Gold Mining - Using Each Trading Day's Trend | Page 141 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #2,801
  • Jul 14, 2020 2:51pm Jul 14, 2020 2:51pm
Quoting obatraid
{quote} You are a true technical analyst
Thanks brother...
Learn... Work Hard... Trade Alone
  • #2,802
  • Jul 15, 2020 1:18am Jul 15, 2020 1:18am
Quoting BiteFX
{quote} Thanks brother...
Same here brother selling 1809, 1st target is 1798, ext to 1788, and if we get lucky see 1775 area .
  • #2,803
  • Jul 15, 2020 3:19am Jul 15, 2020 3:19am
Alright...
1813.40 - the last Resistance from Monday July 13th, 2020.
We expect bears to take over the market from there down to 1806/1805 first, then 1795/1792 levels.

We Stay Alive.
Learn... Work Hard... Trade Alone
  • #2,804
  • Jul 15, 2020 3:26am Jul 15, 2020 3:26am
Quoting BiteFX
Alright... 1813.40 - the last Resistance from Monday July 13th, 2020. We expect bears to take over the market from there down to 1806/1805 first, then 1795/1792 levels. We Stay Alive.
Reached and sold.
I Stay Alive.
Learn... Work Hard... Trade Alone
  • #2,805
  • Jul 15, 2020 3:38am Jul 15, 2020 3:38am
I am watching price at 1807.94, did couple of scalp buys there.

I expect price to fall down to 1810.95 again so I will put my buy orders above it, also it is possible 1807.94 will be reached again.
For me there is no sell if 1807.94 is not broken downwards.
First resistance line (my TP) for long is 1819.40
First support line for short is at 1801.60
Second support line for short is at 1798.67
Always expect unexpected.
  • #2,806
  • Jul 15, 2020 3:45am Jul 15, 2020 3:45am
Quoting Skoljkica
I am watching price at 1807.94, did couple of scalp buys there. I expect price to fall down to 1810.95 again so I will put my buy orders above it, also it is possible 1807.94 will be reached again. For me there is no sell if 1807.94 is not broken downwards. First resistance line (my TP) for long is 1819.40 First support line for short is at 1801.60 Second support line for short is at 1798.67
Well done job Skolj,
Great analysis as always.
Learn... Work Hard... Trade Alone
  • #2,807
  • Jul 15, 2020 4:38am Jul 15, 2020 4:38am
Quoting BiteFX
{quote} Reached and sold. I Stay Alive.
Took profit at 1809...Sote
Learn... Work Hard... Trade Alone
  • #2,808
  • Edited 4:57am Jul 15, 2020 4:39am | Edited 4:57am
Quoting Skoljkica
I expect price to fall down to 1810.95 again so I will put my buy orders above it, also it is possible 1807.94 will be reached again. For me there is no sell if 1807.94 is not broken downwards. First resistance line (my TP) for long is 1819.40 First support line for short is at 1801.60 Second support line for short is at 1798.67
Price reached 1809.02 (my 100% Day Support/Resistance)
I expect it to act as a support so buy orders at 1809.41/1809.74 are activated.
Potential TP 1818.73/1819.40
SL tight, 21 pip
R:R 1:3
Always expect unexpected.
  • #2,809
  • Jul 15, 2020 4:40am Jul 15, 2020 4:40am
Quoting BiteFX
{quote} Took profit at 1809...Sote
Nice catch. Well done!
Always expect unexpected.
  • #2,810
  • Jul 15, 2020 5:27am Jul 15, 2020 5:27am
Quoting Skoljkica
{quote} Price reached 1809.02 (my 100% Day Support/Resistance) I expect it to act as a support so buy orders at 1809.41/1809.74 are activated. Potential TP 1818.73/1819.40 SL tight, 21 pip R:R 1:3
Got kicked out with this one, but I'm in with second one at 1808.
Going for my target if 1807.94 holds.
Always expect unexpected.
  • #2,811
  • Jul 15, 2020 6:06am Jul 15, 2020 6:06am
Quoting BiteFX
Alright... 1813.40 - the last Resistance from Monday July 13th, 2020. We expect bears to take over the market from there down to 1806/1805 first, then 1795/1792 levels. We Stay Alive.
Reached... Let's see some price action here first.
Learn... Work Hard... Trade Alone
  • #2,812
  • Jul 15, 2020 6:08am Jul 15, 2020 6:08am
Looks like bears took over the market.
Pullback up to 1807.94 again for potential sell?
Let's see.
Waiting for market to decide is 1807.94 going to be support or resistance
Always expect unexpected.
  • #2,813
  • Jul 15, 2020 6:37am Jul 15, 2020 6:37am
Quoting Skoljkica
Looks like bears took over the market. Pullback up to 1807.94 again for potential sell? Let's see. Waiting for market to decide is 1807.94 going to be support or resistance
Yeahp Skolj... 1809.33 popped up as a resistance.
This is close to your level too, thats cool.
Learn... Work Hard... Trade Alone
  • #2,814
  • Jul 15, 2020 6:41am Jul 15, 2020 6:41am
Quoting BiteFX
{quote} Yeahp Skolj... 1809.33 popped up as a resistance. This is close to your level too, thats cool.
Also 1809.02 is my 100% Day Support/Resistance.
It could be reached again.
Always expect unexpected.
  • #2,815
  • Jul 15, 2020 7:39am Jul 15, 2020 7:39am
Quoting Skoljkica
Looks like bears took over the market. Pullback up to 1807.94 again for potential sell? Let's see. Waiting for market to decide is 1807.94 going to be support or resistance
Market is playing here to wip-saw traders accounts...We watch alive.
Learn... Work Hard... Trade Alone
  • #2,816
  • Edited 8:08am Jul 15, 2020 7:46am | Edited 8:08am
Price locked inbetween 1807 and 1804...breakout is looming...
We get on board the flight ✈
Learn... Work Hard... Trade Alone
  • #2,817
  • Jul 15, 2020 7:57am Jul 15, 2020 7:57am
I entered sell at 1807. Will see how that is going to work out.
TP for first order 1801.60
Potential TP for second order 1798.67

Can price fall down to 1777.94 if bears continue leading the market?
Always expect unexpected.
  • #2,818
  • Jul 15, 2020 8:09am Jul 15, 2020 8:09am
Quoting BiteFX
Price locked inbetween 1807 and 1804...breakout is looming... We get on board the flight ✈
Broken and retested from above... We ✈ alive.
Learn... Work Hard... Trade Alone
  • #2,819
  • Jul 15, 2020 8:12am Jul 15, 2020 8:12am
Quoting Skoljkica
I entered sell at 1807. Will see how that is going to work out. TP for first order 1801.60 Potential TP for second order 1798.67 Can price fall down to 1777.94 if bears continue leading the market?
Probably.
And if that happens, it will be sote.
Learn... Work Hard... Trade Alone
  • #2,820
  • Jul 15, 2020 8:28am Jul 15, 2020 8:28am
Quoting BiteFX
Alright... 1813.40 - the last Resistance from Monday July 13th, 2020. We expect bears to take over the market from there down to 1806/1805 first, then 1795/1792 levels. We Stay Alive.
great job brother!!
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