Gold with No Drama | Page 243 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

Make More Money - Eliminate DRAMA 11 replies

Just posting my trades, everyone is welcome but no drama 2 replies

Attachments: Gold with No Drama
Exit Attachments

Gold with No Drama

  • #4,841
  • Oct 9, 2025 3:21pm Oct 9, 2025 3:21pm
Quoting PixelAura
{quote} Good bounce ,3982 WR2 3971-74 correction possible (m5) 3985-91 tomorrow Asian?
Done, closed all
Positive pips to All
  • #4,842
  • Oct 9, 2025 3:23pm Oct 9, 2025 3:23pm
Not necessary this will hapen, is 2nd time Monday Ny is used to expand, price really need to pass 3985.650
Tusday Ny can be just a tipical retest because it failed to hold price.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 9 KB
  • #4,843
  • Oct 9, 2025 3:29pm Oct 9, 2025 3:29pm
Quoting AonRaza
{quote} Completely not sure of when to close... {image}
hard to say. A decent bounce from 3950 could see 4000 again or a continuation towards 3900.
Insane in the Brain..
  • #4,844
  • Edited 3:42pm Oct 9, 2025 3:32pm | Edited 3:42pm
Quoting BeeTogether
{quote} hard to say. A decent bounce from 3950 could see 4000 again or a continuation towards 3900.
Unmitigated breaker 3897.130 or his mean at 3885.423

But there are one statistic to this target.
I don't know if you remember, but 81% of the time this year Monday low was always protected as soon his high was broken.
It can go there but the odds statistically speaking are low this week.
  • #4,845
  • Oct 9, 2025 3:51pm Oct 9, 2025 3:51pm
Quoting StillDreamer
Today was another awesome day for bulls. Many nice long trades are opened and closed from different levels. I continue buying dips. My open positions now: 1 minilot at 4055 and 4 minilots at 4046 (just added 10 min ago). Still not serious weakness at charts. 4100 looks possible on Thursday or Friday. China markets will be open again at Asia session aftet long holiday. FOMC minutes are coming in 15 minutes, but I don't expect much excitement from it. At worst case scenario imo, we can test 4000 and I would add more longs. But less likely. Edit: I...

Today was awful for me I have gave back all profits from Wednesday. My initial long positions were quite managable and I was thinking to add more in Asia if it drop under 4030 or rise above 4060. But, I added more longs at wrong time, just at the end of yesterday's NY from 4045. And Asia session has started with unexpected wild drop at low liquidity hours. I could survived it with less wounds, it has been recovered mostly by NY. But, at NY session, after second test of 4000 level, I went long again 4023 with 6 minilot. I was thinking that 4000 was safe after second test of day (first was in Asia). But, I was wrong, they came for third and broke, and I was sleeping at that time (there could be less damage) Anyway, it happens.

After all, I am still bullish biased. Drop today was significant, but not enough yet to change my mind about overall picture. At 4h, Daily and Weekly charts, bulls are still in control imo. Tomorrow close is very important for short term (next 2 weeks). If we close tomorrow at 3900 or under it, Weekly candle of this week will be very bearish. But, if we close around 3975-4025 or above, I can say that it is bullish again for next weeks.

Lastly, I took a long position from 3978 with expectation of 4100 in following weeks. So, I'm betting for up again. It could be safer to see tomorrow's close, but I wanted to risk now.

