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  • #33,461
  • May 30, 2024 7:53am May 30, 2024 7:53am
Quoting giveachance
{quote} 2344 is taken out by this print. I will watch here and if we dont take out 2350 sell is inevitable
What is your analysis brother as i have taken Gold at 2342.6 and a good amount of lot,
  • #33,462
  • May 30, 2024 8:22am May 30, 2024 8:22am
@Nikhil10,

I see you ane new, me to. Can i add you on discord or somewhere
  • #33,463
  • May 30, 2024 8:28am May 30, 2024 8:28am
Shorted,
Still would like to see lows of asia.
Will leave this one and will go for a run,cant catch trading vibe today . Happens from time to time.
Trade safe
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Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #33,464
  • May 30, 2024 8:42am May 30, 2024 8:42am
Update...:

15-Minute Time Frame:

  1. Short-term upward movement with recent higher highs and higher lows.
  2. Increased volume suggests growing bullish sentiment.

Impact of Economic Data:

  1. Stronger GDP: The slightly better-than-expected GDP could weigh on gold as it indicates economic strength, leading to a stronger dollar.
  2. Higher Unemployment Claims: The slightly higher claims suggest minor economic softness, providing some support to gold.

Analysis:

  1. Bullish Scenario: If gold can break and hold above the $2,344 resistance, it could move towards the $2,350-$2,360 range.
  2. Bearish Scenario: If the resistance holds and economic optimism strengthens the dollar, gold may retest support levels at 2332 and 2323.

Summary:
Gold is at a critical juncture around $2,344. Mixed economic data provide no clear direction. Watch for a break above $2,344 for bullish confirmation or a drop below 2332 for bearish signals.

  • #33,465
  • May 30, 2024 8:58am May 30, 2024 8:58am
Hy,
@Mak0001 sorry for disturbing you guys. I am new in this area of forex (baby steps), is there any community you have that i would follow, read your posts, meybe ask something from time to time. Hope for respond, would mean me a lot.
Big support
  • #33,466
  • May 30, 2024 9:03am May 30, 2024 9:03am
Quoting hanzohas
{quote} expanding triangle and more down could be a possible scenario {image}
added another short crumb @ 2349.5
ma ma make me happy
  • #33,467
  • May 30, 2024 9:12am May 30, 2024 9:12am
Quoting wiseguy0
Hy, @Mak0001 sorry for disturbing you guys. I am new in this area of forex (baby steps), is there any community you have that i would follow, read your posts, meybe ask something from time to time. Hope for respond, would mean me a lot. Big support
Hey @wiseguy0,

No worries at all, we're all here to learn and support each other! I'm fairly new to trading myself, but I've found a few ways to get better:
Educational Resources: Check out free educational resources like BabyPips, which offers a comprehensive guide for beginners.
Practice: Use demo accounts to practice trading strategies without risking real money.
Stay Updated: Follow economic calendars and market news to stay informed about key events affecting the forex market.
Learn Technical Analysis: Understanding charts and indicators can help you make better trading decisions. (Learn liquidity...)

Feel free to reach out here anytime
  • #33,468
  • May 30, 2024 9:33am May 30, 2024 9:33am
Quoting SkullCandy
Shorted, Still would like to see lows of asia. Will leave this one and will go for a run,cant catch trading vibe today . Happens from time to time. Trade safe {image}
Q on this; since i have the feeling that Asia low is already taken. Are you looking for those asia highs/lows to be taken in NY session specifically?

btw, sorry for the LTF chart, it was only for showing the range.
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  • #33,469
  • May 30, 2024 9:49am May 30, 2024 9:49am
On the 1h timeframe some sellers have started entering using the inverted FVG and recent bullish change of character
ryoiki tenkai : Blue Juggernaut
  • #33,470
  • May 30, 2024 9:54am May 30, 2024 9:54am
I am waiting for 2357.5 - 2362.5 area for sells.
reason is 4h supply zone.
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  • #33,471
  • May 30, 2024 10:01am May 30, 2024 10:01am
Gold - done for today
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  • #33,472
  • May 30, 2024 10:26am May 30, 2024 10:26am
@Mak0001

Understood. I am in "this" for about 3 months, on my own, watching ytube videos, reading candle patterens and so on. Yesterday and today i lost about 2.5k on gold. Dont know if i can mention here(hope wont be suspended). And yea, i think i need some restart, guide, mentor

@DevilRun

Nice.congrats. What brings your mind that you set that positions.

Guys sorry for my non prof. english, greetings from Slovenia / Doncic country.
  • #33,473
  • May 30, 2024 10:37am May 30, 2024 10:37am
Quoting wiseguy0
@Mak0001 Understood. I am in "this" for about 3 months, on my own, watching ytube videos, reading candle patterens and so on. Yesterday and today i lost about 2.5k on gold. Dont know if i can mention here(hope wont be suspended). And yea, i think i need some restart, guide, mentor @DevilRun Nice.congrats. What brings your mind that you set that positions. Guys sorry for my non prof. english, greetings from Slovenia / Doncic country.
Although its good to take risks, you should not take such risks blindly as you could loose much more. It is good that you are aware enough to realize that you need a restart. Definitely i do recommend keep watching those videos, taking notes, reading/understanding patterns. As well as keeping up to date with news.
I'd also recommend practicing on demo account too.

Patience/understand is Key, as well as consistency. Don't take this as a loss, take it as a lesson.

good luck to you friend!
  • #33,474
  • May 30, 2024 10:43am May 30, 2024 10:43am
Quoting Mak0001
{quote} Although its good to take risks, you should not take such risks blindly as you could loose much more. It is good that you are aware enough to realize that you need a restart. Definitely i do recommend keep watching those videos, taking notes, reading/understanding patterns. As well as keeping up to date with news. I'd also recommend practicing on demo account too. Patience/understand is Key, as well as consistency. Don't take this as a loss, take it as a lesson. good luck to you friend!

Thanks. It's hard if you just watch eth., you can watch and wont see nothing, that's why exist mentorships. but yea. Anyone using signals or you guys trading every trade on your own? If here is any signal room, let me know
  • #33,475
  • May 30, 2024 11:04am May 30, 2024 11:04am
Quoting wiseguy0
{quote} Thanks. It's hard if you just watch eth., you can watch and wont see nothing, that's why exist mentorships. but yea. Anyone using signals or you guys trading every trade on your own? If here is any signal room, let me know
Brother, if I can, I want to suggest that it's better to stay away from signal rooms if they provide signals without any analysis. It's my personal opinion though because if you are taking signals without any analysis maybe you earn some money but eventually you will lose it all and you will never learn to trade, at least you should also know why they are selling or buying and why that's the TP and SL.

Also, I want to suggest that you should initially choose your edge i.e. only one strategy, backtest it, and practice on only that strategy for a month. If you are watching every YouTuber, everyone has a different edge.
  • #33,476
  • May 30, 2024 11:36am May 30, 2024 11:36am
Gold going to reach 2380-90
SURFER
  • #33,477
  • May 30, 2024 11:41am May 30, 2024 11:41am
XAUUSD 1 MN bulding a Double Top
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  • #33,478
  • May 30, 2024 11:59am May 30, 2024 11:59am
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May the bears find closure
  • #33,479
  • May 30, 2024 12:06pm May 30, 2024 12:06pm
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  • #33,480
  • May 30, 2024 12:29pm May 30, 2024 12:29pm
closed and reversed position
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