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  • #48,741
  • Oct 24, 2024 10:22pm Oct 24, 2024 10:22pm
Quoting michiyo
{quote} about to close above. Buying to 2758
will exit long if it closes under 4hr 10 MA.
  • #48,742
  • Oct 24, 2024 10:26pm Oct 24, 2024 10:26pm
Quoting richroy
{quote} I don't understand it
what u dont understand, check gold price in your chart then check here in table at intraday level , if current price of gold near support level as per table then u try to buy or if near resistance level then you sell ...

these r support and resistance level nothing else
  • #48,743
  • Oct 24, 2024 10:26pm Oct 24, 2024 10:26pm
Quoting aaa
{quote} will exit long if it she beats me with a broomstick.
enjoying scalping gold,
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  • #48,744
  • Oct 24, 2024 10:38pm Oct 24, 2024 10:38pm
Quoting Catempire
{quote} I hear ya. but… there’s been head and shoulder patterns all the way up, it’s only a decent pattern after the event (third peak is also higher than the first which could be argued against the pattern - interest was stronger now than it was before). 2760 hasn’t broken all week just like 2450 / 2540 wasn’t broken all week weeks / months ago (that one means absolutely FA) there’s been no dump & I’m not saying it wont - 2692 looks like a fairly likely spot to stop if it does. 2400 is wishful thinking at this point. WHY would gold suddenly get...

All true.
And still 2300 is coming
The power of market participants
  • #48,745
  • Oct 24, 2024 10:53pm Oct 24, 2024 10:53pm
Quoting arulisme
{quote} bắt đầu bay..
The upside from you further strengthens my sell. Thanks bro.
  • #48,746
  • Oct 24, 2024 10:56pm Oct 24, 2024 10:56pm
Quoting Whale
{quote} All true. And still 2300 is coming The power of market participants
In my opinion, this is the stage where BTC temporarily replaces gold =>> Gold will gradually decrease to 2486 and BTC will be above 80,000
  • #48,747
  • Oct 24, 2024 11:20pm Oct 24, 2024 11:20pm
Quoting HalikiqeoVN
{quote} In my opinion, this is the stage where BTC temporarily replaces gold =>> Gold will gradually decrease to 2486 and BTC will be above 80,000
My knowledge about bts is limited.
so I cannot confirm this call.

im mapping multi timeframes quarterly to daily and scalp on the LTF like 4h to 1h, below it is to quick for me and I can’t make a clear decision.
yesterday even 1h was to quick for me to take the right decision and I cut my shorts.

now I’m waiting for weekly to close to take the short, If a very clean move will come today I will jump in, sign is price base below weekly open and previous weekly high at 2722.
in light blue, the level of liquidity ( I mark the FVG, but this is not the reason of liquidity zone only)
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  • #48,748
  • Oct 25, 2024 12:02am Oct 25, 2024 12:02am
Quoting michiyo
{quote} will exit long if it closes under 4hr 10 MA.
Out with 80 pip loss. Trade next week. Positive week though
  • #48,749
  • Oct 25, 2024 12:25am Oct 25, 2024 12:25am
Quoting ElCampeador
{quote} Although we do not visually see that it has reached 2693, it is de facto done. The lows will also occur during the weekend and so on until it will possibly be Tuesday when it turns upward again.
2729 could be today's high with respect to the most recent low, a few minutes back
I am a rocket scientist.
  • #48,750
  • Oct 25, 2024 12:28am Oct 25, 2024 12:28am
2 trades, 2 wins. I'm off to take some photos of Salisbury Cathedral today, so I'm not going to ruin my day and continue.

I spotted a relatively equal low on the 1minute chart followed but new high, and then a drop below the relatively equal low. Bought on the low for 2 320pip targets. TP got hit on the first but I manually closed my second, although it went on to hit the second TP.

It also looks like we could be forming a downward pennant on the hourly chart. Maybe another down move to 2700-ish.
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  • #48,751
  • Oct 25, 2024 12:49am Oct 25, 2024 12:49am
Quoting ElCampeador
{quote} 2729 could be today's high with respect to the most recent low, a few minutes back
The lowest price for today is around 2650 may it happens
I am a rocket scientist.
  • #48,752
  • Oct 25, 2024 12:50am Oct 25, 2024 12:50am
Quoting MrFanciful
2 trades, 2 wins. I'm off to take some photos of Salisbury Cathedral today, so I'm not going to ruin my day and continue. I spotted a relatively equal low on the 1minute chart followed but new high, and then a drop below the relatively equal low. Bought on the low for 2 320pip targets. TP got hit on the first but I manually closed my second, although it went on to hit the second TP. It also looks like we could be forming a downward pennant on the hourly chart. Maybe another down move to 2700-ish. {image} {image}
i am bored now
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  • #48,753
  • Oct 25, 2024 1:06am Oct 25, 2024 1:06am
Quoting PatienceFx
{quote} i am bored now {image}
what’s left to move gold up now? Rate cuts more a less priced not much room left for surprises … only Israel attack on Iran? … if it happens seems won’t be soon given the delay already. Anything else to move this up?
  • #48,754
  • Oct 25, 2024 1:12am Oct 25, 2024 1:12am
Quoting Interesting0
{quote} what’s left to move gold up now? Rate cuts more a less priced not much room left for surprises … only Israel attack on Iran? … if it happens seems won’t be soon given the delay already. Anything else to move this up?
BRICS Nations 52 launched BRICS currency and all trades will be executed in brics currency and usd transactions stopped.

47% ofoil trades is controlled by brics nations
  • #48,755
  • Oct 25, 2024 1:15am Oct 25, 2024 1:15am
Quoting MrFanciful
2 trades, 2 wins. I'm off to take some photos of Salisbury Cathedral today{image} {image}
Reminds me of my UK-years. Just moved to Iwerne Courtney (Shroton) and one of the first things I wanted to do, was to go & see the Salisbury Cathedral. While before, for donkey years I lived a couple of hundred metres down the road of Antwerp Cathedral, which I never visited.
In other news: the earth is flat. Aliens built the pyramids. And god exists
  • #48,756
  • Oct 25, 2024 1:15am Oct 25, 2024 1:15am
summary of the current week using weekly fibonacci [ high and low of previous week ]

the white line is 10 sma [ price above it will be bullish, below it will be bearish ]
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  • #48,757
  • Oct 25, 2024 1:17am Oct 25, 2024 1:17am
Quoting PatienceFx
summary of the current week using weekly fibonacci [ high and low of previous week ] the white line is 10 sma [ price above it will be bullish, below it will be bearish ] {image}
the news in the US session is not strong enough to move gold much
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  • #48,758
  • Oct 25, 2024 1:22am Oct 25, 2024 1:22am
a consolidation in gold prices is much needed

but if US Fed prints more money, gold can easily cross the 3000 mark

keep track of US M0 money supply chart
  • #48,759
  • Oct 25, 2024 1:24am Oct 25, 2024 1:24am
Quoting PatienceFx
{quote} i am bored now {image}
I am having lots of fun buddy
I am a rocket scientist.
  • #48,760
  • Oct 25, 2024 1:26am Oct 25, 2024 1:26am
Quoting ElCampeador
{quote} I am having lots of fun buddy
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enjoy
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