Gold | Page 589 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #11,761
  • Jul 10, 2023 7:37am Jul 10, 2023 7:37am
Gold broke the H1 and H4 moving average so 1905 might be starting to look like the next key resistance.
  • #11,762
  • Jul 10, 2023 7:39am Jul 10, 2023 7:39am
Quoting Zebi
{quote} not anymore got errands...busy today
Suits me fine, booked $500 profit off my over-weekend Silver shorts.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
  • #11,763
  • Jul 10, 2023 7:40am Jul 10, 2023 7:40am
Quoting SkullCandy
I see lots of posts not mentioning any trades or views on gold. Trash. Of those super traders and scammers, sometimes just trying to skip ff , Anyway... Gold Shorted, good RR, after mixed lasts week Data, ill try to short this gorgeous metal. Happy hunting and trade safe. {image}

2.71 RR banked.
Like i always say to others, if you want to bring quality to this Thread, try to post winners and loosers, we all here for Getting right information.
I always try to post before and after. If needed and in the middle. Cause when i started long time ago, I loved to see the entries from ppl that i Learned.
Good luck and have a nice day .
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #11,764
  • Jul 10, 2023 7:51am Jul 10, 2023 7:51am
Quoting Xauusdscalpr
Price should now continue down to sub 1900 after breaking these lows, failure to close above the range on the daily timeframe set this up nicely. 1870 next target, won't be seeing 1950s for a while now
I don't think we will see 1950s anytime soon, but there is a demand line at 1905 so 1870 may not come quickly either.
Let's see what happens at 1905.
Just my two cents.
  • #11,765
  • Jul 10, 2023 7:58am Jul 10, 2023 7:58am
Quoting RamonFx2
{quote} I don't think we will see 1950s anytime soon, but there is a demand line at 1905 so 1870 may not come quickly either. Let's see what happens at 1905. Just my two cents.
Just earlier today you were defending the bulls.

Piece of advice, you can always hedge both ways because you won't always be certain of the outcome. And always use risk management along with that.
  • #11,766
  • Jul 10, 2023 8:02am Jul 10, 2023 8:02am
Biriuful start to the week.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB


Feels even better with a $180 withdrawal!

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB
  • #11,767
  • Jul 10, 2023 8:03am Jul 10, 2023 8:03am
Quoting ObadaAdel
{quote} Just earlier today you were defending the bulls. Piece of advice, you can always hedge both ways because you won't always be certain of the outcome. And always use risk management along with that.
I wasn't bullish, I just wasn't bearish yet. One can be bearish but it doesn't mean it drops immediately.

Like for now. If you were to take a gun and point at me to execute a trade right now, I would hit sell. But realistically, I am not hitting sell at this levels.
  • #11,768
  • Jul 10, 2023 8:06am Jul 10, 2023 8:06am
Quoting David-Roddel
{quote} Hi folks. The monster is awake. I see the inverse H&S failing at breaking the neck. Price pushing hard but there must be lotof buyers waiting for sure.. Sold at 1924 {image}
1924 sell closed and booked at 1914. Head and Shoulders totally failed.

I am expecting a range for the next couple of weeks till feds hike. I'm out for today
  • #11,769
  • Jul 10, 2023 8:07am Jul 10, 2023 8:07am
Pound nailed gold left to take me below 10 to be the happiest piggy on this forum
average dude treading water
  • #11,770
  • Jul 10, 2023 8:31am Jul 10, 2023 8:31am
Gold is just too sweet..
Okechukwu Jacob.C.
  • #11,771
  • Jul 10, 2023 8:34am Jul 10, 2023 8:34am
Quoting jacobokey12
Gold is just too sweet..
She's switching sides like a Gemini...

Ricky Martin knows Gold well!

