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  • #5,101
  • Feb 8, 2023 11:08am Feb 8, 2023 11:08am
Quoting ForexGoose
sold from 1875, stop above 1885, target 1840
exited with small profit

currently, Gold is just ranging and not going anywhere

Attached Image (click to enlarge)
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I think that Gold can go back up next week after the inflation report, so I will try to buy any dips before then
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,102
  • Feb 8, 2023 11:12am Feb 8, 2023 11:12am
Quoting Finndis
{quote} Yeah 1890 would be a good target, but im still gonna wait a bit gold has shifted since i made the post and now the candle is negative so probably wont trade gold for another 1-2 hours
My target also same but now i am worried, is it today possible.
Have your another sound this position.
  • #5,103
  • Feb 8, 2023 12:52pm Feb 8, 2023 12:52pm
Quoting ForexGoose
{quote} exited with small profit currently, Gold is just ranging and not going anywhere {image} I think that Gold can go back up next week after the inflation report, so I will try to buy any dips before then
It needs to close above 1920 on D1 to continue uptrend which is more likely to happen because it pulled back heavy from fib50 on MN TF and closed last month above fib23.6

P.S. first it needs to daily close above 1920
P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,104
  • Feb 8, 2023 2:11pm Feb 8, 2023 2:11pm
Quoting blackndwhite
Short also. 1880. TP1 1865.
TP1 hit on this. Relative volumes are low and have been for most of the day. Will wait for the unemployment data tomorrow.
  • #5,105
  • Feb 8, 2023 2:39pm Feb 8, 2023 2:39pm
Quoting ForexGoose
{quote} exited with small profit currently, Gold is just ranging and not going anywhere {image} I think that Gold can go back up next week after the inflation report, so I will try to buy any dips before then
I am also out with small loss and will set sell stop @1860 tomorrow before news comes.
Love for all; Hatred for none.
  • #5,106
  • Feb 8, 2023 6:11pm Feb 8, 2023 6:11pm
Quoting ChiForex
My view for Gold. I expected a move today toward 1745-54 as retracement but just reaching 1738 is suspicious. IMO that might be bullish on short term if it tries to hit those levels latter today, daily candle will form bullish for a higher retracement tomorrow or after toward first monthly resistance around 1780 Be aware that weekly candle not yet closed so only real hint for retracement is as high as around 1769 So now I'm monitoring the daily to base on besides how 4hr develops for further in advance possible hint. On downside 1700-05 seems the...


im expecting a retracement down to 1851 before a bullish move up to the previous highs of last month.
  • #5,107
  • Feb 8, 2023 9:11pm Feb 8, 2023 9:11pm
I closed my short position with small loss because price stayed in range and it can go to 1900 which was previous support and now it can turn into resistance.
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Love for all; Hatred for none.
  • #5,108
  • Feb 8, 2023 9:28pm Feb 8, 2023 9:28pm
Quoting aahmad29
I closed my short position with small loss because price stayed in range and it can go to 1900 which was previous support and now it can turn into resistance. {image}
I will keep my sell from 1879 and add sell if reaches 1885-86. TP1 1869 TP2 1865 SL 1890
  • #5,109
  • Feb 8, 2023 11:38pm Feb 8, 2023 11:38pm
target 1885+
sl below 1866.75
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  • #5,110
  • Feb 9, 2023 12:22am Feb 9, 2023 12:22am
Quoting asteyaafx
target 1885+ sl below 1866.75 {image}
Closed at 1880.52 as price is struggling to go up.
  • #5,111
  • Feb 9, 2023 2:36am Feb 9, 2023 2:36am
Quoting farukh
{quote} It needs to close above 1920 on D1 to continue uptrend which is more likely to happen because it pulled back heavy from fib50 on MN TF and closed last month above fib23.6 P.S. first it needs to daily close above 1920
Attached Image (click to enlarge)
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Needs to close above upper trend line to continue..
P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,112
  • Feb 9, 2023 2:41am Feb 9, 2023 2:41am
If this h1 candle closes above 1882 the next target of Gold will be 1895-1900.
And then If bearish H4 will be made in range of 1895-1900 then gold will fall sharply to 25-30 points. Thanks me later
  • #5,113
  • Feb 9, 2023 4:32am Feb 9, 2023 4:32am
Quoting jordiHK
{quote} I will keep my sell from 1879 and add sell if reaches 1885-86. TP1 1869 TP2 1865 SL 1890
Sold 1879 + added sell 1885. TP1 1869 TP2 1865 SL 1890
  • #5,114
  • Feb 9, 2023 8:37am Feb 9, 2023 8:37am
Quoting farukh
{quote}{image} Needs to close above upper trend line to continue..
Daily time frame is still in uptrend unless closes below 1860 level
Attached Image (click to enlarge)
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P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,115
  • Feb 9, 2023 9:09am Feb 9, 2023 9:09am
Quoting farukh
{quote} Daily time frame is still in uptrend unless closes below 1860 level {image}
Uptrend intact but bearish engulfing found on H1. Be cautious about and wait for confirmation.
Closed above 1890 is buy and tp 1920
Closed below 1860 will trigger downtrend
Attached Image (click to enlarge)
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P.S. Trade with the discipline of Money Management and Risk Management.
  • #5,116
  • Feb 9, 2023 9:57am Feb 9, 2023 9:57am
iCT
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  • #5,117
  • Feb 9, 2023 10:14am Feb 9, 2023 10:14am
Probably buying insane amounts of gold as soon as the current candle closes ( only if it closes in green), this is a perfect retest in my opinion, and opportunity i dont want to miss.
Attached Image (click to enlarge)
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  • #5,118
  • Feb 9, 2023 10:28am Feb 9, 2023 10:28am
Does anyone else got an opinion about gold its next move?
  • #5,119
  • Feb 9, 2023 10:44am Feb 9, 2023 10:44am
Quoting Finndis
Does anyone else got an opinion about gold its next move?
I believe Gold is going to bottom around 1790 (50 Fib) or 1830 (38.2 Fib) then to 2000 and higher.
But before that, it could test 1898 (38.2 Fib of the drop) and then go down.
Observation is the path to discovery.
  • #5,120
  • Feb 9, 2023 3:45pm Feb 9, 2023 3:45pm
Quoting Alorente
{quote} I believe Gold is going to bottom around 1790 (50 Fib) or 1830 (38.2 Fib) then to 2000 and higher. But before that, it could test 1898 (38.2 Fib of the drop) and then go down.
Nice reading your post sir, Extremes
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