Gold | Page 1501 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #30,001
  • Apr 1, 2024 8:56am Apr 1, 2024 8:56am
Quoting QweenOfTrade
{quote} well 2150 is old seeing todays action the sellers might get what they need to get their split of the pie even the 2150 sellers
2150 today? I think it is impossible...
  • #30,002
  • Apr 1, 2024 8:57am Apr 1, 2024 8:57am
Where is BIG Trader pumping dumping?? Left us humping now We need spike up n down candle inch by inch
study of behavior and mind,conscious and unconscious
  • #30,003
  • Apr 1, 2024 9:00am Apr 1, 2024 9:00am
Quoting Bikrompur
{quote} no bro, its creating buyer trap.. If retrac the entry sell
I also think why gold not going down as all pairs os usd come down but not hold only.
  • #30,004
  • Apr 1, 2024 9:12am Apr 1, 2024 9:12am
Quoting Gadich
{quote} 2150 today? I think it is impossible...
2150 maybe this week but trade at your own discretion and lets hope for wins from both sides!
  • #30,005
  • Apr 1, 2024 9:23am Apr 1, 2024 9:23am
anyone still running a sell? any stop loss thoughts? potential for another drop? staking a mere 0.01
  • #30,006
  • Apr 1, 2024 9:41am Apr 1, 2024 9:41am
Quoting Raadco
buy target 2065
From 2044 starts the buying. It should come back down once its made the final high
POSTMASTER
  • #30,007
  • Apr 1, 2024 10:01am Apr 1, 2024 10:01am
Quoting QweenOfTrade
{quote} well 2150 is old seeing todays action the sellers might get what they need to get their split of the pie even the 2150 sellers
2150 ? anything is possible..

but. I didn't see this price so far.
SURFER
  • #30,008
  • Apr 1, 2024 10:42am Apr 1, 2024 10:42am
It is obvious that that the price is halted. Don't buy if you don't see any indications. The drop can be very sharp.
ma ma make me happy
  • #30,009
  • Apr 1, 2024 10:58am Apr 1, 2024 10:58am
Quoting hanzohas
It is obvious that that the price is halted. Don't buy if you don't see any indications. The drop can be very sharp.
as can the climb. Not sure if the Israeli strike on Iranian territory is going to have an effect. However I’m sure the Iranians won’t let that slip, geopolitical tensions are on very tender hooks in my opinion.
  • #30,010
  • Apr 1, 2024 1:33pm Apr 1, 2024 1:33pm
Quoting Gadich
It looks going back to 2250
Breaking 2250
  • #30,011
  • Apr 1, 2024 1:46pm Apr 1, 2024 1:46pm
2250 play save pull back to 2214
  • #30,012
  • Apr 1, 2024 1:54pm Apr 1, 2024 1:54pm
gold - 5min
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-04-02 022403.jpg Size: 106 KB
  • #30,013
  • Apr 1, 2024 4:22pm Apr 1, 2024 4:22pm
Take it easy
Stop 2261
Proft 1 - 2238
Proft 2 - 2218
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #30,014
  • Apr 1, 2024 6:53pm Apr 1, 2024 6:53pm
Yesterday daily closure still dangerous. Too early to sell. Posssibility of a drop from nfp. Ranges from 2234 - 2268 and above is still possible. There might be one more pump n dump from banks to grab liquidity before the drop. Yesterdays moves was too early, it might only be to create ranges. Potential of drop beyond 2238 is there, but not today
Trading is very lonely
  • #30,015
  • Apr 1, 2024 7:03pm Apr 1, 2024 7:03pm
lucky, what should I do with this one? where would you place SL?

