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  • #45,221
  • Sep 30, 2024 3:50pm Sep 30, 2024 3:50pm
Quoting Hulkisbck
Gold - 01/oct/2024 All level update daily and new monthly level updated ... {image}
Brother What is that means L1 and L2 and L3 ?
  • #45,222
  • Sep 30, 2024 4:03pm Sep 30, 2024 4:03pm
Quoting MaddyBhai
{quote} Brother What is that means L1 and L2 and L3 ?
L means = Low level 1, 2, 3

H means = High level 1, 2, 3

... its means when at L level seller pressure strong, same for H level where buyer strong...

when price touch L3 it means seller try to profit booking zone, so buyer jump at that zone and buyer buy at that level, same for seller at H3 level where buyer book profit and seller try to jump in train for sell i hope u under stand ...
  • #45,223
  • Sep 30, 2024 5:16pm Sep 30, 2024 5:16pm
Woke up and saw price dropped further, hit stoploss of all my buy limit but not consistently stay below. This often be fake break out. So bull still in control and buy levels still valid. Let's see how this turn out.
  • #45,224
  • Sep 30, 2024 5:47pm Sep 30, 2024 5:47pm
I said i do nothing at all. Intended to short at 2650. Did i miss it?

So now, i can see that might be a retracement before continuing the drop. I will try to long at 2622.61. if let say price goes down. Max 30 pips stop loss at 2619.61, price should retrace to 2646-2650. But i will just take profit at 2632.61 or 2629.61
Trading is very lonely
  • #45,225
  • Sep 30, 2024 6:49pm Sep 30, 2024 6:49pm
Gold - 15min
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  • #45,226
  • Edited 10:13pm Sep 30, 2024 8:15pm | Edited 10:13pm
long at : 2635.70
Sl : 2631.70
Tp: 2640.70(tp hit)
--------------------
add long at : 2639.40(risky)
SL : 2635.4
TP ; 2641.4(tp hit)
  • #45,227
  • Sep 30, 2024 9:05pm Sep 30, 2024 9:05pm
Hmmm change of mind i lookin to short at 2666 if price goes that way. This pa is trying to retrace there. It might hit there today or tomorrow or might not hit at all.
Trading is very lonely
  • #45,228
  • Sep 30, 2024 10:12pm Sep 30, 2024 10:12pm
Quoting Orand
long at : 2635.70 Sl : 2631.70 Tp: 2640.70 -------------------- add long at : 2639.40(risky) SL : 2635.4 TP ; 2641.4
(both tp hit)
  • #45,229
  • Sep 30, 2024 10:36pm Sep 30, 2024 10:36pm
Quoting Hulkisbck
Gold - 15min {image}
Gold - 15min
Attached Image (click to enlarge)
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  • #45,230
  • Sep 30, 2024 10:52pm Sep 30, 2024 10:52pm
Quoting Hulkisbck
{quote} Gold - 15min {image}
agree with your chart
2655 is the short term equilibrium zone
i believe before in the next couple of hours we will hit 2650-2655
but im not sure i want to sell it immediately.
  • #45,231
  • Sep 30, 2024 11:11pm Sep 30, 2024 11:11pm
Quoting Whale
{quote} agree with your chart 2655 is the short term equilibrium zone i believe before in the next couple of hours we will hit 2650-2655 but im not sure i want to sell it immediately.
Same sentiment, I believe enough liquidity has been collected to move higher past ATH, Powell's speech just helped the cause.

PA will tell after London open!
  • #45,232
  • Sep 30, 2024 11:23pm Sep 30, 2024 11:23pm
Quoting Silver-King
Gold Daily Candle will actually close above Support and open tomorrow above Support. Maybe we're going for that 2650$ Whale was mentioning. Then, we'll see...
Daily Support seems to be holding for now.
H4 Chart is slowly being taken by Bears, but a decent rally would put Bulls back into driving seat.

Whether this is just a retracement of the Sell remains to be seen.

Path for the price is starting to get critical for if Bears can win the fight on the H4 TF, then the price is definitely diving below 2600$.
  • #45,233
  • Sep 30, 2024 11:24pm Sep 30, 2024 11:24pm
Quoting Whale
{quote} agree with your chart 2655 is the short term equilibrium zone i believe before in the next couple of hours we will hit 2650-2655 but im not sure i want to sell it immediately.
I see the current price action i dont understand now.
Either big push to 2666 or big drop to 2622
Trading is very lonely
  • #45,234
  • Sep 30, 2024 11:45pm Sep 30, 2024 11:45pm
H4 Resistance is at 2645$ and this is why the price is stalling.

If the Bulls can manage to take over the H1 TF again, H1 candle will have to close above 2653$ first and then above 2660$. Last Resistance which is another H4 Resistance is waiting for the Bulls at 2665$. Above that, the Bulls are again in a complete control.

It'll come down to if the Bulls can manage to make a break above or not.
  • #45,235
  • Sep 30, 2024 11:53pm Sep 30, 2024 11:53pm
Short at 2645$ and SL at around 2655$.

TP at some Support.. actually, TP at around 2600$. Second Daily Support and H4 Main Support are at the same price basically, somewhat below 2600$.
  • #45,236
  • Oct 1, 2024 12:33am Oct 1, 2024 12:33am
Quoting Silver-King
Short at 2645$ and SL at around 2655$. TP at some Support.. actually, TP at around 2600$. Second Daily Support and H4 Main Support are at the same price basically, somewhat below 2600$.
thank you for share your idea sir
You mean gold fall down now?
  • #45,237
  • Oct 1, 2024 12:43am Oct 1, 2024 12:43am
Quoting luckytujuh
{quote} I see the current price action i dont understand now. Either big push to 2666 or big drop to 2622

what you don't understant?

1h is the only TF that is Bearish structure
price is above Asian range after LO, we looking for long only on PB
  • #45,238
  • Oct 1, 2024 12:45am Oct 1, 2024 12:45am
Quoting Ras62
{quote} thank you for share your idea sir You mean gold fall down now?
toh tujhe kya hindi mein likh kar bataye Mr Khesari lal yadav
  • #45,239
  • Oct 1, 2024 12:49am Oct 1, 2024 12:49am
Quoting dilidanjaro
I'm an owl now. Trading the bounce too .. I even posted Pedro's level in the morning smart people makes money {image}
The tp level is coming...
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #45,240
  • Oct 1, 2024 1:00am Oct 1, 2024 1:00am
i don't know who knows CRT (Candle Range Theory)

but look at the monthly, before any retracement after a bullish candle (bullish candle - Closed above previous candle wick)

always we saw a break above first and after that - turtle soup, and down move

so, new high first before 2471?
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