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Gold

  • #24,001
  • Dec 11, 2023 2:11am Dec 11, 2023 2:11am
91 should hold for the time being I guess it's pretty strong buy zone, retrace above 2000 now before dropping to lows again maybe at NY opening
  • #24,002
  • Dec 11, 2023 2:23am Dec 11, 2023 2:23am
Quoting d1zzy
91 should hold for the time being I guess it's pretty strong buy zone, retrace above 2000 now before dropping to lows again maybe at NY opening
I see a strong retracement from the 1987 area.
Secret to the Price Action is Liquidity.
  • #24,003
  • Dec 11, 2023 2:28am Dec 11, 2023 2:28am
Here's a thing. Whenever gold makes a huge move SELL/BUY without any clue (No news, no world event). That moves gets retraced for sure.
Like gold dumped to 1991 now and it is retracing.
Secret to the Price Action is Liquidity.
  • #24,004
  • Dec 11, 2023 2:41am Dec 11, 2023 2:41am
Quoting iusman23
Here's a thing. Whenever gold makes a huge move SELL/BUY without any clue (No news, no world event). That moves gets retraced for sure. Like gold dumped to 1991 now and it is retracing.
that's interesting observation..how do you define the huge?
Gold Price Channels
  • #24,005
  • Dec 11, 2023 2:46am Dec 11, 2023 2:46am
Quoting GPChannels
{quote} that's interesting observation..how do you define the huge?
To be very honest, I've been trading gold for 3 months and haven't touched any other pair. Every single time when gold did this kind of movement, it went for a retracement and it went exactly to the same point where it started its movement.
But I am still unable to find out why gold makes such moves and then recorrect itself. But the correction process is where I take entry with confirmation.
Secret to the Price Action is Liquidity.
  • #24,006
  • Dec 11, 2023 2:55am Dec 11, 2023 2:55am
Quoting iusman23
{quote} To be very honest, I've been trading gold for 3 months and haven't touched any other pair. Every single time when gold did this kind of movement, it went for a retracement and it went exactly to the same point where it started its movement. But I am still unable to find out why gold makes such moves and then recorrect itself. But the correction process is where I take entry with confirmation.
at the moment, I can see that the current M15's huge bear candle retraced almost to the open candle
Gold Price Channels
  • #24,007
  • Dec 11, 2023 3:04am Dec 11, 2023 3:04am
Quoting GPChannels
{quote} at the moment, I can see that the current M15's huge bear candle retraced almost to the open candle
It does retrace moves like this everytime.
Secret to the Price Action is Liquidity.
  • #24,008
  • Dec 11, 2023 3:08am Dec 11, 2023 3:08am
Quoting iusman23
Here's a thing. Whenever gold makes a huge move SELL/BUY without any clue (No news, no world event). That moves gets retraced for sure. Like gold dumped to 1991 now and it is retracing.
and then it goes down to 1984?
Be Calm In Every Situation
  • #24,009
  • Dec 11, 2023 3:12am Dec 11, 2023 3:12am
Quoting iusman23
{quote} Follow price action, support and resistance. You'll know when to enter with confirmation and when price can retrace. If you still now getting it, let me know. Will be explaining in detail with my charts.
do you have a telegram username I can contact you on? I need to discuss something with you sir
  • #24,010
  • Dec 11, 2023 3:20am Dec 11, 2023 3:20am
Quoting sambhav30
{quote} and then it goes down to 1984?
Yes, waiting for closing on H1, then entering sell.
Secret to the Price Action is Liquidity.
  • #24,011
  • Dec 11, 2023 3:22am Dec 11, 2023 3:22am
Quoting Tolpeters
{quote} do you have a telegram username I can contact you on? I need to discuss something with you sir
I don't use telegram, you can get in touch on Instagram.
Secret to the Price Action is Liquidity.
  • #24,012
  • Dec 11, 2023 3:22am Dec 11, 2023 3:22am
Quoting iusman23
{quote} Yes, waiting for closing on H1, then entering sell.
below 1992 is it?
Be Calm In Every Situation
  • #24,013
  • Dec 11, 2023 3:30am Dec 11, 2023 3:30am
Quoting sambhav30
{quote} below 1992 is it?
below 1994-95.
still it's rejecting 91 area. If it closes below 91 and takes support, I will enter sell.
Secret to the Price Action is Liquidity.
  • #24,014
  • Dec 11, 2023 3:39am Dec 11, 2023 3:39am
Quoting iusman23
{quote} I don't use telegram, you can get in touch on Instagram.
I don’t use Instagram either but I do Facebook and WhatsApp if you don’t mind
  • #24,015
  • Dec 11, 2023 3:42am Dec 11, 2023 3:42am
Quoting Tolpeters
{quote} I don’t use Instagram either but I do Facebook and WhatsApp if you don’t mind
why don't you consider e-mail?
Gold Price Channels
  • #24,016
  • Dec 11, 2023 3:45am Dec 11, 2023 3:45am
Quoting GPChannels
{quote} why don't you consider e-mail?
Be Calm In Every Situation
  • #24,017
  • Dec 11, 2023 3:45am Dec 11, 2023 3:45am
Quoting GPChannels
{quote} why don't you consider e-mail?
I have a better option, why don't you DM me here on FF?
Secret to the Price Action is Liquidity.
  • #24,018
  • Dec 11, 2023 3:45am Dec 11, 2023 3:45am
I shorting Gold from 1996

going to see what 1990 reacts
Gold Price Channels
  • #24,019
  • Dec 11, 2023 3:53am Dec 11, 2023 3:53am
Quoting iusman23
{quote} I have a better option, why don't you DM me here on FF?
I don’t have a problem with that as long as we can communicate. I don’t Ff has a Dm please send me a text so I can reply thank you
  • #24,020
  • Dec 11, 2023 3:58am Dec 11, 2023 3:58am
Quoting iusman23
{quote} I have a better option, why don't you DM me here on FF?
Be Calm In Every Situation
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