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Gold (XAU/USD) with BiteFX

  • #261
  • Sep 16, 2025 8:41am Sep 16, 2025 8:41am
Quoting BiteFX
{image} Waiting patiently
Market is now in our zone.
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  • #262
  • Sep 16, 2025 9:32am Sep 16, 2025 9:32am
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  • #263
  • Sep 16, 2025 5:41pm Sep 16, 2025 5:41pm
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  • #264
  • Sep 16, 2025 6:37pm Sep 16, 2025 6:37pm
Quoting BiteFX
{image}
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  • #265
  • Sep 16, 2025 7:05pm Sep 16, 2025 7:05pm
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Hold for now, until market gives us another opportunity to scale in more positions
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  • #266
  • Sep 16, 2025 10:40pm Sep 16, 2025 10:40pm
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Bears, can we continue this structure? It will be so sweet a ride.
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  • #267
  • Sep 17, 2025 12:37am Sep 17, 2025 12:37am
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Bearish trend established.
Now, we wait for market continuation price, to enable us scale in more positions.
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  • #268
  • Sep 17, 2025 2:19am Sep 17, 2025 2:19am
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  • #269
  • Sep 17, 2025 5:02am Sep 17, 2025 5:02am
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Scale in positions set.
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  • #270
  • Sep 17, 2025 8:39am Sep 17, 2025 8:39am
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Institutional traders what's up?
We are waiting for you.
What's up?
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  • #271
  • Sep 17, 2025 8:42am Sep 17, 2025 8:42am
Quoting BiteFX
{image} Institutional traders what's up? We are waiting for you. What's up?
Bro, rate cut might be factored in already but if JPow comes and says 4.25 then this shoots. Up. Up. And. Away.

Got a nice short from 93 down to 70, was waiting for it to come down more but alas it wasnt the case. saw the 60, but didnt act, wasnt sure of it.

1h15m lil bro. patience.
  • #272
  • Sep 17, 2025 9:33am Sep 17, 2025 9:33am
Quoting daemondeluxe
{quote} Bro, rate cut might be factored in already but if JPow comes and says 4.25 then this shoots. Up. Up. And. Away. Got a nice short from 93 down to 70, was waiting for it to come down more but alas it wasnt the case. saw the 60, but didnt act, wasnt sure of it. 1h15m lil bro. patience.
Exactly bro. If no hawkish statement from Powell, we might go back down. But all the same, we are safe.
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  • #273
  • Sep 17, 2025 9:39am Sep 17, 2025 9:39am
Bearish channel is broken. I am just waiting to see what the price action of the news will be.
Patience, we wait more.
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  • #274
  • Sep 17, 2025 10:22am Sep 17, 2025 10:22am
We are back inside the bearish channel. Woooooops
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  • #275
  • Sep 17, 2025 10:29am Sep 17, 2025 10:29am
Quoting BiteFX
{quote} Exactly bro. If no hawkish statement from Powell, we might go back down. But all the same, we are safe.
Hello BiteFX, would you please explain how the market might react on the 25bps or 50 bps rate cute. TIA
  • #276
  • Sep 17, 2025 10:40am Sep 17, 2025 10:40am
Quoting RedCable
{quote} Hello BiteFX, would you please explain how the market might react on the 25bps or 50 bps rate cute. TIA
I am bearish biased for now. I think the market will fall. But, if I see a buy set up completed after or during the news. I will cut all of my short trades and go Long.
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  • #277
  • Sep 17, 2025 10:47am Sep 17, 2025 10:47am
Again, I am a technical trader. Not a fundamental trader. Anything I see on the chart, I trade.
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  • #278
  • Sep 17, 2025 10:52am Sep 17, 2025 10:52am
Never risk more than you can't afford to lose on a trade signal. That is the only way to last long in this business.
Up or down, we will follow the market.
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  • #279
  • Sep 17, 2025 11:06am Sep 17, 2025 11:06am
See crazy up and down movement. Wheeeeew!
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  • #280
  • Sep 17, 2025 11:07am Sep 17, 2025 11:07am
Market will settle down first before I enter again.
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