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BiteFX replied Mar 3, 2020
...Thanks for the piece. But, let them go to my Stop loss, then and only then, do I know I was wrong. Trade Idea lasts till 22:00 server time for today. I stay Alive.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Oh! I thought you were already long. Bro, no one ever knows...It's on the first post. If you've done your Maths, then put your money where your mouth is.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Bulls are naturally stubborn creatures.
They tried to Breakout yesterday, and are still doing the same today.Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Kai...Price took my stop loss at Breakout-1604.45 hmmm
But, since I am only looking for short opportunities today, I got one last Sell Limit order activated there at Breakout-1604.45 and Stop Loss at Reversal-1619.78. I am always ...Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Gold's got that level 1604.70 Also, currently at Breakout-1604.45 as on earlier chart today. If, Price does not get to Reversal-1619.78, then some moves to the downside is possible.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Are there any events today aside from the G7 meeting?
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Yes bro, This is Forex, anything is possible o.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Learninff, my pleasure. You're welcome on board. Let's mine Gold together. Of course, criticism is related to curiosity it will drive in observation and conclusion as we follow our imagination where ever it leads.
My greatest critic is ...Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 3, 2020
Morning bro. Yes, great analysis.
1570 is on sight. 1600 being the real biting area on the chart for now I guess as a psychological level. 1500 too not undermined. But, I am thinking that before Gold can recover from that Friday's fall, it will ...Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 2, 2020
The level above price has Limit orders while the level below price has Stop orders respectively.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 2, 2020
March 03, 2020. Trend
Trade Idea: Looking to Sell Resistance, Pivot, Support in that order. Stop Loss hidden at 1604.45. Potential Take Profit at 1570.18 Yesterday, Bears had a sell following through the sell-off of last week's Friday. ...Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 2, 2020
I had to shift Take Profit to Pivot. And it's taken. 170pips...Not bad for a start though for the health of the thread.
Gold Mining - Using Each Trading Day's Trend
- BiteFX commented Mar 2, 2020
That means we should start buying.
Gold bounces sharply higher after biggest daily drop in nearly 7 years
Just like that.- BiteFX replied Mar 2, 2020
Although lower than previous/forecast but it's above 50 which signifies industry expansion. I think it still favors the bears for today.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 2, 2020
Chart update... Uptrend line broken downwards, price currently trading below down trendline and below resistance. The market has the final say though.
Gold Mining - Using Each Trading Day's Trend