~4068 showing to be an important price lvl at the moment. Confirmed break could warrant a ~$10 move north toward ~4080. If we continue to reject either down to test lows, or sideways accumulation until I guess NFP.

Gold with No Drama

Hope that you closed when the rejection started to form? Was a good entry!

Gold with No Drama

Love this entry, was actually looking myself to enter there but missed the timing. Nice trade!

Gold with No Drama

Good morning fellow gold traders! Ready for fireworks today? :-D

Gold with No Drama

Looks like ~4118 does not want to break as we had three hours of rejecting into this level. I think back to ~4100 -> either we break and continue south toward ~4080. If we find support again around ~4100 -> back to test ~4118 /accumulation., NFP ...

Gold with No Drama

patience being tested!

Gold with No Drama

currently waiting to see if we can break through this near term resistance around 4118. Confirmed break could warrant continuation into ~4130, in extension ~4150

Gold with No Drama

sit in your hands and wait for a setup to form. Currently waiting to see if it wants to break session high (~4118) same time looking for retracement toward ~4100 as this coincides with the 50/61.8 fibb area of the last move.

Gold with No Drama

Nice mini breakout just now. Closed a bit early - work meeting coming up and didn’t want to manage. entry 4090 stop 4087 target 4108 closed 4105 lets see what the rest of the day brings

Gold with No Drama

Closed this trade. 4086->4093.5

Gold with No Drama

took an early buy this morning. If too much resistance around that ~4100 will close early.

Gold with No Drama

Watching the market to see if we bounce of ~4080 area to take longs toward 4110-4120. In case of 4090 rejection, and closing under ~4080, will re-asses to see what the market wants

Gold with No Drama

Morning fellow traders - may today be a prosperous one again! 1H i see an inverse H+S broken out, let's see if we continue bullish today

Gold with No Drama

As you write, everyone has a different appetite for risk. The most 'common' or advised percentage that I know is 1-3% per trade. I tend to trade around 5-7% but I scalp. On swing trades/longer term trades, risk tends to be 2-3%. What actually is ...

Gold with No Drama

Perhaps try and trade yourself? OR, look at what others share and see if you can find yourself in the analysis/trade they take. Trading is personal - everyone trades differently. What works for one, does not work for the other. You'll thank yourself ...

Gold with No Drama

Just sharing my view on the day what may happen direction wise . ~4050 area is key for either side

Gold with No Drama

Only thing I would advise you to do here, is to look at your Risk to Reward ratio. Let's assume you enter 4050, stop 4108 (58$ stop), your TP 1 would only net 40$ ( so 1<RRR), at TP2 61$ (just over >1RRR) and TP3 99$, 1:1.7RRR). Lot of risk for ...

Gold with No Drama

Profitable morning. Now staying patient to see whether we break ~4050 or reject and accumulate/back to this morning lows.

Gold with No Drama

waiting to see what the market does around ~4030. Break of here could warrant continuation toward ~4050. A confirmed rejection could warrant back to ~4010

Gold with No Drama

morning fellow traders - may we have a good day!

Gold with No Drama