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BiteFX replied Mar 26, 2020First profit taken at 1600...sell stop activated...
on the move.Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 20201600 broken... Let's see if we can get to 1560.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 20201600 has been a very strong psychological level that the market has always reacted to. It comes into play again today as the battle continues. "If you're choosing a party, be sure about this, anyone can win the battle, but stay alive".
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Thursday March 26, 2020. Bears won yesterday's candle fight as bulls lost momentum to break past the 1640 psychological level but were sent below 1620. Red trendlines giving a mixed bullish signal are broken downward by price...shows bulls are ...
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020In my opinion, the bulls have lost momentum, this will allow for the bears to step in one more time and thrust the market deeper.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Price currently locked in between 1620 and 1610 finding a breakout...

Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 20201620 acted as a resistance, now 1610 acting as a resistance. If this level holds, the next psychological level am eyeing will be 1580.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020This is one of the major reasons I depend entirely on the signal my chart gives me...It is not 100%. But, it's making my account grow. Some false, some true... Over a large sample size trading data... I come out profitable.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020News was positive for USD today.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Market went down to 1600 that acted as a temporary support to me. I am looking at 1500 psychological level.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020I am thinking of 1510-1500...Gold seems to be running like mad these days.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Yes, it is around that range... It was a global phenomenon yesterday. One 30 years of trading professional said he hasn't seen such in about 11 years of trading gold.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Am in... Let's see market's judgement on my position.
Gold Mining - Using Each Trading Day's Trend
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BiteFX replied Mar 25, 2020Here, the trendlines are broken downward...I expect more downward move.
Vikinsa's GOLD (XAUUSD, XAUGBP) Journal
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BiteFX replied Mar 25, 2020Vikinsa nice job well done...Gold may go deeper from that reversal to about 1500 psychological level.
Vikinsa's GOLD (XAUUSD, XAUGBP) Journal
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BiteFX replied Mar 25, 2020I don't think so... The price will still fall.
Gold Mining - Using Each Trading Day's Trend