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  • #28,681
  • Mar 18, 2024 7:43am Mar 18, 2024 7:43am
Quoting Xauusdscalpr
{quote} Price is bullish where on EARTH are you finding sell signals LMFAO You are pure parody there's no way you're serious.
I wonder if he hears The Sounds of Silence in the background as he watches the account balance drift lower, and lower, and lower?

It takes a lot for me to IGNORE you, but you can try.
  • #28,682
  • Mar 18, 2024 7:45am Mar 18, 2024 7:45am
Quoting MrFanciful
I was 7% up earlier. Now I've blown my account again because This kind of move is so unlikely that I have been taking every sell signal I've been getting
From Europe session opening there are only BUY signal on XAUUSD. On M5 & M15. I don't know where you have seen Sell signals. In plus, if you have a tight margin, prefer low TF cause you can have Sell signal on higher TF like H4 but the price can retrace before going in your direction
  • #28,683
  • Mar 18, 2024 7:46am Mar 18, 2024 7:46am
Why are people acting like gold is flying right now? It's moved like 15 bucks. You seriously gotta lay off the lower time frames, friends. You are going to give yourself a stroke. If you look at the daily candles yesterday, this is a pretty common price action after an almost inverted hammer, you will see a drop and retrace to at least 3/4th the previous day's candle. I would not be surprised to see price hit 2170, it doesnt have too, and it can go up as well, will be a great place to add. If 15 dollars on a trade is stressing you out, you are overleveraged and or oversized. Please take care
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TechKnow
  • #28,684
  • Mar 18, 2024 7:48am Mar 18, 2024 7:48am
Quoting Erebus
{quote} How in the Harry Potter do you get a sell signal? {image} I suggest that you do opposite of those signals, that would work!
I got reactions at the order block that was today's previous high, The there was a reaction when we took out the high, then the was 4 hour resistance when it went sideways for almost an hour and kept falling beneath my EMA and a bearish doji formed on the 15 minute chart. Now we've just made a double top on a swing high from Friday.

Basically, when I trade as if the market moves as it does with HHs and HLs, or LLs and LHs, I'm told I'm crazy to looks for retracements because it's making a really rare move in which there hasn't been a bearish candle posted within the last 15 30 minute candles.

"Mr F, you should have seen this incredibly unlikely move coming. I saw it and thats why I'm saying it was obvious after the fact and not before."
  • #28,685
  • Mar 18, 2024 7:51am Mar 18, 2024 7:51am
Quoting Techknow
Why are people acting like gold is flying right now? It's moved like 15 bucks. You seriously gotta lay off the lower time frames, friends. You are going to give yourself a stroke. If you look at the daily candles yesterday, this is a pretty common price action after an almost inverted hammer, you will see a drop and retrace to at least 3/4th the previous day's candle. I would not be surprised to see price hit 2170, it doesnt have too, and it can go up as well, will be a great place to add. If 15 dollars on a trade is stressing you out, you are overleveraged...
That's why...... I always mention in my posts that not to trade gold in less than 4H TF otherwise you are going to crushed down and that is happening now........Trade safe
  • #28,686
  • Mar 18, 2024 7:54am Mar 18, 2024 7:54am
Quoting MrFanciful
{quote} I got reactions at the order block that was today's previous high, The there was a reaction when we took out the high, then the was 4 hour resistance when it went sideways for almost an hour and kept falling beneath my EMA and a bearish doji formed on the 15 minute chart. Now we've just made a double top on a swing high from Friday. Basically, when I trade as if the market moves as it does with HHs and HLs, or LLs and LHs, I'm told I'm crazy to looks for retracements because it's making a really rare move in which there hasn't been a bearish...
As someone who has studied candles for almost 20 years.
There is no such thing as a bearish dojji on the 15-minute chart. What I mean by that is that 15-minute candles mean nothing in gold. Hourly means nothing. 4 hours and up have some meaning. Do not trust candles on smaller time frames, that is not what they are made for. Please do not fall into this trap. They take large time frames to study market pressure and give direction better based on more data in that timeframe.
TechKnow
  • #28,687
  • Mar 18, 2024 7:57am Mar 18, 2024 7:57am
Quoting Elliottway
Waiting to open weighted sell at 2162-63..
2163 good to go
SURFER
  • #28,688
  • Mar 18, 2024 7:59am Mar 18, 2024 7:59am
Quoting sclpzmalay
Just sell small lot target 2152 {image}
In my opinion all time frames showing same price with a difference in the details.
Insta
  • #28,689
  • Mar 18, 2024 8:10am Mar 18, 2024 8:10am
I would also like to remind that we are also in a downtrend
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  • #28,690
  • Mar 18, 2024 8:10am Mar 18, 2024 8:10am
Quoting MajidNouriIr
{quote} In my opinion all time frames showing same price with a difference in the details.
true but since i have started looking at bigger TF smaller TF just gives me a panic attack LOL especially when it doesn't go your way, youll end up making regrettable choices.


