Gold with No Drama

Quoting Deal

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And by the way, till now only daily shift to bearish and they will have more one push down potential, unless we have a open month with his 1st week beeing broken downside you all can climb walls because long term we are not bearish at all. We can range, we can sweep lows and highs, without that weekly close long term will never change. Because daily bullish origin was not broken either... Open and closes matter... Not even monthly open bearish will change long term bias to me... Not complicate price action....

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Quoting hykbooks

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so if sydney seesion opens with a gap down will this mean shorting gold

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Quoting Mr.fabby

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{quote} Checking on weekends prices of gold i am seeing gold with a gap down if this happens i have one more target to 4610 if its break below will not sell this shit and wait for the bullish stracture to build in macros will see Do you have any level marked for downside if we open with gape down. I know accuracy depends on the opening price but just bit curious

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Quoting Sunnycliff

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{quote} Likely shorting gold to 4800

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Quoting Mr.fabby

Disliked

{quote} Checking on weekends prices of gold i am seeing gold with a gap down if this happens i have one more target to 4610 if its break below will not sell this shit and wait for the bullish stracture to build in macros will see Do you have any level marked for downside if we open with gape down. I know accuracy depends on the opening price but just bit curious

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Quoting g4lex

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{quote} Maybe even less, if it is going to grab liquidity from the support at 4650 and lower, only to start climbing again. Nevertheless this are just speculations, and although i am fairly new trader, imho xauusd is untouchable till it presents a clear move.

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Quoting hykbooks

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i will kick myself if this was the bottom and missed on buying now dam can not make up my mind everyone says it will go down, markets are cunny and most time it does opposite what most expect

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Quoting Deal

Disliked

{quote} Without open... Monthly support at 4517.250, but last friday we just tap a weekly support at 4690.940 that can lead to 5015 zone. Not surprise they try again this support because they left a daily just below at 4676.235 . I need the open to have median price for this Month It only have potential trigers to downside now, but weaker than daily. This monthly support is untaped so most likely will be strong. I have no bias in short term untill they show new intentions, despite still believe we have innefecient in friday open...

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Quoting Goldslave

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{quote} To resume in short what happen @ Friday.... SEEK n DESTROY ....yesterday low ( thursday) n Monday Low 4990.. ...not only seek but also destroy hard. When M5 create candle range 30k_40k....my strategy is dead.... What to expect for monday? After such a BIG RESET of levels ( you have daily,weekly n monthly fiboz & deviation).....i whould wait what Asia doing first and where is the open too. Create DROP-- BASE --( RANGE first)....or another big move action/ reaction( Drop or Rally). If based solely on my level....for...

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Quoting Raventine

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{quote} i dont understand how this affect gold and silver price mate. you are predicting as much people doing the same unpredictable future. there is cycle and correction, which people like you unable to understand, unable to see it through..., as at beginning of this sell off, i already seen it is coming as there is a sign of buying climax lol 0.0 but most of people still buying and looking for 6k+ which is unavailable as market cap doesn't allow that -.- and money flow in market will quite fast, not slow and step-by-step as you think -.-...

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