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Gold

Quoting mades
{quote} Who said anything about losses? I'm BE today which I consider a good result given the circumstances.
Actually this was in response to:
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Quoting Techknow
{quote}
Well done, good call. I hope we can fall from here. Although then we would need some heavy hawkishness.
"Live & Let Live" - David Gilmour
Quoting Techknow
{quote}
TechKnow
Quoting Techknow
{quote}
can someone give this man a round of applause
Quoting Ravenfeeder
{quote} Well done, good call. I hope we can fall from here. Although then we would need some heavy hawkishness.
I was suppose to quote you and quoted myself lol. I would look for an hourly or 4 hour bearish candle for ultimate confirmation if you want to be conservative.
TechKnow
Quoting Techknow
{quote} I was suppose to quote you and quoted myself lol. I would look for an hourly or 4 hour bearish candle for ultimate confirmation if you want to be conservative.
Price has room to the top of the candle dont get crazy, But this is where im looking obviously.
Edit: Ultimately, I would like a hard push-up and a big wick around the hourly or 4-hour close time. Thats the key here for the confirmation especially if the candle body remains under the mentioned zone.
TechKnow
Quoting giveachance
as expected inline data and market takes a breather. there is nothing much for this month to look at after today's data. gold will probably do 161.8% retracement to 2402. any break below 2376 will be sold
do you mean 2302?
Quoting Scalper-N
{quote} do you mean 2302?
I think he means 2402 if he is speaking of the 161
TechKnow
Quoting Techknow
{quote} I think he means 2402 if he is speaking of the 161
LOL. This is an example of why they say Gold has low liquidity (and high volatility), as it can swing really wide, not ideal for scalping, even though that's what I do.

Can someone call President Biden and ask him to go Long on the Dollar and Treasury notes?
"Live & Let Live" - David Gilmour
These behaviour's of Gold show that Gold will not back to normal Price's (for ever) .
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
Quoting mhmdghaeni
There behaviour's of Gold show that Gold will not back to normal Price's (for ever) .
That is very true, except if everything crashes. If you look at Gold through the decades, it has mostly gone up, therefore ultimate way to trade it is buy-the-dip, almost always, except of we are hiking rates again. I mean, there are gaps on higher TF all the way down to 1300 or so. Doesn't mean we will see it again.

https://www.tiktok.com/@logicalforex...74304218467610
"Live & Let Live" - David Gilmour
Quoting Scalper-N
{quote} do you mean 2302?
In broader sense or higher TF yes, but he called that price because then it will be break of structure, which can now be 2382 as we moved higher, but 2376 will be even better confirmation for going selling short to medium term at least.
"Live & Let Live" - David Gilmour
Quoting Techknow
{quote} Wont be for life because 2389 10000% has to fill at some point in time.
ma ma make me happy
gold - 2hrs
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Any idea which way it will move
gold - 15min
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gold - 2hrs
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2394.95 is WR1/Classic
and
ADX(10) on M30 chart shows >30= "trend up"

I opened a few/small/ shorts to see if Frankfurt gonna to pullback to 2385th, left from yesterday
then
2391.09 is a middle of daily
and
2375-79th is a area of DPPs

if up
2407th - DeMark's DR1
2412th - DeMark's WR1
dolce vita
Quoting Scalper-N
{quote} do you mean 2302?
no I mean 2376 and below opens a shorting opportunity but I would be careful now. it all depends on what the dollar does in the near term
good morning europe

bring yo ass
to trade LO

dolce vita
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