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  • #37,861
  • Aug 12, 2024 9:35am Aug 12, 2024 9:35am
Quoting spexx
{quote} So I shouldn't of closed my Buy XDD
I was wrong. I hope you caught the short right at 2466.55
We watch the charts from every angle so you don't have to!!
  • #37,862
  • Aug 12, 2024 9:44am Aug 12, 2024 9:44am
Quoting Isabella_D
XAUUSD monthly {image}
Nice Chart! Mind if I steal it for a second?

Your Monthly Chart is suggesting that potentionally strong Support (this month) should be found around either 2250$ or 2080$. Now, these are the potential Support levels for this month only. If we don't reach these Support levels during this month, then in September the Support won't remain at 2250$ or 2080$, but it'll be somewhat higher. When new month begins, the lines on your indicator will tick higher of course and as a consequence the Support levels will be higher than those in August.

My Monthly Chart is suggesting around the Support levels are around 2240$ and 2085$. Basically, the same. These levels are only valid for August though.
It is my opinion that the price will have to come back at some point in the future whether it'll be this month, next month or this year.

Support levels for September according to the Monthly Chart are at 2285$ and 2110$. For October they are 2330$ and 2135$. Of course, the more into the future we go, the lower the accuracy will be for estimating the potential Resistance and Support levels.
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  • #37,863
  • Aug 12, 2024 9:45am Aug 12, 2024 9:45am
Quoting pedro319
If 2456 remains we have good target at 2429.

time to looking for sell signal 100% retracement .
this morning open long good resolt .
Pedro i think we can go to 2500 then a sell of
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Scalping
  • #37,864
  • Aug 12, 2024 9:51am Aug 12, 2024 9:51am
Quoting guguxpto
{quote} time to looking for sell signal 100% retracement . this morning open long good resolt . Pedro i think we can go to 2500 then a sell of {image} {image}
2466.55 is extension of inner Gartley 222 sell, I am not expecting reversal but a bounce.
After that I will think about D1 targets.
Hopefully you still have longs from last week.
We watch the charts from every angle so you don't have to!!
  • #37,865
  • Aug 12, 2024 9:57am Aug 12, 2024 9:57am
Quoting daniel2023
It's weird, i have made 100+ trades in gold since last week without a single lose until now, because of somewhat easy to predict. But all of the sudden i lose all i gained the moment i trade BTCUSD, never ever trading Crypto, bullshit Bitcoin.
Trade it on the daily = big NO

Buy and forget as an investment = YES
Fate goes ever, as fate must.
  • #37,866
  • Aug 12, 2024 10:01am Aug 12, 2024 10:01am
Quoting pedro319
{quote} 2466.55 is extension of inner Gartley 222 sell, I am not expecting reversal but a bounce. After that I will think about D1 targets. Hopefully you still have longs from last week.
no i close because overnight fees wen the price does not go as i project as sone a get profit im out close all .
Scalping
  • #37,867
  • Aug 12, 2024 10:17am Aug 12, 2024 10:17am
consolidation at this 2464 level?
based on 15min time frame
reach for the stars
  • #37,868
  • Aug 12, 2024 10:20am Aug 12, 2024 10:20am
GBP USD
1 D , clear sell opportunity daly 38% , ma 10 rejected , shooting star trend line resistance
4 H , MACD losing strength
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Scalping
  • #37,869
  • Aug 12, 2024 10:32am Aug 12, 2024 10:32am
Quoting Sillymf
consolidation at this 2464 level? based on 15min time frame

Looks like it,

If it breaks out to the downside, shall go long at support or monitor PA at Asia open most likely.
Fate goes ever, as fate must.
  • #37,870
  • Aug 12, 2024 10:49am Aug 12, 2024 10:49am
Im selling at 2474-2475
SL 2480
TP1 2440
  • #37,871
  • Aug 12, 2024 10:52am Aug 12, 2024 10:52am
https://www.forexfactory.com/thread/...2#post14961282
see below
  • #37,872
  • Aug 12, 2024 10:53am Aug 12, 2024 10:53am
Quoting 07Jack
Im selling at 2474-2475 SL 2480 TP1 2440
Why?. No chart, no explanation.
  • #37,873
  • Aug 12, 2024 10:54am Aug 12, 2024 10:54am
Quoting Silver-King
{quote} Nice Chart! Mind if I steal it for a second? Your Monthly Chart is suggesting that potentionally strong Support (this month) should be found around either 2250$ or 2080$. Now, these are the potential Support levels for this month only. If we don't reach these Support levels during this month, then in September the Support won't remain at 2250$ or 2080$, but it'll be somewhat higher. When new month begins, the lines on your indicator will tick higher of course and as a consequence the Support levels will be higher than those in August....
I like your assessment. As you know, I'm long, so far everything is good.
  • #37,874
  • Edited 11:16am Aug 12, 2024 11:03am | Edited 11:16am
___________ @steffile =
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Don’t focus on making $$$, focus on protecting what you have.
  • #37,875
  • Aug 12, 2024 11:13am Aug 12, 2024 11:13am
Quoting profits7
___________ @steffile = {image}
yes, I'm waiting it to hit 2472 or even a bit higher.
  • #37,876
  • Aug 12, 2024 11:16am Aug 12, 2024 11:16am
if you want to see a good bearish retracement wait for the upcoming 2 news tomorrow
  • #37,877
  • Aug 12, 2024 11:21am Aug 12, 2024 11:21am
Quoting Isabella_D
{quote} I like your assessment. As you know, I'm long, so far everything is good.
Thank you! Good job! I think the Longs are safe until Wednesday. This is just my opinion, but things are probably going to play out like this: (just a reminder that I absolutely do not trade or invest based on what I'm feeling or what I think should happen. Thank God we have the analysis for that) Tomorrow is Tuesday and I expect either the price to continue slowly upwards or some kind of Range. On Wednesday there is a CPI report. What I believe will happen on the CPI is a spike up on Gold (above 2500$) and then probably a rather sharp sell-off which may or may not be a good opportunity to enter some Longs again. I just don't know how impactful it'll be and what the candle-makers will end up doing. Yeah, I call them candle-makers. Haha
  • #37,878
  • Aug 12, 2024 11:23am Aug 12, 2024 11:23am
Quoting profits7
___________ @steffile = {image} {image}
______________ mebbe today TP3 =
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Don’t focus on making $$$, focus on protecting what you have.
  • #37,879
  • Edited 11:37am Aug 12, 2024 11:25am | Edited 11:37am
I will be shorting 2475 with SL 85, and target 2440, will be watching PA, can close earlier, just counter trend trade, longs still milking
opened one now 2470.50
People don't plan to lose. They lose because they don't plan.
  • #37,880
  • Aug 12, 2024 11:35am Aug 12, 2024 11:35am
__________ R61 ist @2476
Don’t focus on making $$$, focus on protecting what you have.
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