Gold Mining - Using Each Trading Day's Trend

Quoting BiteFX

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Since the today's market opened qith a gap up, I expect the gap to be closed. But with calculation not assumption. Calculation to close the gap... I will be selling 2084.40 down to close the gap if it is not closed before going up to 2084.40. Anyways...I Stay Alive

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Quoting BiteFX

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Chart update Chart giving off a probable Head and Shoulders pattern. With P. 2054.24 as the neckline. If broken downward we see S. 2033.24. That will be a great buying opportunity. While a break above 2077.76 will invalidate the Head and Shoulders pattern. {image}

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Quoting BiteFX

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{quote} Am already in... Put your money where your mouth is. I Stay Alive {image}

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Quoting Skoljkica

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Good morning to all. I am also expecting 2079.55/2084.03 to be reached today where I prepared my sell positions. Target remains the same: 1982.41, but I don't think it will be reached today. Anything is possible. So maybe now down to 2047.26 and then buy to 2079.55

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Quoting BiteFX

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{quote} Am already in... Put your money where your mouth is. I Stay Alive {image}

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Quoting BiteFX

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{quote} Alright, Take Profit reached... Sote Bought at S. 2033.24 we expect some bullish fight for the bears to continue going down. {image}

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Quoting Skoljkica

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{quote} 2047.26 acted as a support Now pullback down to 2055.94/2051.51? It would be nice to reenter buy, with same target.

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Quoting Skoljkica

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{quote} Didn't reenter buy, bullish mode was and still is invalid. I am looking for short positions.

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Quoting BiteFX

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{quote} Alright, Take Profit reached... Sote Bought at S. 2033.24 we expect some bullish fight for the bears to continue going down. {image}

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Quoting BiteFX

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{quote} Still running, looking at 2040.24 as Take Profit. I Stay Alive.

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Quoting BiteFX

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{quote} Gave the market back small of my profit... Am out alive till next week. Stay Alive Guys

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Quoting rayoub

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{quote} in there with you bite!! bought at 2028 when price smashed through 30m 200ema and hit fib support around 2032 , 1st tgt im looking at is 2042, will sit out after that, bears might have just got started, if thats the case don't want to be in the wrong way of them lol

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Quoting BiteFX

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Trade Idea For Monday August 10, 2020. Last week's Head and Shoulders pattern still valid. And as such, on the chart... 1. Sell P. 2040.76 down to S. 2003.24 2. Buy S. 2003.24 or S. 1982.24 up to 2010.24 Pro Tip: The trend is your friend. This is what it means: find a trade set up in the direction of the trend and take it. What the chart presents to you as a trend(and not the trend) is also important. We Stay Alive guys... Happy New Week. {image}

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Quoting rayoub

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trade idea.. sell 2032 area down to 2015-2020 area. expecting 2015 to provide us with a bounce to the daily pivot at 2040 area, where another sell can be placed with a tp around 2007 area. if bulls can break and maintain price above 2042 this idea is invalidated and will look for buys from that area on. {image}

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Quoting ministry

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{quote} Thank you sir. I have substantial losses last two weeks ago with Gold coz I was too early to make a sell entry.

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