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  • #44,721
  • Sep 26, 2024 9:10am Sep 26, 2024 9:10am
2666 is daily VWAP we broke below now going to retest it, might reject there and continue down
  • #44,722
  • Sep 26, 2024 9:12am Sep 26, 2024 9:12am
Quoting SnakeDok
2666 is daily VWAP we broke below now going to retest it, might reject there and continue down
the number of orders i saw at 2679. i think they will either go for it or they will break today's low and print 2638 which was my yesterday's target but never got printed
  • #44,723
  • Sep 26, 2024 9:12am Sep 26, 2024 9:12am
well it's awfully quiet maybe ya'll out there biting yo fingers over the news break?
  • #44,724
  • Sep 26, 2024 9:14am Sep 26, 2024 9:14am
Quoting SnakeDok
2666 is daily VWAP we broke below now going to retest it, might reject there and continue down
VWAP?
Its all just one persons opinion
  • #44,725
  • Sep 26, 2024 9:16am Sep 26, 2024 9:16am
Unless a touch on 2650 i'm not exiting this sell.
  • #44,726
  • Sep 26, 2024 9:16am Sep 26, 2024 9:16am
Quoting axecap
{quote} VWAP?
Volume Weighted Average Price, meaning a moving average but takes volume into account, more reliable than normal MA in my opinion
  • #44,727
  • Sep 26, 2024 9:17am Sep 26, 2024 9:17am
Quoting giveachance
{quote} the number of orders i saw at 2679. i think they will either go for it or they will break today's low and print 2638 which was my yesterday's target but never got printed
Indeed, 2679, 2668 and 2661 highest volume zones today with 2661 beeing the highest
  • #44,728
  • Sep 26, 2024 9:18am Sep 26, 2024 9:18am
Quoting giveachance
{quote} u mean 2688 and above.. even if NFP were to be printed in few mins that wont happen
i mean bears are shit!

and they can kiss good bye
  • #44,729
  • Sep 26, 2024 9:18am Sep 26, 2024 9:18am
Quoting Orand
long at : 2663 Sl : 2659 Tp : 2668
tp hit
  • #44,730
  • Edited 9:51am Sep 26, 2024 9:19am | Edited 9:51am
short at 2668
SL : 2672
TP : OPEN
----------------------
Add short at 2666.60
Sl : 2672
Tp : 2662
  • #44,731
  • Sep 26, 2024 9:21am Sep 26, 2024 9:21am
Quoting Orand
short at 2668 SL : 2672 TP : OPEN
Premature...


Price structure still looks bullish!
  • #44,732
  • Sep 26, 2024 9:22am Sep 26, 2024 9:22am
Quoting Whale
{quote} post #44630
I said the Gold is probably not going below 2400$ anymore, however not 2500$. As said, Support should be somewhat below 2500$.
  • #44,733
  • Sep 26, 2024 9:22am Sep 26, 2024 9:22am
Quoting NrSLionHeart
{quote} Premature...
It's a good level, in his strategy of entering a lot of positions with small size it makes sense
  • #44,734
  • Sep 26, 2024 9:22am Sep 26, 2024 9:22am
Quoting Orand
short at 2668 SL : 2672 TP : OPEN
Also Short at 2668$.

Will TP somewhere around 2630$ if the sell-off continues, if not I'll dump Shorts relatively quickly.
  • #44,735
  • Sep 26, 2024 9:23am Sep 26, 2024 9:23am
Quoting Silver-King
{quote} I said the Gold is probably not going below 2400$ anymore, however not 2500$. As said, Support should be somewhat below 2500$.
I dont care.

bears are shit!

buy gold intraday
  • #44,736
  • Sep 26, 2024 9:23am Sep 26, 2024 9:23am
My scenario is a correction till around 10 october.
Soy el Patron
  • #44,737
  • Sep 26, 2024 9:24am Sep 26, 2024 9:24am
Testing bear, I'll try small lot selling from 2670 (sl 2675)
  • #44,738
  • Sep 26, 2024 9:26am Sep 26, 2024 9:26am
Long 2665
tp open
sl 2660
  • #44,739
  • Sep 26, 2024 9:26am Sep 26, 2024 9:26am
Quoting Whale
{quote} I dont care. bears are shit! buy gold intraday
Bears are having a tough day, week, month and year yeah.

We should probably continue to rally until US selections, as any major drop in PMs would mean that the stocks would get hit pretty bad as well, unless the wars would stop in which case the PMs would get hit and stocks would rally like crazy, but I doubt that highly.
  • #44,740
  • Sep 26, 2024 9:27am Sep 26, 2024 9:27am
Quoting Silver-King
{quote} Also Short at 2668$. Will TP somewhere around 2630$ if the sell-off continues, if not I'll dump Shorts relatively quickly.

This is what I see on my screen...
Attached Image (click to enlarge)
Click to Enlarge Name: gold 26 sept 24.jpg Size: 208 KB


The PA is next:

Scenario 1 (bearish scenario):
1. Price tries to hit 50% retracement
2. If it does not hit it, it tries to challenge the bottom again
3. Fails to take the bottom
4. Moves up and tries again to hit 50% retracement
5. Fails for the second time, tries to take the bottom the second time, succeeds and goes down

Scenario 2 (bullish scenario):

1. Price tries to hit 50% retracement
2. If it does not hit it, it tries to challenge the bottom again
3. Goes back up, hits 50% and hovers in that area a certain amount of time - can be days
4. Then it moves up and takes the top

At this point it is not clear what scenario is playing, but we will find out....
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