Good luck to everybody!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 21 KB
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #4,846
  • Oct 9, 2025 4:15pm Oct 9, 2025 4:15pm
Quoting StillDreamer
{quote} Today was awful for me I have gave back all profits from Wednesday. My initial long positions were quite managable and I was thinking to add more in Asia if it drop under 4030 or rise above 4060. But, I added more longs at wrong time, just at the end of yesterday's NY from 4045. And Asia session has started with unexpected wild drop at low liquidity hours. I could survived it with less wounds, it has been recovered mostly by NY. But, at NY session, after second test of 4000 level, I went long again 4023 with 6 minilot. I was thinking...
I don't know why your bias is bullish. if analysis then good, if expectation, trade safe.
Learning and improving every day. Don’t follow blind
  • #4,847
  • Oct 9, 2025 4:19pm Oct 9, 2025 4:19pm
Quoting kareem11
{quote} TPed at 4042 Rules: No trades are better than loss, always wait for confirmation. Loosing opportunity is better than losing money.
I think stopping to trade at this point was the best decision for today.
Learning and improving every day. Don’t follow blind
  • #4,848
  • Oct 9, 2025 4:22pm Oct 9, 2025 4:22pm
Quoting StillDreamer
{quote} Today was awful for me I have gave back all profits from Wednesday. My initial long positions were quite managable and I was thinking to add more in Asia if it drop under 4030 or rise above 4060. But, I added more longs at wrong time, just at the end of yesterday's NY from 4045. And Asia session has started with unexpected wild drop at low liquidity hours. I could survived it with less wounds, it has been recovered mostly by NY. But, at NY session, after second test of 4000 level, I went long again 4023 with 6 minilot. I was thinking...
imo IF we close below 3900 c3500 would be the spot for reloads.
Que Sera
  • #4,849
  • Oct 9, 2025 4:24pm Oct 9, 2025 4:24pm
For me today was a good one.. I did around 400 pips in selling positions but to tell the truth I was waiting this bearish situation from a couple of days
  • #4,850
  • Oct 9, 2025 4:29pm Oct 9, 2025 4:29pm
Whilst we may be on a slight bearish trend, the overall bias is bullish for me. Fed is still looking to cut rates, NFP when released could be red too so 40-41 is still on.
Insane in the Brain..
  • #4,851
  • Oct 9, 2025 4:43pm Oct 9, 2025 4:43pm
Quoting Deal
{quote} 3978.033 is an important price, was where you see the rejection. Is the mean of tuesday Ny. Take at least partials, because price must break 3985.650 in 1H Tf to continue a pullback. It have good odds, of testing New Ny supply, but first have to pass this barrier. Just to you have an idea, price reject Monday NY, daily closing above Tuesday Ny what sign did you get from this?
Will close in Asian.
Behold
  • #4,852
  • Edited 5:22pm Oct 9, 2025 4:46pm | Edited 5:22pm
Quoting kareem11
{quote} I don't know why your bias is bullish. if analysis then good, if expectation, trade safe.
Technically, I see strong bullishness at charts of Daily, Weekly and Monthly. So, I think, main trend is up. But if we close under 3900 tomorrow, we will have a bearish signal at weekly chart for short term, but if we close around here or above, it will stay bullish from my perspective. For Daily, it looks quite bullish also since the end of aug. Despite today's drop, it is bullish imo, we should see at least 3-5 days continuation to have a bearish bias at Daily.

Fundamentally, everthing looks bullish to me. Some of them are: possible more FED rate cuts, diversification of assets due to expected USD weakness in next months/years and other global risks (Ukraina war and increasing Russia-EU tensions; rising Pacific tensions involving US-China-Taiwan and many others).

USD gained strength this week which is Gold bearish normally. But, the reasons behind of it were/are also gold bullish because, it came from political uncertainty in EU related to France (resign of PM and difficulty about having stable government) (Eur/Usd dropped) and new elected Japanese LDP leader who will be PM soon and supporting monetary loose policies (likely that no more rate hikes in Japan) (UsdJpy rised).

Uncertainty about Trump policies, US gov shutdown, tariffs etc, you can add more reasons for being long in Gold in the medium/long term.

