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  • #5,261
  • Feb 24, 2023 2:11am Feb 24, 2023 2:11am
Quoting Ravenfeeder
{quote} so far so good, although it is really tight still and testing 1820. It could hold...
I'm not retired as yet, so not necessarily a diehard Gold holder, but must admit it's looking a bit sus @ that 1820 level.
Thanks for your reply.
"Don't Shoot Me I'm Only the Piano Player"
  • #5,262
  • Feb 24, 2023 2:30am Feb 24, 2023 2:30am
Quoting Ravenfeeder
{quote} so far so good, although it is really tight still and testing 1820. It could hold...
I guess we are waiting for news in order for 1820 to break
Janus Return Today: 118.3%
  • #5,263
  • Feb 24, 2023 3:53am Feb 24, 2023 3:53am
Quoting janusforex
{quote} I guess we are waiting for news in order for 1820 to break
yes! And if doesn't, then it should spike up before the end of the day, people taking profits before the weekend and all that. Plus it will eventually become oversold, maybe even a bullish divergence, that's also if news doesn't come in soft for USD!
"Who Dares Wins"
  • #5,264
  • Feb 24, 2023 4:39am Feb 24, 2023 4:39am
Quoting Ravenfeeder
{quote}Plus it will eventually become oversold, ...
That happened with Crude Oil not so long ago, they actually paid you to buy it.
"Don't Shoot Me I'm Only the Piano Player"
  • #5,265
  • Feb 24, 2023 6:46am Feb 24, 2023 6:46am
Quoting ForexGoose
{quote} if it gets above 1850, then maybe it will be bullish for now, it looks bearish
Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,266
  • Feb 24, 2023 7:16am Feb 24, 2023 7:16am
Quoting ForexGoose
{quote} Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
Looking forward to this outcome, and hopefully wrap up nicely for the weekend. I suspect a bounce off 1800 at the lowest, but if through then we are going to 1780? the 200-SMA and main trend setter...
"Who Dares Wins"
  • #5,267
  • Feb 24, 2023 7:19am Feb 24, 2023 7:19am
Quoting yani38
{quote} That happened with Crude Oil not so long ago, they actually paid you to buy it.
That is very interesting!


I am fearing this, so I am keeping sells out, but placed sell stop just below key support levels, such as 1814 to 1812 (TP), and then below that 1810 to 1800 (TP), and lastly one at 1798, with no TP set.
"Who Dares Wins"
  • #5,268
  • Feb 24, 2023 7:31am Feb 24, 2023 7:31am
Quoting ForexGoose
{quote} Core PCE Price Index m/m data is going to be released soon. I expect Gold to sell today under 1800 if the data is strong.
sold from 1817, stop loss above 1825, target 1780
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,269
  • Feb 24, 2023 7:52am Feb 24, 2023 7:52am
Quoting ForexGoose
{quote} sold from 1817, stop loss above 1825, target 1780
stocks look bad after the data so far, but maybe there will be more selling later after the NY open

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #5,270
  • Feb 24, 2023 7:58am Feb 24, 2023 7:58am
Quoting ForexGoose
{quote} stocks look bad after the data so far, but maybe there will be more selling later after the NY open {image}
YEs, we have some retracement, maybe the NY session open will drag it down lower, but the Home Sales data might be bad, countering this maybe... slightly...
"Who Dares Wins"
  • #5,271
  • Feb 24, 2023 8:07am Feb 24, 2023 8:07am
Today's results are not good but overall my first trading week which was totally based on momentum had nice results. Closing this week.
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Love for all; Hatred for none.
  • #5,272
  • Edited 2:12pm Feb 24, 2023 1:17pm | Edited 2:12pm
Been short on this since y'day. Entered at 1822, TP is 1785. SL at 1840. Nice to end on a positive note after a poor XAGUSD trade earlier this week.
  • #5,273
  • Edited 1:46am Feb 26, 2023 1:33am | Edited 1:46am
in strong bull set ups as in cup and handle pattern , and now correcting just where there no more scope if do any great and not possible with rishing the bull even , so strong bull likely continue having minimum correction possible , ok next support 1784 may breaks or not possible! lest see if further correction may ignite very strong bull again . anyway big space at lows present to avert any disaaster to 1586/1500 even take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #5,274
  • Feb 26, 2023 1:33pm Feb 26, 2023 1:33pm
Quoting fontu
in strong bull set ups as in cup and handle pattern , and now correcting just where there no more scope if do any great and not possible with rishing the bull even , so strong bull likely continue having minimum correction possible , ok next support 1784 may breaks or not possible! lest see if further correction may ignite very strong bull again . anyway big space at lows present to avert any disaaster to 1586/1500 even take care {image} {image}
If you don't mind can you tell which position there correction possible.
Thank you very much.
  • #5,275
  • Feb 26, 2023 10:07pm Feb 26, 2023 10:07pm
It's going down, but I see some Divergence now, so I expect a pullback soon. Bought at 1807,10.
  • #5,276
  • Feb 26, 2023 10:25pm Feb 26, 2023 10:25pm
Quoting jordiHK
It's going down, but I see some Divergence now, so I expect a pullback soon. Bought at 1807,10.
SL moved to BE. Let's see if can reach 1813,8X again.
  • #5,277
  • Feb 27, 2023 1:00am Feb 27, 2023 1:00am
to 1800th or to 1820th
H4
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dolce vita
  • #5,278
  • Feb 27, 2023 1:05am Feb 27, 2023 1:05am
btw.., DPP is around 1815th.., has not been printed yet but DeMark's one (1813th)
dolce vita
  • #5,279
  • Feb 27, 2023 1:06am Feb 27, 2023 1:06am
what do you think about gold for March?
I wanna keep it till 1783
  • #5,280
  • Feb 27, 2023 2:41am Feb 27, 2023 2:41am
Lets start this momentum game. Have a nice trading day everyone.
Love for all; Hatred for none.
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