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  • #96,321
  • May 1, 2026 4:36am May 1, 2026 4:36am
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  • #96,322
  • May 1, 2026 5:06am May 1, 2026 5:06am
XAUUSD update
Gold has now validated the bearish shift I was watching. Price failed to reclaim 4600–4620, rejected the mid-range, and has continued lower into the 4560 area.
Personally, I’m still holding a sell from 4633, as the structure remains clean below 4590–4600. Sellers are still in control, but I wouldn’t chase fresh shorts directly into 4550–4545 support because that’s where liquidity can react.
My focus now:
4590–4600 = key resistance / bearish control zone
4570–4580 = minor pullback resistance
4550–4545 = immediate support
4535–4520 = next downside liquidity
4500 = major support
For me, the best continuation is either a weak pullback into resistance, or a clean break and hold below 4545. Until gold reclaims 4600+, the path of least resistance remains lower.
  • #96,323
  • May 1, 2026 5:33am May 1, 2026 5:33am
Quoting ChiForex
Still 4630-45 a good sell zone and more around 4675 if reached while good take profit around 4560
Ok folks my 3 orders since yesterday, 4645 4590 and 4555 have been closed at today TP that's within the 4550-90 zone that I've spoke about before.. This is how you manage trades... NOT set SL and loose an opportunity.
Now 4590s is expected to form resistance and definitely 4630-45 if reached again.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,324
  • May 1, 2026 5:34am May 1, 2026 5:34am
Quoting ChiForex
Still 4630-45 a good sell zone and more around 4675 if reached while good take profit around 4560
Who applied this simple trading signal already banked 70 pips..
Thank you for your attention to this matter
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,325
  • May 1, 2026 5:38am May 1, 2026 5:38am
Quoting ChiForex
{quote} Who applied this simple trading signal already banked 70 pips.. Thank you for your attention to this matter
You are the boss. Yesterday i didn't agree with you. When your forecast and my forecast matches i trade big. Thanks again
  • #96,326
  • May 1, 2026 5:58am May 1, 2026 5:58am
Quoting ChiForex
{quote} Ok folks my 3 orders since yesterday, 4645 4590 and 4555 have been closed at today TP that's within the 4550-90 zone that I've spoke about before.. This is how you manage trades... NOT set SL and loose an opportunity. Now 4590s is expected to form resistance and definitely 4630-45 if reached again.
Yeah well,. If one was trading with a small account,. That reaction yesterday would have swallowed the account if they were trading without a stop loss.
Some of us don't have thousands to trade with,. So we manage our losses the best way we can.. That's where a proper use of SL comes in..
I'm sure you know this though,. Just saying
  • #96,327
  • May 1, 2026 8:58am May 1, 2026 8:58am
holy macaroni. A bigger move in 5 minutes than the last 8 hours btw.
  • #96,328
  • May 1, 2026 9:10am May 1, 2026 9:10am
Sold 4639 TP 4560-80
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,329
  • May 1, 2026 9:11am May 1, 2026 9:11am
Quoting Nasim01
{quote} You are the boss. Yesterday i didn't agree with you. When your forecast and my forecast matches i trade big. Thanks again
Importance in agreeing more..long term results matter
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,330
  • May 1, 2026 9:13am May 1, 2026 9:13am
Quoting Izeey007
{quote} Yeah well,. If one was trading with a small account,. That reaction yesterday would have swallowed the account if they were trading without a stop loss. Some of us don't have thousands to trade with,. So we manage our losses the best way we can.. That's where a proper use of SL comes in.. I'm sure you know this though,. Just saying
Not about big or small account, but money management..lot size compared to account size..
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,331
  • May 1, 2026 9:24am May 1, 2026 9:24am
Quoting ChiForex
Sold 4639 TP 4560-80
Sir where is ur SL
  • #96,332
  • May 1, 2026 9:27am May 1, 2026 9:27am
Took a break for 3 months. Back, and made some good profits today. (Bought @ 4580, TP 1 - 4609. TP 2 - 4620)

Interesting read from everyone.

sold at 4660,
TP 1 - 4635
TP 2 - 4620
  • #96,333
  • May 1, 2026 10:08am May 1, 2026 10:08am
Quoting DukeLeto
Took a break for 3 months. Back, and made some good profits today. (Bought @ 4580, TP 1 - 4609. TP 2 - 4620) Interesting read from everyone. sold at 4660, TP 1 - 4635 TP 2 - 4620
Sir how Ng have you been running your strategy?
And which strategy are you using to make you make profits?
  • #96,334
  • May 1, 2026 3:40pm May 1, 2026 3:40pm
For Coming Week - Strong Sell Side Trend. Find the opportunity of SELL and go with proper Money Management and Risk --- Avoid Buy till the zones are failed
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  • #96,335
  • May 1, 2026 10:27pm May 1, 2026 10:27pm
[quote=saimran;15687174]For Coming Week - Strong Sell Side Trend. Find the opportunity of SELL and go with proper Money Management and Risk --- Avoid Buy till the zones are failed {image}[/quote
Sir you mean it SELL for the whole week?
  • #96,336
  • May 3, 2026 5:08pm May 3, 2026 5:08pm
Sell Gold 4640-55 TP1 4590 TP2 4555
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,337
  • May 3, 2026 5:11pm May 3, 2026 5:11pm
Quoting ChiForex
Sold 4639 TP 4560-80
Still holding on my order from Friday...my TP adjusted to today's.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #96,338
  • May 3, 2026 5:19pm May 3, 2026 5:19pm
Quoting ChiForex
{quote} Still holding on my order from Friday...my TP adjusted to today's.
so entry at 4640 - 4655
  • #96,339
  • May 3, 2026 5:29pm May 3, 2026 5:29pm
Everyone looking for sells makes me feel like going long, maybe 4510 was the bottom.
  • #96,340
  • May 4, 2026 12:52am May 4, 2026 12:52am
My sell 4639 still running, looking at 4555 TP2, only if the market ranges around 4590 may consider exiting at TP1.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
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