Gold Mining - Using Each Trading Day's Trend | Page 181 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #3,601
  • Oct 8, 2020 2:44am Oct 8, 2020 2:44am
The decision line is 1887.00
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  • #3,602
  • Oct 8, 2020 3:06am Oct 8, 2020 3:06am
Let's collect some.
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  • #3,603
  • Oct 8, 2020 3:40am Oct 8, 2020 3:40am
Good day to all.

I bought gold at 1891.60
First target 1897.60
Second target 1901.00
SL tight

Since my target is 1901.00 if price reaches it I my TP will be hit and I'm looking to short at 1901.50/1905.50
First target 1891.12
Second target 1882.74
SL tight

Let's see what PA has to say about it.
Always expect unexpected.
  • #3,604
  • Oct 8, 2020 4:02am Oct 8, 2020 4:02am
Quoting Skoljkica
Good day to all. I bought gold at 1891.60 First target 1897.60 Second target 1901.00 SL tight Since my target is 1901.00 if price reaches it I my TP will be hit and I'm looking to short at 1901.50/1905.50 First target 1891.12 Second target 1882.74 SL tight Let's see what PA has to say about it.
Well done brother
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  • #3,605
  • Oct 8, 2020 4:03am Oct 8, 2020 4:03am
Update
1889.62 is a decision point for the bears to reach 1887.
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  • #3,606
  • Oct 8, 2020 4:11am Oct 8, 2020 4:11am
Update
Break 1893.62 for the bulls to keep upward movement.
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  • #3,607
  • Oct 8, 2020 6:25am Oct 8, 2020 6:25am
Quoting BiteFX
Update Break 1893.62 for the bulls to keep upward movement.
Seem to have had a hard time breaking that level.
Then perhaps it's time for the bears to take 'em down.
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  • #3,608
  • Oct 8, 2020 6:37am Oct 8, 2020 6:37am
Quoting BiteFX
Update Break 1893.62 for the bulls to keep upward movement.
In my calculations, price could move down to 1889.70 and test it as a support. If that can't hold then possible down to 1882.74
1894.07 acted as a resistance couple of times, with breaking that, bulls should continue to lead the market. But first, 1891.12/1889.70 should hold.
Always expect unexpected.
  • #3,609
  • Oct 8, 2020 6:53am Oct 8, 2020 6:53am
Quoting Skoljkica
{quote} In my calculations, price could move down to 1889.70 and test it as a support. If that can't hold then possible down to 1882.74 1894.07 acted as a resistance couple of times, with breaking that, bulls should continue to lead the market. But first, 1891.12/1889.70 should hold.
You are on point brother... Dreaming about 1887 likewise.
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  • #3,610
  • Oct 8, 2020 6:57am Oct 8, 2020 6:57am
Placed some trades based on my ATF...However, market has the final say.
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  • #3,611
  • Oct 8, 2020 7:30am Oct 8, 2020 7:30am
Bulls have taken over...
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  • #3,612
  • Oct 8, 2020 8:09am Oct 8, 2020 8:09am
Looking at my ATF, looks like bullish retracement at 1896.92 has ended. We may see some strong bearish downward move.
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  • #3,613
  • Oct 8, 2020 8:17am Oct 8, 2020 8:17am
Quoting Skoljkica
Good day to all. I bought gold at 1891.60 First target 1897.60 Second target 1901.00 SL tight Since my target is 1901.00 if price reaches it I my TP will be hit and I'm looking to short at 1901.50/1905.50 First target 1891.12 Second target 1882.74 SL tight Let's see what PA has to say about it.
Closed one order at 1897.60
Waiting for another one.
Always expect unexpected.
  • #3,614
  • Oct 8, 2020 8:23am Oct 8, 2020 8:23am
Quoting BiteFX
Looking at my ATF, looks like bullish retracement at 1896.92 has ended. We may see some strong bearish downward move.
Technical wise I agree, we should, but fundamentally this is going to be tricky as stimulus talks in the US are back on the table and Gold seems to take fundamentals very seriously as of late. Technicals say down, fundamentals say up.
  • #3,615
  • Oct 8, 2020 8:37am Oct 8, 2020 8:37am
Quoting chasinpips
{quote} Technical wise I agree, we should, but fundamentally this is going to be tricky as stimulus talks in the US are back on the table and Gold seems to take fundamentals very seriously as of late. Technicals say down, fundamentals say up.
Meeeeen, that is the challenge at the moment.
I am only still in the market because of technicals.
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  • #3,616
  • Oct 8, 2020 8:38am Oct 8, 2020 8:38am
Quoting Skoljkica
{quote} Closed one order at 1897.60 Waiting for another one.
Well done job brother
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  • #3,617
  • Oct 8, 2020 9:08am Oct 8, 2020 9:08am
Quoting BiteFX
Looking at my ATF, looks like bullish retracement at 1896.92 has ended. We may see some strong bearish downward move.
Wow, we literally just saw a strong bearish move, wild rollercoaster on gold this week!
  • #3,618
  • Oct 8, 2020 9:09am Oct 8, 2020 9:09am
Quoting BiteFX
{quote} You are on point brother... Dreaming about 1887 likewise.
Reached... All trades closed with profit.
I came out alive.
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  • #3,619
  • Oct 8, 2020 8:13pm Oct 8, 2020 8:13pm
Market has gotten to 1901.62...I've short the market there expecting a drop down to 1892 price area.
We Stay Alive
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  • #3,620
  • Oct 8, 2020 8:15pm Oct 8, 2020 8:15pm
Quoting BiteFX
Market has gotten to 1901.62...I've short the market there expecting a drop down to 1892 price area. We Stay Alive
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