So far price is behaving according to my plan. 1930 max liquidity taken. Now it should be a comfortable ride to 1944. Lets see.

Gold

today's daily candle close is important for me. if it closes below 1935 then i will take profit on 1940 retest. But if the daily closes above 1935, then according to my charts, price will maximum go to 1930 for liquidity and then push up. Also the ...

Gold

Entered in Longs. Full margin. No stop loss lol kidding SL at at 1928 as i am entering for long term buys. Tp 1980

Gold

Yes that's right. But the market conditions were different then. I don't think it will be the same case now. I am very much bullish till a daily candle closes below 1935. Will take sells only for scalps.

Gold

I think price moved down to fill that gap. possibly to 1962 now.

Gold

there is a gap in some charts. And it moved roughly 90 pips.

Gold

But its slowly going down

Gold

Gold is refusing to go down despite the data. Maybe because of fitch ratings??

Gold

Of course it will. But when? no one knows that. it can take retracement from here or from 1930-40 area. Will definitely go to 1960-1965 area. Beyond that, i am not sure at the moment.

Gold

Closed my sell position. I'll wait for the data now and then enter accordingly.

Gold

No worries about 1975. i'll take more fromthere. Cheers

Gold

I have taken sells from 1971. Is there any more upper untested level i should be worried about?

Gold

I hope everyone had a great last week. Big price actions can be seen next week as well. So i am going to share my bias here. if i am wrong please be free to comment. I am witnessing an inverse head and shoulder pattern on daily timeframe. This ...

Gold

After yesterday's move, i though price will retrace maximum to 1953 during Asian and then straight to 1930. But Bulls are still dominant in market. yesterday's bearish move seems to be just a one off due to strong data. Price might break 1983 next ...

Gold

price is stuck b/w 1958 and 1950. I think it wll remain in this range for the rest of the day.

Gold

Which candle?? daily or 4H??

Gold

Omg this is a slaughter of bulls now. lol This is the first time i am watching such a huge continuous move. 1940 is ON even today.

Gold

well it didn't. Because data was too much strong and strongly favoring dollar. If the daily candle closes below 1953, then 1940-1935 is on.

Gold

All the data has been very positive for dollar. This means no further rate hike. Should be bullish for Gold once this settles down. lets see how the market moves.

Gold

That's really sad to know. I would advise you to use stop losses especially when you are trading gold. Although anything can happen, but i don't see price going down beyond 1970 in short term. Powell's stance may not be purely dovish but traders ...

Gold