Gold Mining - Using Each Trading Day's Trend | Page 158 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #3,141
  • Aug 5, 2020 11:37am Aug 5, 2020 11:37am
Just my thoughts now Ray, not price data, if the pin bar reversal am seeing on the H1 timeframe is confirmed with my other paramters, it may mean that bears are ready to take over from here on.
We wait alive.
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  • #3,142
  • Aug 5, 2020 12:10pm Aug 5, 2020 12:10pm
Quoting rayoub
price almost went back to 2029 area to confirm as support once again, buys at 2040 stopped out.
Ray, your level has been reached o... I bought again at 2031.
That is how we mine gold together brother.
Well done job.
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  • #3,143
  • Aug 5, 2020 12:18pm Aug 5, 2020 12:18pm
absolutely brother. needed your energy to get my game face back on lol. but 2029 gave a great bounce to 2038, will wait for bulls to conquer this level once again before looking towards 2049 again. if bulls cannot break 2038 again, then we may be on our way down to 2020, 2010 . for now tho we stay alive!!
  • #3,144
  • Aug 5, 2020 12:20pm Aug 5, 2020 12:20pm
Quoting BiteFX
Just my thoughts now Ray, not price data, if the pin bar reversal am seeing on the H1 timeframe is confirmed with my other paramters, it may mean that bears are ready to take over from here on. We wait alive.
I agree, r2 and r3 stood at 2053, bears came in quick at that level, but as Skol has said have not had a clean restest of 1988 area. anything is possible so will keep the sls tight for a while
  • #3,145
  • Aug 5, 2020 1:03pm Aug 5, 2020 1:03pm
And lastly for today...
As on the chart, Bears have confirmed that reversal pattern.
So, am selling now alive.
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  • #3,146
  • Aug 5, 2020 1:05pm Aug 5, 2020 1:05pm
Quoting rayoub
absolutely brother. needed your energy to get my game face back on lol. but 2029 gave a great bounce to 2038, will wait for bulls to conquer this level once again before looking towards 2049 again. if bulls cannot break 2038 again, then we may be on our way down to 2020, 2010 . for now tho we stay alive!!
That's right brother, I agree.
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  • #3,147
  • Aug 5, 2020 9:48pm Aug 5, 2020 9:48pm
Trade Idea.
As on the chart... Am selling.

We Stay Alive... No greed, No fear.
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  • #3,148
  • Aug 5, 2020 11:06pm Aug 5, 2020 11:06pm
Now, on a broader perpesctive...Bears might be coming out strong for the next couple of days. Or they might just be short lived.
Either way, we stay alive.
Am riding this short that is yet to happen!
Levels on the chart.
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  • #3,149
  • Aug 6, 2020 12:59am Aug 6, 2020 12:59am
Quoting BiteFX
Trade Idea. As on the chart... Am selling. We Stay Alive... No greed, No fear. {image}
Stop loss hit am out... I wait for another set up.
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  • #3,150
  • Aug 6, 2020 1:47am Aug 6, 2020 1:47am
It's always tricky trying to pick the top of a long trend.
  • #3,151
  • Aug 6, 2020 2:03am Aug 6, 2020 2:03am
Quoting clemmo17
It's always tricky trying to pick the top of a long trend.
Oh yes brother.
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  • #3,152
  • Aug 6, 2020 2:08am Aug 6, 2020 2:08am
Analysis.
2052 - If not cleared by the Bulls, Bears will take them down to 2024. But, if cleared, straight up to 2064.
2024 - If Bears sustains momentum below, a potential down trend may be starting straight to 2012 first.
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  • #3,153
  • Aug 6, 2020 2:29am Aug 6, 2020 2:29am
Quoting BiteFX
Analysis. 2052 - If not cleared by the Bulls, Bears will take them down to 2024. But, if cleared, straight up to 2064. 2024 - If Bears sustains momentum below, a potential down trend may be starting straight to 2012 first.
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  • #3,154
  • Aug 6, 2020 2:37am Aug 6, 2020 2:37am
Good morning to all.

I'm expecting bulls to dominate the market until 2066.68/2079.55 is reached. Before that there is no place for bears. So I'm looking to short there.
I am still aiming for 1982.41, but I will monitor PA. There are major support lines on the way and 2030.00/2027.85 could be tricky.
Always expect unexpected.
  • #3,155
  • Edited 3:25am Aug 6, 2020 3:10am | Edited 3:25am
Quoting Skoljkica
Good morning to all. I'm expecting bulls to dominate the market until 2066.68/2079.55 is reached. Before that there is no place for bears. So I'm looking to short there. I am still aiming for 1982.41, but I will monitor PA. There are major support lines on the way and 2030.00/2027.85 could be tricky.
Well done job Skolj
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  • #3,156
  • Edited 3:25am Aug 6, 2020 3:15am | Edited 3:25am
If this Double Top is to hold, 2024 has to be seen by the Bears.
Otherwise, Skolj has said it all.
Recovered part of my earlier loss.

As on the chart...am watching all Ps, Rs and Ss.
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  • #3,157
  • Aug 6, 2020 6:48am Aug 6, 2020 6:48am
Quoting BiteFX
If this Double Top is to hold, 2024 has to be seen by the Bears. Otherwise, Skolj has said it all. Recovered part of my earlier loss. As on the chart...am watching all Ps, Rs and Ss. {image}
Invalidated, I ride with the bulls to 2064.
I Stay Alive.
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  • #3,158
  • Aug 6, 2020 7:32am Aug 6, 2020 7:32am
Quoting BiteFX
{quote} Invalidated, I ride with the bulls to 2064. I Stay Alive. {image}
Take Profit hit at 2064... Sote
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  • #3,159
  • Aug 6, 2020 4:34pm Aug 6, 2020 4:34pm
Trade Idea For Friday August 7th, 2020.
As on the chart, market has not given a bearish reversal pattern, therefore, it is still bullish.
Albeit, anything is possible, this is forex.

Levels am watching...
P. 2069.40 - Breaks above and retest, Buy upto R. 2084.40 first.
P. 2057.60 - Breaks below and retest, Sell downto S. 2042.57 first.

Pro Tip: Everyone has a game plan. Not having one, is a plan on its own. However, the one you have should be as flexible as the market(Razor-Sharp Flexibility)

We Stay Alive
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  • #3,160
  • Aug 6, 2020 5:50pm Aug 6, 2020 5:50pm
Quoting BiteFX
Trade Idea For Friday August 7th, 2020. As on the chart, market has not given a bearish reversal pattern, therefore, it is still bullish. Albeit, anything is possible, this is forex. Levels am watching... P. 2069.40 - Breaks above and retest, Buy upto R. 2084.40 first. P. 2057.60 - Breaks below and retest, Sell downto S. 2042.57 first. Pro Tip: Everyone has a game plan. Not having one, is a plan on its own. However, the one you have should be as flexible as the market(Razor-Sharp Flexibility) We Stay Alive ...
Well done Gold !
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