Be Calm In Every Situation
- #30,462
- Apr 8, 2024 4:12am Apr 8, 2024 4:12am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,474 Posts
Gold has already done half of its last week's range, just in one session that's also without the help of any news. NY open will be interesting. 
Success = Practice + Patience + Persistence
- #30,464
- Apr 8, 2024 4:15am Apr 8, 2024 4:15am
- Joined Nov 2010 | Status: Moving forward | 2,138 Posts
Hello Monday, Hello traders.
Lets have good trading week.
First for the week ,shorted,
Trade safe, gold is messy
Lets have good trading week.
First for the week ,shorted,
Trade safe, gold is messy
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return:
-95.4%
- #30,465
- Apr 8, 2024 4:17am Apr 8, 2024 4:17am
Hello Monday, Hello traders. Lets have good trading week. First for the week ,shorted, Trade safe, gold is messy
Be Calm In Every Situation
- #30,466
- Apr 8, 2024 4:21am Apr 8, 2024 4:21am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,365 Posts
{quote} 2318 is liquidity level for buy. pullback is possible for me at 2322.Let's trade every pa moves
{quote} 2322 pullback target is 2330. re-entry sell for me..
- #30,467
- Apr 8, 2024 4:22am Apr 8, 2024 4:22am
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
{quote} Dont follow me tho, i swing trade
SURFER
- #30,468
- Apr 8, 2024 4:26am Apr 8, 2024 4:26am
- Joined Nov 2010 | Status: Moving forward | 2,138 Posts
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return:
-95.4%
So this is what keeps me awake at night:
See this structure where the price goes up 600 USD without any serious retracement ?????
Now look where we are now:
The price MAY go up to 2594 without any serious retracement. I know it seems insane but it has happened before, so there is no reason that it won't happen again.
I will short this pair, but not a lot because being short is not what you want to be. ALSO there is a reason why the swaps for buy are so high.
See this structure where the price goes up 600 USD without any serious retracement ?????
Now look where we are now:
The price MAY go up to 2594 without any serious retracement. I know it seems insane but it has happened before, so there is no reason that it won't happen again.
I will short this pair, but not a lot because being short is not what you want to be. ALSO there is a reason why the swaps for buy are so high.
- #30,472
- Apr 8, 2024 4:37am Apr 8, 2024 4:37am
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
{quote} Dont follow me tho, i swing trade
️If anything happens. Loss also minimal and profit will be endless.
SURFER
- #30,473
- Apr 8, 2024 4:42am Apr 8, 2024 4:42am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,365 Posts
{quote} are you planning to hold for 2282 and 2157 ? Between, we can trade every up and downs.
- #30,474
- Apr 8, 2024 4:44am Apr 8, 2024 4:44am
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,365 Posts
- #30,475
- Apr 8, 2024 4:47am Apr 8, 2024 4:47am
- Joined Mar 2024 | Status: Wave Mastery | 1,183 Posts
{quote} {image}
Anyway. Thanks
SURFER
- #30,477
- Edited 7:19am Apr 8, 2024 4:56am | Edited 7:19am
So this is what keeps me awake at night: {image} See this structure where the price goes up 600 USD without any serious retracement ????? Now look where we are now: {image} The price MAY go up to 2594 without any serious retracement. I know it seems insane but it has happened before, so there is no reason that it won't happen again. I will short this pair, but not a lot because being short is not what you want to be. ALSO there is a reason why the swaps for buy are so high.
2019 was the recovering period, Gold recovered after falling down from its ATH (2011). While Gold in 2024 keeps reaching new ATH week by week.
One more thing to consider, if you look at 2011, 2020 and 2022, when Gold reached new ATH, Gold went down hard right on the next month
- #30,479
- Apr 8, 2024 5:28am Apr 8, 2024 5:28am
- Joined May 2021 | Status: Trader | 1,128 Posts
Bought gold {image}
