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Gold

  • #56,801
  • Dec 18, 2024 11:18pm Dec 18, 2024 11:18pm
Quoting tehtawar
Nice entry there {image}
profit dgn teh manis
Holy Betting Grail strategy
  • #56,802
  • Dec 18, 2024 11:31pm Dec 18, 2024 11:31pm
The ultimate target from now until 2449-2450 is to reach the peak of success. Enjoy the journey as we work towards this ambitious goal!
SURFER
  • #56,803
  • Dec 18, 2024 11:48pm Dec 18, 2024 11:48pm
Quoting PushnPull
{quote} It might not make any huge impact. You may want to see their Dot-plot plan and compare with the last one to see any change on cutting rates path. Same or less cuts will bring USD to the moon. But to see its effects, you probably will want to skip the initial price movement when news come out
Nice one! I got it as of now Gold looks steady as on the other hand - Dollar is strengthening which move gold little on the edge. Keeping eye on the market closely.
  • #56,804
  • Dec 18, 2024 11:48pm Dec 18, 2024 11:48pm
Quoting fxcontest
{quote} profit dgn teh manis
kamu orang indo apa singapore bro hahaha
  • #56,805
  • Dec 18, 2024 11:50pm Dec 18, 2024 11:50pm
Is it a wise choice to trade after Christmas? I would like to know what the gentleman thinks about it.
  • #56,806
  • Dec 18, 2024 11:54pm Dec 18, 2024 11:54pm
Quoting jonatanhtg
{quote} kamu orang indo apa singapore bro hahaha
indo lah
Holy Betting Grail strategy
  • #56,807
  • Dec 19, 2024 12:04am Dec 19, 2024 12:04am
talking of possible targets

SAAL style but on chart
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  • #56,808
  • Edited 12:25am Dec 19, 2024 12:11am | Edited 12:25am
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Now, strike!...B$
Learn... Work Hard... Trade Alone
  • #56,809
  • Dec 19, 2024 12:19am Dec 19, 2024 12:19am
2603 break below. 2563 next target

The different market sessions have an impact on gold prices. In the Asian session, gold tends to weaken because of lower trading activity. However, during the London and US sessions, gold usually strengthens due to higher trading volumes and more important economic news. It's important to note that it's not "the gold," but "the trend," as we are talking about the price movement of gold, not the metal itself.
SURFER
  • #56,810
  • Dec 19, 2024 12:22am Dec 19, 2024 12:22am
Quoting hxm327
Today has ruined me.. i don't know what has happened. Why did gold drop so much? fundamentally it was supposed to increase right?
The market was setting this up from last week. in order to trade Gold, you need to understand correlations of instrument pairs. Just Technicals will not help during key news events. Gold prices are often quoted in U.S. dollars. When interest rates are cut, the dollar may weaken because lower rates reduce the incentive for foreign investors to hold dollar-denominated assets. Interest rate cuts are often intended to stimulate economic activity by making borrowing cheaper. This can boost confidence in riskier assets and reduce the need for a safe assets like gold, which adds to the downward pressure on its price. anything trading against it, will see a sharp sell off .. see below charts
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Candlesticks dont move markets, Volume does
  • #56,811
  • Dec 19, 2024 12:49am Dec 19, 2024 12:49am
Quoting saal
gold sell 2660 SL 2665 TP1 2650 TP2 2640 TP3 2630 TP4 2620 TP5 2610
TP1=10$
TP2=20$
TP3=30$
TP4=40$
TP5=50$
Total together 150$
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  • #56,812
  • Dec 19, 2024 1:11am Dec 19, 2024 1:11am
Quoting BiteFX
{quote} https://www.forexfactory.com/thread/...4#post15094534
Use the previous D1 candle data for the values.
Learn... Work Hard... Trade Alone
  • #56,813
  • Dec 19, 2024 1:11am Dec 19, 2024 1:11am
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Contrarian
  • #56,814
  • Dec 19, 2024 1:24am Dec 19, 2024 1:24am
2 guys on this thread revolutionized my trading experience. Guess what? They are not yet red tag members. Wow!
1. Kept on asking me "crazy" questions... Like why are you buying or selling here? Is it because of your indicators or what informed your decision?
2. Will always tell me to my face...you are wrong, you are right.
They know something I don't, I had to speak with them in humility.
I am getting better by the day I know.
We all shall smile to the bank.
Learn... Work Hard... Trade Alone
  • #56,815
  • Dec 19, 2024 1:25am Dec 19, 2024 1:25am
Closed all short at 2616
vankiepsauff@gmail
  • #56,816
  • Dec 19, 2024 1:30am Dec 19, 2024 1:30am
NICE
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  • #56,817
  • Dec 19, 2024 1:30am Dec 19, 2024 1:30am
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Are you still in doubts?
OK,
1. Where is buying interest?
2. Where is selling interest?
Let us start from there..
Learn... Work Hard... Trade Alone
  • #56,818
  • Dec 19, 2024 1:33am Dec 19, 2024 1:33am
The liquidity range for selling is between 2616 and 2625. A break above this range would confirm a potential shift.
SURFER
  • #56,819
  • Dec 19, 2024 1:35am Dec 19, 2024 1:35am
Quoting BiteFX
{image} Are you still in doubts? OK, 1. Where is buying interest? 2. Where is selling interest? Let us start from there..
Upper levels as per pivot point calculator I shared earlier.
2630
2674
2698
Learn... Work Hard... Trade Alone
  • #56,820
  • Dec 19, 2024 1:36am Dec 19, 2024 1:36am
Quoting BiteFX
{image} Are you still in doubts? OK, 1. Where is buying interest? 2. Where is selling interest? Let us start from there..
it only matters where i was wrong

like this automatically finds the best entry n exit
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