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  • #7,601
  • May 8, 2023 8:58pm May 8, 2023 8:58pm
Today also, we have not important news, just Chinese import/exports in an hour, and some UK index data. So, since yesterday we got into an accumulation zone, I cannot see huge moves today due to economic news. But let's see if the market behaves less boring than yesterday.
  • #7,602
  • Edited 10:00pm May 8, 2023 9:49pm | Edited 10:00pm
  •  Leebos
  • | Joined Aug 2012 | Status: I do not believe in a fate that fal | 75 Posts
This could be rather tactical, and mentally challenging 48hrs
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Beware of the market tempting you onto the wrong side of the bigger move.
  • #7,603
  • May 8, 2023 11:01pm May 8, 2023 11:01pm
Quoting Leebos
This could be rather tactical, and mentally challenging 48hrs{image} Beware of the market tempting you onto the wrong side of the bigger move.
Technical & SMC both points of views prices have a potential to reach up to 2050 area before the drop the most of traders are expecting.If we see as per SMC point view one more FVG above in 2040-2045 area and Order Block in 2050-2052 area that need to be filled before the expected heavy drop and as per Technical point of view as per my Fibonacci technical analyses price also need to touch at least 2050 before any potential drop to 1987,1977,1962,1950,1940 and more up to 1889 is expected.So Guys .....Double check your trade entries with double confirmation.Trade safe
  • #7,604
  • May 8, 2023 11:31pm May 8, 2023 11:31pm
Quoting jordiHK
I'm holding a Sell position at 2026,4 from yesterday. I moved the SL to BE. Let's see if bears can break this support between 2021 and 2017. Then we would move back to 2000 level.
BE hunted by spread. Waiting for Europe opening. Looks like 2020-17 level is a strong support.
  • #7,605
  • May 8, 2023 11:40pm May 8, 2023 11:40pm
Scalping Short again 2026,40. I like this zone 2026-29 to sell.
  • #7,606
  • May 9, 2023 12:25am May 9, 2023 12:25am
imo not above 2030th area.., Demark's DR1: 2032.81
can be wrong
dolce vita
  • #7,607
  • May 9, 2023 12:44am May 9, 2023 12:44am
shorting.., scalping.., watching if yesterday high will survive(?) for now
possible return to DPPs area
2023-2024 (?)
if so.., then
I do not know.., London will tell, not much time left
dolce vita
  • #7,608
  • May 9, 2023 1:15am May 9, 2023 1:15am
Quoting jordiHK
Scalping Short again 2026,40. I like this zone 2026-29 to sell.
I moved SL to BE once fall to 2025, then moved up again... . I will keep waiting
  • #7,609
  • May 9, 2023 1:18am May 9, 2023 1:18am
with gold the water might run up the mountain today, towards 2050.
I still don't know how that's supposed to work. But I'm already long in Gold. (and Ger40, AU, GU short)

XAUUSD M30
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DXY M30
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  • #7,610
  • May 9, 2023 1:38am May 9, 2023 1:38am
D1, the gold decline seems to have stopped.
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H1，2019-2030 could be the oscillation range for today. I would choose to go long in 2019 if I could, provided that price shows a clear signal to stop falling in 2019.
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Just follow the trend.
  • #7,611
  • Edited 2:11am May 9, 2023 1:58am | Edited 2:11am
cashed out my scalping (short).., few position left
H4 with VolumebyPrice
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...shows possible return to 2000th area.., what we've got there (?).., simply MPP (1995th)
...so we've got target to go for.., will she be interested(?)
dolce vita
  • #7,612
  • May 9, 2023 2:11am May 9, 2023 2:11am
Waiting for new high in upcoming days...

Trade safe
Its all about Timing!!!
  • #7,613
  • May 9, 2023 2:16am May 9, 2023 2:16am
Asking a basic question!
what is best broker to trade XAU/USD for US citizenship which gives some leverage?
  • #7,614
  • May 9, 2023 3:00am May 9, 2023 3:00am
Quoting Waves-Hunter
Asking a basic question! what is best broker to trade XAU/USD for US citizenship which gives some leverage?
Try Exness with Zero spread
  • #7,615
  • May 9, 2023 3:32am May 9, 2023 3:32am
Quoting kasrabehrad
{quote} Try Exness with Zero spread
I am long on gold with the TP 2049 until 2021.50 is holding. Trade safe
  • #7,616
  • May 9, 2023 4:28am May 9, 2023 4:28am
I am starting to buy 2022 TP 2035 but still i think price will go down to 2001. Lets see how it played during NY session.
Love for all; Hatred for none.
  • #7,617
  • May 9, 2023 4:42am May 9, 2023 4:42am
Quoting aahmad29
I am starting to buy 2022 TP 2035 but still i think price will go down to 2001. Lets see how it played during NY session.
think it will go down to 2001 for when? Do you expect it short term or long term
  • #7,618
  • May 9, 2023 4:54am May 9, 2023 4:54am
Shorted at 2028. Tight SL at 2030. TP 2022
  • #7,619
  • May 9, 2023 4:59am May 9, 2023 4:59am
Quoting aahmad29
I am starting to buy 2022 TP 2035 but still i think price will go down to 2001. Lets see how it played during NY session.
Yes......minimum 2000 & maximum 1980 is possible if 2032.50 hold and reject price strongly. It's 61.8% retracement level of 1H on my chart.For me if current 4H close above 2027.92 then the bulls will continue but 2032.50 must be keep in mind.Better to book profit in this area and search again new opportunity after proper confirmation.Trade safe
  • #7,620
  • May 9, 2023 5:08am May 9, 2023 5:08am
Looks like a crocodile zone at 2029, and still have 2030-33 zone as resistance if 2029 is broken. Same as 2021 now became a strong Support. Maybe we must wait till US.
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