Gold Mining - Using Each Trading Day's Trend | Page 62 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #1,221
  • Apr 8, 2020 12:06am Apr 8, 2020 12:06am
are maintaining their 1650 psych level, they wouldn't allow to go to 1640...expecting antigravity from there soonest.
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  • #1,222
  • Apr 8, 2020 12:12am Apr 8, 2020 12:12am
Quoting BiteFX
are maintaining their 1650 psych level, they wouldn't allow to go to 1640...expecting antigravity from there soonest.
I've got a limit there at 1650.
Learn... Work Hard... Trade Alone
  • #1,223
  • Apr 8, 2020 12:40am Apr 8, 2020 12:40am
Quoting BiteFX
{quote} I've got a limit there at 1650.
Am in... Let's await market judgement.
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  • #1,224
  • Apr 8, 2020 1:08am Apr 8, 2020 1:08am
Chart giving off a bullish flag pattern with 1650 the resistance to be broken...I stay alive.
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  • #1,225
  • Apr 8, 2020 1:11am Apr 8, 2020 1:11am
If can't break 1640, will run away to 1680.
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  • #1,226
  • Apr 8, 2020 1:33am Apr 8, 2020 1:33am
Quoting BiteFX
{quote} I've got a limit there at 1650.
If market says am right... Antigravity is coming!
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  • #1,227
  • Apr 8, 2020 1:48am Apr 8, 2020 1:48am
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  • #1,228
  • Apr 8, 2020 2:10am Apr 8, 2020 2:10am
Antigravity is here!
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  • #1,229
  • Apr 8, 2020 2:11am Apr 8, 2020 2:11am
I guess, If the white and gloden line at above will cross, then expectantly the monster will rise
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  • #1,230
  • Apr 8, 2020 2:48am Apr 8, 2020 2:48am
Morning all

Looking to enter buy around 1647.00/1648.00 with
TP 1667.72
SL around 1644.00

I expect price will find resistance at 1667.70, but after confirmed as a support, then up to 1691.40 (38.2% WR)
Attached Image
Always expect unexpected.
  • #1,231
  • Apr 8, 2020 3:22am Apr 8, 2020 3:22am
and boss battle at 1650...
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  • #1,232
  • Apr 8, 2020 3:27am Apr 8, 2020 3:27am
Quoting Skoljkica
Morning all Looking to enter buy around 1647.00/1648.00 with TP 1667.72 SL around 1644.00 I expect price will find resistance at 1667.70, but after confirmed as a support, then up to 1691.40 (38.2% WR) {image}
Price found support at 1648.00, but I don't think bears are finished, one more push down, maybe even to 1646/1645? Or 1648 again?
Attached Image
Always expect unexpected.
  • #1,233
  • Apr 8, 2020 4:07am Apr 8, 2020 4:07am
Quoting Skoljkica
{quote} Price found support at 1648.00, but I don't think bears are finished, one more push down, maybe even to 1646/1645? Or 1648 again? {image}
It is possible that price will find resistance again at 1653.09 and fall down to 1642.58 to confirm it as a support.
Always expect unexpected.
  • #1,234
  • Apr 8, 2020 4:17am Apr 8, 2020 4:17am
Quoting Skoljkica
{quote} It is possible that price will find resistance again at 1653.09 and fall down to 1642.58 to confirm it as a support.
I've entered short position at 1652.50
TP 1644.00
SL 1656.00
We will see am I going to get out of it alive.
Of course it is possible to close it earlier, depending on price action. I am looking for 1658.00 as a manual TP.
Scalping works good for me.
Attached Image
Always expect unexpected.
  • #1,235
  • Apr 8, 2020 4:36am Apr 8, 2020 4:36am
Quoting Skoljkica
{quote} I've entered short position at 1652.50 TP 1644.00 SL 1656.00 We will see am I going to get out of it alive. Of course it is possible to close it earlier, depending on price action. I am looking for 1658.00 as a manual TP. Scalping works good for me. {image}
As mentioned, scalping works good for me. Exited this one, waiting for new opportunity.
I will wait for price to show me its direction.
Always expect unexpected.
  • #1,236
  • Apr 8, 2020 4:54am Apr 8, 2020 4:54am
Quoting onirbanrocky
{image}
What is your take bro?
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  • #1,237
  • Apr 8, 2020 4:56am Apr 8, 2020 4:56am
Quoting Skoljkica
{quote} As mentioned, scalping works good for me. Exited this one, waiting for new opportunity. I will wait for price to show me its direction.
I believe you man...
Keep piling up the
Learn... Work Hard... Trade Alone
  • #1,238
  • Apr 8, 2020 4:59am Apr 8, 2020 4:59am
Quoting Skoljkica
{quote} I will wait for price to show me its direction.
IF H4 candle opens above 1653.09, bulls are ready to take over the market, if price opens below, bears are still in the lead and will drive the price lower.
Just my observation.
Always expect unexpected.
  • #1,239
  • Apr 8, 2020 5:01am Apr 8, 2020 5:01am
Quoting Skoljkica
{quote} IF H4 candle opens above 1653.09, bulls are ready to take over the market, if price opens below, bears are still in the lead and will drive the price lower. Just my observation.
H4 opened below 1653.09. One more push up towards it.
Attached Image
Always expect unexpected.
  • #1,240
  • Apr 8, 2020 6:09am Apr 8, 2020 6:09am
Quoting Skoljkica
{quote} H4 opened below 1653.09. One more push up towards it. {image}
Price didn't do expected pull back so I stayed out of this trade.
1644.04 is on the way as a support line.

TP1 1653.09
TP2 1667.72
SL around 1640.00

If price continues its fall, then next support is at 1636.73
Always expect unexpected.
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