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  • #58,581
  • Jan 7, 2025 12:38am Jan 7, 2025 12:38am
2641 is a significant figure to remind
Soy el Patron
  • #58,582
  • Jan 7, 2025 12:40am Jan 7, 2025 12:40am
Quoting Elliottway
Yesterday, he mentioned that the target price of 2653 made sense. However, there was a drop from 2650, which could be due to the 2633 level, as the market might have covered the lower low. On the other hand, the 2672 level hasn't been tested yet, and the drop from 2633 suggests price variations of about $10. Therefore, if we subtract $10 from 2653, we get 2643, which seems to be a liquidity level. The price is moving upward above 2643, with a maximum target of 2650. If I'm not mistaken, 2650 is important. In any case, the price fluctuates by around...
R2_____2673-1=2672

R1_____2653-1=2652

P______2650

S1______2633+1=2634

S2______2613+1=2614

SURFER
  • #58,583
  • Jan 7, 2025 12:41am Jan 7, 2025 12:41am
Quoting TheGold
{quote} It Seems It Can't, At Least Not Today. So, The Price Has Visited The Weekly Resistance At 2650$ Today Along With The Support On The Daily Chart At Both 2625$ And The Main Support At 2614$ On The Daily Chart Which I Will Explain And Share Later. In My Opinion, Price Action Is Relatively Normal Today Reacting To Every Major Resistance And Support Right On The Target. What Should We Expect? It Is My Opinion That As Long As 2614$ And 2650$ Are Holding, We May Be Stuck In A Range For A While.
There We Go. So, We Have A Main Support Still Around 2615$ And Main Resistance Around 2650$. Nothing Much Else Really.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Weekly.png Size: 25 KB
  • #58,584
  • Jan 7, 2025 12:46am Jan 7, 2025 12:46am
Quoting TheGold
{quote} There We Go. So, We Have A Main Support Still Around 2615$ And Main Resistance Around 2650$. Nothing Much Else Really. {image} {image}
Please continue to share updates from time to time. The daily chart looks optimistic and seems to confirm the trend.

Quoting John4y
My Daily Pivots (ahead of NFP data) {image}
Please continue to share updates from time to time. Thank you.
SURFER
  • #58,585
  • Jan 7, 2025 12:52am Jan 7, 2025 12:52am
Quoting NrSLionHeart
{quote} My feeling is that 2614 will not hold...
I Am Slightly More Expecting A Break Above 2650$ Then I Am Expecting A Break Below 2615$.
  • #58,586
  • Jan 7, 2025 1:08am Jan 7, 2025 1:08am
Quoting Deal
{quote} I scalp in 15m and out of the trade, waiting to engage in 15m closing below 2644.335
Thank me later. Now trend can resume bullish.
Its all for me today.
Good luck.
  • #58,587
  • Edited 1:23am Jan 7, 2025 1:11am | Edited 1:23am
Forexfactory Gold thread, 0.01% trading, 99.99% projecting(trading what you think, not see) and subscribing.
  • #58,588
  • Jan 7, 2025 1:29am Jan 7, 2025 1:29am
Quoting Elliottway
{quote} R2_____2673-1=2672 R1_____2653-1=2652 P______2650 S1______2633+1=2634 S2______2613+1=2614
I thought the pivot today was at 2647.
Trading is very lonely
  • #58,589
  • Jan 7, 2025 1:30am Jan 7, 2025 1:30am
Quoting Azen
Forexfactory Gold thread, 0.01% trading, 99.99% projecting (trading what you think, not see) and subscribing.
Completely understand your point, I believe.
Unfortunately, I am not capable enough to trade. So here's yet another projection, Im afraid.
(while I hardly even believe in technicals - fundamentals all the way for me)
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In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,590
  • Jan 7, 2025 1:33am Jan 7, 2025 1:33am
Quoting Lloyd628
{quote} Completely understand your point, I believe. Unfortunately, I am not capable enough to trade. So here's yet another projection, Im afraid. (while I hardly even believe in technicals - fundamentals all the way for me) {image}
Fair enough.
  • #58,591
  • Jan 7, 2025 1:50am Jan 7, 2025 1:50am
Quoting farukh
{quote} 2647 has been tested but showed resistance, H1 close above 2650 will continue bullish for the day. Best of luck everyone!
After testing 2647, no H1 closed above yesterday 2650 for uptrend continuation as anticipated.
Buyers! be cautious, gold is still downtrend until day close above 2665.
P.S. Trade with the discipline of Money Management and Risk Management.
  • #58,592
  • Jan 7, 2025 1:56am Jan 7, 2025 1:56am
London Session's about to start.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,593
  • Jan 7, 2025 2:01am Jan 7, 2025 2:01am
gold buy 2639
sl 2633
tp1 2643
tp2 2648
tp3 2653
tp4 2658
tp5 2663
Success is not final, failure is not fatal... - Winston Churchill
  • #58,594
  • Jan 7, 2025 2:14am Jan 7, 2025 2:14am
Morning Session Scalp !!
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Candlesticks dont move markets, Volume does
  • #58,595
  • Jan 7, 2025 2:16am Jan 7, 2025 2:16am
Quoting Lloyd628
{quote} Completely understand your point, I believe. Unfortunately, I am not capable enough to trade. So here's yet another projection, Im afraid. (while I hardly even believe in technicals - fundamentals all the way for me) {image}
I dont think thats a standard harmonic pattern.....
Its all just one persons opinion
  • #58,596
  • Jan 7, 2025 2:16am Jan 7, 2025 2:16am
it took me 3 months to realize gold scalping is better than trading and good setup come every 15 minutes
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  • #58,597
  • Jan 7, 2025 2:18am Jan 7, 2025 2:18am
Quoting saal
gold buy 2639 sl 2633 tp1 2643 tp2 2648 tp3 2653 tp4 2658 tp5 2663
Hi,

Are these placed in multiple orders or SL/BE is moved as each TP is achieved?
Isaiah 48:17 I am Jehovah thy God, who teacheth thee to profit....
  • #58,598
  • Jan 7, 2025 2:30am Jan 7, 2025 2:30am
Quoting saal
gold buy 2639 sl 2633 tp1 2643 tp2 2648 tp3 2653 tp4 2658 tp5 2663
Apology: The message was posted with a delay of 4 minutes.
TP1

If this signal helped you profit, show your support and encourage me to share more by hitting 'Follow'—let’s grow together in the trading journey!
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Success is not final, failure is not fatal... - Winston Churchill
  • #58,599
  • Jan 7, 2025 2:33am Jan 7, 2025 2:33am
Quoting axecap
{quote} I dont think thats a standard harmonic pattern.....
I'm almost certain you are right - I needed to twitch it to look a bit like (righthandside one):
Attached Image (click to enlarge)
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Point I wanted to make, is that I hardly believe in patterns. IMO, if one can point at 1,000 'succesfull' (harmonic) patterns, one can easily point at 1,000 not succesfull ones. It's quite often a case of hineininterpretierung and/or apophenia.
Then again, who am I.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #58,600
  • Jan 7, 2025 2:35am Jan 7, 2025 2:35am
Quoting Lloyd628
London Session's about to start.
Im not trading it but on the 30m there is a bullish gartley pattern in play.

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Its all just one persons opinion
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