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  • #35,781
  • Jul 16, 2024 8:49am Jul 16, 2024 8:49am
Quoting Scalper-N
{quote} i know. That doesnt answer my question… where you can see the reversal? Haha
all posted yesterday before the moves!
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  • #35,782
  • Jul 16, 2024 8:50am Jul 16, 2024 8:50am
Quoting Scalper-N
{quote} i know. That doesnt answer my question… where you can see the reversal? Haha
There is none. Any "reversal pattern", with ATH broken, gets out of the window. Now just patiently wait till the market shows you new information. Traditionally, price will reach certain (unknown to us) level, retrace and try to get back to previous high and then either stall, break or drop. Gold has the tendency to have at least 1 strong ($30 and more) day in a week, make use of it. Now with another dayrange of $40+, we can expect at least a day or two of consolidation.
  • #35,783
  • Jul 16, 2024 8:58am Jul 16, 2024 8:58am
I am selling too 2464 will add more 74.
We watch the charts from every angle so you don't have to!!
  • #35,784
  • Jul 16, 2024 9:06am Jul 16, 2024 9:06am
Quoting pedro319
I am selling too 2464 will add more 74.
Bloody hell
I only follow traders with IQ above 160
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  • #35,785
  • Jul 16, 2024 9:12am Jul 16, 2024 9:12am
Sold at 2459

SL 2510

TP 2375

will move the SL to break even at 2420
  • #35,786
  • Jul 16, 2024 9:24am Jul 16, 2024 9:24am
clear uptrend for the last 2 weeks, stay with the trend.

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"the public is not yet ready for it" W.D. GANN
  • #35,787
  • Jul 16, 2024 9:36am Jul 16, 2024 9:36am
Quoting pedro319
I am selling too 2464 will add more 74.

Gold going up vs USD helped EUR not fall as quickly in my opinion today. Gold took off while EUR was falling. I think it may back down hard, just my 2 cents. Well have to wait & see lol
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #35,788
  • Jul 16, 2024 9:37am Jul 16, 2024 9:37am
Quoting Kwt4x
clear uptrend for the last 2 weeks, stay with the trend. {image}
actually the probabilities of a drop from here outweigh the continuation by very far.
I only follow traders with IQ above 160
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  • #35,789
  • Jul 16, 2024 9:46am Jul 16, 2024 9:46am
Quoting Bflyfx
{quote} actually the probabilities of a drop from here outweigh the continuation by very far.
Dow trend stages rule says: A Trend Is Assumed to Be Continuous Until Definite Signals of Its Reversal.
do you see a signal of reversal ?

direction and waves still showing higher-high/higher-low in all TF's, there is no probabilities.
"the public is not yet ready for it" W.D. GANN
  • #35,790
  • Jul 16, 2024 9:48am Jul 16, 2024 9:48am
Quoting Kwt4x
{quote} Dow trend stages rule says: A Trend Is Assumed to Be Continuous Until Definite Signals of Its Reversal. do you see a signal of reversal ? direction and waves still showing higher-high/higher-low in all TF's, there is no probabilities.
Sign of reversal usually you get it when it's over.

I only hear these theories when price is at the top or at the bottom

buy low, sell high
I only follow traders with IQ above 160
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  • #35,791
  • Jul 16, 2024 9:48am Jul 16, 2024 9:48am
Quoting Kwt4x
clear uptrend for the last 2 weeks, stay with the trend. {image}
Nah the retracement is definitely inevitable wouldn’t even buy gold at this point unless it retraces. Liquidity will be created and taken from the bottom. Buyers will still get taken out from the bottom before the next pump. I’m sure gold will be bullish for a while this year plus the elections aren’t that far.
Look ahead. Reste positif
  • #35,792
  • Jul 16, 2024 9:49am Jul 16, 2024 9:49am
Can't wait for Down trend. Make trade in Latest Uptrend.
  • #35,793
  • Jul 16, 2024 10:04am Jul 16, 2024 10:04am
people, dont click the buy button at this level, thank me later
Its a trap
People don't plan to lose. They lose because they don't plan.
  • #35,794
  • Jul 16, 2024 10:07am Jul 16, 2024 10:07am
Quoting Bflyfx
{quote} Sign of reversal usually you get it when it's over. I only hear these theories when price is at the top or at the bottom buy low, sell high
Where do you see the bottom of the retracement swing? I have the 38.2 Fib retracement at 2402.
Observation is the path to discovery.
  • #35,795
  • Jul 16, 2024 10:13am Jul 16, 2024 10:13am
___________ just for Ras62 = this will NOT go in a STRAIGHT line , you Know that Right ?!?
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Don’t focus on making $$$, focus on protecting what you have.
  • #35,796
  • Jul 16, 2024 10:28am Jul 16, 2024 10:28am
[quote=ScalaFX;14933462]people, dont click the buy button at this level, thank me later Its a trap[/quote


_______jesteś mądrym traderem na pewno jesteś z Samborowa
Don’t focus on making $$$, focus on protecting what you have.
  • #35,797
  • Jul 16, 2024 10:36am Jul 16, 2024 10:36am
[quote=profits7;14933487]
Quoting ScalaFX
people, dont click the buy button at this level, thank me later Its a trap[/quote _______jesteś mądrym traderem na pewno jesteś z Samborowa
haahhhaa! Nie, z Opola
People don't plan to lose. They lose because they don't plan.
  • #35,798
  • Jul 16, 2024 10:49am Jul 16, 2024 10:49am
Quoting profits7
___________ just for ras62 = this will not go in a straight line , you know that right ?!? {image}
thank you sir
drop down gold???
  • #35,799
  • Jul 16, 2024 10:50am Jul 16, 2024 10:50am
[quote=profits7;14933487]
Quoting ScalaFX
people, dont click the buy button at this level, thank me later Its a trap[/quote _______jesteś mądrym traderem na pewno jesteś z Samborowa
WHAT YOU SAY?
  • #35,800
  • Jul 16, 2024 10:55am Jul 16, 2024 10:55am
Quoting ScalaFX
people, dont click the buy button at this level, thank me later Its a trap
True don't click the buy button and as well the sell button because there stands a 75% chance for a test of 2475+
50 dollar move in this market is common in such days
trade safe
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