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No attacks just gold trades/analysis

  • #3,761
  • Jun 9, 8:44pm (7 hr ago) Jun 9, 8:44pm (7 hr ago)
Quoting mloistianto
Okay first counter trend trade Buy @4200 SL @ 4185
SL hit, i am staying out

Cheers
  • #3,762
  • Jun 9, 11:50pm (4 hr ago) Jun 9, 11:50pm (4 hr ago)
Quoting mloistianto
{quote} SL hit, i am staying out Cheers
At this stage , buying is not a bad option...but stop loss should be very wide... Or no stop loss at all ... Gold can go to 3990 or even lower as some analysts say 3500... But this year or may be next, it will come back . So if anyone is investing buy here for swings , lot size should be small and keep in mind a drawdown to 3500. Or otherwise, stay calm and wait for a decent pullback or trend change.
  • #3,763
  • Jun 10, 12:46am (3 hr ago) Jun 10, 12:46am (3 hr ago)
staying out after a SL hit is underrated. most traders immediately look for the next entry to make it back. that revenge impulse is usually where the real damage happens, not the original loss.
  • #3,764
  • Jun 10, 2:00am (2 hr 29 min ago) Jun 10, 2:00am (2 hr 29 min ago)
A trade idea will be sent during NY session. There is no point rushing into trades. Quality over Quantity. Wait for manipulation before doing anything. This is what gold has constantly done. No manipulation, no entry.
  • #3,765
  • Jun 10, 2:43am (1 hr 45 min ago) Jun 10, 2:43am (1 hr 45 min ago)
XAUUSD Update: 250+ Pips TP Done!
The sell setup delivered exactly as anticipated, reaching 250+ pips in profit from the highlighted resistance zone.
250+ Pips Booked
Resistance Held Perfectly
Clean Price Action Execution
"Trust the setup, trust the process — 250+ pips successfully secured."
#XAUUSD #Gold #SellSetup #TPDone #PriceAction #ForexTrading
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  • #3,766
  • Jun 10, 3:11am (1 hr 17 min ago) Jun 10, 3:11am (1 hr 17 min ago)
Quoting Mrs.Nouman
{quote} At this stage , buying is not a bad option...but stop loss should be very wide... Or no stop loss at all ... Gold can go to 3990 or even lower as some analysts say 3500... But this year or may be next, it will come back . So if anyone is investing buy here for swings , lot size should be small and keep in mind a drawdown to 3500. Or otherwise, stay calm and wait for a decent pullback or trend change.
Yes but currently we dont know where is the bottom for this, so buying would be too risky so i will not open too many trade for today,

While selling here even though viable but its better to wait for a better price.

Cheers
  • #3,767
  • Jun 10, 3:28am (1 hr 1 min ago) Jun 10, 3:28am (1 hr 1 min ago)
where is cannyouu today ?
  • #3,768
  • Jun 10, 3:34am (54 min ago) Jun 10, 3:34am (54 min ago)
Quoting goldraja
where is cannyouu today ?
Cannyouu Sleeping Right now. He Wake up at CPI Time.
  • #3,769
  • Last Post: Jun 10, 3:36am (52 min ago) Jun 10, 3:36am (52 min ago)
Here's my analysis.
Gold is heading to a new low @3,998.40 from the daily Time frame.

On lower time frames, sellers are majorly @ 4200 - 4217 zones.

***Anyone buying should be SCALPING on 1min - 5mins time frame

***Next major support is @ 4130

***ANOTHER ROUND OF ATTACKS BETWEEN US & IRAN HAS BEGAN. GOLD WILL PAY THE PRICE WHILE OIL WILL GAIN

I will be looking forward for a retracement to 4195 - 4200 zone hopefully during New York session for a sell opportunity. If that doesn't happen, I will sell @ the current price & swing it to 4,000.
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