Gold with No Drama

Looks like EU / GU will move past the resistance very soon, that momentum might push gold through this barrier as well.

Waiting for decent pullback before doing anything. Until then:

Here we go again.. Till Ny... most likely not to far...5062.925

5076 is the start of median daily high zone till 5091...

5079 is 50% of yesterday Ny break... Tp for that is 5106, don't ask me if we go there, since they broke is where i see the probabilities. We can go straight or with a tap in london pivot or not even go there. I am only share probabilities.


EDIT: And 5105.123 monthly resistance, the one still untaped in the range...

without confirmation it could be risky. I’d prefer a clean breakout and retest before committing.

i think we need to touch 4988 before getting above 5100, i think if it goes up maybe be a fake breakout. just a thought.
current price 5083

Targets hit

I told you

It has been quite some time that London doesn't extend Asian range ...and today we have one

How did you get this?

That's great news.
Which means we expect some 51.. on gold today.

Merre tovább?! Ma és péntek meglesz a válasz.

and off we go
breakout closure confirmed :") no sell now

Gold finally started moving... and thats when VantageMarkets decided to cr*p out and freeze the charts and accounts in TradingView. Nothing happens, trading on the phone with the native app of VantageMarkets just sucks.. so now we wait... and see what happens...

I use ichimoku predictively. It signals that price is going on the bull side. Now, fib says 61.8% (5140) will hit. In fact, i think it should splash that and head for 76.8% (5340).

5254 today

Doesn't it look like a liquidity sweep and rejection? Or is it too early to tell? Sorry I'm new to this.

About yesterday’s long…
After my SL was hit, I stepped back and let the market complete the full move so I could judge the setup properly. Once the move finished, everything became clear.

1) The pattern was valid, but one detail broke it
My entry was based on a London Close pattern with two conditions:
• A clear 1–5 minute signal
• Waiting for the 30‑minute candle to close
Historically, after the first signal, London always creates some form of manipulation before the real move. Waiting for the 30‑minute close kept the 18k TP consistent.
Yesterday the 30‑minute candle closed clean with zero manipulation. London did nothing and left the entire move for New York. That is what broke the setup.

2) New rule added
To avoid this scenario again:
• If the 30‑minute close is more than 4.5k points away from the ideal 1–5 minute entry, TP becomes 9k
• If it is less than 4.5k, TP stays 18k

3) My mistake: SL management
I did not have a plan for managing the SL after price passed a certain level. I should have moved it to break-even or adjusted it. This is now added to the system.

Conclusion
It was not a bad trade. It was a missing rule and a missing SL plan. Both are now fixed.

because they know something is very bad

changed my target to 5135