Yo I've been trying to trade gold as my second pair for a little while now (about 7 months) and can't really get it? I'm wondering what I should look for in gold setups I'm trying to turn it into the main pair I trade. Thanks fr
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Disliked{quote} In my experience which is not a lot just a few months, most of the time it retracesIgnored
Disliked{quote} Okay, 1807-1804 looking at possible areas of support. We all know XAUUSD is erratic. Where do you see the metals heading in December?Ignored
DislikedYo I've been trying to trade gold as my second pair for a little while now (about 7 months) and can't really get it? I'm wondering what I should look for in gold setups I'm trying to turn it into the main pair I trade. Thanks frIgnored
Disliked{quote} We've smashed right into the 50 retracement (1817.96) of 1758.82 to 1877.09. Sellers still looking pretty strong. Possibly going straight to 1807.91. 61.8 retracement lies at 1804 currently... But if we just keep going down, looks like we might have a fresh impulsive down move instead. Time to see how seasonals play outIgnored
Disliked{quote} Well considering we are lingering around 61.8 retracement at 1804... And we are oversold on 1H and 4H time frames. I'm waiting to see if there will be any nice bullish price action to pick some buys into. Not gonna upload my chart, so just draw a line from the 3 Nov 2021 Low of 1758.82 to the recent 16 Nov 2021 highs at 1877.09 and you should get a 61.8 around 1804. I'm not expecting too much since December generally has been good for gold but also has history of bearish gold months, whereas January seems more positive.Ignored
DislikedLook for gold buying opportunity. Remember to use proper Risk management.Ignored
DislikedGood morning, hope everyone is okay, Tuesday, my first entries for the week would be longs from S1 on h1 tf ,picture attached below. Risking 2% for weekly 5 % income,or maybe rebounce will happen faster... We will see Take care and trade safe {image} {image}Ignored
DislikedYo I've been trying to trade gold as my second pair for a little while now (about 7 months) and can't really get it? I'm wondering what I should look for in gold setups I'm trying to turn it into the main pair I trade. Thanks frIgnored
DislikedThere was some significant buying power but it was only a retracementIgnored