Gold Mining - Using Each Trading Day's Trend | Page 35 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #681
  • Mar 19, 2020 7:34am Mar 19, 2020 7:34am
Quoting BiteFX
{quote} 1462.75 is the closest support Bears need to break downwards before going down to those levels mentioned.
Almost there... Gold, just break this guy and give me money...That's all I want right now.
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  • #682
  • Mar 19, 2020 7:45am Mar 19, 2020 7:45am
Stubborn bulls...they wouldn't give up easily...
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  • #683
  • Mar 19, 2020 11:09am Mar 19, 2020 11:09am
Market has been ranging, but its gonna rain heavily
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  • #684
  • Mar 19, 2020 12:13pm Mar 19, 2020 12:13pm
Bulls are stubbornly not allowing the Bears to break today's support.
Let's wait some more...
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200319_180901_689.jpg Size: 76 KB
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  • #685
  • Mar 19, 2020 12:25pm Mar 19, 2020 12:25pm
Quoting BiteFX
Bulls are stubbornly not allowing the Bears to break today's support. Let's wait some more... {image}
Yeah it's been a super boring day. Hopefully we get some movement tomrrow
  • #686
  • Mar 19, 2020 1:28pm Mar 19, 2020 1:28pm
Quoting BiteFX
Bulls are stubbornly not allowing the Bears to break today's support. Let's wait some more... {image}
Gooooooooooooooold! When are you gonna break this support?
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  • #687
  • Mar 19, 2020 1:33pm Mar 19, 2020 1:33pm
Quoting BiteFX
{quote} Gooooooooooooooold! When are you gonna break this support?
Shes trying now, but im hoping for another push up cause im not selling yet. Might have to jump in on the way down
  • #688
  • Mar 19, 2020 5:13pm Mar 19, 2020 5:13pm
Market is now opened by my broker...
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  • #689
  • Mar 19, 2020 5:17pm Mar 19, 2020 5:17pm
Three days low broken.
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  • #690
  • Mar 19, 2020 5:26pm Mar 19, 2020 5:26pm
Gold eyeing 1400 psychological level...
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  • #691
  • Mar 19, 2020 10:07pm Mar 19, 2020 10:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 58 KB
  • #692
  • Mar 19, 2020 11:09pm Mar 19, 2020 11:09pm
Friday March 20, 2020.

Bearish pressure continues as yesterday's low and three days ago low was broken down.

Trend lines are facing downwards, and price is trading below Pivot.

Trade idea....Sell E-1486.80, E-1474.15....
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200319_231212_457.jpg Size: 75 KB
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  • #693
  • Mar 19, 2020 11:19pm Mar 19, 2020 11:19pm
Quoting BiteFX
Friday March 20, 2020. Bearish pressure continues as yesterday's low and three days ago low was broken down. Trend lines are facing downwards, and price is trading below Pivot. Trade idea....Sell E-1486.80, E-1474.15.... {image}
Chart update...
Market at Entry levels below P.

*I had to add E levels to the chart from observation.*
The red E levels below P are for short...
The blue E levels above P are for long above P.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200320_051335_880.jpg Size: 82 KB
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  • #694
  • Mar 20, 2020 1:20am Mar 20, 2020 1:20am
H1 time frame
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  • #695
  • Mar 20, 2020 2:11am Mar 20, 2020 2:11am
Gold currently trading around P... The decisive point for the day...Let's see what happens from there.
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  • #696
  • Mar 20, 2020 2:14am Mar 20, 2020 2:14am
Quoting BiteFX
Gold currently trading around P... The decisive point for the day...Let's see what happens from there.
Around there was 1500 psychological level...Market don't forget prices it has once visited.
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  • #697
  • Mar 20, 2020 2:45am Mar 20, 2020 2:45am
Gold eyeing 1525 psychological level.
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  • #698
  • Mar 20, 2020 2:47am Mar 20, 2020 2:47am
Quoting BiteFX
{quote} Market don't forget prices it has once visited.
Nice quotation
  • #699
  • Mar 20, 2020 2:48am Mar 20, 2020 2:48am
Quoting BiteFX
Gold eyeing 1525 psychological level.
But, am looking at 1520.
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  • #700
  • Mar 22, 2020 6:27pm Mar 22, 2020 6:27pm
Monday March 23, 2020.

Today started with a gap up that broke past the 1500 psychological level but didn't get to 1510 where last week's Friday had a reversal before going down to 1480.

A retest of 1490 before bouncing up to break 1510 first, and then 1520, will show bullish seriousness.

But, a break below 1460 first, and then 1450 will tell the Bears to continue in their thrust down to about 1410.

Bearish trend lines giving a broadening formation shows the market could go anywhere, But, Bullish trend lines facing up is suggesting more to the up side.

Trade idea...Buy 1490 stop loss 1480 take profit where you want.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200323_002344_315.jpg Size: 131 KB
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