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- Xauusdscalpr replied Jan 27, 2025
It helps that it touched a previous support now become a resistance, but for a move up like that it needed to have a steeper bottom wick on those hourly candles image Why? Because in my opinion, the way it came down it was fighting with itself, ...
Gold
- Xauusdscalpr replied Jan 27, 2025
Trade closed, what an absolutely amazing and fun day of trading, I don't know why but watching that drive from 2745 to 2770 and thinking to myself "this isn't right it's not a real move" only to then see it immediately come down just as I had said ...
Gold
- Xauusdscalpr replied Jan 27, 2025
2747 would be my thought, depends on where this current 4h candle closes as it is at a very key level - will post an update once it closes
Gold
- Xauusdscalpr replied Jan 27, 2025
Because its made its move down, a retracement up is due, even to 2750
Gold
- Xauusdscalpr replied Jan 27, 2025
Taking a buy here at 2740.1, looks due for a retrace now especially with no top wick created on a 30m and 15m timeframe
Gold
- Xauusdscalpr replied Jan 27, 2025
Where HAS "Commodities" gone? Very quiet from him since this post. Anyway, always good to see analysis playing out as you plan for it. expecting price to continue down, this 4 hour candle closing will be key
Gold
- Xauusdscalpr replied Jan 27, 2025
1h candle if it closes below the current range, like I said, I'm fully expecting 2755 to get tapped, 2756 at the very least but that move up just didn't look right. Let's see what happens now after such an aggressive move down.
Gold
- Xauusdscalpr replied Jan 27, 2025
30 minute about too close, key level it needs to close below is yellow
Gold
- Xauusdscalpr replied Jan 27, 2025
Just under 2 hours until the current 4 Hour candle closes, if we see a flip after rejecting the open and "Opening low" that will be beautiful
Gold
- Xauusdscalpr replied Jan 27, 2025
Something about this move just doesn't look right, it looks like a massive trap, that 2755 region just hasn't been tested enough
Gold
- Xauusdscalpr replied Jan 27, 2025
Not him but its usually when price reacts by retracing in the opposite direction
Gold
- Xauusdscalpr replied Jan 27, 2025
If this 4 Hour candle flips (which it still very well may do) You won't hear me being nearly as obnoxious as you are.
Gold