resistance and price is starting to turn lower. Breaking 1785 would be significantly poor for the bullish outlook.
A 1 pip gain is better than a 1 pip loss.
Good example of what they can do with thin markets - it's a great opportunity for chart painting so enjoy the theatrics.
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Quoting sboy.s63
{quote} update {image}
update
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Hi!
Meaning that, the price will go down or we se towards 1835.
Quoting aeternum
{quote} Ah yes sorry. Hit the wrong digits. We saw a pretty decent bounce so far from 1790 but we got capped at 1805 support turned resistance and price is starting to turn lower. Breaking 1785 would be significantly poor for the bullish outlook.
Hi, Well predicted 1830 on the cards.. what is your current view on Gold? Will it still go up ?
Quoting forkstrader
{quote} Hi, Well predicted 1830 on the cards.. what is your current view on Gold? Will it still go up ?
That's mean Gold Down Trend started on January 2022.

I'll SELL GOLD on Monday.
Quoting aeternum
Gold having a surge down, broke 1800 and now back at 1794. For up trend, we shouldn't see a close below 1787. Ideally we want prices to bounce 1791-1793 and go towards 1825-1830
Well prices bounced from 1789/90 and hit 1830. Time to see what price does here, if it wants 1850.

Retracement first level of support comes in around 1811 based on larger time frame although 1823/24 area seems possible for a light bounce too.
A 1 pip gain is better than a 1 pip loss.
How do you guys practice trading in general not just gold, personally I use the replay tool in tradingview and then take trades like they're real time and then put my results in a spreadsheet. How do you guys do it?
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the Gold rate goes to the upper highs.
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6 traders viewing now, 4 are members:
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parveenverma
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Preethi