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  • #53,901
  • Nov 28, 2024 8:28am Nov 28, 2024 8:28am
Quoting PatienceFx
{quote} I got the idea from s a L
  • #53,902
  • Nov 28, 2024 8:29am Nov 28, 2024 8:29am
Quoting daemondeluxe
{quote} Bullish hasnt settled yet. Long 41, SL 38, TP 55-58. wont be todsy, but maybe I can SL to BE today.
agree with the bullish momentum, however Asia seems to enjoy doing the opposite to Europe and US lately and that concerns me. Even with a US Bank Holiday.

let’s see
  • #53,903
  • Nov 28, 2024 8:31am Nov 28, 2024 8:31am
Quoting Mosese
{quote} I dont see a triangle wedge. Or specifically, I don't see a triangle
are you sure ?

i gave you a chance
Attached Image (click to enlarge)
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  • #53,904
  • Nov 28, 2024 8:32am Nov 28, 2024 8:32am
Quoting Tradersview-
{quote}
made it in excel with concat
  • #53,905
  • Nov 28, 2024 8:32am Nov 28, 2024 8:32am
Quoting giveachance
{quote} i think this news has come late to the public. it probably happened in morning hrs and that may be reason for small gold rally
If in that case , 2647.8 resisted, ping pong at daily Pivot 2640
  • #53,906
  • Nov 28, 2024 8:34am Nov 28, 2024 8:34am
Quoting Tradersview-
{quote} If in that case , 2647.8 resisted, ping pong at daily Pivot 2640
A big fall below 2612 wouldn't surprise
  • #53,907
  • Nov 28, 2024 8:37am Nov 28, 2024 8:37am
Quoting Tradersview-
{quote} 2653 retest possible
If not retest , a break below today's low can drive to 2596/2583
  • #53,908
  • Nov 28, 2024 8:40am Nov 28, 2024 8:40am
Quoting Tradersview-
{quote} If not retest , a break below today's low can drive to 2596/2583
that’s what I’m waiting for in a trade I’ve been holding for a few days now, Asia tried it for me last night but wasn’t quite the target zone
  • #53,909
  • Nov 28, 2024 8:42am Nov 28, 2024 8:42am
Quoting Tradersview-
{quote} If not retest , a break below today's low can drive to 2596/2583
500 pip drop on close to no liquidity?
  • #53,910
  • Nov 28, 2024 8:44am Nov 28, 2024 8:44am
Quoting Deal
I am sellers to retest 2639.210
Sellers had a Good TP here, even limit buys with stop loss at 2634.625 was a good option.
It retest de EQ, but that's ok, and i think we still bearish despite EQ rejection.
Same pattern, two trades in oposite direction, volatility is out of the market is why the chance of retest is high,

1H candle rejecting 2644.180 for me is a confirmation of bearish for now.
  • #53,911
  • Nov 28, 2024 8:44am Nov 28, 2024 8:44am
Quoting Tradersview-
{quote} If in that case , 2647.8 resisted, ping pong at daily Pivot 2640
Quoting Tradersview-
{quote} A big fall below 2612 wouldn't surprise
Quoting Tradersview-
{quote} If not retest , a break below today's low can drive to 2596/2583
2653/66 resistance
2635-40(ping pong level)
2612 support
  • #53,912
  • Nov 28, 2024 8:46am Nov 28, 2024 8:46am
Quoting daemondeluxe
{quote} 500 pip drop on close to no liquidity?
Not this month, i expect close below 2635 for this month
  • #53,913
  • Nov 28, 2024 8:57am Nov 28, 2024 8:57am
Quoting Bakker
It's a big guess, but it seems gold is lacking a wave 5 down on H4.
If price close above 2658, ur calculation misses,.Now it looks like wave 5 started minimum target 2586
  • #53,914
  • Nov 28, 2024 8:57am Nov 28, 2024 8:57am
I will sell SL at the high of fibo candle, 1 quarter of 1% account... If this 1H candle closes below the first quarter.


EDIT Not close below equal a no trade yet!
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  • #53,915
  • Nov 28, 2024 8:59am Nov 28, 2024 8:59am
Quoting Tradersview-
{quote} If price close above 2658, ur calculation misses,.Now it looks like wave 5 started minimum target 2586
Max target 2470-50
  • #53,916
  • Nov 28, 2024 9:02am Nov 28, 2024 9:02am
Quoting Tradersview-
{quote} Max target 2470-50
It can be done in mini waves under Elliot, I'm interested in what you consider a breakdown impulse wave. Thats 58.

then down to 52-49, then up to 65-80. But I only like riding impulse waves.
  • #53,917
  • Edited 9:33am Nov 28, 2024 9:06am | Edited 9:33am
If the TP it is not hit first i will take a sell limit there.

15M TF

EDIT: Is not ideal to take this trade 4H close above 2641.108 because can seek 2646,245 wich make my SL very tight. But i will risk half of position only if it does.

EDIT 2.0: TP Hit No trade...
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  • #53,918
  • Nov 28, 2024 9:40am Nov 28, 2024 9:40am
Recap...
New Sell limit with half position at 2642.800 and the other half position at prior price 2643.500, SL 2649.800 and TP 2636.000
Attached Image (click to enlarge)
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  • #53,919
  • Nov 28, 2024 10:09am Nov 28, 2024 10:09am
Due to the Thanksgiving Day (US) , trading hrs close in 5mins (my broker)
  • #53,920
  • Nov 28, 2024 10:34am Nov 28, 2024 10:34am
Quoting Tradersview-
Due to the Thanksgiving Day (US) , trading hrs close in 5mins (my broker)
Happy thanksgiving to those who have this holiday in their country
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