Nasdaq showing weakness. Nasdaq and Gold = inverse relationship. Something to keep an eye out for imo.
  • #11,772
  • Jul 10, 2023 8:45am Jul 10, 2023 8:45am
Quoting RamonFx2
{quote} She's switching sides like a Gemini... Ricky Martin knows Gold well! Nasdaq showing weakness. Nasdaq and Gold = inverse relationship. Something to keep an eye out for imo.
Okechukwu Jacob.C.
  • #11,773
  • Jul 10, 2023 9:13am Jul 10, 2023 9:13am
Quoting MrFanciful
Difficult to say at the moment. If it comes down, I don't think it'll go lower than 1912-1910 and that could be the low of the week. Personally, I think if you think that the dollar is going to strengthen by any meaningful amount now, you're kind of But you never know, I could be wrong. That's why we use a SL.
Think I called this one quite well.
  • #11,774
  • Jul 10, 2023 9:22am Jul 10, 2023 9:22am
I spotted a strong Sell Rejection on the last 4H candle..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230710-151601.jpg Size: 649 KB
Okechukwu Jacob.C.
  • #11,775
  • Jul 10, 2023 9:22am Jul 10, 2023 9:22am
Reentered again on gold with 1924 short, 1927 stops.
Trade safe
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #11,776
  • Jul 10, 2023 10:02am Jul 10, 2023 10:02am
Quoting SkullCandy
Reentered again on gold with 1924 short, 1927 stops. Trade safe
Tp please?
  • #11,777
  • Jul 10, 2023 10:28am Jul 10, 2023 10:28am
Quoting Naush
{quote} Tp please?
www.babypips.com

If you need someone to tell you the SL and TP, don't trade. Trust me, I'm saving you money.
  • #11,778
  • Jul 10, 2023 10:34am Jul 10, 2023 10:34am
Quoting lrn2trade23
{quote} I read your posts on the crude oil and crude oil trading. I find interesting paralel of current price situation to the time you posted your trade. Current in M15 we see the range low=69.59 to high=73.83, with the prev monthly high at 74.31, that is 48 pipps distance. It looks likely we can looking for short, from Mon with a test volume, or short on good news release day. Due to prev Thu and Fri strong run, we expect Mon, Tue a retracement back to 72.25 to 72.45 zone, so we set our limit buy order anticipate the third push up to take profit...
USOIL

I entered SELL a little bit late today at 73.42. trade was in profit, but did not scale in from there. If scale in I wait for price to retrace back up and add more sell at fibs levels. About NY time price did run up and trigger my sell 88.6%, 76% 72% and 61.8%! 72% and 61.8% I did expected yes, but it ran up a little more than I wished so I end up in the red now.

But this was still in the plan. I was expecting a move down from 73.83, but calculated it could be an 'extend move of 50 pips' -enough to burn a lot of small retail traders accounts- So i did expect a move up to 74.31 before the down phase begins, so I trade with test volume very small 0.01, and when price moving up I balance with a buy trade, targets 74.31. If price breaks 74.31 with volume. Then I exit all and reassist the market.

oil ran up and touch 74.091, last week high but not broken, then ran down swiftly in one red M15 candle. This is suspicious. I am not expert on SMC, but there are liquidity above 74.091 why only touching, not grab? and why move strongly down then shortlly after respectfully stop at the next support! So I hold the trades, suspect if it not brok 73.23 then the real move it up to 74.31 taken out all the early sellers, stop loss all the buyer at this level, then allows a distribution phase. Except when it clearly breaks 74.31 to the up side, I will change trade direction
  • #11,779
  • Jul 10, 2023 10:34am Jul 10, 2023 10:34am
Quoting Zebi
{quote} ill bbe honest i thought the bools would give a harder effort on a sunday....i put a sell limit at 1930 and 1932 if the bools get frisky again on their way to the slaughterhouse

im going to try shorting end of day if my sell limits dont get hit by then..i moved them to 1928 and 1931
short trump and go long the deepstate
  • #11,780
  • Jul 10, 2023 10:42am Jul 10, 2023 10:42am
Quoting lrn2trade23
{quote} USOIL I entered SELL a little bit late today at 73.42. trade was in profit, but did not scale in from there. If scale in I wait for price to retrace back up and add more sell at fibs levels. About NY time price did run up and trigger my sell 88.6%, 76% 72% and 61.8%! 72% and 61.8% I did expected yes, but it ran up a little more than I wished so I end up in the red now. But this was still in the plan. I was expecting a move down from 73.83, but calculated it could be an 'extend move of 50 pips' -enough to burn a lot of small retail traders...
huh???

it did the stop run

i can only post that much cause heve text i dont want anyone to read
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-07-10 104049.png Size: 11 KB
short trump and go long the deepstate
229 traders viewing now, 3 are registered:
Izeey007
,
forkstrader
,
AHSvio