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  • #22,781
  • Nov 14, 2023 8:25am Nov 14, 2023 8:25am
Quoting Fenty
{quote} Doubt it. 1960 looks like retracement area then down to 1915. CPI was lower than expected but still way above 2% on core inflation. Doesn't do much to change the higher for longer narrative
Take a look at the daily candles
And 1940 has been a strong daily support
  • #22,782
  • Nov 14, 2023 8:26am Nov 14, 2023 8:26am
Quoting mhmdghaeni
Long is done . Today is a sell day I guess
I'm still waiting for NY to reverse ....
Probably 3 Push to High of TR then back to 1946 for today .
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #22,783
  • Nov 14, 2023 8:29am Nov 14, 2023 8:29am
Quoting Murugesh29
{quote} 230 pips,still holding.... Join tele, in my profile... Trade safe
Daily closed above 66 ,like to see 88 and 2000..

Trade safe
Its all about Timing!!!
  • #22,784
  • Nov 14, 2023 8:32am Nov 14, 2023 8:32am
if Gold breaks this H4 50 EMA, then it will take out 2005 level.
Attached Image (click to enlarge)
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  • #22,785
  • Nov 14, 2023 8:36am Nov 14, 2023 8:36am
Quoting Murugesh29
{quote} Daily closed above 66 ,like to see 88 and 2000.. Trade safe
300 pips running Profit...
Edit:370+ pips running profit now .
Its all about Timing!!!
  • #22,786
  • Nov 14, 2023 8:38am Nov 14, 2023 8:38am
Quoting mhmdghaeni
{quote} For leg 2 1966 is the Max .
yes bro, as i said 1 more hour. I'll short from 1966-68
  • #22,787
  • Nov 14, 2023 8:43am Nov 14, 2023 8:43am
1966 breached, leg two complete. Sell should be forming in next 20 minutes.
Secret to the Price Action is Liquidity.
  • #22,788
  • Nov 14, 2023 8:52am Nov 14, 2023 8:52am
just unstoppable , more than enough running . checking pa, limits down for up 1961.42, and 1958.93 . take care still
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GOLDM30.png Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,789
  • Nov 14, 2023 9:08am Nov 14, 2023 9:08am
Quoting S3000
{quote} Take a look at the daily candles And 1940 has been a strong daily support
This is just USD weakness, gold isn't going anywhere. USD won't continue like this for long and the gold trend will continue down. EUR just announced negative growth, will be in recession officially next year, they'll cut rates before the US. This is an overreaction for me, US is much more positive than other G7 countries
  • #22,790
  • Nov 14, 2023 9:31am Nov 14, 2023 9:31am
checking dx , broken 1 confirmation for down , so likely below 102.81 play continues to 100 ok
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #22,791
  • Nov 14, 2023 9:44am Nov 14, 2023 9:44am
Quoting iusman23
1966 breached, leg two complete. Sell should be forming in next 20 minutes.
Typical me. I'm ahead on that score. Hope I haven't jumped the gun!
  • #22,792
  • Nov 14, 2023 9:47am Nov 14, 2023 9:47am
Quoting andrewbarker
{quote} Thanks, I find the concept of a middle line very helpful. Plus or minus .... now that would be asking too much I fear! ;-)
Thoughts on an update. Feels like (dangerous sentiment) it's peaked, hopefully as I'm set at 1965.23!
  • #22,793
  • Nov 14, 2023 9:56am Nov 14, 2023 9:56am
Quoting andrewbarker
{quote} Typical me. I'm ahead on that score. Hope I haven't jumped the gun!
i'm new to trading so I don't know if I was right or not, waiting for confirmation before selling.
Secret to the Price Action is Liquidity.
  • #22,794
  • Nov 14, 2023 10:05am Nov 14, 2023 10:05am
I entered a sell and I guess it was a wrong decision.
Secret to the Price Action is Liquidity.
  • #22,795
  • Nov 14, 2023 10:12am Nov 14, 2023 10:12am
Quoting iusman23
I entered a sell and I guess it was a wrong decision.
done the same
  • #22,796
  • Nov 14, 2023 10:14am Nov 14, 2023 10:14am
Quoting Silo00
{quote} done the same
I don't see any senior on sell with us,
Secret to the Price Action is Liquidity.
  • #22,797
  • Nov 14, 2023 10:26am Nov 14, 2023 10:26am
Quoting iusman23
I entered a sell and I guess it was a wrong decision.
As a newbie too, I would suggest you wait longer than 20-30 mins before deciding you've made a mistake. Give it time! Maybe!
  • #22,798
  • Nov 14, 2023 10:32am Nov 14, 2023 10:32am
Quoting andrewbarker
{quote} As a newbie too, I would suggest you wait longer than 20-30 mins before deciding you've made a mistake. Give it time! Maybe!
You're right, I closed half of my lot in loss of $10 and decided the rest to run and let's see what happens.
Secret to the Price Action is Liquidity.
  • #22,799
  • Nov 14, 2023 10:37am Nov 14, 2023 10:37am
Quoting iusman23
{quote} You're right, I closed half of my lot in loss of $10 and decided the rest to run and let's see what happens.
Well I've been told not to close if at all possible. You will lose your margin money AND profit guaranteed. It actually achieves very little. I split trades too, but I'm not so sure it's such a brilliant idea either. I'm still learning .... sometimes the hard way
  • #22,800
  • Nov 14, 2023 10:45am Nov 14, 2023 10:45am
closewise daily close target gold 1973 + to get 1982.47 next
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDDaily.png Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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