As soon as I decide to close my longs we see a move up, sometimes I feel like I influence the market haha
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DislikedGood morning everyone. Market structure for gold 7/10/24 I have 3 levels i'm watching today 2640.30 currently has big buying on the futures markets 2635.60 is the 78.6 fib 2626 The bias is still curently long but if the dollar continues to rise, which it should do for the short to medium term, then gold should be capped at 2672.80. If we reach this level i will be looking for shorts based on the dxy. {image} {image}Ignored
Disliked{quote} Currently, I'm still in the buy-side situation. Lots of probabilities waiting. This is my last week's entry and still holding it. Just my personal opinion. Trade safe {image}
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Disliked{quote} 0.01 lot size. i will take another short at 2675 and so on. i think gold is losing top momentum. there could be some liq grab or may be start dump now.Ignored
Disliked{quote} My idea for today. Prices are already bound above. Hopley prices can achieve their target above major resistance (hope so). Till now, prices are upward in discouraging sellers. It also can upward and downward sharply if hits the target point if referring to weekly accumulation/consolidation. Now it depends on the New York Open to concluded the final situation. Waiting for Intraday to do his jobs. If it happens, time to do our jobs till the end. Waiting is the best. Calmly with situations. Just my personal opinion. Trade...
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