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Gold

  • #8,121
  • May 18, 2023 12:57am May 18, 2023 12:57am
1975 - 1954 - 1999
  • #8,122
  • May 18, 2023 1:19am May 18, 2023 1:19am
Quoting Xautrucho
Hello everyone! Today I will be looking for a retest at 1972.9 for a long position, from there I would like and see gold move as high as 2001. Stop loss 25pips, TP 35ticks. Stay Alive
Let's see what we may do here fellow bulls

Let's focus on price action from April 19. There we will see where we collect profit. Stay Alive!
Getting green but seldom seen
  • #8,123
  • May 18, 2023 1:24am May 18, 2023 1:24am
bulls gon get wrecked, its going to 1958
  • #8,124
  • May 18, 2023 1:33am May 18, 2023 1:33am
Quoting shay14
bulls gon get wrecked, its going to 1958
on basis of what? 1969 is pretty strong, and can make a liquidity grab towards that and then shoot up, potentially.
"Who Dares Wins"
  • #8,125
  • May 18, 2023 1:34am May 18, 2023 1:34am
Quoting shay14
bulls gon get wrecked, its going to 1958
Where you trying to short? Or gonna seek long at 1952?
Getting green but seldom seen
  • #8,126
  • May 18, 2023 1:35am May 18, 2023 1:35am
Gold fell and did not accelerate, did not extend the decline, it is still in the area of support.
Hard times.
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Just follow the trend.
  • #8,127
  • May 18, 2023 1:41am May 18, 2023 1:41am
Quoting lucaswalliam
Gold fell and did not accelerate, did not extend the decline, it is still in the area of support. Hard times. {image}
I am on tenter hooks too man. 1970 can be strong support, therefore I am waiting for it to test and break it, before selling @ 1968. Otherwise, it is re-testing 1975, which held couple of times before as support. If it breaks through, tests and holds, then a scalp buy in the least wouldn't be a bad idea, although news is steadily on the way. And maybe even in NY open it can go down further, or retrace back up to 1985 or 1997.
"Who Dares Wins"
  • #8,128
  • May 18, 2023 1:48am May 18, 2023 1:48am
Quoting Ravenfeeder
{quote} I am on tenter hooks too man. 1970 can be strong support, therefore I am waiting for it to test and break it, before selling @ 1968. Otherwise, it is re-testing 1975, which held couple of times before as support. If it breaks through, tests and holds, then a scalp buy in the least wouldn't be a bad idea, although news is steadily on the way. And maybe even in NY open it can go down further, or retrace back up to 1985 or 1997.
Yes, I think a 1968 sell is appropriate.
The large long position that price accumulated in 1970-1975 will most likely be accompanied by acceleration if it effectively breaks down.
Just follow the trend.
  • #8,129
  • May 18, 2023 1:51am May 18, 2023 1:51am
Quoting Ravenfeeder
{quote} on basis of what? 1969 is pretty strong, and can make a liquidity grab towards that and then shoot up, potentially.
monthly fibonacci pivot was 1996, the daily convincingly closed below it, it might retrace slightly but ultimately its going down to its next support
  • #8,130
  • May 18, 2023 1:53am May 18, 2023 1:53am
  •  Leebos
  • | Joined Aug 2012 | Status: I do not believe in a fate that fal | 75 Posts
Quoting Isabella_D
https://www.forexfactory.com/thread/...0#post14429030 What is the problem? Don't want to proselytize here, everyone chooses a different approach to the market. I assumed that one or the other would be interested in the presentation of the market environment, in which gold is currently moving. Does it make sense to worry about gold going long when bond yields are high? What if the short-dated interest rates are higher than the long-dated ones? What to expect if USDX shows great strength? The amplitude shows how far away or close...
I think you misinterpreted my flattery as criticism.
  • #8,131
  • Edited 3:13am May 18, 2023 2:07am | Edited 3:13am
Quoting Leebos
{quote} I think you misinterpreted my flattery as criticism.
hhhm....I didn't notice flattery.
And neither criticism. If criticism was appropriate? ... Creating clarity is always good.

I am out of my first step short (ocher color), looking now for longs for %30/60/90?100+++ retracement. This could take a while.
Or relatively quickly if there is an agreement on the debt brake.
I'm not buying any lows now.
See you all a little bit later.
https://www.forexfactory.com/thread/...5#post14418105
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  • #8,132
  • May 18, 2023 2:17am May 18, 2023 2:17am
i am going to buy at 1974 tp 1985
stop 1970
  • #8,133
  • May 18, 2023 2:31am May 18, 2023 2:31am
which god do i have to pray for gold to reach 2012?
  • #8,134
  • May 18, 2023 2:33am May 18, 2023 2:33am
Quoting jordanvic
which god do i have to pray for gold to reach 2012?
Jerome Powell. He takes stage this Friday, pray hard lol
Getting green but seldom seen
  • #8,135
  • May 18, 2023 2:38am May 18, 2023 2:38am
Quoting Ras62
i am going to buy at 1974 tp 1985 stop 1970
What's up with that pattern at 1982.4? I wish for gold to reach at least 1997.8 but that pattern makes me want to reconsider and sit out until that pattern is addressed. What do you think?
Getting green but seldom seen
  • #8,136
  • May 18, 2023 2:56am May 18, 2023 2:56am
Quoting Xautrucho
{quote} What's up with that pattern at 1982.4? I wish for gold to reach at least 1997.8 but that pattern makes me want to reconsider and sit out until that pattern is addressed. What do you think?

hi
i use Fibo Channel in my chart

The price should touch my channel on the chart below 1972
Because The price did not do this
so goes up to 1985 and fall down to my channel
then agian goes to 1997+ AT LEAST
this is my idea.trade safe
  • #8,137
  • May 18, 2023 3:26am May 18, 2023 3:26am
Quoting eatit007
{quote} 1982 1978 - a wick through them will be perfect to add to long. {image}
been adding to long.
average entry is 1977.
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Everything is cyclic.
  • #8,138
  • May 18, 2023 3:48am May 18, 2023 3:48am
Quoting Isabella_D
https://www.forexfactory.com/thread/...0#post14429030 What is the problem? Don't want to proselytize here, everyone chooses a different approach to the market. I assumed that one or the other would be interested in the presentation of the market environment, in which gold is currently moving. Does it make sense to worry about gold going long when bond yields are high? What if the short-dated interest rates are higher than the long-dated ones? What to expect if USDX shows great strength? The amplitude shows how far away or close...
Hi Isabella! Can I change the language of stooq.pl site to english? I tried to search language icon there but not found.Trade safe
  • #8,139
  • May 18, 2023 4:07am May 18, 2023 4:07am
Quoting parveenverma
{quote}Hi Isabella! Can I change the language of stooq.pl site to english? I tried to search language icon there but not found.Trade safe
use this link to read in english : https://stooq-pl.translate.goog/?_x_..._x_tr_pto=wapp
Join My Signal On Telegram at @forextradingforlivingsignal
  • #8,140
  • May 18, 2023 4:10am May 18, 2023 4:10am
Quoting animedia
{quote} use this link to read in english : https://stooq-pl.translate.goog/?_x_..._x_tr_pto=wapp
Thanks Dear.Happy Trading
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