Disliked{quote} Yes Rayoub, I agree... But, am also looking out for a retest of these weekly levels I mentioned on Monday and today... 1706.12 and 1704.05 to sell from there.Ignored
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Gold Mining - Using Each Trading Day's Trend
- #1,701
- Apr 28, 2020 2:10am Apr 28, 2020 2:10am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
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- #1,702
- Edited 3:52am Apr 28, 2020 3:38am | Edited 3:52am
Morning all.
My deciding price is 1703.51; above buy, below sell
So, if bulls can break and retest 1703.51, up to 1716.21. If 1716.21 becomes support, up to 1729.24/1732.74
But, if bears take over, I will wait for a retest of 1703.51 and sell there down to 1689.46 as a first support/1681.19 as a second support.
When my TP is hit, I will wait and see further price action.
My deciding price is 1703.51; above buy, below sell
So, if bulls can break and retest 1703.51, up to 1716.21. If 1716.21 becomes support, up to 1729.24/1732.74
But, if bears take over, I will wait for a retest of 1703.51 and sell there down to 1689.46 as a first support/1681.19 as a second support.
When my TP is hit, I will wait and see further price action.
Always expect unexpected.
- #1,703
- Apr 28, 2020 4:28am Apr 28, 2020 4:28am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Trade idea for Tuesday April 28, 2020. Gravity continues...Levels am watching... A. 1721.03, 1719.24 - Sell limit B. 1716.66, 1714.16 - Sell limit C. 1727.45 - a break and retest from above invalidates gravity and reestablishes antigravity. D. 1706.12, 1704.15 - a break and retest from below establishes gravity... But a break below and back above steadily, reestablishes antigravity. We Stay Alive. {image}
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- #1,704
- Apr 28, 2020 4:31am Apr 28, 2020 4:31am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Morning all. My deciding price is 1703.51; above buy, below sell So, if bulls can break and retest 1703.51, up to 1716.21. If 1716.21 becomes support, up to 1729.24/1732.74 But, if bears take over, I will wait for a retest of 1703.51 and sell there down to 1689.46 as a first support/1681.19 as a second support. {image}{image} When my TP is hit, I will wait and see further price action.
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- #1,706
- Apr 28, 2020 5:48am Apr 28, 2020 5:48am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
Serious 
battle at 1709.43... I Stay Alive... Expecting more gravity from here.
battle at 1709.43... I Stay Alive... Expecting more gravity from here.
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- #1,707
- Apr 28, 2020 6:35am Apr 28, 2020 6:35am
Serious
- #1,708
- Apr 28, 2020 7:41am Apr 28, 2020 7:41am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Hi men u think price how much come down because I mistake and sell on 1696 at two positions.plz helpe me if u know .tnx
We are only making projections, and based on that we put our hard earned money on the line... Let's hope the market revisits that level again and lower.
Until then... Stay Alive.
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- #1,709
- Apr 28, 2020 9:04am Apr 28, 2020 9:04am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Alright, B and D fully activated.... I Stay Alive today.
I came out alive...
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- #1,710
- Apr 28, 2020 9:15am Apr 28, 2020 9:15am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
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- #1,713
- Apr 28, 2020 11:22am Apr 28, 2020 11:22am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Oh man I was not near desktop
I trade with my phone all day...You should learn it too...It's easier that way. But, if its not ouk with you don't do it.
As for me...my phone is all I need for my trade analysis and trade calls.
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- #1,715
- Apr 28, 2020 11:28am Apr 28, 2020 11:28am
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Tnx mate ,u r good man worry aboute us.tnx again
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- #1,716
- Apr 28, 2020 4:42pm Apr 28, 2020 4:42pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
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- #1,718
- Apr 28, 2020 4:49pm Apr 28, 2020 4:49pm
- Joined Dec 2018 | Status: Big Operator | 4,525 Posts
{quote} Great analysis brother!
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Hi All
Great analysis, I Consider a new law for gold trading in my strategy, that I will almost never oppose a double top or the a double bottom.
As well as your chart is completely transparent that what happens next, that, has higher possibility, That's Great Analysis
In my chart the thick golden line is the same rayoub's blue resistant line that pointed by arrows, it's very strong support and if the price cross the top line of the channel then expectantly the price move higher.
15M
In the daily chart if the red trend line crossed the price will possibility meet 1747 but for higher price I thought the market, need some motivation with highly risk at global scale.
1D chart
Trade idea for Wednesday April 29, 2020. Price locked in between D1 levels and W1 levels, hence we expect two scenarios...together with the levels am watching... 1. Antigravity (Double Bottom Chart pattern) A. 1710.90, 1709.51 - A break and retest from above, Buy limit. B. 1716.00, 1713.49 - Reentries after bullish breakout. C. 1706.12, 1704.05 - (Gut trading) Buy limit. 2. Gravity Continues (More Thrust) A. 1706.12, 1704.05 - A break and retest from below, Sell limit. B. 1702.50 - Reentry after thrust. We Stay Alive. {image}
So I agree with your analysis 1709-1710 is definitely a level of interest to pay attention to. a break back below 1703 comfortably I would look for a sell limit at 1710, 1706.50 1704.75. if breaks above 1710 then buy limit at 1710 1714 and potentially 1716 if bulls take it high enough. {image} {image}
In my chart the thick golden line is the same rayoub's blue resistant line that pointed by arrows, it's very strong support and if the price cross the top line of the channel then expectantly the price move higher.
15M
In the daily chart if the red trend line crossed the price will possibility meet 1747 but for higher price I thought the market, need some motivation with highly risk at global scale.
1D chart