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  • #29,981
  • Apr 1, 2024 7:44am Apr 1, 2024 7:44am
buy
target 2065
  • #29,982
  • Apr 1, 2024 7:49am Apr 1, 2024 7:49am
Quoting Raadco
buy target 2065
no no, sell from 2250 and tp 2210
  • #29,983
  • Apr 1, 2024 8:00am Apr 1, 2024 8:00am
Quoting Blavity01
{quote} Are you still holding?
stopped out at 2248 level.. retracement started..

Depends on the PA, soon we will come to know retracement or trend reversal..

Quoting QweenOfTrade
{quote} 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
Some traders holding sell from 2150. its not good idea for me. selling is good, when pull back time. just now i found on the chart, why this pullback. am planning to sell from 2255-58.
SURFER
  • #29,984
  • Apr 1, 2024 8:09am Apr 1, 2024 8:09am
Quoting Bikrompur
{quote} no no, sell from 2250 and tp 2210
Congratulations because you are going to make your account zero by trading in the opposite direction
  • #29,985
  • Apr 1, 2024 8:18am Apr 1, 2024 8:18am
regardless of the PA u have to stay nimble. I have seen gold reverse 500 dollars many times before. the latest memory I have is of 2013 when it fell from 1500 to 1000 odd. so don't get carried away and stay hedged. gold is trying to factor in high inflation as well as low interest rates. one of them is false indicator. this week's data will clear the air on June rate cut
  • #29,986
  • Apr 1, 2024 8:31am Apr 1, 2024 8:31am
Holding sell from 2257 for decent target with stoploss last swing above.

Quoting Elliottway
Holding sell from 2257 for decent target with stoploss last swing above.
some time. am planning something.. but, PA doing something else.. what to do.

we have to follow market. Market never follow us.

I know the final TP. i will buy there. until then keep selling on every rise. if any changes.. will share my opinion. Take care..
SURFER
  • #29,987
  • Apr 1, 2024 8:50am Apr 1, 2024 8:50am
Quoting Elliottway
Holding sell from 2257 for decent target with stoploss last swing above.
nice one, sell from the high for a decent target
hope there wont be noise today after pmi, price should test 2220 at least
we live, learn and earn for tomorrow
  • #29,988
  • Apr 1, 2024 8:51am Apr 1, 2024 8:51am
short @ 2242
ma ma make me happy
  • #29,989
  • Apr 1, 2024 9:01am Apr 1, 2024 9:01am
Quoting Raadco
{quote} Congratulations because you are going to make your account zero by trading in the opposite direction
hahahaha. Learn from mistake bro
  • #29,990
  • Apr 1, 2024 9:01am Apr 1, 2024 9:01am
Bear will start now
  • #29,991
  • Edited 9:16am Apr 1, 2024 9:03am | Edited 9:16am
Quoting chiscovico
{quote} nice one, sell from the high for a decent target hope there wont be noise today after pmi, price should test 2220 at least
selling on every rise. Full heat position..
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Quoting Elliottway
{quote} selling on every rise. Full heat position.. {image}
new one.. why dont we loose the profit. time to feel greedy.
Attached Image
SURFER
  • #29,992
  • Apr 1, 2024 9:26am Apr 1, 2024 9:26am
candid advice to those that bought above 2250 especially those that are still new into trading Gold, don't follow the trend out of fear or emotion. Whenever there occurs a massive price movements from rumour there must be correction, if the news mature then the trend continues while the reverse occurs if the news is not true. Always buy at support, Trade safe
we live, learn and earn for tomorrow
  • #29,993
  • Apr 1, 2024 9:28am Apr 1, 2024 9:28am
Quoting chiscovico
candid advice to those that bought above 2250 especially those that are still new into trading Gold, don't follow the trend out of fear or emotion. Whenever there occurs a massive price movements from rumour there must be correction, if the news mature then the trend continues while the reverse occurs if the news is not true. Always buy at support, Trade safe
The nearest support is 2220 right
  • #29,994
  • Edited 10:03am Apr 1, 2024 9:37am | Edited 10:03am
RSI of 4H and 1H are not overbought anymore.

As I said, algos reset the Stochastics and RSI 100% of time.
Quoting Jonas4
Does it matter if it goes higher? It wil drop to reset RSI and stochastics. Thats what algos do 100% of the time.
I have sells at 2264 and will still hold it, even though Im sure it will make another high near 2280.

Will add more sells until 2333 or until Daily RSI touches at least 62.
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  • #29,995
  • Apr 1, 2024 10:01am Apr 1, 2024 10:01am
Quoting luckytujuh
so being said, after seeing prices close above ath on all tf. but the candles closes almost without a wick and less gap. so this one possible movement that might happen next week pump and dump, and only if this happens, if this kind of candle appear and it closes somewhere around 2220 by next friday. then in 2 weeks time. the sell might be possible. if it continues to create a bull candle, then wait again. so basically saying there might be NO ENTRIES for one whole week next week. Because u wanna wait for confirmation since it has close above ath...

Lol i was waiting for the candle to appear by end friday. But price action candle was right.
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Trading is very lonely
  • #29,996
  • Apr 1, 2024 10:14am Apr 1, 2024 10:14am
Quoting missfx
{quote} The nearest support is 2220 right
Yes, but it seems weak
we live, learn and earn for tomorrow
  • #29,997
  • Apr 1, 2024 10:20am Apr 1, 2024 10:20am
Quoting Elliottway
{quote}stopped out at 2248 level.. retracement started.. Depends on the PA, soon we will come to know retracement or trend reversal.. {quote} Some traders holding sell from 2150. its not good idea for me. selling is good, when pull back time. just now i found on the chart, why this pullback. am planning to sell from 2255-58.
well 2150 is old seeing todays action the sellers might get what they need to get their split of the pie even the 2150 sellers
  • #29,998
  • Apr 1, 2024 10:31am Apr 1, 2024 10:31am
It looks going back to 2250
  • #29,999
  • Apr 1, 2024 10:37am Apr 1, 2024 10:37am
Quoting Gadich
It looks going back to 2250
imo great entry to sell but too risky for me to close my sell - not gonna play gamble
  • #30,000
  • Apr 1, 2024 10:39am Apr 1, 2024 10:39am
Quoting Gadich
It looks going back to 2250
no bro, its creating buyer trap.. If retrac the entry sell
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