Gold | Page 2284 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #45,661
  • Oct 3, 2024 9:36am Oct 3, 2024 9:36am
Folks, do you have a MN candle on the Gold with no wick to the downside?
  • #45,662
  • Oct 3, 2024 9:37am Oct 3, 2024 9:37am
Quoting Silver-King
Folks, do you have a MN candle on the Gold with no wick to the downside?
Yep for now, has been bothering me, ofc with Gold and especially towards the upside it is "possible" that this candle never makes a bottom wick, but the probability is less than 5%
  • #45,663
  • Oct 3, 2024 9:38am Oct 3, 2024 9:38am
Quoting Silver-King
2658$ Resistance and the last Resistance at 2675$. Silver at 32.10$ (last Resistance).
Closed your shorts in good timing
  • #45,664
  • Oct 3, 2024 9:44am Oct 3, 2024 9:44am
Quoting AUsome
{quote} Closed your shorts in good timing
Yeah... seriously, I again do not know anything. This price action is so hard to predict lately...

Okay, H4 is closing in about 15 minutes. Let's see where it'll close.


2658.400$ is H4 Resistance on the Gold and H4 Resistance on the Silver is 32.100$.

*Also, I don't know how, but I can see the wick on the MN candle now. Hahahahah...
  • #45,665
  • Oct 3, 2024 9:47am Oct 3, 2024 9:47am
Quoting Silver-King
{quote} Yeah... seriously, I again do not know anything. This price action is so hard to predict lately... Okay, H4 is closing in about 15 minutes. Let's see where it'll close. 2658.400$ is H4 Resistance on the Gold and H4 Resistance on the Silver is 32.100$. *Also, I don't know how, but I can see the wick on the MN candle now. Hahahahah...

I reopened shorts before it burst upwards so I definitely do not know anything
  • #45,666
  • Oct 3, 2024 9:48am Oct 3, 2024 9:48am
Quoting AUsome
{quote} I reopened shorts before it burst upwards so I definitely do not know anything
Let's wait this H4 out... it seems both H4 on Gold and Silver will fail to close above Resistance, but we'll see very soon.
  • #45,667
  • Oct 3, 2024 9:51am Oct 3, 2024 9:51am
Quoting Silver-King
Folks, do you have a MN candle on the Gold with no wick to the downside?
I am waiting for 2700 or below 2690. Monthly need swept resistance for sell confirmation. Just a personal opinion.
Look right, we'll see the signs
  • #45,668
  • Oct 3, 2024 9:51am Oct 3, 2024 9:51am
Quoting Silver-King
{quote} Let's wait this H4 out... it seems both H4 on Gold and Silver will fail to close above Resistance, but we'll see very soon.

I added shorts at the top so I’m out of it again in small profit.
  • #45,669
  • Oct 3, 2024 9:56am Oct 3, 2024 9:56am
Quoting Evrix
small buy 2648 tp - 2658
TP HIT...
  • #45,670
  • Oct 3, 2024 10:00am Oct 3, 2024 10:00am
may be ATH during nfp and a waterfall after that
  • #45,671
  • Oct 3, 2024 10:03am Oct 3, 2024 10:03am
Quoting Silver-King
{quote} Let's wait this H4 out... it seems both H4 on Gold and Silver will fail to close above Resistance, but we'll see very soon.

Silver already breaks D1 resistance. Going crazy above 32.30 or above
Look right, we'll see the signs
  • #45,672
  • Oct 3, 2024 10:03am Oct 3, 2024 10:03am
sell limit at : 2663
Sl : 2667
Tp : open
  • #45,673
  • Oct 3, 2024 10:10am Oct 3, 2024 10:10am
Quoting azhantahir
{quote} going up again {image}

For me, NO reason to sell gold or silver right now. D1 still in progress. Lower TF continues buying.
Look right, we'll see the signs
  • #45,674
  • Oct 3, 2024 10:11am Oct 3, 2024 10:11am
2658 zone broken. if can stay about this price we may see upward pressure. i will wait for 2673~74 zone to go short. tomorrow there is NFP news.
  • #45,675
  • Oct 3, 2024 10:12am Oct 3, 2024 10:12am
Quoting Orand
sell limit at : 2663 Sl : 2667 Tp : open
would be nice if you could share myfxbook or forefoxfactory stats. i would love to follow you, if see something good.
  • #45,676
  • Oct 3, 2024 10:19am Oct 3, 2024 10:19am
Quoting Tintin2014
2658 zone broken. if can stay about this price we may see upward pressure. i will wait for 2673~74 zone to go short. tomorrow there is NFP news.
D1 will be closed with a green candle by the end of session. Minor retrace will happen tomorrow for an upper target. Hopely. Just a personal opinion.
Look right, we'll see the signs
  • #45,677
  • Oct 3, 2024 10:33am Oct 3, 2024 10:33am
Only if trendline breaks, may be this can be happen
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (29).png Size: 40 KB
  • #45,678
  • Oct 3, 2024 10:43am Oct 3, 2024 10:43am
Careful here folks... easy...

H4 on the Gold has closed above Resistance, however H4 on the Silver has closed below Resistance it'll probably remain below Resistance.

I will put my money on the Short and my decision is final.

I expect the price of Gold and Silver (especially Silver) to tank hard tomorrow.


Longs below 30$ on the Silver I will close now. I have closed the Longs below 31$ earlier today.
There's no going back from this decision.

Taking profit now on the Silver was one of the most difficult decision I had to make, because I know that very soon the Silver will hit 35$. Problem is, NFP could erase almost all of my gains tomorrow and I don't want to see that happening.

Plan: Short NFP and then when we reach certain Support on the Gold and Silver I am Long, then Long and then Long again. I will Buy every retracement towards 35$.
Attached Image (click to enlarge)
Click to Enlarge Name: Silver.png Size: 15 KB
  • #45,679
  • Oct 3, 2024 10:52am Oct 3, 2024 10:52am
Long with tight sl at : 2656
Sl : 2653.50
Tp : 2661
  • #45,680
  • Oct 3, 2024 10:54am Oct 3, 2024 10:54am
Quoting azhantahir
{quote} Silver already breaks D1 resistance. Going crazy above 32.30 or above
Hopefully, it goes tomorrow and then we Buy like crazy. If not and if NFP turns out to be trash, I'll Buy Silver as well.
330 traders viewing now, 3 are registered:
Vicpa
,
HugoCC
,
m.hawa