Disliked{quote} what's your opinion on spot gold?? is it going to go down? Or have you turned into bullIgnored
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Disliked{quote} what's your opinion on spot gold?? is it going to go down? Or have you turned into bullIgnored
DislikedTip from a whale.. do not short it, don't even think about it as long no session break the low of the session before. last time it happened 24.2 for the liquidity that drive current move. There is no magic in trading.Ignored
Disliked{quote} How do you count a session low as "broken"? M1 candle (M5, M15, etc.?)closing below the previous session?Ignored
Dislikedhttps://www.forexfactory.com/thread/...4#post14784464 Nobody knows the impact of your current account development on your overall financial situation. But since you have been voicing great concerns here for 3 days, in my opinion there is only one solution: immediate cut. Enter future orders via EA only with SL, no hedge until you have learned the basics. wish you all the bestIgnored
DislikedAbsolutely, the market is always full of surprises. Predicting it is tricky because anything could happen at any moment. The whole point of the market is to bring together buyers and sellers, and they're everywhere with their orders. We might notice prices swinging this way and that, but in the end, a trend is just that – a trend, until it suddenly isn't anymore.Ignored
Disliked{quote} Thats why its best to wait for certain closure. Price action candles on a bigger timeframe. So u can see a clearer direction. But looking at 3 days candle, last week candle closure and last month closure. It is still risky best to just watch and waitIgnored
Disliked{quote} It's quite possible that gold is currently overvalued. It's seen an almost 6% increase in just a week, so thinking about a potential correction might be wise.Ignored
DislikedWith NFP tomorrow and Gold sitting on the cusp of closing at all-time highs or not, if you do not have the stomach for it, I would not be in the market during the news. There will surely be fireworks. I will just scalp around rather than suffer through the inevitable whipsaw that will be gold tomorrow. I do have my bias, but I usually like to enter the market about 30 minutes to an hour after the news for clear direction. Next week will be nice because will have some fresh analysis after NFP clears up this ATH or not.Ignored
DislikedWith NFP tomorrow and Gold sitting on the cusp of closing at all-time highs or not, if you do not have the stomach for it, I would not be in the market during the news. There will surely be fireworks. I will just scalp around rather than suffer through the inevitable whipsaw that will be gold tomorrow. I do have my bias, but I usually like to enter the market about 30 minutes to an hour after the news for clear direction. Next week will be nice because will have some fresh analysis after NFP clears up this ATH or not.Ignored