Gold | Page 614 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Attachments: Gold
Exit Attachments

Gold

  • #12,261
  • Jul 14, 2023 3:40am Jul 14, 2023 3:40am
Buy limit at 1950 - 1952 again
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 43 KB
Click to Enlarge Name: 1.png Size: 43 KB
  • #12,262
  • Jul 14, 2023 3:40am Jul 14, 2023 3:40am
Quoting parveenverma
{quote}1954.36 is the watch-out level to reach to your target.....can create hurdle.Trade safe
got rejected bro. Super.. but, let me wait for my target as my strategy says.
Everything, what's meant to be will find its way
  • #12,263
  • Jul 14, 2023 3:43am Jul 14, 2023 3:43am
Quoting parveenverma
{quote} Update: If 1959.20 reject strongly then next drop up to 1945 is expected.Trade safe Sorry...typing mistake
i was working off 1945 yesterday but it never happened so i had to re-think/ worked out just fine though!
  • #12,264
  • Jul 14, 2023 4:25am Jul 14, 2023 4:25am
FFS...Just pick a goddamn direction.
  • #12,265
  • Jul 14, 2023 4:26am Jul 14, 2023 4:26am
If you want to increase your marginal level, what is the best option? (made some good profit last days that I´m going to use to get rid of sell positions)

1 - Sell of one 0,5 position that has entry price, lets say, 1912
2 - Sell of three 0,5 positions that has entry price in the 1930 area.

Question is... sell of one position with large drawdown or sell of multiple positions with same size that have less drawdown per position.

Both options same amount to sell of with, lets say 2500 usd
  • #12,266
  • Jul 14, 2023 4:48am Jul 14, 2023 4:48am
We're approaching 48 hours in this range now. Establishing a new floor or will it pull back?
  • #12,267
  • Jul 14, 2023 4:49am Jul 14, 2023 4:49am
Gold rose from 1893 to 1963 (this's $70) Still there's $70 rally before sharp correction. Means: 1963 + 70 = 2033. Here we go this month
  • #12,268
  • Jul 14, 2023 5:00am Jul 14, 2023 5:00am
Quoting MrFanciful
We're approaching 48 hours in this range now. Establishing a new floor or will it pull back?
Now this wait will end with then US economic data......You understand the US Dollar conditions well and predict it well also. I always avoid news trading by advance prediction but I grab some pips after news out sure because then no need to predict.Volume & volatility always give us the chance to gain some nice pipes after news.As per technical perspective..... price action required a huge retracement and next week can possibly become completely Bearish.I may be wrong.Trade safe

Update: At present if price will not cross below 1955 during this 15M candle ......Bulls can start running upward again to 1960.Trade safe
  • #12,269
  • Jul 14, 2023 5:08am Jul 14, 2023 5:08am
DXY daily candle blue so far after hitting bottom at 99.578

Possible retracement now for the index?
  • #12,270
  • Edited 5:28am Jul 14, 2023 5:13am | Edited 5:28am
Quoting Mohamed-Seit
{quote} entered sell at 1963. expecting 1950 target.. {image}
Buyer watching at 1945-42 if not 1934-30(last hope) if any break above 1963-4 next target 1972, 1980 and 2000

Sellers watching 1953-52 rejection happened till 1963-64(i entered sell) 1950-49 rejection expected till 1960(good chance to sell again) breaking below next target 19xx-xx will confirm later


