Gold | Page 1018 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #20,341
  • Oct 2, 2023 8:38pm Oct 2, 2023 8:38pm
Quoting fontu
Overnight bo, apparently target 1804, limit around 10820. Checking pa. Takecare {image}
what does "bo" means again ?
  • #20,342
  • Edited 9:23pm Oct 2, 2023 8:57pm | Edited 9:23pm
Quoting aahmad29
{quote} I haven’t pump any equity and waiting the response of price at daily support 1805-1815. I think market is gonna try to grab liquidity just below this support before retracement starts.
Youve hedged your position? Or it’s left open? You could hedge it, close your hedge position when price bottoms and let it run back up so your hedge position profit also keeps adding to your equity while price is coming up again to your buy position TP?

Quoting jonatslim
{quote} what does "bo" means again ?
break out
  • #20,343
  • Oct 2, 2023 9:04pm Oct 2, 2023 9:04pm
when are we going to get a bottom on gold?
  • #20,344
  • Oct 2, 2023 9:11pm Oct 2, 2023 9:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
  • #20,345
  • Oct 2, 2023 9:22pm Oct 2, 2023 9:22pm
Quoting Pipsolengelo
when are we going to get a bottom on gold?
Below 1805
  • #20,346
  • Oct 2, 2023 9:40pm Oct 2, 2023 9:40pm
Quoting d1zzy
{quote} Youve hedged your position? Or it’s left open? You could hedge it, close your hedge position when price bottoms and let it run back up so your hedge position profit also keeps adding to your equity while price is coming up again to your buy position TP? {quote} break out
Good morning D1zzy. Thanks for the advice. What do you think of the NFP this month? your prediction last month was a prophecy.
  • #20,347
  • Oct 2, 2023 9:57pm Oct 2, 2023 9:57pm
Quoting Murugesh29
{quote} we r falling to 1816 tomo,then 1803 next,then 1792after that we r booming to 2000+
We r at 261.8% at 1816, this s a falling wedge,still not convinced for bounce.

Quoting maleki616
{quote} Dear, you are right. From fibonachi levels viewpoint the wave could extended to 2.618 or even lower but waht I mentiond is about the whole uptrend cycle not the last leg. I think you considered a double combination pattern which is in wave #c, which should be an impulse and it is an impulse and could finished down to 1800.
My first wave pattern of wave 5 at 161.8% 1821...
Second pattern has covered 261.8% of wave 3 1816...
But still wave 5 has of second pattern needs to cover something below...
Expecting retracement to 1847(last ms2)(23.6%) and fall to 1800 and extension for sl hunting...

Trade safe
Its all about Timing!!!
  • #20,348
  • Oct 2, 2023 10:03pm Oct 2, 2023 10:03pm
Quoting Pipsolengelo
when are we going to get a bottom on gold?
At Present Gold is trading in its imp retracement zone but Gold Bears seems very aggressive so if bears will not stop here then I hope possible retracement around very imp and crucial level 1788 area now.A bunch of liquidity below to grab till that level. I may be wrong.Trade safe

Only This level has a potential to change this trend. So not only retracement but trend change possible from that area.
  • #20,349
  • Oct 2, 2023 10:13pm Oct 2, 2023 10:13pm
Quoting Murugesh29
{quote} We r at 261.8% at 1816, this s a falling wedge,still not convinced for bounce. {quote} My first wave pattern of wave 5 at 161.8% 1821... Second pattern has covered 261.8% of wave 3 1816... But still wave 5 has of second pattern needs to cover something below... Expecting retracement to 1847(last ms2)(23.6%) and fall to 1800 and extension for sl hunting... Trade safe
Weekly 200SMA at 1813,ms1 at 1811.95
Weekly 200EMA at 1772,ms2 at 1775.94
, expecting retracement here and fall to 177X area fr sl hunting...

Trade safe
Its all about Timing!!!
  • #20,350
  • Oct 2, 2023 10:25pm Oct 2, 2023 10:25pm
Quoting Murugesh29
{quote} Weekly 200SMA at 1813,ms1 at 1811.95 Weekly 200EMA at 1772,ms2 at 1775.94 , expecting retracement here and fall to 177X area fr sl hunting... Trade safe
So first up possibility from 1813?
  • #20,351
  • Oct 2, 2023 10:36pm Oct 2, 2023 10:36pm
Quoting Siawosh
{quote} Good morning D1zzy. Thanks for the advice. What do you think of the NFP this month? your prediction last month was a prophecy.
Will post an update soon, hahaha cheers glad I could help!
  • #20,352
  • Oct 2, 2023 10:47pm Oct 2, 2023 10:47pm
Quoting Naush
{quote} So first up possibility from 1813?
Back in the game my friend?
  • #20,353
  • Oct 2, 2023 10:53pm Oct 2, 2023 10:53pm
Quoting Murugesh29
{quote} Weekly 200SMA at 1813,ms1 at 1811.95 Weekly 200EMA at 1772,ms2 at 1775.94 , expecting retracement here and fall to 177X area fr sl hunting... Trade safe
there is also fib 61.8 level at around 1792.
  • #20,354
  • Oct 2, 2023 11:16pm Oct 2, 2023 11:16pm
Quoting Saadi96
{quote} Back in the game my friend?
A little bit
  • #20,355
  • Oct 2, 2023 11:53pm Oct 2, 2023 11:53pm
Quoting Naush
{quote} So first up possibility from 1813?
If its a strong support,it may not touch the exact point..i expect retracement here,200sma weekly may not allow for sometime
Its all about Timing!!!
  • #20,356
  • Oct 2, 2023 11:54pm Oct 2, 2023 11:54pm
First trade for the week, 2:1 rr, maybe will close 1:1 .or atleast partials.
Trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 37 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #20,357
  • Oct 3, 2023 12:00am Oct 3, 2023 12:00am
Quoting Zebi
dollar futures almost to average weekly range just in one day i dont think i need to point out what a parabolic rise like this means on a 4H {image}
Quoting Zebi
{quote} we'll know for sure in 1.5 hours but looks like the 4H parabolic spike is nearing its end on the dollar chart
Quoting Zebi
im gona miss fondling and stroking my badass mf'er dollar chart since its hit my first target of 107 now for the retrace back to 104 that was my retrace level before this crazy PA all of last week and today so i hope 104 can hold and price doesnt undershoot to 103 which is a possibility now because of all this crap 114 in bidens second term gentlemen dems just love the dollar LOL
i posted this at GU thread tonight

i will admit gold messed with my head LOL

but all those levels i bought cause of my chart signals will all get revisited now that dollars hit 107 and will start dropping

so i may stop hiding under my covers at all the abuse gold caused me and start buying again but just intraday for now...babysteps LOL
short trump and go long the deepstate
  • #20,358
  • Oct 3, 2023 12:04am Oct 3, 2023 12:04am
watching bo at 1823.50 , may to follow for 1819.10 next. take care
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5.png Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #20,359
  • Oct 3, 2023 12:05am Oct 3, 2023 12:05am
Quoting SkullCandy
First trade for the week, 2:1 rr, maybe will close 1:1 .or atleast partials. Trade safe {image}
1821 seems good spot to buy with Low risk and more reward.Let's see if price reach there.............
  • #20,360
  • Oct 3, 2023 12:15am Oct 3, 2023 12:15am
Quoting Pipsolengelo
{quote} there is also fib 61.8 level at around 1792.
Yes, simply waiting for retracement from monthly support..
Attached Image (click to enlarge)
Click to Enlarge Name: 61.8%.png Size: 40 KB
Its all about Timing!!!
340 traders viewing now