Gold Mining - Using Each Trading Day's Trend | Page 37 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #721
  • Mar 23, 2020 7:23am Mar 23, 2020 7:23am
Looks like the precious metal has resumed its safe haven purpose.
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  • #722
  • Mar 23, 2020 7:26am Mar 23, 2020 7:26am
Quoting BiteFX
{quote} If it doesn't pull back to 1510, then, it is running away to 1540...I won't chase you, just come to me.
Talking about this... Chart update.
Am still bullish man!
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200323_132448_899.jpg Size: 146 KB
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  • #723
  • Mar 23, 2020 7:50am Mar 23, 2020 7:50am
If 1520.72 will be support, then up to 1533.85
From that I expect pull back down to 1512.59
Attached Image

If 1520.72 will be resistance, again down to 1512.59, possible to 1506.03
Always expect unexpected.
  • #724
  • Mar 23, 2020 8:06am Mar 23, 2020 8:06am
Quoting BiteFX
{quote} Talking about this... Chart update. Am still bullish man! {image}
Already activated, am up by 70pips...Let's see how this goes today.
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  • #725
  • Mar 23, 2020 8:34am Mar 23, 2020 8:34am
Quoting Skoljkica
If 1520.72 will be resistance, again down to 1512.59, possible to 1506.03
Now let's see will previous post be played
Attached Image
Always expect unexpected.
  • #726
  • Mar 23, 2020 8:55am Mar 23, 2020 8:55am
Almost at 1530...But, let's go to 1540... Last week's gap up will act as a resistance.
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  • #727
  • Mar 23, 2020 9:37am Mar 23, 2020 9:37am
With the current momentum, gold eyeing 1570 psychological level.
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  • #728
  • Mar 23, 2020 9:46am Mar 23, 2020 9:46am
Quoting BiteFX
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...
I've uploaded gold prices template for downloads in post 1, page 1...Should in case you guys want to trade psychological levels.
We Stay Alive.
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  • #729
  • Mar 23, 2020 10:07am Mar 23, 2020 10:07am
1530 broken...we're headed to 1540...I rest my case there today if profit target is hit...otherwise, we stay alive till tomorrow.
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  • #730
  • Mar 23, 2020 10:17am Mar 23, 2020 10:17am
Quoting BiteFX
1530 broken...we're headed to 1540...I rest my case there today if profit target is hit...otherwise, we stay alive till tomorrow.
Alright, profit target reached at 1540...We meet tomorrow again.
Greed level satisfied 600pips in all transactions today...Sote
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  • #731
  • Mar 23, 2020 10:27am Mar 23, 2020 10:27am
Quoting BiteFX
{quote} Alright, profit target reached at 1540...We meet tomorrow again. Greed level satisfied 600pips in all transactions today...Sote
great Job
I`m out with 550 pips
  • #732
  • Mar 23, 2020 10:28am Mar 23, 2020 10:28am
1540 sits last week's gap up, and it is acting as a resistance today...Let's see the drama.
I haven't gone too far, if you pull back well enough, I will sure be waiting for the buy entry.
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  • #733
  • Mar 23, 2020 10:35am Mar 23, 2020 10:35am
Gold eyeing 1550 psychological level.
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  • #734
  • Mar 23, 2020 10:46am Mar 23, 2020 10:46am
Quoting QuantaMath
{quote} great Job I`m out with 550 pips
Well done job man...
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  • #735
  • Mar 23, 2020 10:49am Mar 23, 2020 10:49am
Quoting BiteFX
{quote} Alright, profit target reached at 1540...We meet tomorrow again. Greed level satisfied 600pips in all transactions today...Sote
If am buying, am buying... If am selling, am selling... Let the market judge me.
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  • #736
  • Mar 23, 2020 12:09pm Mar 23, 2020 12:09pm
1550 psychological level reached...What next? May be a bearish pull back.
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  • #737
  • Mar 23, 2020 12:11pm Mar 23, 2020 12:11pm
Quoting BiteFX
1550 psychological level reached...What next? May be a bearish pull back.
Or 1570 psychological level.
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  • #738
  • Mar 23, 2020 1:54pm Mar 23, 2020 1:54pm
1560 acted as resistance, and 1550 is broken downward. Let's see where we can find our support for a long position tomorrow.
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  • #739
  • Mar 23, 2020 9:24pm Mar 23, 2020 9:24pm
Tuesday March 24, 2020.
Bullish momentum continues as the bulls clears last week's high at 1550 and then eyeing 1600 psychological level.

Both Bullish and Bearish trendlines are facing up. A contrarian would by the top until 1600, but a more conservative approach will be to wait for a pull back or sell the 1600 level.
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  • #740
  • Mar 23, 2020 9:29pm Mar 23, 2020 9:29pm
Quoting BiteFX
Tuesday March 24, 2020. Bullish momentum continues as the bulls clears last week's high at 1550 and then eyeing 1600 psychological level. Both Bullish and Bearish trendlines are facing up. A contrarian would by the top until 1600, but a more conservative approach will be to wait for a pull back or sell the 1600 level. {image}
I missed this train... So, am gonna wait for the market at 1600 to initiate a short position.
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