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Gold

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  • Post #4,301
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  • Nov 23, 2022 8:50am Nov 23, 2022 8:50am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
What do you think about buying gold at the price of 1732?
 
1
  • Post #4,302
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  • Nov 23, 2022 8:52am Nov 23, 2022 8:52am
  •  aahmad29
  • Joined Aug 2012 | Status: Love for all; Hatred for none | 2,181 Posts
Quoting aahmad29
Disliked
Daily Timeframe We need to see that last resistance at 1728 is going to turn into support or bears have full control and price drop to 1695 and then next target is 1630. {image}
Ignored
As I mentioned that 1728 may turn into support but it is too early to say. I think price will try to break that support again. Closed short position 1738-1728.
Today daily bullish candle with spike can trigger bullish move to test 1800
Love for all; Hatred for none.
 
 
  • Post #4,303
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  • Nov 23, 2022 8:52am Nov 23, 2022 8:52am
  •  breakoutpips
  • | Joined Sep 2017 | Status: Mancing... | 44 Posts
Quoting sboy.s63
Disliked
What do you think about buying gold at the price of 1732?
Ignored
after FOMC it will go 1800
“Do not lose hope, nor be sad.”
 
1
  • Post #4,304
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  • Nov 23, 2022 8:58am Nov 23, 2022 8:58am
  •  Ravenfeeder
  • | Joined Sep 2021 | Status: Member | 92 Posts | Online Now
Quoting breakoutpips
Disliked
{quote} after FOMC it will go 1800
Ignored
Love the confidence, so FOMC will most likely cause major USD sell-off? Which tends to happen during FOMC meetings?
 
 
  • Post #4,305
  • Quote
  • Nov 23, 2022 9:03am Nov 23, 2022 9:03am
  •  staw
  • | Joined Nov 2009 | Status: Member | 31 Posts
What is this??

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  • Post #4,306
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  • Nov 23, 2022 9:05am Nov 23, 2022 9:05am
  •  OragonFx
  • Joined Sep 2022 | Status: Confused | 106 Posts
Quoting staw
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What is this?? {image}
Ignored
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No pen no gen
 
 
  • Post #4,307
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  • Nov 23, 2022 9:08am Nov 23, 2022 9:08am
  •  staw
  • | Joined Nov 2009 | Status: Member | 31 Posts
Quoting OragonFx
Disliked
{quote} {image}
Ignored
Yeah, but that mother of all spikes...
 
 
  • Post #4,308
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  • Nov 23, 2022 9:57am Nov 23, 2022 9:57am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
Quoting sboy.s63
Disliked
What do you think about buying gold at the price of 1732?
Ignored
Buying gold in 1732 was very good, it increased by 17 dollars
 
 
  • Post #4,309
  • Quote
  • Nov 23, 2022 9:59am Nov 23, 2022 9:59am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
I think that gold will not go above 1747 and this range is suitable for a sell position
 
 
  • Post #4,310
  • Quote
  • Nov 23, 2022 10:08am Nov 23, 2022 10:08am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
Quoting sboy.s63
Disliked
I think that gold will not go above 1747 and this range is suitable for a sell position
Ignored
I consider the most important resistance for gold in these two or three days to be 1750
 
 
  • Post #4,311
  • Quote
  • Nov 23, 2022 10:09am Nov 23, 2022 10:09am
  •  aahmad29
  • Joined Aug 2012 | Status: Love for all; Hatred for none | 2,181 Posts
Closed long position 1736-1742
Love for all; Hatred for none.
 
1
  • Post #4,312
  • Quote
  • Nov 23, 2022 10:21am Nov 23, 2022 10:21am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
Quoting aahmad29
Disliked
Closed long position 1736-1742
Ignored
At what price do you want to take the next position?
 
 
  • Post #4,313
  • Quote
  • Nov 23, 2022 10:30am Nov 23, 2022 10:30am
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
What do you think friends? Do you think gold can go above 1750?
I am waiting to see which one will be touched first, 1702 or 1750
 
 
  • Post #4,314
  • Quote
  • Nov 23, 2022 10:38am Nov 23, 2022 10:38am
  •  Sctb0825
  • | Joined Dec 2017 | Status: Member | 9 Posts | Online Now
There is more resistance around the 1745 to 1747, I would look at that for a sell zone
The Wind Guy
 
1
  • Post #4,315
  • Quote
  • Nov 23, 2022 11:34am Nov 23, 2022 11:34am
  •  aahmad29
  • Joined Aug 2012 | Status: Love for all; Hatred for none | 2,181 Posts
Quoting sboy.s63
Disliked
{quote} At what price do you want to take the next position?
Ignored
Short position at 1750 but i will keep an eye on it if PA does not look good then will remove my pending order. Long from 1728-1734 with TP 1742. But still i will see how price play at those level. Those are scalping positions. I will remove all positions before FOMC because they are gonna be more hawkish.
For FOMC i have Sell Stop at 1726 with target of 1712
Love for all; Hatred for none.
 
1
  • Post #4,316
  • Quote
  • Nov 23, 2022 12:30pm Nov 23, 2022 12:30pm
  •  kourosh1347
  • Joined Nov 2009 | Status: Member | 365 Posts
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  • Post #4,317
  • Quote
  • Nov 23, 2022 2:08pm Nov 23, 2022 2:08pm
  •  selym_co
  • Joined Aug 2011 | Status: All the world is a stage... | 853 Posts
Quoting selym_co
Disliked
I guess the bears are not so willing to drive the price towards deeper levels. The fact that the price already touched the Trendline 3 times but failed to move further is a symptom that bulls have the potential to break the trendline and move towards the Daily Rang, which is around 1759s. Personally, for now, I am just monitoring the candles and waiting for a good opportunity. Best Regards {image}
Ignored
For today, Daily Range (1752ish) is completed. I do not think GOLD is gonna do more for today.

Best Regards

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Imagination rules the world ...
 
1
  • Post #4,318
  • Quote
  • Nov 23, 2022 2:20pm Nov 23, 2022 2:20pm
  •  ForexGoose
  • Joined Dec 2021 | Status: hungry for pizza & burgers | 2,229 Posts | Online Now
if it is not a trap for bulls after the FOMC minutes, I will buy it
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don't believe in mumbo jumbo from gurus & charlatans
 
1
  • Post #4,319
  • Quote
  • Nov 23, 2022 2:43pm Nov 23, 2022 2:43pm
  •  sboy.s63
  • | Joined Nov 2021 | Status: Member | 318 Posts
Quoting selym_co
Disliked
{quote} For today, Daily Range (1752ish) is completed. I do not think GOLD is gonna do more for today. Best Regards {image}
Ignored
Very good, please continue and give more comments
 
1
  • Post #4,320
  • Quote
  • Nov 24, 2022 1:50am Nov 24, 2022 1:50am
  •  solomonc
  • | Joined Oct 2022 | Status: Member | 15 Posts
How much confidence do you have in this bull or is bear positioning for an attack?
 
 
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