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  • #7,401
  • May 2, 2023 9:14pm May 2, 2023 9:14pm
Quoting Xauusdscalpr
{quote} I see we tested 2019 yesterday, I assume this is what you have been waiting for? my question though is aren't you concerned about the fundamental news currently going around about banks, FED rates etc. that may have an impact on gold and force it up instead of down to 1900 like you are targetting in your post? I am also looking for sells on my own charts, but curious how you would interpret all this "noise"
Hey Xauusdscalpr! Sorry for late reply.Actually while you quote my post that time was early morning 5 AM in India so I was sleeping that time.Actually its my charts that provide me this prediction.My total trading is based in Fibonacci only so I cannot deny its single one level. This area I am mentioning is 61.8% retracement level of my 4H TF chart.I am expecting maximum pump to 2031 and quick pullback to 2018-20 area again.If this area hold then I am targeting 161.8% area.But I double confirm my trade entries always and suggest fellow traders to do so with their own best trading system because nobody can predict the market 100% so I can be wrong.Trade safe
  • #7,402
  • May 2, 2023 9:18pm May 2, 2023 9:18pm
Quoting parveenverma
{quote}Hey Xauusdscalpr! Sorry for late reply.Actually while you quote my post that time was early morning 5 AM in India so I was sleeping that time.Actually its my charts that provide me this prediction.My total trading is based in Fibonacci only so I cannot deny its single one level. This area I am mentioning is 61.8% retracement level of my 4H TF chart.I am expecting maximum pump to 2031 and quick pullback to 2018-20 area again.If this area hold then I am targeting 161.8% area.But I double confirm my trade entries always and suggest fellow traders...
Brother a chart explaining Fibonacci levels would be a good help.
Failure is the mother of success: learn from 'her'
  • #7,403
  • May 2, 2023 9:40pm May 2, 2023 9:40pm
Quoting K7420
{quote} Brother a chart explaining Fibonacci levels would be a good help.
Sure Dear ......Here is my 4H chart.Actually I do not prefer to post chart because these are full of Fibonacci levels that can create confusion to fellow traders here but these levels are edge of my trading.Trade safe

Edit: The thick colored line on my charts are also fibonacci levels of 4H,Daily,Weekly & Monthly TFs. I do not use S&Rs in my trading.All are only pure fibonacci levels.
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  • #7,404
  • May 3, 2023 12:10am May 3, 2023 12:10am
Im shorting gold with target 1950.00 area...SL above 2020.00. Hopefully its.work...
  • #7,405
  • May 3, 2023 1:34am May 3, 2023 1:34am
Quoting parveenverma
{quote}Sure Dear ......Here is my 4H chart.Actually I do not prefer to post chart because these are full of Fibonacci levels that can create confusion to fellow traders here but these levels are edge of my trading.Trade safe Edit: The thick colored line on my charts are also fibonacci levels of 4H,Daily,Weekly & Monthly TFs. I do not use S&Rs in my trading.All are only pure fibonacci levels. {image}
The best area for sell become between 2020 to 2023 area.I will try to search sell entry in that area for the Target 1982 then 1977 first and if both broken then 1950 & 1939.Trade safe
  • #7,406
  • May 3, 2023 1:44am May 3, 2023 1:44am
There are banking problems. Gold might go upwards if FED doesn’t want to increase the rates more than 0.25 for some time.
  • #7,407
  • May 3, 2023 2:12am May 3, 2023 2:12am
#GOLD / H1
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  • #7,408
  • May 3, 2023 6:40am May 3, 2023 6:40am
Hi friends.

