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  • #34,281
  • Jun 11, 2024 11:28am Jun 11, 2024 11:28am
If buyers are in profits I suggest to bring their stop losses to 2309 at profit level the next m 30 candle is very important for bullish run more otherwise it can be a fake 2nd H1 candle
  • #34,282
  • Jun 11, 2024 11:30am Jun 11, 2024 11:30am
Quoting Kaabakas
Made little mistake yet again, is there chance it goes back to 2315?
Lol, managed to hedge from 2309 stuck now, i dont like gold, its so unpredictable
  • #34,283
  • Jun 11, 2024 11:36am Jun 11, 2024 11:36am
Quoting Kaabakas
{quote} Lol, managed to hedge from 2309 stuck now, i dont like gold, its so unpredictable
Why you hedged always use stop loss because market usually grabbing liquidity and is not give you a chance to get it back in hedges
It's just my opinion to use stop losses instead of hedging
  • #34,284
  • Jun 11, 2024 12:32pm Jun 11, 2024 12:32pm
Quoting since80808
Don't know if I need all those trendlines as many people call them too much speculative
To draw
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 14 KB

or not to draw
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH2.png Size: 12 KB

- that's the question
Just an opinion. Based on research
  • #34,285
  • Jun 11, 2024 12:35pm Jun 11, 2024 12:35pm
Quoting since80808
{quote} To draw {image} or not to draw {image} - that's the question
to sink
reach for the stars
  • #34,286
  • Jun 11, 2024 12:39pm Jun 11, 2024 12:39pm
Quoting Sillymf
{quote} to sink
?
Just an opinion. Based on research
  • #34,287
  • Jun 11, 2024 12:41pm Jun 11, 2024 12:41pm
Quoting since80808
{quote} To draw {image} or not to draw {image} - that's the question
#WhatAbout minimalism? BOS + SD retest = I'l try to try 2331
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 16 KB

Have a silent night! (as we say now in Ukraine)
Just an opinion. Based on research
  • #34,288
  • Jun 11, 2024 1:07pm Jun 11, 2024 1:07pm
Quoting since80808
{quote} To draw {image} or not to draw {image} - that's the question
Its really your preference,
some would say its rubbish, some would say its useful.

for me, it acts as a guideline.

Have a silent night too buddy!
  • #34,289
  • Jun 11, 2024 2:02pm Jun 11, 2024 2:02pm
I just did a quick analysis on Gold; Gold remains bullish as the market sentiment is painted as green according to my chart it also bounced off a nice support making the price a higher low.
Attached Image (click to enlarge)
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  • #34,290
  • Jun 11, 2024 3:07pm Jun 11, 2024 3:07pm
Hi, emm quick question:

Why is the market closed?

Thank you!
  • #34,291
  • Jun 11, 2024 6:52pm Jun 11, 2024 6:52pm
Quoting impltv
Hi, emm quick question: Why is the market closed? Thank you!
market generally closes for traders over the weekend, some brokers might offer extended trading hours or access to certain currency pairs during weekends.
It's essential to check with your broker regarding their specific trading hours and available pairs.
  • #34,292
  • Edited 8:27pm Jun 11, 2024 7:56pm | Edited 8:27pm
Quoting Mostwanted
{quote} market generally closes for traders over the weekend, some brokers might offer extended trading hours or access to certain currency pairs during weekends. It's essential to check with your broker regarding their specific trading hours and available pairs.
It's good practice to have charts coming from different brokers whose trading hours differ from each other. This is very useful because H4 then close on different positions which result in more PA options. My English is not of the best, hope I express myself well.
  • #34,293
  • Jun 11, 2024 8:11pm Jun 11, 2024 8:11pm
The trend remains upwards:
Attached Image (click to enlarge)
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  • #34,294
  • Jun 11, 2024 9:04pm Jun 11, 2024 9:04pm
nothing has fundamentally changed since Friday's close. We closed Friday at 2293 and the high we made was 2320 on tuesday. so roughly 26 dollars for 2 days. today the first trend will be clear once CPI comes. an inline data will wait for the FED whereas hot print will trigger a sell off to 2250. a bad data will print 2350 and above but still short of 2360. I still believe China is the major player in how gold and silver trade in the future and they are cooling off.
  • #34,295
  • Jun 11, 2024 9:26pm Jun 11, 2024 9:26pm
Hey guys do you think the market can go to 2300, my trades are stuck?? lmk Thanks.
  • #34,296
  • Jun 11, 2024 9:29pm Jun 11, 2024 9:29pm
Quoting giveachance
nothing has fundamentally changed since Friday's close. We closed Friday at 2293 and the high we made was 2320 on tuesday. so roughly 26 dollars for 2 days. today the first trend will be clear once CPI comes. an inline data will wait for the FED whereas hot print will trigger a sell off to 2250. a bad data will print 2350 and above but still short of 2360. I still believe China is the major player in how gold and silver trade in the future and they are cooling off.
It seems to me the only driving force behind gold are geopolitical tensions. Rejection of a Gasa truce by Israel will propel gold once again. Best to stay out of gold until after today's numbers are released.
  • #34,297
  • Jun 11, 2024 9:44pm Jun 11, 2024 9:44pm
If gold is going to drop below daily support it will go far down:
Attached Image (click to enlarge)
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  • #34,298
  • Jun 11, 2024 9:55pm Jun 11, 2024 9:55pm
Quoting Bakker
{quote} It seems to me the only driving force behind gold are geopolitical tensions. Rejection of a Gasa truce by Israel will propel gold once again. Best to stay out of gold until after today's numbers are released.
today's print will be a make shift for gold as it will lock in sept cut or hold. if nothing happens in sept which is the next meeting after July markets will look at October. including today we have 5 FED meetings left. excluding today we have 4. If today's data is in favour of gold. I foresee the following

July - no change
Sept - cut
Oct - no change
Dec - cut
  • #34,299
  • Jun 11, 2024 11:02pm Jun 11, 2024 11:02pm
Quoting Spektrum
Hey guys do you think the market can go to 2300, my trades are stuck?? lmk Thanks.
What was the plan?

Entry, take profit, stop loss. size?

Cheers
It takes a lot for me to IGNORE you, but you can try.
  • #34,300
  • Jun 12, 2024 12:06am Jun 12, 2024 12:06am
Quoting Spektrum
Hey guys do you think the market can go to 2300, my trades are stuck?? lmk Thanks.
yes if it breaks 2309
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