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Gold

  • #1,821
  • Nov 24, 2021 12:57pm Nov 24, 2021 12:57pm
BUY XAUUSD 1784
SL 1770
TP1 1800
TP2 1850
TP3 1900
TP4 2000
  • #1,822
  • Nov 24, 2021 1:07pm Nov 24, 2021 1:07pm
Quoting TrickorTrade
Will look to re-enter at 1785 for long position. but would wait for fomc news to drop
Long position taken
  • #1,823
  • Nov 24, 2021 1:10pm Nov 24, 2021 1:10pm
Quoting TrickorTrade
{quote} Long position taken
same here
  • #1,824
  • Nov 24, 2021 3:01pm Nov 24, 2021 3:01pm
Quoting Hz-Trwin
BUY XAUUSD 1784 SL 1770 TP1 1800 TP2 1850 TP3 1900 TP4 2000
Interesting Hz-Trwin! Why do you expect to see 1850, and how soon do you project that price?
  • #1,825
  • Nov 24, 2021 3:45pm Nov 24, 2021 3:45pm
to buy is looks to easy i think it's trap !
  • #1,826
  • Nov 24, 2021 4:00pm Nov 24, 2021 4:00pm
Quoting Ayax.TSS
#GOLD / Daily & H4{image}{image}{image}
good stuff
  • #1,827
  • Nov 24, 2021 4:35pm Nov 24, 2021 4:35pm
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  • #1,828
  • Nov 24, 2021 4:36pm Nov 24, 2021 4:36pm
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???!!!
  • #1,829
  • Nov 24, 2021 8:30pm Nov 24, 2021 8:30pm
that is i think --DEAD CAT BOUNCE
  • #1,830
  • Nov 24, 2021 9:07pm Nov 24, 2021 9:07pm
Quoting Hz-Trwin
BUY XAUUSD 1784 SL 1770 TP1 1800 TP2 1850 TP3 1900 TP4 2000
Don't expect too much
  • #1,831
  • Nov 24, 2021 11:21pm Nov 24, 2021 11:21pm
Need wait to see confirmation at daily
but will try to wait for the price reach 1781 again to buy, hopefully reverse HnS appear at H1

Regards,
Fitriyanto
Attached Image (click to enlarge)
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  • #1,832
  • Edited Nov 25, 2021 12:05am Nov 24, 2021 11:22pm | Edited Nov 25, 2021 12:05am
Gold has a tendency to consolidate for a bit after such big moves. 4H price action has shown some buyers coming back in but effectively would prefer to see a close above 1796 first and price not closing below 1783.

I've been managing to take some long positions from 1784 and 1785 up to 1790. Gonna stay out for now.

Edit: Actually by looking at the daily chart, yesterday formed a pretty decent doji candle. If we can push up higher from here, I'd expect some fib retracements of this down move to be tested, perhaps some overbought RSI and bearish price action before we head any lower.
A 1 pip gain is better than a 1 pip loss.
  • #1,833
  • Nov 25, 2021 1:27am Nov 25, 2021 1:27am
Quoting sergo
to buy is looks to easy i think it's trap !
Its going back bullish but it may consolidate for a while
  • #1,834
  • Nov 25, 2021 2:31am Nov 25, 2021 2:31am
Quoting OwaisJam
{quote} same here
Where is your take profit target. Still holding my long position
  • #1,835
  • Nov 25, 2021 3:13am Nov 25, 2021 3:13am
Quoting TrickorTrade
{quote} Where is your take profit target. Still holding my long position
1800 should be fine though there is no chance of reversal in m5 i believe it will go up
  • #1,836
  • Nov 25, 2021 3:15am Nov 25, 2021 3:15am
i think m5 now it will push up further if it did i will protect my sl on 1791
  • #1,837
  • Nov 25, 2021 3:26am Nov 25, 2021 3:26am
Quoting OwaisJam
i think m5 now it will push up further if it did i will protect my sl on 1791
I see it going all the way to 1845 level
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  • #1,838
  • Nov 25, 2021 3:31am Nov 25, 2021 3:31am
Quoting TrickorTrade
{quote} I see it going all the way to 1845 level {image}
there is great probability now i have seen reversals dont occur easily sometimes we take retracements as reversals as 1780 was a reversal it will go up atleast this week i cant say anything about levels...
  • #1,839
  • Nov 25, 2021 3:35am Nov 25, 2021 3:35am
Quoting OwaisJam
{quote} there is great probability now i have seen reversals dont occur easily sometimes we take retracements as reversals as 1780 was a reversal it will go up atleast this week i cant say anything about levels...
True it can be just a retracement. But I see a huge gap that needs to be filled before gold continues its bearish trend. All we can do is observe now and Ill keep my longs open till any sign of reversals. Volume will be low due to holidays. Monday we will see bigger moves
  • #1,840
  • Nov 25, 2021 4:19am Nov 25, 2021 4:19am
Quoting TrickorTrade
{quote} True it can be just a retracement. But I see a huge gap that needs to be filled before gold continues its bearish trend. All we can do is observe now and Ill keep my longs open till any sign of reversals. Volume will be low due to holidays. Monday we will see bigger moves
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