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- Xauusdscalpr replied Feb 4, 2025
Out of curiosity what is the US end of session low for you? looks like its been broken already
Gold
- Xauusdscalpr replied Feb 4, 2025
Gold has been stuck in this range for the last 4 or so hours of the day, stayed within it and didn't close above OR below, which favours Gold going up more than it going down given the upward momentum. Could be a place of consolidation before Asia ...
Gold
- Xauusdscalpr replied Feb 4, 2025
What an insane move from this morning, should have held onto my buys instead of assuming price action was showing weakness, oh well I never claimed to be perfect
Gold
- Xauusdscalpr replied Feb 4, 2025
I take that back, looks like price is pushing through! nice price action and structure forming on the lower time frame so this is looking great right now for the up-move
Gold
- Xauusdscalpr replied Feb 4, 2025
I'm afraid I disagree, price action is resisting the upper 2815 levels very strongly right now
Gold
- Xauusdscalpr replied Feb 4, 2025
failed to break its own high, immediately down on the open of the new 30m candle, this is what I mean about things needing to happen for the next candle to move with ease, you can't have one without the other. Now structure needs to form on the low ...
Gold
- Xauusdscalpr replied Feb 4, 2025
Need to see this hourly flip and then break its own high for a chance of the 4h to flip and start moving up now EDIT: Sorry that is very obvious and generic, I mean this current 1h candle, it can't continue at this level or it will be unlikely we ...
Gold
- Xauusdscalpr replied Feb 4, 2025
Price really doesn't know what it wants to do around the daily open
Gold
- Xauusdscalpr replied Feb 4, 2025
Sheeeesh that is ugly price action, not touching this anymore, I prefer buying gold at times like these but market seems unsure on where it wants to go with a more heavy bias towards selling, price can obviously reverse on a dime especially with ...
Gold
- Xauusdscalpr replied Feb 4, 2025
Rejected the 2815 level which is not ideal image 5m candle did close above it however no top wick, so lets see if the current 5m candle can continue the move up , 3 minutes to go image
Gold
- Xauusdscalpr replied Feb 4, 2025
Nice rejection on the 15m, need to see momentum continue now for this to be a FO
Gold
- Xauusdscalpr replied Feb 4, 2025
Price would need to close above 2815 as mentioned on the current 30m (and the hourly) to see a price move back up. This might be manipulation, hard to say for sure given the lower high that was created on the 1h chart
Gold
- Xauusdscalpr replied Feb 4, 2025
With that being said, current 5m candle *did* touch that retest level I had highlighted, if we see a strong rejection from here I would be convinced Buyers are still in control
Gold
- Xauusdscalpr replied Feb 4, 2025
Daily candle has flipped, current 4h is very bearish with no top wick which indicates there is no buying pressure after the 10am London candle open, image image I might be wrong but I see 2800 being retested before we break this current 4h ...
Gold
- Xauusdscalpr replied Feb 4, 2025
Closing my buys, I don't like price action here one bit. No top wick on the 4h candle and its pushing down quite aggressively on a 1m timeframe, Unfortunately I think this clown is right, Market wants to go down today
Gold
- Xauusdscalpr replied Feb 4, 2025
Very weird down move but its rejecting a strong area as I posted yesterday, so it's not too surprising it's reacting on the 4h close I expect this to flip soon though, Price today has gone from bullish, to bearish back to bullish, could be bearish ...
Gold