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  • #75,141
  • May 2, 2025 8:17am May 2, 2025 8:17am
Quoting RoelsMajor
{quote} I think the words coming out of your mouth don’t align with your thoughts. No one mentioned 'scalp the news'; what was actually said was not to do anything during red news because we should observe the effects afterward, not just during the news. That’s what’s confusing. Lol. That's more mad than bonkers.
I was agreeing with you, but obviously a language barrier issue.
  • #75,142
  • May 2, 2025 8:19am May 2, 2025 8:19am
Quoting Fadhl
{quote} Nicely done... TP1 hit STP moved to BE. Yesterday was the Monthly close. The monthly candle was bullish with two large wicks; more likely an uncertain typical candle. {image} From daily perspective, Gold has made a new LL. A bounce is expected up to 3260, then resuming down up to 3120/30. {image} Tomorrow, we've NFP data. 1- Good, green and even inline data will be sufficient for the main down movement: Target 3127. 2- Bad data will support the bounce up: target 3260.
Scenario 1 is in play after data came better than expected. Waiting for NY open to jump in the sell side.
  • #75,143
  • May 2, 2025 8:20am May 2, 2025 8:20am
Here is a FVG on 1 Hour time frame. Which can move price upward. Waiting for this candle to close.
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  • #75,144
  • May 2, 2025 8:25am May 2, 2025 8:25am
3277.13 might be possible at this point.
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i know.. but just think about it… think again.
  • #75,145
  • May 2, 2025 8:26am May 2, 2025 8:26am
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We needs to see how market unfolds Another spike 3315/45 down it (Stops must )goes and i will be buyer only around 3045/65
  • #75,146
  • May 2, 2025 8:28am May 2, 2025 8:28am
shorted here i always start with smallest lot to test the waters. Will lock maximum at 3221 as 4h has good divergence for prices to go up.
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  • #75,147
  • May 2, 2025 8:41am May 2, 2025 8:41am
MM manipulation! no time for scalp.
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  • #75,148
  • May 2, 2025 8:50am May 2, 2025 8:50am
Quoting MrGoldie
{quote} Bounce incoming , 3267/83 3218 looks weak to break 3359 WPP{image} Ranging 3252-38
Ranging done?
Perfect rejection near 3267(any liquidity near 3283?)
Target 3130 (today or next week)
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Be prepared for the Global Panic
  • #75,149
  • May 2, 2025 8:51am May 2, 2025 8:51am
Quoting Aphaynes
{quote} US yields have flown up, thats what I think is pushing gold down.
whatever price will bring i'll be happy.
im trying to figure out what it want..

its seems up for me because what Asia and LO did.
So another up move expected to London close.

later i will think what to do.
  • #75,150
  • Edited 9:09am May 2, 2025 8:55am | Edited 9:09am
3244 broken , so can wait further breaks and hold ! Below 3239 play if all ok. Then confirmation 3227 for previous low , say 3205
Anyway a bounce likely over 3239 also
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,151
  • May 2, 2025 9:06am May 2, 2025 9:06am
Might see 3233 even 3225 at the end of the day
  • #75,152
  • Edited 9:30am May 2, 2025 9:13am | Edited 9:30am
I think the current zig-zag price movement will continue until the EMA 50 curve on the M15 timeframe turns concave. Therefore, shorting from 3250 for 300+ pips is more favorable. So Short 3255 or 3250, TP 3225 or 3220, SL 3285 or 3280 (move SL to BE+ after many pips gain).
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Meditation All Time Return: 8.9%
  • #75,153
  • May 2, 2025 9:16am May 2, 2025 9:16am
Quoting Fadhl
{quote} Scenario 1 is in play after data came better than expected. Waiting for NY open to jump in the sell side.
Sell Lmt=3265; STP=3270; TP=3210.
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  • #75,154
  • May 2, 2025 9:23am May 2, 2025 9:23am
super unstable and erratic movements. looking at 3266 atm, load of liquidity towards that area. price in lower TMF's creating equal lows and higher lows atm.
  • #75,155
  • May 2, 2025 9:39am May 2, 2025 9:39am
Quoting Fadhl
{quote} Sell Lmt=3265; STP=3270; TP=3210. {image}
need it to hit before the hour close, with enough time to make a BOS.
  • #75,156
  • May 2, 2025 9:41am May 2, 2025 9:41am
Ok bounce before 3239 may near complete, so watching resistance reaction .take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #75,157
  • May 2, 2025 9:45am May 2, 2025 9:45am
Might take a loss for the day. The sell plan clearly hasn't worked out as none of the big players are playing, just lots of the retail squad burning each others fingers.
  • #75,158
  • May 2, 2025 9:45am May 2, 2025 9:45am
3258.xx (Asian high) reject too many times

3239 is NYO low, if it fall we are back to bearish short term
  • #75,159
  • May 2, 2025 9:46am May 2, 2025 9:46am
Quoting MRProfit21
{quote} need it to hit before the hour close, with enough time to make a BOS.
I think I missed it. 3260 was/is the right entry.
I'm not chasing it. Still have my Sell lmt in place in case it comes back.
  • #75,160
  • May 2, 2025 9:50am May 2, 2025 9:50am
Quoting RoelsMajor
I think the current zig-zag price movement will continue until the EMA 50 curve on the M15 timeframe turns concave. Therefore, shorting from 3250 for 300+ pips is more favorable. So Short 3255 or 3250, TP 3225 or 3220, SL 3285 or 3280 (move SL to BE+ after many pips gain). {image} {image}
The entry should be below the EMA 50, but sometimes we don’t know how far the price will spike upward. It’s indeed better to wait until the EMA curve fully becomes concave. I could be wrong. Ignore the profit counter—this is for learning purposes only.
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