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  • #32,061
  • Apr 30, 2024 2:36pm Apr 30, 2024 2:36pm
Quoting GoldEmpire
{quote} Good call! Next movement?
Waiting for 2300 or 2314 to sell again!

Trade Safe
It's all about Timing!!!
  • #32,062
  • Apr 30, 2024 3:24pm Apr 30, 2024 3:24pm
Gold - 15min
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  • #32,063
  • Apr 30, 2024 3:37pm Apr 30, 2024 3:37pm
Quoting GoldEmpire
{quote} Waiting for 2300 or 2314 to sell again! Trade Safe
Omg it's falling again
It's all about Timing!!!
  • #32,064
  • Apr 30, 2024 3:49pm Apr 30, 2024 3:49pm
Quoting GoldEmpire
{quote} Omg it's falling again
The real WATERFALL!!!
It's all about Timing!!!
  • #32,065
  • Apr 30, 2024 3:55pm Apr 30, 2024 3:55pm
Missed again nice trades cant short cant long, if i long it falls more. Ffs
  • #32,066
  • Apr 30, 2024 4:00pm Apr 30, 2024 4:00pm
Quoting Kaabakas
Missed again nice trades cant short cant long, if i long it falls more. Ffs
Yes hit sl 86...
It's all about Timing!!!
  • #32,067
  • Apr 30, 2024 4:05pm Apr 30, 2024 4:05pm
so what's next maybe 2280?
  • #32,068
  • Apr 30, 2024 4:33pm Apr 30, 2024 4:33pm
no signs of consolidation on any TF < H4
lets watch 2250 if we keep sliding
ma ma make me happy
  • #32,069
  • Apr 30, 2024 7:47pm Apr 30, 2024 7:47pm
daily chart. There may be a bounce on the trend line...
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Its all just one persons opinion
  • #32,070
  • Edited May 1, 2024 10:47am Apr 30, 2024 8:21pm | Edited May 1, 2024 10:47am
short at 2287
SL : 2295
TP : TBD
______________
add Short at 2287
SL : 2291
TP : 2285 (tp hit)
__________________
Short at 2285.5
SL : 2289.50 (sl hit)
TP : 2282
‐------------------------------
Short at 2307
SL : 2312
TP : TBD
_________________
MINUS, -80 pip
  • #32,071
  • Apr 30, 2024 8:52pm Apr 30, 2024 8:52pm
Quoting NextElliott
2294
2295
  • #32,072
  • Apr 30, 2024 10:02pm Apr 30, 2024 10:02pm
After seven h4 black candle one white candle, again continues to fall 2254 area...
Monthly support broken weekly support broken...any up move will be selling....

Trade Safe
It's all about Timing!!!
  • #32,073
  • Apr 30, 2024 10:07pm Apr 30, 2024 10:07pm
i think it will retrace to resistance 2302 approx and then continue its fall
Be Calm In Every Situation
  • #32,074
  • Edited 11:02pm Apr 30, 2024 10:51pm | Edited 11:02pm
Checking pa, nearest support 2265, now bottom 2284.84 may not hold, while limit up 2290, too near to correct, though slowly trying to breakout up or a bottom formation. Anyway breaks now bottom may another level down towards 2265 possible. Watching
Broken bottom, nearest limit 2285.48, if hold better will watch for down, but down may step by step, zigzag!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #32,075
  • Apr 30, 2024 11:56pm Apr 30, 2024 11:56pm
H1, MPPs, Classic&DeMark's, of May&Aprile

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https://www.tradingview.com/x/zU9I2FkQ/
charting with fxstreet "after all"
dolce vita
  • #32,076
  • May 1, 2024 12:06am May 1, 2024 12:06am
Quoting fontu
Checking pa, nearest support 2265, now bottom 2284.84 may not hold, while limit up 2290, too near to correct, though slowly trying to breakout up or a bottom formation. Anyway breaks now bottom may another level down towards 2265 possible. Watching Broken bottom, nearest limit 2285.48, if hold better will watch for down, but down may step by step, zigzag! {image}
Good day Sir I enjoy your analysis please can you explain what is pa.Thank you.
average dude treading water
  • #32,077
  • May 1, 2024 12:23am May 1, 2024 12:23am
Quoting babayaga
H1, MPPs, Classic&DeMark's, of May&Aprile {image} https://www.tradingview.com/x/zU9I2FkQ/ charting with fxstreet "after all"
once more, with more levels
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happy trading
dolce vita
  • #32,078
  • May 1, 2024 12:43am May 1, 2024 12:43am
Quoting MIKKI
{quote} Good day Sir I enjoy your analysis please can you explain what is pa.Thank you.
Good day ! just price action as may oscillate/swing at any level , simply abcd pattern where different legs can varies .
anyway at bottoming action , too early though , bounce / breaking out and now testing tl 2287. watching of breaks and hold it . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #32,079
  • May 1, 2024 12:45am May 1, 2024 12:45am
fundamentals - why gold has been selling off:

"
The Federal Reserve is poised to unveil its monetary policy decision from the April 30-May 1 gathering on Wednesday, with expectations indicating that the FOMC will maintain borrowing costs within the current range of 5.25% to 5.50% and leave forward guidance unchanged in the statement. With no fireworks anticipated, all eyes will be on Fed Chair Powell's press conference for insights into the policy outlook, particularly given the absence of new economic projections at this meeting.
Considering recent economic developments, including faltering progress on disinflation, coupled with tight labor markets, Powell is likely to embrace a more aggressive position."

"The prospects of higher interest rates for longer, if confirmed by the FOMC chief, should be bullish for U.S. Treasury yields and, by corollary, the U.S. dollar. However, this outcome may hurt gold prices."
  • #32,080
  • May 1, 2024 12:47am May 1, 2024 12:47am
Quoting DatRikFX
fundamentals - why gold has been selling off: " The Federal Reserve is poised to unveil its monetary policy decision from the April 30-May 1 gathering on Wednesday, with expectations indicating that the FOMC will maintain borrowing costs within the current range of 5.25% to 5.50% and leave forward guidance unchanged in the statement. With no fireworks anticipated, all eyes will be on Fed Chair Powell's press conference for insights into the policy...

Understand if Fed Powell hint of a intrest rate increase. Gold will sell of more! But currently the market has already priced in todays talks
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