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No attacks just gold trades/analysis

  • #6,401
  • Jul 27, 2:28am (14 hr ago) Jul 27, 2:28am (14 hr ago)
Gold(XAUUSD) outlook and plan for the day

Gold Gapped up after weekends and has continued it's up-move, up-holding the bullish trendline strongly, expected to continue. 4110 is an important resistance level and 0.618 fib retracement level of the previous downswing, it might prevent gold form going further up. immediate support is at 2080.

If 4110 is taken out then we might see a breakout and following to which price may retest its 4170 level. where as if price breaks below 4080 then a big decline could be expected.

Outlook remain in bullish to sideways direction, I would prefer taking breakout long trades after confirmation .

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.
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  • #6,402
  • Edited 2:43am Jul 27, 2:31am (14 hr ago) | Edited 2:43am
Quoting canyouu
{quote} Activated and this is a good trade to take{image} Activated and this is a good trade to take


From Monday to Friday every day is a trading day, you can wait Monday and Tuesday and still lose Wednesday and Thursday and that is trading, but if you have a plan not to trade on Monday then stick with your plan,
but if you trade any day of the week then follow your plan and don't stop because someone said so else you will miss a certain good trade on Monday and lose a trade either Tuesday or Wednesday so be aware of that.
  • #6,403
  • Jul 27, 2:53am (14 hr ago) Jul 27, 2:53am (14 hr ago)
[quote=canyouu;15824351]{quote} From Monday to Friday every day is a trading day, you can wait Monday and Tuesday and still lose Wednesday and Thursday and that is trading, but if you have a plan not to trade on Monday then stick with your plan, but if you trade any day of the week then follow your plan and don't stop because someone said so else you will miss a certain good trade on Monday and lose a trade either Tuesday or Wednesday so be aware of that.[/quo
Closed 4096 trade which I have entered earlier and I am holding the sell which I have entered at 4104 with SL 4117
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  • #6,404
  • Jul 27, 2:58am (14 hr ago) Jul 27, 2:58am (14 hr ago)
today will be a happy day for us
  • #6,405
  • Jul 27, 3:03am (14 hr ago) Jul 27, 3:03am (14 hr ago)
Quoting allseeing
coming into london....buys at greens....sells at red....we don't predict we react {image}
As expected
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  • #6,406
  • Jul 27, 3:49am (13 hr ago) Jul 27, 3:49am (13 hr ago)
Quoting canyouu
today will be a happy day for us
We need to break below 4088. The bulls are still in control.
  • #6,407
  • Jul 27, 3:56am (13 hr ago) Jul 27, 3:56am (13 hr ago)
Quoting canyouu
{quote} Did proper test and it's still good to enter sell, anything is possible though {image} Did proper test and it's still good to enter sell, anything is possible though
Hello Brother, if price comes back to entry can we still enter
  • #6,408
  • Jul 27, 4:09am (12 hr ago) Jul 27, 4:09am (12 hr ago)
TP?
  • #6,409
  • Jul 27, 4:24am (12 hr ago) Jul 27, 4:24am (12 hr ago)
Quoting Chocolet
{quote} Hello Brother, if price comes back to entry can we still enter


i wasn't around to answer you but sometimes enter without asking as long as there is a reasonable sl and in most cases i update you to close or stay out if it becomes necessary
  • #6,410
  • Jul 27, 4:53am (12 hr ago) Jul 27, 4:53am (12 hr ago)
Quoting SomeProfit
BUY entry 4090 SL 4077 TP 4165
BE
  • #6,411
  • Jul 27, 5:03am (12 hr ago) Jul 27, 5:03am (12 hr ago)
Quoting TraderDXB7
{quote} We need to break below 4088. The bulls are still in control.

if you are waiting for a break before you sell then it should be below 4083-80 and not 4088, as I said it's good to sell however anything is possible
  • #6,412
  • Jul 27, 5:11am (11 hr ago) Jul 27, 5:11am (11 hr ago)
Quoting canyouu
{quote} if you are waiting for a break before you sell then it should be below 4083-80 and not 4088, as I said it's good to sell however anything is possible
Yeah.. I have a sell from 4101.
  • #6,413
  • Jul 27, 5:16am (11 hr ago) Jul 27, 5:16am (11 hr ago)
Quoting Chocolet
{quote} Hello Brother, if price comes back to entry can we still enter


I hope you got an entry
  • #6,414
  • Jul 27, 5:19am (11 hr ago) Jul 27, 5:19am (11 hr ago)
if you are in a buy i guess this is the time to get out
  • #6,415
  • Jul 27, 5:27am (11 hr ago) Jul 27, 5:27am (11 hr ago)
Sell is looking good but tbh I think it wouldn’t be easy a spike in NY can be there to take sellers out and the gap I think can take some time to fill since everyone wants it to be filled today

Rest the markets are supreme
  • #6,416
  • Jul 27, 5:31am (11 hr ago) Jul 27, 5:31am (11 hr ago)
SELL entry 4094 SL 4102 TP open prob 3960 lets see
  • #6,417
  • Jul 27, 5:36am (11 hr ago) Jul 27, 5:36am (11 hr ago)
Quoting someprofit
sell entry 4094 sl 4102 tp open prob 3960 lets see
i think if we can wait for 4119 or 4106 atleast
1million$baby
  • #6,418
  • Jul 27, 5:40am (11 hr ago) Jul 27, 5:40am (11 hr ago)
Quoting canyouu
{quote} A sell at 4098-4103, sl at 4117 and tp at 4040 or hold, market tested a major supply and it's good to sell from this level because market is bearish overall. {image} A sell at 4098-4103, sl at 4117 and tp at 4040 or hold, market tested a major supply and it's good to sell from this level because market is bearish overall.


let bring sl to 4107 to reduce risk because it could go up to clear liquidity before the sell begins but if it's okay for you you can leave it
  • #6,419
  • Jul 27, 5:42am (11 hr ago) Jul 27, 5:42am (11 hr ago)
Quoting SomeProfit
SELL entry 4094 SL 4102 TP open prob 3960 lets see
hey bro why you’re changing your directions so quick i think ik morning you were aiming 4165 and mow extreme 3960, please let me know the thoughts here
  • #6,420
  • Jul 27, 5:48am (11 hr ago) Jul 27, 5:48am (11 hr ago)
Quoting canyouu
{quote} let bring sl to 4107 to reduce risk because it could go up to clear liquidity before the sell begins but if it's okay for you you can leave it

Let close and stay out market is acting like going to clear liquidity up and down before it sells
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Let close and stay out market is acting like going to clear liquidity up and down before it sells
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