Gold Mining - Using Each Trading Day's Trend | Page 155 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

Scalping Gold using WPR 1,019 replies

Which standard Indicators are most related to each other? 2 replies

Gold Mining II - Using Reference Lines 13 replies

An idea for building wealth...using only gold 9 replies

Trading Gold - An End of Day System 27 replies

Attachments: Gold Mining - Using Each Trading Day's Trend
Exit Attachments

Gold Mining - Using Each Trading Day's Trend

  • #3,081
  • Jul 30, 2020 4:33am Jul 30, 2020 4:33am
Quoting Skoljkica
Good morning to all. I'm looking to go long at 1944.90 And I expect for price to reach 1984.56/2002.29 until the end of the day 1955.87 and 1964.73 are resistance areas from which I expect price reversal as a new opportunity to reenter buy, especially if scalping
1944.90 reached. One more push down to 1939.71?
Always expect unexpected.
  • #3,082
  • Jul 30, 2020 7:13am Jul 30, 2020 7:13am
Hello skolj! May you will be good! ADVANCE GDP news of usd is after 14 minutes? What can you say about it !
  • #3,083
  • Jul 30, 2020 7:17am Jul 30, 2020 7:17am
Quoting Itxtaha
Hello skolj! May you will be good! ADVANCE GDP news of usd is after 14 minutes? What can you say about it !
Looking at economic situation in the world, I don't see a reason why usd should be stronger than gold.

So possible spike down and then rise of price.
Always expect unexpected.
  • #3,084
  • Jul 30, 2020 7:27am Jul 30, 2020 7:27am
Quoting Skoljkica
{quote} Looking at economic situation in the world, I don't see a reason why usd should be stronger than gold. So possible spike down and then rise of price.
hi Skoljkica,

do you use any indicators in your chart or just fundamentals?
  • #3,085
  • Jul 30, 2020 7:57am Jul 30, 2020 7:57am
Quoting cyd09
{quote} hi Skoljkica, do you use any indicators in your chart or just fundamentals?
Hi, I use Fibonacci lines
Always expect unexpected.
  • #3,086
  • Jul 30, 2020 10:04am Jul 30, 2020 10:04am
Can It go to fibo line - 61.8% or 1911 skolj
  • #3,087
  • Jul 30, 2020 10:19am Jul 30, 2020 10:19am
Quoting Itxtaha
Can It go to fibo line - 61.8% or 1911 skolj
Of course it can, as it is said many times before...no one knows where price will go...
Now possible down to 1933/1927 if it can't hold 1939
Always expect unexpected.
  • #3,088
  • Jul 30, 2020 10:49am Jul 30, 2020 10:49am
I think 1965 is confirm , it hits according to skolj 1980 will be target !
  • #3,089
  • Jul 30, 2020 4:37pm Jul 30, 2020 4:37pm
Great analysis as always Skol, I'm glad mine was finally on point as well again lol. price couldn't hold 1961 and as a result went to 1948, it couldn't hold that so qent to next level 1939. now we are back at 1957.

my analysis for today is as follows, it mostly remains the same as yesterday as price is still stuck in this little box, but if price can break and hold above 1961.20, I believe we will see 1980, and then depending on this level if it holds then on to 2003.

if price cannot hold 1961.50 again, then i believe we will get deeper pullback to around 1929, 1915 area.
4hr has a nice hns pattern forming, obviously as i stated if 1961.50 is broken upwards this is invalidated
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200730-173454_MetaTrader 4.jpg Size: 1.2 MB
  • #3,090
  • Jul 30, 2020 5:58pm Jul 30, 2020 5:58pm
Gold take a dip yesterday as a result of sell-off due to panic. It happens because of U.S. GDP & Donald Trump's tweet regarding of Nov Election delay. That what I can said when try to analyse the fundamentals and events that affecting Gold Spot
More ups than downs
  • #3,091
  • Jul 31, 2020 3:33am Jul 31, 2020 3:33am
Quoting rayoub
Great analysis as always Skol, I'm glad mine was finally on point as well again lol. price couldn't hold 1961 and as a result went to 1948, it couldn't hold that so qent to next level 1939. now we are back at 1957. my analysis for today is as follows, it mostly remains the same as yesterday as price is still stuck in this little box, but if price can break and hold above 1961.20, I believe we will see 1980, and then depending on this level if it holds then on to 2003. if price cannot hold 1961.50 again, then i believe we will get deeper pullback...
Great analysis!
Always expect unexpected.
  • #3,092
  • Jul 31, 2020 3:46am Jul 31, 2020 3:46am
Good morning to all.
I am already buying Gold at 1975.
1984.56 is first resistance line from where we could have pullback down to 1981.35 or even 1974.57
If price finds 1984.56 as a support, price could go up to 2002.29
I am still lurking for 2048.35. Will wait and see.
Always expect unexpected.
  • #3,093
  • Jul 31, 2020 9:12am Jul 31, 2020 9:12am
Update Gold
It reached 1964.73, to confirm bullish mode price should break 1973.60 and confirm it as a support, otherwise, bullish mode could be invalid.
Always expect unexpected.
  • #3,094
  • Aug 3, 2020 3:03am Aug 3, 2020 3:03am
Hwy Skolj! How are you doing today? What can you analyse about gold ?
  • #3,095
  • Aug 3, 2020 4:35am Aug 3, 2020 4:35am
Good day to all.
It seems price is having difficulties breaking 1973.73/1974.63
Above it, I expect price to reach 1989.39 and 1993.14 as first bigger resistances, then up to 2010.50

Edit:
Price could also fall down to 1969.52/1964.69 if it can't break 1973.73
Always expect unexpected.
  • #3,096
  • Aug 3, 2020 4:36am Aug 3, 2020 4:36am
Quoting Itxtaha
Hwy Skolj! How are you doing today? What can you analyse about gold ?
Hi Itxtaha,
why don't you post your analysis as well?
Always expect unexpected.
  • #3,097
  • Aug 3, 2020 4:58am Aug 3, 2020 4:58am
Why not I will! I just ask about you because you were long time offline!
  • #3,098
  • Aug 3, 2020 7:44am Aug 3, 2020 7:44am
Quoting Skoljkica
Good day to all. It seems price is having difficulties breaking 1973.73/1974.63 Above it, I expect price to reach 1989.39 and 1993.14 as first bigger resistances, then up to 2010.50 Edit: Price could also fall down to 1969.52/1964.69 if it can't break 1973.73
and currently sir is now at 1967 area. I don't know.
The Past mistakes are your guides to provide you directions of the present.
  • #3,099
  • Aug 3, 2020 7:46am Aug 3, 2020 7:46am
Quoting ministry
{quote} and currently sir is now at 1967 area. I don't know.


Just out all my sell positions. Been sneaking around here for sometimes and only this time I try to interact here and gaining some ideas from the professionals here. Thanks
The Past mistakes are your guides to provide you directions of the present.
  • #3,100
  • Aug 3, 2020 7:48am Aug 3, 2020 7:48am
Been eyeing for gold to fall at $1960 area for it is very supportive at 4H. I don't exactly confident about this. Any ideas and tonight the ISM Data release is coming. fingers cross.
The Past mistakes are your guides to provide you directions of the present.
1 trader viewing now