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Gold futures & XAU 78 replies

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Attachments: XAU/USD & XAG/USD - Gold & Silver Traders Thread
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XAU/USD & XAG/USD - Gold & Silver Traders Thread

what happen ?
sell 1982
tp 1955
this left everyone behind driven by a strong Narrative
Retaliation Israel Hamas, the Fed, and FOMO
tempting to build a short position
yet this rock can go straight up 2020

good luck
2Longs 1Short
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Hehe no idea what those two previous posts were about.
Quoting sboy.s63
what happen ? sell 1982 tp 1955
My position has been activated
Quoting sboy.s63
{quote} My position has been activated
Can i ask what made you take that trade?
Quoting Tuxedo666
{quote} Can i ask what made you take that trade?
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Hi sboy,

Thanks for the reply

So F will be target TP at 1955 how do work your stop, out of interest do you only trade off the 1hr chart.
XAUUSD price action on the H4 time frame is bullish. Although, presently, we are seeing sideways of price action, the technical structure is bullish, and the preceding technical impulse is favorably bullish. Therefore, any southward drive would be merely corrective. We may see a bullish charge to retest the 2021.68/2007.00 supply zone (red), seen on the daily time frame , before a feasible southward rotation.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Gold down today at the moment. Think it its has a lot more correction to go. 1950.xx area possibly.
XAUUSD price action on the H4 time frame is in a bullish mode. Although it is tackling the 2005.90/2016.10 horizontal resistance zone (red), seen on the weekly time frame, we may still see further northward move.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Quoting SunTrader
Gold down today at the moment. Think it its has a lot more correction to go. 1950.xx area possibly.
Few cracks so far. Maybe FOMC tomorrow will get it going, one way or the other.

I'll wait for the break, whichever way it goes but I'm still guessing down. TWT
XAUUSD price action on the H4 time frame, which had made a bullish charge at the 2005.90/2016.10 horizontal resistance zone (red) seen on the weekly time frame, went sideways on Friday under bearish pressure. We cannot rule out further bearish push to retest an area of value such as the 1977.60 horizontal support (green) before another bullish charge at the 2005.90/2016.10 horizontal resistance zone (red).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
see more at
https://www.forexfactory.com/thread/...-trade-on-gold
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Quoting sboy.s63
see more at https://www.forexfactory.com/thread/...-trade-on-gold {image}
do you enjoy from my prediction?

update
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Quoting sboy.s63
{quote} do you enjoy from my prediction? update {image}
It was as I expected
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#GOLD / H1
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Spot Gold (Blue) and Spot Silver (Red) continue to look bearish:-

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XAUUSD price action on the H4 time frame has rejected the 2005.90/2016.10 horizontal resistance (red) and is disposed southwards. A southward liquidity engineering may target the 1908.45/1883.20 market imbalance (blue).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
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Gold TF H1 by HarmonicGanTengKur Analysis
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