Gold

What do you see ahead? My opinion is short.

4h TF

Area around 2350 aligns with .382 fib drawn from 2450 down to 2290 (see second image) look at those perfect touches..

are you able to elaborate more on what it means?

Link in my bio,if u need can join

Closed 90% of Position Size on 2341.44 .
Risk Free .

Full Close on 2335.77 .
Trade safe

blowed out 2 accounts 1 of 5k 1 of 2k now I'm in debt

https://www.investopedia.com/article...management.asp

Don’t get too excited about this bullpen situation, there’s a swing OB that will reverse the buyside liquidity on either 15m or 1h timeframe.

the price of gold has been steadily climbing, indicating strong bullish momentum in the precious metals sector.
Over the past few weeks, gold has consistently formed higher lows and higher highs, suggesting a clear upward trend. This pattern is typically indicative of bullish sentiment and buying pressure in the market.
Key support levels have held firmly, reinforcing the current uptrend. This stability at support levels provides confidence to traders looking to enter positions with defined risk management strategies.
The 50-day and 200-day moving averages are both sloping upwards, with the 50-day MA crossing above the 200-day MA recently. This bullish crossover often signals a shift towards higher prices in the medium term.
Trading volumes have been robust during upward movements, indicating strong participation from buyers. Healthy volumes validate the price action and suggest that the uptrend is supported by substantial market interest.
Amidst concerns over inflationary pressures globally, gold remains a favored asset for investors seeking a hedge against currency depreciation and rising prices.
Ongoing geopolitical tensions and economic uncertainties further bolster gold's appeal as a safe-haven asset, driving demand upwards.

gold - 5min

Holding short From 2343. Target 2250

Shorted gold as well base on low resistance on 4h
and 1h sibi.

hope it will hold my sl

nope.. need to wait for better setup

Closing because $2350 to $2355 is a whole order block on HTF in my POV

RIP - Shorters

Signal 33-2024 BUY hit TP

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Signal 32-2024 has triggered hedge BUY.

Let's see how it plays out.

I wonder what your lot size and SL is tbh.