Gold | Page 1953 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #39,041
  • Aug 20, 2024 3:08am Aug 20, 2024 3:08am
hope for some reaction down here short 2520, will add tell 2550
People don't plan to lose. They lose because they don't plan.
  • #39,042
  • Aug 20, 2024 3:08am Aug 20, 2024 3:08am
I took profit at 2519 and open little sell
for test the sky.
  • #39,043
  • Aug 20, 2024 3:10am Aug 20, 2024 3:10am
Quoting ScalaFX
hope for some reaction down here short 2520, will add tell 2550
That is the spirit. The higher the better and the bigger the sells will be.
1 min
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM1.png Size: 6 KB
We watch the charts from every angle so you don't have to!!
  • #39,044
  • Aug 20, 2024 3:15am Aug 20, 2024 3:15am
first post after ghost viewing for months lol
im seeing a continuation to the upside...i have no hopes of price going back down to the previous supply zone
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
  • #39,045
  • Aug 20, 2024 3:16am Aug 20, 2024 3:16am
Quoting ScalaFX
hope for some reaction down here short 2520, will add tell 2550
hey bro where’s you SL at ?
  • #39,046
  • Aug 20, 2024 3:17am Aug 20, 2024 3:17am
Quoting Techknow
{quote} I like this—not because I believe it will happen, but because anything can happen in trading. Once, I lost 7 digits in less than a minute—fake news, spread blowout, and then immediate correction. I've seen it all, and all can happen. I love that he has people saying, "No way in hell," and he says..."nothing insane in forex." This is conviction, and this is the attitude that everyone should have to be successful. He doesn't care what you think, and none of you should ever be bothered by criticism or being wrong or get cocky when you are right....
Absolutely 100% agree

I don't trade with targets in mind, I just buy the pullback in a trend and let the market take me out with a trailing stop - not very sophisticated, but I win and as I am essentially a very lazy trader, I don't need to calculate target levels and what not

If you look at the monthly chart of gold, its in a parabolic move, its either going higher, small pullback and resume or something bigger on the correction front, I can't be bothered to guess, it will reveal what is on the cards and you can then trade accordingly on a lower time-frame
  • #39,047
  • Aug 20, 2024 3:22am Aug 20, 2024 3:22am
Quoting Techknow
{quote} I like this—not because I believe it will happen, but because anything can happen in trading. Once, I lost 7 digits in less than a minute—fake news, spread blowout, and then immediate correction. I've seen it all, and all can happen. I love that he has people saying, "No way in hell," and he says..."nothing insane in forex." This is conviction, and this is the attitude that everyone should have to be successful. He doesn't care what you think, and none of you should ever be bothered by criticism or being wrong or get cocky when you are right....

Blah, blah blah...

There is a long way until 2600 and we will NOT hit it during this move up.

I always love the people that get a trend and then project it to infinity.

If you are so sure about what you write here, go long all in now ... I mean we are going up...
  • #39,048
  • Aug 20, 2024 3:22am Aug 20, 2024 3:22am
Has anyone seen the 20 lots messiah ?
I only follow traders with IQ above 160
Challenge Tour All Time Return: -68.3%
  • #39,049
  • Aug 20, 2024 3:24am Aug 20, 2024 3:24am
Quoting Bflyfx
Has anyone seen the 20 lots messiah ?
He only shows if he is winning otherwise you will never see him again!!
We watch the charts from every angle so you don't have to!!
  • #39,050
  • Aug 20, 2024 3:25am Aug 20, 2024 3:25am
The minimum target for 3rd wave have been met at 2520. Now we may see a correction to 2480 for continuation towards 2600 in 5th wave.
[Setup invalid if price retrace more than 50 fib of this 3rd wave]
  • #39,051
  • Aug 20, 2024 3:25am Aug 20, 2024 3:25am
Any ideas what's pushing gold up I cant see any news at the moment maybe Fridays speech is priced in or a pump and dump....
average dude treading water
  • #39,052
  • Aug 20, 2024 3:26am Aug 20, 2024 3:26am
Quoting LitEU
{quote} hey bro where’s you SL at ?
no SL at this moment, will see later
People don't plan to lose. They lose because they don't plan.
  • #39,053
  • Aug 20, 2024 3:28am Aug 20, 2024 3:28am
Let's see if we get a bit of acceleration down
That will fit with the current setup
We watch the charts from every angle so you don't have to!!
  • #39,054
  • Aug 20, 2024 3:28am Aug 20, 2024 3:28am
Quoting NrSLionHeart
{quote} Blah, blah blah... There is a long way until 2600 and we will NOT hit it during this move up. I always love the people that get a trend and then project it to infinity. If you are so sure about what you write here, go long all in now ... I mean we are going up...
why so sure ??

the market and the rhythmical of it changes all the time.
Que Sera
  • #39,055
  • Aug 20, 2024 3:34am Aug 20, 2024 3:34am
Quoting NrSLionHeart
{quote} Blah, blah blah... There is a long way until 2600 and we will NOT hit it during this move up. I always love the people that get a trend and then project it to infinity. If you are so sure about what you write here, go long all in now ... I mean we are going up...
I guess you don't have very good reading comprehension, or you just don't read. My target was 2520. I did not say anything once about it going up past that. I never one time said we would hit it this time up. Please learn to read before you comment on things. It does you no favors.
.
TechKnow
  • #39,056
  • Aug 20, 2024 3:35am Aug 20, 2024 3:35am
Quoting hanzohas
{quote} I just saw resistance will start to show up around 2480/90 and it did. I expect continuous resistance from now on, because existing sellers will probably hedge, and not many new sellers will join. Since 2400, it's obvious that resistance is building up, and I am not a fan of buying into HHs. I simply skip long setups even when I spot them. I only add short crumbs. I don't have a crystal ball that shows me the exact reversal points, it could come at any moment, it all depends on the crowd.
Things are getting more clear. A fast spike up is indeed possible, but most hedges are placed around 2480/90 imo (red circle). These longs are possibly not going to be closed before price is at least back to same levels. Good deal of legacy sellers would probably also just keep the hedges to 2450/2400 in order to not get burned by sudden support. Any fast spike up could result in hedges being closed in profit as well.

Let's just wait for PA and see without trying to apply complex theories to every small move and then later keep adjusting our target numbers for the reversal 6 times in same week. So so so much noise already.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
ma ma make me happy
  • #39,057
  • Aug 20, 2024 3:36am Aug 20, 2024 3:36am
Do you think that, the higher gold climb, the more we want to buy as FOMO, then we will be the fuel for the big seller ??
  • #39,058
  • Aug 20, 2024 3:36am Aug 20, 2024 3:36am
Quoting Techknow
Watch for the daily Hanging man; very common to have a short burst up afterward and then a larger fall. Will know more closer to the close.
This is for the people who dont know how to read. You have to post things multiple times I guess because they are only interested in what they are writing, not others.
TechKnow
  • #39,059
  • Aug 20, 2024 3:37am Aug 20, 2024 3:37am
Quoting ScalaFX
{quote} no SL at this moment, will see later
alright cool
  • #39,060
  • Aug 20, 2024 3:37am Aug 20, 2024 3:37am
The moment of truth... did retracement just start or are we going much, much higher? As said, the next Resistance for the Silver is at 30.7$ - 30.8$. The Gold would be way above 2550$ if that is to take place.
185 traders viewing now, 1 is registered:
Timothy098