Is not so linear like that... You will start a new month in a couple of days, a new quarter... The closes matter as the opens... I will try to make it simple the importance of the closes and opens giving you friday example just using price action... ...

Gold with No Drama

4118 was a friday level, without the open no clue of a level upside, but take note on this and i will gonna repeat my self... If monthly does not average more, the volatility that everyone is complaining only will get worst... By other words we ...

Gold with No Drama

Isn't the image enough to explain? You might think is an ordinary level, but it isn't... The same way if they close below i accept price going down... There are static average and dinamic average, and dinamic is correlated with volatility for that ...

Gold with No Drama

Is not talking bad is talking the truth... You and others talk talk talk only when market drives in your favor.... I trade Asia from 3988 to 4071 and i let the reasons why... After beeing paid don't give a sh.... to be right... You guys don't trade ...

Gold with No Drama

So? If you start to be right is just because you need to be right... What do you need? Trade and get paid or be right at the end? Is the problem at this forum... Starting by mix subjects and TF's... I tried to explain probabilities and from where to ...

Gold with No Drama

And i was not, but i am not owner of reasons and all stats. He should have his own reasons, Above 4072 i said 65% probabilities to pulback or reversal, still 35% missing... Personally whatever setup i trade above 65% is obvious i prefer to sell. At ...

Gold with No Drama

But you ask why, right? This the problem... He can make more money in 10k or 20k movement than other with a 100k movement... Market is fractal and both can be right at the end... And yes is all about probabilities and average....

Gold with No Drama

Nothing wrong with your analise... What a day trader do? Trade daily.... Is what he is doing... Like yours he have his... Is so bad buy here as it was sellers sell below 4072... Even if we are bearish higher tf but still we see it and some made ...

Gold with No Drama

So crazy like say gold will pump down hard.... Do you know how monthly ends relative to average? Just check those stats... It can be a bit crazy because daily candle, but at this time of the month you will always gonna see more time than not price ...

Gold with No Drama

Above 4072 there are a chance of 65% price reverse or pulback.... At 4118 increase near 95%, in the middle odds better than 65% but is not the best.... Rules.... Having rules and stats help a lot....

Gold with No Drama

4088, 4107 is a level each related to the respective tf... why i wait for 4118? I know that level better, have confluences, knowing that this two can reverse price... If i loose a train i loose a train... I don't trade at any time or level... People ...

Gold with No Drama

4102 is a 4h level with high probability to reverse or be tested if 4h ny time close above... But is not a level so strong as 4118/122 It exists level in everywhere in your charts, the edge is trade the most probability ones and know how they behave ...

Gold with No Drama

Not a level to me anymore, it can reverse... But was breaked, test it and i am out... See you guys at 4118 if we go there... Safe trades... EDIT: Is still an OHLC level, reason why still can reverse, but divergence with volume...

Gold with No Drama

Always risk trade Ny without really tap 3 am ny candle or its breakout... Stats are in your charts, not necessary is a reversal, 4h have two new supports created, 4032 is a monthly level, 4040 a weekly and i can say more but i don't defend any ...

Gold with No Drama

Agree, but 1st take out in 4h 3080/69 zone, OHLC and volume levels for daily... If we go bullish we have a lot of resistances on the way. is all about 4032 and 4040 levels, is this fight that is in place, and i mention all week 4040. So till now to ...

Gold with No Drama

FF in short, i buy.... Not in the books... Time to take a nap.... Safe trades...

Gold with No Drama

Is not noise... Is mitigations 1st place... And what they do at those levels define the next move. They test levels all the time and every test have two faces of a coin... And they do this in a fractal way, starting in lower tf till the tf level it ...

Gold with No Drama

Very stress to trade trend... Break above test... Day done... Particulary when weekly achieve his average movement, will go forward? Will reverse? 3991 was her volume level and even if tomorrow we close below most likely will gonna see test the ...

Gold with No Drama

the fact 4h close above 4027 can mean more bullish... Personal opinion... After the break of 4027.49 at 4h is what 1h imediatly went to test it, and didn't break it... To go lower 1h have to regain this level fully.... Safe trades.

Gold with No Drama

No time to trade today, but think the same, but just a tiny catch... Weekly at same time played his average move.... 4040 being a weekly level i don't think people can see this buy to sell only... 4027 was average, 4078 overbought at daily and ...

Gold with No Drama