Gold | Page 4348 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #86,941
  • Aug 6, 2025 4:27pm Aug 6, 2025 4:27pm
Quoting ak5538091
Hello Kindly Guide Ke Which PropFirm Is Good Easy Simple A Little Bit Cheap Dont Reject Payouts & Trusted I Never Use Propfirms So Please Guide Me A Little
FTMO is best of all. But if slightly cheap and reliable you can go to fundingpips or instantfunding.
I suggest you buy instant funded account of instantfunding,com where you can start withdrawing the profits after 1st 5% profit.
Behold
  • #86,942
  • Aug 6, 2025 5:09pm Aug 6, 2025 5:09pm
Gold daily support just as yesterday's at 3364, resistance for weekly at 3410 while we still remember the weekly support is at 3350
Play as you like but remember that Friday's weekly close is all that matters.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #86,943
  • Aug 6, 2025 5:27pm Aug 6, 2025 5:27pm
Quoting First-boss
{quote} 78pips in profit so far lets watch and see how it plays out
Xauusd was down in profit of over 109 pips in profit but market opened with a jump lets see how it all plays out currently at 87pips in profit
first-boss SELL HIGH BUY LOW!!!
  • #86,944
  • Aug 6, 2025 5:39pm Aug 6, 2025 5:39pm
Gold futures just ranging out compared to XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-08-06 153750.png Size: 22 KB
Easy Does it.
  • #86,945
  • Aug 6, 2025 5:51pm Aug 6, 2025 5:51pm
https://www.instagram.com/reel/DMaTU..._web_copy_link
hehe
Behold
  • #86,946
  • Aug 6, 2025 6:12pm Aug 6, 2025 6:12pm
Quoting thedaytrader
{quote} Have added one more buy limit order at the next bounce point : 3355.35 And done for the day... will let the automated EA do the trade management... will update the results tmrw :-)
Good Morning Everybody :-)

Yesterday only one more buy order got triggered and was exited by the ea with a -1.0 SL... So in total yday, 3 trades with -1.5, -1.0, -1.0
So the tally now is :

Day Date Trades Net
----- ---------- ------ -----
Day 1 18-Jul-2025 5 +6.5
Day 2 21-Jul-2025 2 -1.5
Day 3 22-Jul-2025 2 -2.0
Day 4 23-Jul-2025 2 -1.5
Day 5 24-Jul-2025 4 0.0
Day 6 25-Jul-2025 2 +2.5
Day 7 28-Jul-2025 3 +2.0
Day 8 29-Jul-2025 2 -2.5
Day 9 30-Jul-2025 1 -1.5
Day 10 31-Jul-2025 3 +2.0
Day 11 01-Aug-2025 2 +2.5
Day 12 04-Aug-2025 3 +5.0
Day 13 05-Aug-2025 4 +5.5
Day 14 06-Aug-2025 3 -3.5

Total Number of Trades : 36
Net Profit : 13.5 points

Will be back with today's levels shortly...
Trade Like a Casino, Not a Gambler
  • #86,947
  • Aug 6, 2025 6:24pm Aug 6, 2025 6:24pm
Today I am trading all the Sell Bounce levels from yesterday as none of them got hit... and 2 buy bounce points.

Short Side : 3391.57, 3416.55, 3419.27
Long Side : 3362.94, 3355.35

All with the same initial SL of 1.5 points to be tightened as soon as possible... will get back with trade management/results as we go in the day :-)
Trade Like a Casino, Not a Gambler
  • #86,948
  • Edited 7:07pm Aug 6, 2025 6:42pm | Edited 7:07pm
Gold is not complying with DXY or silver for days now... Don't know what's driving this metal.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB


Look at DXY then Silver and Then Gold. What the hell...... That much sellers pressure?
Behold
  • #86,949
  • Aug 6, 2025 8:55pm Aug 6, 2025 8:55pm
gold wake up early, this is pretty fast for gold investor
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250807_095346_MetaTrader 4.jpg Size: 554 KB
LUCKY golden trades, LUCKY gold investor trading style
  • #86,950
  • Aug 6, 2025 10:26pm Aug 6, 2025 10:26pm
guys how bad i f up?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
  • #86,951
  • Aug 6, 2025 10:49pm Aug 6, 2025 10:49pm
Quoting Trypiie
guys how bad i f up? {image}
Anything can happen! Although you should have waited for a nice break of that 3384 level before entering, That blue candle slammed right into a key resistance level. Good luck! There is an upward channel forming so it could still head your way!
Easy Does it.
  • #86,952
  • Aug 6, 2025 10:52pm Aug 6, 2025 10:52pm
Quoting Trypiie
guys how bad i f up? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2025-08-06 205203.png Size: 18 KB

