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  • #13,041
  • Edited 12:26pm Jul 20, 2023 12:14pm | Edited 12:26pm
Quoting ghwatson19
Does anyone believe we will see the weekly low of 1945 again before going above 2000? I see it reaching that before ultimately going up.
Assuming it stays in the channel, it should reach 2000 either Monday or Tuesday. Price came down to the 50% fib level inside a 4hr support zone intersecting the bottom of the uptrend channel.
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  • #13,042
  • Jul 20, 2023 12:36pm Jul 20, 2023 12:36pm
Quoting Pipsolengelo
{quote} same here. I hope it does not re enter the 1952-1962 range. There it will be tough to deduce where it will be heading next
Probably not. After the unemployment results came the bears would have dropped the price down to the 1960-1950 range atleast. There was only 10k difference so not much effect. If the price stays above the trendline and makes a demand zone i will wait for some retracement and then go long at 1969-1967.
  • #13,043
  • Jul 20, 2023 12:48pm Jul 20, 2023 12:48pm
M1 ichi, last scalping
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mostly long.., going against the trend.., few position left
dolce vita
  • #13,044
  • Jul 20, 2023 1:18pm Jul 20, 2023 1:18pm
Quoting fontu
retest 67 to see long can test 72 +, 75 .. ,. sl previous low ! {image} {image}
So keeping long as it is as waIting for 1972. 38 limit play and breaks should target goes to 74 +/76 + if overnight!! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #13,045
  • Jul 20, 2023 1:50pm Jul 20, 2023 1:50pm
As mentioned, bulls will defend this region. Not saying it will hold or it will not, let's see. If you desperately need to sell Gold, consider selling Silver instead. Silver is under $24.900 which is the level bears want it to be under.
  • #13,046
  • Jul 20, 2023 1:53pm Jul 20, 2023 1:53pm
_______________ ATM =
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Don’t focus on making $$$, focus on protecting what you have.
  • #13,047
  • Jul 20, 2023 2:03pm Jul 20, 2023 2:03pm
Quoting MisterMurong
{quote} Why I shorted Silver instead of Gold...today Silver is much weaker than Gold. {image}
what’s your take on silver tomorrow is it still short or long
  • #13,048
  • Jul 20, 2023 8:38pm Jul 20, 2023 8:38pm
Hi Guys. Welcome Asian Open Kill Zones. Just share my opinion. Trade safe.
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Look right, we'll see the signs
  • #13,049
  • Jul 20, 2023 9:03pm Jul 20, 2023 9:03pm
Selling Gold with TP - 1958 no SL
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  • #13,050
  • Jul 20, 2023 9:19pm Jul 20, 2023 9:19pm
Most Probably Retracement day today. Expected Range to play 1965-1980 possibly.No major economic event scheduled for today so no more volatility expected today. Any type of sudden announcements can change this prediction.Trade safe
  • #13,051
  • Edited 11:02pm Jul 20, 2023 10:34pm | Edited 11:02pm
Quoting parveenverma
Most Probably Retracement day today. Expected Range to play 1965-1980 possibly.No major economic event scheduled for today so no more volatility expected today. Any type of sudden announcements can change this prediction.Trade safe
Hope so, price correct below 68, 67 to even 65 bounce possible. Anyway 1972.38 limit cleared, lowest target near tested at 74 already overnight. Lets see
In daily tf 63 limit still hold, but not impossible breaks below for 49 to break and hold 1983.39 for higher bull target.
Usdx, as 3daily candle green already may correct further up, specially try to limit 101.50.possible to little more even. After that still bear though. So more turmoils / bigger ranges before tanking free fall as probable outcome.
So to ready for all options, my still active, sleeping during near 74 target plays!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #13,052
  • Jul 21, 2023 12:12am Jul 21, 2023 12:12am
daily ichi, TL
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...moment of truth
dolce vita
  • #13,053
  • Jul 21, 2023 12:27am Jul 21, 2023 12:27am
M30, DPPs
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...Daily Classic 84.73(R1), 75.07(PP), 62.60(S1)
Daily DeMark's 79.90(R1), 72.66(PP), 57.77(S1)

charting with fxstreet
dolce vita
  • #13,054
  • Jul 21, 2023 12:33am Jul 21, 2023 12:33am
H2 ichi
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here we've got 65-76th range

charting with fxstreet
dolce vita
  • #13,055
  • Jul 21, 2023 12:35am Jul 21, 2023 12:35am
and btw.., ADX (10) shows 40 on M30.., trend down
to bring her where (?)
dolce vita
  • #13,056
  • Jul 21, 2023 12:41am Jul 21, 2023 12:41am
Quoting babayaga
and btw.., ADX (10) shows 40 on M30.., trend down to bring her where (?)
Any prediction on how low it will go before bounce back?
  • #13,057
  • Edited 1:19am Jul 21, 2023 12:50am | Edited 1:19am
Quoting babayaga
and btw.., ADX (10) shows 40 on M30.., trend down to bring her where (?)
1965 yesterday's low watch out level today....if price cross below then next target for bears 1963,1956,1951,1945.Trade safe
Above this zone is pure bulls zone.
  • #13,058
  • Jul 21, 2023 12:51am Jul 21, 2023 12:51am
I am very thoughtful right now... Recent move seems gold has lost the 1990+ target and we are heading to Fed's announcement (mostly pure lies). Price aiming 1900?.. what are your thoughts ?
  • #13,059
  • Jul 21, 2023 12:56am Jul 21, 2023 12:56am
let's see what London brings (one hour left)
not Frankfurt
I am out until then
dolce vita
  • #13,060
  • Jul 21, 2023 1:01am Jul 21, 2023 1:01am
Quoting babayaga
let's see what London brings (one hour left) not Frankfurt I am out until then
i jus took buy entries hopefully will go bullish today, and chances of being bearish is if gold goes below 1965.
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