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  • #47,861
  • Oct 21, 2024 7:35am Oct 21, 2024 7:35am
Quoting FulMargnAlch
Sellers are in. No option.
+SL because nobody knows where price is going or buy when opportunity rise based on the session footprints.
The market hides a perfect geometry.
  • #47,862
  • Edited 7:57am Oct 21, 2024 7:36am | Edited 7:57am
Quoting ElCampeador
We could see 2500 by friday
I am modyfyimg the Evolution from when it hits the ground (2500) on friday/monday. It will be temp low the trend has reversed to the downside.
Soy el Patron
  • #47,863
  • Oct 21, 2024 7:41am Oct 21, 2024 7:41am
Buyers right now — especially those who marry their positions(when in fact, nobody knows where price is going)
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The market hides a perfect geometry.
  • #47,864
  • Oct 21, 2024 7:43am Oct 21, 2024 7:43am
The open line could be a turning point or continuation, let's watch.
The market hides a perfect geometry.
  • #47,865
  • Oct 21, 2024 7:46am Oct 21, 2024 7:46am
Quoting PushnPull
{quote} There're some factors you may want to consider before put patterns into decisions. Some would argue that Gold keep rising due to War and threats of WWIII. (Although it wasn't wrong but there other things like US elections, the ways BRICS want to overthrown the $,....) The wars in middle east which is the hot exportation of 26% world's oil, the security of Red Sea definitely the driving factor of oil's price since it rising so high when situation escalated (Gold still rising no matter that) and cool down when lately US step in and kept Israel...
You seem a smart guy. Are you capable to see what has happened between these 3 charts on diferent plataforms
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Soy el Patron
  • #47,866
  • Oct 21, 2024 7:47am Oct 21, 2024 7:47am
First decent pullback in a while. And surely it should continue for a while but I won’t be surprised if it returns to ATH again shortly lol
  • #47,867
  • Oct 21, 2024 7:47am Oct 21, 2024 7:47am
Married buyers waiting for pump so they can debunk those neutral people who sold the current situation to earn money (just buy again when there is a chance).
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The market hides a perfect geometry.
  • #47,868
  • Oct 21, 2024 7:47am Oct 21, 2024 7:47am
Quoting ElCampeador
{quote} I am modyfyimg the Evolution from when it hits the ground (2500) on friday/monday. It will be temp low the trend has reverse to the downside.
what is your AVG sell for that
  • #47,869
  • Oct 21, 2024 7:47am Oct 21, 2024 7:47am
Quoting lipopos
{quote} Well, go ahead and explain to them, I quote you, "when and where to trade with a return to the mean." And if you are not going to do this, then why all this pathos?
Why? Is it hard to read price structure?
More time in the market, does not mean you trade better!
  • #47,870
  • Oct 21, 2024 7:48am Oct 21, 2024 7:48am
This is just profit taking. It always goes this dramatically fast down.
  • #47,871
  • Oct 21, 2024 7:51am Oct 21, 2024 7:51am
Quoting lipopos
{quote} Why is that? Is it because I'm shopping? Or is it because they are trying to go against the direction of the market?
They bring the supermarket mentality to trading. Buy everything falling/at discount and/or sell everything rising /at premium, only to find out they missed a massive opportunity,which could be a way of extracting liquidity from the market, just by following the price structure.
More time in the market, does not mean you trade better!
  • #47,872
  • Oct 21, 2024 7:51am Oct 21, 2024 7:51am
Buying now
  • #47,873
  • Oct 21, 2024 7:52am Oct 21, 2024 7:52am
whenever gold has been falling this fast, it shoots up even faster

if i was a seller, i'd take my profits now
  • #47,874
  • Oct 21, 2024 7:53am Oct 21, 2024 7:53am
Quoting mades
This is just profit taking. It always goes this dramatically fast down.
To be fair it was too overextended with very little pull back. Literally gone up over $100 in less than a week.

Some correction is needed surely.
  • #47,875
  • Oct 21, 2024 7:53am Oct 21, 2024 7:53am
An example of a MARRIED BUYER who hope to sell his indicator (slingshots price to the moon)

Hopes for a pump because the market is trending upwards. Dogmatic bulls.
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The market hides a perfect geometry.
  • #47,876
  • Oct 21, 2024 7:55am Oct 21, 2024 7:55am
first day of the week done
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https://t.me/biogoldscalper
  • #47,877
  • Oct 21, 2024 7:55am Oct 21, 2024 7:55am
Quoting azhantahir
{quote} EXTRA ENTRY FOR TODAY. After corrections, GOLD gift more discount. More discount means a lot of probabilities. Entry for full retracement at Resistance zones. Hopefully going (2680 retracement) SOON. It's not about against the markets, but trading what you see. Just a personal opinion. Trade safe #Overall trends still uptrend for upper TF. IMO TFM30/TFM1...

Buy times maybe another HH coming soon or pullback for H1 No one know. IMO
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Look right, we'll see the signs
  • #47,878
  • Oct 21, 2024 7:55am Oct 21, 2024 7:55am
Quoting Fardeen1209
Sellers be like {image} Fun fact: they have been like this for 90% of the time. Looks like they really dont understand what is meant by trend is your friend, when and where to buy or sell. What is called by a trend following system or mean reversion system, when and where to trade the mean reversion. And when to leave the supermarket mentality behind, i.e buy everything falling and sell everything rising. You guys decide what to do.
fardeen i dont really get your point lately.
Especially as a intraday trader.
what is wrong by short if you aware to the risk?
not all about structure.
  • #47,879
  • Oct 21, 2024 7:57am Oct 21, 2024 7:57am
ok, so an obvious question from a newbiee, how to catch/predict such moves?
  • #47,880
  • Oct 21, 2024 7:58am Oct 21, 2024 7:58am
Quoting dummytt
{quote}{image}
2740 reached
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My posts are for educational purpose only.
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