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Attachments: Gold
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Gold

Quoting Mohamad-java
Gold D1 chart Please trade with your own analysis {image}
The analysis is complete
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The most important level arounds is limit 2009.33, till intact. Breaks also ok as on supports still. Next daily may ranging, if so may enough space for correction up or bull to do !! Take care
2021.51 signal breaks may lead to 2031 +as start.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
for me daily correction is over
Quoting S3000
for me daily correction is over
Good to see more people are with me in this.
Secret to the Price Action is Liquidity.
Quoting vankiepsauff
{quote}add 2084
I still hold short
vankiepsauff
me too
TIME TO LOSE MONEY
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Quoting vankiepsauff
{quote} I still hold short
how you can hold......tell me some tips how to hold a trade.....even it is a small lot
Be Calm In Every Situation
Quoting sambhav30
{quote} how you can hold......tell me some tips how to hold a trade.....even it is a small lot
I think I will continue to go down, so I hold short, no tips at all.
vankiepsauff
Quoting sambhav30
{quote} how you can hold......tell me some tips how to hold a trade.....even it is a small lot
He shorted from 2084, even if his lot if 0.02, he is running in $120+ profit. If it is 0.05 profit should be around $300+.
He just entered sell without TP and his Stop Loss can be on breakeven.

Just in case if you are wondering what breakeven is, you put your stop loss on exact point of your entry, if price hits it you get 0 loss. Sometimes if price is gone too far, you can set your stop loss as well as TP (e.g, your entry point 2084 and SL is 2086, now price is at 2015, you can move you SL to 2035, if price hits 2035 you get profit lock instead of loss).
Secret to the Price Action is Liquidity.
Quoting iusman23
{quote} He shorted from 2084, even if his lot if 0.02, he is running in $120+ profit. If it is 0.05 profit should be around $300+. He just entered sell without TP and his Stop Loss can be on breakeven. Just in case if you are wondering what breakeven is, you put your stop loss on exact point of your entry, if price hits it you get 0 loss. Sometimes if price is gone too far, you can set your stop loss as well as TP (e.g, your entry point 2084 and SL is 2086, now price is at 2015, you can move you SL to 2035, if price hits 2035 you get profit lock...
yes...trailing stop loss
Be Calm In Every Situation
guys tell me your opinion.....if gold cross 2000 then we can say that downtrend is start?
Be Calm In Every Situation
Quoting sambhav30
guys tell me your opinion.....if gold cross 2000 then we can say that downtrend is start?
Obviously, still if candle on D1 breaks the low of previous candle we say it is a downtrend.
Secret to the Price Action is Liquidity.
Clear retracement on H4. Resistance at 2024-25, if goes through expecting 2045 area, a strong resistance. If gold breaks 2045 we can see retest of 2081 or maybe another new high.
Selling and buying at this point is once again confusing decision.

Also, if any bearish candle closes below 2020, I taking a sell entry with 2015 as TP.
In other situation if bullish candle closes above 2023, I am going to wait till it goes through 2024-25 or reject it with a sell confirmation.
Patience is the key here!
Secret to the Price Action is Liquidity.
Quoting iusman23
{quote} Obviously, still if candle on D1 breaks the low of previous candle we say it is a downtrend.
yup.....so you are also in wait of sell setup?
Be Calm In Every Situation
Quoting sambhav30
{quote} yup.....so you are also in wait of sell setup?
I am waiting for any strong set up, either sell or buy.
BTW, are you new to trading mate?
Secret to the Price Action is Liquidity.
Quoting iusman23
{quote} I am waiting for any strong set up, either sell or buy. BTW, are you new to trading mate?
yes...i started from july in demo account.....real account from october mid
Be Calm In Every Situation
Quoting sambhav30
{quote} yes...i started from july in demo account.....real account from october mid
I started in September, direct from real account.
I see you still get confused with set ups?
Secret to the Price Action is Liquidity.
Quoting iusman23
{quote} I started in September, direct from real account. I see you still get confused with set ups?
nope....not confused but if you have something for me then yo can tell me
Be Calm In Every Situation
Quoting sambhav30
{quote} nope....not confused but if you have something for me then yo can tell me
Improve on tackling consolidation areas, must learn how and when to take entry in consolidation areas.
Secret to the Price Action is Liquidity.
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