Gold | Page 1308 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #26,141
  • Jan 22, 2024 7:19am Jan 22, 2024 7:19am
Strong rejection of 2030.. silver getting smashed feel like we might be in for a very bearish day
  • #26,142
  • Jan 22, 2024 7:52am Jan 22, 2024 7:52am
Trading gold in m1 after YEARS.
P.S: CHF pairs are really bad, so much loss last week. Sticking to gold
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240122-172041_TradingView.jpg Size: 387 KB
Trend following
  • #26,143
  • Jan 22, 2024 8:20am Jan 22, 2024 8:20am
Took a sweet and fine bloody short from 2027 to 2020.
Done for the day. see you again tomorrow.
Secret to the Price Action is Liquidity.
  • #26,144
  • Jan 22, 2024 8:47am Jan 22, 2024 8:47am
Quoting Doublepanda
We are going down to $2002 and if $2001 doesn’t hold next bustop is $1973 {image}
Gold Rush
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1562.jpeg Size: 265 KB
ryoiki tenkai : Blue Juggernaut
  • #26,145
  • Jan 22, 2024 8:49am Jan 22, 2024 8:49am
Hit TP at 2017, didn't even see it was too fast lol, good luck guys see yall tomorrow
  • #26,146
  • Jan 22, 2024 8:50am Jan 22, 2024 8:50am
Quoting Doublepanda
{quote} Gold Rush {image}
The way I have seen you screenshots of profits. Till now you should've become a millionaire
Secret to the Price Action is Liquidity.
  • #26,147
  • Jan 22, 2024 8:53am Jan 22, 2024 8:53am
Quoting nsabu
{quote} What do you think? {image}
Sorry for late reply. Actually I was out on a tour for whole day today and arrived home now. I opened my MT5 and my SL got hit and price jumped back. I am still Bullish on GOLD and expecting 2051,2058. I am adding one more buy trade with same TP Target.Candle close below 2020 will start Bears rally for me. Let's see.....Trade Safe
  • #26,148
  • Jan 22, 2024 8:59am Jan 22, 2024 8:59am
Quoting d1zzy
Hit TP at 2017, didn't even see it was too fast lol, good luck guys see yall tomorrow
Price was ranging whole of London, ideally should have played the range and went short, long, short and long and short again for this good drop now.

I say I dont swing trade anymore but somewhere deep down inside still a swing trader lol the war has disrupted gold PA more than people think, but yeah if I had played the range it would have been a very decent day, still all praise to god for everything
  • #26,149
  • Jan 22, 2024 9:04am Jan 22, 2024 9:04am
Quoting iusman23
{quote} The way I have seen you screenshots of profits. Till now you should've become a millionaire
would i share my losses too so you get happy ?
ryoiki tenkai : Blue Juggernaut
  • #26,150
  • Jan 22, 2024 9:06am Jan 22, 2024 9:06am
2025 and then drop? Whad do you think guys?
  • #26,151
  • Jan 22, 2024 9:10am Jan 22, 2024 9:10am
Quoting OsisFTW
2025 and then drop? Whad do you think guys?
We havent left range yet.. so hard to tell... both directions may happen.. Gold very sloppy
https://www.the5ers.com/?afmc=17s4
  • #26,152
  • Jan 22, 2024 9:13am Jan 22, 2024 9:13am
Quoting OsisFTW
2025 and then drop? Whad do you think guys?
Doubt it, looks like its going to be ranging, DXY has been ranging the whole day too. Most probably Tokyo tomorrow will give the breakout

DXY waiting for JPY data tomorrow for some direction I guess, in return our buddy gold is also ranging
  • #26,153
  • Jan 22, 2024 9:13am Jan 22, 2024 9:13am
Quoting iusman23
{quote} How do you see 31? I see 28-29 because that is the fresh supply zone. Though it is small but it can be respected due to low volume.
yes i fully agree from you....imo 31 is previous or as a type of main support and resistance.....so i think that 31 is also a good resistance for sell
Be Calm In Every Situation
  • #26,154
  • Jan 22, 2024 9:27am Jan 22, 2024 9:27am
Quoting sambhav30
{quote} yes i fully agree from you....imo 31 is previous or as a type of main support and resistance.....so i think that 31 is also a good resistance for sell
In 1 Hour, the candle did not close below the previous SWL (lows) in 2019 although it taped in the 2017 area. According to SMC, this is considered a liquidity sweep. Consider gold bullish until it closes below 2019 in a 1-hour time frame. The 2035 to 2039 area is certain now but the Supply Zone at 2028-29 is still valid. We might see another drop from there. If the candle or wick goes through it, it will be broken. After this price action, we can see a drop from 2035 to 2039 area.

Does anyone who trades SMC or knows SMC have any PDFs or notes on SMC?
I want to suck some more knowledge.
Secret to the Price Action is Liquidity.
  • #26,155
  • Jan 22, 2024 11:44am Jan 22, 2024 11:44am
Quoting Robinhood1
{quote} Once its gone below 2000, buying comes into play. The buying target between 2040 & 2060. Then sell in that región for a Big drop. Cheers
Will eventually give in. Just a matter of time
POSTMASTER
  • #26,156
  • Jan 22, 2024 12:01pm Jan 22, 2024 12:01pm
Quoting d1zzy
{quote} Doubt it, looks like its going to be ranging, DXY has been ranging the whole day too. Most probably Tokyo tomorrow will give the breakout DXY waiting for JPY data tomorrow for some direction I guess, in return our buddy gold is also ranging
In weekly TF it is resisted by buy entry but also if D TF make a new CSM sell then weekly wiill CSAK sell, So after that the gold will be drop like some one throw the stone from mount everst.. But sadly its still in buy position in W TF. My Eyes Are on D TF If it make new CSM sell then i m gonna sell otherwise if CSM failed i mm going to buy at 2060-65
  • #26,157
  • Jan 22, 2024 12:45pm Jan 22, 2024 12:45pm
Attached File(s)
File Type: pdf Bystra Homework.pdf   1.1 MB | 644 downloads
  • #26,158
  • Jan 22, 2024 1:23pm Jan 22, 2024 1:23pm
Quoting T721
{image}
Is the strategy in this pdf really working?
  • #26,159
  • Jan 22, 2024 4:23pm Jan 22, 2024 4:23pm
Quoting Blavity01
{quote} Is the strategy in this pdf really working?
Its down to the individual to see if they can gain something out of it. I dont use it personally, just sharing for others

I am a Liquidity swing trader on the higher TFs, Weekly, daily with entries using 15min and 1hr tf. everyone has to figure out what type of trader they want to be then develop a plan/strat to develop consistent income. It is not easy and took me nearly a decade just to get to breakeven

There are plenty more PDFs and books in my thread you can take a look at that might help you. BUT there are way to many for you to learn them all, just concentrate on what suits you and the type of trader you are
  • #26,160
  • Jan 22, 2024 4:35pm Jan 22, 2024 4:35pm
Quoting aahmad29
January 22, 2024 XAUUSD Today’s positions are here based on opening price 2029.38. Buy Stop 0.786 TP1 1.236 (Half position closed and SL move to BE) TP2 1.618 SL 0.382 Sell Stop 0.786 TP1 1.236 (Half position closed and SL move to BE) TP2 1.618 SL 0.382 https://youtu.be/-swDNJTbagU
Pending orders did not execute
Love for all; Hatred for none.
103 traders viewing now, 1 is registered:
inigwlosiapa