Attachments: Gold with No Drama

Gold with No Drama

#56,381
Jun 11, 12:41am (7 hr ago) Jun 11, 12:41am (7 hr ago)

Fdxb
| Joined Feb 2025 | Status: Trader | 76 Posts | Online Now

Quoting Deal

Disliked

{quote} Like anyother price... Right.... 1 candle low at 4117.84 and other candle high at 4117.84, expected a max body downside in weekly the sum is the same, yah.... In the chart since beguining of the week i guess.... {image}

Ignored

Do you see 4175 today ?

#56,382
Jun 11, 12:42am (7 hr ago) Jun 11, 12:42am (7 hr ago)

goldburster
| Joined Jan 2026 | Status: Trader | 8 Posts

Quoting Egidijusbal

Disliked

{quote} Yes i waiting too , dont selling on fomo, we read candeles and waiting what they show us, but maybe you entry a little bit early maybe for your experience , bcs no HH . 1h. I wait that 1h close 4118 then pulback.

Ignored

4116 is level from sellers will be going to active otherwise just offside from sell

#56,383
Jun 11, 12:43am (7 hr ago) Jun 11, 12:43am (7 hr ago)

goldburster
| Joined Jan 2026 | Status: Trader | 8 Posts

buyers are full in control till 4120 to 4135 we better wait

#56,384
Jun 11, 12:47am (7 hr ago) Jun 11, 12:47am (7 hr ago)

Houtbay
Joined Nov 2020 | Status: Trader | 4,578 Posts

Trend remains short. Retracement to 4106

#56,385
Jun 11, 12:48am (7 hr ago) Jun 11, 12:48am (7 hr ago)

Batman98
| Joined Jun 2026 | Status: Trader | 1 Post

Quoting Zebi

Disliked

if this hourly candle closes above 4064 we prolly get a bounce overnite to 4130 before NY smacks it down again

Ignored

surprisingly it's going well so far

#56,386
Jun 11, 12:49am (7 hr ago) Jun 11, 12:49am (7 hr ago)

IKazer
| Joined Apr 2026 | Status: Trader | 79 Posts | Online Now

quick nice tp <3

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#56,387
Jun 11, 12:50am (7 hr ago) Jun 11, 12:50am (7 hr ago)

sirmadilnaee
| Joined Aug 2025 | Status: Trader | 1 Post | Online Now

Quoting Fdxb

Disliked

{quote} Do you see 4175 today ?

Ignored

What tool did you use this?

#56,388
Jun 11, 12:52am (7 hr ago) Jun 11, 12:52am (7 hr ago)

sunilpawar
Joined Aug 2010 | Status: Trader | 1,279 Posts | Online Now

Quoting sunilpawar

Disliked

I will look for sell at H1-20SMA/50SMA

Ignored

Shorted at 4106 TP open SL 4125

The Phoenix Trader....

#56,389
Jun 11, 12:53am (7 hr ago) Jun 11, 12:53am (7 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,879 Posts

Quoting SibiSh

Disliked

{quote} All low levels are tested except one 4090+.. if not today then most probably tomorrow we will see a new low may be 4030-36 or more low to 3980. Just my thoughts

Ignored

After Hitting new low now watch 4113 then extension 4188 or 4219

Patience

#56,390
Jun 11, 1:06am (7 hr ago) Jun 11, 1:06am (7 hr ago)

BeeTogether
Joined Oct 2020 | Status: Trader | 14,045 Posts | Online Now

Risky long to 4120

Insane in the Brain..

#56,391
Jun 11, 1:11am (7 hr ago) Jun 11, 1:11am (7 hr ago)

Esnnal
| Joined Sep 2025 | Status: Trader | 36 Posts | Online Now

Quoting BeeTogether

Disliked

Risky long to 4120

Ignored

U mean you take long position now ?

#56,392
Jun 11, 1:12am (7 hr ago) Jun 11, 1:12am (7 hr ago)

sunilpawar
Joined Aug 2010 | Status: Trader | 1,279 Posts | Online Now

Quoting sunilpawar

Disliked

{quote} Shorted at 4106 TP open SL 4125

Ignored

Closed 4077

The Phoenix Trader....

#56,393
Jun 11, 1:14am (7 hr ago) Jun 11, 1:14am (7 hr ago)

BeeTogether
Joined Oct 2020 | Status: Trader | 14,045 Posts | Online Now

Quoting Esnnal

Disliked

{quote} U mean you take long position now ?

Ignored

yup closed my short before NY closed last night

Insane in the Brain..

#56,394
Jun 11, 1:17am (7 hr ago) Jun 11, 1:17am (7 hr ago)

SibiSh
Joined Jun 2025 | Status: Trader | 1,879 Posts

Gold Updated Analysis
Gold remains under strong bearish pressure after breaking below multiple support structures and confirming a lower low formation near the 4023 area. Price is currently attempting a corrective rebound from the recent low but the overall market structure remains bearish as long as it trades below the descending trendline and the key resistance cluster around 4190-4235. There could be a potential retracement toward the 4152, 4192 and 4232 levels. Any recovery into these areas is likely to attract fresh selling interest. A rejection from the 4190-4235 region could trigger another leg lower toward 4000 and below while only a sustained break above the major resistance zone would weaken the current bearish outlook.
Trade Plan - Sell Setup
Sell Zone: 4190-4235
Targets: 4120, 4023, 3893
Invalidation: H1-H4 close above 4268

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Patience

#56,395
Jun 11, 2:11am (6 hr ago) Jun 11, 2:11am (6 hr ago)

Gdsrenko
| Joined May 2026 | Status: Trader | 12 Posts

Good analysis.
I agree that the structure is still bearish after the lower low around 4023 and the break of several support areas. For me the most important part now is not only the direction, but how price reacts if it retraces back into the 4190-4235 area.
If gold reaches that zone and starts rejecting quickly, then the bearish continuation idea makes sense. But if price accepts above that area and holds there, shorts become much less clean because the market may be trying to rebuild structure.
So I would read it like this:
1. Below 4190-4235, sellers still have control.
2. A weak pullback into that zone can attract new selling.
3. A strong reclaim above the zone changes the picture.
4. The 4023 area is important because if it breaks again, 4000 becomes a psychological magnet.
I like the invalidation idea above 4268. Without a clear invalidation, bearish plans can become emotional very quickly.
Just my view. Trade safe.

GDS Renko Research Studying Renko market structure, XAUUSD behavior

#56,396
Jun 11, 2:16am (6 hr ago) Jun 11, 2:16am (6 hr ago)

Deal
Joined Nov 2024 | Status: Trader | 5,367 Posts

Quoting Fdxb

Disliked

{quote} Do you see 4175 today ?

Ignored

Closing above 4117.8 looks like....
but the way i am seeing building momentum cautiom that the tap in 4122 can trigger another big fall and at the end can be just a wick of 4117.8
closes matter

#56,397
Jun 11, 2:19am (6 hr ago) Jun 11, 2:19am (6 hr ago)

illest17
| Joined Jun 2026 | Status: Trader | 6 Posts

Should we buy now?

#56,398
Jun 11, 2:31am (5 hr ago) Jun 11, 2:31am (5 hr ago)

IKazer
| Joined Apr 2026 | Status: Trader | 79 Posts | Online Now

Quoting Deal

Disliked

{quote} Closing above 4117.8 looks like.... but the way i am seeing building momentum cautiom that the tap in 4122 can trigger another big fall and at the end can be just a wick of 4117.8 closes matter

Ignored

got scared so i closed