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Gold

Here are two signs which showed bearish momentum because two FVG developed (two stars). There is week resistance is developing with Red line. I am posting both charts. One i already posted in my recent posts and you can see price hit FVG but couldn't fill it up so market is undecided. My Buy Limit got executed at circle at FVG and hit [email protected]
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Love for all; Hatred for none.
similar situation & on gold ...
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For trading I use - SNF-Complex ... TESTED on DATA from 1970 .............
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Gold h1 revers model -
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For trading I use - SNF-Complex ... TESTED on DATA from 1970 .............
1930 is holding resistance and 1920 holding support. Let’s see if price go and fill up FVG at 1920 and 1912 or 1940-1947. But so far bears are in control temporarily and trying to fill gaps
Love for all; Hatred for none.
FVG based on M15 timeframe:

Circles are marked at FVG where price tried to fill the gap but rejection happened.
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Love for all; Hatred for none.
In my opinion, Today Gold resistance moves down, the current resistance is 1930
The support has not changed and is still 1920.
It shows that the space for gold shocks has narrowed.
Spread loyalty, build up business relationship
Sell 1904 tgt 1877--------with in 45 days
Quoting ForexGoose
it looks bearish on h4 chart for the rest of day maybe there will be a dump towards 1900
buy limit set at 1895, stop loss under 1885, target 1920+

Gold could fall further into the FOMC meeting, but then rebound higher if the FED is not that hawkish
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
selling from 1921
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It is going to 1930
Quoting abimalik
selling from 1921
Interesting views here... I reckon also down again, until at least 1916 again, or 1911, but data is around the corner...
Three short entries between gaps. One long entry.
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Love for all; Hatred for none.
Hope will break that high, will stick to the trend.
wise man say, only fools rush in
sold from 1923, stop loss above 1930, take profit at 1900

maybe it will be bearish until after the FOMC
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
Quoting ForexGoose
sold from 1923, stop loss above 1930, take profit at 1900 maybe it will be bearish until after the FOMC
I am also with you on this trade but i had my opinion that price will rebound from 1934 (red line).
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Love for all; Hatred for none.
Quoting aahmad29
Three short entries between gaps. One long entry. {image}
can the long sell enter now ?
Quoting omfedaty
{quote}can the long sell enter now ?
Tomorrow is FOMC , so be careful for any trade. If you are new to trading then wait for market to cool down after FOMC and then place trade.
Love for all; Hatred for none.
there are already six bullish candle in a row..,
Weekly
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and February MPP (Classic is 1900.50 & DeMark's 1912.69).., for two previous months are "missing"
Daily (charting with fxstreet)
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.., will this week CLOSE be under 1927.74 (weekly open price)!?, kind of rhetorical question
dolce vita
1931 looks pretty solid resistance for now.
Im short from there, waiting for market to move and we'll see.
Novice Scalper, lots to learn. 100k goal next!
With my analysis of gold, I expect it to reach 1938, the monthly resistance.
And if it surpasses the monthly resistance, I expect it to reach 1950.9, the weekly resistance
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