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  • #5,161
  • Feb 15, 2023 4:21am Feb 15, 2023 4:21am
Quoting jordiHK
{quote} Looks I guessed well. Facing down at the moment. Let's see the retrace or a new push down with the US open + news.
Well done!

I think we'll either see a push down to 1825, then back up, or further south to 1800, and then sharply back up.

If 1800 doesn't hold, well, then the 200-day SMA it is!
"Who Dares Wins"
  • #5,162
  • Feb 15, 2023 4:36am Feb 15, 2023 4:36am
It could retrace till 1842 or 1845.5 with the US opening, or even before. Then back to south. Oversold plus quite strong support now... it needs a breath.
If doesn't retrace, hold and wait for momentum.
  • #5,163
  • Feb 15, 2023 8:20am Feb 15, 2023 8:20am
That's strange. Market did not really react to retail sales data of US.
Love for all; Hatred for none.
  • #5,164
  • Feb 15, 2023 8:24am Feb 15, 2023 8:24am
I was also surprised. but as ForexGoose usually say, wait for the next 15 to 45 minutes, then we'll see what happens.
"Who Dares Wins"
  • #5,165
  • Feb 15, 2023 8:41am Feb 15, 2023 8:41am
Quoting ForexGoose
sold from 1860, stop above 1870, target 1840 and below
exited at 1836
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,166
  • Feb 15, 2023 9:58am Feb 15, 2023 9:58am
Quoting ForexGoose
{quote} exited at 1836
I believe if it stays this way with the next hour candle, then we're possibly correcting/retracing upwards
"Who Dares Wins"
  • #5,167
  • Feb 15, 2023 12:57pm Feb 15, 2023 12:57pm
Lets see where price goes
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #5,168
  • Feb 15, 2023 2:20pm Feb 15, 2023 2:20pm
I had a buy pending order placed at 1831.2 based off 4h liq pocket.
Buy triggered, tp was set high incase volume was there, market was slower then expected today so I closed around 1836.

Will wait for tomorrow and see how Asia acts. If we go to test the low of the day again I will look for buys and have first target as 1845 and expect a reaction, price have a pullback to 1840 area then head further up.
If we tap the low of the day and have a small break (still within 4h liq pocket) then buys hit 1845 area, retest broken base and continue higher.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #5,169
  • Feb 15, 2023 8:10pm Feb 15, 2023 8:10pm
Quoting jordiHK
It could retrace till 1842 or 1845.5 with the US opening, or even before. Then back to south. Oversold plus quite strong support now... it needs a breath. If doesn't retrace, hold and wait for momentum.
Sold at 1842. Expecting a move back to 183X soon , and move SL to BE.
  • #5,170
  • Feb 15, 2023 9:40pm Feb 15, 2023 9:40pm
Quoting jordiHK
{quote} Sold at 1842. Expecting a move back to 183X soon , and move SL to BE.
SL moved to BE 1841,90. Let's see if it faces down again.
  • #5,171
  • Feb 15, 2023 9:43pm Feb 15, 2023 9:43pm
Quoting jordiHK
{quote} SL moved to BE 1841,90. Let's see if it faces down again.
If retests 1842,5 probably will break it, maybe until 1845,5. Hopefully it moves back to the lower 183X.
  • #5,172
  • Feb 15, 2023 9:50pm Feb 15, 2023 9:50pm
Quoting jordiHK
{quote} If retests 1842,5 probably will break it, maybe until 1845,5. Hopefully, it moves back to the lower 183X.

I'm also in for
from 1841.5
  • #5,173
  • Feb 15, 2023 11:49pm Feb 15, 2023 11:49pm
Sell limit at 1839.30

Stoploss 5 points
  • #5,174
  • Feb 16, 2023 12:39am Feb 16, 2023 12:39am
check gold situation ok breakout but any enough , on weekly strong support , ok 1826 , and may to bounce enough next ! there are huge potentiality for bear movement though for swing trader but must breaks and hold 1800 first !! watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #5,175
  • Feb 16, 2023 12:58am Feb 16, 2023 12:58am
My Plan
Direction: down. Very obvious downward structure.
Point: 1842.4
SL: 1846.0
TP: 1813.0 or lower. Who knows, it's impossible to know the exact point level.
Let's just arrange it this way.
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Just follow the trend.
  • #5,176
  • Feb 16, 2023 3:53am Feb 16, 2023 3:53am
Quoting Vitez
Sell limit at 1839.30 Stoploss 5 points
Either too low or too tight stoploss. Got stopped out.
  • #5,177
  • Feb 16, 2023 4:19am Feb 16, 2023 4:19am
Sell limit 1840.50

SL 10 points.
TP i let it ride.
  • #5,178
  • Feb 16, 2023 5:21am Feb 16, 2023 5:21am
Gold is able to go to 1830-1820. There is points to get long positions.
  • #5,179
  • Feb 16, 2023 6:08am Feb 16, 2023 6:08am
I think that there could be another downtrend for Gold since after the U.S. data releases, Gold is just ranging

I placed a sell stop order at 1825, stop above 1840, target profit is open
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,180
  • Feb 16, 2023 7:49am Feb 16, 2023 7:49am
Quoting ForexGoose
I think that there could be another downtrend for Gold since after the U.S. data releases, Gold is just ranging I placed a sell stop order at 1825, stop above 1840, target profit is open
I'm hoping that the bears are back today in full force
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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