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  • #29,961
  • Mar 31, 2024 10:20pm Mar 31, 2024 10:20pm
Quoting WavesTech
Gold above USD 2250 after a strong start to the week https://www.forexlive.com/news/gold-...week-20240401/ i did post a month or so we are going to 2700 good luck everybody
yes buy here for 3000 target possibly.. seriously the kind of bullish targets traders have here on gold I won't be amused if they will be left with no pants. 2268 is a resistance for now and it won't do much moment from here on until US is back

Quoting hanz1881
Gold still in uptrend in my view {image}
gold is definitely in uptrend but not like we are going to get 2500 overnight. markets don't move like that.
  • #29,962
  • Mar 31, 2024 10:45pm Mar 31, 2024 10:45pm
I see alot of ppl margin call & stop out now
study of behavior and mind,conscious and unconscious
  • #29,963
  • Mar 31, 2024 10:46pm Mar 31, 2024 10:46pm
Quoting M.Fadly
Waiting momentum again I Will back US market{image}
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #29,964
  • Mar 31, 2024 10:47pm Mar 31, 2024 10:47pm
Quoting Elliottway
Holding buy on gold target around 2320. I will trail the stop every support below. {quote}time to be greedy. When others are fearful. We should be greedy. Please don't hold sell. Careful. Just sharing my opinion.
price making ATH every day, why do you think 2320?
FIB extension/projection?


psychology 2300 will not be easy to reach or breach
  • #29,965
  • Mar 31, 2024 10:47pm Mar 31, 2024 10:47pm
2284 is the target I see for this gold rally. I don't think it runs beyond that. the number of traders who have shorted in this 2000-2100 area is way too far. so we will remain up for today at least
  • #29,966
  • Mar 31, 2024 10:59pm Mar 31, 2024 10:59pm
Quoting Whale
{quote} price making ATH every day, why do you think 2320? FIB extension/projection? psychology 2300 will not be easy to reach or breach
do you know how many traders have shorted gold in past 10 days? the number is quite substantial. usually when that's the case the market reverses to the other side. nothing to do with fundamentals , psychology or otherwise
  • #29,967
  • Mar 31, 2024 11:36pm Mar 31, 2024 11:36pm
until we see break of structure, gold is still bullish
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Profit is on the other side of your mind
  • #29,968
  • Apr 1, 2024 12:52am Apr 1, 2024 12:52am
Quoting Whale
{quote} price making ATH every day, why do you think 2320? FIB extension/projection? psychology 2300 will not be easy to reach or breach
price action on the peak mode. Round number based prediction as 23 hundred. Once there. Retracement will join. Later on final spike cane be. I believe 2400. This is current scenario.

If any changes on the price action. Target and retracement will change.

Anything can happen. Depends on the pullback. Target and waves count will differ.

Quoting giveachance
{quote} do you know how many traders have shorted gold in past 10 days? the number is quite substantial. usually when that's the case the market reverses to the other side. nothing to do with fundamentals , psychology or otherwise
if anyone short at this situation. Must be a gambler or looser all the time.
SURFER
  • #29,969
  • Apr 1, 2024 1:19am Apr 1, 2024 1:19am
Quoting giveachance
{quote} do you know how many traders have shorted gold in past 10 days? the number is quite substantial. usually when that's the case the market reverses to the other side. nothing to do with fundamentals , psychology or otherwise
If market does that - that exactly the psychology Gold is playing against. It is playing against a normal traders' psychology - thats why most of the sellers are on short.

well im also on the same boat and I have my shorts at 2082-84 & 2100. However, whenever I feel that the market is going in opposite direction, I keep my position open and trade afresh, so I have bought and sold (scalping) and made some money intermittently. Also, to keep the old positions open and retain margin, I have added more funds. Thats How I've kept alive in the market till now. Well I'm also earning overnight charges from these positions meanwhile - so not a problem.

This too shall pass.
Good or bad, this too shall pass...!!
  • #29,970
  • Apr 1, 2024 1:54am Apr 1, 2024 1:54am
WE SHALL BE PROFITABLE THIS WEEK INSHALLAH
ryoiki tenkai : Blue Juggernaut
  • #29,971
  • Apr 1, 2024 2:10am Apr 1, 2024 2:10am
Quoting giveachance
2284 is the target I see for this gold rally. I don't think it runs beyond that. the number of traders who have shorted in this 2000-2100 area is way too far. so we will remain up for today at least
i have 2 long term 2.5 Ict standard deviation on 2283\4
usually i use it for profit take, but i will watch PA when it get there
  • #29,972
  • Apr 1, 2024 2:36am Apr 1, 2024 2:36am
Quoting Zebi
heres two hourly charts...one futures and other spot im still holding my shorts and im 3000 dollars underwater because of the runup not for technical reasons but all because of the rollover to a new futures contract ill hold for another 2000 dollar drawdown and close if my loss gets to be 5000... im hoping for a drop next week since this week was just artificial manipulation because of the futures switchover from the expiring march contract to the new june contract learn the basics of trading gentlemen ..... futures rule over spot because...
hahah... just read it, loved it.
Good or bad, this too shall pass...!!
  • #29,973
  • Apr 1, 2024 2:52am Apr 1, 2024 2:52am
My Daily Pivots & Range
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  • #29,974
  • Apr 1, 2024 3:12am Apr 1, 2024 3:12am
Cant even imgine if the price really tap 2300 tonight.
Trading is very lonely
  • #29,975
  • Apr 1, 2024 3:34am Apr 1, 2024 3:34am
Quoting Elliottway
{quote}price action on the peak mode. Round number based prediction as 23 hundred. Once there. Retracement will join. Later on final spike cane be. I believe 2400. This is current scenario. If any changes on the price action. Target and retracement will change. Anything can happen. Depends on the pullback. Target and waves count will differ. {quote} if anyone short at this situation. Must be a gambler or looser all the time.
So untrue, shorts can win too. Must be open minded otherwise you are not a trader I am one of those shorters and like being on this side with this pair. Break even on gold is 2220 for me - which is not bad as we are close to this level anyways... im shorting till I hit a big TP personally. Anyone should short as long as they have a plan. Like I will not Trade more than 1% for every $25 it goes up or down at this level. Patience for the shorts it will come and if not it will strike later
  • #29,976
  • Apr 1, 2024 4:48am Apr 1, 2024 4:48am
Quoting Elliottway
Holding buy on gold target around 2320. I will trail the stop every support below. {quote}time to be greedy. When others are fearful. We should be greedy. Please don't hold sell. Careful. Just sharing my opinion.
Are you still holding?
  • #29,977
  • Apr 1, 2024 5:05am Apr 1, 2024 5:05am
2249.91 is a middle of daily
dolce vita
  • #29,978
  • Apr 1, 2024 7:05am Apr 1, 2024 7:05am
2221 is the pivot point. regardless of the data today it should not fall below that. if it happens a deeper correction can come
  • #29,979
  • Apr 1, 2024 7:05am Apr 1, 2024 7:05am
Quoting ParthSharma
{quote} If market does that - that exactly the psychology Gold is playing against. It is playing against a normal traders' psychology - thats why most of the sellers are on short. well im also on the same boat and I have my shorts at 2082-84 & 2100. However, whenever I feel that the market is going in opposite direction, I keep my position open and trade afresh, so I have bought and sold (scalping) and made some money intermittently. Also, to keep the old positions open and retain margin, I have added more funds. Thats How I've kept alive in the...
there is lot of support between now 2246 to 2100.
  • #29,980
  • Apr 1, 2024 7:28am Apr 1, 2024 7:28am
gold -5min
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