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  • #5,201
  • Feb 17, 2023 8:27am Feb 17, 2023 8:27am
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
take profit target set at 1780
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,202
  • Feb 17, 2023 9:14am Feb 17, 2023 9:14am
Ugh, seems like I was really wrong, sorry guys...
"Who Dares Wins"
  • #5,203
  • Feb 17, 2023 9:53am Feb 17, 2023 9:53am
i don't expect much upside after this latest pop to 1840 on the hourly chart

i would prefer to short these mini rallies
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,204
  • Feb 17, 2023 1:08pm Feb 17, 2023 1:08pm
Sold at 1843.
  • #5,205
  • Feb 17, 2023 2:03pm Feb 17, 2023 2:03pm
Closed long position 1836-1843

My daily analysis calculations are showing move to 1855 and if extended then it will go to 1885. My last trade which was short position and hit SL , i wasn't confident because H1 chart was showing pull back so stayed away from trading and entered into long position today.
Love for all; Hatred for none.
  • #5,206
  • Feb 17, 2023 2:15pm Feb 17, 2023 2:15pm
Quoting jordiHK
Sold at 1843.
I also add short position at 1843.63 with TP 1835. My calculation showed that price will go to 1845 and then come down but i am not waiting for it so took short position
Love for all; Hatred for none.
  • #5,207
  • Feb 17, 2023 11:53pm Feb 17, 2023 11:53pm
Almost perfect daily hammer. Lets see if it moves up from here...
  • #5,208
  • Edited 9:24am Feb 18, 2023 9:13am | Edited 9:24am
Hi, a few more days should do it.
Cheers,
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD-2-days-2023_02_18-14h57.png Size: 44 KB
310945U2
Wait, or you will be slaughtered!
  • #5,209
  • Feb 19, 2023 10:59pm Feb 19, 2023 10:59pm
ADDED SELL 1843,40
  • #5,210
  • Feb 19, 2023 11:00pm Feb 19, 2023 11:00pm
Quoting jordiHK
ADDED SELL 1843,40
Supply Zone touched
  • #5,211
  • Feb 19, 2023 11:37pm Feb 19, 2023 11:37pm
SELL 1843 -> SL BE, TP Opened
SELL 1843,4 -> SL BE TP Opened
  • #5,212
  • Feb 19, 2023 11:40pm Feb 19, 2023 11:40pm
Quoting jordiHK
SELL 1843 -> SL BE, TP Opened SELL 1843,4 -> SL BE TP Opened
Both closed at BE. Looks like is gonna retest SUPPLY Zone, will see.
  • #5,213
  • Feb 19, 2023 11:53pm Feb 19, 2023 11:53pm
Sold at 1844,33
  • #5,214
  • Feb 20, 2023 2:46am Feb 20, 2023 2:46am
Quoting jordiHK
Sold at 1844,33
SL to BE (1844,30), TP open
  • #5,215
  • Feb 20, 2023 3:11am Feb 20, 2023 3:11am
Buy gold. Take 1850
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-02-20-12-10-05-76_0bea77daeacc231008e293164131bafa.jpg Size: 410 KB
  • #5,216
  • Feb 20, 2023 5:24am Feb 20, 2023 5:24am
Quoting GonMnemonik
Buy gold. Take 1850 {image}
I also have a Buy in, for 1845, TP set to 1850, although we might touch the 50-DMA, around 1855 today, and then get heavy rejection, and thus long daily wick, and then start descent tomorrow when Dollar and US session in back in force, as well as rate hike concerns (aka hawkishness), this is how I imagine it to play out, except if we of course establish above 1855, or 1860, seeing as we aren't breaking below 1841, yet...
"Who Dares Wins"
  • #5,217
  • Edited 6:26am Feb 20, 2023 5:25am | Edited 6:26am
Quoting GonMnemonik
Buy gold. Take 1850 {image}
By the way, nice chart, just wanted to ask, what is the price range if the blue-targeted price area? Looks like it could be 1855-1860.
"Who Dares Wins"
  • #5,218
  • Feb 20, 2023 5:29am Feb 20, 2023 5:29am
Quoting Ravenfeeder
{quote} By the way, noce chart, just wanted to ask, what is the price range if the blue-targeted price area? Looks like it could be 1855-1860.
Yes, the target is in the range 1850-1860
  • #5,219
  • Feb 20, 2023 6:30am Feb 20, 2023 6:30am
Quoting GonMnemonik
{quote} Yes, the target is in the range 1850-1860
Awesome, I'm thinking the same, as Gold will be reluctant to go up, except if the Dollar starts to struggle, which is not the case recently, it is just this Presidents Day that's allowing it to be bought, or the Dollar to stall/consolidate, until peeps probably start selling again later this week. Therefore hopefully it will simply touch the 50-DMA and then start lowering, I hope, as I have some shorts to take out between 1835 and 1820.
"Who Dares Wins"
  • #5,220
  • Feb 20, 2023 9:17pm Feb 20, 2023 9:17pm
Quoting aahmad29
{quote} I also add short position at 1843.63 with TP 1835. My calculation showed that price will go to 1845 and then come down but i am not waiting for it so took short position
Closing this position at 1838
Love for all; Hatred for none.
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