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Gold Mining - Using Each Trading Day's Trend

  • #3,881
  • Dec 15, 2020 7:08am Dec 15, 2020 7:08am
LEVELS UPDATE
If today's high is broken given current price action, 1860/65/70 will be good TP or Short entries depending on what you are seeing.

Stay Alive!
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  • #3,882
  • Dec 15, 2020 7:38am Dec 15, 2020 7:38am
Closed Long.
Am getting set to go Short now.
In fact, am in @1851 can't wait no more(you know that feeling right?)...This is Forex, anything is possible!
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  • #3,883
  • Dec 15, 2020 7:46am Dec 15, 2020 7:46am
Quoting BiteFX
Closed Long. Am getting set to go Short now. In fact, am in @1851 can't wait no more(you know that feeling right?)...This is Forex, anything is possible!
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  • #3,884
  • Dec 15, 2020 8:18am Dec 15, 2020 8:18am
Quoting BiteFX
{quote} {image}
This drop is looking pretty fast, hmmm, I don't trust this bears they might have something up their sleeves.
Alright, looking TP to be @ 1836 or I use price action.
Either way, I have to come out alive!
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  • #3,885
  • Dec 15, 2020 9:43am Dec 15, 2020 9:43am
CHART UPDATE
will have to break 1846.77 to establish this down move, as the third wave of the bearish leg will have been completed by then.

I Stay Alive
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  • #3,886
  • Dec 15, 2020 10:16am Dec 15, 2020 10:16am
Quoting BiteFX
CHART UPDATE will have to break 1846.77 to establish this down move, as the third wave of the bearish leg will have been completed by then. I Stay Alive {image}
Done...I will now watch alive to expected TP.
See you guys tomorrow alive.
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  • #3,887
  • Dec 15, 2020 11:43pm Dec 15, 2020 11:43pm
CHART UPDATE
1855 and 1852 are vital resistance and support for today's trade analysis. We might see 1820 again, but how soon I don't know.

Am still holding my sell positions though...Because, this is Forex, anything is possible!
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  • #3,888
  • Dec 16, 2020 12:19am Dec 16, 2020 12:19am
Looks like the are not ready to give the a chance for survival.
Let them have my SL if that's the case.
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  • #3,889
  • Edited 3:57am Dec 16, 2020 2:48am | Edited 3:57am
Quoting BiteFX
CHART UPDATE 1855 and 1852 are vital resistance and support for today's trade analysis. We might see 1820 again, but how soon I don't know. Am still holding my sell positions though...Because, this is Forex, anything is possible! {image}
I am holding two sell positions near 1851 and one add another near 1859 but i guess bear will take control between 1864 ~ 1870.
  • #3,890
  • Dec 16, 2020 3:37am Dec 16, 2020 3:37am
The blue rectangle could be challenging area in NY time
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  • #3,891
  • Dec 16, 2020 5:56am Dec 16, 2020 5:56am
Quoting QuantaMath
{quote} I am holding two sell positions near 1851 and one add another near 1859 but i guess bear will take control between 1864 ~ 1870.
That is exactly what am thinking... Let's watch alive brother.
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  • #3,892
  • Dec 16, 2020 6:23am Dec 16, 2020 6:23am
Quoting QuantaMath
The blue rectangle could be challenging area in NY time {image}
It was indeed a challenging area for the bulls, well done job QuantaMath !
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  • #3,893
  • Dec 16, 2020 10:28am Dec 16, 2020 10:28am
Quoting BiteFX
{quote} It was indeed a challenging area for the bulls, well done job QuantaMath !
Thanks Bro
  • #3,894
  • Dec 16, 2020 7:45pm Dec 16, 2020 7:45pm
LEVELS UPDATE
1866-1862 are clearly Short Levels as of this writing. Bulls looking exhausted at these Levels.
Am in Alive
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  • #3,895
  • Dec 16, 2020 7:53pm Dec 16, 2020 7:53pm
Quoting bitefx
levels update 1866-1862 are clearly short levels as of this writing. Bulls looking exhausted at these levels. Am in alive
chart update
1866-1862
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  • #3,896
  • Dec 16, 2020 8:41pm Dec 16, 2020 8:41pm
Quoting BiteFX
LEVELS UPDATE 1866-1862 are clearly Short Levels as of this writing. Bulls looking exhausted at these Levels. Am in Alive
Am looking at first TP to be at 1853. So much for the bulls' troubles...
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  • #3,897
  • Dec 16, 2020 11:16pm Dec 16, 2020 11:16pm
LEVELS UPDATE
A break and sustained move under 1859.87 establishes the bearish move. While a buying opportunity might be showing up around 1849-44.

I Stay Alive
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  • #3,898
  • Dec 17, 2020 5:17am Dec 17, 2020 5:17am
CHART UPDATE
With the chart giving a broadening formation, both Bulls and Bears are fighting around 1875.
Let's see who wins the fight.



Stay Alive guys.
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  • #3,899
  • Dec 17, 2020 8:57am Dec 17, 2020 8:57am
LEVELS UPDATE
Bulls broke last week's high, and reaching an important resistance level at 1894.86.
Let's see what Bears can do.
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  • #3,900
  • Dec 17, 2020 8:22pm Dec 17, 2020 8:22pm
CHART UPDATE
Gold Bears are still taking the price down in a nice bearish channel after Bulls hit 1894.86resistance yesterday. I don't know how deep this move will be. So, we trade accordingly.

Stay Alive, it's Friday!
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