Note: if bearish, buyers levels will ignored. If bullish, sellers levels will ignored.
Everything, what's meant to be will find its way
  • #12,271
  • Jul 14, 2023 5:27am Jul 14, 2023 5:27am
Quoting parveenverma
{quote} Now this wait will end with then US economic data......You understand the US Dollar conditions well and predict it well also. I always avoid news trading by advance prediction but I grab some pips after news out sure because then no need to predict.Volume & volatility always give us the chance to gain some nice pipes after news.As per technical perspective..... price action required a huge retracement and next week can possibly become completely Bearish.I may be wrong.Trade safe Update: At present if price will not cross below 1955 during...
Bulls very weak or pretend to be very weak......They got a chance to reach 1959-1960 but not able to climb a single step of that way. Bulls have to cross at least 1957.50 to reach 1959-60 otherwise bears can take the charge again.Trade safe
  • #12,272
  • Jul 14, 2023 5:35am Jul 14, 2023 5:35am
Quoting parveenverma
{quote} Bulls very weak or pretend to be very weak......They got a chance to reach 1959-1960 but not able to climb a single step of that way. Bulls have to cross at least 1957.50 to reach 1959-60 otherwise bears can take the charge again.Trade safe
Bears aren’t exactly strong either though
  • #12,273
  • Jul 14, 2023 5:39am Jul 14, 2023 5:39am
Quoting MrFanciful
{quote} Bears aren’t exactly strong either though
I usually check the strength on 5M time frame. You too please check..
Everything, what's meant to be will find its way
  • #12,274
  • Jul 14, 2023 5:41am Jul 14, 2023 5:41am
Quoting MrFanciful
{quote} Bears aren’t exactly strong either though
Yes .....that's why I expected here a chance of a little bull run.....I think now they will be wake up during the economic data release. Better to wait aside and have some rest till then.Trade safe
  • #12,275
  • Jul 14, 2023 5:44am Jul 14, 2023 5:44am
Quoting parveenverma
{quote}Yes .....that's why I expected here a chance of a little bull run.....I think now they will be wake up during the economic data release. Better to wait aside and have some rest till then.Trade safe
Hi Parveen what do you see as a potential upside target and downside target? curious if you think we'll have a pull-back to continue higher, of this push to 1960 was a retracement for us to continue lower longer-term.
  • #12,276
  • Jul 14, 2023 5:53am Jul 14, 2023 5:53am
Quoting Xauusdscalpr
{quote} Hi Parveen what do you see as a potential upside target and downside target? curious if you think we'll have a pull-back to continue higher, of this push to 1960 was a retracement for us to continue lower longer-term.
I have mentioned my key levels for both sides already but if you have not read then here are key levels.....If 1963 broken then 1968,1977,1983,1987 and 2004. if 1954.36 broken then 1945,1938,1922,23.
After today's close key levels will be change because this upswing on 4H become more wide so retracement range also will be enhance. I will update the new range during weekend while I update my charts.Trade safe
  • #12,277
  • Jul 14, 2023 6:03am Jul 14, 2023 6:03am
1H 50 moving average looks to be providing pressure to bears.
  • #12,278
  • Jul 14, 2023 6:13am Jul 14, 2023 6:13am
Quoting parveenverma
{quote}I have mentioned my key levels for both sides already but if you have not read then here are key levels.....If 1963 broken then 1968,1977,1983,1987 and 2004. if 1954.36 broken then 1945,1938,1922,23. After today's close key levels will be change because this upswing on 4H become more wide so retracement range also will be enhance. I will update the new range during weekend while I update my charts.Trade safe
Thanks Parveen appreciate the second opinion as always
  • #12,279
  • Jul 14, 2023 6:15am Jul 14, 2023 6:15am
Quoting parveenverma
{quote} Bulls very weak or pretend to be very weak......They got a chance to reach 1959-1960 but not able to climb a single step of that way. Bulls have to cross at least 1957.50 to reach 1959-60 otherwise bears can take the charge again.Trade safe
Bulls reacted but little late.....Trade safe
  • #12,280
  • Jul 14, 2023 6:20am Jul 14, 2023 6:20am
Absolute c^&t of a day.
184 traders viewing now, 9 are registered:
Jlangenbache
,
hinniayy
,
ondiss
,
Izeey007
,
NiyasHakkim
,
ZaraarKhan
,
lipopos
,
Maita.carlos
,
Price369