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aeternum replied Aug 15, 2021Honestly I have been expecting gold to shoot up with the Taliban's attack in Afghanistan but so far it has been pretty chill unlike the Iran missile incident.
Darkangels pips hunter
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aeternum replied Aug 13, 2021I'm out at 1763. Gonna wait to see if it peeks higher again for a better sell position, otherwise I'm done for the week!
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aeternum replied Aug 13, 2021I took a second at 1764.7. Looking to close off at 1762, just a small scalp before the weekend.
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aeternum replied Aug 13, 2021Well we know that 1756 was previously a level that took time to overcome so it will likely want to get back there to retest (assuming what happened in the last hour doesn't count as a retest). Break of 1767 will open up 1793 once again. But it is ...
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aeternum replied Aug 13, 2021Gold may also potentially hit 1767 and then continue the down trend... Still going to sit out today since I've already done my weekly goal. Don't want to overtrade, shall just take a break and chill.
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aeternum replied Aug 12, 2021Seems like 1755 is providing good resistance but I don't see it as overbought/oversold yet. Looks like it is consolidating until the next piece of news like it always does. But I hope you score some green pips!
Darkangels pips hunter
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aeternum replied Aug 12, 2021Took profit on my EURGBP positions as I was out for drinks. Shall observe market tomorrow again to see if I can spot any nice trades to take. This week has been banging so far. Hope every week can be this amazing.
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aeternum replied Aug 12, 2021Seems like all the AUD and NZD pairs corrected, I only managed to catch a small move on EA.
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aeternum replied Aug 12, 2021Good luck Yumi! I'm out of Gold for now, 1H says overbought, Daily says oversold. That's not a trade I want to be placing, although I may look for scalps during news events later today.
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aeternum replied Aug 11, 2021At the current moment, I can see AUDJPY, NZDJPY in overbought zones. AUDUSD and NZDUSD may still go up but are entering overbought levels soon. EURGBP forming bullish divergences with possibility of one more drop. Expecting some up move to come. ...
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aeternum replied Aug 11, 2021So gold made a push up, I would validate this inverse H&S with left and right shoulders at 1726. It has just arrived at the neckline and is showing overbought levels on 1H. Daily still looks good for a push up since yesterday we got a little bearish ...
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aeternum replied Aug 11, 2021So EURGBP fell slightly, not much affected by US news. USDCHF fell and EURUSD went up. Gold went up as well but I was only in Gold. USDJPY went up slightly more since I posted this but has now corrected lower. With USDJPY printing a higher high, ...
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aeternum replied Aug 11, 2021I've closed out all my gold positions. All the scalping still makes me net profit on the week but I know I could have managed it way better. Have to really learn from this and maximize profits when such a huge move happens in future.
Darkangels pips hunter
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aeternum replied Aug 11, 2021I'm actually looking purely from technical pov that daily needs room to go up because it is oversold now and based on the structure it would make for a good bounce. But because we have news coming up, it may just ruin that beautiful technical ...
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aeternum replied Aug 11, 2021Not taking a trade is also smart. Too much confusion on US. They want to increase rates but delta variant still an issue. Even if they see economy recovering, you can't recover fully until you actually manage the evolution of the virus. Wonder what ...
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aeternum replied Aug 10, 2021Possible inverse H&S for gold here with neckline around 1750?
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aeternum replied Aug 10, 2021Right now I'm still in EURGBP buy and Gold buy. I'm looking for a retracement in EURGBP and also based on how oversold it is currently. EURUSD is also looking extremely oversold at this point, previous support level at 1.1708, most probably going to ...
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aeternum replied Aug 10, 2021On the other hand I actually prefer if Gold could go up to around 1767 - 1793 for more sells to break 1677... With the US government leaning so much towards tapering, I feel that Gold should drop to the 15xx levels. But of course we're still ...
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aeternum replied Aug 9, 2021Okay well I'm seeing 5mins charts starting to show some signs of life upwards. Question is will it last and how far will it go?
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aeternum replied Aug 9, 2021I don't see any up move right now... Looks like it wants to go down again. But this entire down move from 1831 level might also be the end of the down move wave, time will tell I guess. US is beginning to discuss more on tapering which is inducing ...
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