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  • #9,461
  • Jun 12, 2023 1:37am Jun 12, 2023 1:37am
Quoting parveenverma
{quote}Close my Buy positions before London Open. Buy again in 1959,1960 by targeting 1968 and 1973 Area.Trade safe
Hi，Bro.
Do you think gold will continue to rise? Can you share your reasoning?
Just follow the trend.
  • #9,462
  • Jun 12, 2023 1:38am Jun 12, 2023 1:38am
Honestly, the weird move in gold has me confused. Add to that the upcoming data releases and the risk continues to increase.
Just follow the trend.
  • #9,463
  • Jun 12, 2023 1:48am Jun 12, 2023 1:48am
Quoting lucaswalliam
{quote} Hi，Bro. Do you think gold will continue to rise? Can you share your reasoning?
No Dear.....As I mentioned in my previous posts that until Hourly will not be stabled I will only Scalp Gold by level by level...4H also seems to be went in sideways so positioning can become dangerous. I am targeting levels and nearby liquidity around those levels.Until untested level at 2002-2006 area is not tested market will be make this fog dance continue. So positioning for me will be possible after price will test that area.Trade safe
  • #9,464
  • Jun 12, 2023 1:49am Jun 12, 2023 1:49am
Quoting lucaswalliam
Honestly, the weird move in gold has me confused. Add to that the upcoming data releases and the risk continues to increase.
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this is what I see now..... looks like gold still have some momentum for bullish... but anything can change...
  • #9,465
  • Jun 12, 2023 1:52am Jun 12, 2023 1:52am
try to use something simple and clear to your eyes.
few lines can give you the story line.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #9,466
  • Jun 12, 2023 2:02am Jun 12, 2023 2:02am
when I change the hma to 5 min tf... looks like its going to be a rebounce to bearish.. hahaha
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  • #9,467
  • Jun 12, 2023 2:25am Jun 12, 2023 2:25am
Quoting Zairul
when I change the hma to 5 min tf... looks like its going to be a rebounce to bearish.. hahaha {image}
1955 1953
  • #9,468
  • Jun 12, 2023 3:08am Jun 12, 2023 3:08am
Gold next destination is likely 1970.4
  • #9,469
  • Jun 12, 2023 3:17am Jun 12, 2023 3:17am
looks like she want to dance like this...
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  • #9,470
  • Jun 12, 2023 3:31am Jun 12, 2023 3:31am
Quoting Inthebox
try to use something simple and clear to your eyes. few lines can give you the story line. {image}
result
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ITB - Seeing Orderliness amongst 'Randomness'
  • #9,471
  • Jun 12, 2023 4:10am Jun 12, 2023 4:10am
Possible down reverse area

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  • #9,472
  • Jun 12, 2023 4:43am Jun 12, 2023 4:43am
Quoting aahmad29
Update positions: Sell 1961 TP 1955
Update positions:

Sell 1961 TP 1955
Sell Limit @ 1970 TP 1961
Love for all; Hatred for none.
  • #9,473
  • Jun 12, 2023 4:43am Jun 12, 2023 4:43am
Gold is going to be Long for a long time. See these Charts: H4 and W1

Firstly, let the price clear 1984ish level
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Allow the Market to get to your target entry...
  • #9,474
  • Jun 12, 2023 4:51am Jun 12, 2023 4:51am
hehehe... sometimes its fun to play with trading view.... looks like bull momentum still strong..
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  • #9,475
  • Jun 12, 2023 4:56am Jun 12, 2023 4:56am
Quoting Inthebox
{quote} result {image}
You can dance the dance because you can interpret the market rhythm, it all start with a single line.
  • #9,476
  • Jun 12, 2023 5:28am Jun 12, 2023 5:28am
Equilibrium
One of the best in the business
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  • #9,477
  • Jun 12, 2023 5:35am Jun 12, 2023 5:35am
Quoting letuak
{quote} You can dance the dance because you can interpret the market rhythm, it all start with a single line.
one has to know the temperamental miss gold and know what she wants.
she a little overweight too.
after having taken out the sell side liquidity at previous day low, she became heavier.
one single upward trend line is not able to support her weight.
so fib 62 from 8june new york low to high came to help out.
ITB - Seeing Orderliness amongst 'Randomness'
  • #9,478
  • Jun 12, 2023 5:57am Jun 12, 2023 5:57am
Quoting aahmad29
{quote} Update Positions Sell 1959 TP 1950 (closed at 1954) No active position at this moment
I am selling from 1965 tp1958
Let's see
  • #9,479
  • Jun 12, 2023 6:15am Jun 12, 2023 6:15am
Quoting Inthebox
{quote} one has to know the temperamental miss gold and know what she wants. she a little overweight too. after having taken out the sell side liquidity at previous day low, she became heavier. one single upward trend line is not able to support her weight. so fib 62 from 8june new york low to high came to help out.
Nice one, the ballet continues.
  • #9,480
  • Jun 12, 2023 6:43am Jun 12, 2023 6:43am
Quoting tupat
Looks like going down before up. Long 1956 sl 1948
Exit 1963 +70pips
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