Thank you Techknow and parveenverma for that advice
  • #28,691
  • Mar 18, 2024 8:13am Mar 18, 2024 8:13am
Quoting MrFanciful
I would also like to remind that we are also in a downtrend {image}
Im not trying to single you out here, but this is not what you call a downtrend. We may be around the top, we may be turning, but THIS, is NOT a down trend.
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TechKnow
  • #28,692
  • Edited 10:38am Mar 18, 2024 8:19am | Edited 10:38am
Quoting Techknow
{quote}Im not trying to single you out here, but this is not what you call a downtrend. We may be around the top, we may be turning, but THIS, is NOT a down trend. {image}
I Agree with you. Have the exact idea about this downtrend .I suggest you to Just look at fundamental, your analysis are just technical as shown.also There are geopolitical reasons like wars and etc.
Insta
  • #28,693
  • Mar 18, 2024 8:22am Mar 18, 2024 8:22am
Quoting Elliottway
{quote}2163 good to go
2143 is the target. Breaking below this level. Expected real move can be..
SURFER
  • #28,694
  • Mar 18, 2024 8:23am Mar 18, 2024 8:23am
reverse or pullback time (?)
M1, ichi
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one position left
dolce vita
  • #28,695
  • Mar 18, 2024 8:25am Mar 18, 2024 8:25am
There will/must be a moderate reaction of gold to the north if the yields on 30y+10y bonds are brought down.
Yields will fall before the Fed meeting on Wednesday (via Yeanet Yellen?). The increase in yields is significant.
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  • #28,696
  • Mar 18, 2024 8:30am Mar 18, 2024 8:30am
Quoting sclpzmalay
Just sell small lot target 2152 {image}
Just close my order @2156.79 .... Hmmmm...
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study of behavior and mind,conscious and unconscious
  • #28,697
  • Mar 18, 2024 8:45am Mar 18, 2024 8:45am
Gold and gold traders are very active recently. I don't remember seeing this thread this active ever before, so thats nice.

I believe this current market is mostly driven by sellers. You need to think like you are a seller in this market.
If late sellers goes for quick gains the drop will accelerate and extend far beyond your expectations some time.
Early sellers are just stuck with a B/E below 2070 for now i think.
ma ma make me happy
  • #28,698
  • Mar 18, 2024 8:51am Mar 18, 2024 8:51am
Quoting Techknow
{quote}Im not trying to single you out here, but this is not what you call a downtrend. We may be around the top, we may be turning, but THIS, is NOT a down trend. {image}
Good job pulling up a weekly chart to make it seem like we've barely been down. Fact is we went from 2194 to 2160-2150 in a week or so. We are in a downtrend, just zoom in more from your weekly timeframe to a daily timeframe.
  • #28,699
  • Mar 18, 2024 8:51am Mar 18, 2024 8:51am
Just bought..... 0.01 Target it will break 2164
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study of behavior and mind,conscious and unconscious
  • #28,700
  • Mar 18, 2024 8:55am Mar 18, 2024 8:55am
Quoting Techknow
{quote}Im not trying to single you out here, but this is not what you call a downtrend. We may be around the top, we may be turning, but THIS, is NOT a down trend. {image}
I am 100% agree with you

but
with this:
"As someone who has studied candles for almost 20 years.
There is no such thing as a bearish dojji on the 15-minute chart. What I mean by that is that 15-minute candles mean nothing in gold. Hourly means nothing. 4 hours and up have some meaning. Do not trust candles on smaller time frames, that is not what they are made for. Please do not fall into this trap. They take large time frames to study market pressure and give direction better based on more data in that timeframe. "
https://www.forexfactory.com/thread/...5#post14798065
definitely not, sorry.., here I think you need to add:
"in my opinion or in my estimation. in my experience. personally..,"
cs we have different style and what is good for one will kill other..,

dolce vita
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