For all above reasons, I have strong bullish bias, but at smaller timeframes, of course, the picture might be different sometimes and we must trade carefully. It is also quite possible to lose a lot with leverage in trading even you are right about direction. And, of course, I might be wrong at all with my analysis

Best wishes!
  • #4,853
  • Oct 9, 2025 4:55pm Oct 9, 2025 4:55pm
Daily close 300 points below Ny minimum target at 3976.520
We will comeback here if bulls take the price to 4017.315, unless they override that supply.
What this mean? Expected a minimum pullback to the supply or a continuation minimum of 40k points south, wich then is expected another pulback to this close.
Wich one price will follow i don't know.
The truth is that price have the tendency of closing near a Ny mean, they are magnets at daily basis.
Is just verify Tuesday Ny mean that i prior mention at 3978.033 and where price close today.
If they need go to supply? Maybe, we are at a vaccum between Monday Ny minimim 3962.270 target and at the limit of Today Ny target.
My bet is a break in 1H above 3979.380 we should seek supply above... A break below 3968.775 we should be ride the 40k points south. In this situation we can not forget, Monday Ny is holding just below 3944.740 that for validation steal a lot of pips.
The ideal is going north first. For after that short again.
  • #4,854
  • Oct 9, 2025 5:05pm Oct 9, 2025 5:05pm
Quoting AonRaza
{quote} Completely not sure of when to close... {image}
closed...
Back in afternoon now..
Behold
  • #4,855
  • Oct 9, 2025 5:10pm Oct 9, 2025 5:10pm
Quoting BeeTogether
Whilst we may be on a slight bearish trend, the overall bias is bullish for me. Fed is still looking to cut rates, NFP when released could be red too so 40-41 is still on.
agree. 3500 and it’s still bullish.
Que Sera
  • #4,856
  • Oct 9, 2025 5:59pm Oct 9, 2025 5:59pm
Is the resistance at 3960 still valid after the price broke it and returned?
  • #4,857
  • Oct 9, 2025 6:33pm Oct 9, 2025 6:33pm
it will be nice for buyers if the price could get to 4005
LUCKY golden trades, LUCKY gold investor trading style
  • #4,858
  • Oct 9, 2025 7:03pm Oct 9, 2025 7:03pm
After 3989.985 Tuesday minimun target from Ny there are no barriers at all till 4017.

Who antecipate the break at 3979.380 with that huge rejection in 1H at 3968.775 are already in advantage to ride breakeven.
I really don't see any other after 3989.985.
Godd luck!
Safe trades.
  • #4,859
  • Oct 9, 2025 7:15pm Oct 9, 2025 7:15pm
Quoting Deal
After 3989.985 Tuesday minimun target from Ny there are no barriers at all till 4017. Who antecipate the break at 3979.380 with that huge rejection in 1H at 3968.775 are already in advantage to ride breakeven. I really don't see any other after 3989.985. Godd luck! Safe trades.
Perhaps 4000 that is exactly 2 deviations of last Tuesday minimum target, looks like price is pausing at this deviations, so partials are always a tool...
  • #4,860
  • Oct 9, 2025 7:23pm Oct 9, 2025 7:23pm
Quoting PixelAura
3991 eyeing, rejection can be next sell to the Target 3938
Break or Rejection, retesting the initial balance high point 3991
Positive pips to All
465 traders viewing now, 58 are registered:
TradeKar
,
przfx
,
Roox
,
Kyasper
,
gpb
,
Uzirocket
,
,
Gcompte31
,
Mrafi1982
,
Kumaratrad
,
,
Haja7
,
Muxb7
,
barnasp
,
,
Toshinari
,
,
Sainbayar
,
Lemongrass
,
DevilBangla
,
gcvb
,
2K130
,
imrio
,
MajesticButt
,
TAZ24
,
maschti
,
DoWhatIKnow
,
Mrglorp
,
Evrix
,
Chrizvega
,
plesac
,
Edct
,
bravenewbie
,
tradecore
,
oghie111
,
krowxrp
,
ObexSype
,
fuckitlouder
,
Kimp1478
,
Nasim01
,
valannore
,
Luke911
,
,
epzero
,
Dragomir6
,
brokerbear
,
Fazlehayat
,
lafemo
,
,
DSnail05
,
Egidijusbal
,
Beyazat
,
t6n15
,
,
Sunny008
,
Valentin88
,
Muzammil07
,
Baldingcorps