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  • #6,501
  • Jul 28, 1:52am (3 hr ago) Jul 28, 1:52am (3 hr ago)
Quoting Wajidjamal
{quote} Good morning


good morning
  • #6,502
  • Jul 28, 2:25am (3 hr ago) Jul 28, 2:25am (3 hr ago)
Quoting canyouu
{quote} good morning
Did you guys close yesterdays sell trade or holding?
  • #6,503
  • Jul 28, 2:41am (2 hr 54 min ago) Jul 28, 2:41am (2 hr 54 min ago)
Gold(XAUUSD) outlook and plan for the day.

After retesting strong resistance of 4116 price declined all the way till 4034, currently bouncing form the confluence of support-2 & rising trendline, we are expecting a healthy pull back or corrective rally for the downswing that we saw yesterday, till it retests declining trendline. rising trendline which is intact since 17th July is also getting threatened.

Immediate support is at 4034, below that 4021, if these are taken out then we might see some really deep corrections, immediate resistance is at ~4086, price is expected to get rejected form the higher levels.

we'll be looking for shorting opportunities after the pullback at strong resistance or breakout trades below 4034 would be the ideal setup for today.

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

Regards CrazyTrades247.
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  • #6,504
  • Jul 28, 4:37am (58 min ago) Jul 28, 4:37am (58 min ago)
Quoting Sharoonrl
{quote} Did you guys close yesterdays sell trade or holding?


We are holding because there was no reason to close
  • #6,505
  • Jul 28, 4:40am (55 min ago) Jul 28, 4:40am (55 min ago)
Quoting canyouu
{quote} We are holding because there was no reason to close
What tp are we targetting?
  • #6,506
  • Jul 28, 4:42am (53 min ago) Jul 28, 4:42am (53 min ago)
Quoting Luck0828
{quote} Almost same ENTRY and S.L
My breakeven @4051 and T.P @4022, Hope it won't reverse
  • #6,507
  • Jul 28, 4:42am (53 min ago) Jul 28, 4:42am (53 min ago)
Quoting canyouu
{quote} don't rush to close this trade because the purpose is not to fill the gap but sell since market is still very bearish {image} don't rush to close this trade because the purpose is not to fill the gap but sell since market is still very bearish
Finally a break
4022 doesn’t seem far off now.
where are we seeing tp for this one brother. 4022 or 4k.
As I feel it might bounce around 4k until tomorrow for deeper downfall. ( Just my thought for tomorrow Fomc for gold )
  • #6,508
  • Jul 28, 4:48am (47 min ago) Jul 28, 4:48am (47 min ago)
  •  T721
  • Joined Oct 2020 | Status: couldn't give a flying duck | 7,596 Posts | Online Now
Quoting T721
{quote} Gold Update.... still waiting on thisbitch to drop. taking its bloody time. Who knows, maybe this old bugger is wrong ! {image}
Gold Update...... still not seeing any reason to get out yet. Can it turn up ? course it can, it can do anything it likes and i could be wrong but not seeing a reason to get bullish yet
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  • #6,509
  • Jul 28, 4:51am (44 min ago) Jul 28, 4:51am (44 min ago)
Quoting canyouu
{quote} We are holding because there was no reason to close
what trailing sl do u suggest incase of anything trump my decided to say anything
  • #6,510
  • Jul 28, 4:51am (44 min ago) Jul 28, 4:51am (44 min ago)
Quoting canyouu
{quote} don't rush to close this trade because the purpose is not to fill the gap but sell since market is still very bearish {image} don't rush to close this trade because the purpose is not to fill the gap but sell since market is still very bearish

I updated here but others decided to close and it's normal, but there was no reason to close.
  • #6,511
  • Jul 28, 4:54am (41 min ago) Jul 28, 4:54am (41 min ago)
Quoting canyouu
{quote} I updated here but others decided to close and it's normal, but there was no reason to close.
Still Holding. Expecting 4000 or even below. Is it possible?
  • #6,512
  • Jul 28, 4:57am (38 min ago) Jul 28, 4:57am (38 min ago)
Quoting Amrb77
{quote} Finally a break 4022 doesn’t seem far off now. where are we seeing tp for this one brother. 4022 or 4k. As I feel it might bounce around 4k until tomorrow for deeper downfall. ( Just my thought for tomorrow Fomc for gold )

market invalidated the possible buy around 4040 but 4025-20 is also a buy zone but I will advise you to hold still because no buy confirmation on any time frame not even m15
  • #6,513
  • Jul 28, 5:02am (33 min ago) Jul 28, 5:02am (33 min ago)
Buy 4021 @Sl 4003-
  • #6,514
  • Jul 28, 5:22am (13 min ago) Jul 28, 5:22am (13 min ago)
Quoting mloistianto
I am buying again @ 4048 SL @ 4030 Cheers

you didn't take the sell yesterday and decided to buy today too, i advised you about yesterday buy but you said risk was small and it sold, but you close with a small loss and today you bought and it went against you ,
just yesterday dawn you said we needed to get a good trade because market was doing up and down and we were having small wins or break even and I said very soon but you didn't take this trade,
it's good to trade your style but you know i will not post any buy sell anyhow so don't listen to all the things others say about copying and all kind of words.
You should be the first to win with me before others but still don't worry this is not the beginning and it's not the last , better years ahead of us.
  • #6,515
  • Last Post: Jul 28, 5:27am (7 min ago) Jul 28, 5:27am (7 min ago)
Quoting canyouu
{quote} market invalidated the possible buy around 4040 but 4025-20 is also a buy zone but I will advise you to hold still because no buy confirmation on any time frame not even m15


Still there is no reason to close sell so if you are in it congratulations
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Still there is no reason to close sell so if you are in it congratulations
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