scalping with the method on the 1m, 2m, 5m might actually be goated. You have to be quick, ok with taking small loses, and also able to read the levels fast.
Look at how many opportunities there are.
Attached Image (click to enlarge)
And gold gave way to 3091. h4 looking extremely bearish.
Attention: From June 1st, HG will be fully automated. That's what I've been told. Will communicate with you later on of how it will impact the thread. I also understand that the system is modified to run on only one indicator. Hard to believe, but that's according to the explanation I've received.
Ignored
We pray for speedy automation, trade war has began already, trump vs brics nation, China leading the way for BN, more Punch for Trump come 10 of April
I guess we can kiss an ATH goodbye for the time being.
Ignored
just for today brother. but this is my analysis
theres more ATH for gold IF:
daily: monday either break the previous high or not its the LONG DAY.
but price should break first the high of h4 and close above a signal to buy.
h4: price should break the high and close above around 3061.88
but but price shuold break first the high of h1 and close above a signal to buy.
h1: price should break the high and close above around 3038.47
thats the indication or confirmation to go high.
BUT all the mentioned failed then, theres no more new ATH for gold.
the BIG confirmation for gold is if price break and close above around 3110.7 and we go long in h1.
if h1 fails to close above price 3038.47, then price continue to go down.
{quote} just for today brother. but this is my analysis theres more ATH for gold IF: daily: monday either break the previous high or not its the LONG DAY. but price should break first the high of h4 and close above a signal to buy. h4: price should break the high and close above around 3061.88 but but price shuold break first the high of h1 and close above a signal to buy. h1: price should break the high and close above around 3038.47 thats the indication or confirmation to go high. BUT all the mentioned failed then, theres no more new ATH for gold....
{quote} So, what's your conclusion at this point in time?
Ignored
well, expect selling pressure if price break and close below 3017.58
and more to the down side between 2934.47 down to 2853.35
observe price to close above or below between that price levels.
shorting gold after a bit of retracement in H1 as ive said if price cross under price 3017.58 and close below the sellers will have the floor.
Ignored
good calls so far. Hopefully we close below the level you mentioned this time. Do you think we will retrace back to the range again after closing outside?
(binned per thread starter’s request) Signals on H4 (MT5)
