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  • #28,721
  • Mar 18, 2024 1:06pm Mar 18, 2024 1:06pm
Tomorrow morning central banks of Japan & Australia will post the new rates policy, I’m not sure how the implications on gold would be? What do think fellas?
  • #28,722
  • Mar 18, 2024 2:29pm Mar 18, 2024 2:29pm
Quoting Techknow
{quote} As someone who has studied candles for almost 20 years. There is no such thing as a bearish dojji on the 15-minute chart. What I mean by that is that 15-minute candles mean nothing in gold. Hourly means nothing. 4 hours and up have some meaning. Do not trust candles on smaller time frames, that is not what they are made for. Please do not fall into this trap. They take large time frames to study market pressure and give direction better based on more data in that timeframe.
It's not the candles I'm looking at on a 5-minutes chart - it's the price and it was going up, but that's just me I guess.

It takes a lot for me to IGNORE you, but you can try.
  • #28,723
  • Mar 18, 2024 2:50pm Mar 18, 2024 2:50pm
Gold 5min time frame
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  • #28,724
  • Mar 18, 2024 2:53pm Mar 18, 2024 2:53pm
Where it ended...

Someone wanted the Indicators list, check on the chart, have fun.

@ Technow, you are correct, seems it only moved 64% of ADR(10) by the end of the day.

I also observe the ADR(10) vs ADR(100) for volatility change over time; here we can see it is increasing, woohoo!

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It takes a lot for me to IGNORE you, but you can try.
  • #28,725
  • Edited 5:12pm Mar 18, 2024 3:42pm | Edited 5:12pm
Get ready for fall again from around 2160 area ...

=========================================
Disclaimer: Under 18 stay away
I'm not always right.. I'm not always wrong neither
  • #28,726
  • Mar 18, 2024 4:27pm Mar 18, 2024 4:27pm
Who thinks this is a Bullish flag?
  • #28,727
  • Mar 18, 2024 4:50pm Mar 18, 2024 4:50pm
Quoting H.z
Tomorrow morning central banks of Japan & Australia will post the new rates policy, I’m not sure how the implications on gold would be? What do think fellas?
Wont affect anything
Trading is very lonely
  • #28,728
  • Mar 18, 2024 5:00pm Mar 18, 2024 5:00pm
Quoting NextElliott
Get ready for fall again from around 2160 area ...
LMAO? It's going up get with the programme my son!
  • #28,729
  • Mar 18, 2024 5:05pm Mar 18, 2024 5:05pm
Quoting Xauusdscalpr
{quote} LMAO? It's going up get with the programme my son!
Hey kid I have backup plan too!!
I'm not always right.. I'm not always wrong neither
  • #28,730
  • Mar 18, 2024 5:18pm Mar 18, 2024 5:18pm
Quoting Erebus
Where it ended... Someone wanted the Indicators list, check on the chart, have fun. @ Technow, you are correct, seems it only moved 64% of ADR(10) by the end of the day. I also observe the ADR(10) vs ADR(100) for volatility change over time; here we can see it is increasing, woohoo! {image}
Thanks!
Desire is a set of possibilities And reluctance - a lot of reasons ....
  • #28,731
  • Mar 18, 2024 5:51pm Mar 18, 2024 5:51pm
Today Gold will remain bearish...
I'm not always right.. I'm not always wrong neither
  • #28,732
  • Mar 18, 2024 6:36pm Mar 18, 2024 6:36pm
A huge fight among Bulls and Bears in progress since about last 24 hours. I have marked 2154.50-2161.50 area as liquidity sweep zone and above liquidity already swept. I will wait for price close above or below level for my today's trade decision. My bias remain bearish until price close not happened above 2165. I may be wrong So trade safe.
  • #28,733
  • Mar 18, 2024 7:01pm Mar 18, 2024 7:01pm
Quoting H.z
Tomorrow morning central banks of Japan & Australia will post the new rates policy, I’m not sure how the implications on gold would be? What do think fellas?
Have u ever heard 'JPY CROSS'
study of behavior and mind,conscious and unconscious
  • #28,734
  • Mar 18, 2024 8:14pm Mar 18, 2024 8:14pm
gold - 15min time frame
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  • #28,735
  • Mar 18, 2024 8:46pm Mar 18, 2024 8:46pm
I'm selling down to 2150
  • #28,736
  • Mar 18, 2024 10:31pm Mar 18, 2024 10:31pm
What was with the massive volume ?
  • #28,737
  • Mar 18, 2024 10:36pm Mar 18, 2024 10:36pm
Quoting Siawosh
What was with the massive volume ?
When?
TechKnow
  • #28,738
  • Mar 18, 2024 10:44pm Mar 18, 2024 10:44pm
i'm short at here 2158.50
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vankiepsauff@gmail
  • #28,739
  • Mar 18, 2024 10:51pm Mar 18, 2024 10:51pm
Quoting Techknow
{quote} When?
4:45 to 5:30
The price went up and down and closed a little bit under the 4:45 open.
If you look at the real volume indicator, H1 you see that volume is normally not seen recently.
  • #28,740
  • Mar 18, 2024 10:58pm Mar 18, 2024 10:58pm
Quoting Siawosh
{quote} 4:45 to 5:30 The price went up and down and closed a little bit under the 4:45 open. If you look at the real volume indicator, H1 you see that volume is normally not seen recently.
Are you using a broker side volume indicator? Tape reading? Tough to distinguish unless you can see a multiple of orders coming in to know what action would be appropriate. If volume continues and prices increase, that's when volume would start to come into play. Otherwise it could have just been a sweep or something simple.
TechKnow
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