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  • #7,441
  • May 3, 2023 5:58pm May 3, 2023 5:58pm
Ask high on my chart - 2085.29.
CL dropped to monthly lows too.
This could be a reaction to drone explosion in Kremlin.
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  • #7,442
  • May 3, 2023 6:02pm May 3, 2023 6:02pm
Quoting Jolita
Ask high on my chart - 2085.29. CL dropped to monthly lows too. This could be a reaction to drone explosion in Kremlin. {image}

It is due to the PacWest bank.

The increase in gold started at the release time of the news. So they were very quick with trading
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  • #7,443
  • May 3, 2023 6:15pm May 3, 2023 6:15pm
Unbelievable all time high!
  • #7,444
  • May 3, 2023 6:34pm May 3, 2023 6:34pm
Another comment J Power pointed out they will be selling reserves, gold is no.1 reserve.
  • #7,445
  • May 3, 2023 6:36pm May 3, 2023 6:36pm
Quoting Xauusdscalpr
Pacific Western bank is collapsing and whenever a bank is failing gold goes up. I think we're going to see 2100+ this session, crazy times. My account is in big drawdown at the moment, if it reaches $2140 my account is gone
why dont u buy now to hedge it. when the prices dip lower, unhegde ur sell..
  • #7,446
  • May 3, 2023 7:06pm May 3, 2023 7:06pm
I wonder how many accounts hv been wipe out today. Be strong...
  • #7,447
  • May 3, 2023 7:11pm May 3, 2023 7:11pm
Gold Sell in London Session
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #7,448
  • May 3, 2023 7:33pm May 3, 2023 7:33pm
Early morning goldies!
Gold Reserves fattens everywhere. Still possible for 2098+..Continuing bullish trend as the retracement of 1977 of fibo level 61.8% is over..
2040-2045 has a gap in my chart need to be filled .. Weekly range hit and monthly range is at 2098..
Daily pivot at 2029..


Trade safe..
Its all about Timing!!!
  • #7,449
  • May 3, 2023 7:45pm May 3, 2023 7:45pm
Quoting Murugesh29
Hidden bullish divergence on daily... Trade safe
This is the hint on Tuesday also hidden bullish divergence on weekly too..
Its all about Timing!!!
  • #7,450
  • May 3, 2023 7:55pm May 3, 2023 7:55pm
Quoting Holypendant
{quote} why dont u buy now to hedge it. when the prices dip lower, unhegde ur sell..
because how do I know it won't go back up after I sell? whenever I tried to hedge in the past I always lose money because it gets messy, what's the best way to hedge right now? I've got two positions, 0.05lots each
  • #7,451
  • May 3, 2023 8:01pm May 3, 2023 8:01pm
Quoting aahmad29
{quote} What do you think , what will be target ? I was thinking of start buying at 2008 but first i wanted to see the targets of bearish mode.
Hello aahmad29! Good Morning from India.While you quote me that time it was midnight in India.During fed announcement I tried a sell @ 2031 during spike and after 20 minute I Pulled down my SL to 2025 and set TP @2009 and went for the sleep. I opened the laptop now with the hope of good but a huge jump and some posts of many accounts wipe out. That's why proper RR is necessary in trading to avoid these situations.Trade Safe
  • #7,452
  • May 3, 2023 8:32pm May 3, 2023 8:32pm
Quoting animedia
{quote} ok, close partial and set be.
stop loss is your account savior, lucky you guys who always use a stop loss on every transaction
Join My Signal On Telegram at @forextradingforlivingsignal
  • #7,453
  • May 3, 2023 8:36pm May 3, 2023 8:36pm
Quoting Xauusdscalpr
{quote} because how do I know it won't go back up after I sell? whenever I tried to hedge in the past I always lose money because it gets messy, what's the best way to hedge right now? I've got two positions, 0.05lots each
this is just a suggestion, lock your position, and do trading as usual to increase equity, but this time trade the right way using stop losses.
Join My Signal On Telegram at @forextradingforlivingsignal
  • #7,454
  • May 3, 2023 9:03pm May 3, 2023 9:03pm
Quoting animedia
{quote} this is just a suggestion, lock your position, and do trading as usual to increase equity, but this time trade the right way using stop losses.
If last night I did not apply SL. My account wil be mc
  • #7,455
  • May 3, 2023 9:06pm May 3, 2023 9:06pm
Im shorting to 1895.00 area. SL 2064.00
  • #7,456
  • May 3, 2023 9:33pm May 3, 2023 9:33pm
Quoting Rossidi
Im shorting to 1895.00 area. SL 2064.00
I think you are targetting 1995 or is it 1895?
  • #7,457
  • May 3, 2023 10:25pm May 3, 2023 10:25pm
Quoting parveenverma
{quote} Hello aahmad29! Good Morning from India.While you quote me that time it was midnight in India.During fed announcement I tried a sell @ 2031 during spike and after 20 minute I Pulled down my SL to 2025 and set TP @2009 and went for the sleep. I opened the laptop now with the hope of good but a huge jump and some posts of many accounts wipe out. That's why proper RR is necessary in trading to avoid these situations.Trade Safe
As i mentioned that i am looking to buy from 2008, i should have buy one position at that time
Love for all; Hatred for none.
  • #7,458
  • May 3, 2023 10:28pm May 3, 2023 10:28pm
Quoting parveenverma
{quote} Hello aahmad29! Good Morning from India.While you quote me that time it was midnight in India.During fed announcement I tried a sell @ 2031 during spike and after 20 minute I Pulled down my SL to 2025 and set TP @2009 and went for the sleep. I opened the laptop now with the hope of good but a huge jump and some posts of many accounts wipe out. That's why proper RR is necessary in trading to avoid these situations.Trade Safe
What do you think? Are you looking to sell now or waiting for retracement and then will buy because gap has already filled?
Love for all; Hatred for none.
  • #7,459
  • May 3, 2023 10:38pm May 3, 2023 10:38pm
Quoting aahmad29
{quote} What do you think? Are you looking to sell now or waiting for retracement and then will buy because gap has already filled?
For me Market has made an all time high recently and a huge pullback on H4.So my plan is to sell scalp in this retracement zone till 2035 61.8% zone of 1H or 2028, 50% zone of 4H area first and if it will be broken then 2015.Level by level quick scalping on 5M TF.It is my first choice to trade retrcement zone.Trade safe
Edit: After yesterday's boost 1H & 4H trend change confirm to bullish so I am always a trend follower and you know very well my choice will be remain Bullish until I not get any bearish signal on my chart.I have to update my all charts on weekend from 30M to Monthly after yesterday's trend change so only quick scalp in these situations.
  • #7,460
  • May 3, 2023 10:40pm May 3, 2023 10:40pm
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Love for all; Hatred for none.
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