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  • #39,101
  • Aug 20, 2024 4:31am Aug 20, 2024 4:31am
Short at 2524, Still looking for a possible move to 2528 (my make or break line listed earlier) I will take a short here regardless and catch some pips
TechKnow
  • #39,102
  • Aug 20, 2024 4:32am Aug 20, 2024 4:32am
Please go down now Gold. Hedging where possible, have sells near 2400, so not adding shorts again, just buying the dip, so a fat retracement will do nicely.
"Who Dares Wins"
  • #39,103
  • Aug 20, 2024 4:34am Aug 20, 2024 4:34am
Quoting Techknow
Short at 2524, Still looking for a possible move to 2528 (my make or break line listed earlier) I will take a short here regardless and catch some pips
Stop at +1 will take a break till the news now
TechKnow
  • #39,104
  • Aug 20, 2024 4:36am Aug 20, 2024 4:36am
Quoting Ravenfeeder
Please go down now Gold. Hedging where possible, have sells near 2400, so not adding shorts again, just buying the dip, so a fat retracement will do nicely.
fingers crossed for you Raven

hedge and close higher up could be a good call.

GL
Que Sera
  • #39,105
  • Aug 20, 2024 4:45am Aug 20, 2024 4:45am
Quoting profits7
{image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #39,106
  • Aug 20, 2024 4:45am Aug 20, 2024 4:45am
Quoting Ravenfeeder
Please go down now Gold. Hedging where possible, have sells near 2400, so not adding shorts again, just buying the dip, so a fat retracement will do nicely.
NYO could give that, but 2510 should hold most likely, anything lower will be a liquidity grab/sl hunt. Good luck my friend!
Fate goes ever, as fate must.
  • #39,107
  • Aug 20, 2024 4:47am Aug 20, 2024 4:47am
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We watch the charts from every angle so you don't have to!!
  • #39,108
  • Aug 20, 2024 4:50am Aug 20, 2024 4:50am
Quoting Catempire
{quote} fingers crossed for you Raven hedge and close higher up could be a good call. GL
He does not need luck, only needs to play smart.
We watch the charts from every angle so you don't have to!!
  • #39,109
  • Aug 20, 2024 4:56am Aug 20, 2024 4:56am
Quoting pedro319
{quote} He does not need luck, only needs to play smart.
lol.

how long have you been doing this for ?

in the markets anything can happen. This could move 300 points in a day & there ain’t no amount of “ smart play “ that will stop that from happening.
Que Sera
  • #39,110
  • Aug 20, 2024 4:58am Aug 20, 2024 4:58am
I remember this move was a account killer
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  • #39,111
  • Aug 20, 2024 4:58am Aug 20, 2024 4:58am
just announcement of peace deal from israel made it 2525 today...
and NY session may push it further
  • #39,112
  • Aug 20, 2024 4:59am Aug 20, 2024 4:59am
you guys are both making money. why argue ?
  • #39,113
  • Aug 20, 2024 5:00am Aug 20, 2024 5:00am
Quoting BigB-
you guys are both making money. why argue ?
I don't know
We watch the charts from every angle so you don't have to!!
  • #39,114
  • Aug 20, 2024 5:01am Aug 20, 2024 5:01am
Quoting Catempire
{quote} lol. how long have you been doing this for ? in the markets anything can happen. This could move 300 points in a day & there ain’t no amount of “ smart play “ that will stop that from happening.
Long enough to know most people don't understand anything about it.
We watch the charts from every angle so you don't have to!!
  • #39,115
  • Aug 20, 2024 5:02am Aug 20, 2024 5:02am
Quoting BigB-
you guys are both making money. why argue ?
fair point.

we agree to disagree.

pedro no offence mate, I’ve no doubt you are sound and good at this stuff, we just disagree on the importance on certain topics, that’s allowed.
Que Sera
  • #39,116
  • Aug 20, 2024 5:02am Aug 20, 2024 5:02am
Quoting Silver-King
H4 Candle left no wick to the downside. I'll wait this candle out and see what'll happen. There's no panic yet... the price is going up, however it's very slow...
Alright, H4 made a wick to the downside on the Silver and now we wait for the same to happen on the Gold.
  • #39,117
  • Aug 20, 2024 5:05am Aug 20, 2024 5:05am
Quoting Bloodwish
I remember this move was a account killer {image}
This range killed way more, i would assume.

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ma ma make me happy
  • #39,118
  • Aug 20, 2024 5:10am Aug 20, 2024 5:10am
Patience is very important in this business. Price will almost always reach its targets, eventually. We have to stay patient until it does and then we jump in. One can put SL at the price at which the setup/pattern/S&R isn't valid anymore or one can enter/close the positions manually without limit/stop orders.
  • #39,119
  • Aug 20, 2024 5:16am Aug 20, 2024 5:16am
Quoting Techknow
{quote} Same reason I have 2528 listed on mine (2nd purple line), you also saw the IHNS as well I see
Open mind should see all what logical ! Anyway next weekly target same 2578 , even 2616 areas with or without correction ! So just old analysis next 2544 and 78 may care first ! All in a last leg up !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #39,120
  • Aug 20, 2024 5:18am Aug 20, 2024 5:18am
Quoting Sincere007
just announcement of peace deal from israel made it 2525 today... and NY session may push it further
A peace deal from Israel would cause gold to fall. It definitely would not be the reason it moves up. Cheers.
TechKnow
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