That super long wick and candle that didn't break the 50 ema would have been my entry.
Easy Does it.
  • #86,953
  • Aug 6, 2025 11:05pm Aug 6, 2025 11:05pm
morning everyone.
hard to say whats the macro outlook today, are we waiting on the sidelines for BOE to announce if they cut rates? or remaining on our bullish bias toward 3390 and beyond

i am potentially looking at short to 3365 again or yesterdays low 3358 for the london pullback before continuing our actual bias for the day
but certainly if price breaking above 3383 i am looking for longs

any input ?
  • #86,954
  • Aug 6, 2025 11:22pm Aug 6, 2025 11:22pm
Quoting AonRaza
Gold is not complying with DXY or silver for days now... Don't know what's driving this metal. {image} {image} {image} Look at DXY then Silver and Then Gold. What the hell...... That much sellers pressure?
what do u mean. look at the bonds and rate cut expectation. right now they are satisfied with price range. later youll see overwhelming buy orders
  • #86,955
  • Aug 6, 2025 11:38pm Aug 6, 2025 11:38pm
Hi and Good Morning everyone,

to me it looks like since NFP last friday market has change the driection from sell to buy, but its not going in buy direction as well
you can find it in daily candels as well,
for last three days its ranging only
This week so far gold has not made any significant move
for scalping i am looking for this channel
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
  • #86,956
  • Aug 7, 2025 12:27am Aug 7, 2025 12:27am
we are seeing absorption again. looking to sell it until 3350
  • #86,957
  • Edited 1:00am Aug 7, 2025 12:30am | Edited 1:00am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB


This chart presents a short-term technical view of the gold/US dollar pair (XAU/USD) on the 15-minute timeframe. Here's a breakdown of the key elements and what they suggest:
Pattern Recognition

  1. Bearish Head and Shoulders (H&S):
    A classic reversal pattern indicating potential downside. The neckline appears to be near the 3377–3378 level, and price is currently hovering around 3379.60, suggesting a possible breakdown.

Technical Metrics

  1. BOX Size / PIP / $:

    1. BOX Size: 300
    2. PIP: 300
    3. $: 3.00
      These settings likely relate to range or volatility-based indicators.

  2. ATR (Average True Range):

    1. Indicates current volatility. Useful for setting dynamic stop-loss and take-profit levels.

  3. ZigZag Trend (0.004):

    1. Helps visualize swing highs/lows and confirms the H&S structure.

Timeframe Context

  1. Covers August 4–7, showing intraday price action and short-term sentiment shifts.

Trading Scenarios
Sell Scenario (Bearish H&S Breakdown)
Entry:

  1. Below neckline (~3377.00), ideally after a candle close below support.

Stop Loss:

  1. Above right shoulder (~3382.00)

Take Profit Targets:

  1. TP1: 3370.00
  2. TP2: 3360.00
  3. TP3: 3345.00 (based on measured move from H&S height)

Confirmation Tools:

  1. Watch for volume spike and bearish momentum indicators.

Buy Scenario (Invalidation of H&S)
Entry:

  1. Above right shoulder (~3382.00) with strong bullish candle

Stop Loss:

  1. Below neckline (~3377.00)

Take Profit Targets:

  1. TP1: 3390.00
  2. TP2: 3400.00
  3. TP3: 3415.00 (upper range of chart)

  • #86,958
  • Aug 7, 2025 12:33am Aug 7, 2025 12:33am
Quoting dartboardio
morning everyone. hard to say whats the macro outlook today, are we waiting on the sidelines for BOE to announce if they cut rates? or remaining on our bullish bias toward 3390 and beyond i am potentially looking at short to 3365 again or yesterdays low 3358 for the london pullback before continuing our actual bias for the day but certainly if price breaking above 3383 i am looking for longs any input ?


Carrying any trade?
  • #86,959
  • Aug 7, 2025 12:46am Aug 7, 2025 12:46am
Quoting goldfynshyt
we are seeing absorption again. looking to sell it until 3350
great ride so far
  • #86,960
  • Aug 7, 2025 12:54am Aug 7, 2025 12:54am
Hello and good morning to everyone.
Gold is still still in range as i already mentioned. IMO this week will be the range week till CPI data or some special news. There is double top at 3384 as well which is indicating the rejection to upward which is indication to move down. I am still on short side but no trade open atm bcz its showing neutral in low time frame while in long time frame its looking bearish to me.
3350 and 3390 is over all range in this week if break from any side then may be there will be some volume to pump or dump this.
Happy Trading Day and best of luck
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
Patience
185 traders viewing now, 5 are registered:
fazleyrabbi1
,
Huracan
,
ondiss
,
solomonc
,
forkstrader