Gold Mining - Using Each Trading Day's Trend | Page 207 | Metals Mine

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Gold Mining - Using Each Trading Day's Trend

  • #4,121
  • Aug 11, 2021 7:27am Aug 11, 2021 7:27am
MACD Bearish divergence. Can we have a sell reversal at R6?
Men... We Stay Alive
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  • #4,122
  • Aug 11, 2021 11:19am Aug 11, 2021 11:19am
We now have a potential bearish reversal signal at R7.
As on the chart.
Stay Alive...
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  • #4,123
  • Edited Aug 12, 2021 6:22am Aug 11, 2021 8:48pm | Edited Aug 12, 2021 6:22am
trying to stop the at R1 since toward the close of yesterday's session.
Let's see if the market can reverse South from there or break Northwards.

Stay Alive...
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  • #4,124
  • Aug 12, 2021 4:04am Aug 12, 2021 4:04am
We now have a bearish reversal pattern above R1. That's around weekly open too. A sensitive zone.
Stay Alive...
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  • #4,125
  • Aug 12, 2021 11:04pm Aug 12, 2021 11:04pm
R1 yesterday, R1 today. We now have a sell reversal signal at R1.
Let's get ready for the drop.
Stay Alive...
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  • #4,126
  • Aug 16, 2021 12:31am Aug 16, 2021 12:31am
Happy New Week Folks
Following Friday's volatile move, are finaly having a reversal at R1. Nice one.
Stay Alive...
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  • #4,127
  • Aug 16, 2021 9:24am Aug 16, 2021 9:24am
We now have a potential bearish reversal signal above R1.
Stay Alive...
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  • #4,128
  • Aug 16, 2021 9:53am Aug 16, 2021 9:53am
Quoting BiteFX
We now have a potential bearish reversal signal above R1. Stay Alive... {image}
Two ways for my stop loss. First is at 50pips... As market moves 20pips into profit, I move sl to 10% of that move. And trail at such until I take it profit manually.
Stay Alive...
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  • #4,129
  • Aug 17, 2021 5:41am Aug 17, 2021 5:41am
Greetings...

I just noticed that Bite is also looking for SELL opportunities.

Actually and technically I am still waiting on the LONG side. But there is something I wanna point out (which supports Bite's expectations):

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This narrowing wedge is a common structure in gold and most of the time happens before big falls (showing unwillingness of the Bulls).

So, for today I am expecting my existing BUY order to stopped and my SELL Order to be activated.

Time will show everything

Best Regards
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #4,130
  • Aug 18, 2021 6:08am Aug 18, 2021 6:08am
Quoting selym_co
Greetings... I just noticed that Bite is also looking for SELL opportunities. Actually and technically I am still waiting on the LONG side. But there is something I wanna point out (which supports Bite's expectations): {image} This narrowing wedge is a common structure in gold and most of the time happens before big falls (showing unwillingness of the Bulls). So, for today I am expecting my existing BUY order to stopped and my SELL Order to be activated. Time will show everything Best Regards
With the high it got to, all I see is sell sell sell, until it gets to like last week's low man.

Great analysis you got there!
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  • #4,131
  • Aug 26, 2021 4:42am Aug 26, 2021 4:42am
Bullish continuation at support.
Am already long.
I stay Alive
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  • #4,132
  • Aug 26, 2021 5:38am Aug 26, 2021 5:38am
Quoting BiteFX
Bullish continuation at support. Am already long. I stay Alive {image}
Like I said the other day... Initial sl is 50pips. However, as market moves into profit, we move sl to 10% of that move.

As on the chart.
Stay Alive
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  • #4,133
  • Aug 26, 2021 6:06am Aug 26, 2021 6:06am
Quoting BiteFX
{quote} Like I said the other day... Initial sl is 50pips. However, as market moves into profit, we move sl to 10% of that move. As on the chart. Stay Alive {image}
1788.79 resistance proving stubborn...
I hope are able to break through that level to higher levels. Otherwise, the will tear them apart.

Stay Alive...
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  • #4,134
  • Aug 26, 2021 9:08am Aug 26, 2021 9:08am
Alright, previous trade closed with a protective sl(blue).
And there were other trades inbetween I couldn't post because of their swift signals.

So, this is what am sitting on currently.
Am already long as on the chart.

Stay Alive
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  • #4,135
  • Aug 26, 2021 9:23am Aug 26, 2021 9:23am
Quoting BiteFX
Alright, previous trade closed with a protective sl(blue). And there were other trades inbetween I couldn't post because of their swift signals. So, this is what am sitting on currently. Am already long as on the chart. Stay Alive {image}
Market has gone about 40pips from entry as on the chart... So, 10% protective of that is 4pips. so small right? But we let market be the judge.
I stay Alive...
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  • #4,136
  • Aug 26, 2021 9:53am Aug 26, 2021 9:53am
If you are still with me, new signal says we go out, and am out!

Right about now am sitting on this, as on the chart.

I Stay Alive...
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  • #4,137
  • Aug 26, 2021 10:11am Aug 26, 2021 10:11am
Quoting BiteFX
If you are still with me, new signal says we go out, and am out! Right about now am sitting on this, as on the chart. I Stay Alive... {image}
Market says signal was false... So, we await new signal.

Stay Alive
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  • #4,138
  • Aug 26, 2021 11:24am Aug 26, 2021 11:24am
Alright guys... Final signal for today.
Bullish continuation at support. Am already long.
As on the chart.
I stay Alive...
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  • #4,139
  • Aug 26, 2021 8:02pm Aug 26, 2021 8:02pm
Quoting BiteFX
Alright guys... Final signal for today. Bullish continuation at support. Am already long. As on the chart. I stay Alive... {image}
Market says we are good to go... We then move sl to 10% or that profitable move as on the chart.

Stay Alive
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  • #4,140
  • Aug 26, 2021 9:33pm Aug 26, 2021 9:33pm
Quoting BiteFX
{quote} Market says we are good to go... We then move sl to 10% or that profitable move as on the chart. Stay Alive {image}
If you are satisfied with trade, you can tp. However, no new signal has told us to go out yet.

Stay Alive...
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