Is there anyone have any idea about "ADP Non-Farm Employment Change" that will be released in about 30 minutes?
  • #7,409
  • May 3, 2023 6:46am May 3, 2023 6:46am
Quoting ImanAlibeigi
Hi friends. Is there anyone have any idea about "ADP Non-Farm Employment Change" that will be released in about 30 minutes?
https://www.babypips.com/forexpedia/...(NFP)%20report.
What’s the difference between the ADP National Employment Report and the NFP report?
We only trade when there is AGREEMENT. Get 1% Better Each Day!
  • #7,410
  • May 3, 2023 7:43am May 3, 2023 7:43am
Quoting deaftrader
{quote} https://www.babypips.com/forexpedia/...(NFP)%20report. What’s the difference between the ADP National Employment Report and the NFP report?
The first Thursday of each month is invariably sandwiched between two job market reports, namely the ADP private sector payrolls report — released by human resources and management software and services provider Automatic Data Processing (NASDAQ: ADP) — and the Department of Labor's monthly non-farm payrolls report.
  • #7,411
  • May 3, 2023 8:15am May 3, 2023 8:15am
Quoting aahmad29
I am starting selling at 2002 with TP 1990
Closed all positions at 2008. I do not want to take risk. One position closed in loss and others in profit.

2018 - 2008
2015-2008
2010-2008
2002-2008

At this moment i will wait for news and will take some positions after FOMC
Love for all; Hatred for none.
  • #7,412
  • May 3, 2023 10:38am May 3, 2023 10:38am
Hey guys.

Gold right now we have tapped a 4h level to sell. That being said there is also another level slightly higher that can be hit instead.
We had a consolidation with a break of the box. Now I anticipate we have a retest of some sort, but rates can change direction. Personally I feel gold will drop with news. We were in a downward tl with a solid support (down wedge) we now broke the wedge higher as a fake push which also was a push towards pulling more liquidity out for a solid down move.
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"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #7,413
  • May 3, 2023 10:45am May 3, 2023 10:45am
Quoting mastersplint
Hey guys. Gold right now we have tapped a 4h level to sell. That being said there is also another level slightly higher that can be hit instead. We had a consolidation with a break of the box. Now I anticipate we have a retest of some sort, but rates can change direction. Personally I feel gold will drop with news. We were in a downward tl with a solid support (down wedge) we now broke the wedge higher as a fake push which also was a push towards pulling more liquidity out for a solid down move. {image}
Hi master, thanks for your insights, Praveen also mentioned this in a way, but appreciate this highly
"Who Dares Wins"
  • #7,414
  • Edited 11:55am May 3, 2023 11:36am | Edited 11:55am
Big money is long on Gold as retail traders short GOLD....News might short GOLD going after longs stop loss, I'm #XAUUSD bullish if it gives me a retest @2001.054
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  • #7,415
  • May 3, 2023 11:36am May 3, 2023 11:36am
Hi, I'm just learning, but I noticed a 1h divergence
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  • #7,416
  • May 3, 2023 11:42am May 3, 2023 11:42am
Quoting jordiHK
{quote} Added SELL at 2018
I closed my 2 Sell positions before, facing the news
Sell 2010,10 ->2012
Sell 2018 -> 2012

I still think it will move down, directly or after a spike reaching 2031-2032 and later falling. But I will stay expecting.
  • #7,417
  • May 3, 2023 11:53am May 3, 2023 11:53am
Quoting jordiHK
{quote} I closed my 2 Sell positions before, facing the news Sell 2010,10 ->2012 Sell 2018 -> 2012 I still think it will move down, directly or after a spike reaching 2031-2032 and later falling. But I will stay expecting.

news might give a spike down and retest 2001 area, only then will i go long on Gold
  • #7,418
  • May 3, 2023 12:03pm May 3, 2023 12:03pm
gold will touch 2031 before dropping further, my sell area is around 2031-2035 with a target around 2012, stop area 2048
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  • #7,419
  • May 3, 2023 12:40pm May 3, 2023 12:40pm
2050 probably coming. Maybe even more
  • #7,420
  • May 3, 2023 12:45pm May 3, 2023 12:45pm
Quoting Eren10
2050 probably coming. Maybe even more
Yes new ATHs coming I'm sure I have a feeling news will make it happen
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