Gold | Page 349 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #6,961
  • Apr 19, 2023 5:23am Apr 19, 2023 5:23am
Quoting Murugesh29
{quote} Closed,h4 closed near my weekly support...see you in US session Trade safe
Yeah... you are right,
But still go down?
Until where ?!?!

Maybe support level near $1,961 ?!?!...
It is not about what you think, but what you see and your actions after!
  • #6,962
  • Edited 5:54am Apr 19, 2023 5:36am | Edited 5:54am
Power of trend seems to be on small time frame, but for long [ according average directional index(adx)]... it not so sure
and the question, given the yesterday session NY ?!?!
Until where ?!!?

Attached Image (click to enlarge)
Click to Enlarge Name: 15min_adx.png Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 1h_adx.png Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: daily_adx.png Size: 49 KB


And interesting the DXY not seems to have a power and clearly direction !?!

Attached Image (click to enlarge)
Click to Enlarge Name: dxy_daily.png Size: 60 KB
It is not about what you think, but what you see and your actions after!
  • #6,963
  • Apr 19, 2023 5:55am Apr 19, 2023 5:55am
Quoting CSCristian
{quote} Yeah... you are right, But still go down? Until where ?!?! Maybe support level near $1,961 ?!?!...
weekly low range of 1957..
Its all about Timing!!!
  • #6,964
  • Apr 19, 2023 5:59am Apr 19, 2023 5:59am
Quoting Murugesh29
{quote} weekly low range of 1957..
if bounce,it could be 1991(YL)...

Trade safe
Its all about Timing!!!
  • #6,965
  • Apr 19, 2023 5:59am Apr 19, 2023 5:59am
Quoting Murugesh29
{quote} weekly low range of 1957..
right, and montly (april)
The mostly low point
It is not about what you think, but what you see and your actions after!
  • #6,966
  • Apr 19, 2023 6:05am Apr 19, 2023 6:05am
Quoting Murugesh29
{quote} if bounce,it could be 1991(YL)... Trade safe
Maybe, but for moment still go down, not with power...
Because lunch or something break(pause)

Sure , we will see on the NY session!
It is not about what you think, but what you see and your actions after!
  • #6,967
  • Apr 19, 2023 6:15am Apr 19, 2023 6:15am
Quoting Murugesh29
{quote} weekly has bearish...
It is a interesting week, because starting tomorrow we have some events what could make some changes.
I`m not so sure, we will end the week like this.
It is not about what you think, but what you see and your actions after!
  • #6,968
  • Apr 19, 2023 8:34am Apr 19, 2023 8:34am
Quoting Murugesh29
{quote} if bounce,it could be 1991(YL)... Trade safe
Finally,bulls have some breathing...
Its all about Timing!!!
  • #6,969
  • Apr 19, 2023 8:48am Apr 19, 2023 8:48am
It doesn't happen very often having nice trend trade and then reversal.

Short from 2004 to 1975

Long 1976 to 1990
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.png Size: 55 KB
Love for all; Hatred for none.
  • #6,970
  • Apr 19, 2023 8:49am Apr 19, 2023 8:49am
Quoting Murugesh29
{quote} Finally,bulls have some breathing...
Today again market retraced from 138.2% of M30,1H TF.Maximum retracement is possible up to 1992-1993 area that becomes 61.8% again. After that down or sideways possible.4H 161.8% level can become target till Friday close.I may be wrong.Trade safe.
  • #6,971
  • Apr 19, 2023 8:50am Apr 19, 2023 8:50am
Quoting Murugesh29
{quote} if bounce,it could be 1991(YL)... Trade safe
Hit...
Its all about Timing!!!
  • #6,972
  • Apr 19, 2023 9:14am Apr 19, 2023 9:14am
Quoting parveenverma
{quote}Today again market retraced from 138.2% of M30,1H TF.Maximum retracement is possible up to 1992-1993 area that becomes 61.8% again. After that down or sideways possible.4H 161.8% level can become target till Friday close.I may be wrong.Trade safe.
1946area?
Its all about Timing!!!
  • #6,973
  • Apr 19, 2023 9:22am Apr 19, 2023 9:22am
Quoting Murugesh29
{quote} 1946area?
1995...
  • #6,974
  • Apr 19, 2023 9:24am Apr 19, 2023 9:24am
Quoting Murugesh29
{quote} 1946area?
Actually level is at 1940 but market can reverse from 1946 area if they go for the liquidity swap.So I will target 1946 first. i may be wrong.Trade safe
  • #6,975
  • Apr 19, 2023 9:30am Apr 19, 2023 9:30am
Quoting parveenverma
{quote}Today again market retraced from 138.2% of M30,1H TF.Maximum retracement is possible up to 1992-1993 area that becomes 61.8% again. After that down or sideways possible.4H 161.8% level can become target till Friday close.I may be wrong.Trade safe.
interesting, I was expecting this dip to be a liquidity grab for price to continue higher
  • #6,976
  • Apr 19, 2023 9:38am Apr 19, 2023 9:38am
Quoting Xauusdscalpr
{quote} interesting, I was expecting this dip to be a liquidity grab for price to continue higher
I thought so… let's continue the ride.
  • #6,977
  • Apr 19, 2023 9:41am Apr 19, 2023 9:41am
Quoting Xauusdscalpr
{quote} interesting, I was expecting this dip to be a liquidity grab for price to continue higher
To go higher price has to change trend of M30 & 1H first by breaking 2012 area and then change the trend of 4H by breaking 2048.Till M30 & 1H trend is down we can not expect to go prices higher than 2027-28 maximum. After break the trend of 4H we can expect 2072-2086.I may be wrong.Trade safe
  • #6,978
  • Apr 19, 2023 11:06am Apr 19, 2023 11:06am
SELL at 1993,40. Short SL. Expecting to come back to 197x (at least) soon, if can break 1987/88.
  • #6,979
  • Apr 19, 2023 11:15am Apr 19, 2023 11:15am
Quoting jordiHK
SELL at 1993,40. Short SL. Expecting to come back to 197x (at least) soon, if can break 1987/88.
too risky for me but good luck!
  • #6,980
  • Apr 19, 2023 11:33am Apr 19, 2023 11:33am
im also taking short. Wish me luck too.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-04-20-00-29-58-516_net.metaquotes.metatrader5.jpg Size: 677 KB
I lose often, but I win enough.
167 traders viewing now, 2 are registered:
Mouba77
,
Jlangenbache