Gold with No Drama

Quoting aymansalah

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gold bounced off 4094 the 5M 100 MA which coincided with the 38.1% retracement of the 4056-4117 move {image}

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Quoting alx-fxd

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Gold is ready to launch 4180 is tp!!

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Quoting Zebi

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{quote} i havent gotten a sell signal except on 15 min chart but im waiting for hourly signal and price might squirt up another 10-15 dollars to 4100 so dont get impatient and shorting too early or use a wider sl

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Quoting Zebi

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{quote} price did squirt up like a squeezed pimple now that im up ill wait for hourly sell signals to short it

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Quoting avneroi

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Not entering either sell or buy till something happens.

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Quoting avneroi

Disliked

Not entering either sell or buy till something happens.

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Quoting Zebi

Disliked

{quote} Markets spend about 70% to 80% of their time moving sideways or consolidating in a balanced range, while true directional "trend days" occur only 20% to 30% of the time. However, the frequency of these trends depends heavily on your timeframe and trading style if youre a trend trader than stop immediately LOL...90% of the 90% of trading losers are trend traders and thats the hardest way to make money and prolly why people complain they get stopped out all the time so its best to be a reversal trader since price mainly moves sideways a good...

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