I have a sell at 2265, and I can take the drawndown if it breaks above, but beyond 2280 it will be difficult to hold.
Attached Image (click to enlarge)
Click to Enlarge Name: U11xntitled.png Size: 6 KB
  • #30,016
  • Apr 1, 2024 7:34pm Apr 1, 2024 7:34pm
Quoting Jonas4
lucky, what should I do with this one? where would you place SL? I have a sell at 2265, and I can take the drawndown if it breaks above, but beyond 2280 it will be difficult to hold. {image}

Ive just read the chart. Technicallly there are few options for you.

1st option is to place ur sells on breakeven at 2260.34. collect profits even if it just a little bit. Why such number. From what i see at the charts once hitting breakeven at 2260.34. Would mean it will test ATH again. When u hit ur trades on breakeven. Does not mean ure a loser. Youre are saving your account because based on analysis. If price taps breakeven means its going somewhere else, be it long or sells. If it hit breakeven. Means its tapping higher for sells or tapping lower for buys

2nd option is to place your stop loss direct at 2268 and stick to the sl without adjusting or extending it. Being reason is that. When price test ATH. The thing about liquidity is that it will pop. At least minimum 50 pips but sometimes when price tap ATH it can also pop 200 pips. As we are uncertain of the price above. There is no valid liquidity above to support us to look for a sell. The price above is uncertain. Thats why i stated the ranges today is 2238-2268 and above is still possible. How above i cannot answer u.

But lets say u place ur trades on breakeven at stated 2260.34 u can wait for price to break ATH and see where is stop for rejection. For this kind of rejection. U have to look at M1 for price action candle to which some called it as bearish divergence.

Or the safest way is to wait for nfp closure to see a better price action candle closure.

SO when price hit breakeven, u know its going to tap higher or lower for buys or sell. Thats when u counter scalp. Example price Hit ur sell breakeven. U know price is going to go up, because it hit ur breakeven. The price will usually go down, then when u counter buy and set ur tp above ur breakeven levelm
Trading is very lonely
  • #30,017
  • Apr 1, 2024 7:58pm Apr 1, 2024 7:58pm
Bounce ...

China property developer Country Garden stock suspended on Hong Kong exchange



https://www.forexlive.com/news/china...ange-20240402/
  • #30,018
  • Apr 1, 2024 8:26pm Apr 1, 2024 8:26pm
Quoting luckytujuh
{quote} Ive just read the chart. Technicallly there are few options for you. 1st option is to place ur sells on breakeven at 2260.34. collect profits even if it just a little bit. Why such number. From what i see at the charts once hitting breakeven at 2260.34. Would mean it will test ATH again. When u hit ur trades on breakeven. Does not mean ure a loser. Youre are saving your account because based on analysis. If price taps breakeven means its going somewhere else, be it long or sells. If it hit breakeven. Means its tapping higher for sells or...
EXCELLENT ADVISE !!!
  • #30,019
  • Apr 1, 2024 8:41pm Apr 1, 2024 8:41pm
Quoting Markyboi
{quote} as can the climb. Not sure if the Israeli strike on Iranian territory is going to have an effect. However I’m sure the Iranians won’t let that slip, geopolitical tensions are on very tender hooks in my opinion.
yes precisely that is why it has picked up pace from 2240 onwards. we have to wait for more good US data to come for this to head downwards. first litmus test will come today in the form of jolts job report and the 2nd one is on Friday in form of NFP. rest all don't matter that much. 2270 and 2284 continue to be the levels to watch anything below 2250 is sell. there is a nice sell coming in bitcoin if anyone is interested in selling
  • #30,020
  • Apr 1, 2024 8:43pm Apr 1, 2024 8:43pm
Quoting luckytujuh
Yesterday daily closure still dangerous. Too early to sell. Posssibility of a drop from nfp. Ranges from 2234 - 2268 and above is still possible. There might be one more pump n dump from banks to grab liquidity before the drop. Yesterday's moves was too early, it might only be to create ranges. Potential of drop beyond 2238 is there, but not today
we get these ranges in a day. u are talking abt range till Friday. that won't happen
233 traders viewing now