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  • #50,661
  • Nov 6, 2024 3:16am Nov 6, 2024 3:16am
Quoting Karanjot
Majority of people took a short position right now , gold will make a ATH to take out the short position, then it will be a slowly headed down , ever pair did a insane movement, be safe
could be right.. but 1h momentum need to change first.
big bullish candle can help
  • #50,662
  • Edited 5:26am Nov 6, 2024 3:29am | Edited 5:26am
short at : 2721.50
Sl : 2729.50
Tp : open,(close at 2715)(+65pip)
----------------------
Add short at : 2722.56
Sl : 2729.50
Tp : open(close at 2715)(+70 pip)
  • #50,663
  • Nov 6, 2024 3:30am Nov 6, 2024 3:30am
Gold buy 2720

SL for a small account: 2715
SL for a large account: 2700
tp1 2722
tp2 2724
tp3 2726
tp4 2728
tp5 2730
tp6 2732
tp7 2734
tp8 2736
tp9 2738
tp10 2740
tp11 2742
tp12 2744
tp13 2746
tp14 2748
tp15 2750
tp16 2752
tp17 2754
tp18 2756
Success is not final, failure is not fatal... - Winston Churchill
  • #50,664
  • Nov 6, 2024 3:31am Nov 6, 2024 3:31am
Quoting Whale
{quote} omg.. you didn’t cash out nothing yet from the short.
No, this is a long-term view. Gold only.
Ask me that when we get to 2400.
I trade small intraday movements that I don't write about here and that aren't yet significant.
Also, according to my fundamental view (1st link above), I am trading other FX, Indis... EURUSD short and USDJPY long tonight.
The aim of my subsequent post here on gold is to show how a longer path can be taken.
As before described, it can succeed or not.
I'm not sure if I should continue the description here or get bored.
Because a lot of value is placed on scalp here. Why fight windmills? I ask myself sometimes.
  • #50,665
  • Nov 6, 2024 3:32am Nov 6, 2024 3:32am
Quoting Karanjot
Majority of people took a short position right now , gold will make a ATH to take out the short position, then it will be a slowly headed down , ever pair did a insane movement, be safe
long way to go for ATH struggled to even touch resistance levels up past few days might see that similar move up as down but current price action doesn’t indicate a full throttle move upwards …maybe if another news outlet declares Harris victory
  • #50,666
  • Nov 6, 2024 3:33am Nov 6, 2024 3:33am
Quoting MrFanciful
{quote} The problem that the UK has is that none of the cabinet members have any experience running a business. So they have zero idea about the needs of businesses or how to create jobs.
UK is a different game .. all together ..
Candlesticks dont move markets, Volume does
  • #50,667
  • Nov 6, 2024 3:35am Nov 6, 2024 3:35am
monthly
Attached Image (click to enlarge)
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vankiepsauff@gmail
  • #50,668
  • Nov 6, 2024 3:46am Nov 6, 2024 3:46am
My mother in law telling me to buy!!!
Attached Image (click to enlarge)
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Behind Every Chart Lies An Opportunity Waiting To Be Uncovered.!!!
  • #50,669
  • Nov 6, 2024 4:03am Nov 6, 2024 4:03am
Quoting smellyfeet
My mother in law telling me to buy!!! {image}
I was with her last night and she's quite delusional
  • #50,670
  • Nov 6, 2024 4:15am Nov 6, 2024 4:15am
(Gold Futures)
There is still major liquidity on the offers around ATH, one that never pulled on 2,815 and layering is seen up to 3,000.
We did see an attempt to establish support at around 2,740 only to be broken with election news, yet testing the support area of 2,730 - 2,722.
Although we see a small correction from ATH and the growing bearish probability, the intent doesn't look bearish considering price reaction to support areas.
There is still buying interest, icebergs on bids, and the attempt of the offers to attract price higher. Nevertheless, we should keep in mind that the big boys got filled on the offers from 2,720 to ATH and greedy for even higher prices.
  • #50,671
  • Nov 6, 2024 4:24am Nov 6, 2024 4:24am
Quoting smellyfeet
My mother in law telling me to buy!!! {image}
Mine tells me to sell
Nothing’s permanent…..
  • #50,672
  • Nov 6, 2024 4:34am Nov 6, 2024 4:34am
Quoting smellyfeet
My mother in law telling me to buy!!! {image}
hope she's right
  • #50,673
  • Nov 6, 2024 4:34am Nov 6, 2024 4:34am
Quoting 69Doggy
{quote} I was with her last night and she's quite delusional
What is the purpose of making a statement like this? P sure you're a virgin IRL lol.
  • #50,674
  • Nov 6, 2024 4:37am Nov 6, 2024 4:37am
Gold going to get a Trump Pump?
or dump trump
  • #50,675
  • Nov 6, 2024 4:37am Nov 6, 2024 4:37am
Quoting Whale
Took long now 2722, very risky. but should be good scalp. target between 2736-2740
out @ 2725.3

not easy PA to read.

momentum and structure blowing to the same direction - down
but range is too big to trade and the price of the mistake could be big.
  • #50,676
  • Nov 6, 2024 4:41am Nov 6, 2024 4:41am
Quoting Whale
{quote} out @ 2725.3 not easy PA to read. momentum and structure blowing to the same direction - down but range is too big to trade and the price of the mistake could be big.
im almost sure it will going down soon.. but i will pass.
  • #50,677
  • Nov 6, 2024 4:45am Nov 6, 2024 4:45am
Quoting Whale
{quote} im almost sure it will going down soon.. but i will pass.
yeh looks like it’s breaking down unless it gets that random jump, was expecting a decent pump b4 dump can’t see it currently
  • #50,678
  • Edited 5:24am Nov 6, 2024 4:50am | Edited 5:24am
Quoting Orand
short at : 2721.50 Sl : 2729.50 Tp : open, ---------------------- Add short at : 2722.56 Sl : 2729.50 Tp : open
add another short at : 2720
Sl : 2733
Tp : 2714(tp hit ) (+60pip)
  • #50,679
  • Nov 6, 2024 4:55am Nov 6, 2024 4:55am
Quoting Interesting0
{quote} yeh looks like it’s breaking down unless it gets that random jump, was expecting a decent pump b4 dump can’t see it currently
lol how many times have we seen gold breaking down then suddenly reverse rapidly

many many many times
  • #50,680
  • Nov 6, 2024 4:55am Nov 6, 2024 4:55am
Quoting Interesting0
{quote} yeh looks like it’s breaking down unless it gets that random jump, was expecting a decent pump b4 dump can’t see it currently
When im looking on monthly/weekly..
the momentum is at another level of craziness.
Halt is needed, but unfortunately every low will buy back quick, and its not easy to trade like that.
but November will be red.. no matter what.
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