Gold | Page 4361 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #87,201
  • Aug 7, 2025 5:12pm Aug 7, 2025 5:12pm
Quoting thebigshot
TF going on with GC? D1 {image} H4 {image}
The Miran nomination is the only thing I can find.
Easy Does it.
  • #87,202
  • Aug 7, 2025 5:14pm Aug 7, 2025 5:14pm
Watch Gold crucial weeekly resistance at 3414 today, a break can take it to an ultimate high just below 3450. While daily support waiting at 3383, and a reminder of weekly support 3350. Let's see how this weekly candle will close.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #87,203
  • Aug 7, 2025 5:14pm Aug 7, 2025 5:14pm
Price looks very bullish but it goes slow. Maybe will go to 3440 today.
  • #87,204
  • Aug 7, 2025 5:16pm Aug 7, 2025 5:16pm
Quoting stealyerface
{quote} The Miran nomination is the only thing I can find.
No, not the news, but the discrepancy between H4 close and D1 close.

Based on H4, no red candle close yesterday to give that upper wick in D1.
No more engagement as from today.
  • #87,205
  • Aug 7, 2025 5:18pm Aug 7, 2025 5:18pm
Quoting Eren10
Price looks very bullish but it goes slow. Maybe will go to 3440 today.
I cant see that happening today, not a lot of news tomorrow but the tariffs did just hit. Next week is going to be wild.
Easy Does it.
  • #87,206
  • Aug 7, 2025 5:20pm Aug 7, 2025 5:20pm
I'll just leave this here without too much analysis, Gold never in a straight line as seen by Friday early price action.
Attached Image (click to enlarge)
Click to Enlarge Name: 2025-08-08_8-12-42.jpg Size: 357 KB

WED was an Inside Day
MAY THE TREND BE WITH YOU
  • #87,207
  • Aug 7, 2025 5:21pm Aug 7, 2025 5:21pm
Quoting thedaytrader
{quote} I am off for the day... leaving all other trades as they are with the EA to handle, when they git hit... will update tmrw :-)
Good Morning Everyone
None of the other limit orders got hit yesterday : )

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
Day 15 07-Aug-2025 1 -1.5

Total Number of Trades : 37
Net Profit : 12 points

Will be back with today's levels shortly...
Trade Like a Casino, Not a Gambler
  • #87,208
  • Aug 7, 2025 5:22pm Aug 7, 2025 5:22pm
IMHO The market is overacting to Trump's decision. Firstly, it's already priced in AND the market will eventually correct itself after realizing that Stephen Miran is just a temporary replacement until the end of January. And he might not participate in the Fed's September meeting.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #87,209
  • Aug 7, 2025 5:25pm Aug 7, 2025 5:25pm
Quoting ChiForex
IMHO The market is overacting to Trump's decision. Firstly, it's already priced in AND the market will eventually correct itself after realizing that Stephen Miran is just a temporary replacement until the end of January. And he might not participate in the Fed's September meeting.
100% agree. Im leaving the chart alone until tonight/tomorrow AM for me
Easy Does it.
  • #87,210
  • Aug 7, 2025 5:30pm Aug 7, 2025 5:30pm
Today I am trading all the Sell Bounce and Buy Bounce levels from yesterday... and adding 1 buy bounce point.

Short Side : 3416.55, 3419.27
Long Side : 3384.34, 3362.94, 3355.35

All have 1.5 SL to start with and an EA which will try to squeeze in the SL and trail... Will get back with the results in the evening, I will not be at the terminal watching the charts today... Enjoy the ride :-)
Trade Like a Casino, Not a Gambler
  • #87,211
  • Aug 7, 2025 5:31pm Aug 7, 2025 5:31pm
Any one else seeing some wild spreads on gold? I’m seeing 5 instead 0.5 at the moment
Insane in the Brain..
  • #87,212
  • Aug 7, 2025 5:36pm Aug 7, 2025 5:36pm
Quoting BeeTogether
Any one else seeing some wild spreads on gold? I’m seeing 5 instead 0.5 at the moment
This metal has gone insane...
Behold
  • #87,213
  • Aug 7, 2025 5:39pm Aug 7, 2025 5:39pm
Quoting AonRaza
{quote} This metal has gone insane...
yup! Seems to have settled down a bit now. Back to 0.5 pip spread
Insane in the Brain..
  • #87,214
  • Aug 7, 2025 5:43pm Aug 7, 2025 5:43pm
There is very big fight for this level. Bulls seems stronger but who will win
  • #87,215
  • Aug 7, 2025 5:44pm Aug 7, 2025 5:44pm
Quoting BeeTogether
{quote} yup! Seems to have settled down a bit now. Back to 0.5 pip spread
spoke to soon crazy spreads are back
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4204.jpeg Size: 723 KB
Insane in the Brain..
  • #87,216
  • Aug 7, 2025 5:48pm Aug 7, 2025 5:48pm
Quoting BeeTogether
{quote} yup! Seems to have settled down a bit now. Back to 0.5 pip spread
back to 5 pip spread now...
Behold
  • #87,217
  • Aug 7, 2025 5:51pm Aug 7, 2025 5:51pm
Quoting BeeTogether
{quote} spoke to soon crazy spreads are back {image}

probably depends on the broker. I see 0,5$ spread,


there are very wild moves now
  • #87,218
  • Aug 7, 2025 6:12pm Aug 7, 2025 6:12pm
Quoting AonRaza
{quote} This metal has gone insane...
Share the blame with USD, come on!

MAY THE TREND BE WITH YOU
  • #87,219
  • Aug 7, 2025 6:15pm Aug 7, 2025 6:15pm
Quoting Erebus
{quote} Share the blame with USD, come on!
OH HELLL!!!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Behold
  • #87,220
  • Aug 7, 2025 6:25pm Aug 7, 2025 6:25pm
This baby is getting ready to drop
Que Sera
99 traders viewing now