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  • #39,241
  • Edited Aug 21, 2024 2:31am Aug 20, 2024 11:58am | Edited Aug 21, 2024 2:31am
XAUUSD D1
Short if price <2491 ---> tp 2410
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otherwise see #39.195 https://www.forexfactory.com/thread/...3#post14969703
  • #39,242
  • Aug 20, 2024 12:21pm Aug 20, 2024 12:21pm
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Don’t focus on making $$$, focus on protecting what you have.
  • #39,243
  • Aug 20, 2024 12:23pm Aug 20, 2024 12:23pm
Quoting Whale
You know what is going to happen next 2-4 weeks.. you will talk about "when this is going to stop" Referring the short side like you did on the long side. have a good day.. i really like you all and wish you the best health and wealth
what do you think? Drop to which levels?
  • #39,244
  • Aug 20, 2024 12:33pm Aug 20, 2024 12:33pm
If 2400 broken we will see 2250
People don't plan to lose. They lose because they don't plan.
  • #39,245
  • Aug 20, 2024 12:43pm Aug 20, 2024 12:43pm
None of you considering there is a chance to go back up from this 2510 level ?
  • #39,246
  • Aug 20, 2024 12:49pm Aug 20, 2024 12:49pm
Nice 4HR BE here. I'm looking at a little retrace to around 2517-19 before falling further. I will watch for the daily print to take a position or not; no reason to mess up a good week. If it continues to break down, expect to see 2480 area. I would give other targets, but there's no need. I'll update then if it happens.
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TechKnow
  • #39,247
  • Aug 20, 2024 12:52pm Aug 20, 2024 12:52pm
Every scenario has a high probability of working ( 5 min Leg's and Range's )
August been Bloody for me till now ...
Those who dare to fail miserably can achieve greatly.” ~ John F. Kennedy.
  • #39,248
  • Aug 20, 2024 12:55pm Aug 20, 2024 12:55pm
Quoting Scalper-N
{quote}what do you think? Drop to which levels?
2350 for sure, later I don’t know.
  • #39,249
  • Aug 20, 2024 1:06pm Aug 20, 2024 1:06pm
With the 4hrs candle has just completed. The drop hasn't created a LL and the uptrend still intac, so I don't think this is bears move. But we may have a play ground for both sides before Powell for now.
  • #39,250
  • Edited 1:51pm Aug 20, 2024 1:15pm | Edited 1:51pm
Waiting for over 2516 to close all today!
Anyway today leg wave , every leg of pa were perfect to the point and all trades too!
As regular eurusd and gbpusd also played but dedicated today gold !
May engage gold another day , another time !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #39,251
  • Aug 20, 2024 2:04pm Aug 20, 2024 2:04pm
personally, i think this is still in an uptrend as on the 4Hr Chart (according to my analysis) we still havent broken and closed below 2485
im looking at more buys as i view this as a simple retrace and i do hope it is
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  • #39,252
  • Aug 20, 2024 2:08pm Aug 20, 2024 2:08pm
Quoting addicttrader
im targetting this very move right here but i think it will probably reverse at around 2518 - 2514 targetting 2525 as tp {image}
ripped right through...i didnt dare enter the trade at the time as the 15M Chart showed great momentum...a clear indication that price was to break the zone...
i'll get back to the charts 12hours from now...hopefully with better chances for buys...
  • #39,253
  • Aug 20, 2024 2:13pm Aug 20, 2024 2:13pm
Quoting PushnPull
With the 4hrs candle has just completed. The drop hasn't created a LL and the uptrend still intac, so I don't think this is bears move. But we may have a play ground for both sides before Powell for now.
i feel the same too...
  • #39,254
  • Aug 20, 2024 5:18pm Aug 20, 2024 5:18pm
Quoting Whale
You know what is going to happen next 2-4 weeks.. you will talk about "when this is going to stop" Referring the short side like you did on the long side. have a good day.. i really like you all and wish you the best health and wealth
whale have you had a few to many plankton ?

the market is changing. Don’t be so sure.
Que Sera
  • #39,255
  • Aug 20, 2024 5:22pm Aug 20, 2024 5:22pm
Who says gold can’t be worth $20,000 an ounce ?

I remember someone saying similar referring to the Dow when it was at 18,000 -around 2012 / 13

its gold time
Que Sera
  • #39,256
  • Aug 20, 2024 5:25pm Aug 20, 2024 5:25pm
Quoting Catempire
Who says gold can’t be worth $20,000 an ounce ? I remember someone saying similar referring to the Dow when it was at 18,000 -around 2012 / 13 its gold time
why there are so many
exaggerators of you when its going in one direction? The market is not only going in one direction, its up and downs
  • #39,257
  • Aug 20, 2024 5:36pm Aug 20, 2024 5:36pm
Quoting Scalper-N
{quote} why there are so many exaggerators of you when its going in one direction? The market is not only going in one direction, its up and downs
No. I agree completely.

It very much depends on your stance, your time frame, your strategy. BUT

the big bucks (which I’m sure we are all here for) is made on the big moves. I’m not saying that this is going to rocket, keep rocketing and smash 5000 tomorrow but what I am saying is it is coming.

gold has been range bound for ages people were calling it to 3/4/5000 in 2011

at some point it will happen, not over night but it will happen.

im saying that this time is now and this is the start of it.

the way it’s moving is a VERY VERY VERY telling sign. IMO.

All the ducks are aligned.

The irony of your name in this topic isn’t lost on me.
Que Sera
  • #39,258
  • Aug 20, 2024 5:55pm Aug 20, 2024 5:55pm
Mr market thinks it’s happening…

500 up or 500 down… that’s what it’ll cost.
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Que Sera
  • #39,259
  • Aug 20, 2024 6:02pm Aug 20, 2024 6:02pm
Quoting Catempire
Mr market thinks it’s happening… 500 up or 500 down… that’s what it’ll cost. {image} {image}
dont understand these pictures, but imo gold is really high right now. If we compare the price to the price in january its almost more than 500$. It should come down first to fuel for higher numbers like you said. Even if its half of that.
  • #39,260
  • Edited 7:21pm Aug 20, 2024 6:04pm | Edited 7:21pm
Quoting Scalper-N
{quote} dont understand these pictures, but imo gold is really high right now. If we compare the price to the price in january its almost more than 500$. It should come down first to fuel for higher numbers like you said. Even if its half of that.
in short

mr market is paying 10 times the price to be at 3000 in December than 2000

10/1

I’ve never seen it so dramatic for gold. It’s a telling sign.
Que Sera
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