4 + 1 (Metals) strategy

Quoting Jp1

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{quote} i think u need to email that twee / support and give them ur broker details and then they will try and add them for u

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Quoting peyman

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Bullish flag was broken on h1 price comes to touch near the flag and may jumps up again If price pass 1485-86 bullish cup and handle activate USA news comes next couples of hours and may risk aversion push gold up these are my personal view for buying here SL 1477.5 {image}

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Quoting MzansiObi

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Update, London Bought as such we look to continue buying dips .... with caution as the H1 zone is still not clearly defined.... H4 sellers still in play but may need to exercise patience as the 1485, (first upside level + neckline of Head n Shoulder pattern) is acting as resistance... Outlook remains to buy dips towards some of our upside levels and take profits or atleast lock some in up until the H1 defines what its doing as it is more near term. Green Pips

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Quoting Junibifon

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Sell 1485 SL 1502 Tp open

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Quoting LouiseZA

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{quote} Luckily after your comment, I revisited the H1 chart and decided to cancel my order! Will wait for NY now. On H1 the LW MA5, still pointing north!

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Quoting Marcusv007

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{quote} May want to short this one cautiously theres a buy breakout on H1, RSI is crossing the 50 line on H4, it has crossed on all lower TF's..... all this is usually an indication of trend shift. On the Daily the RSI is also about to cross to go long. Plus: Theres is the ADP- Non-Farm Employment event in 7mins. I tend to close trades before red news or atleast wait to open post the news event. I may be wrong, but food for thought.

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Quoting MzansiObi

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{quote} Lol, glad you did Louise.....But these attempted pokes higher will cause some spikes etc, so position wisely, H4 Sell Zone isnt giving up without a fight want to... I know there is still alot of time to go, but a daily close above 1485 puts bulls in the driving seat, so this handle will cause some major volatility.... Tread carefully.... {quote} Agreed....Short term signals are still pointing up....have a look at the weekly levels and see how price is still trying to have at them one at a go....

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Quoting MzansiObi

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2 October 2019 Price managed to retest that neckline area handle. The handle was formally Daily support and the daily close below it has made it interim resistance. Given the daily close below this handle, Still maintaining a bearish outlook to retest the lows again. will exercise patience... Price currently in the H4 sell zone , the first challenge for sellers will be to get below the m15 200 ema... Will update the H1 and H4 Zones later on...... Intra day Levels Upside 1518.54 1502.87 1497.24 1490.38 1485.47 Downside 1474.71 1462.22 1457.31 1446.55...

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Quoting mylife

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Sell 1494 , 1497 Sl 1501

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Quoting chasinpips

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wow 2 months to form H&S and 1 day to break neckline....gold bears are useless. Closed my short from 1492 at BE... to think that yesterday that trade was running in over 1k profit ffs. Looking to short again around 1496 handle

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Quoting MzansiObi

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{quote} Dont let emotions get in the way bud...... The daily close will give more clarity.... Remain patient bud.... Trade safe

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Quoting MzansiObi

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{quote} Dont let emotions get in the way bud...... The daily close will give more clarity.... Remain patient bud.... Trade safe

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Quoting chasinpips

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{quote} Do you mostly rely on the daily close to confirm support/resistances, even if there are wicks above on the H4/H1?

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Quoting InfinityPip

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Oh man the train has left me {image}

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