Gold

Quoting aahmad29

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{quote} Now i have open positions for long. Below 1948, i will start to close trades in loss and will start adding short positions. 1981 May close at Loss at 1976 1976 May close at BE 1960 TP 1970 1953 TP 1960 Sell limit @1960

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Quoting pundit78

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Placed Gold buy limit @ 1957 SL - 153 TP - 1973 R:R --- 1:4 {image}

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Quoting profits7

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Forex_trader goes on the street and a very nice young lady ask him: Lady: Dear sir, im making a poll, can i ask you a simple question? fx_trader: Of course you can. Lady: What is your average income? fx_trader: My average income is around 200, 000 $. Lady: Im sorry, i thought your monthly income fx_trader: Im sorry, i thought dayly

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Quoting parveenverma

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{quote}Price hanged in 50% retracement zone. Possible SL hunts till 61.8% or slightly more possible before the start of downward trendy move. 1977 is now resistance and can hold strongly the prices as it hold the price above it as a support before breakout.Trade safe

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Quoting Ravenfeeder

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{quote} Yes, it feels like XAUUSD is currently in limbo. I hope Powell's speech doesn't send it lower, preferably , otherwise we'll have to make more $ going down past 1950...

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Quoting ross.d

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{quote} Correct!! But new/struggling traders really do not know all this stuff. According to them, trading is very complicated, but apparently not! If I know something that can help others, I share it. This forum is full of Gurus (I mean talented/educated traders), but what about those who can't understand even the simpler concepts? Like me, when I started trading I was not able to understand how to identify swing high and low. It took me a year of trading to learn some simple yet powerful concepts. It is easy for new/struggling traders to follow...

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Quoting eatit007

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{quote} SL hit. Waiting to see where it consolidates. Congrats to those who shorted. {image}

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Quoting pundit78

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Placed Gold buy limit @ 1957 SL - 153 TP - 1973 R:R --- 1:4 {image}

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Quoting parveenverma

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{quote} I was expecting at least 61.8% retracement till 1972-1973 area but price return from 50% 1968-1969 area. Now break of 1950-1951 area only a support at 1943 if not hold today's stop can become 1938 or 1930 possibly.I may be wrong.Trade safe Edit: Even there are chances that price can touch 61.8% if that happened than a trendy downward move can be enjoy after this ping pong retracement.

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Quoting parveenverma

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{quote} Ok retracement complete and they have carry their money bags from there.Trade safe

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Quoting jordiHK

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Risky sell at 1975,48. Let's see where it goes... but I think Im right, or not.

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Quoting Inthebox

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{quote} i do not know what you mean. price came down to fill the lowest gap. i think price later will go up to fill the other gaps. {image}

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Quoting ForexGoose

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found support around 1958 earlier and now it might go above 1984 towards 2000+ the catalyst was probably the news about the debt ceiling talks stalling

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Quoting Inthebox

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{quote} price returned to gaps {image}

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Quoting jordiHK

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{quote} Added sell 1982,70. SL 1987. May be wrong...

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