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Gold

Quoting ForexGoose
{quote} hopeful that it won't break 1767 soon if it does hit my stop loss, then I will wait to short the smelly Jackson hole tomorrow when bulls start buying the dollar again {image}
Weekly PP is at 1764
Love for all; Hatred for none.
Quoting Nicco31
unfortunately my analysis was wrong... on h4 timeframe gold shows downward movement now. so i lost about a $2000. now i prefer wait untill the rebond. but if you want have quick win then open sell position right now.
Gold loves to hit both ways.
Technically looms what he wants for 1830 to 38.2% and MA100 for daily.
For me, it is just another attempt to hunt SL. I am trading gold since this April and every time during strong trend, price go at middle point (between my bearish and bullish targets). So far H4 candle didn’t close above weekly PP so I will stay with bearish trend. I will hold my all positions (sell and buy) with final targets 1723 and 1796 respectively. Some short positions are set for extended target of 1705.
Love for all; Hatred for none.
Quoting ForexGoose
sold from 1753, stop above 1767, target is 1721 and below {image}
exited position as the price is not going where I would like it to
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
i need signal for London Period
Maybe Gold could rally towards 1784 and then fall back down after Powell stops talking today. I don't expect Gold to be bullish if the FED is very hawkish. Real rates benefit the Dollar more than the non-yielding Gold.
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
Maybe Gold could rally towards 1784 and then fall back down after Powell stops talking today. I don't expect Gold to be bullish if the FED is very hawkish. Real rates benefit the Dollar more than the non-yielding Gold. {image}

Thanks for your view
Jackson's Hole is being sold, enjoy the party
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-26_10-45-19.png Size: 36 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting aahmad29
{quote} 1. Sell 1751 - 1730 2. Buy 1743 - 1753 3. Buy 1757 - 1762 1400 points to go. Target = 5000 points out of 10 positions {image}
1. Sell 1751 - 1730
2. Buy 1743 - 1753
3. Buy 1757 - 1762
4. Sell 1756 - 1748.75

609 points to go. Target = 5000 points out of 10 positions


As i mentioned in earlier post that weekly PP is very important. I will start thinking about bullish trend when H4 candle close above 1764 today.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 31 KB
Love for all; Hatred for none.
The Party Has started
Quoting aahmad29
{quote} 1. Sell 1751 - 1730 2. Buy 1743 - 1753 3. Buy 1757 - 1762 4. Sell 1756 - 1748.75 609 points to go. Target = 5000 points out of 10 positions As i mentioned in earlier post that weekly PP is very important. I will start thinking about bullish trend when H4 candle close above 1764 today. {image}
1. Sell 1751 - 1730
2. Buy 1743 - 1753
3. Buy 1757 - 1762
4. Sell 1756 - 1748.75
5. Sell 1747 - 1737

Achieved my target with 5414 points.

Target = 5000 points out of 10 positions
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 34 KB
Love for all; Hatred for none.
I am setting up another target for me.

Target = 5000 points out of 10 positions

Final targets:

Bearish target 1723 and extended target 1705
Bullish target 1796
Love for all; Hatred for none.
With Powell so hawkish, I think a re-visit under 1700 will happen soon.
sold from 1736, stop loss above 1750, targets 1721 and 1683
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-28_18-34-54.png Size: 35 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • Post #3,256
  • Quote
  • Edited Aug 29, 2022 3:27am Aug 28, 2022 10:11pm | Edited Aug 29, 2022 3:27am
Quoting aahmad29
I am setting up another target for me. Target = 5000 points out of 10 positions Final targets: Bearish target 1723 and extended target 1705 Bullish target 1796
Closed 2 short positions @1725

1. Sell 1740 - 1725
2. Sell 1733 - 1725

2700 Points to go. Target = 5000 points out of 10 positions
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 25 KB
Love for all; Hatred for none.
Quoting ForexGoose
sold from 1736, stop loss above 1750, targets 1721 and 1683 {image}
no change in my view and I think that any rally towards the 1736 area will be sold in the near-term
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-29_08-04-35.png Size: 37 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
{quote} no change in my view and I think that any rally towards the 1736 area will be sold in the near-term {image}
maybe I am wrong

Gold is tricky to trade after the NY open for me today
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-29_10-14-19.png Size: 36 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting aahmad29
{quote} Closed 2 short positions @1725 1. Sell 1740 - 1725 2. Sell 1733 - 1725 2700 Points to go. Target = 5000 points out of 10 positions {image}
Another long position closed.

1. Sell 1740 - 1725
2. Sell 1733 - 1725
3. Buy 1733 - 1740

2000 Points to go. Target = 5000 points out of 10 positions
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 31 KB
Love for all; Hatred for none.
on h4 timeframe gold has grown and now it shows descending movement. let see. for now i'm in profit on sell.
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