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  • #48,721
  • Oct 24, 2024 3:59pm Oct 24, 2024 3:59pm
I see the head and shoulders but with gold's current momentum, I don't think it will work. It retraced 500 pips yesterday which I think is enough for now. If it defies this shs, it wont be the first time its defying major technicals.
cheers
  • #48,722
  • Oct 24, 2024 4:16pm Oct 24, 2024 4:16pm
Quoting michiyo
I see the head and shoulders but with gold's current momentum, I don't think it will work. It retraced 500 pips yesterday which I think is enough for now. If it defies this shs, it wont be the first time its defying major technicals. cheers
The truth is Gold hasn’t been trading on technicals or fundamentals lately. Which is scary in itself lol
  • #48,723
  • Oct 24, 2024 4:57pm Oct 24, 2024 4:57pm
Quoting Haks
{quote} The truth is Gold hasn’t been trading on technicals or fundamentals lately. Which is scary in itself lol
Technicals only work if someone has room to manipulate the market and everyone lets it happen/goes along with it/doesn't have power to disrupt it. Given enough buying/selling power it becomes irrelevant, especially if it is a discount in a massive uptrend, that is enough to mess things up.
But like was said before, as it is now the risk isn't massive, or just wait for it to cross the neck for even less risk. Buying doesn't seem like a good idea, for that just wait for it to break up. This is not as complicated as it seems, it's actually a comfortable position.
  • #48,724
  • Oct 24, 2024 5:29pm Oct 24, 2024 5:29pm
2607 bottom in November

Fresh highs first.
Que Sera
  • #48,725
  • Oct 24, 2024 6:41pm Oct 24, 2024 6:41pm
Quoting Polimini
{quote} Technicals only work if someone has room to manipulate the market and everyone lets it happen/goes along with it/doesn't have power to disrupt it. Given enough buying/selling power it becomes irrelevant, especially if it is a discount in a massive uptrend, that is enough to mess things up. But like was said before, as it is now the risk isn't massive, or just wait for it to cross the neck for even less risk. Buying doesn't seem like a good idea, for that just wait for it to break up. This is not as complicated as it seems, it's actually...
Same here. I'm extremely bearish (at least in the short term) and only looking to short.

Do you have plenty of open positions?
  • #48,726
  • Oct 24, 2024 7:38pm Oct 24, 2024 7:38pm
Bull at asia session as usual. Place pending order
Telegram orderflowbuddy
  • #48,727
  • Oct 24, 2024 7:47pm Oct 24, 2024 7:47pm
Quoting arulisme
Bull tại phiên giao dịch châu Á như thường lệ. Đặt lệnh chờ
Thank you for giving me the sell signal
  • #48,728
  • Oct 24, 2024 8:14pm Oct 24, 2024 8:14pm
Quoting arulisme
Bull at asia session as usual. Place pending order
start to fly..
Telegram orderflowbuddy
  • #48,729
  • Oct 24, 2024 9:00pm Oct 24, 2024 9:00pm
Quoting Mitiblotch
{quote} These are all time highs. Everybody is already screwed. I'll change my opinion if I see a daily close above 2760.
I encourage you to stick to your plan. Only you know, what you are trying to do. Trust me, you are not alone.
Look right, we'll see the signs
  • #48,730
  • Oct 24, 2024 9:11pm Oct 24, 2024 9:11pm
spent a whole 2 hours in the morning making things easier for MYSELF [not sharing grrrrr]
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  • #48,731
  • Oct 24, 2024 9:20pm Oct 24, 2024 9:20pm
Quoting ElCampeador
{quote} 2693 would be nice
Although we do not visually see that it has reached 2693, it is de facto done. The lows will also occur during the weekend and so on until it will possibly be Tuesday when it turns upward again.
The warrior of good
  • #48,732
  • Oct 24, 2024 9:30pm Oct 24, 2024 9:30pm
from 1618 gold has gone up non stop without a consolidation break
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  • #48,733
  • Oct 24, 2024 9:46pm Oct 24, 2024 9:46pm
gold - 25/oct/24
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  • #48,734
  • Oct 24, 2024 9:47pm Oct 24, 2024 9:47pm
gold - 15min
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  • #48,735
  • Oct 24, 2024 9:54pm Oct 24, 2024 9:54pm
Quoting Hulkisbck
gold - 25/oct/24 {image}
I don't understand it
  • #48,736
  • Edited 10:12pm Oct 24, 2024 9:55pm | Edited 10:12pm
[quote=azhantahir;15039622]{quote} H1 swing high completed. [/quote

I don't care what people say but at the same time, I do respect your opinion and the decision already you made. Just stick to what I'm trying to do. It's a simple method, just respect what prices are doing. Price already toll you with candlesticks. Follow the rules already told you. I know, I'm not alone as a SELLER

Methodology: Price Action/OHLC/CRS


#My personal target at the previous monthly high. If you ask HOW, I didn't know. My apology. See you all after London Open

edited.
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Look right, we'll see the signs
  • #48,737
  • Oct 24, 2024 9:55pm Oct 24, 2024 9:55pm
can gold reach 2723 lol
  • #48,738
  • Oct 24, 2024 9:55pm Oct 24, 2024 9:55pm
Gold - 15min ...

only pivot points
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  • #48,739
  • Oct 24, 2024 9:58pm Oct 24, 2024 9:58pm
Quoting PatienceFx
can gold reach 2723 lol
any correction is welcome
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  • #48,740
  • Oct 24, 2024 9:58pm Oct 24, 2024 9:58pm
Quoting PatienceFx
can gold reach 2723 lol
my personal target, previous monthly high 26XX
Look right, we'll see the signs
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